In the past hour, total liquidations across the network reached $10.05 million, with $9.00 million from long positions, with $1.05 million from short positions. BTC liquidation $5.30 million, ETH liquidation $1.63 million.

Odaily Planet Daily reports that AI-driven financial compliance startup Bretton AI has announced the completion of a $75 million Series B funding round, led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures. Founded by Will Lawrence, a former compliance officer at stablecoin infrastructure company Paxos, the company's clients are primarily fintech service companies, including startups like Mercury, Ramp, Robinhood, and Coinbase, as well as some community and regional banks, helping them achieve anti-money laundering and KYC (Know Your Customer) compliance. (Fortune)

According to Odaily Planet Daily, publicly traded US companies holding Solana (SOL) as an asset are currently facing over $1.5 billion in book losses. These companies collectively hold over 12 million SOL, representing approximately 2% of the total supply. Due to the market price decline, the companies' stock prices are significantly lower than the token's value, limiting their fundraising capabilities. CoinGecko data shows that Forward Industries, Sharps Technology, DeFi Development Corp, and Upexi have book losses exceeding $1.4 billion. Forward Industries alone holds 6.9 million SOL, with an average cost of approximately $230, resulting in a book loss exceeding $1 billion. (Cointelegraph)

Odaily Planet Daily reports that Tools for Humanity, the identity verification company co-founded by OpenAI CEO Sam Altman, is facing a series of executive departures. The company developed an eye-scanning device called Orb for online identity verification. Tools for Humanity's main goal is to establish a trusted identity verification system in the digital world, a technology closely related to blockchain identity verification and digital identity solutions. The company's technology has the potential to impact decentralized identity authentication and the Web3 ecosystem, but it is currently facing the challenge of talent loss. The company has not yet issued an official response regarding the executive departures. (Business Insider)

According to CryptoQuant data, Bitcoin's price has fallen below both the 50-day and 200-day moving averages, with the significant price difference reflecting a correction or "repricing" phase after the previous upward trend. Furthermore, CryptoQuant's Price Z-Score is currently -1.6, indicating that Bitcoin's price is below the statistical average, typically signifying increased selling pressure and weakening trend momentum. Historically, similar price ranges have often corresponded to longer periods of bottoming out rather than rapid rebounds. In the derivatives market, crypto analyst Darkfost points out that the seller-dominated landscape is strengthening. Data shows that last week's weekly net taker volume turned sharply negative to -$272 million, while Binance's active buy/sell ratio fell below 1, indicating a significant increase in selling pressure. Currently, futures trading volume is still significantly higher than spot inflows, and the market needs stronger spot buying to trigger a rebound.