In the past hour, total liquidations across the network reached $11.60 million, with $985,701.86 from long positions, with $10.62 million from short positions. BTC liquidation $5.82 million, ETH liquidation $2.86 million.

According to the Financial Times, mediators say the US and Iran are close to reaching an agreement to extend the ceasefire for another 60 days. Furthermore, Saudi media outlet Alhadath revealed that Iran has proposed maintaining its uranium enrichment level below 3.6% for 10 years and has proposed reducing domestic uranium enrichment by more than 20%. Iran confirmed it will commit to not developing nuclear weapons in the memorandum of understanding and demanded that it retain limited uranium enrichment rights in any agreement. (Jinshi)

According to Huoxun Finance, media reports allege that Binance processed approximately $850 million in transactions related to a financial network linked to Iranian sanctions over two years, ultimately flowing to the Iranian Islamic Revolutionary Guard Corps. Binance CEO Richard Teng denied the reports, calling them "completely inaccurate," emphasizing that the platform does not allow transactions by sanctioned entities and that the suspicious activity occurred before the entities were sanctioned by the United States. The reports mention Iranian businessman Babak Zanjani as a key figure, with his related companies and accounts allegedly operating through the same device, forming a secret payment network on the Binance platform. The reports also claim that Binance's internal compliance system detected unusual access from Tehran in late 2024, triggering multiple risk control alerts, but the relevant accounts were not closed in time. Furthermore, the reports allege that the Central Bank of Iran and related entities also conducted fund transfers through Binance between 2024 and 2025, including approximately $107 million and other cross-border crypto transactions. Binance reiterated that its compliance system is "industry-leading," stating that it has continued to strengthen its risk control mechanisms since pleading guilty and paying a $4.3 billion settlement in 2023. It has filed a defamation lawsuit against the media regarding related reports and denied that the U.S. Department of Justice is investigating it in this matter.

According to Odaily Planet Daily, Hyperliquid has recently significantly outperformed the overall market. Its token, HYPE, hit an all-time high after the launch of two related ETFs in the US. Meanwhile, European traders are accelerating their migration to this platform due to restrictions on access to perpetual contracts on regulated platforms. Market analyst Michael van de Poppe stated that with Hyperliquid's continued rise and renewed attention on AI-related crypto projects, the altcoin market is showing signs of a recovery in risk appetite. Hyperliquid's expansion into tokenized stocks, commodities, and pre-IPO assets is strengthening the trend of on-chain asset tokenization. He added that with continued improvement in market sentiment, the price of HYPE could potentially reach $100 or even higher. However, Michael van de Poppe also emphasized that while Hyperliquid has a short-term advantage, Solana offers greater long-term investment certainty and is transforming from a "speculative ecosystem" into institutional-grade infrastructure. Regarding the AI sector, he pointed out that NEAR Protocol and Bittensor are still significantly undervalued, believing their fundamental growth is disconnected from their valuations. NEAR's revenue growth potential and Bittensor's sub-network expansion may support a higher valuation range. Furthermore, he stated that the privacy sector will continue to have long-term demand, but fully anonymous systems face regulatory pressure, and the future is more likely to be dominated by zero-knowledge proofs and compliant privacy solutions. On a macro level, Michael van de Poppe pointed out that bond yields and central bank policies remain the core drivers of the crypto market, with changes in Japanese government bond yields potentially becoming a key indicator. (CoinDesk)

According to Odaily Planet Daily, "Lana," a whale ranked 19th on Binance Futures' 90-day live trading profit list, closed a long NEARUSDT perpetual contract at an average price of 2.1728 USDT, with a total value of 19,396.46 USDT. Currently, the overall position is showing a floating loss of $19,000. This whale also holds: a 5x leveraged GENIUS long position with a floating profit of 5,236.42 USDT (102.92% return); a 2x and 10x leveraged Trump long position with a floating loss of 39,782.6 USDT (-321.82% return); and a 3x and 4x leveraged Binance Life long position with a floating profit of 63,454.79 USDT (335.13% return).