News

On-chain analyst Specter pointed out that about 16 hours ago, a wallet suspected to be related to Mining Express exchanged 5,004 ETH for approximately 8.8 million DAI. The project initially attracted investors through multi-level marketing, but was later accused of being a Ponzi scheme and, after stopping payments, shifted to business models such as cloud rendering. On June 15, Specter first marked this address, providing several related addresses for verification.

BlockBeats News, July 4th, according to Dune Analytics data, over 120,000 unique users have traded on the prediction market platform Predict.fun this week, reaching a record high, with over 72,000 new users.

BlockBeats News, July 4th, according to Coinglass data, if Bitcoin breaks above $65,000, the total liquidation strength of mainstream CEX short positions will reach $651 million. On the other hand, if Bitcoin falls below $61,000, the total liquidation strength of mainstream CEX long positions will reach $678 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., the strength. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will experience a stronger reaction due to a liquidity cascade when it reaches that level.