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MORNING NEWS HIGHLIGHTS 26/09 โ BITGET HACK $388M, IS THE MARKET CONCERNED?
โ In the past 24 hours, 76,897 traders have been liquidated, with a total liquidation value of $273.85 million.
โ Bitget hack: Damage from the attack has been reported at around $388 million, becoming one of the most notable recent CEX security incidents, increasing concerns about asset custody risk.
โ Bitcoin ETF: Fund inflows into Bitcoin ETFs have remained positive, with about $2.8 billion over 6 days, indicating that institutional demand has not weakened. However, BTC still cannot break decisively above the $87,000 range.
โ RWA continues to expand: Tokenization moves from ARK Invest, along with FC Barcelona joining the blockchain ecosystem, continue to strengthen the RWA narrative and the level of blockchain adoption in traditional industries.
๐ The market is caught between positive flows from institutions and increasingly prominent security risks. Bitcoin ETF inflows are still providing support to prices, but exchange-related incidents may make investors more cautious about assets held in custody on CEXs. Meanwhile, capital flows into RWA stories remain a long-term bright spot, but are not yet enough to fully override defensive sentiment in the short term. Wishing you all a great weekend.
Disclaimer: Information is for reference only and not investment advice.
$BTC $ETH
โ In the past 24 hours, 76,897 traders have been liquidated, with a total liquidation value of $273.85 million.
โ Bitget hack: Damage from the attack has been reported at around $388 million, becoming one of the most notable recent CEX security incidents, increasing concerns about asset custody risk.
โ Bitcoin ETF: Fund inflows into Bitcoin ETFs have remained positive, with about $2.8 billion over 6 days, indicating that institutional demand has not weakened. However, BTC still cannot break decisively above the $87,000 range.
โ RWA continues to expand: Tokenization moves from ARK Invest, along with FC Barcelona joining the blockchain ecosystem, continue to strengthen the RWA narrative and the level of blockchain adoption in traditional industries.
๐ The market is caught between positive flows from institutions and increasingly prominent security risks. Bitcoin ETF inflows are still providing support to prices, but exchange-related incidents may make investors more cautious about assets held in custody on CEXs. Meanwhile, capital flows into RWA stories remain a long-term bright spot, but are not yet enough to fully override defensive sentiment in the short term. Wishing you all a great weekend.
Disclaimer: Information is for reference only and not investment advice.
$BTC $ETH