Cryptocurrency market: $800 million long position cleared in the past 24 hours

In the past hour, the total market clearing amount reached 132 million US dollars, with long positions cleared of 124 million US dollars and short positions cleared of 8.23 million US dollars. （Cointelegraph）

[USDC Treasury Newly Mints 850 Million USDC] According to Whale Alert monitoring, within the past hour, USDC Treasury has newly minted a total of 850 million USDC through four transactions.

[Bitcoin Bearish Whale's 20x Leveraged Short Position Gains Over $30 Million] According to Onchain Lens monitoring, after Bitcoin's price dropped below $85,000, the staunch bearish whale's 20x leveraged Bitcoin short position has gained over $30 million.

Strategy fell to the lowest since October, 2024, and ether and solana treasury plays including BitMine, Sharplink, Solana Company, Upexi tumbled nearly 10%.

In the past 24 hours, the cryptocurrency market has cleared long positions worth $800 million. （Watcher.Guru）