In the past hour, total liquidations across the network reached $14.86 million, with $1.39 million from long positions, with $13.47 million from short positions. BTC liquidation $1.97 million, ETH liquidation $566,239.66.

According to Onchain Lens monitoring, a whale withdrew 1,723.39 BTC from OKX in the past 24 hours, worth $105.58 million.

According to crypto analyst EmberCN, Binance Life-related addresses continued to accumulate tokens in the past 24 hours. Specifically, on-chain buy addresses purchased a total of 8.62 million Binance Life tokens, worth approximately $6.33 million; another CEX withdrawal address withdrew 5.666 million Binance Life tokens from Binance eight hours ago, worth approximately $4.07 million. Driven by this continued buying, Binance Life rose approximately 15% in the past 24 hours. Data shows that since June 1st, the aforementioned addresses have cumulatively purchased 56.887 million Binance Life tokens, with a total value of approximately $39.1 million, at an average purchase price of approximately $0.687.

the total open interest amounted to $67470866298.45797, with BTC at $31.57 billion, ETH at $17.52 billion, XRP at $2.72 billion, LTC at $1.98 billion, ETC at $1.29 billion, DASH at $668.53 million, IOTA at $593.76 million, XMR at $545.89 million, QTUM at $425.87 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

According to Huoxun Finance, the cryptocurrency market suffered a severe blow this week, with Bitcoin falling 17.3% and Ethereum dropping 22%, both marking their largest weekly declines since November 2022. The digital asset market capitalization evaporated by approximately $390 billion this week, hovering around $2 trillion, less than half of its peak of nearly $4.2 trillion in October. The total liquidation of leveraged positions in digital assets this week amounted to approximately $7 billion, of which $5.7 billion were long positions. The decline was caused by a confluence of negative factors: Strategy sold 32 Bitcoins for the first time in nearly four years, raising concerns among investors about potential future sell-offs to repay debts; Bitcoin ETF assets continued to shrink, with some funds flowing into AI investments; researchers discovered a key vulnerability in the Zcash privacy system using Anthropic's latest AI model, causing its price to plummet by over 40%; a stronger-than-expected US jobs report boosted expectations of a Federal Reserve rate hike, causing US Treasury yields to surge, and the Nasdaq 100 index recorded its worst single-day performance since the tariff sell-off in April 2025, ending its previous record-breaking rally.