SoSo Daily Jul 11 | GMX Attacker Returns $37.50 Million in Crypto Assets
As of 5:59 PM Hong Kong time on July 11, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.75 trillion US dollars, witnessing an increase of 1.21% compared to yesterday; the total trading volume is 279.61 billion US dollars, marking a significant rise of 79.3% from the previous day.
Cryptocurrency Market Update - July 11, 2025
According to sosovalue, the price of $BTC is 117,640 USD, an increase of 3.42% from yesterday. The market cap of $BTC is 2.34 trillion USD, accounting for 62.3% of the total market cap; $BTC's 24-hour trading volume is 83.21 billion USD, making up 29.8% of the total trading volume.
The price of $ETH is 2,992.2 USD, up 5.62% from yesterday; the market cap of $ETH is 361.20 billion USD, representing 9.62% of the total market cap; $ETH's 24-hour trading volume is 52.61 billion USD, comprising 18.8% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.92% of the total cryptocurrency market cap, and their combined trading volumes constitute 48.6% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Omni Network (OMNI). As of 17:50 today, its market cap is 140.17M USD, with a coin price of 3.7100 USD, witnessing a 24-hour increase of 129%.
The second is MemeCore (M). As of 17:50 today, its coin price is 0.83615 USD, with a 24-hour increase of 102%.
The third is ZKFair (ZKF). As of 17:50 today, its coin price is 0.000096000 USD, showing a 24-hour increase of 73%.
In fourth place is Portal (PORTAL). As of 17:50 today, its coin price is 0.070470 USD, with a 24-hour rise of 71.4%.
In fifth place is IguVerse IGU (IGU). As of 17:50 today, its coin price is 0.0013698 USD, increasing by 54.3% over the last 24 hours.
Sector Performance in Crypto Market
According to sosovalue, out of 16 sectors, all 16 are up. Notably, PayFi, Meme, and NFT sectors are worth mentioning.
PayFi sector has risen 11.3% relative to the UTC 0 time, led by gains in XLM (24.1%), KTA (16.8%), and XRP (11.8%).
Meme sector has increased 11.2% relative to UTC 0, with M (90.9%), DARK (36.7%), and mumu (36%) leading the rise.
NFT sector has risen 10.5%, with looks (24%), PENGU (21.8%), and vra (18.6%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:PeckShield has detected that the GMX attacker has returned a total of $37.50 million worth of crypto assets to the GMX Security Committee multi-signature account, including approximately 9,000 $ETH and 10.50 million FRAX. [Foresight News]
Next news:
On July 12, according to Lookonchain monitoring, 0x8c58 deposited 3.74 million USDC into Hyperliquid in the past hour and shorted 18,394 $ETH with 15x leverage (position value of $54.30 million).
0x2258 deposited 3.25 million USDC 16 hours ago and shorted 16,219 $ETH with 25x leverage (position value of $48.00 million).
0xec4b shorted 13,845 $ETH with 15x leverage (position value of $41.07 million). [BlockBeats]
Next news:
On July 11, according to market information, Upexi Inc (UPXI) rose 6% during the session and is now quoted at $5.3199.
Previous news stated that Upexi announced the completion of a $200 million financing for increasing its holdings of SOL.
[BlockBeats]Next news:On July 11, according to official news, Binance will list PrompTale AI (TALE), and trading will begin on July 11, 2025, at 18:00 (UTC+8). After trading begins, users holding at least 190 Alpha points can claim an airdrop of 500 TALE tokens. First come, first served, until the airdrop pool is exhausted or the event ends. Please note that claiming the airdrop will consume 15 Alpha points. Users need to confirm the claim on the Alpha activity page within 24 hours, otherwise they will be deemed to have given up receiving the airdrop. [Deep Tide TechFlow]
Next news:On July 11, Binance Alpha launched TALE. [BlockBeats]
Next news:On July 11th, according to the official announcement, Tether will discontinue USDT support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand on September 1, 2025. The announcement states that this move is part of a broader effort to optimize infrastructure, align with community usage trends, and refocus resources on high-utility, actively developed blockchains. [BlockBeats]
Next news:According to Ethereum Foundation developer Sophia Gold, L1 zkEVM is coming to the Ethereum mainnet, which will significantly increase the Gas limit and achieve native zk-rollup support without sacrificing security, activity, and censorship resistance. [Foresight News]
Next news:On July 11, according to 23pds, Chief Information Security Officer of SlowMist Technology, the GMX hacker sent a message to the GMX deployer address on the chain, stating, "The funds will be returned later." Previously, on July 9, GMX sent a message to the hacker on the chain, acknowledging the GMX vulnerability attack and offering a 10% white hat bounty. [Deep Tide TechFlow]
Next news:Bithumb will list the RESOLV KRW trading pair. [Foresight News]
Next news:Binance Alpha announces the listing of Chainbase (C) on July 14. Eligible users can claim the airdrop through Binance Alpha points on the Alpha event page after trading opens. [Foresight News]
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.