1h agoCrypto liquidations hit $76.96M over 24 hours, split fairly evenly between longs and shortsChainCatcher reports that Coinglass data show $76.96 million in crypto liquidations across the market over the past 24 hours. Long liquidations totaled $30.15 million, while short liquidations reached $46.81 million. By asset, Bitcoin saw $5.59 million in long liquidations and $5.55 million in short liquidations. Ethereum recorded $4.41 million in long liquidations and $21.02 million in short liquidations. In total, 45,677 traders were liquidated globally during the period. The largest single liquidation was $2.49 million on Hyperliquid's ETHUSD market.2h agoCentral banks are backing gold with their balance sheets, not just their wordsActions are doing the talking in the gold market heading into the second half of the year. Two recent central bank surveys delivered a clear signal: the World Gold Council reported a record 45% of central banks expect to increase their own gold reserves over the next 12 months, and OMFIF's annual poll found reserve managers continue to rank gold among their favored reserve assets as they diversify in an increasingly fragmented global financial system. Surveys capture intentions. What has unfolded since then has added real weight to that message, as central bank balance sheets increasingly reflect a preference for gold. Full story at Kitco.2h agoPolymarket posts $1.88M in 24-hour revenue, ranking third among crypto protocolsChainThink, citing DefiLlama data as of July 12, said Polymarket generated $1.88 million in revenue over the past 24 hours, overtaking Canton and Hyperliquid to become the third-highest revenue-earning crypto protocol. DefiLlama data also shows Polymarket's cumulative protocol revenue has surpassed $94 million.2h agoDeFiLlama: Gate Posts $207M in Net Outflows Over 7 Days After User Theft IncidentData from DeFiLlama show Gate recorded $207 million in net outflows over the past seven days, following market fallout tied to a user theft incident. The exchange ranked second among centralized exchanges (CEXs) by outflows during the period. Binance topped CEX inflows, logging $308 million in net inflows over the same timeframe. DeFiLlama data also indicate Binance and Bybit have experienced notable outflows over the past month, driven by the EU's delisting policy.
3h agoCrypto market logs $63.76M in liquidations in past 24 hoursCrypto derivatives traders saw $63.76 million in liquidations over the past 24 hours, CoinGlass data shows. Long liquidations accounted for $27.06 million, while shorts totaled $36.70 million. By asset, BTC liquidations came in at $9.54 million ($4.00 million longs; $5.54 million shorts). ETH saw $11.94 million ($2.29 million longs; $9.65 million shorts). SOL liquidations were reported at $1.42 million ($5.15 million longs; $9.02 million shorts), and XRP liquidations totaled $315,000 ($83,100 longs; $231,900 shorts). In all, 44,633 traders were liquidated during the period. The largest single liquidation was recorded on Hyperliquid on the XYZ:XYZ100USD pair, worth $1.08 million.3h agoBitcoin and ether ETFs end eight-week outflow run with $282 million in combined inflowsBitcoin and ether exchange-traded funds recorded $282 million in net inflows, snapping an eight-week streak of investor withdrawals.4h agoSuspected LAB insider shifts $18.69M worth of tokens to Aster in 24 hoursOdaily Planet Daily cited on-chain analyst Ai Yi as saying a wallet believed to be tied to insider activity moved another 10.5 million LAB to Aster. Based on a transfer price of $0.872 per LAB, the transaction was worth about $9.15 million. The wallet has now made two LAB transfers to Aster in roughly 22 hours, totaling around $18.69 million over the past 24 hours. LAB previously saw a brief dip after the wallet's transfer late last night.4h agoAUM of U.S.-listed ETFs hits record $1.56 trillionJuly 11 — The Kobeissi Letter said assets under management in U.S.-listed ETFs climbed to a record $1.56 trillion, doubling over the past 30 months. Investors have funneled more than $1 trillion into U.S.-listed ETFs so far this year, nearly twice the record pace seen over the same period in 2025. If the current momentum holds, full-year inflows are set to top $2 trillion for the first time, about 33% above last year's previous record. June alone brought roughly $193 billion of inflows, the second-highest monthly total on record. Demand was concentrated in U.S. megacap equities, semiconductors, AI and Korea-focused ETFs, further accelerating growth in the U.S. ETF market.4h agoSuspected Hedera bridge exploit sends at least $5.8M to Ethereum; HBAR slipsHedera’s HBAR token fell more than 2% after blockchain security researchers flagged what they believe is an ongoing bridge exploit that moved millions of dollars off Hedera and onto Ethereum. Specter said an attacker bridged roughly $3.7 million from Hedera to Ethereum, then began swapping Wrapped Bitcoin (WBTC) into Ether (ETH). The group published two wallet addresses it believes are tied to the transfers. As the activity continued, estimates of the total amount diverged. PeckShield put the bridged value at about $5.25 million, citing a wallet balance of roughly 2,360 ETH (about $4.25 million) plus 15.58 WBTC (about $1 million) at the time of its review. CryptoBull360 later estimated the wallet at around $5.8 million, showing a different snapshot of about 3,203 ETH (nearly 80% of holdings) with the remainder in WBTC, suggesting the total shifted as funds continued moving and being exchanged. Analysts said the funds crossed chains via LayerZero and were converted from WBTC into ETH on Ethereum. PeckShield’s tracing also noted the wallet’s initial funding included 1 ETH sourced from Tornado Cash—an observation that indicates a potential funding path but does not identify the individual or group controlling the address. Screenshots and on-chain records shared by Specter and PeckShield show a burst of inbound transfers from Hedera followed by rapid swaps on Ethereum. No party has been definitively identified as responsible, and Hedera had not issued an official statement at the time of publication. Researchers said they are monitoring the implicated addresses and will update figures as additional transactions appear. HBAR was trading around $0.069, down more than 2% amid the reports. The suspected incident arrives alongside a fresh run of crypto security headlines: Blockaid recently reported an active exploit affecting Summer.fi with estimated losses near $6 million; Ctrl Wallet said it will permanently shut down after a Cardano-wallet exploit; and Secret Network has proposed migrating SCRT from Cosmos to Arbitrum, citing security and liquidity concerns. Market participants are watching for any official update from Hedera on the cause, scope and mitigation steps, continued on-chain reporting for final loss estimates and fund movements, and price reactions in HBAR and assets held at the tracked addresses.4h agoSK Hynix jumps 12.8% in Nasdaq debut, valued at $1.22T in record U.S. foreign IPOSK Hynix began trading on Nasdaq and surged 12.8% on its first day. The listing valued the company at $1.22 trillion, marking the largest foreign IPO on a U.S. exchange to date. Trade $SKHY Perpetual on BingX now.