Almost 100,000 liquidations! A double whammy for longs and shorts, and the market is back in ‘harvest mode’⚠️ According to reports, the total liquidation across the network in the past 24 hours reached $195 million, with long positions liquidating $103 million and shorts liquidating $91.84 million. The market is once again experiencing a double kill action. In terms of BTC, long positions were liquidated for $11.9 million and shorts for $26.47 million; for ETH, longs faced $15.27 million in liquidations while shorts saw $11.21 million. 📊 Even more astonishing, within just one day, a total of 96,758 individuals were forcibly liquidated. This indicates that the current market is extremely volatile, and whether you’re chasing pumps or dumps, the market is definitely schooling some folks. 👀 Meanwhile, the largest single liquidation occurred on the BTCUSDT pair, amounting to a staggering $1.93 million. From the data, it’s clear that the market is entering a high volatility, high-stakes phase. Misjudging direction is indeed risky, but being over-leveraged is equally deadly. ⚖️ Many traders fixate on profits, but the ones who truly survive are the ones who prioritize risk first. The market continues to move, and the reaper never clocks out. 🔥
Galaxy's Latest Insight: Bitcoin May Still Not Have Found Its Bottom! $40,000 Could Be Key Support, True Bottom Might Have to Wait Until Late 2026
Recently, Galaxy Research dropped their latest market analysis, taking a deep dive into Bitcoin's current cycle position. The report suggests that even though Bitcoin has seen a significant pullback, based on historical cycles, on-chain data, and key valuation metrics, the market might not have fully completed its bottoming process yet. Galaxy anticipates that in the most likely scenario, Bitcoin's future bear market bottom could land in the $40,000 to $46,000 range, and in a scenario of extreme panic sell-off, prices could even dip further to the $30,000 to $37,000 zone.
《What Really Got Me Started Making Money Was Learning to Let Go》 I used to be really scared of missing out on market movements. When I saw a coin pump, I was afraid of missing my chance, and it hurt to see others making profits. So, I often couldn't help but FOMO in. But many times, right after I bought in, the market would start to retrace. Eventually, I realized that most of my losses came from trades I shouldn't have made. So, I began to learn to let go. Let go of chasing highs, let go of impulsive moves, let go of those charts I didn’t understand. I kept my position size within reasonable limits and set my stop losses ahead of time. I traded with the trend and didn’t fight the market. I waited for opportunities to accumulate at lower prices and didn’t rush into positions. I filtered out pumps that didn’t match volume and price. If I faced consecutive losses, I stopped to reassess. When my emotions were unstable, I never opened a position. After sticking to these rules for a while, I noticed my account was becoming increasingly stable. Because trading isn’t about who takes the most shots; it’s about who makes fewer mistakes. The market is never short on opportunities, but it’s severely lacking in patience. As long as I can keep myself in check, I’m already ahead of many. Now, I increasingly believe in this saying: Making big bucks relies on market moves, but making consistent profits relies on discipline. Protect your principal, control your rhythm, and leave the rest to time.
