According to OKX market data, BTC has fallen below 75,000 USDT and is currently trading at 74,999.9 USDT, a 24-hour drop of 3.15%.

Odaily Planet Daily reported on May 23 that Tiger International issued a statement clarifying that recent claims regarding the company's "refusal to cooperate with regulators" or "confrontation with regulators" are completely untrue. "We urge everyone to rely on the complete information released by regulatory authorities and our company to avoid misunderstandings caused by one-sided information. Thank you for your continued attention and support," Tiger International stated. The company will strictly follow the guidance of the China Securities Regulatory Commission and relevant regulatory authorities in its rectification efforts, adhere to the development philosophy of "compliance first," and strictly abide by applicable laws and regulations in all countries and regions where it operates, conducting all business operations in accordance with laws and regulations. Currently, the company's business operations in all regions are stable. (stcn)

In the past hour, total liquidations across the network reached $14.42 million, with $13.66 million from long positions, with $760,561.57 from short positions. BTC liquidation $3.89 million, ETH liquidation $2.57 million.

According to Huoxun Finance, in the seven days ending May 21, Circle issued approximately 8.1 billion USDC and redeemed approximately 7.7 billion USDC, increasing the circulating supply by approximately 400 million USDC. The current total circulating supply of USDC is 76.9 billion, corresponding to reserves of approximately $77.1 billion. This includes approximately $45.7 billion from overnight reverse repurchase agreements, approximately $18.6 billion from Treasury bonds with maturities of less than three months, approximately $12.2 billion from systemically important institution deposits, and approximately $600 million from other bank deposits.

According to Santiment's weekly market summary, Bitcoin ETFs have experienced net outflows in 9 out of the last 10 trading days. With Bitcoin currently priced at around $77,500, this phenomenon is seen as a reflection of weakening retail investor confidence. Ethereum market sentiment has fallen to its lowest level since 2023, but its number of non-zero addresses has reached 192.92 million, more than three times the number of Bitcoin's approximately 59 million. Furthermore, the current Bitcoin bullish to bearish comment ratio has risen to 2.23, the highest level since 2026. Historically, such high sentiment often precedes short-term corrections.