In the past hour, total liquidations across the network reached $84.67 million, with $41.19 million from long positions, with $43.48 million from short positions. BTC liquidation $16.14 million, ETH liquidation $11.21 million.

According to official news from Odaily Planet Daily, MGBX will launch perpetual contract trading pairs for BTWUSDT, EWTUSDT, and LLYUSDT on June 5, 2026 at 18:00 (SGT). Trading will open at 18:00 (SGT) on June 5, 2026. Leverage will be maximum 25x for BTW and EWT, and maximum 20x for LLY.

Emerging market assets fell for the third consecutive trading day, led by South Korean stocks, as investor enthusiasm for artificial intelligence stocks waned. The MSCI Emerging Markets Index fell 1.7% to 1728.66 points, while South Korea's KOSPI index plunged as much as 7% on Friday. Chipmakers such as Samsung Electronics and SK Hynix led the decline after Broadcom's AI chip sales prospects fell short of overly high market expectations. These two companies together account for more than half of the market capitalization of the KOSPI. Emerging market stocks and currencies are expected to record weekly declines after two consecutive weeks of gains. Charu Chanana, chief investment strategist at Saxo Markets, said, "Broadcom is a trigger, reminding us how over-expected the market has become. Investors have priced in too many perfect expectations for AI, so even a small disappointment could lead to a fairly sharp revaluation. Stronger-than-expected non-farm payroll data could become another excuse to cut AI investment." (Jinshi)

According to official news, Gate ETF will launch SPCX3L/USDT, SPCX3S/USDT, MRVL3L/USDT, MRVL3S/USDT, ANTHROPIC3L/USDT, ANTHROPIC3S/USDT, OPENAI3L/USDT, and OPENAI3S/USDT on June 5th at 17:00 (UTC+8). These will support 3x leverage for long/short positions on SPCX (SpaceX), MRVL (Marvel Technologies), ANTHROPIC (Anthropic), and OPENAI (OpenAI), respectively. Gate ETF currently supports trading of 358 tokens. In addition, Gate ETF will hold an ETF new listing trading challenge from June 5th at 18:00 to June 14th at 18:00 (UTC+8). Users who participate in trading SPCX3L/3S, MRVL3L/3S, ANTHROPIC3L/3S, and OPENAI3L/3S can share a reward of 50,000 USDT. Daily trading volume ≥ 1,000 USDT earns a random reward of 20–100 USDT, with a maximum cumulative reward of 1,000 USDT. A total trading volume of ≥ 3,000 USDT among all participants will share a reward of 30,000 USDT based on their trading volume percentage, with a maximum reward of 200 USDT per person. Furthermore, inviting friends to participate in trading can earn you a blind box reward of up to 500 USDT.

Odaily Planet Daily reports that NVIDIA CEO Jensen Huang's first stop on his visit to South Korea was the T1 base in Hongdae, Seoul, where he met with T1 player "Faker" Lee Sang-hyeok, drawing attention from the esports community. Huang stated that South Korea is the birthplace of esports and a shaper of its viewing culture, with many top Korean players contributing to the success of GeForce graphics cards. He emphasized that South Korea holds a special place in his heart and is a very important market for NVIDIA, adding, "We are also your fans." The meeting took place at the T1 base, with T1 players Doran, Oner, Peyz, Keria, and T1 COO Ahn Woong-ki all in attendance. This exchange continued the foundation of previous collaborations on projects such as Valorant. During the interactive session, when asked about his graphics card, Faker responded with "5070," drawing attention. Huang also introduced NVIDIA's next-generation AI PC platform, RTX Spark, stating that it will become the new computing architecture for the future AI era. Faker stated that the meeting with Nvidia's CEO was very meaningful, and he thanked the technology and industry support for the development of professional esports. (Zdnet)