BTC breaks through the $77000 mark

Affected by the rebound of the US stock market, the on chain account 0x3bca's short position of 939.74 SP500 contracts on Hyperliquid was fully liquidated, with a nominal size of approximately 7.19 million US dollars.

A certain giant whale sold $27.45 million in HYPE spot today and continued to reduce its HYPE short positions. Currently, it holds 369130 HYPE short positions worth $30.23 million and 34364 HYPE spot positions worth $28.11 million. The giant whale has lost $5.82 million in the past 30 days, with a cumulative loss of $6.79 million.

The three major US stock indexes collectively opened higher, with the Dow Jones Industrial Average up 0.9%, the S&P 500 index up 1.2%, and the Nasdaq up 1.5%. Semiconductor stocks collectively rose, with the Philadelphia Semiconductor Index up nearly 3%, Qualcomm up about 3%, and Intel up about 5%; Storage chip stocks generally rose, with SK Hynix up about 5%; Optical communication stocks generally rose, while Maiweier Technology rose by about 5%.

With the market rebounding, the 939.74 SP500 short positions held by a certain address, worth 7.19 million US dollars, have been fully liquidated.

On the first day of its launch, Circle's institutional level public chain Arc processed approximately 7.83 million transactions, of which only about 624000 were USDC transfers. On the first day of Arc, the DEX trading volume was approximately $82 million, lower than the $878 million set by Robinhood Chain. On Arc, TOLLY fell 56% from its high point, LONG fell 77%, and COOL fell 75%. Arc's largest token, ARGUS, has a market value of approximately $16 million, followed by cirBTC and EURC. (Source: CoinDesk)