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ChainCatcher news, according to Coinglass data, in the past 24 hours, the total liquidation across the network reached 382 million US dollars, with long positions liquidated amounting to 66.0186 million US dollars and short positions liquidated amounting to 316 million US dollars. Among them, bitcoin long positions were liquidated for 14.5932 million US dollars, bitcoin short positions for 158 million US dollars, ethereum long positions for 14.1442 million US dollars, and ethereum short positions for 78.7575 million US dollars. In addition, in the past 24 hours, a total of 116,689 people were liquidated globally, with the largest single liquidation order occurring on a certain exchange - BTCUSD valued at 13 million US dollars.

ChainCatcher reported that Polish President Karol Nawrocki has vetoed the proposed Crypto-Asset Market Act, which aimed to introduce strict regulations for the country's crypto industry. The President's office confirmed in a statement on Monday that he would not sign the bill. President Karol Nawrocki rejected the bill on the grounds that it "truly threatens the freedom, property, and national stability of Polish people," and pointed out that the bill's length (over 100 pages) far exceeds the requirements set by the EU's MiCA regulations. His main objection was to a provision granting authorities the power to block crypto-related websites. Polish Finance Minister Andrzej Domański stated on the X platform that the President's decision would expose consumers to risks, and said that Karol Nawrocki "chose chaos." Deputy Prime Minister and Foreign Minister Radosław Sikorski also believes the bill is necessary to curb fraud. Industry insiders welcomed the veto, arguing that consumer protection should not come at the cost of excessive control.