According to CoinGlass data, the total amount liquidated in the cryptocurrency market in the past 24 hours reached $185 million, with long positions liquidated at $104 million and short positions at $81.51 million. The liquidation amount for BTC was $14.4255 million, while ETH saw $10.093 million liquidated. A total of 99,824 individuals were liquidated in the past 24 hours, with the largest single liquidation occurring on Binance's BTC-USDT trading pair, valued at $4.7486 million.
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Over $185 Million Liquidated in Cryptocurrency Market in 24 Hours
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BTC Surpasses $78,000
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Latest Progress on DeFi United Ecological Rescue Initiative: Over 100,000 ETH Raised at Designated Donation Address
On April 26, the DeFi United ecological rescue initiative, led by Aave, continues to advance. The Arbitrum DAO has released 30,765 ETH that was frozen after the rsETH incident on April 18. Currently, the designated donation address has raised a total of 100,360 ETH to address the collateral asset gap caused by the rsETH incident. The plan aims to restore the backing assets of rsETH through multi-party collaboration, stabilize the market, and prevent the spread of bad debts across protocols. The funds will be used to support the restoration of collateral rates and to gradually normalize the market in conjunction with relevant protocols. Key contributors or participants currently include: Arbitrum DAO releasing 30,765 ETH frozen after the rsETH incident, Mantle proposing to contribute 30,000 ETH, Aave DAO proposing to contribute 25,000 ETH, Aave founder Stani Kulechov confirming a contribution of 5,000 ETH, EtherFi proposing to provide 5,000 ETH, Lido proposing to provide 2,500 stETH, and the Golem Foundation and related projects contributing a total of 1,000 ETH, among others. Additionally, LayerZero, Ethena, Frax Finance, and Ink Foundation have also confirmed their participation, although the specific amounts have not yet been disclosed. It is important to note that the progress of this rescue initiative still relies on several external key conditions, including KelpDAO's restoration of rsETH redemptions and the Arbitrum Security Council's release of frozen assets, resulting in uncertainty regarding the overall recovery time and effectiveness. -
Trump Evacuated from White House Correspondents' Dinner Due to Security Incident
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Shooting Incident at White House Correspondents' Dinner; Gunman Dead
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On April 26, CoinDesk reported, citing attendees at a Trump cryptocurrency event, that Trump stated he would not allow banks to undermine cryptocurrency market legislation. -
Iranian Officials to Depart Pakistan Without Meeting U.S. Representatives
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Foreign Media: Second Round of Iran-U.S. Talks Scheduled for April 27
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On April 25, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament member Behnam Saidi stated that Iran has developed a comprehensive plan for managing the Strait of Hormuz. In an interview with Mehr News Agency, Saidi mentioned that an important aspect of this plan is the exclusive recognition of the name 'Persian Gulf' in all correspondence and commercial documents, rejecting any other names. Vessels and ships navigating in the region must obtain permission from Iran. Sovereignty over the Strait of Hormuz will be entirely under Iran's control. He also stated that vessels identified as hostile by the Supreme National Security Council or the General Staff of the Armed Forces of Iran are not allowed to pass through the Strait of Hormuz, and Israeli vessels are absolutely prohibited from entering the area. Ships passing through the region must pay relevant fees concerning safety, environmental protection, shipping management, and licensing, with priority given to payments in rials. -
DeepSeek Plans to Raise $1.8 Billion with a Valuation of Approximately $20 Billion
Sources reveal that the main reason for DeepSeek's current fundraising effort is the significant recent talent loss. Several core researchers have left the company to join ByteDance, Tencent, Xiaomi, and autonomous driving company Yuanrong Qihang. Meanwhile, competitors Zhiyu Technology and MiniMax have listed on the Hong Kong Stock Exchange, and the company Dark Side of the Moon has completed three rounds of financing in the first three months of this year, with a valuation more than quadrupling since the end of last year.
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