According to Huoxun Finance, Coinglass data shows that if the price of Ethereum breaks through $2,284, the cumulative short liquidation intensity on major centralized exchanges will reach $961 million; if ETH falls below $2,077, the cumulative long liquidation intensity on major CEXs will reach $742 million.

According to Huoxun Finance, Coinglass data shows that if Bitcoin breaks through $81,818, the cumulative short liquidation intensity on major centralized exchanges will reach $1.284 billion; if Bitcoin falls below $74,618, the cumulative long liquidation intensity on major centralized exchanges will reach $1.163 billion.

According to Huoxun Finance, police in Linyi, Shandong Province, recently dismantled a telecom fraud gang targeting minors. They seized approximately 140,000 yuan in illegal proceeds and 20,000 yuan in virtual currency at the scene. Preliminary investigations indicate that the gang had committed over 200 fraud cases nationwide, involving a substantial amount of money. The gang used the lure of "free game skins and equipment" to induce minors to use their parents' mobile phones and remotely control the victims' devices through screen sharing to commit fraudulent transfers. The stolen money was then laundered in batches through phone bills, electricity bills, and property management fees. The upstream telecom fraud platform used virtual currency for fund settlement, with the suspects taking approximately 20% of the defrauded amount as a commission. It is reported that the gang leader had traveled to a fraud-related industrial park in Myanmar and possessed strong counter-surveillance experience. The case is still under further investigation.

According to a report by The Hill, U.S. Energy Secretary Frank Wright stated on Friday that the Strait of Hormuz will reopen "at the latest sometime this summer." Wright said the U.S. "continues to expand U.S. natural gas exports," adding 2.5 billion cubic feet of daily natural gas export capacity despite the loss of 10 billion cubic feet of natural gas transport capacity per day due to the Strait of Hormuz closure. "Shipping in the Strait of Hormuz will resume as soon as possible, but at the latest this summer," Wright said, adding that an agreement could be reached as early as "the next few days." Wright stated that if Iran "continues to hold the global economy hostage," the U.S. military will "force the reopening of the Strait of Hormuz, but this is not an easy thing to do." He added, "We have taken preliminary steps, but a better way is to reach an agreement rather than use military force." (Jin Shi)

According to Odaily Planet Daily, a whale sold 213,419 HYPE tokens at an average price of $41.84, earning $8.93 million and a profit of $2.8 million. Over the past two months, the whale purchased 467,188 HYPE tokens at an average price of $35.59, spending $16.63 million, and currently still holds 253,769 HYPE tokens, worth approximately $10.5 million.