In the past hour, total liquidations across the network reached $29.44 million, with $26.01 million from long positions, with $3.43 million from short positions. BTC liquidation $10.68 million, ETH liquidation $3.91 million.

In the past hour, total liquidations across the network reached $43.42 million, with $40.86 million from long positions, with $2.55 million from short positions. BTC liquidation $16.50 million, ETH liquidation $7.43 million.

Huoxun Finance reported on November 28th that, according to Bubblemaps, IRYS launched two days ago and airdropped 8% of its tokens to early users. However, approximately 20% of these were claimed by a group of 900 newly created wallets. These addresses had been partially funded by Bitget before the launch and had no on-chain activity records. These addresses have now transferred $IRYS to their new wallets and sent them to Bitget, realizing approximately $4 million in cash.

Odaily Planet Daily reports that Ethena's ecosystem project, Terminal Finance, has announced its closure on the X platform with a lengthy post. The details are as follows: "It is with a heavy heart that we announce we will not be launching the Terminal service. The reasons for this decision are as follows: Terminal was initially designed to be the liquidity hub for @convergeonchain. We completed the entire codebase and were ready to launch in Q1 2025. However, the Converge chain did not launch as scheduled, and there seem to be no plans for a launch in the near future. This has left us with deposits and a complete protocol, but lacking the ecosystem to support our services. We explored various transformation options, but none were compelling enough. Each option had substantial obstacles: limited support, low asset integration potential, unclear long-term prospects, etc. Ultimately, we are not confident that any of these paths will lead to a successful long-term project. Launching a project for the sake of launching a project goes against our principles. Maintaining integrity is paramount. To Roots holders: All principal is guaranteed, and all user deposits are guaranteed 1:1. Participants can withdraw deposits at a 1:1 ratio. Each current Pendle position is entitled to earn Ethena Sats, associated sUSDe yield, and EtherFi." Points. To our supporters, LPs, and ambassadors—we are deeply sorry. This was a difficult decision, and we know it's painful for everyone. Today, we have all lost something. But we believe this is the most honest and responsible way forward. We will open-source the fully audited protocol codebase. Terminal is designed as a MetaDEX that employs a novel mechanism to address impermanent loss derived from yields and re-injects yields into the market to 'bribe' it, thereby fundamentally improving the model's economics. Thank you for your support along the way.

According to Onchain Lens monitoring, BlackRock received 300 BTC (worth $27.51 million) and 16,629 ETH (worth $50.64 million) from Coinbase in the past 10 minutes. Furthermore, BlackRock has received a total of 4,044 BTC (worth $354 million) and 80,121 ETH (worth $235 million) in the past three days.