[Upbit to List TREE, Supporting KRW, BTC, USDT Trading] Upbit announced that TREE (Treehouse) will be listed at 16:00 HKT on August 28, supporting KRW, BTC, and USDT trading pairs. TREE is based on the Ethereum network, and users must ensure they use the correct network for deposits and withdrawals.

The current price of BTC is $112992.99, with a 1.13% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.06 million US dollars, with the main liquidation being short orders and BTC liquidation being 5.09 million US dollars (46.05%). The data is for reference only.

OKX-BTC/USDT is currently trading at $113004, up 0.14% in 5 minutes. Please be aware of market fluctuations.

CryptoQuant data shows that stablecoin liquidity growth is slowing, with weekly market cap expansion dropping to approximately $1.1 billion, significantly lower than the previous $4 to $8 billion per week. The 60-day growth of USDT is around $10 billion, down from its peak of $21 billion. Nevertheless, the total stablecoin reserves on exchanges reached a record high of $68 billion on August 22, with USDT accounting for $53 billion. Analysts believe that the slowdown in stablecoin growth may indicate that the market is leaning toward a consolidation phase.

According to AiCoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to $81.4 million. Among them, IBIT was the largest inflow, with a daily net inflow of $50.9 million; Next is FBTC, with a total of 14.7 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only