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ChainCatcher reports, according to Coinglass data, that in the past 24 hours, total liquidations across the network reached $405 million, with $365 million in long positions liquidated and $40.2331 million in short positions liquidated. Among these, Bitcoin long liquidations amounted to $82.5028 million, Bitcoin short liquidations to $7.6095 million, Ethereum long liquidations to $93.0535 million, and Ethereum short liquidations to $5.7715 million.

According to ChainCatcher, as monitored by the on-chain analytics platform Lookonchain (@lookonchain), a newly created wallet has opened a $2.25 million 10x long position on 20 million DOGE on Hyperliquid at an average price of $0.11 in the past 6 hours. The current liquidation price is $0.10284.

```htmlGlonhui May 16th｜YouTube, a subsidiary of Alphabet, and Snap have reached settlements in the first lawsuit scheduled for a court hearing. This series of lawsuits aims to hold social media platforms responsible for covering costs incurred by school districts in addressing the youth mental health crisis—school districts accuse these companies of exacerbating the crisis.Court documents filed Friday in the federal court in Oakland, California, detail these agreements, which resolve the claims of a school district in Kentucky—the district will still proceed with litigation against Meta, the parent company of Facebook and Instagram, on June 15th.The terms of the settlement reached with Breathitt County School District in rural eastern Kentucky were not disclosed."This matter has been amicably resolved, and our focus remains on developing age-appropriate products and parental control features to fulfill this commitment," a YouTube spokesperson said in a statement.Snap, the parent company of Snapchat, did not respond to requests for comment.```