The current price of ETH is $2474.36, with an increase of 0.40% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.44 million US dollars, with the main liquidation being short orders and ETH liquidation being 4.22 million US dollars (40.44%). The data is for reference only.

According to official sources, StormX, Inc. announced today that it has voluntarily filed for bankruptcy protection under Chapter 7 of the U.S. Bankruptcy Code. Creditors who believe they have a claim against StormX, Inc. must submit proof of their claim, detailing the amount and basis of their claim. No debt agent has been designated in this case, therefore any proof of debt must be submitted through the court's website. In May, StormX revealed that it was supposed to merge with EarnM, but EarnM ultimately abandoned the deal. In July 2021, cryptocurrency rebate platform StormX received a $9 million financing led by Optimista Capital. It is reported that "Chapter 7 Bankruptcy" refers to the procedure in which a company that is unable to repay its debts can sell its assets to repay its creditors; The proceeds from the sale of assets are used to repay the company's debts. The company subsequently dissolved and ceased to exist.

Odaily Planet Daily News: Hong Kong Cyberport announced the launch of a blockchain and digital asset pilot funding program, aimed at promoting the development and testing of blockchain and Web3.0 applications. The program is currently open for application, with a deadline of August 1, 2025. Each eligible company can apply for up to three pilot projects, with a maximum funding of HKD 500000 per project. The main focus areas are RWA tokenization, payment and stablecoins, decentralized identity recognition, social innovation and digital experience, and decentralized artificial intelligence/machine learning.

According to Onchain Lens monitoring, the giant whale @ qwatio has once again encountered partial liquidation, which is the fourth time in 3 days. In this transaction, he has lost $6.65 million due to short positions in BTC (40 times leverage) and ETH (25 times leverage). Its assets went from a profit of $3.4 million to a loss of $8.7 million within 3 days.

According to Cryptoslate, CryptoQuant analyst Darkfost stated in a report on June 24th that Binance's monthly Bitcoin inflows have dropped to 5700 BTC, less than half of the average of 12000 BTC per month since 2020 and only 25% of the inflows during the FTX crisis at the end of 2022. In this cycle, each surge in large Bitcoin deposits corresponds to a local price peak, such as a net inflow of over 17000 coins when Bitcoin retreated from $69000 in August last year, and a net inflow of over 20000 coins when it exceeded six digits in March this year. Each surge indicates a short-term correction. Nowadays, the inflow of 5700 BTC occurs when Bitcoin is stable above $105000 and the volatility is close to the annual low. Darkfost believes that the contraction of this inflow indicates that the market is in a 'holding phase', where both individual traders and large investors choose to keep Bitcoin outside the exchange, thereby eliminating immediate selling pressure.