In the past hour, total liquidations across the network reached $26.72 million, with $3.59 million from long positions, with $23.14 million from short positions. BTC liquidation $11.04 million, ETH liquidation $5.78 million.

Odaily Planet Daily reports that Hyperliquid's ecosystem-related token, PURR, has surged approximately 15% following Hyperliquid Strategies' announcement of updates to its "HYPE Vault" and balance sheet. The disclosure revealed that Hyperliquid Strategies has completed a $647 million equity financing round, increasing its HYPE token reserves to 29.3 million, valued at approximately $1.9 billion at year-end prices, more than doubling its previous size. The company stated that it subsequently invested an additional $773.4 million to acquire approximately 16.5 million HYPE tokens, at an average purchase price of $46.77. The company stated that the continued expansion of its HYPE holdings aims to build a "fortress balance sheet," strengthening long-term support for the Hyperliquid ecosystem. The market believes that the continued allocation of institutional funds to HYPE assets further reinforces market expectations for Hyperliquid's value capture capabilities, driving up the price of the related ecosystem token, PURR. (The Block)

Odaily Planet Daily reports that Time magazine has released its TIME100 AI 2026 list of the 100 most influential people in the global AI field. Wu Yongming, CEO of Alibaba Group, was selected in the "AI Leaders" category for leading Alibaba to become a global leader in open-source AI. He is featured on the magazine's cover alongside SpaceX CEO Elon Musk, Amazon founder Jeff Bezos, and OpenAI co-founder Sam Altman, becoming a "focus figure." Liang Rubo of ByteDance, Liang Mengsong of SMIC, and Yang Zhilin of Lunar New York were also included in the sub-lists for leaders and innovators, respectively.

Odaily Planet Daily reports that decentralized trading platform TradeXYZ has announced the launch of the SHEIN pre-IPO perpetual contract market, providing investors with a channel to trade the anticipated valuation of SHEIN's future IPO. The SHEIN pre-IPO market reflects the market's expected pricing for the listing of SHEIN Global Holdings Limited's Class B ordinary shares, which is expected to list on the Hong Kong Stock Exchange under the stock code 0625. This product, designed based on pre-IPO market price expectations, allows users to trade SHEIN's potential offering price before its official IPO. SHEIN is a global online fashion and lifestyle retail platform that has previously attracted attention from the capital markets due to its rapid growth and global expansion.