Coinbase adds ETH-backed loans via Morpho, letting users borrow up to $1 million

The current total market value of cryptocurrencies is $3.15 trillion, with a 24-hour evaporation of $45.603 billion, a decrease of 1.43%. Among them, Bitcoin accounts for 55.76% of the market value, while Ethereum accounts for 11.13% of the market value.

A proposal called "Bitcoin for America" suggests allowing US citizens to use Bitcoin to pay taxes, and the collected taxes will be deposited into a reserve fund. （Decrypt）

[Brother Machi has been liquidated 145 times since the '1011 crash'] According to Lookonchai monitoring, Brother Machi has been liquidated a total of 145 times since the '1011 crash,' with partial liquidations occurring again recently.

On chain data shows that Machi's ETH 25 times leveraged long position has been partially liquidated again due to market downturns, with cumulative losses exceeding $20 million. （Onchain Lens）

The address 0x4ed0 purchased 18447 ETH ($81.5 million, average $4417) and 1560 WBTC ($182 million, average $116632) through revolving lending, but lost over $68 million within 3 months. In the past three days, the address sold all 185018 ETH (56.41 million US dollars) at an average price of 3046 US dollars to repay debts, resulting in a loss of over 25 million US dollars. Currently holding 1560 WBTCs worth $138.56 million, with a floating loss of over $43 million. （Lookonchain）