Crypto Market Shock: Short Liquidations Reach $2.739 Billion

$2.739 billion in short positions have been liquidated, setting a record for the largest short squeeze to date. Bitcoin is expected to reach $100,000 by March next year. Ansem is optimistic about the performance of Robinhood's on-chain related assets. Coinbase's CEO stated that the CLARITY Act is expected to receive 60 votes of support in the Senate by September 15. Tom Lee believes that Robinhood will perform better over the next decade, although there remains uncertainty in market regulation. Hyperliquid AQAv2 is set to launch on August 26, with an expected annual buyback increase of $135 million to $160 million in HYPE. The head of Galaxy Research revealed that the U.S. SEC plans to propose exclusive rules for crypto assets, potentially providing a legal pathway for token issuance in the U.S. Arthur Hayes pointed out that the Bitcoin short squeeze may restart the Ethena flywheel, with ENA yields expected to improve. Vitalik has released.

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