ChainCatcher message, Binance Wallet official stated on social media that the Zora token airdrop has been completed. The official team has currently noticed that some users are experiencing issues when trying to sell ZORA tokens, and the team is actively investigating this issue and will resolve it as soon as possible.

ChainCatcher news, according to data disclosed by IntoTheBlock, Ethereum's market capitalization has significantly increased by 12% in the past 24 hours, showing impressive performance. On-chain data indicates that the current resistance above is relatively limited, with the only significant selling pressure concentrated around $1,860. If this resistance level is successfully broken, the possibility of returning to the psychological level of $2,000 will be significantly enhanced.

ChainCatcher news, CryptoQuant analyst Darkfost pointed out that the current market has seen the largest increase in 24-hour open interest in recent times. Historically, upward movements driven by derivatives often lack sustainability.During the strong bull market phases in November and December 2024, open interest increased by 16% and 15% respectively, supported by strong activity in the derivatives market that fueled positive momentum in the spot market. However, this time the price has only increased by 4.2%, whereas similar past events led to price increases of 10% and 7%. This discrepancy indicates that the selling pressure in the current market remains strong.

ChainCatcher news, according to Lookonchain monitoring, about 10 hours ago a whale sold 2,056 ETH at a price of $1,591 each, cashing out approximately $3.27 million, and established a short position on ETH with 10x leverage on HyperLiquid.

ChainCatcher message, institutional analyst AdamButton stated: "Although market liquidity is thin today, the sell-off continues. The EUR/USD has touched 1.15 to the upside, the first time since November 2021, with an intraday increase of over 1%. I feel like I'm writing the same content in every article, which is that the market has no confidence in the U.S. economic plan. The dollar has always been at the core of a system built over 80 years, and all of this is being destroyed." In addition to the rise in the EUR/USD exchange rate, the dollar has also fallen against other currencies. Another point of interest is the USD/CHF exchange rate, which has broken below an 8-day consolidation range, hitting a 10-year low.

According to ChainCatcher news, data from glassnode shows that whales holding more than 10,000 bitcoins are still buying in large quantities, indicating a strong accumulation trend. At the same time, investors holding a small amount of bitcoins (from less than 1 to 100 bitcoins) have reduced their selling, with the group holding 10 to 100 bitcoins possibly starting to shift towards buying. This suggests that the outlook of medium-sized holders on the market may be changing.

ChainCatcher message, TRON founder Justin Sun posted on platform X, stating, "The current price of Ethereum is low, but there are no plans to sell Ethereum holdings. TRON will continue to seek opportunities to collaborate with more Ethereum developers to build the industry together."

ChainCatcher news, according to CoinDesk, although the possibility of a bottom having already formed cannot be ruled out, on-chain analyst James Check stated that the true bottom may only appear after Bitcoin experiences a real "capitulation sell-off" event.James Check indicated that this could mean Bitcoin needs to drop to around the $65,000 area, which he refers to as the "true market average," or the average cost basis of active investors. Once it falls to this level, the average investor may begin to feel the pressure of unrealized losses, and even those long-term holders who have held their coins for five years may face a "being trapped" situation. Michael Saylor's Strategy has an average Bitcoin cost basis of about $67,500.Although Check expects a significant drop from the $65,000 area, he believes there is strong support between $49,000 and $50,000. This price range represents both the launch price for Bitcoin spot ETFs in 2024 and symbolizes a critical threshold for Bitcoin's $1 trillion market cap. He stated that unless a global economic recession occurs, the likelihood of Bitcoin dropping to $40,000 is low. In 2024, Bitcoin has undergone a long period of "chopsolidation" phase—where the price has remained within a wide fluctuation range of $50,000 to $70,000 for several months, establishing a solid support foundation for the market.

ChainCatcher message, Mantra released a statement regarding the significant unexpected drop in the price of the OM token, which stated: the MANTRA team has not engaged in any selling activities. 100% of the funds from the MANTRA mainnet OM team and advisory team remain locked, while the ERC-20 tokens are in public circulation and not controlled by the team. Currently, there are 77.5 million OM tokens in circulation, with over 200,000 mainnet OM wallets.The initial forced liquidation sell-off caused downward price pressure, which triggered automatic liquidation events for leveraged positions collateralized by OM on various exchanges. The subsequent liquidations and collateral seizures created additional downward sell-off pressure, with some significant OM traders being liquidated by centralized exchanges.MANTRA will release detailed information on the OM Token support plan, which will include a buyback and supply destruction plan for OM tokens. MANTRA CEO John Patrick Mullin has publicly committed to destroying the tokens allocated to his team.

ChainCatcher news, according to CoinDesk, Bitcoin mining hosting and cloud services company Applied Digital (APLD) saw its stock price drop by 30% on Tuesday due to the company's quarterly earnings report falling nearly 18% below analyst expectations, with early trading prices around $3.90.The company reported quarterly revenue of $52.9 million, with particularly poor performance in its cloud services division, which saw a significant quarter-over-quarter revenue decline of 36%, dropping from $27.7 million in the previous quarter to $17.8 million. Applied Digital attributed this decline to the transition from single-tenant contracts to a multi-tenant, on-demand GPU model—this transition has faced technical challenges in its early stages.The company's board approved a plan on April 10 to sell its cloud services business, aiming to refocus on its core HPC data center operations and potentially position itself as a Real Estate Investment Trust (REIT) in the future.

