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esp Surges 19.21% in 24H, Currently at 0.0726 USDT

【esp currently trades at 0.0726 USDT, up 19.21% in 24h, according to HTX market data.】esp Surges 19.21% in 24H, Currently at 0.0726 USDT

esp currently trades at 0.0726 USDT, up 19.21% in 24h, according to HTX market data.

&nbsp;according to HyperInsight monitoring, the swing whale "pension-usdt.eth" has just continuously increased its 3x leveraged BTC long position to 49.08 coins, with an average entry price of 66,930.5 USD, currently with a slight unrealized loss.

[Swing trading whale "pension-usdt.eth" added to its long BTC position, with an average entry price of $66,930.5.]&nbsp;according to HyperInsight monitoring, the swing whale "pension-usdt.eth" has just continuously increased its 3x leveraged BTC long position to 49.08 coins, with an average entry price of 66,930.5 USD, currently with a slight unrealized loss.

Swing trading whale "pension-usdt.eth" added to its long BTC position, with an average entry price of $66,930.5.

On February 19, crypto market analyst Axel posted on social media stating that data from the past week reveals an increasingly widening gap between the institutional demand narrative and the actual capital flow. ETF inflow momentum remains unstable, while exchange net flow continues to stay positive, with tokens continuously flowing into rather than out of trading platforms.

[Analysts: Weak institutional demand coupled with pressure from CEX inflows puts double pressure on the Bitcoin market.]On February 19, crypto market analyst Axel posted on social media stating that data from the past week reveals an increasingly widening gap between the institutional demand narrative and the actual capital flow. ETF inflow momentum remains unstable, while exchange net flow continues to stay positive, with tokens continuously flowing into rather than out of trading platforms.

Analysts: Weak institutional demand coupled with pressure from CEX inflows puts double pressure on the Bitcoin market.

&nbsp;according to on-chain data monitoring, a certain whale deposited 8.58 million USDC into Lighter three days ago and opened a 20x leveraged long position on BTC yesterday. Currently, their position holds 1000 BTC, with an entry price of $67,096 and a liquidation price of approximately $58,409.

[Three days ago, a whale deposited 8.58 million USDC into Lighter and then opened a 20x leveraged long position in BTC.]&nbsp;according to on-chain data monitoring, a certain whale deposited 8.58 million USDC into Lighter three days ago and opened a 20x leveraged long position on BTC yesterday. Currently, their position holds 1000 BTC, with an entry price of $67,096 and a liquidation price of approximately $58,409.

Three days ago, a whale deposited 8.58 million USDC into Lighter and then opened a 20x leveraged long position in BTC.

according to Onchain Lens monitoring, a certain whale deposited 1.765 million USDC to HyperLiquid to open 20x leveraged long positions on ETH and BTC, with the ETH position currently at 9,411.33 coins and the BTC position at 260.11 coins.

[A whale deposited 1.765 million USDC into HyperLiquid to open long positions in ETH and BTC.]according to Onchain Lens monitoring, a certain whale deposited 1.765 million USDC to HyperLiquid to open 20x leveraged long positions on ETH and BTC, with the ETH position currently at 9,411.33 coins and the BTC position at 260.11 coins.

A whale deposited 1.765 million USDC into HyperLiquid to open long positions in ETH and BTC.

[Spot gold broke through $5,000 per ounce, up 0.46% on the day.]```

Spot gold broke through $5,000 per ounce, up 0.46% on the day.

&nbsp;Hong Kong Legislative Council member Ng Kit-chong proposed to take advantage of the issuance of the first batch of stablecoin issuer licenses in Hong Kong next month to launch "nighttime electronic consumption vouchers," distributed through e-wallets, to promote the nighttime economy, support businesses, and promote stablecoins. Ng Kit-chong emphasized that this plan is not a universal "airdrop" of money to the public, nor a government funding arrangement, and the related administrative costs can be borne and handled by the licensed stablecoin issuing institutions.

