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According to Coinglass data, in the past 24 hours, the total liquidation across the network was $435 million, with long positions liquidated at $288 million and short positions liquidated at $146 million. Among them, Bitcoin long positions were liquidated at $113 million, Bitcoin short positions at $52.1323 million, Ethereum long positions at $98.6102 million, and Ethereum short positions at $52.2739 million.In addition, in the last 24 hours, a total of 108,237 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $11.9852 million.

According to Gate market data, the US dollar index, which measures the dollar against six major currencies, fell by 0.03% on the 27th, closing at 98.231 in the foreign exchange market. 1 euro exchanged for 1.1721 US dollars, up from 1.1713 US dollars the previous trading day; 1 pound exchanged for 1.3534 US dollars, up from 1.3521 US dollars the previous trading day. 1 US dollar exchanged for 159.44 Japanese yen, down from 159.45 Japanese yen the previous trading day; 1 US dollar exchanged for 0.7857 Swiss francs, up from 0.7855 Swiss francs the previous trading day; 1 US dollar exchanged for 1.3629 Canadian dollars, down from 1.3673 Canadian dollars the previous trading day; 1 US dollar exchanged for 9.2252 Swedish kronor, down from 9.2304 Swedish kronor the previous trading day.

According to Coinglass data, if ETH breaks through $2,398, the cumulative short liquidation intensity on mainstream CEX will reach $1.291 billion. Conversely, if ETH falls below $2,177, the cumulative long liquidation intensity on mainstream CEX will reach $392 million.

According to Coinglass data, if BTC breaks through $80,419, the cumulative short liquidation intensity on mainstream CEX will reach $2.549 billion. Conversely, if BTC falls below $73,539, the cumulative long liquidation intensity on mainstream CEX will reach $1.079 billion.

a16z crypto released an analysis report titled "The New Stack of Global Finance: The Stablecoin Edition." The report points out that stablecoins have evolved from niche trading tools into fundamental financial pipelines, giving rise to a new type of "banking as a service" model that is driving the reconstruction of the financial system. The report believes that the transition to on-chain finance has "crossed the point of no return."The report categorizes blockchains into three types: general-purpose chains (such as Solana, Ethereum, and L2), payment-specific chains (such as Stripe's Tempo), and institutional networks (such as Canton). It also notes that the bottlenecks in the banking industry are easing, with a number of crypto-friendly banks actively connecting on-chain infrastructure with traditional fiat systems. The competition for stablecoin issuance has shifted to regulatory positioning, with issuers vying to obtain OCC national trust charters.The report states that payments are the "first act," while credit may be the more important "second act." The large-scale issuance of stablecoins will give rise to a new on-chain credit market, allowing capital to form outside the traditional banking system. The report also emphasizes that stablecoins not only enhance the dominance of the dollar but also provide emerging market users with access channels to the dollar.

According to Coinglass data, if ETH breaks through $2,424, the cumulative short liquidation intensity on mainstream CEX will reach $1.254 billion. Conversely, if ETH falls below $2,212, the cumulative long liquidation intensity on mainstream CEX will reach $641 million.

According to Coinglass data, if BTC breaks through $81,549, the cumulative short liquidation intensity on mainstream CEX will reach $2.076 billion. Conversely, if BTC falls below $74,502, the cumulative long liquidation intensity on mainstream CEX will reach $1.706 billion.

According to on-chain analyst @ai_9684xtpa, the Galaxy Digital OTC associated address (0x16F...1Fde) deposited 15,000 ETH to the exchange, worth $34.74 million.The source of these funds was 38,000 ETH withdrawn from Aave a week ago, which was on the day Kelp DAO was attacked, causing Aave to reportedly have bad debts.

The Block announced the appointment of senior media and technology executive Steve Chung as CEO to drive the company's institutional expansion. At the same time, Foresight Ventures committed to an additional $10 million investment to support its next phase of development.Former CEO Larry Cermak will continue to serve as president, focusing on research and product operations. Steve Chung's career began at Goldman Sachs, where he served as Chief Growth Officer at Fox Corporation, Chief Digital Officer at Fox Television, CEO of CJ ENM America, and Chief Operating Officer at Azuki. He stated that he will leverage AI to enhance the depth, speed, and practicality of insights, transforming The Block into a global platform for digital asset investors and decision-makers.Foresight Ventures partner Zac Tsui stated that Steve's background in capital markets, media, and the crypto industry makes him the ideal leader to guide the company in becoming a global institutional platform.

According to on-chain analyst Yu Jin's monitoring, Strategy holds a total of 818,334 BTC, with an average cost price of $75,537, resulting in an unrealized profit of approximately $1.906 billion (+3.1%); BitMine holds a total of 5,078,386 ETH, with an average cost price of $3,570, resulting in an unrealized loss of approximately $6.343 billion (-35%).

