Bitcoin and Ethereum: Prices Further Drop Due to AI and Macroeconomic Concerns

A trader was liquidated 10 hours ago during a market rebound due to high leverage operations, resulting in a loss of over $3 million. At present, the trader has opened a 10x leverage short position again, involving 31698 ZECs worth approximately 19.26 million US dollars. （Lookonchain）

The White House is reviewing a policy that would allow the Internal Revenue Service (IRS) to access overseas cryptocurrency data of US citizens by joining a global data sharing agreement. （Cointelegraph）

[Hourglass Launches Second Phase of Stable Deposit Over-Refund] Hourglass announced on Platform X that the second phase of the Stable deposit activity over-refund has begun. Users can apply for refunds through the Merkl platform. In the second phase, the first $1,000 of each deposit is fully accepted, with 45% of the excess amount counted as deposits and the remaining 55% refunded. Previously, over 24,000 wallets had passed the initial screening in the second phase of the Stable deposit activity, with total deposits amounting to approximately $1.74 billion.

The Machi account has been cleared again, with only 35200 USDT remaining. Currently, the remaining funds have been fully leveraged to open multiple orders at 25 times, involving 368.89 ETH (approximately 1.11 million USD). The new clearing price is 2963.35 USD (Lookonchain).

Monitoring shows that in the past 9 hours, a certain account's ETH multiple orders were cleared 3442.44 times, resulting in a loss of 155000 US dollars. At present, the remaining holding value of the account is 1.106 million US dollars, and the liquidation price is 2963.35 US dollars. (Auntie Ai)