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14:50
Ethereum Faces $114 Million Liquidation at $1472
BlockBeats News, June 25th, according to ChainInfo, a whale in the ETH lending market faced liquidation during the market downturn, as follows: First Liquidation Tier: Liquidation price of $1472. Liquidated amount of 72,700 ETH ($114 million); Second Liquidation Tier: Liquidation price of $1355. 167,600 ETH ($263 million) belonging to the whale who bought the dip at the beginning of the month; Third Liquidation Tier: Liquidation price of $1160. 120,000 ETH ($188 million) in a long position held by Hyperliquid's largest whale.
14:46
Iran Proposes Charging a Fee to Gulf Neighbors for the Hormuz Strait
BlockBeats News, June 25th - Iran has proposed to charge a service fee to Gulf neighbors for the use of the Strait of Hormuz. Iran estimates that this would generate $40 billion in annual revenue for the countries involved. Iran aims to share and negotiate the strait's revenue with other nations (The Wall Street Journal)
14:42
CryptoQuant: Strategy Should Stop Buying Bitcoin and Increase Cash Reserves
According to Odaily, on-chain analytics platform CryptoQuant stated that Strategy should stop buying Bitcoin and strengthen its cash reserves. US stock market data shows that Strategy's share price has fallen below the $90 mark, now quoted at $89.9, with its market capitalization about to fall below $2 billion.
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