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In Brief Arthur Hayes shares insights on the genuine emergence of an altcoin season. Investors now focus on income-generating and share-distributing projects. This shift reflects the evolving maturity of the crypto market.
In Brief XRP's price surged by 4.9%, reaching $2.35, driven by institutional trading. The XRP Ledger pilot by Ripple and Mastercard boosts XRP's market demand. Dogecoin maintains its trend with institutional support around $0.1620-$0.1670.
In Brief Analyst Ali Martinez identifies potential recovery signs in key altcoins. Martinez highlights critical support re-tests in SEI, PEPE, VET, ALGO, and AVAX. Technical indicators suggest possible trend shifts in these altcoins.
- 11:05A certain whale deposited 25.56 million USDC into Hyperliquid and began building a position in HYPE.According to Jinse Finance, monitoring by Lookonchain shows that a whale who previously earned over $14 million on Hyperliquid has just deposited 25.56 million USDC into Hyperliquid and started buying HYPE. So far, the whale has purchased 92,173 HYPE, worth approximately $3.68 million.
- 11:03Data: Whale who previously made over $14 millions in profits on Hyperliquid buys $3.68 millions worth of HYPEAccording to ChainCatcher, monitored by Lookonchain, a whale (0x152...a7c2) who previously made over 14 millions USD in profits on Hyperliquid has deposited 25.56 millions USDC and started buying HYPE. Currently, this whale has purchased 92,173 HYPE, worth 36.8 millions USD.
- 10:45Opinion: A sell wall has appeared above $105,000 for bitcoin, which may act as a resistance levelAccording to Jinse Finance, Coinglass reports that the spot Bitcoin order book heatmap shows a sell wall forming above $105,000 for BTC, which may become a resistance level for Bitcoin.