ChainCatcher message, suspected “1011 insider whale” Garrett Jin posted on the X platform that last week, the sell-off of AI concept stocks in the US stock market may have been caused by emotional misinterpretation by sell-side analysts of comments made by the CEO of Broadcom. This week, the artificial intelligence sector has begun to rebound broadly, including Oracle, which is still affected by debt issues. This trend usually indicates the end of panic sentiment. Garrett Jin added that currently, the correlation between ETH and the Nasdaq 100 index remains high, and the Nasdaq 100 has now fully recovered from the declines caused by those “bad news,” which may also imply that ETH will bottom out and rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Over the past 24 hours, liquidations across the entire network totaled $132 million, with long positions accounting for 58.8% of the liquidations
Gate News message: On April 13, according to CoinAnk data, over the past 24 hours the entire network liquidations totaled $132 million, including long liquidations of about $77.6 million and short liquidations of about $53.93 million. By coin, Bitcoin liquidations were about $29.45 million, and Ethereum liquidations were about $22.37 million.
GateNews27m ago
XRP Beats BTC and ETH in ETF Flows, Shiba Inu Extends Price Rally, Cardano Founder Takes Jab at XRP, Ripple CTO Emeritus Says No One Holds Satoshi’s Keys — Top Weekly Crypto News - U.Today
XRP beats Bitcoin, Ethereum, Solana and Dogecoin in 24-hour ETF flows
Cardano founder criticizes XRP
Adam Back denies Satoshi rumors again
David Schwartz explains why no one alive likely has Satoshi's keys
SHIB extends price rally amid 237% surge in burn activity
XRP beats Bitcoin, Ethereum,
UToday1h ago
Ethereum Hyperbridge HandlerV1 contract was subjected to an MMR proof replay attack, resulting in a loss of approximately $242k
Hyperbridge HandlerV1 contract on Ethereum was hit by an MMR proof replay attack, resulting in a loss of about $242k. The attacker used the vulnerability to replay historical proofs to carry out privileged operations, and replay protection failed to effectively bind the request payload.
GateNews1h ago
Whale Deposits 2,540 ETH to CEX After 3-Month Hold, Records $2.4M Loss
Gate News message, a whale address deposited 2,540 ETH (valued at $5.56 million) into a centralized exchange after holding the assets for three months, recording a loss of $2.4 million. The whale had initially withdrawn 2,550 ETH from the exchange at a cost of $8 million three months prior. The addr
GateNews1h ago
NXC trims bitcoin and ethereum, sells its stake in two major crypto exchanges
Korean game company NXC is scaling back its crypto assets. As of the end of 2025, its total size was 147.6 billion won, and it sold Bitstamp and plans to exit Korbit. This move reflects NXC shifting toward European industrial investment, with its business becoming more diversified. Revenue growth in 2025 was strong, but net profit fell sharply, mainly due to a lack of non-recurring gains.
MarketWhisper2h ago
Polkadot bridge vulnerability exploited: 1 billion DOT minted on the Ethereum network and sold off
Gate News message, April 13, market reports show that a Polkadot bridge vulnerability was exploited, and the attacker minted 1 billion DOT on the Ethereum network and has already sold it off.
GateNews2h ago
