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  • 16:02
    X launches account ID trading platform Handle Marketplace
    Jinse Finance reported that X has launched the account ID trading marketplace, Handle Marketplace, for the redistribution of unused Handles. Eligible Premium subscribers will be able to search and submit requests, with both free and paid options available. This feature will be launched soon, and users can now join the waiting list.
  • 15:59
    NYDIG: Stablecoins such as USDT are merely market trading tools and are not truly pegged to the US dollar.
    Jinse Finance reported that Greg Cipolaro, Global Head of Research at NYDIG, stated that stablecoins such as USDC, USDT, and USDe are not truly pegged to the US dollar, but rather fluctuate based on market supply and demand. Essentially, they can only be considered as market trading instruments. The so-called "stability" of stablecoins is actually determined by arbitrage and market dynamics. For example, when the price falls below $1, traders buy in; when it rises above $1, traders sell. Users often misunderstand the real risks associated with these assets.
  • 14:49
    A new address is currently facing an unrealized loss of approximately $1.44 million from shorting ETH and ENA.
    According to Jinse Finance, OnchainLens monitoring shows that a newly created wallet address has withdrawn 4 million USDC from a certain exchange in the past two days and opened short positions on ETH (15x leverage) and ENA (10x leverage), currently with an unrealized loss of about 1.44 million USD.
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