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Analyzing the Role of Bullish Traders in Defending Key Support Levels Amid Market-wide Liquidations
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- 08:05A major whale cut losses and liquidated their entire position amid today's decline, incurring a loss of $5.506 million.According to Jinse Finance, analyst Yu Jin monitored that a whale who bought ETH 9 days ago has sold off all holdings after today's sharp drop, completing a "buy high, sell low" operation. 9 days ago, the whale used 38.017 million DAI to purchase 8,637 ETH at a price of $4,402; after this morning's sharp decline, the whale sold all holdings at $3,764, exchanging back to 32.511 million DAI, resulting in a loss of $5.506 million.
- 07:55Data: Suspected Bitmine newly created wallet increases holdings by 33,323 ETH, worth $126.4 millionAccording to ChainCatcher, two suspected new wallets under Bitmine have withdrawn 33,323 ETH, worth 126.4 million USD, from FalconX and a certain exchange.
- 07:55Uniswap founder: The platform's trading volume today is nearly $9 billion, with no stress or downtime.ChainCatcher reported that Uniswap founder Hayden Adams posted on X, stating, "Large-scale sell-offs are a good reminder of how DeFi is fundamentally different. Uniswap's trading volume today is close to $9 billion, far above normal levels, and the platform has not experienced any stress or downtime."