According to Huoxun Finance, the total amount of cryptocurrency liquidations across the internet reached $269 million in the past 24 hours, including $190 million in long positions and $79.0857 million in short positions. Breaking it down by cryptocurrency, Bitcoin saw $55.5151 million in long positions and $8.047 million in short positions liquidated, while Ethereum saw $40.3574 million in long positions and $16.8213 million in short positions liquidated. Furthermore, 148,138 traders worldwide experienced liquidations in the past 24 hours, with the largest single liquidation order being a $11.5565 million BTC-USDT-SWAP contract on the OKX platform.

According to Huoxun Finance, in response to recent allegations and rumors of RAVE token price manipulation, RaveDAO issued a statement on the X platform, stating that the team has noticed the rumors and allegations surrounding the RAVE token and the RaveDAO team. The team explicitly stated that it is not involved in the significant fluctuations in the RAVE token price and is not responsible for the recent price volatility. RaveDAO values transparency and is currently focused on promoting the large-scale application of Web3 through offline activities.

According to data released by cryptocurrency data platform Coinglass, the current average funding rate for the Ethereum network over the past 8 hours is -0.0054%. Among major cryptocurrency exchanges, Binance's funding rate is -0.0151%, OKX's is 0.01%, Bybit's is -0.013%, and Gate's is 0.0077%.

According to Huoxun Finance, the US military plans to board and seize oil tankers and merchant ships linked to Iran in international waters in the coming days, expanding its naval operations beyond the Middle East. Iran is currently tightening its control over the Strait of Hormuz, attacking several merchant ships on Saturday and declaring the waterway under "strict Iranian control." Just a day earlier, the Iranian Foreign Minister had declared the strait fully open to merchant ships, a statement that had been praised by President Trump. This development has caught shipping companies off guard.

Huoxun Finance reports that the "Racing the Future" outdoor crossover exhibition, launched by cryptocurrency exchange Gate at the K11 MUSEA waterfront promenade in Victoria Harbour, Hong Kong, has officially opened to the public. On its opening day, the exhibition attracted a large number of citizens and tourists, with the number of visitors exceeding 10,000. The waterfront area remained crowded, creating a vibrant atmosphere. As an official sponsor of the Red Bull Formula 1 team, Gate showcased the team's new 2026 race car and related equipment at the exhibition, and set up interactive experience areas to allow visitors to experience firsthand the fusion of racing engineering and speed culture. Many visitors stopped to take photos and try out the interactive exhibits. Racing suits, equipment, and gloves of champion drivers Max Verstappen and Isack Hadjar were also on display, along with a giant Max Verstappen helmet installation, attracting many fans to take photos. In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the F1 Red Bull team display car will be unveiled and brand collaborations will be showcased. That evening, Gate will also host an anniversary gala dinner at the Rosewood Hong Kong, which will be attended by the platform's founder and CEO, Dr. Han. It is expected that more than 300 representatives from top industry organizations and partners will be invited to participate in the exchange.