In the past hour, total liquidations across the network reached $11.69 million, with $1.06 million from long positions, with $10.63 million from short positions. BTC liquidation $5.74 million, ETH liquidation $1.50 million.

According to data from Hyperbot, as reported by Odaily Planet Daily, Brother Machi continues to bet on long positions, with ETH long positions increasing to $23.29 million and BTC long positions increasing to $14.53 million. Both are currently far from being liquidated.

According to Huoxun Finance, market data monitoring showed that 39 million USDT was transferred from an unknown wallet to Binance at 19:03 on May 1st.

According to Huoxun Finance, Bitcoin (BTC) saw a slight increase on Friday, rising approximately 1.25% from midnight UTC to around $77,250. However, it has remained within the $75,000 to $80,000 range since April 19th. In the futures market, funding rates were mostly negative, indicating that traders still prefer to short at higher prices. Bitcoin futures open interest was approximately $19 billion, roughly unchanged from the previous week, with a 3-month annualized basis of 1.5%. The options market saw relatively strong bullish sentiment, with call options accounting for 58% of trading volume in the past 24 hours, indicating a weakening demand for downside protection.

According to Huoxun Finance, Japanese financial giant SBI Holdings is in talks to acquire a stake in cryptocurrency exchange Bitbank, planning to convert it into a merged subsidiary. SBI Chairman and President Yoshitaka Kitao stated that the company has submitted a letter of intent and initiated capital and business cooperation discussions with Bitbank. The specific acquisition timeline and structure will be finalized after due diligence and internal processes are completed. Bitbank is one of Japan's major domestic cryptocurrency exchanges, boasting a strong security advantage as it has remained free of hacker attacks since its founding in 2014. With cryptocurrency assets gradually being incorporated into Japan's Financial Instruments and Exchange Act, SBI believes that integrating Bitbank will strengthen its competitiveness in the Japanese cryptocurrency market. Currently, SBI is continuously integrating its cryptocurrency exchange SBI VC Trade, having already merged another platform, Bitpoint Japan, into the division last month to optimize operations and improve profitability. Earlier this week, Bitbank launched Japan's first cryptocurrency-linked credit card, allowing users to pay bills with assets such as Bitcoin based on their exchange holdings and receive a 0.5% cashback on cryptocurrency spending.