A whale address that opened a 40x leveraged short position on BTC has increased its short position, with a position value exceeding 70 million US dollars.

On July 5th, based on Coinglass data, if Bitcoin drops below $107,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $444 million. Conversely, if Bitcoin rises above $109,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $592 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the liquidated contracts. 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 shows to what extent the price of the asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

July 5th. As per CCTV News, on July 4th local time, U.S. President Trump declared that the U.S. government would commence dispatching letters to trade partners starting from that day and set new unilateral tariff rates. Trump mentioned that the new tariffs were likely to come into effect from August 1st. Trump stated that beginning from the 4th, the U.S. would send letters to multiple countries, anticipating that "10 or 12 letters" would be sent on that day, and more letters would be dispatched in the forthcoming days. He said he expected all these letters to be delivered by the 9th. Previously, Trump had set July 9th as the deadline for tariff negotiations. Regarding the newly set tariffs, Trump said, "The tariff rate could range from 60%, 70% to 10%, 20%." He stated, "We have finalized the final text (of the letter), which will basically elucidate how much tariff these countries are going to pay." CNN reported that it is currently uncertain which countries will receive these lette

On July 5th, Binance Alpha has now initiated AIN (Infinity Ground).

July 5th: The poll initiated by Elon Musk earlier regarding whether to create the "American Party" has garnered over 1.16 million participants thus far. 65% have voted "Yes" and 35% have voted "No". There are only 4 hours remaining until the end of the voting. On July 4th local time, U.S. President Trump signed the tax and spending bill into law, making it come into effect. Earlier on June 30th local time, Musk tweeted dozens of times, stating that lawmakers who support the bill should feel ashamed and suggesting that if the bill is passed, the "American Party" would be established the following day.

On July 5th, as per Hong Kong Economic Times, Hong Kong Financial Secretary Paul Chan Mo-po mentioned that Hong Kong had issued green bonds in tokenized form during 2023 and 2025. The preparations for the third batch of tokenized bonds are currently in progress. In the future, Hong Kong will standardize the issuance of tokenized government bonds and offer incentives for the tokenization of real-world assets, like exempting tokenized exchange-traded funds (ETFs) from stamp duty upon transfer. Moreover, Hong Kong will also promote the tokenization of a broader range of assets and financial instruments, demonstrating the diverse applications of tokenization technology in various fields, including precious metals, base metals, and renewable energy sources (such as solar panels).

On July 5th, according to Coinglass data, within the past 24 hours, the total net inflow of BTC on CEX is 5965.36 BTC. The top three inbound CEX are as follows: Binance, with an inflow of 3710.83 BTC; OKX, with an inflow of 1702.25 BTC; Bybit, with an inflow of 333.51 BTC. Additionally, Coinbase Pro had an outflow of 241.20 BTC and ranked first on the outflow list.