In the past hour, total liquidations across the network reached $59.42 million, with $50.84 million from long positions, with $8.59 million from short positions. BTC liquidation $31.51 million, ETH liquidation $16.33 million.

According to Lookonchain monitoring, a whale quickly opened a 10x leveraged long position after BlackRock announced its plan to buy UNI. It currently holds 1.21 million UNI tokens and has a floating profit of approximately $350,600.

According to Odaily Planet Daily, Trump stated that the United States should pay less interest on its loans (bonds), and that the cost of borrowing in the US should be much lower, therefore it should pay the lowest possible interest rate. (Jinshi)

According to Odaily Planet Daily, on-chain analyst Yu Jin reported that a whale bought $8 million worth of ETH 20 minutes ago. In the past 9 days, he has borrowed a total of 28 million USDT through leverage to purchase 12,802 ETH at an average price of $2,187.

Odaily Planet Daily reports that South Korean cryptocurrency exchange Bithumb has admitted to a serious flaw in its internal system, resulting in the erroneous transfer of 620,000 bitcoins to users instead of the intended 620,000 won. This error caused a 17% drop in the price of bitcoin on the Bithumb platform and prompted an investigation by the Financial Supervisory Service of South Korea, exposing deficiencies in the exchange's asset matching and account segregation controls. Bithumb CEO Lee Jae-won stated that the incident was primarily due to a 24-hour delay in transaction processing and a lag in updating cryptocurrency holdings. While the exchange has recovered most of the bitcoins, 1,786 bitcoins sold before the accounts were frozen remain unrecovered. South Korean lawmakers have expressed concern about the lack of effective regulation in the country's virtual asset market, especially given that South Korea has 10 million cryptocurrency investors, making it one of the most active cryptocurrency markets globally. (Coindesk)