Is the Middle East heating up again? Israel warns of potential action against Hezbollah⚠️ According to reports, the Israeli military has indicated that due to Hezbollah's alleged violations of the ceasefire agreement, Israel may have to take further military action. In simple terms, the ceasefire agreement still exists on paper, but the tensions between both sides haven't truly eased.📊 The Israeli military believes the related actions have breached the ceasefire framework, thus sending out stronger signals. For the market, the biggest impact from geopolitical conflicts often doesn't come from the news itself, but from whether it will trigger a broader escalation.👀 If the situation in the Middle East deteriorates further, assets like crude oil and gold, which are seen as safe havens, are usually the first to show volatility, and the crypto market might also feel the ripple effects of risk sentiment.⚖️ As it stands, the market's focus isn't whether the ceasefire exists anymore, but rather how long this ceasefire agreement can hold up. The geopolitical risk fire, seems far from extinguished.🔥
The 1353-point short position wrapped up smoothly. The clearest risk in the market isn't a volume-driven drop, but rather the inability to rally after a surge in volume. When sentiment starts to get overextended, opportunities often appear on the other side. Exiting isn't the end; it's just a change in rhythm. The next move (cooking the page) is being generated 🀄 $SIREN $SLX $JST
The largest USDC transfer in history just went down! A whopping $4 billion stablecoin hit the blockchain in one shot! 🔥 Reports show that Circle just completed a massive $4 billion USDC transfer, routing the funds to Coinbase within the Hyperliquid ecosystem. This not only sets a new record for USDC, but it also stands as one of the largest single USDC transfer events on record. 📊 What does $4 billion even mean? For many mid-sized projects, that's more than their entire market cap. This capital shift is almost like a "stablecoin-level migration." 👀 While USDC's overall circulation still lags behind USDT, both remain the absolute power players in the current stablecoin market. From a market perspective, such a massive capital movement usually sparks interest in liquidity deployment, institutional fund arrangements, and subsequent ecosystem actions. ⚖️ Stablecoins have always been referred to as the "ammunition depot" of the crypto market, so when $4 billion starts to move, the market can only focus on one burning question: Where's this money headed next? 🔥#USDC✅
Is the World Cup becoming a scam "harvesting ground"? On-chain funding cross-chain money laundering paths exposed ⚠️ According to TRM Labs, three active crypto scam projects targeting World Cup fans have been identified, including two fake ticketing sites and one bogus betting site. These platforms were set up well in advance of the event, ready to cash in on the traffic explosion. 📊 More critically, these scams aren't just last-minute schemes; they are classic examples of the "infrastructure pre-positioning" model: build the websites and payment channels first, then wait for the demand surge from the event to reap the rewards. TRM's further tracing of the funds revealed that in the ticket scam, user funds entered through the Polygon network and were quickly transferred to the Tron chain; meanwhile, the betting scam funds went directly into the deposit addresses of custodial exchanges, facilitating rapid withdrawals and splits. 👀 Additionally, these funding paths are not isolated; TRM has linked related addresses to multiple reports on Chainabuse, showcasing the cross-platform collaborative nature of the scam network. What's even more alarming is that over $1.9 billion in scam funds have been moved through a similar "cross-chain bridge + multi-network circulation" method. Essentially, these attacks are no longer single-point scams, but rather a systematic transport of on-chain capital. ⚖️ During the window period where events, trends, and traffic overlap, scamming is turning into a "traffic arbitrage industry." 🔥
Is the AI model being urgently cut off worldwide? The U.S. government takes action, and Anthropic shuts down access directly⚠️ Reports indicate that the U.S. government has requested Anthropic to suspend overseas user access to its Mythos Fable 5 AI model, citing national security risks. Following this, Anthropic has implemented restrictions, cutting off global user access.📊 In simple terms, this is not a 'local blockade', but a full-scale global shutdown.👀 The signal released by this incident is very clear: AI models are transitioning from ordinary tech products to strategic infrastructure. Once security boundaries are crossed, regulators can directly decide whether "the world can use it or not".⚖️ In other words, AI competition is no longer just about computing power and model capability, but also layered with geopolitical rules and access control. The future of the AI industry may not just be about "who's stronger", but rather "who has the power to make it disappear".🔥#AI
