Mixin Network’s Losses Included Nearly $100 Million in ETH, and Both DAI and BTC Exceeded $23 Million
On September 25th, according to pictures released by PeckShieldAlert, the assets lost in the Mixin Network vulnerability exploitation included nearly $100 million worth of ETH, DAI, and BTC, with each exceeding $23 million. The total value is around $140 million.
According to Glassnode data on September 23rd, the number of addresses holding over 100 BTC reached a 4-month low, currently reported at 15,955.
Bit Digital Released Its Production Report for August, and the Output of Bitcoin in August Reached 139.9 Pieces
On September 6th, Bit Digital released its August production report, with a Bitcoin production of 139.9 coins, an increase of 5% from the previous month. As of the end of August, the computing power was 2.03 EH/s, with BTC and ETH treasury holdings of 758.5 coins and 13002.1 coins, respectively, with a BTC equivalent value of $45.3 million.
DonAlt, a pseudonymous crypto analyst who accurately predicted a breakout earlier this year, believes that Bitcoin is currently weak. Despite the predictable delay in the approval of spot-based Bitcoin exchange-traded funds (ETF), BTC still experienced a sharp drop. DonAlt suggests that if there is a steep move to the downside this month, he would consider re-entering the BTC market. However, if BTC continues to bleed slowly, he would not buy in.
Data shows that in the past 24 hours, 29,618.53 BTC have flowed into exchange wallets, in the past 7 days, 30,083.27 BTC have flowed into exchange wallets, and in the past 30 days, 36,284.67 BTC have flowed out of exchange wallets. As of the time of publication, the total balance of exchange wallets is 1,845,303.95 BTC.
Bitcoin's price has dropped to the $25,000 range, down 1.2% over 24 hours. On-chain and micro indicators suggest that the price may suffer another dip before rebounding in the expected bull market after the halving in 2024.