In the past hour, total liquidations across the network reached $12.99 million, with $10.45 million from long positions, with $2.54 million from short positions. BTC liquidation $2.97 million, ETH liquidation $4.79 million.

According to Huoxun Finance, cryptocurrency market data shows that in the past 24 hours, the total liquidation volume of cryptocurrency contracts across the entire network reached $268 million, including $197 million in long positions and $71.05 million in short positions. By currency pair, Bitcoin saw $37.23 million in long positions liquidated and $15.96 million in short positions liquidated; Ethereum saw $52.8251 million in long positions liquidated and $13.0818 million in short positions liquidated. A total of 163,934 people worldwide experienced liquidations in the past 24 hours. The largest single liquidation order was for the ETHUSDT contract on the Binance platform, valued at $6.428 million.

According to Al Jazeera, Iranian First Vice President Mohammad Reza Arif stated that the Iranian negotiating team is "bravely defending" national interests. Arif said, "The other side's position in the negotiations is capricious; sometimes they plead under pressure, and sometimes they adopt a stubborn stance." Arif also reiterated that Iran's control of the Strait of Hormuz is crucial. "If we control the Strait of Hormuz, there is no need to wait for the sanctions to be lifted; the sanctions will practically become ineffective," he said. (Jin Shi)

According to Coinglass, a cryptocurrency data platform, the current average funding rate for Bitcoin across the entire network over the past 8 hours is -0.0036%. Among major cryptocurrency exchanges, Binance's rate is -0.0123%, OKX's is -0.0057%, Bybit's is 0.0005%, and Gate's is 0.0001%.

According to Huoxun Finance, the current average funding rate for the Ethereum network over the past 8 hours is -0.0093%. Among major exchanges, Binance's rate is -0.023%, OKX's is -0.0131%, Bybit's is -0.0077%, and Gate's is -0.0052%.