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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Is Monero (XMR) Poised for a Bullish Rally? This Key Emerging Fractal Saying Yes!3Is This the Last Chance for Bitcoin to Break $130K in 2025?
Flash
- 03:57European Central Bank: Digital Euro Could Trigger Deposit Outflows of Up to 700 Billion Euros During a Bank RunJinse Finance reported that a simulation by the European Central Bank (ECB) on Friday showed that, in the event of a bank run at commercial banks, the digital euro could lead to the transfer of up to 700 billion euros (approximately 81.088 billion USD) in deposits, causing liquidity tightening for about a dozen banks in the eurozone. This study, commissioned by European legislators, aims to assess the risks posed by digital currency (essentially an electronic wallet guaranteed by the ECB) to the banking sector under different scenarios, including a hypothetical "flight to safety" scenario.
- 03:53Data: Liquidation volume on the Hyperliquid platform has exceeded $10 billions, reaching a record high.According to ChainCatcher, Coinglass data shows that the total liquidation amount on the Hyperliquid platform has exceeded $10 billion, currently reaching $10.297 billion, with long positions liquidated at $9.317 billion and short positions liquidated at $980 million. In addition, the total liquidation amount across all exchanges in the past 24 hours reached $19.301 billion, with long positions liquidated at $16.808 billion and short positions liquidated at $2.493 billion.
- 03:42Bitwise Head of Research Europe: Intraday Crypto Asset Sentiment Index Hits Lowest Level Since Summer 2024Jinse Finance reported that André Dragosch, Head of Research Europe at Bitwise, tweeted that the crypto asset sentiment index has just issued a strong contrarian buy signal today. The index hit an intraday low of -2.8 standard deviations, marking the lowest level since the "yen carry trade unwind" in the summer of 2024. This liquidation is a gift, not for those who are already bankrupt, but for those who still have some money left.