In the past hour, total liquidations across the network reached $57.99 million, with $55.56 million from long positions, with $2.43 million from short positions. BTC liquidation $8.09 million, ETH liquidation $28.71 million.

Odaily Planet Daily reports that SolanaFloor posted on the X platform that Jupiter's introduction of ASR rewards for Q4 stakers has sparked strong opposition from the community. The reward requires users to import their mnemonic phrase into their Jupiter wallet to claim it via mobile phone or computer. Some users argue that forcing users to export their mnemonic phrase to claim the small reward is neither secure nor necessary, and it also excludes users using keyless or custodial wallets. In response to the criticism, Jupiter stated that it plans to enable the claiming function for other wallets within one to two weeks.

Odaily Planet Daily reports that Peter Cardillo, chief market strategist at Sparta Capital Securities, said, "I don't want to say that Warsh's nomination as the new Federal Reserve chairman was a complete surprise. He has always been considered hawkish, but recently he seems to be converging with Trump's position, making it a bit difficult to assess how the market will accept this nomination. We just need to see if he will be influenced by the White House. My guess is that he won't; he will examine issues very carefully and maintain a certain balance on inflation and the labor market. He may not be as decisive as Powell, but not by much." (Jinshi)

According to data from Coinglass, as reported by Odaily Planet Daily, a total of $38.0805 million in positions were liquidated across the network in the past hour, including $37.1939 million in long positions and $886,600 in short positions. In addition, approximately $10.71 million in Bitcoin positions were liquidated and approximately $10.23 million in Ethereum positions were liquidated.

According to Odaily Planet Daily, international gold and silver prices continued their sharp decline on January 30, both recording their largest single-day drops in decades, influenced by profit-taking and short-term futures traders closing out long positions. Market analysts believe that US President Trump's nomination of former Federal Reserve Governor Kevin Warsh as the next Fed chairman on January 30 exacerbated the plunge in precious metal prices. Warsh has publicly criticized the side effects of quantitative easing and believes the Fed needs closer policy coordination with the US Treasury. Analysts at Britannia Global Markets, a London-based asset brokerage firm, stated that the correction was not unexpected given the speed and magnitude of the precious metals rally in January. Analysts at Metals Focus, a UK research firm, believe the recent surge in precious metals has been irrational, but given the ongoing geopolitical risks and economic uncertainties facing investors, the market sell-off may be unsustainable. (CCTV News)