NEW: 🐋 A Hyperliquid whale fully closed a 40x BTC long worth $122M, wiping out a $61,605 liquidation level before #Bitcoin ever reached it.
The exit erased the market's clearest liquidation target, per CryptoSlate. (Bitcoin.com News)
The bond market is skeptical of the plan of US Treasury Secretary Besant to deal with US $40 trillion of US treasury bond. Besant announced its plan to increase the repurchase scale of long-term treasury bond bonds and promised to use its toolbox to support the market. John Arnold stated that the lack of change in the US fiscal situation will continue until a crisis is triggered. Tracy Chen said that Besant failed to curb the yield of long-term treasury bond bonds, and the bond vigilantes still distrusted Besant. Besant needs to take more action to persuade investors to prove that the Trump administration is taking US fiscal issues seriously.
SafePal is tracking phishing websites and impersonating accounts, and plans to commission a third-party organization to conduct a security review of the order system and re evaluate the order and logistics processes to reduce risks. SafePal is monitoring affected data and affected users will receive risk alerts. SafePal provides one-on-one assistance through official support channels and reminds users not to disclose Seed Phrases to anyone.
Michael Saylor, Executive Chairman of Strategy, stated that the most profound innovation of Bitcoin lies in transforming economic energy into digital form and securely binding it to individuals, households, businesses, machines, and even nations.