This week, the US Ethereum spot ETF saw a net outflow of $38.2 million

On May 10th, according to Coinglass data, the total network liquidated $348 million within the past 24 hours. There were $184 million in long liquidations and $164 million in short liquidations. Additionally, $32.548 million in BTC liquidations and $126 million in ETH liquidations occurred.

On May 10th, the Trend Research under LD Capital released its most recent research report. It stated that Ethereum is considered to have a long-term breakthrough above $5000. Under an optimistic situation, if Bitcoin breaks through $300,000 in this cycle, Ethereum is expected to rise to $10,000. Ethereum still maintains robust financial data, and its status as the most important infrastructure for crypto finance remains unchanged. Ethereum's DeFi total TVL is approximately $600 billion, accounting for more than 53% of the global DeFi market. The stablecoin market capitalization is $1.24 trillion, representing more than 50% of the global stablecoin market capitalization. Ethereum's total ETF AUM is $7.2 billion. BlackRock's tokenized currency market fund BUIDL has an investment of around $2.7 billion in the Ethereum ecosystem, accounting for 92% of its total assets. Based on the following potential factors, it is predicted that Ethereum's price will reach $5000 in this cycle: - The u

On May 10th, Ki Young Ju, the founder of CryptoQuant, stated in a post that Bitcoin is deflationary. The Strategy's purchase of BTC is quicker than the mining speed of Bitcoin. The 555,000 BTC they possess is illiquid and there is no selling plan. Just considering MSTR's holdings alone indicates an annual deflation rate of -2.23%. When other stable institutional holders are added, the deflation rate could be even higher.

On May 10th, based on Coinglass data, if Bitcoin surpasses $105,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.152 billion. Conversely, if Bitcoin drops below $102,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.106 billion. BlockBeats Notes: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that the price reaching that level will elicit a more intense response due to a liquidity cascade.

On May 10th, according to Coinglass data, during the past 24 hours, the total net outflow of BTC from CEX was 6198.60 BTC. The top three CEX with the largest outflow amounts are as follows: - Bithumb, with an outflow of 2792.60 BTC. - Bitfinex, with an outflow of 2221.76 BTC. - Kraken, with an outflow of 1331.13 BTC. In addition, Binance witnessed an inflow of 421.73 BTC and ranked first in the inflow list.

On May 10th, according to HTX market data, the price of MEMEFI has dropped by 25% in the past 24 hours, and the market capitalization has decreased to $19.1 million.