Data: "Momo" deposited another 300,000 USDT to continue long on ETH, accumulating losses of $31.29 million.
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Data: If ETH falls below $1,709, the total liquidation intensity of long positions on major CEXs will reach $728 million.
According to ChainCatcher, Coinglass data shows that if ETH falls below $1,709, the total liquidation intensity of long positions on major CEXs will reach $728 million. Conversely, if ETH breaks through $1,888, the total liquidation intensity of short positions on major CEXs will reach $584 million.
Data: If ETH falls below $1,683, the total liquidation intensity of long positions on major CEXs will reach $758 million.
According to ChainCatcher, data from Coinglass shows that if ETH falls below $1,683, the total liquidation intensity of long positions on major CEXs will reach $758 million. Conversely, if ETH breaks through $1,859, the total liquidation intensity of short positions on major CEXs will reach $649 million.
Data: If ETH falls below $1,692, the total liquidation intensity of long positions on major CEXs will reach $549 million.
According to ChainCatcher, data from Coinglass shows that if ETH falls below $1,692, the total liquidation intensity of long positions on major CEXs will reach $549 million. Conversely, if ETH breaks through $1,866, the total liquidation intensity of short positions on major CEXs will reach $463 million.
Tether burned 2.5 billion USDT on Ethereum in a single day, the largest single-day destruction since February.
According to Mars Finance, on July 8th, CryptoQuant, citing on-chain data analysis, reported that on July 7th, the Tether Treasury burned $2.5 billion worth of USDT on the Ethereum network, the largest single burn on the network since February this year. This surpasses the $2 billion burn on May 8th and is second only to the historical high of $3.5 billion on February 10th. Simultaneously, the USDT balance flowing in and out of Binance via the Tron network fell to approximately $806 million, the lowest level since December 29th, 2025 ($391 million), falling below the $1 billion mark, indicating a significant contraction in USDT liquidity through the Binance Tron channel. While the large-scale burn by the Tether Treasury primarily reflects redemptions, fund management, or cross-chain rebalancing operations, it is not a direct market signal. However, the simultaneous contraction in Ethereum supply and Binance Tron liquidity warrants continued monitoring to see if the trend of synchronized tightening of liquidity in both stablecoin chains continues.
Data: A whale deposited 4 million USDC into Hyperliquid and opened a long position of 500 BTC.
According to Mars Finance, on-chain analyst Yu Jin monitored that before the US stock market opened, a whale transferred 4 million USDC to Hyperliquid to open a long position of 500 BTC at an average price of $62,911, with a position size of approximately $31.48 million and a leverage ratio of approximately 8x, indicating a high risk of liquidation. This address also holds 12,027 ETH in the spot market, purchased in March at an average price of $2,068, currently showing a floating loss of approximately $3.6 million.
Data: After several months of inactivity, a whale (a large investor) has returned with a long in BTC, currently valued at approximately $12.58 million.
According to Mars Finance, Onchain Lens monitoring shows that the smart money wallet "0x15a," which had been dormant for several months, has become active again. This address deposited $1 million USDC into Hyperliquid and subsequently opened a long position of 200 Bitcoins with 40x leverage, resulting in a notional position of approximately $12.58 million. Data shows that this address's last transaction record dates back to March of this year, and its current historical cumulative profit from perpetual contracts is approximately $2.28 million.