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&nbsp;according to Coinglass data, there was a total liquidation of 133 million USD across the entire network in the past 24 hours, with long position liquidations amounting to 93.1986 million USD and short position liquidations amounting to 39.5358 million USD. Among them, Bitcoin long position liquidations were 44.5859 million USD, Bitcoin short position liquidations were 5.5253 million USD, Ethereum long position liquidations were 16.9487 million USD, and Ethereum short position liquidations were 5.8321 million USD.In addition, in the last 24 hours, a total of 62,417 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD valued at 7.0212 million USD.

[Data: In the past 24 hours, a total of $133 million in positions were liquidated across the entire network, with $93.1986 million in long positions and $39.5358 million in short positions.]&nbsp;according to Coinglass data, there was a total liquidation of 133 million USD across the entire network in the past 24 hours, with long position liquidations amounting to 93.1986 million USD and short position liquidations amounting to 39.5358 million USD. Among them, Bitcoin long position liquidations were 44.5859 million USD, Bitcoin short position liquidations were 5.5253 million USD, Ethereum long position liquidations were 16.9487 million USD, and Ethereum short position liquidations were 5.8321 million USD.In addition, in the last 24 hours, a total of 62,417 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD valued at 7.0212 million USD.

Data: In the past 24 hours, a total of $133 million in positions were liquidated across the entire network, with $93.1986 million in long positions and $39.5358 million in short positions.

according to Coinglass data, the Hyperliquid platform whale currently holds positions worth 5.375 billion USD, with long positions of 2.597 billion USD, accounting for 48.32% of the holdings, and short positions of 2.778 billion USD, accounting for 51.68% of the holdings. The long position profit and loss is -242 million USD, and the short position profit and loss is 314 million USD.Among them, the giant whale address 0xb317..ae is long on ETH with 5x leverage at a full position price of 3147.39 USD, currently unrealized profit and loss is -44.8962 million USD.

[Data: Whales on the Hyperliquid platform currently hold $5.375 billion in positions, with a long/short ratio of 0.93.]according to Coinglass data, the Hyperliquid platform whale currently holds positions worth 5.375 billion USD, with long positions of 2.597 billion USD, accounting for 48.32% of the holdings, and short positions of 2.778 billion USD, accounting for 51.68% of the holdings. The long position profit and loss is -242 million USD, and the short position profit and loss is 314 million USD.Among them, the giant whale address 0xb317..ae is long on ETH with 5x leverage at a full position price of 3147.39 USD, currently unrealized profit and loss is -44.8962 million USD.

Data: Whales on the Hyperliquid platform currently hold $5.375 billion in positions, with a long/short ratio of 0.93.

&nbsp;according to Onchain Lens monitoring, the whale who "sold 255 bitcoins" has closed its short positions on BTC, AAVE, and SOL again, making a profit of 1.13 million USD. So far, this whale has accumulated profits exceeding 5.08 million USD.

[A major whale closed its short positions in BTC, AAVE, and SOL, making a profit of $1.13 million.]&nbsp;according to Onchain Lens monitoring, the whale who "sold 255 bitcoins" has closed its short positions on BTC, AAVE, and SOL again, making a profit of 1.13 million USD. So far, this whale has accumulated profits exceeding 5.08 million USD.

A major whale closed its short positions in BTC, AAVE, and SOL, making a profit of $1.13 million.

regarding the EU Digital Services Act's emphasis on "zero space" governance tweets, Vitalik calls for replacing "purification-style" control with user empowerment, incentive mechanisms, and transparency to maintain true freedom of speech and a diverse society.Vitalik believes this "zero space" concept is an authoritarian and anti-diversity impulse because it attempts to completely eliminate subjectively controversial content (such as "hate speech" or "false information"), which inevitably creates conflicts and builds technocratic authoritarian mechanisms to enforce it. Vitalik believes a free society must accept that some people will sell "dangerous products" or spread "bad opinions," but the goal should not be to completely eradicate them, but to prevent such content from dominating discourse. Vitalik advocates adopting a "Pirate Party-style" user empowerment: incentives rather than bans to reduce harmful content; promoting social platforms to be more open, transparent, and so on.

[Vitalik criticized the EU's "zero space" governance, advocating for replacing control with user empowerment, incentive mechanisms, and transparency.]regarding the EU Digital Services Act's emphasis on "zero space" governance tweets, Vitalik calls for replacing "purification-style" control with user empowerment, incentive mechanisms, and transparency to maintain true freedom of speech and a diverse society.Vitalik believes this "zero space" concept is an authoritarian and anti-diversity impulse because it attempts to completely eliminate subjectively controversial content (such as "hate speech" or "false information"), which inevitably creates conflicts and builds technocratic authoritarian mechanisms to enforce it. Vitalik believes a free society must accept that some people will sell "dangerous products" or spread "bad opinions," but the goal should not be to completely eradicate them, but to prevent such content from dominating discourse. Vitalik advocates adopting a "Pirate Party-style" user empowerment: incentives rather than bans to reduce harmful content; promoting social platforms to be more open, transparent, and so on.

Vitalik criticized the EU's "zero space" governance, advocating for replacing control with user empowerment, incentive mechanisms, and transparency.

