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According to Coinglass data, if ETH breaks through $2,425, the cumulative short liquidation intensity on mainstream CEX will reach $808 million. Conversely, if ETH falls below $2,210, the cumulative long liquidation intensity on mainstream CEX will reach $332 million.

According to Coinglass data, if BTC breaks through $78,728, the cumulative short liquidation intensity on mainstream CEX will reach $995 million. Conversely, if BTC falls below $71,942, the cumulative long liquidation intensity on mainstream CEX will reach $716 million.

Alcoa, the American aluminum company, is about to reach a deal with the Bitcoin mining company NYDIG to sell its idle Massena East aluminum smelter located in New York State, expected to be completed by mid-year.The plant has been idle since 2014 and is equipped with a substation, transmission lines, and high-capacity grid access, making it attractive to Bitcoin mining and data center operators due to the hydroelectric resources provided by the New York Power Authority. Reports indicate that some retired industrial sites in the U.S. are being transformed into Bitcoin mining, artificial intelligence, and high-performance computing facilities.

According to on-chain analyst Yu Jin (@EmberCN), the LayerZero token ZRO, which was exploited by hackers in today's rsETH vulnerability incident, dropped 18% on the day, with the price falling from $1.9 to $1.5.Twenty minutes ago, a Polymarket user with the username "greenrooibos" transferred 978,000 ZRO to Binance, worth approximately $1.57 million. This batch of ZRO was withdrawn from Binance two weeks ago, when it was worth about $2.04 million, resulting in a loss of approximately $470,000 for this transfer.

According to on-chain analyst Yu Jin's monitoring, 8.253 million TRUMP were transferred from a BitGo custody wallet to OKX 10 minutes ago, worth 23.44 million USD. By tracing back, it can be seen that these TRUMP originated from a team wallet two months ago.

The strategic director of Spark, monetsupply.eth, posted on platform X that as the stablecoin market begins to lack liquidity, the situation is entering a more dangerous phase. I believe that the ETH market is about 16.5% supported by rsETH, and if the loans supported by rsETH experience losses shared between the mainnet and external chains, there may be a 10% to 15% reduction in emode, leaving a remaining 2% to 3% reduction for ETH suppliers to smooth out the umbrella structure.ETH suppliers naturally tend to exit as soon as possible to avoid this risk, so the utilization rate is locked at 100%, and the borrowing rates are insufficient to incentivize the repayment of unrelated LST cycles (wstETH, weETH) to release liquidity. Since users cannot withdraw ETH, those who borrow stablecoins like USDT and use ETH as collateral cannot close their positions even when stablecoin borrowing rates rise, cutting off the typical incentive mechanism to maintain market health.Currently, two unhealthy incentives are causing the market utilization rate to be locked at 100%: 1) ETH holders cannot close their positions to maintain a healthy LTV, and liquidators cannot atomically withdraw or sell collateral, which may lead to bad debts if the ETHUSD price falls. 2) Users supplying USDT, in order to exit their holdings, tend to maximize borrowing of other stablecoins, which is currently generating positive returns (temporarily), thus the exit cost is low; if conditions worsen, they can at least recover 75% of the position value.The bottom line is that these pooled/re-staked lending markets must maintain liquidity at all costs to operate normally. The recent weakening of slope2 against Aave's maximum borrowing rate is having a negative impact and significantly increasing the risk of failure in the yield market.

Today, the KelpDAO hacking incident has caused Aave approximately $177 million to $200 million in bad debt, prompting a large number of whales to withdraw funds from Aave for hedging purposes.According to Defillama data, as a result, Aave's TVL has continued to decline from about $22 billion this morning, now reported at approximately $20.7 billion, a decrease of about 21.6% from around $26.4 billion yesterday.

According to token unlock data from the crypto asset data platform RootData, AltLayer (ALT) will unlock approximately 24.659 million tokens at 8:00 AM Beijing time on April 26, worth about 1.77 million USD.

According to token unlock data from the crypto asset data platform RootData, Sahara (SAHARA) will unlock approximately 72.4 million tokens at 00:00 Beijing time on April 26, worth about 1.56 million USD.

