In the past hour, total liquidations across the network reached $183.31 million, with $169.80 million from long positions, with $13.51 million from short positions. BTC liquidation $129.94 million, ETH liquidation $31.36 million.

According to Odaily Planet Daily, DeepSeek plans to raise approximately $7 billion in its first funding round, valuing the company at a staggering $59 billion. Tencent and CATL will be DeepSeek's largest external investors; NetEase and JD.com also plan to participate. (Jinshi)

According to Onchain Lens monitoring, 12 hours ago, a USDH deployer (0xc4bb...7577) began transferring some of their HYPE holdings, unstaking 1.01 million HYPE tokens worth $72.45 million; transferring 209,984 HYPE tokens worth $15 million to a newly created wallet; and depositing 200,000 HYPE tokens worth $13.76 million into Flowdesk. Of these, 120,000 HYPE tokens have been transferred to Bybit, worth $8.25 million, and 80,000 HYPE tokens are currently being sold on Hyperliquid, worth $5.7 million.

Odaily Planet Daily reported on June 3 that European Central Bank (ECB) Governing Council member Winsch stated that the US-Iran peace agreement reached before next week's ECB meeting would not weaken the case for an interest rate hike. Winsch said, "If a peace agreement is indeed reached before the meeting, it will be part of the discussion. But we cannot know whether it will be lasting or credible." He hinted at support for a 25 basis point rate hike by the ECB. He believes that if the conflict remains unresolved, discussions among policymakers before setting interest rates on June 11 will be "quite easy." If a US-Iran peace agreement is reached, the discussions "may be slightly less easy. But the case for a rate hike may still exist, just not as strongly." He stated, "At some point, we cannot let the markets bear everything. We need to make a position clear." (Jinshi)

Odaily Planet Daily reports that Gate has announced a strategic partnership with brokerage infrastructure provider Alpaca to launch stock and ETF trading services for Gate users, bridging the investment gap between digital assets and traditional financial markets. Leveraging Gate's global digital asset ecosystem and Alpaca's brokerage infrastructure and market access capabilities, the two companies will jointly create a more convenient and efficient multi-asset investment experience. Through this partnership, Gate will launch stock trading services, providing users with trading opportunities in over 10,000 stocks and ETFs across major U.S. securities markets, including those listed on the New York Stock Exchange and Nasdaq. The platform will also support fractional share trading with a minimum investment of $1, offering users more diversified global asset allocation options. Gate founder and CEO Dr. Han stated that the financial system is moving towards greater integration and interconnectivity. As the connection between digital assets and traditional financial markets continues to strengthen, users' demand for efficient access to diverse investment opportunities continues to grow. Through this partnership with Alpaca, Gate will provide users with seamless access to real-world stock market investments while maintaining the convenience and efficiency of its digital asset platform. We believe that multi-asset investment access will become an important part of the next generation of global financial services. Going forward, Gate will work with Alpaca to continue exploring new models connecting digital assets and traditional finance, enhancing global market access, and jointly promoting a more open, efficient, and interconnected multi-asset investment ecosystem.