The 'main explosive short order' has sold out $10.06 million across the entire network in the past 1 hour, with short orders selling out $9.48 million

According to BlockBeats, on June 7th, the monthly transaction volume of Hyperliquid's perpetual contracts reached a historic high, with May's perpetual contract transaction volume exceeding $248 billion, a month on month increase of 51.5%. In contrast, the perpetual contract trading volume facilitated by Hyperliquid in May 2024 was only $26.3 billion, a year-on-year increase of 843%. 、 In addition, the ratio of monthly contract trading volume between Hyperliquid and centralized trading platform Binance has reached a historic high of 10.54%, surpassing the historical high of 9.76% in April.

According to Cointelegraph, ETF issuers VanEck, 21Shares, and Canary Capital have sent a letter to the US SEC urging the restoration of the "first come, first served" principle and approval of ETF applications in the order they are submitted to regulatory agencies. These companies argue that the SEC's failure to comply with the "first to file principle" (i.e. the default application approval process before the listing of cryptocurrency ETFs) has weakened healthy competition and hindered financial innovation.

According to BlockBeats, on June 7th, according to Lookonchain monitoring, a total of 95.36 million ENAs worth approximately $28.4 million have been deposited into Binance by six wallet addresses in the past 20 hours, all of which were received from the Ethena Proxy wallet.

Jeff Dorman, Chief Investment Officer of Arca, tweeted that Arca has sold all of its Circle (CRCL) shares. Previously, Arca criticized Circle's IPO placement for being too low and stated that it will switch to USDT.

Odaily Planet Daily News: On June 7th, the US House Financial Services Committee held a "Minority Day" hearing under the push of Democrats to supplement the review of the Clarity Act for the Digital Asset Market. Several Democratic lawmakers once again questioned at the meeting that former President Trump's involvement in the cryptocurrency field may constitute a conflict of interest. Representative Maxine Waters stated that the bill may be used by Trump for personal gain and pointed out that he has been involved in cryptocurrency investments multiple times during his presidency. At the same time, legal experts have expressed concerns about the regulatory exemptions, potential loopholes, and cybersecurity risks in the bill. The Republican Party emphasizes that there is currently a lack of federal regulatory framework for non securities digital assets in the United States, and believes that the bill will help fill regulatory gaps. The bill is expected to enter the voting process next week. （CoinDesk）