According to Huoxun Finance, the total amount of cryptocurrency liquidations across the internet reached $195 million in the past 24 hours, with long positions liquidated at $114 million and short positions at $81.6006 million. Breaking it down by currency pair, Bitcoin long positions saw $14.8651 million liquidated, while short positions saw $4.1273 million; Ethereum long positions saw $10.232 million liquidated, while short positions saw $5.0909 million. Furthermore, 99,170 traders worldwide experienced liquidations in the past 24 hours, with the largest single liquidation order occurring on the Binance BTCUSDT trading pair, valued at $4.7486 million.

According to Iranian media reports, Iranian Foreign Minister Araqchi has left Islamabad after meeting with Pakistani officials. (Jinshi)

Odaily Planet Daily reports that Aave, in a post on the X platform, has joined forces with stakeholders including Ether_fi, KelpDAO, LayerZero_Core, and compound_xyz to submit a governance proposal to the Arbitrum DAO, requesting the release of ETH previously frozen by the Arbitrum Security Committee due to the rsETH incident on April 18th. If the proposal is approved, funds will be injected into DeFi United to restore rsETH collateral and mitigate user losses. The proposal is currently open for review and feedback is being sought from the Arbitrum community.

According to an official announcement, Binance Futures will adjust the tick size (minimum price fluctuation) of some USDⓈ-M perpetual contracts on the following dates: April 27, 2026, 14:30 (Beijing Time): RAVEUSDT (0.00001→0.0001) and TRADOORUSDT (0.001→0.0001); 14:40: 1000SATSUSDT (0.0000001→0.00000001); 14:50: DOGSUSDT (0.0000001→0.00000001). On April 29, 2026, at 14:30, CRVUSDT will be adjusted (0.001 → 0.0001); at 14:40, GALAUSDT will be adjusted (0.00001 → 0.000001); at 14:50, CTSIUSDT will be adjusted (0.0001 → 0.00001); and at 15:00, ICXUSDT will be adjusted (0.0001 → 0.00001). Trading in some contracts will be suspended for approximately 1 minute during the adjustment period.

Odaily Planet Daily reports that the oil shock from the Strait of Hormuz has not yet led to a demand collapse, as wealthy countries are using their inventories and securing supplies at high prices. However, traders are now warning of a severe demand contraction. Traders say the longer the Strait of Hormuz remains closed, the more consumption will need to adjust downwards to match a supply reduction of at least 10%. To achieve this, people will have to reduce purchases, either through unaffordable prices or through government intervention to suppress consumption. Trafigura Group chief economist Saad Rahim stated that demand destruction is occurring in intangible pricing centers. This contraction is already happening, but if it continues, the scale of the demand contraction will only increase. We are at a critical turning point. (Jinshi)