24-Hour Cryptocurrency Perpetual Futures Forced Liquidation Scale
The recent 24-hour cryptocurrency perpetual futures forced liquidation scale and liquidation ratio are as follows:
BTC Liquidation Scale: $111.61 million, Liquidation Ratio: Short 59.41%
ETH Liquidation Scale: $137.84 million, Liquidation Ratio: Long 64.35%
SOL Liquidation Scale: $36.07 million, Liquidation Ratio: Short 77.28%
BTC Spot ETF Switches to Net Outflow After 13 Trading Days
According to Trader T, $131.35 million (181.9 billion won) was net outflowed from the US Bitcoin spot ETF on the 21st (local time). This is a switch to net outflow after 13 trading days. Net outflows occurred from ARK Invest ARKB at $77.46 million, Grayscale GBTC at $36.75 million, Fidelity FBTC at $12.75 million, VanEck HODL at $2.48 million, and Bitwise BITB at $1.91 million.
ETH Spot ETF Sees 412.8 Billion Won Net Inflow
According to Trader T, $298.06 million (412.8 billion won) was net inflowed into the US Ethereum spot ETF on the 21st (local time). This marks the 12th consecutive day of net inflow. BlackRock ETHA received $102.70 million, Fidelity FETH received $126.93 million, Bitwise ETHW received $13.15 million, and Grayscale Mini ETH received $54.90 million. No ETFs recorded net outflows on this day.
Financial Authorities Plan to Introduce Regulations on Exchange Coin Lending Services
According to an exclusive report by Edaily, financial authorities plan to introduce stock market-level regulations on coin lending services provided by domestic virtual asset exchanges. Currently, Bithumb offers a service lending coins up to 400% of collateral value, while Upbit provides a service lending Bitcoin up to 80% of collateral. Financial authorities view this as essentially similar to short selling and are considering introducing regulations during the second-stage virtual asset legislation process.
Ethereum Whale Accumulates $117 Million in ETH Using Leverage
According to Amber CN, an anonymous Ethereum (ETH) whale address has accumulated 32,953 ETH at an average price of $3,552 over the past 5 days using a leverage strategy. This is worth approximately $117 million. The address currently holds a total of 56,000 ETH (worth $211 million).
Western Union Seeks to Introduce Stablecoins to Global Payment System
According to Bloomberg, money transfer and payment network company Western Union plans to introduce stablecoins to its global payment system. Western Union CEO Devin McGranahan stated, "We see stablecoins as an opportunity, not a threat. We are actively adjusting infrastructure and partnerships to introduce stablecoins to our global payment system."
K-Wave Accelerates Bitcoin Financial Strategy in Collaboration with Galaxy Digital
Nasdaq-listed Korean entertainment company K-Wave Media (KWM) announced a partnership with Galaxy Digital to accelerate its Bitcoin financial strategy. As part of the partnership, Galaxy Digital will serve as the asset manager and strategic advisor, and will invest in K-Wave. Previously, K-Wave Media announced a Bitcoin financial strategy, claiming to represent a Korean "strategy" and "meta-planet", and stated that it has secured $1 billion for Bitcoin purchases.
Hashd Set to Become Largest Shareholder of Crypto Custody Firm KODA
According to E-Today, domestic blockchain investment firm Hashd is expected to become the largest shareholder of virtual asset custody company 'KODA (Korea Digital Asset)'. At the 'Solana Media Day' hosted by the Solana Foundation and Hashd, KODA CEO Jo Jin-seok revealed that "Hashd is likely to become the top shareholder of KODA by the end of this month."
ARK Invest Sells $90.58 Million in Coinbase Stock
According to Ark Daily and The Block, ARK Investment, led by Cathie Wood, sold 218,986 shares of Coinbase stock (worth $90.58 million) through its subsidiary funds on the 21st (local time). ARK Invest also sold some Robinhood and Block stocks on the same day.
Web3 Game Company Delabs Raises $5.2 Million in Investment
Web3 game company Delabs Games has raised $5.2 million in its Series A investment round. The round was led by Hashd, with participation from Tone Ventures, Kilo Fund, and Yield Guild Games. The investment will be used for developing AI-based Web3 games.
Mercurity Plans to Raise $43.7 Million for 'Cryptocurrency Reserve'
Nasdaq-listed Mercurity Fintech Holding (ticker: MFH) announced plans to raise $43.7 million through a stock offering. The funds are intended to be used for cryptocurrency reserves and expanding on-chain financial infrastructure.
Toss Bank Files Trademark for Stablecoin 'USD'
After filing numerous trademarks related to won (KRW)-linked stablecoins, Toss Bank has now filed a trademark related to the US dollar (USD), according to Biz Korea.
Vera Chain Introduces PoL v2 Governance Mainnet
Layer 1 blockchain project Vera Chain (BERA) announced through its official channel the introduction of PoL v2 governance with a liquidity-based consensus mechanism on its mainnet.
Bit Tensor Investment Company xTAO Begins Trading on Canadian TSX
The Bit Tensor (TAO) investment company xTAO has begun trading on the Canadian TSX Venture Exchange, according to The Block.
Binance Altcoin Futures Daily Trading Volume Exceeds $100 Billion
Crypto Quant analyst maartunn analyzed that Binance's daily altcoin futures trading volume has surpassed $100 billion.
Trend Research Deposits $5.12 Million FORM to Binance
Trend Research, under LD Capital, deposited 1.5 million FORM to Binance 10 minutes ago, according to Amber CN. This is worth approximately $5.12 million.
Anonymous Whale Sells 700 WBTC, Generating $74.89 Million in Profit
On-chain analyst ai_9684xtpa reported that an anonymous whale address sold 700 WBTC ($82.4 million) over the past 3 days.
Anonymous whale sells 8,000 ETH held for 2 weeks...$9.85 million profit
On-chain lens reported that an anonymous whale address sold 8,005 ETH (worth $30 million) 3 hours ago, generating a profit of $9.85 million.
Citadel takes 'cautious approach' to SEC's tokenized stock activation discussion
Bloomberg reported that Citadel, a prominent hedge fund, is urging a cautious approach as the U.S. Securities and Exchange Commission (SEC) discusses the activation of tokenized stocks.
Robinhood focuses on "potential" amid unlicensed stock token controversy
Robinhood's CEO Vlad Tenev stated that "there is always controversy with new attempts" in response to the unlicensed controversy.
Analysis firm: "Institutions are feeling FOMO"
Cryptocurrency analysis firm Sentiment shared via official X that "institutional investors are also feeling FOMO".
Altcoin season index at 55...up 2 points from previous day
CoinMarketCap's 'Altcoin Season Index' recorded 55, up 2 points from the previous day.
Crypto 'Fear & Greed Index' at 72...greed continues
Alternative's 'Fear & Greed Index' recorded 72, up 1 point from the previous day.
Analysis: "Optimal conditions for XRP's potential surge"
Crypto media U Today analyzed that XRP has "high potential for additional surge based on strong support levels".
Binance to temporarily suspend BNB Smart Chain deposits and withdrawals on 7/23...wallet maintenance
Binance announced that BEP-20 based token withdrawals will be temporarily suspended on July 23rd at 12:00 (Korean time) due to wallet maintenance of the BNB Smart Chain.
SOL recovers to $200...first time since 2/15
According to Coinness market monitoring, Solana (SOL) recovered to the $200 level for the first time since February 15th. Based on CoinMarketCap, SOL is currently trading at $203.15, up 12.36%.
