In the past hour, total liquidations across the network reached $10.32 million, with $3.46 million from long positions, with $6.85 million from short positions. BTC liquidation $411,962.38, ETH liquidation $397,824.84.

Odaily Planet Daily reports that Spark has released its Q1 2026 financial report on the X platform. The report shows total protocol returns of $31.5 million, net protocol returns of $6.91 million, and net protocol surplus of $3.46 million. The Spark Protocol treasury currently holds $46.1 million, and a $986,000 SPK token buyback has been completed. Due to narrowing lending spreads and increased demand for savings, distribution has surpassed the Spark liquidity layer as the primary driver of returns for the first time.

MyToken data monitoring shows that on 【April 25th, 24:37】 (Beijing Time), an address starting with 【3Awh3B】 transferred 【1167.05 BTC】 to an address starting with 【38Y44j】, with a total value of approximately 【90.87 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Huoxun Finance, data shows that Binance experienced a net outflow of 74.6394 million USDT in the past hour.

Huoxun Finance reports that several crypto industry organizations have jointly sent a letter to the U.S. Securities and Exchange Commission (SEC) in response to the SEC's recent statement from the Division of Trading and Markets regarding the registration of brokers with "non-custodial user interfaces" for crypto asset securities. The joint signatories include the DeFi Education Fund, Aave Labs, Uniswap Labs, Paradigm, and Andreessen Horowitz. They support the statement's exclusion of "non-custodial user interfaces"—those that only provide technical access and allow users to manage their assets independently—from broker registration requirements. They also urge the SEC to establish clearer and more sustainable standards for defining brokers through formal rules, avoiding the erroneous inclusion of neutral software tool providers, validators, RPC/APIs, oracles, cloud services, and other blockchain infrastructure within the scope of broker regulation. This would provide long-term legal certainty for blockchain infrastructure innovation while protecting investor interests. Previously, the SEC's Division of Trading and Markets had suggested that some DeFi trading interfaces should not be registered as brokers, leaving policy space for related applications. The current signatories believe the new rules can reasonably cover validators, APIs, oracles, and other infrastructure participants. Currently, the U.S. crypto legislation, the CLARITY Act, is still blocked in the Senate.