BNB breaks through the $600 mark

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Whale address 0x38fd has opened a new 10x leverage long position in the past 2 hours, holding 321000 HYPE with a total value of approximately $7.9 million. Previously, the address closed a HYPE long position and gained a profit of $249000. （Lookonchain）

Whale address 3JFgQr withdrew 181 BTC worth 15.8 million US dollars from Binance today after being dormant for 3 years. （Lookonchain）

[The People's Bank of China Conducts 930 Billion Yuan 7-Day Reverse Repo Operation] The People's Bank of China conducted a 930 billion yuan 7-day reverse repo operation today, with both the bidding amount and the transaction amount at 930 billion yuan. The operation rate was 1.40%, unchanged from the previous level.

[Peter Schiff: Gold Near $4,530, Inflation Rate Returning to 2% Is Unrealistic] Economist and cryptocurrency critic Peter Schiff posted on the X platform, stating that gold prices have risen by $50, nearing $4,530; silver prices have increased by $3, trading just 10 cents below $75. He remarked that if the market believes inflation can return to 2% during a record-breaking rally in precious metals, it is a misjudgment.