In the past hour, total liquidations across the network reached $28.38 million, with $27.12 million from long positions, with $1.26 million from short positions. BTC liquidation $7.41 million, ETH liquidation $6.97 million.

According to Huoxun Finance on February 19th, Joachim Nagel, a member of the Governing Council of the European Central Bank and President of the Bundesbank, stated in a speech at the American Chamber of Commerce in Germany that the introduction of a euro-denominated stablecoin could provide individuals and businesses with low-cost cross-border payment services and address the dollarization risks posed by dollar-denominated stablecoins. Nagel pointed out that if domestic currencies are replaced by dollar-denominated stablecoins, it would be tantamount to dollarization of the relevant economies, potentially severely undermining the effectiveness of domestic monetary policy and European sovereignty. Currently, the European Central Bank is assessing the possibility of using distributed ledgers in non-central bank currencies, including tokenized deposits and euro stablecoins, and plans to launch a digital euro in 2029. Furthermore, the European Central Bank is also developing a wholesale CBDC to allow financial market participants to execute programmable transactions.

Huoxun Finance News, February 19th - Following Base's announcement that it would abandon OPStack and transition to its own "unified stack," the OP token plummeted by over 20%. Base's decision removed a significant catalyst from the Optimism ecosystem, exacerbating OP's downward trend.

Huoxun Finance reported on February 19th that crypto KOL @thedefiedge posted on the X platform that 85% of tokens issued in 2025 will be trading below their issue price. Venture capital funding has fallen to a five-year low. The establishment of new funds has also hit rock bottom.

According to the latest data from Gate, as reported by Odaily Planet Daily, gold prices rose to $4,977.5 per ounce, a daily increase of 0.90%; silver prices rose to $78.46 per ounce, a daily increase of 2.51%. Regarding volatility indices, the BVIX (BTC volatility index) is currently at 54.64, up 5.34% on the day; the EVIX (ETH volatility index) is currently at 69.51, up 1.53% on the day. In commodities, WTI crude oil rose 4.07% to $66.27 per barrel; Brent crude oil rose 3.93% to $71.72 per barrel. Gate allows users to directly trade traditional financial market products on its platform, providing a one-stop service covering precious metals, forex, global equity CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and Web platform, allowing users to easily participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing their diversified asset allocation experience.