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04:19
Data: Hyperliquid Funding Rate Heatmap Shows Both BTC Longs and Shorts in Vulnerable State
BlockBeats News, July 5th, Glassnode revealed in a post that its on-chain metric, the Hyperliquid Entry Price Heatmap, can display traders' specific entry prices. Currently, a large number of long positions in the $72,000 to $76,000 range and short positions established around $60,000 are both facing unrealized losses, creating high vulnerability in the Bitcoin market to both upward and downward movements. Price fluctuations may further trigger cascading liquidations.
04:05
Financial trader Peter L. Brandt: Considering selling some bitcoin to buy gold
Foresight News reports that financial trader and Factor LLC CEO Peter L. Brandt stated that he is considering selling a portion of his Bitcoin and using the proceeds to buy gold. He believes that the price of gold will rise significantly, surpassing the price of Bitcoin.
03:53
The Bank of Korea warns that single-leveraged ETFs for Samsung Electronics and SK Hynix amplify stock market risks.
According to documents submitted by the Bank of Korea to the National Assembly, single-stock leveraged ETFs targeting Samsung Electronics and SK Hynix have expanded rapidly. The market value share of these two companies has risen from about 36.1% at the end of last year to more than 55%, while their turnover share has increased from 27.9% to 63.5%. The Bank of Korea warned that this phenomenon amplifies structural risks and volatility in the Korean stock market. Korean financial regulators emphasized the need to monitor the impact of these products on market stability and systemic risk, noting that single-stock leveraged ETFs exacerbate one-way capital flows amid changes in market sentiment and, during a market reversal, the combination of intraday rebalancing and derivatives hedging mechanisms amplify price fluctuations.
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