In the past hour, total liquidations across the network reached $17.60 million, with $11.32 million from long positions, with $6.28 million from short positions. BTC liquidation $6.58 million, ETH liquidation $1.85 million.

According to Onchain Lens, a major whale has returned to the market after a three-year hiatus. This whale previously held 38,554 ETH, worth $64.28 million. It supplied 20,000 ETH to Aave V3, worth $33.28 million, borrowed 30 million USDT, and purchased 17,826 ETH through a revolving loan at $1,683. It now holds 56,380 ETH, worth $94.04 million. Onchain Lens suggests this whale may continue to buy ETH.

Odaily Planet Daily reports that emerging market stocks and currencies weakened for the third consecutive trading day, dragged down by a sharp decline in the South Korean stock market. The MSCI Emerging Markets Index fell 1.7% to 1728.66 points, while the Korea Composite Stock Price Index (Kospi) fell as much as 7% during the session. The sell-off was primarily concentrated in the chip sector. Samsung Electronics and SK Hynix led the decline, these two companies together accounting for more than half of the Kospi's market capitalization. Previously, Broadcom's AI chip sales prospects failed to meet high market expectations, triggering a shift in investor sentiment. Charu Chanana, chief investment strategist at Saxo Markets, stated that stronger-than-expected US non-farm payroll data could provide another reason for investors to reduce their crowded AI trades. The market is currently closely watching this data to determine the future path of the Federal Reserve's interest rates.

Odaily Planet Daily reports that a new study released by the Boston Federal Reserve on Thursday states that a fundamental shift in the US energy structure has completely altered the transmission path of oil price shocks to the domestic economy and reshaped the Fed's monetary policy logic. Currently, the mainstream view within the Fed is to remain on hold in the short term, observing the subsequent impact of the conflict. However, officials are generally concerned that continued conflict could solidify high inflation, with some suggesting a possible rate hike this year. The Boston Fed's research provides support for this view, arguing that even if rates are raised this time, the optimized economic structure will not cause the severe downward pressure on employment seen in the past. However, Morgan Stanley holds a completely different view, believing that the current oil price increase is a short-term supply disturbance and will not be the core driver of a Fed rate hike. Morgan Stanley predicts that inflation will gradually recover in the second half of the year, the job market will fluctuate, and the Fed will likely maintain interest rates unchanged throughout the year, with rate cuts potentially starting in 2027. (Jinshi)

According to Odaily Planet Daily, Jiang Zhuoer, founder of BTC.com, posted on the X platform that he has bought back all of his previously sold Ethereum positions at an average price of $1645. He had previously liquidated his positions in the $2200-$2400 range. He believes Bitcoin is still in a downtrend, but since it failed to break $61,000 twice, a rebound is expected. He anticipates selling again after the market rebounds within 1-3 days.