AMD's Lisa Su: AI is Powerful, But It’s Not 'Accountable' ⚠️ At the MIT graduation ceremony, AMD CEO Lisa Su provided a level-headed take on the current GenAI hype: AI is capable, but it doesn’t equal 'decision-maker'. In simple terms, AI can handle data, but it can't judge which issues are worth solving. 📊 She pointed out that AI, when lacking data or with incomplete information, cannot make tough calls like humans do, nor can it take responsibility for the end results. This is one of the key boundary issues for generative AI today. 👀 In reality, AI is increasingly resembling a 'super tool', yet it’s not a 'responsible entity'. It can boost efficiency and expand capability boundaries, but it cannot replace judgment, choice, and accountability. In other words, the more AI capabilities grow, the more humans need to define 'goals' and 'boundaries'. ⚖️ In this wave of AI, the real division of labor may be evolving into: AI executes, humans decide. 🔥
Iran Situation Heating Up? Analysts Say It's More of an Info War than Actual Progress on Agreements ⚠️ According to reports, defense analyst and former foreign minister Fughani Puste stated that Trump's claim of "reaching an agreement with Iran in a few days" shouldn't be taken literally; it's more of an info war expression rather than actual diplomatic progress. In simple terms, this kind of statement is more about "sending signals" than announcing results. 📊 He pointed out that these remarks may target three groups simultaneously: First, domestic political supporters, to reinforce a hardline stance; Second, international financial markets, to influence stock and oil price expectations; Third, the Iranian side, to create psychological and negotiation pressure. 👀 From a strategic standpoint, this method of information release is essentially "expectation management," increasing the game pressure on opponents through military and sanction-related statements. The market often reacts to these signals in advance, leading to short-term volatility in risk assets and oil prices. ⚖️ In other words, the real focus isn't necessarily on whether an agreement is reached immediately, but on how all parties leverage the information itself in the game. In geopolitical conflicts, language itself has become part of the trading game. 🔥
Ionet Reconstructs Token Model: Profits Directly Tied to Burn Mechanism🔥 According to reports, @ionet has revamped its tokenomics around the "Incentive Dynamic Engine (IDE)" and will officially launch in June 2026. The core change is straightforward: token issuance and burning are now strongly linked to real network revenue.📊 In simple terms, previously it was about "issuing as many tokens as needed to stimulate growth", now it’s about "how much money we make determines how many tokens are issued". The IDE mechanism will first use token issuance to pay suppliers a stable dollar income target; if network revenue is insufficient, inflation will subsidize it; however, when income grows, the system will prioritize using real revenue to cover costs, reducing reliance on new issuance.👀 Additionally, this mechanism introduces a burn logic, allowing a portion of profits to be used to buy back tokens under certain conditions. This means: Supply is no longer a one-way street but dynamically linked to the network's profitability. For the DePIN sector, this design essentially tries to address a core question—"Does the token really have fundamental support?"⚖️ If network revenue continues to grow, token inflation may be gradually suppressed, potentially leading to a net contraction structure. Conversely, if revenue is insufficient, inflation will still exist as a short-term incentive tool. Overall, Io.net is pushing tokens from being "incentive tools" to becoming "cash flow mapping assets".🔥
When I tried to understand the market through code logic, my account started throwing errors.
A lot of retail traders' issues aren't about not knowing how to trade; it's that they trust too much in the belief that 'logic can explain everything.' This is especially true for coders—they get used to a world that's controllable, predictable, and debuggable, but the market isn't like that. I used to work as a freelance programmer, taking on random projects from my cramped apartment. During the day I’d write requirements, and at night I’d fix bugs—essentially trading my time for money. Later, I took on a freelance development project in the blockchain space, and that was my first real dive into this industry. That's when I started researching crypto. My first big win in crypto came from slowly stacking up 500k through freelancing and side gigs. Honestly, back then my perception of money was still tied to 'project fee settlements.' Then the DeFi boom hit, and I managed to catch a bit of the wave, turning that 500k into 3.5 million. During that period, everything was running smoothly, and I even started to feel like 'on-chain logic = trading logic.'
