In the past hour, total liquidations across the network reached $67.12 million, with $4.09 million from long positions, with $63.03 million from short positions. BTC liquidation $32.38 million, ETH liquidation $17.21 million.

According to a post on the X platform by Citrini analyst Jukan, Odaily Planet Daily, supply chain sources indicate that MediaTek has essentially secured a second ASIC customer besides Google. If all goes as planned, this customer will be Meta, previously rumored. MediaTek, as is customary, does not publicly comment on individual products, customer situations, or market rumors. While Qualcomm currently appears to have key customers such as Meta, Microsoft, and ByteDance, industry insiders believe that MediaTek's continued deepening of its cooperation with Google and its potential to secure a second customer puts it at a disadvantage. Semiconductor supply chain sources state that, considering the order prospects and generational transition pace of major cloud service providers for AI data centers and ASIC products, Google remains the most aggressive and proactive major customer. MediaTek not only has two products codenamed Zebrafish and Humufish, but according to market information and confirmation from industry insiders familiar with ASICs, its participation in the v9 generation Triggerfish is almost certain. This means that from the end of 2026 to 2028, and even into 2029, MediaTek can reliably receive revenue contributions from TPU mass production. Compared to Qualcomm's $15 billion cloud AI revenue target for 2029, it's only a matter of time before MediaTek, holding multiple TPU ASIC orders, reaches the $10 billion level. The industry is also focused on whether MediaTek can successfully secure its second major cloud service provider client. Based on earlier market information and recent supply chain confirmations, MediaTek is still actively collaborating with Meta on ASIC products, likely focusing on AI acceleration chips. Meta recently partnered with Arm and Qualcomm, but the related products are all CPU-oriented; there's no further concrete news regarding its self-developed AI acceleration chips. IC design industry insiders say that Meta's recent cloud AI development strategy has indeed been rather chaotic and unclear, with multiple adjustments to its internal chip development plans, seeking multiple partners and adopting different solutions in the CPU field alone. Regarding AI acceleration chips, although Meta has officially announced its collaboration plan with Broadcom, supply chain sources indicate that this has not interrupted the ongoing collaboration between MediaTek and Meta. IC design industry professionals also emphasized that MediaTek and Qualcomm's cloud AI development blueprints are still significantly different. MediaTek is concentrating all its resources on ASIC business, while Qualcomm plans to simultaneously promote customization and standardization, while also covering AI acceleration chips and CPU products.

According to Odaily Planet Daily, OKX market data shows that BTC has broken through 61,000 USDT and is currently trading at 61,077.5 USDT, with a 24-hour increase of 4.06%.

According to Odaily, major South Korean banks are expanding their foreign exchange trading teams and strengthening their presence in Seoul and London to prepare for the upcoming 24-hour foreign exchange market for the Korean won. Woori Bank has added eight employees to its London office, covering foreign exchange, derivatives, and bond trading positions. Hana Bank has added traders in Seoul and implemented a three-shift system for 24-hour coverage. Shinhan Bank and KB Kookmin Bank are also simultaneously expanding their staff and upgrading their systems. The 24-hour foreign exchange trading system for the Korean won will be launched on July 6th.

According to Odaily Planet Daily, Ansgar Dietrichs, a former Ethereum Foundation researcher and member of Ethlabs, stated on Laura Shin's Unchained podcast that ETH still lacks a clear value narrative after failing to break $5,000 for five years. Ethlabs was founded on June 22nd by five former Ethereum Foundation researchers and is backed by Joe Lubin, founder of Bitmine, Sharplink, and Consensys. Cryptoquant, an on-chain analytics firm, stated that over 32% of the ETH supply, approximately 39.5 million ETH, is currently staked, while exchange balances continue to decline. The company also noted that Ethereum's daily active addresses and smart contract activity have reached record highs, but the ETH price has fallen by more than 50% from its recent high.