● 9 ETFs in the US reduced 609 BTC
● Wintermute founder: The current market situation is a seasonal phenomenon in summer and is expected to recover in August and September
● If Bitcoin falls to $55,000, it is estimated that CEX contracts will have $620 million in long orders liquidated
● Multiple mining machines are close to shutdown prices
● Ethereum has about $38.3 million in on-chain loan liquidation quota around $2,975
●A whale spent 70 million USDT to buy back 22,713 ETH after unloading leverage 1 hour ago
● Biden's chances of being elected have fallen to a record low, while Trump's chances of being elected have risen to 61%
● On July 5, altcoins generally fell, with PEOPLE, ZK, AEVO, BAKE, and YGG all falling by more than 20%
● The Fear and Greed Index hit a one-year low, falling from 44 points to 29 points
●According to TA, the nearest $BTC support is around $52,000, with strong support at $44,000.
● Mt. Gox has transferred 47k BTC to another address.
●The German government is selling 50,000 BTC (10,000 BTC sold).
● Bitcoin has recently been trading at a discount on Coinbase following the Mt. Gox news and sell-off.
●The discount is recovering, indicating that U.S. investors are no longer selling in large numbers. The price gap between Coinbase and Binance is narrowing, which is a positive sign.
● $BTC spot premium fell by ~50%, indicating that spot selling led to price declines.
●The long post/thread about “Can’t sustain the bull market”, “ETF failure” and “No alternative cycle” could be a good bottom signal.
● $JUP - Jupiter launches ape.jup.ag and plans to launch a new Solana chain transaction method next week
● $GAL-Binance will support the swap, increment and brand upgrade of Galxe (GAL) tokens to Gravity (G) on July 15
