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VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 16:08Data: $215 million in liquidations across the network in the past 24 hours, with $113 million in long positions and $102 million in short positions liquidatedAccording to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $215 million in the past 24 hours, with long positions accounting for $113 million and short positions for $102 million. Specifically, Bitcoin long positions saw $5.2718 million in liquidations, while Bitcoin short positions were liquidated for $17.9143 million. For Ethereum, long positions were liquidated for $29.546 million, and short positions for $33.7176 million. In addition, over the past 24 hours, a total of 106,731 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $2.0891 million.
- 16:03Data: "Insider whale" has already cut half of their BTC short positions to stop losses, with a principal loss of $2 millionAccording to ChainCatcher, on-chain analyst Yu Jin has monitored that 20 minutes ago, the "insider whale" cut losses and reduced half of their BTC short position, incurring a principal loss of $2 million, with only $1 million remaining. Currently, the "insider whale" still holds BTC short positions worth $62.5 million, with a liquidation price at $115,368.
- 16:02INJ Surpasses 13 DollarsAccording to Jinse Finance, market data shows that INJ has surpassed $13 and is now trading at $13.01, with a 24-hour decline of 1.74%. The market is experiencing significant volatility, so please manage your risks accordingly.