"ETH Long" Buddy Faces Partial Liquidation Again, Cumulative Loss Reaches Nearly $35 Million

On June 10, former President Donald Trump took to Truth Social to claim Iran’s military has been "completely decimated." He asserted most of Iran’s military branches—including its navy and air force—no longer exist and are totally defeated. Trump also alleged Iran only talks and fails to take real action, accusing the country of wasting time negotiating a deal that should have been favorable to it, warning Tehran will now have to pay the price.

June 10 – Official announcements from OKX confirm that OKX DEX is launching temporary fee-free trading for stock tokens, starting today. All stock token trades on OKX DEX will be zero-fee, covering every trading channel: mobile app, web platform, and plugins. At the same time, OKX is kicking off the xStocks Trading Competition, running from now until June 24, 2026 at 18:00 GMT+8. Users who trade xStocks-related pairs—such as TSLAx, AAPLx, and other stock tokens—will be ranked based on their cumulative trading volume. The top 5,000 traders will receive rewards from a total prize pool of 300,000 USDC.

In an official statement released June 10, Binance announced the launch of bStocks—its new tokenized U.S. stock product, pegged at a 1:1 ratio to underlying equities. Issued by BTech Holdings Limited, an affiliate of the Binance Group, bStocks represent ownership stakes in the underlying securities, but not direct ownership of the listed companies’ actual stocks. Users can convert eligible stock holdings directly on Binance’s Stock Trading Platform to corresponding bStocks at a 1:1 rate, and also convert bStocks back to direct stock positions. The conversion process has no lock-up period, no required holding time, and no associated fees. bStocks will trade 24/7 on Binance’s spot market, and support withdrawals to self-custody wallets or on-chain deployment in compatible DeFi protocols. Users can withdraw bStocks to wallets like Trust Wallet, Binance Wallet, hardware wallets, or other compatible addresses. bStock prices are anchored to their underlying stocks via an oracle, with on-c

June 10: According to data from Coinglass, if Bitcoin falls below $60,000, total long liquidations on major centralized exchanges (CEXs) will total $10.64 billion. Conversely, if Bitcoin breaks above $63,000, total short liquidations on top CEXs will hit $12.43 billion. BlockBeats Note: Liquidation charts do not display exact contract counts or precise values. The bars in these charts actually reflect the relative importance of each liquidation cluster compared to neighboring clusters—this is the "strength" metric referenced. As such, the chart shows how significantly an asset’s price hitting a given level will be impacted. A higher "liquidation bar" indicates that reaching that price level will trigger a more intense reaction due to a liquidity cascade.

June 10 — International gold prices extended their decline through European trading on the same day, after a slump during the early Asian session earlier that day. The metal briefly dropped below the $4,200-per-ounce level, wiping out all gains for the year. As of 5:15 p.m. Beijing time, COMEX August gold futures stood at $4,188.70 per ounce, down 2.28%, marking a 3.51% year-to-date drop. Analysts attributed the sharp pullback to last Friday’s better-than-expected U.S. non-farm payroll data, which signals sustained underlying strength in America’s labor market. Amid inflation risks stemming from the Middle East conflict, markets are now leaning heavily toward bets that the Federal Reserve will raise interest rates in the second half of the year. According to CME Group’s FedWatch Tool, the market is pricing in a nearly 70% probability of at least a 25-basis-point rate hike by year-end. Rate increases reduce the appeal of non-interest-bearing assets like gold, further pressuring prices,

Quick Crypto Update: On June 10, as Bitcoin briefly dipped below $61,000, prediction platform Polymarket saw a sharp shift in Bitcoin’s June price forecast probabilities. The likelihood of Bitcoin falling to $55,000 by the end of June surged to 36% that day, up from just 4% on June 2. Separately, Polymarket puts a 16% chance on Bitcoin dropping to $50,000 this month, while the probability of Bitcoin rising to $65,000 in June stands at 57%.