In the past hour, total liquidations across the network reached $10.94 million, with $2.72 million from long positions, with $8.22 million from short positions. BTC liquidation $1.68 million, ETH liquidation $1.59 million.

According to Odaily Planet Daily, a whale has been continuously buying Sato since three hours ago, with a total purchase of $325,000, an average purchase value of $28.4 million, and a floating profit of $32,000.

Huoxun Finance reports that South Korean cryptocurrency exchange Bithumb has announced a memorandum of understanding (MOU) with SSI Digital (SSID), a subsidiary of Vietnamese securities firm SSI, to provide digital asset trading services in Vietnam. This strategic partnership, signed in March of this year, focuses on jointly establishing and operating a digital asset exchange. SSID primarily invests in blockchain and AI startups. Furthermore, Bithumb recently postponed its IPO plans to 2028, originally scheduled for the second half of 2025. Earlier this year, the exchange suffered a human error when an employee mistakenly distributed 620,000 Bitcoins to customers, sparking criticism and scrutiny regarding its apparent inadequacy in internal risk management.

According to Gate data, the Nikkei 225 index closed up 3320.72 points, or 5.58%, at 62833.84 points on Thursday, May 7, setting a new all-time high. The South Korean KOSPI index closed up 105.48 points, or 1.43%, at 7490.04 points on Thursday, May 7.

According to Huoxun Finance, market sources indicate that a wallet associated with Matrixport deposited 403,290 HYPE tokens, worth $173 million, into HyperLiquid. Simultaneously, it sold 100,000 HYPE tokens at $42.38 per coin, receiving 4.238 million USDC. The wallet currently holds 303,290 HYPE tokens, worth approximately $13 million, and may continue to sell its remaining holdings.