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Analysis: The current selling pressure on Bitcoin is mainly coming from Coinbase, with another 3,169 BTC transferred in 1 hour ago

17 hours ago

July 25th: In a post, on-chain data analyst Murphy stated that the current selling pressure in the Bitcoin market is mainly originating from Coinbase. At approximately 10 a.m. this morning, 4950 BTC was transferred to Coinbase, resulting in Bitcoin dropping to around $115,000; however, one hour ago, another 3169 BTC was transferred to Coinbase. Analyst Murphy indicated that the on-chain data is only updated up to this point. If there are no new large transfers following this, it is anticipated that it will drop to around $115,000; if the on-chain BTC transfers to Coinbase continue, it is estimated that there is still downside potential.
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If Bitcoin breaks $119,000, the mainstream CEX aggregate short liquidation pressure will reach $948 million.

On July 26th, based on Coinglass data, if Bitcoin surges above $119,000, the total short liquidation strength on mainstream CEXs will amount to $948 million. In contrast, if Bitcoin drops below $116,000, the total long liquidation strength on mainstream CEXs will reach $588 million. BlockBeats Notes: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of the contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, strength. Consequently, the liquidation chart shows the extent to which the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that the price, when reached, will have a more pronounced reaction due to a liquidity avalanche.

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BSC Ecosystem Meme Coin Totakeke's Market Cap Once Reached $15 Million, with a 24-hour Growth of 420%

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Gate Launchpad has officially launched the Ika (IKA) token sale, with a total allocation of 200 million IKA.

July 26th, according to an official announcement, Ika (IKA) has officially been launched on Gate Launchpad and the subscription is now open. It is reported that the subscription period for this event is from July 26, 2025, at 1:00 PM to July 29, 2025, at 1:00 PM (UTC+8). Users can participate in the subscription by using USD1 and GT to subscribe to the IKA token. The subscription price is 1 IKA = 0.001424 GT and 0.025 USD1. The total subscription amount is 200 million IKA.

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Gate Launchpad has launched Ika (IKA) for 1 hour, and the subscription amount has exceeded 1.08 billion USD.

July 26th. According to official data, the Ika (IKA) project was officially launched on Gate Launchpad at 13:00 (UTC+8) on July 26th. Within just one hour after the event began, the subscription response was extremely enthusiastic, and the subscription amount had already exceeded 108 million US dollars. It is reported that the total quota for this Launchpad is 2 billion IKA. Users can participate by using USD1 and GT. The subscription price is 1 IKA = 0.001424 GT and 0.025 USD1. The subscription will continue until July 29 at 13:00 (UTC+8). Token distribution will be based on the proportion of individual subscription amounts to the total subscription amount per hour. The earlier one subscribes, the higher the allocation, with a first-come, first-served basis.

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Cathie Wood: Ethereum Staking Redemption Demand Surges Possibly Due to Robinhood Offering 2% Reward

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This week the US Bitcoin spot ETF saw a net inflow of $72.3 million

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