MyToken data monitoring shows that on 【June 6th, 04:47】 (Beijing Time), an address starting with 【0x3b98】 transferred 【120826304.83 USDT】 to an address starting with 【0xdac1】, with a total value of approximately 【119.99 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

In the past hour, total liquidations across the network reached $31.83 million, with $5.02 million from long positions, with $26.81 million from short positions. BTC liquidation $13.39 million, ETH liquidation $11.98 million.

MyToken data monitoring shows that on 【June 6th, 04:21】 (Beijing Time), an address starting with 【1DMPhG】 transferred 【1713.24 BTC】 to an address starting with 【12DezR】, with a total value of approximately 【104.36 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Odaily Planet Daily, the U.S. House Ways and Means Committee will hold a hearing on crypto taxation next week. Seven draft bills have already been leaked by the committee, aiming to provide clearer rules regarding stablecoins, staking, mining, and tax relief for certain small transactions. Over the past year, the U.S. Congress has focused on advancing crypto regulation, including a stablecoin regulatory framework and market structure legislation such as the Clarity Act. As discussions on the regulatory framework progress, digital asset taxation has become a new focus. Some draft bills aim to reduce the compliance burden of everyday crypto payments. For example, Senator Cynthia Lummis previously proposed tax exemptions for crypto transaction gains or losses below $300 and clarified that digital asset lending is not a taxable event. The House of Representatives has also proposed exempting compliant USD stablecoin transactions below $200 from capital gains tax. The industry organization The Digital Chamber stated that it looks forward to working with lawmakers to refine the draft bills and provide clearer and fairer tax rules for digital assets.

According to Odaily Planet Daily, OKX market data shows that BTC has rebounded and broken through 61,000 USDT, currently trading at 61,009.6 USDT, with the 24-hour decline narrowing to 3.87%.