In the past hour, total liquidations across the network reached $13.83 million, with $3.53 million from long positions, with $10.30 million from short positions. BTC liquidation $894,942.24, ETH liquidation $2.12 million.

Odaily Planet Daily reports that a senior U.S. official has confirmed that Nvidia has begun shipping its H200 AI chip to the Chinese market. However, the official stated that the actual number of deliveries is currently "very small," and large-scale supply has not yet materialized. Previously, the U.S. Department of Commerce approved approximately 10 Chinese companies to purchase Nvidia's H200 chips. The H200 is a high-performance GPU from Nvidia targeting the AI training and inference market, and is one of the most advanced AI chips currently approved for export to China.

Odaily Planet Daily reports that Federal Reserve Chairman Warsh stated at a House hearing that the Fed is committed, capable, and responsible for fulfilling the tasks assigned to it by the committee, and will adhere to its duties and stay away from politics. Several working groups he established are currently conducting investigations, and these external working groups will first share their findings with policymakers and hold public discussions. He has instructed all working groups to return to their first principles. The balance sheet is part of monetary policy, and any changes to balance sheet policy will be announced in advance. The Fed must do its job to avoid interference from fiscal policy. The balance sheet system has undergone significant changes, and the Fed is proud to be an independent central bank. He understands that central banks need to intervene in the market during times of crisis.

Odaily Planet Daily reports that options trading on SK Hynix American Depositary Receipts (ADRs) began on Tuesday on the U.S. Options Exchange. As of 10:25 a.m. New York time, volume had reached approximately 33,000 contracts, with over two-thirds concentrated in short-term options expiring this Friday. The most actively traded were call options with a strike price of $185, with approximately 2,900 contracts traded, followed by put options at $145. Additionally, call options expiring in August with a strike price of $200 were also popular, with over 1,500 contracts traded. Daniel Kirsch, head of options at Piper Sandler, stated that traders expect active positioning for short-term trading in anticipation of continued gains in SK Hynix ADRs this week. "We anticipate very strong demand for short-term, bullish options, especially call options expiring this Friday, where retail investors are likely to rush in quickly," he said. (Jinshi)