Is AI giving hackers an unfair advantage? Crypto security is entering a vulnerability explosion period ⚠️ According to detection, Immunefi CEO Mitchell Amador states that cutting-edge AI models are triggering a 'vulnerability disaster', giving attackers in the crypto space a significant edge, and the security landscape is rapidly shifting. Simply put, previously, finding vulnerabilities relied on human effort, but now AI can generate attack vectors in bulk, dramatically increasing attack efficiency. 📊 This means that attack costs are decreasing, while defense complexity continues to rise. 👀 He believes this asymmetric advantage in offense and defense won't vanish quickly, and the industry may need 3 to 4 years to gradually restore balance. During this time, hackers will significantly enhance their capabilities for vulnerability scanning, code analysis, and even automated attacks using AI, while project teams will need to simultaneously upgrade their auditing and defense systems. ⚖️ Essentially, this is no longer just a 'code security issue'; it's entered an AI-driven offense and defense confrontation stage. In the future, whoever can defend against AI with AI faster will likely hold the true security initiative. 🔥#altcoins
Is SOL facing selling pressure again? FTX/Alameda just unlocked 200,000 SOL⚠️ According to on-chain analysis, FTX/Alameda related addresses have hit another unlock milestone for SOL staking today. 5 hours ago, this address redeemed 200,000 SOL from staking, worth about $13.01 million, and has since dispersed them into multiple addresses. The market generally expects these tokens to gradually flow into circulation.📊 Notably, since November 2023, FTX/Alameda has redeemed and transferred a total of 10.75 million SOL through similar methods, with a total value of about $1.407 billion, at an average transfer price of around $130.9. In other words, the market has been continuously digesting this portion of historical leftover tokens for more than a year.👀 However, the good news is, with ongoing unlocks and transfers, the remaining SOL waiting to be released has clearly decreased. Data shows that, FTX/Alameda's staking address still has 2.985 million SOL staked, worth approximately $200 million at current prices.⚖️ For SOL holders, it's crucial to keep an eye on the actual flow of these unlocked tokens going forward. Because in the short term, unlocks mean potential selling pressure; but in the long term, once the historical baggage is gradually digested by the market, the "Sword of Damocles" weighing down SOL will also become lighter.🔥#solana
NVIDIA Resumes Offensive in the Chinese AI Market! Vera Processor Expected to Launch in August, Chinese Clients Can Pre-order
On June 12, according to Reuters citing multiple insiders, global AI chip leader NVIDIA has notified Chinese clients that the new generation 'Vera' CPU, specifically designed for AI data centers, is expected to officially launch as early as August this year. Currently, some clients can already place pre-orders to prepare for the product rollout. This news quickly sparked market interest. The reason being, as the U.S. continues to tighten export restrictions on high-performance AI chips, NVIDIA has faced significant pressure in the Chinese market over the past year, with several flagship AI products unable to be supplied to Chinese clients. Now, the launch of Vera is seen as a crucial step for NVIDIA to re-enter the Chinese AI infrastructure market.
Is the prediction market about to change? Regulators reiterate: Don't think you can bypass the law just because it's on-chain⚠️ According to reports, former SEC and CFTC chair Gary Gensler recently stated that no matter how innovative or booming the prediction market gets, it cannot override the existing legal framework. He emphasized that prediction markets can indeed provide new mechanisms for information discovery and market insights, but that doesn't mean you can sidestep the regulatory requirements in various regions.📊 Simply put, the rules are still the rules, innovation does not equal exemption. Whether it's predicting sports events, political happenings, or economic data, as long as it involves market operations and capital transactions, you must comply with local legal frameworks.👀 This statement sends a very clear signal: As the prediction market scales up, regulators are ramping up their scrutiny. The future competition in the industry is not just about users and traffic, but also about who can establish compliance first.⚖️ For the entire crypto market, compliance is shifting from a bonus to a ticket to entry. As more capital and institutions enter this space, the regulatory boundaries will become increasingly clear.🔥
Is the biggest IPO in history about to drop? SpaceX is aiming for a valuation of $1.8 trillion! 🔥 Reports indicate that SpaceX is gearing up for a mega IPO that could shatter historical records, with an expected price per share of around $135, targeting a company valuation of at least $1.8 trillion. If they successfully go public, SpaceX could quickly join the ranks of the highest-valued publicly traded companies in the world. 📊 Currently, SpaceX has about 13 billion shares outstanding, and such a volume means that once it hits the capital markets, its influence will far exceed that of typical tech firms. The bullish side of the market believes that SpaceX boasts a world-leading aerospace business, while Starlink continues to generate strong cash flow, leaving plenty of room for future growth. 👀 However, some investors are taking a more cautious stance. They argue that the current valuation seems to have already priced in a lot of optimistic expectations, and whether it can maintain rapid growth moving forward remains to be seen. ⚖️ For the market, this isn't just any regular IPO; it's a super bet on future technology, commercial space travel, and the global communications landscape. Once the valuation soars into the trillion-dollar range, it's not just about current performance—it's about the visionary growth potential over the next decade or even longer. 🚀
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