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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

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A Whale Withdraws Nearly $16 Million Worth of Altcoin from Binance 7 Hours Ago

March 24th, per The Data Nerd monitoring, a crypto whale withdrew nearly $16 million worth of altcoins from Binance 7 hours ago, dispersing the funds to two wallets. The withdrawn assets include: - 43.49 million ENA (~$4 million) - 3.28k AAVE (~$3.6 million) - 24.9k AVAX (~$2.4 million) - 8 million ONDO (~$2 million) - 5.96k UNI (~$2.1 million) - 1.49 million PENDLE (~$1.8 million)

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SIREN plunges nearly 60% in 24 hours, market cap drops to $780 million

On March 24, per market data, SIREN plummeted 56.8% over 24 hours. Its market capitalization fell to $780 million, while 24-hour trading volume reached $55.79 million.

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Cryptocurrency Rebound, Funding Rate Shows Bearish Sentiment Still Unwilling to Retreat, ETH Particularly Prominent

March 24 — Per Coinglass data, Bitcoin (BTC) trades at $70,529.30 (3.25% 24h gain), while Ethereum (ETH) sits at $2,138.27 (3.32% 24h gain). As prices rebound, funding rates across major centralized (CEX) and decentralized (DEX) exchanges still signal persistent bearishness—**especially for ETH**. ### Key Details: - **ETH**: Funding rates are negative on nearly all top platforms (e.g., Binance), with shorts paying longs to keep positions open. Futures sentiment is far more bearish than spot. - **BTC**: Binance and other major platforms show positive rates, but all fall below the 0.005% threshold. Some platforms still report negative rates, indicating overall non-neutrality. Funding rates for major coins are in the **accompanying chart**. --- **BlockBeats Note:** Funding rates are fees exchanges set to align perpetual contract prices with underlying assets. They facilitate fund transfers between long/short traders—exchanges do not collect this fee. Rates adjust positi

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In the past 24 hours, the total net liquidation across all platforms was $665 million, triggering a long and short squeeze.

March 24: Per Coinglass data, total crypto liquidations over the past 24 hours hit $665 million, with $296 million in long position liquidations and $369 million in short position liquidations. Globally, 127,000 traders were liquidated in the same window. The single largest liquidation was a $16.275 million ETHUSDT_UMCBL position on Bitget.

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World Gold Council: Driven by Geopolitical Risks, More Central Banks Will Increase Gold Holdings

**March 24 (FX678) — Shaokai Fan, Global Central Bank Director at the World Gold Council, said Tuesday that gold—positioned as a hedge against de-dollarization and geopolitical risks—could drive previously inactive central banks to buy the precious metal this year.** Recent months have seen central banks from Guatemala, Indonesia and Malaysia begin gold purchases, with these institutions either re-entering the market after a long hiatus or making their first-ever gold buys. “Over the past few months, some new central banks—either long inactive or absent from the gold market—are entering the space. I expect this trend to continue through 2026,” Fan noted. He added that some central banks are also purchasing gold from domestic small-scale producers to support local industries and prevent these reserves from flowing to “non-regular participants.” During last October’s gold sell-off, central banks seized the opportunity to boost holdings, but it’s still too early to tell if a similar

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Hong Kong Woman Scammed in Online Romance, Loses Over 5.5 Million Hong Kong Dollars to Cryptocurrency Investment Scam

Hong Kong police announced on the social media platform "Protector" on March 24 that over the past few months, a 39-year-old local woman connected with a scammer on a mobile dating app—someone claiming to be an employee of a new energy company. The pair then shifted their conversation to WhatsApp, where they developed an online romantic relationship. The scammer later recommended a fake trading platform, telling the victim she could earn high returns by investing in cryptocurrencies. Over just two months, the woman followed instructions from the platform’s customer service and transferred more than HK$5.5 million to multiple unknown personal accounts via the Faster Payment System. When the scammer vanished, the victim realized she’d been scammed. Police are warning the public to exercise caution when making friends online, noting that scammers frequently pitch investments in precious metals and cryptocurrencies. In the past week alone, there have been 15 online romance scam cases

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