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Circle minted 250 million USDC on the Solana network 6 hours ago

2025.03.24 10:08:29

On March 24th, as monitored by Whale Alert, Circle minted 2.5 billion USDC on the Solana network 6 hours ago. As of now, by 2025, Circle has minted a cumulative total of 10.75 billion USDC on Solana.
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In the past 24 hours, the total net liquidation across the network was $213 million, with the primary liquidated position being a short.

On November 24th, according to Coinglass data, the total liquidation within the past 24 hours reached $213 million. The long liquidation was $76.325 million, and the short liquidation was $136 million. During the past 24 hours, a total of 112,820 people were liquidated globally. The largest single liquidation took place on OKX - BTC-USDT-SWAP, with a total of $2.5873 million.

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Vitalik: X Platform's "Display Account Country" Feature Will Only Have a Short-Term Positive Effect

November 24th, Ethereum founder Vitalik Buterin shared in a post regarding the prediction of the "Displaying Account Country" feature: In the short term, it will lead to a lot of positive impacts. In the medium term, experienced players will find ways to disguise themselves as coming from a different country. There are countless means to rent someone else's passport, phone number, IP address, and so on. It would be somewhat challenging to fake 1 million accounts with fake locations, but it would be extremely easy to fake one account with a false location and then operate it to gain 1 million followers. Six months later, those political water army accounts that are actually located in a random Eurasian country but operate under names like "Defenders of Western Civilization" are likely to change their location tags to "USA" or "UK". (The above is what I think will happen, not what I hope to see. What I hope for is: (i) We can truly observe different communities' viewpoints on differ

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Bitcoin Surges Above $88,000 This Morning Before Retreating

On November 24th, based on HTX market data, Bitcoin briefly rose above $88,000 this morning and then fell back. It is now trading at $86,861, with a 24-hour gain narrowed to 2.44%.

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「Cool-headed Whale」 Reduces ZEC Short Position, Overall Short Position Loss Increases to $4.05 Million

On November 23rd, as per the monitoring by HyperInsight, the "Calm Down and Short" reduced a short position of 2.6 million ZEC, and the overall unrealized loss of the short position expanded to 4.05 million. The current positions are as follows: · A short position of 41.74 million BTC with an unrealized loss of 1.84 million and a liquidation price of 89,018; · A short position of 30.97 million SOL with an unrealized loss of 1.51 million and a liquidation price of 136.73; · A short position of 11.31 million XRP with an unrealized loss of 0.69 million and a liquidation price of 2.22; · A short position of 4.11 million ZEC with an unrealized loss of 0.01 million and a liquidation price of 684.55.

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Ethereum's 7-day Net Supply Change Increases by 18,019 ETH

On November 23rd, based on data from Ultrasound.money, the net supply of Ethereum in the past 7 days has increased by 18,019 ETH. The total supply of Ethereum now stands at 121,234,582 ETH, and the supply growth rate is 0.776% per year.

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Wormhole Labs Launches Sunrise, a Standardized Liquidity Gateway for External Assets on Solana

On November 23, as per the report by The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) announced the official commencement of Sunrise today. Sunrise is a data and liquidity gateway centered around the Solana ecosystem. According to the official details, Sunrise is positioned as the "standard path" for external assets to enter Solana. It offers users a unified interface, enabling them to seamlessly transfer tokens from different chains to Solana with just one click. Once arrived, they can immediately access the DeFi scene within the Solana network, achieving a "Day One Liquidity" seamless experience. As per the announcement, Sunrise aims to address the common "liquidity fragmentation" issue when new tokens cross chains. It ensures that assets newly listed on the chain can be traded on various decentralized trading platforms within Solana from the very first day. Sunrise will use Monad's MON token as its first major test case, and MON token trading i

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