At the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum held in Hong Kong, guests including KiteAI's Asia Pacific head Laughing, Sentient's Asia Pacific head Anita, Brevis content director Nic Tang, Mentis product head Jerry, and Predict.fun's Asia Pacific BD head Ah Huang Ricardo engaged in a roundtable discussion on the theme "AI × Crypto --- The Next Generation Digital Economy Foundation."Regarding whether the outbreak of open-source AI Agents (such as "raising lobsters") is a short-term sentiment or a long-term trend, Laughing believes this marks a paradigm shift of AI from "conversational" to "executive," signaling the beginning of a long-term trend. However, Agents lack a physical identity, making it difficult for merchants to trust their trading behavior, and issues of data leakage and uncontrollability remain obstacles that must be overcome for scaling. Jerry pointed out, based on his own usage experience, that current Agents face security risks such as memory confusion, infinite loops consuming tokens, and accidental file deletions. Although newly emerged Agents have improvements, they still have shortcomings. Ah Huang Ricardo stated that behind the short-term sentiment is real user demand, but truly reproducible profitable trading Agents are still very rare, and there is a long way to go.Addressing core bottlenecks such as trust, security, and verifiability, Nic Tang emphasized that the current execution process of Agents is like a black box, where users cannot verify whether their decisions are executed as promised. Zero-knowledge proof technology can mathematically prove the source of the Agent's output and compliance of behavior while not exposing privacy. Anita added that Sentient is committed to building an open and collaborative AI agent network, promoting the deep integration of AI and blockchain in identity, data, and incentive layers, providing foundational support for the next generation digital economy.Regarding the application scenarios that may scale first, the guests generally believe that the programming field is relatively mature, and Agents in prediction markets perform better than humans in specific tracks due to their rationality and lack of emotions. In the short term, they are optimistic about API Marketplace and cross-platform shopping Agents, while in the medium term, they are optimistic about content creation AI (such as AI influencers). Agent-to-Agent interaction and the Agent/Skill Marketplace are seen as important future trends.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $326 million, with long positions liquidated at $265 million and short positions liquidated at $61.5692 million. Among them, Bitcoin long positions were liquidated at $59.0855 million, Bitcoin short positions at $6.2456 million, Ethereum long positions at $61.0588 million, and Ethereum short positions at $6.72 million.In addition, in the last 24 hours, a total of 198,137 people were liquidated globally, with the largest single liquidation occurring in Hyperliquid - ZRO-USD worth $3.1752 million.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.0052%. Among the current mainstream exchanges, the rate on Binance is -0.0113%, OKX is -0.0036%, Bybit is -0.0096%, and Gate is 0%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0025%. Among the current mainstream exchanges, the rate on Binance is -0.0072%, OKX is -0.001%, Bybit is -0.0019%, and Gate is -0.0018%.

At the "Crypto 2026: From Cryptocurrency to Smart Economy" forum held in Hong Kong, Gongye Feng, co-founder and CEO of Monera Digital, delivered a keynote speech titled "AI Empowered Private Banking for the Smart Economy."Feng pointed out that what disappeared after 2022 was not the demand for digital assets, but the market's confidence in the ways capital could enter. Monera Digital positions itself as an AI private bank for the smart economy, where the core is not using AI as traders, but as an accelerator that compresses the research, testing, and iteration cycles from months to days.He emphasized that risk control must be institutionalized rather than personalized. Monera has built four lines of defense: constraints on exposure and collateral at the source, automated clearing and margin management, complete isolation of client assets, and eliminating maturity mismatches while maintaining liquidity buffers. In addition, AI plays the role of a 24/7 digital CRO, achieving a leap from passive monitoring to proactive warning.In terms of service model, Monera does not operate as a pure technology platform, but insists on "anti-AI illusion," where AI is responsible for optimization and efficiency, while trust, responsibility, and continuity of relationships are still borne by humans. Feng believes that the prerequisite for crypto assets to truly become configurable assets is to translate complexity into clear, continuous, and trustworthy private banking services.

According to on-chain analyst Yu Jin's monitoring, the amount of funds withdrawn from Aave today has reached 6.6 billion dollars, half of which is stablecoins. After a large amount of funds were withdrawn, both deposit and borrowing rates surged, with the deposit rate for USDT and USDC stablecoins reaching 13.4% and the borrowing rate hitting 15%.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.475 billion, with long positions totaling $1.758 billion, accounting for 50.59% of the holdings, and short positions totaling $1.717 billion, accounting for 49.41%. The profit and loss for long positions is -$23.2692 million, and for short positions, it is -$5.6114 million.Among them, the whale address 0x0ddf..02 has shorted BTC with a full margin at a price of $67,992.1, currently showing an unrealized profit and loss of -$6.9579 million.

Morpho stated: "Shortly after the KelpDAO and LayerZero incidents, Morpho has, as a precaution, suspended the OFT cross-chain bridge for MORPHO tokens on Arbitrum. The cross-chain functionality on Arbitrum will remain suspended until the root cause of the rsETH incident is identified."

According to Cointelegraph, Iran has designated Bitcoin for paying the oil transit fees in the Strait of Hormuz, but insiders say that most of the funds are still settled through stablecoins.Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Products Exporters Union, stated that each tanker must report its cargo information to Iranian authorities via email, after which Iran will inform the amount of the fee to be paid, which must be paid in cryptocurrency. "Once the email arrives and Iran completes the assessment, the vessel will be given a few seconds to pay in Bitcoin, ensuring that it cannot be tracked or confiscated due to sanctions."

According to GMGN data, the market capitalization of the ETH chain meme coin ASTEROID has surpassed a new high of 170 million USD, currently reported at 166 million USD, with a daily increase of over 900%.Meme coin prices are highly volatile, and investors should be aware of the risks.