News

According to ChainCatcher, citing monitoring by Onchain Lens, a wallet associated with Tim Draper deposited 150.84 BTC (worth 11.62 million US dollars) to a CEX (possibly an exchange) after holding them for a year, resulting in a loss of 2.57 million US dollars. Billionaire Tim Draper is a well-known venture capitalist who made early investments in unicorn companies such as Tesla, Skype, an exchange, Ledger, and Tezos.

PRO chip distribution data shows: Over the past two weeks, 50% of BTC trading chips were concentrated in the $70,561.83 to $73,610.20 range. Currently, BTC has broken through the upper boundary of this dense area ($73,610.20), entering a relatively sparse chip region. Historical data indicates that when the price enters a sparse chip zone, accelerated movements are likely to occur. Pay close attention to whether the price can stabilize in the new range to confirm the validity of the breakout. For more chip distribution data on other timeframes or coins, please activate the PRO version K-line chart to view. Data is for reference only and does not constitute any investment advice.

BlockBeats News, April 18th, Analyst Alicharts pointed out that ETH has broken through the upper trendline of the ascending triangle and the key resistance level of $2385. This price level will now turn into a support level. With the overhead supply being cleared, the technical target for this pattern is now $2900.