Adam@Greeks.live|2月 22, 2025 12:11
http://Greeks.Live Daily Briefing of Chinese Community
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Release date: 2025-02-22
Overall market sentiment
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The Bybit theft incident has caused market divergence, and most traders are concerned but believe that the impact is limited. In the short term, the volatility is intensifying, with the key support level at $2600. Most traders have withdrawn their funds to cold wallets and are waiting for the situation to develop.
hot topic
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Dispute over the handling of stolen ETH funds: Some traders support rolling back transactions, believing that the losses can be recovered; The other faction strongly opposes it, believing that it will damage the essence of decentralization
• Difficulty in fund tracking: Hackers can achieve fund whitewashing through coin mixers and multi-layer transfers, and even if exchanges cooperate to restrict trading, it is difficult to recover all funds
Market Impact Expectations: Benefiting from the forced lock up effect of some funds, ETH may show a deflationary trend in the short term, and some traders have already deployed long option strategies
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