[Wu Jiezhuang: Suggests promoting stablecoins through nighttime electronic consumption vouchers; costs to be borne by institutions obtaining licenses next month.]&nbsp;Hong Kong Legislative Council member Ng Kit-chong proposed to take advantage of the issuance of the first batch of stablecoin issuer licenses in Hong Kong next month to launch "nighttime electronic consumption vouchers," distributed through e-wallets, to promote the nighttime economy, support businesses, and promote stablecoins. Ng Kit-chong emphasized that this plan is not a universal "airdrop" of money to the public, nor a government funding arrangement, and the related administrative costs can be borne and handled by the licensed stablecoin issuing institutions.

Wu Jiezhuang: Suggests promoting stablecoins through nighttime electronic consumption vouchers; costs to be borne by institutions obtaining licenses next month.

according to Arkham data, the UAE has obtained $453.6 million worth of Bitcoin through Bitcoin mining in partnership with Citadel. It is reported that they have retained most of the Bitcoin they produced, with the last recorded outflow of funds occurring 4 months ago. After deducting energy costs, the UAE currently has a profit of $344 million on its Bitcoin holdings.

[The UAE has accumulated $450 million worth of Bitcoin through mining.]according to Arkham data, the UAE has obtained $453.6 million worth of Bitcoin through Bitcoin mining in partnership with Citadel. It is reported that they have retained most of the Bitcoin they produced, with the last recorded outflow of funds occurring 4 months ago. After deducting energy costs, the UAE currently has a profit of $344 million on its Bitcoin holdings.

The UAE has accumulated $450 million worth of Bitcoin through mining.

&nbsp;Musk stated a bug was found that needs to be fixed, so "X" will probably delay the release of the new version until this weekend.

[Musk: X may delay new version release due to vulnerability discovery.]&nbsp;Musk stated a bug was found that needs to be fixed, so "X" will probably delay the release of the new version until this weekend.

Musk: X may delay new version release due to vulnerability discovery.

According to Huobi Global announcement,As the pGALA token has been recreated to replace Gala Token (former GALA), we are taking the following measures to protect users' assets:
1. Close the deposit service for pGALA;
2. Adopt the tax burn mechanism to charge a 1.2% two-way tax burn rate for pGALA spot trading. This pGALA tax burn rate does not affect any other tokens;
3. All the tax fees will be used to repurchase and burn pGALA. This tax burn mechanism is scheduled to take effect for pGALA at 16:00 UTC on November 4, 2022;
4. The pGALA tokens that were illegally minted on BNB Chain and deposited to Huobi are regarded as unjustified enrichment and will be used to repurchase and burn pGALA. The trading fees generated from GALA related trades during 00:00 to 24:00 (UTC+8) November 4, 2022, will all be used to repurchase and burn pGALA;
5. Huobi will continue its efforts to negotiate with the Gala team for compensating users' losses incurred by this event.

Detail

【Notice on Tax Burn for BNB Chain pGALA】According to Huobi Global announcement,As the pGALA token has been recreated to replace Gala Token (former GALA), we are taking the following measures to protect users' assets:
1. Close the deposit service for pGALA;
2. Adopt the tax burn mechanism to charge a 1.2% two-way tax burn rate for pGALA spot trading. This pGALA tax burn rate does not affect any other tokens;
3. All the tax fees will be used to repurchase and burn pGALA. This tax burn mechanism is scheduled to take effect for pGALA at 16:00 UTC on November 4, 2022;
4. The pGALA tokens that were illegally minted on BNB Chain and deposited to Huobi are regarded as unjustified enrichment and will be used to repurchase and burn pGALA. The trading fees generated from GALA related trades during 00:00 to 24:00 (UTC+8) November 4, 2022, will all be used to repurchase and burn pGALA;
5. Huobi will continue its efforts to negotiate with the Gala team for compensating users' losses incurred by this event.

Notice on Tax Burn for BNB Chain pGALA

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Article

up currently trades at 0.033083 USDT, up 10.80% in 24h, according to HTX market data.

Notice on Tax Burn for BNB Chain pGALA

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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