Data: BNB breaks through $BTC ChainCatcher news, Binance - | Kun Lee on Binance Square

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Data: BNB breaks through $BTC ChainCatcher news, Binance - BNB/USDT is currently trading at $700.00, down 0.29% in the last 24 hours.
$BTC  $ETH  $sol
 

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BNB

682.65

-1.63%

BTC

92,337.18

-3.02%

ETH

3,233.4

-3.77%

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Analyst: BTC will reach $1.5 million in 10 years According to a report by Cointelegraph, cryptocurrency analyst and economist Timothy Peterson stated that the price of BTC will reach a target of $1.5 million per coin, and it should be achieved within the next ten years. Timothy Peterson cited his own model, which uses network expansion as the core of BTC's future value proposition, and he predicted that the trading price of BTC/USD will increase 15-fold by the mid-point of the next decade. It is reported that Timothy Peterson had successfully predicted in 2020 that BTC would not fall below $10,000 again. $BTC $ETH $SOL

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Data: ETH whale currently hold short positions in ETH and have a floating profit of $2.45 million According to on-chain analyst Yujin, the whale who shorted ETH has not yet closed half of their short position. They are currently sitting on unrealized profits of $2.45 million. At dawn on the 7th, their ETH short position was underwater by nearly $5 million. With the recent drop, they have gone from being in the red to being in the green, with current unrealized profits of $2.45 million (if they had not closed half of their position yesterday morning, their unrealized profits would now be $4.9 million). $BTC $ETH $SOL

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In the past 4 hours, the entire network has liquidated 78.0557 million US dollars, mainly long orders Odaily Odaily reports that according to Coinglass data, the total network liquidation in the past 4 hours was $78.0557 million, of which $67.9693 million was long position liquidation and $10.0863 million was short position liquidation. $BTC $ETH $SOL

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In the past hour, the entire network has liquidated 54.17 million US dollars, mainly long orders According to Coinglass data, the total network liquidation in the past 1 hour was $54.17 million, of which $53.5 million was long position liquidation. $BTC $ETH $SOL

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Notional Labs CEO: The real culprit behind Terra’s collapse is an unidentified attacker Odaily reported that Notional Labs CEO Jacob Gadikian recently disclosed that the collapse of Terra and the de-pegging of UST were not solely caused by the project's founder Do Kwon. The real culprit behind this fraud case is an anonymous attacker who is still at large. Gadikian pointed out that the validator group was attacked at the time, and billions of people were manipulated for no reason. Gadikian also released a video demonstrating an attack on the Cosmos hub test network, which had the same effect as the so-called attack that caused the UST de-pegging. Other investigators agreed with Gadikian's statement, saying that during the de-pegging period, a large number of bot trading caused Terra to be unable to recover the USD peg of UST through its economic model, and the on-chain trading volume surged 6-fold. $BTC $ETH $SOL

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