ChainCatcher news, Bank of America Global Research said on Tuesday that global investors have dramatically reduced their holdings of U.S. stocks to a record extent over the past two months, believing that the trade war triggering a global economic recession is the biggest risk facing the market.In a monthly survey of fund managers conducted by Bank of America, the proportion of respondents who net reduced their allocation to U.S. stocks was 36%, the highest level in nearly two years. Over the course of two months, the allocation to U.S. stocks fell by 53 percentage points, marking the largest two-month decline on record. This trend appears set to continue, as a record number of respondents also indicated they plan to cut their allocation to the U.S. stock market. Trump's aggressive tariff plan has triggered a sell-off of U.S. assets, including stocks, the dollar, and U.S. Treasuries. The stock market rebounded on Monday, but the S&P 500 index is still down about 8% year-to-date. Bank of America surveyed 164 investors managing $386 billion in assets.

ChainCatcher news, investor Shorooq Partners issued a statement clarifying: the decline was not due to a hacker attack or team sell-off, but triggered by large-scale forced liquidations, which subsequently led to panic selling during low liquidity periods. Shorooq emphasized that its position as a long-term equity investor remains unchanged and publicly disclosed relevant wallet addresses to prove transparency. Some analyses pointed out that this crash was caused by leverage requirements and forced changes at certain levels, while the lack of decentralized exchange market makers exacerbated the issue.Earlier news indicated that before the sharp drop in the price of OM, a wallet suspected to belong to Shorooq Partners, an investment firm in the Middle East, received a transfer of 2 million OM.

ChainCatcher news, Laser Digital stated on social media, "We want to directly respond to recent speculation regarding Laser Digital's involvement in the price fluctuations of OM (Mantra). Laser has no connection to the recent price drop of OM. The claims on social media linking Laser to 'investor sell-offs' are incorrect and misleading.We have publicly marked some on-chain transfer records of OM related to the Laser wallet. We clearly state: Laser has not deposited any OM tokens to OKX. The wallet mentioned in relation to OKX is not Laser's wallet.We are aligned with our partners, and our core OM investment remains locked. We have no interest in pressuring the token or undermining the project's stability. Transparency is important."ChainCatcher previously reported that, according to Lookonchain monitoring, at least 17 wallets deposited 43.6 million OM (worth $227 million at the time) into exchanges before the OM crash, accounting for 4.5% of the circulating supply. According to Arkham's tagging, two of these addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, two days later, the "2020 ETH whale with a cost as low as $588" is suspected to have sold 1000 ETH (approximately $1.65 million) 12 hours ago. If sold, it would profit $1.064 million, leaving the whale with only 1018 ETH remaining.

ChainCatcher news, according to CoinDesk, World Liberty Financial (WLFI) has officially denied recent rumors about its sale of Ethereum (ETH). Previously, it was reported that a wallet address marked by Arkham as related to WLFI sold approximately $8 million worth of ETH when the price of ETH dropped to $1,465. In response, a WLFI spokesperson stated, "The claims regarding WLFI selling its holdings are completely untrue, and no assets have been sold; the related speculation is erroneous."

ChainCatcher news, according to Onchain Lens monitoring, an early Ethereum whale address has sold its holdings for the first time in the past 10 years, offloading 9,514 ETH for approximately 14.04 million USDC. Currently, the address still holds 29,066 ETH, valued at about 44.33 million USD at the current price.

ChainCatcher message, according to DeFiLlama data, MEXC has seen a net inflow of $77.5 million in the past 7 days, making it one of the few large centralized exchanges to maintain positive capital flow amid a general market decline. Its monthly net inflow reached $1.79 billion, a month-on-month increase of 12.4%, ranking third among global exchanges, behind Binance ($3.7 billion) and Bybit ($3.2 billion). As of April 9, MEXC's net inflow for April has reached $84.25 million, with a total locked value (TVL) of $2.8 billion.In terms of market dynamics, CryptoQuant data shows that on April 7, the inflow of BTC to centralized exchanges increased to 60,000 coins, and USDT inflow approached $2 billion. Analysts believe that investors may be adjusting their asset allocations in preparation for a potential reversal. With market expectations of the Federal Reserve implementing monetary easing in June, MEXC may further attract capital inflows.

According to ChainCatcher's message, on-chain data analyst @ai_9684xtpa monitored that the Fetch.ai team's multi-signature address is suspected of once again selling/market-making 15 million FET through DWFLabs, worth 6.58 million USD. Six hours ago, the tokens were transferred to DWF Labs' Binance deposit address, and over the past year, the team has transferred a total of 40 million FET to CEX, with a total value of 43.17 million USD.