The SEC Crypto Working Group Meets with Ondo Finance to Discuss Compliant Tokenized Securities Issuance Scheme

On August 18th, based on Coinglass data, if Ethereum surpasses $4600, the cumulative short liquidation intensity on mainstream CEXs will amount to 1.1 billion. Conversely, if Ethereum drops below $4300, the cumulative long liquidation intensity on mainstream CEXs will reach 1.489 billion. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price, when reached, will have a more pronounced reaction due to a liquidity avalanche.

August 18th. According to the monitoring of HyperInsight (accessible via https://app.hyperliquid.xyz/join/NTOD), "Big Brother Whale" Huang Licheng currently has a long position of 22,200 ETH, a long position of 88 BTC, and a long position of 55,000 HYPE. The total current unrealized loss amounts to $3.14 million. Specifically, the ETH long position alone is facing an unrealized loss of $3.12 million.

On August 18th, based on HTX market data, BIO briefly exceeded $0.15 and is currently trading at $0.1385, with an increase of more than 37% in the past 24 hours.

On August 18th, according to the CME's "FedWatch Tool", there is a 15.4% probability that the Fed will keep interest rates steady in September, and an 84.6% probability of a 25-basis-point interest rate cut. The probability of the Fed keeping interest rates steady in October is 6%. The cumulative probability of a 25-basis-point interest rate cut is 42.4%, and the cumulative probability of a 50-basis-point interest rate cut is 51.5%.

August 18th. Based on Coinglass data, within the past 4 hours, the total liquidation across the entire network reached $81.0786 million. The long liquidations totaled $76.7222 million, while the short liquidations were $4.3564 million. During the past 24 hours, a total of 67,512 people were liquidated globally, and the total liquidation amount was $211 million. The largest single liquidation took place on Hyperliquid - ETH-USD, amounting to $9.4366 million.

On August 17th, the validator exit queue on the Ethereum blockchain reached 855,158 ETH on Friday, setting a new record high. Juan Leon, the Senior Investment Strategist at Bitwise, stated that the increasing amount of ETH that is about to be undelegated may be the cause behind the recent pullback of this asset. The queue of undelegated Ethereum typically has a negative influence on the ETH price and may also bring significant selling pressure to the market. Since staking tokens like stETH can be traded at a discount, and this discount can reduce the collateral value, triggering risk reduction, hedging, or even liquidation. Eventually, this leads to the selling of ETH in the spot market. Leveraged "stETH loop" trades conducted through DeFi protocol liquidity pools will no longer be profitable. Traders will offset their loans by closing positions and selling ETH, resulting in simultaneous selling pressure.