Bitget has launched the U-denominated NAVX perpetual contract, with a maximum of 20 times leverage

Data shows that Bitcoin's realized profit/loss ratio has dropped to approximately 1.5; a drop below 1 could trigger a capitulation sell-off.

A certain whale/institution bought the dip in the past few days, acquiring 83,392 ETH and 1,500 cbBTC.

A whale/institution increased holdings by 750 cbBTC, accumulating purchases of $318 million worth of ETH and cbBTC after the sharp drop.

Citi: Asia-Pacific equity capital markets grow for the fourth consecutive year, and this year is expected to be another bumper year