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Key Market Information Gap on March 13th - A Must-See! | Alpha Morning News
Top News
1.Abu Dhabi's MGX Invests $20 Billion in Binance, Acquires Minority Stake
3.Co-Founder of Russia Sanctioned Crypto Exchange Garantex Arrested in India
5.Trump's Crypto Project WLFI Sells 99.2% of Newly Added Shares
Articles & Threads
1.《Abu Dhabi's MGX Invests $20 Billion in Binance, Acquires Minority Stake》
On March 12, 2024, Binance announced a $20 billion investment from Abu Dhabi-based investment firm MGX. This is not only a milestone in Binance's development history, but also the largest institutional investment in the crypto industry to date. Against the backdrop of increasing global regulatory pressure and a subdued market sentiment, this investment clearly sends a strong signal to the outside world that Binance is still a coveted target for global capital, especially in the Middle East.
What started as a mundane afternoon with typical CPI data took a turn when the HyperLiquid whale known as the "Insider" - who had recently garnered significant attention in the Chinese community - once again single-handedly disrupted a large portion of the Ethereum smart contract market, capturing the full attention of the entire network. According to official data, due to long and liquidation actions by an address starting with 0xf3 (hereinafter referred to as the Insider), the Hyperliquid treasury HLP (Hyperliquidity Provider) temporarily lost over $4 million.
Market Data
Daily market-wide capital heat (as reflected by the funding rate) and token unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate
Token Unlocks
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