News

According to Deep Tide TechFlow, on December 21, on-chain data monitoring shows that "Brother Machi" Huang Licheng closed all his Bitcoin long positions and HYPE long positions 15 minutes ago. He currently still holds a 25x leveraged Ethereum long position, with a holding of 5,400 ETH and a liquidation price of approximately $2,795. As of now, Brother Machi has made 15 long trades this week, with 12 profitable and 3 losing trades, resulting in a win rate of 80%. The overall net loss for his positions this week is about $1.46 million.

According to the popularity ranking, BEAT's popularity has increased by 30,000 compared to yesterday, ranking first. The popularity ranking is as follows: ① BEAT ($2.86, 34.91%) ② ETH ($2993.60, 0.28%) ③ ZEC ($440.39, -2.63%) ④ PIPPIN ($0.4479, 11.61%) ⑤ RAVE ($0.4377, 15.98%). BEAT's main capital selling pressure is moderate, with a net outflow of $1.0348 million in 24 hours and a 24-hour trading volume of $852 million, of which the main capital net outflow is $920,100.

According to Odaily, 10x Research released a weekly review of the crypto market, pointing out that due to global policy uncertainty and legislative delays, the price of bitcoin remains at a low level, and the market downturn has yet to be reversed. The overall performance of publicly listed cryptocurrency companies has been poor, and the launch of new products by certain exchanges has failed to offset the overall market weakness. Strategy's stock price continues to underperform, and although ARK Invest increased its holdings in BitMine, it has not boosted its stock price. Among bitcoin mining companies, Bitdeer is facing class action pressure, CleanSpark's earnings fell short of expectations and it is facing insider selling, Iren suffered a neutral rating and its stock price was hit, and although TeraWulf completed a large financing round, its stock price still declined due to equity dilution.