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BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

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Trade.xyz officially launches GigaDevice perpetual contract trading.

Trade.xyz has officially launched perpetual contract trading for GigaDevice (stock code: GIGADEV), with a maximum leverage of 10x. GigaDevice is a leading Chinese semiconductor company, primarily engaged in the design and sales of products including flash memory, microcontrollers, and sensors, and ranks among the largest players in China’s domestic flash memory market. Founded in 2005, it listed on the Shanghai Stock Exchange in 2016 and completed a secondary listing on the Hong Kong Stock Exchange in early 2026. As a key representative of China’s chip self-reliance drive, GigaDevice has recorded rapid revenue and profit growth in recent years, attracting significant market attention.

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Hong Kong's storage sector opens higher; Nanfang's 2x leveraged long product tracking SK Hynix surges nearly 15%

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India's largest asset management firm SBI Funds closed up 6.2% on its first day of listing, with its market value approaching $13 billion.

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Jack Dorsey’s Block has launched Buzz, a team collaboration platform that places humans and AI agents in the same conversational space.

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A crypto whale liquidated their Ethereum holdings after holding the asset for five months, at an average selling price of $1,923.

According to Lookonchain’s monitoring, a crypto whale liquidated its entire Ethereum position after holding the asset for five months. The whale sold 1,862.3 ETH at an average price of $1,923, totaling $3.58 million, incurring a loss of $1.42 million (a 28% decline). It purchased the same amount of ETH in January this year, when Ethereum prices were falling, at an average price of $2,685.

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美股海力士ADR较韩股溢价现报29.8%,开放互换剩余5个交易日

According to Bitget market data, South Korean chipmaker SK Hynix (ticker: SKHX) is trading at 1,977,000 won (equivalent to roughly $1,336) per share during its intraday session. Per BIT (bit.com) market data, SK Hynix American Depositary Receipts (ADR, ticker: SKHY) stand at $173.4 in U.S. post-market trading. Based on the conversion ratio of 0.1 underlying South Korean shares per ADR, the current ADR premium is around 29.8%, widening further from the recent 25% level. SK Hynix ADRs and their local South Korean shares have been convertible since July 29, with five trading days remaining in the conversion window.

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