In the past 24 hours, there have been several important news worthy of attention in the cryptocurrency market:

1. Long-term Bitcoin holders transferred large amounts of funds: A Bitcoin wallet that had been dormant for more than 5 years transferred 8,000 Bitcoins, with a total value of approximately US$536 million, without conducting test transactions. Such large-scale fund transfers may cause market volatility and concern.

2. Thailand SEC revokes license of Zipmex exchange: Thailand’s Securities and Exchange Commission (SEC) revoked the license of cryptocurrency exchange Zipmex due to the exchange’s failure to comply with the SEC’s order. This reflects the strict monitoring of the cryptocurrency market by regulators.

3. Ethereum price pressure: Data shows that Ethereum prices have fluctuated over the past week, and there may be more downward pressure in the future. These fluctuations are primarily influenced by market sentiment and macroeconomic factors.

4. Bitcoin ETF net outflows: After 19 consecutive days of net inflows, the Bitcoin spot ETF recently experienced net outflows, which may indicate investor concerns about the short-term market outlook.

5. Polygon launches $720 million community fund: Polygon announced the establishment of a $720 million community fund to fund blockchain projects, especially for developers within the Polygon and Ethereum ecosystems.