In the past hour, total liquidations across the network reached $10.64 million, with $859,121.56 from long positions, with $9.78 million from short positions. BTC liquidation $1.84 million, ETH liquidation $1.39 million.

According to official sources, Binance Wallet has announced the launch of its Security Scan feature, designed to provide users with more comprehensive security protection and help them identify and prevent potential risks during Web3 interactions.

Odaily Planet Daily reports that U.S. Treasury Secretary Scott Bessent admitted on Wednesday, under questioning from several Democratic lawmakers, that he and his Key Square Investments firm were wrong to tell partners in January 2024—before Trump wins re-election—that tariffs were inflationary. During a often heated hearing before the House Financial Services Committee, Bessent was questioned about the document and expressed his desire to correct the record. "If I was wrong before, I'm willing to correct it. My statement that tariffs could cause inflation was indeed wrong," Bessent, a Trump appointee, told lawmakers.

Silver prices fell sharply on Thursday, with volatility persisting as a stronger dollar triggered a new round of market corrections. Spot silver prices fell as much as 16% to $73.58 per ounce, down more than 30% from recent record highs, and were last down 8%. The dollar index rose as much as 0.2% to 97.79. FOREX.com analyst Fawad Razaqzada said, "If this (dollar) rebound is not just a short-lived one, it could continue to weigh on gold prices." Eva Mansi, a commodities strategist at ING, noted, "Silver is often called 'gold on steroids,' and its percentage volatility is typically significantly higher than gold." She stated that the silver market is smaller and more influenced by investment and industrial demand, resulting in greater price volatility. Analysts expect volatility in the precious metals market to continue as investors reassess last year's record rally and this year's historic pullback. For now, Mansi believes the recent sell-off is more likely a technical or cyclical correction than a structural weakening, as macroeconomic fundamentals remain solid. Mansey added, "The speed and sustainability of any further recovery will depend on the dollar's trajectory, interest rate expectations, and overall risk sentiment." (Jinshi)

According to Lookonchain, Bitcoin OG Garrett Jin (fbd3...) withdrew 80,000 ETH from Binance, worth $167 million. Garrett Jin has since begun buying ETH again.