According to PR Newswire, BitMine increased its holdings by 101,901 Ethereum last week, marking the highest weekly purchase volume since the week of December 15, 2025. As of April 26, 2026, its total Ethereum holdings reached 5,078,386, accounting for approximately 4.21% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately $13.3 billion, which includes $940 million in cash, 200 Bitcoins, $200 million in equity assets from Beast Industries, and a $91 million investment in Eightco Holdings (ORBS). Additionally, it has staked 3,701,589 Ethereum (73% of total holdings), valued at approximately $8.8 billion, with a current annualized staking yield of about $264 million.BitMine Chairman Tom Lee stated that the company's ETH holdings surpassed 5 million this week, achieving this accumulation in just 10 months, and has completed 84% of its goal to hold 5% of the total ETH supply. Tom Lee noted that multiple research reports suggest ETH is gradually becoming a "store of value" asset and will be used as collateral in digital asset financial transactions. Since the outbreak of the U.S.-Iran war, ETH has outperformed the S&P 500 by 1,696 basis points, making it one of the best-performing assets globally (second only to crude oil).He also pointed out that Ethereum continues to benefit from the dual drivers of Wall Street's on-chain tokenization and the growing demand for public neutral blockchains from AI intelligent systems, indicating that this round of the crypto winter has entered its final phase.

Strive CEO Matt Cole posted on the X platform that Strive purchased 7,89 bitcoins for $61.43 million, with an average cost of approximately $77,890.As of 2026, the institution holds a total of 14,557 bitcoins.

The Spark protocol released its financial report for the first quarter of 2026 on April 27.The report shows that the gross protocol return for the quarter was $31.5 million (a 31% decrease quarter-over-quarter), the net protocol return was $6.91 million (a 30% decrease quarter-over-quarter), and the net protocol surplus was $3.46 million (a 47% decrease quarter-over-quarter). The protocol treasury reached a size of $46.1 million at the end of the quarter (a 5.7% increase quarter-over-quarter). Additionally, Spark launched a SPK token buyback program, investing $986,000 to repurchase tokens from the open market.The revenue structure for this quarter has shifted, with distribution rewards becoming the largest net return contributor to the protocol ($3.31 million), surpassing the net income from Spark Liquidity Layer (SLL) for the first time. The average deployed capital for SLL was $1.93 billion, with an average annualized yield of 5.8%. SparkLend continues to support institutional-level lending operations, with its USDT savings treasury continuing to grow. The Spark institutional lending product deployed $150 million at the end of the quarter, with governance approving its $1 billion cap.The report noted that the current unfavorable conditions in the DeFi lending market have led to a narrowing of the SLL interest margin, but the protocol's distribution business has seen significant growth. USDS, as a scalable savings-based return mechanism in a poor market environment, is continuously expanding its distribution channels to multi-chain and various stablecoins.

According to on-chain monitoring data, Gate's hot wallet transferred out 299.999726 PAXG (approximately $1.4092 million). The PAXG market shows a current price of about $4690.54, with a market capitalization of approximately $2.26 billion.

Recently, Gate predicts that the market expectations for Ethereum's price performance on April 27 are highly consistent. Data shows that the current probability of "ETH being above $1800" and various ranges such as "$1900/$2000/$2100" all reach 100%, while the probability of being above $2200 also reaches 99%, indicating a significantly bullish market sentiment. In contrast, the probability for $2300 is about 72%, while the probability for above $2400 drops sharply to 7%, reflecting a divergence in short-term upward expectations.Users can directly access the prediction market through the Gate App, entering the Polymarket page from the platform's homepage Alpha, and participate in event predictions using USDT in their exchange accounts. This integration marks a key step for Gate in merging the crypto trading ecosystem with prediction markets, providing users with a diversified market experience from expectation judgment to trading participation.It is worth noting that Gate's performance in the Polymarket partnership channel continues to improve, currently ranking in the top two, with a significant expansion in user participation scale. The cumulative trading volume has reached $24.87 million, with a total of 206,055 transactions, reflecting the increasing activity and depth of participation of platform users in the prediction market.

According to monitoring by Hyperinsight, in the past hour, 0xbac opened a 40x leveraged BTC short position, with a scale of 11.67 million USD, an average price of 77,749 USD, and a liquidation price at 81,286 USD. In addition, this address has also placed a market take-profit order, planning to close the position when BTC drops to the integer level of 70,000 USD.

According to Coinglass data, if ETH breaks through $2,436, the cumulative short liquidation intensity on mainstream CEX will reach $1.157 billion. Conversely, if ETH falls below $2,218, the cumulative long liquidation intensity on mainstream CEX will reach $601 million.

According to Coinglass data, if BTC breaks through $81,621, the cumulative short liquidation intensity on mainstream CEX will reach $1.848 billion. Conversely, if BTC falls below $74,493, the cumulative long liquidation intensity on mainstream CEX will reach $1.581 billion.

According to monitoring by Hyperinsight, a major BTC short position (0x004) briefly fell into unrealized losses today as the BTC price dropped below its cost line, creating an opportunity for the short position to close. The whale then continued to reduce its position.As of 10 minutes before this report, it had completely closed all positions, with an average closing price of $77,893, realizing a small profit of about $41,000 compared to the average opening price of $78,000. The previous position size was 170 BTC, approximately $13.26 million.