Odaily Planet Daily News According to technical analyst @ali_charts, if Ethereum successfully breaks through the $4,000 price level, its next potential target price may rise to $6,400.

According to @lookonchain monitoring, an address bought 1,390 WETH (worth approximately $5.556 million) at the price of ETH when it broke through $4,000. The address then deposited the WETH into Aave and borrowed 52.83 WBTC (approximately $6.17 million), which was then exchanged for 1,539 WETH (worth approximately $6.17 million).

According to Coinglass data, the total amount of liquidated positions across the entire network reached $35.51 million in the past hour, of which $33.29 million was caused by short positions. Ethereum short positions were particularly affected, with liquidations reaching $24.17 million.

According to the monitoring of crypto analyst Aunt Ai @ai_9684 xtpa, the address AguilaTrades currently holds a total floating profit of BTC and ETH long positions of US$5.11 million, of which the floating profit of ETH long positions reaches US$5.01 million. Specifically, the address holds a BTC long position with 40x leverage, holding 1,277.75 coins at an opening price of $115,968; and an ETH long position with 25x leverage, holding 20,296.06 coins at an opening price of $3,783.1.

According to Odaily's OKX market data, ETH has surpassed 4,000 USDT, currently trading at 4,000.8 USDT, a 24-hour increase of 3.78%. (This newsletter was generated with AI assistance.)

Solana, the digital asset treasury company led by Joe McCann, who also served as co-founder and CEO, has terminated its planned IPO via a SPAC merger with Gores Holdings X, a deal that was expected to raise up to $1.5 billion. Sources familiar with the matter revealed that the specific reason for the termination of the transaction has not been made public, and the company may explore other avenues for listing in the future. Previous reports indicate that McCann's hedge fund, Asymmetric, has lost nearly 80% this year, and that the newly established Solana treasury platform, Accelerate, had planned to raise $1.5 billion and appoint McCann as CEO. (Blockworks)