According to Huoxun Finance, on-chain analyst monitoring shows that on April 20th, an address placed a limit buy order for ETH on Cowswap, with a price range of $1840.9 to $2076.38, totaling $20.68 million. From early this morning until now, this buy order has been executed, with 3942.3 ETH traded, amounting to $8.15 million, at an average price of $2067. The ETH price was approximately $2276 at the time the order was placed.

According to Huoxun Finance, Binance Alpha will launch a Solstice (SLX) airdrop on May 25. Eligible users can claim the airdrop using Alpha Points on the Alpha page after the corresponding trading platform opens. More details will be announced later.

According to Huoxun Finance, data shows that the Coinbase Bitcoin Premium Index has been in negative territory for eight consecutive days, currently at -0.1197%. Bitcoin spot ETFs continue to see outflows, indicating weak purchasing power in the US market. This index measures the difference between the price of Bitcoin on Coinbase and the global market average. A negative premium typically reflects significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.

According to Huoxun Finance, analyst Murphy points out that during the bear market bottoms of February 2019 and January 2022, the amount of BTC lost was 10.6 million coins each. If this bear market continues this pattern, the corresponding bottom price would be around $60,000. When the amount of BTC in circulation that has suffered losses reaches a critical value, the supply side may dry up, suppressing the downward trend. When BTC falls to $60,000 on February 5, 2026, the amount of losses will be nearly 9.93 million coins. If it falls back to $60,000 again, the current loss amount in the token structure will reach 10.6 million coins, which may coincide with the bottom of past bear markets.

Odaily Planet Daily reports that Changqiao Securities has issued further clarification regarding recent regulatory matters concerning cross-border securities business in China. Changqiao Securities stated that the Hong Kong Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC), among other mainland regulatory authorities, have recently issued updated regulatory requirements for cross-border securities business, establishing unified industry-wide standards for related services to mainland investors. These regulatory rules apply to all overseas financial institutions. Changqiao is actively responding to the regulatory guidelines from both regions and will strictly adhere to the relevant requirements to steadily advance its compliance work. Changqiao Securities stated that the scope of accounts targeted for this regulatory cleanup is limited and clearly defined, primarily targeting two types of accounts: investment accounts opened using suspicious or forged documents; and investment accounts with zero balances and no activity. Customer accounts opened normally and compliantly with genuine assets and holdings are not within the scope of this cleanup. Changqiao firmly supports the regulator's zero-tolerance attitude towards fraudulent account openings and will strictly handle such cases in accordance with regulatory requirements. (eCompany)