"Maqi" increased ETH long positions to $6.3 million, opening at approximately $2018.

Over $9 billion lost in 4 months! Bitcoin and Ethereum ETF face the "longest bleeding" in history

The US Bitcoin and Ethereum spot ETFs are experiencing a massive capital exodus, with four consecutive months of net outflows totaling over $9 billion. The Bitcoin spot ETF has seen outflows of $6.39 billion, while the Ethereum ETF has seen outflows of $2.76 billion, indicating that institutional investors have lost interest in cryptocurrencies, leading to a continuous decline in prices. The market in early 2024 was once prosperous due to the launch of ETFs and Trump's election, but now it has entered a winter season.

Data: If ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $869 million.

ChainCatcher Message: According to Coinglass data, if ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $869 million. Conversely, if ETH drops below $1,855, the total liquidation strength of mainstream CEX long positions will reach $632 million.

Block Street releases BSB tokenomics: total supply of 1 billion tokens, initial circulation of 20.775%

Block Street has released the BSB tokenomics, with a total supply of 1 billion tokens and an initial circulation of 20.775%. The token distribution includes allocations for community incentives, ecosystem partners, trading platforms, and other areas.