Sun Yuchen's address has withdrawn 15,415.5 ETH (53.61 million US dollars) from Binance, with an average price of 3,478 US dollars.

As for today's Mentougou incident, it is actually more like a mountain. It is now confirmed that compensation will start in July. The address holds 850,000 BTC and the compensation is 140,000 BTC. The impact of this news in the later period can refer to the market of Grayscale's market crash, and gradually digest the selling pressure. In other aspects, the trading volume of ETFs has been declining sharply, and this weekend it even reached the normal 4/1 level, indicating that the liquidity of the entire market is not good, and the ETF has also reached the level of 8-day net outflow.