In the past hour, total liquidations across the network reached $14.58 million, with $11.18 million from long positions, with $3.41 million from short positions. BTC liquidation $2.45 million, ETH liquidation $4.06 million.

According to Odaily Planet Daily, tokenized chip stocks generally rose. DRAM is currently trading at 58.22 USDT, up 7.08% in the last 24 hours; MU is currently trading at 896.52 USDT, up 3.69% in the last 24 hours; and SKYNIX is currently trading at 1295.25 USDT, up 6.94% in the last 24 hours. In related news, Nvidia CEO Jensen Huang stated that the memory shortage will continue for several years, and he will announce a cooperation plan with SK Group Chairman Chey Tae-won next Monday.

Odaily Planet Daily reports that Tether CEO Paolo Ardoino posted a "Dragon Ball" comic strip on the X platform, featuring Goku and many supporting characters holding up a Spirit Bomb equipped with "BTC," along with the caption "One Community," calling on the crypto community to unite during the bear market.

Odaily Planet Daily reports that Serenity, a self-proclaimed "new stock market guru," posted an article on the X platform reminding investors to pay attention to financing structures and circulating share dynamics, as these are crucial for investment returns. He cited examples such as: IREN: its financing methods are almost infinitely dilutive, resulting in sell-offs on every rebound, essentially classifying it as a "bad stock." NBIS: up 153% year-to-date, benefiting from an optimized financing structure (such as direct financing and convertible bond combinations). CRWV: high debt interest rates; the company used high-interest loans for GPU financing, eroding free cash flow in the long term. Serenity points out that if a company's fundamentals are good, one can consider going long after existing holdings have been almost completely diluted. However, if focusing on equity appreciation, one should stay away from companies with "toxic" financing structures or heavy debt burdens. Small-cap companies are particularly risky, such as $SLNH, which added $500 million in ATMs while its market capitalization is only $250 million; and $BKKT, whose executive compensation continuously dilutes its stock. These types of companies are essentially transferring investor funds to the business, while being masked by media hype or influencer marketing. Serenity emphasizes that investors must carefully analyze equity structure, dilution risk, and hidden costs when screening targets to avoid focusing solely on profitability while ignoring actual equity reduction.

According to GMGN data, SIREN has broken through $1.15 and is currently trading at $1.1523, a 24-hour increase of over 40%. Odaily reminds users that the price of this token is highly volatile, and investors should be aware of the risks.