HTX data showed that TRX broke through 0.28  USDT and is now at 0.280036 USDT, with a increase of 0.38% in 24H.

[TRX broke through 0.28  USDT] HTX data showed that TRX broke through 0.28  USDT and is now at 0.280036 USDT, with a increase of 0.38% in 24H.

TRX broke through 0.28  USDT

night Surges 10.13% in 24H, Currently at 0.0848 USDT

【night currently trades at 0.0848 USDT, up 10.13% in 24h, according to HTX market data.】night Surges 10.13% in 24H, Currently at 0.0848 USDT

night currently trades at 0.0848 USDT, up 10.13% in 24h, according to HTX market data.

stable Surges 10.01% in 24H, Currently at 0.011443 USDT

【stable currently trades at 0.011443 USDT, up 10.01% in 24h, according to HTX market data.】stable Surges 10.01% in 24H, Currently at 0.011443 USDT

stable currently trades at 0.011443 USDT, up 10.01% in 24h, according to HTX market data.

HTX data showed that BTC fell below 87000  USDT and is now at 86964.68 USDT, with a decrease of 1.31% in 24H.

[BTC fell below 87000  USDT] HTX data showed that BTC fell below 87000  USDT and is now at 86964.68 USDT, with a decrease of 1.31% in 24H.

BTC fell below 87000  USDT

Trump administration enters its second year, the U.S. crypto regulatory landscape is shifting. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are moving from previous jurisdictional disputes to closer collaboration, jointly advancing crypto regulation. SEC Chairman Paul Atkins is promoting a "token classification system," Project Crypto, and innovative exemption mechanisms, and has approved listing standards for various crypto ETFs, while also making asset tokenization a regulatory focus.The CFTC is accelerating rule clarifications through the "Crypto Sprint," and with the new chairman Michael Selig in office, it is expected to play a more central role in regulating crypto commodities such as Bitcoin. Industry insiders believe that in 2026, U.S. crypto regulation will present a dual-track pattern of SEC institutional innovation plus CFTC-led market expansion. Former senior SEC lawyer Howard Fischer pointed out that this is the first time in his memory that the two agencies have advanced crypto regulation in a highly collaborative manner, and he expects this cooperation to dominate the regulatory agenda in 2026.

[A 2026 outlook for US crypto regulation: SEC pushes for reforms, CFTC's influence rises.]Trump administration enters its second year, the U.S. crypto regulatory landscape is shifting. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are moving from previous jurisdictional disputes to closer collaboration, jointly advancing crypto regulation. SEC Chairman Paul Atkins is promoting a "token classification system," Project Crypto, and innovative exemption mechanisms, and has approved listing standards for various crypto ETFs, while also making asset tokenization a regulatory focus.The CFTC is accelerating rule clarifications through the "Crypto Sprint," and with the new chairman Michael Selig in office, it is expected to play a more central role in regulating crypto commodities such as Bitcoin. Industry insiders believe that in 2026, U.S. crypto regulation will present a dual-track pattern of SEC institutional innovation plus CFTC-led market expansion. Former senior SEC lawyer Howard Fischer pointed out that this is the first time in his memory that the two agencies have advanced crypto regulation in a highly collaborative manner, and he expects this cooperation to dominate the regulatory agenda in 2026.

A 2026 outlook for US crypto regulation: SEC pushes for reforms, CFTC's influence rises.

BTC is currently trading at 21235.0 USDT on Huobi Global, with a 24h increase of -0.42%.
1. The total value of the global digital currency market is $1103.27 B (-0.62 %), and the 24h trading volume is $56.28 B (-31.07 %).
2. The prices of the major Altcoins are as follows: 
ETH 1622.18 USDT (-0.91%), HT 8.1331 USDT (-5.44%), XRP 0.48846 USDT (-2.19%), LTC 69.99 USDT (-0.91%), DOT 7.1012 USDT (-0.97%). 
3. In 24h,the top 3 gainers are:
PHA（+14.71 %）、BRWL（+7.74 %）、FTT（+5.13 %）; 
the top 3 losers are:
COL（-8.83 %）、ONIT（-6.7 %）、DORA（-6.09 %）. 
(Note: All rises and falls are calculated in 24h time format)
Go to Huobi Global and click 'Markets' to learn more about market information.

[Huobi Global Markets]BTC is currently trading at 21235.0 USDT on Huobi Global, with a 24h increase of -0.42%.
1. The total value of the global digital currency market is $1103.27 B (-0.62 %), and the 24h trading volume is $56.28 B (-31.07 %).
2. The prices of the major Altcoins are as follows: 
ETH 1622.18 USDT (-0.91%), HT 8.1331 USDT (-5.44%), XRP 0.48846 USDT (-2.19%), LTC 69.99 USDT (-0.91%), DOT 7.1012 USDT (-0.97%). 
3. In 24h,the top 3 gainers are:
PHA（+14.71 %）、BRWL（+7.74 %）、FTT（+5.13 %）; 
the top 3 losers are:
COL（-8.83 %）、ONIT（-6.7 %）、DORA（-6.09 %）. 
(Note: All rises and falls are calculated in 24h time format)
Go to Huobi Global and click 'Markets' to learn more about market information.

Huobi Global Markets

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Huobi Global Markets

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