News

BlockBeats News, January 14th, according to Hyperinsight monitoring, in the past 1 hour, an address starting with 0x17d completely closed its long position of about 1.76 million ASTER, with a position size of approximately $1.35 million, recording a profit of about $147,000. It is reported that the address transferred about $304,000 to Hyperliquid yesterday, then used 5x leverage to go long on ASTER at a price of about $0.687. Today, driven by positive news, the address liquidated its position around $0.77. This operation was the address's first transaction, achieving a return of 40%.

BlockBeats News, January 14th, according to Bitget market data, the closing price of Japan's Bitcoin custodian company Metaplanet, traded as DAT, was 605 Japanese Yen today, with a daily increase of 77 Yen, representing a 14.58% surge.

BlockBeats News, January 14, CryptoQuant analyst Darkfost stated, "On-chain activity of Bitcoin OG whales (holders who have not moved their coins for more than 5 years) has shown a significant decline. In this cycle, OG activity was unusually high. The number of UTXOs they spent was significantly higher than in the previous cycle." It is also worth noting that this cycle has provided Bitcoin OG whales with an almost perfect selling window: large institutional funds have entered the market, and even government-level buyers have participated. As the cycle progresses, the selling behavior of Bitcoin OG whales at cyclical highs is continuously decreasing. The 90-day moving average of the most recent STXO peak was about 2,300 BTC, but this average has since dropped sharply and is currently fluctuating around 1,000 BTC. This indicates that the selling pace of Bitcoin OG whales has also slowed down. Their highly impactful selling pressure is clearly decreasing, and the current dominant trend is more inclined towards holding rather than distributing (selling)."