⚠️ Important address due to the market situation! #market #today

📊 According to Binance Futures, during the market crash, the balance of the general insurance fund for #BTC, #ETH and #BNB USDT-margin contracts on Binance dropped from $1.23 billion to $1.04 billion, with $188 million allocated to risk management in the face of extreme volatility.

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$4.5 million.

Total net outflows of spot ETH-ETFs amounted to ~$174.9 mln.

🇺🇸 Trump: meeting with Xi Jinping hasn't been canceled, may still meet with him. #tradewars

🤑😱 #BTC The fear and greed index is 27 - fear.

🎰 #BTC Over the past 24 hours, ~$19.30 billion worth of contracts have been liquidated, of which longs have liquidated ~$16.81 billion and shorts ~$2.49 billion - the largest liquidation in the history of the crypto market - nearly 20 times the March 2020 covidodump.

📈👀 #ZEC is up over 9% in the past 24 hours—despite the biggest liquidation event in crypto history having taken place.

📉👀 #BTC CQ: In the last few hours, 36,700 Bitcoin / $4.1 billion were sent to exchanges at a loss.

They may have contributed to the selling pressure, but the main trigger was clearly the liquidations, which completely dragged the market into the abyss.

📊 #BTC Futures Flow Index dropped to 13%. The price is currently trading below Fair Value of $113.3K.

The spread between Bitcoin futures and spot has turned negative, while open interest dropped by $11B - a massive deleveraging.

The main reaction should be expected on Monday

📈🤔 Bitwise: Our intraday Cryptoasset Sentiment Index just generated a strong contrarian buying signal.

The index reached an intraday low of -2.8 standard deviations - its lowest level since the "Yen Carry Trade Unwind" in the summer of 2024.

💸😨 Well-known Ukrainian crypto investor Konstantin Galish (Kudo) committed suicide amid the market crash.

Rumor has it that he lost at least $30 million in investors' money, other people's money that was entrusted to him to manage.

Kudo was left with a fleet of cars: a 2020 Lamborghini Urus, a 2023 Ferrari 296 GTB, and a 2012 Mercedes-Benz 220 CDI.

💵 #USDT #USDC Tether and Circle minted $1.75B in stablecoins post-market crash.

📊👀 $1.9 billion #USDe burned since yesterday, 13% of total supply, as funding rates turned negative.

USDe is the third largest stablecoin

📈 Sentora: On-chain Treasuries climbed to roughly $8.38B outstanding, +~6% WoW.

📊👀 #BTC CQ: Post-crash recovery begins. Historically, new trending periods tend to emerge ~30 days after major crashes.

📉👀 #XRP Amid the crypto crash yesterday, XRP erased a whopping -50% of its market cap in 30 minutes.

- At 4:50 PM ET, XRP was worth $161 billion.
- By 5:20 PM ET, XRP was worth $80 billion.

🫠 $110k BTC last month vs. $110k BTC today

📊👀 #BTC CQ: Yesterday was the largest long liquidations (USD) candle since last cycle (May 2021). This was wild.

🇰🇷🕵️‍♂️ South Korea’s National Tax Service has warned crypto holders: fail to settle tax debts and officers may seize cold wallets during home searches.

The NTS says it can trace on-chain activity with blockchain analysis tools and, when it suspects coins are hidden offline, inspect homes and confiscate hard drives, cold wallets or PCs.