In the past hour, total liquidations across the network reached $30.54 million, with $24.06 million from long positions, with $6.48 million from short positions. BTC liquidation $15.14 million, ETH liquidation $5.83 million.

According to Odaily Planet Daily, citing US media reports, US job growth in May exceeded all economists' expectations, while the unemployment rate remained stable, further indicating that the labor market may be emerging from a prolonged period of weak hiring. Data released by the US Bureau of Labor Statistics on Friday showed that non-farm payrolls increased by 172,000 in May, with the figures for the previous two months revised upwards. This brings the job growth over the past three months to its strongest level in more than two years. The report indicates that despite recent energy price increases causing consumer confidence to plummet to historic lows, the US labor market is strengthening again after job growth nearly stalled last year. This data may further increase pressure on the Federal Reserve to consider raising interest rates to curb inflation. Following the data release, US Treasury bonds experienced a sell-off, with the two-year Treasury yield rising more than 7 basis points to 4.1%. The interest rate swap market shows that the market has increased its expectations for a Fed rate hike, and the market is now almost fully pricing in the possibility of a 25 basis point rate hike before the end of the year. (Jinshi)

According to Odaily Planet Daily, citing US media reports, US job growth in May exceeded all economists' expectations, while the unemployment rate remained stable, further indicating that the labor market may be emerging from a prolonged period of weak hiring. Data released by the US Bureau of Labor Statistics on Friday showed that non-farm payrolls increased by 172,000 in May, with the figures for the previous two months revised upwards. This brings the job growth over the past three months to its strongest level in more than two years. The report indicates that despite recent energy price increases causing consumer confidence to plummet to historic lows, the US labor market is strengthening again after job growth nearly stalled last year. This data may further increase pressure on the Federal Reserve to consider raising interest rates to curb inflation. Following the data release, US Treasury bonds experienced a sell-off, with the two-year Treasury yield rising more than 7 basis points to 4.1%. The interest rate swap market shows that the market has increased its expectations for a Fed rate hike, and the market is now almost fully pricing in the possibility of a 25 basis point rate hike before the end of the year. (Jinshi)

According to Odaily Planet Daily, on-chain analyst Yu Jin reported that Wang Chun (@satofishi (0xF42...b51), co-founder of F2Pool, withdrew 9,719 ETH from Binance, worth $16.16 million, half an hour ago, and then deposited it into Spark.

According to Odaily Planet Daily, based on monitoring by on-chain analyst Yu Jin, 20 minutes ago, a whale borrowed another 32 million USDT to leverage and buy 18,994.5 ETH. Today, it has borrowed a total of 76.42 million USDT from Aave to purchase 44,845 ETH at an average price of $1704.