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Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market was $479 million USD, with long positions accounting for $332 million USD and short positions accounting for $148 million USD. The total amount of BTC liquidated was $70.3878 million USD, while ETH liquidations totaled $73.4036 million USD.

Ethereum co-founder Vitalik Buterin has stated that a major overhaul of the leadership structure of the Ethereum Foundation is currently underway, and this change has been ongoing for nearly a year. Some of these changes have already been implemented and announced, while some are still in progress. The main goals to be achieved are: - Enhancing the technical expertise level of the Ethereum Foundation's leadership;- Improving two-way communication and connections between the Ethereum Foundation's leadership and both new and old participants in its ecosystem. The responsibilities of the Ethereum Foundation include supporting: users (individuals and institutions), application developers, wallets, L2;- Introducing fresh talent to increase execution ability and speed;- More actively supporting application developers to ensure important values ​​and inalienable rights (especially privacy, open source, resistance to censorship) are realistic for all users including those at the application layer;- Continuing to increase use of decentralized technology, privacy technology as well as usage on Ethereum chain including payments and fund management. Things that will be avoided in future include: - Implementing any kind of ideological/atmospheric shift;- Beginning active lobbying with regulatory bodies or powerful political figures (especially in America but actually anywhere especially big countries), risking damaging Ethereum’s status as a globally neutral platform; -Becoming an arena for vested interests; -Becoming highly centralized organization or even becoming "the protagonist" within Ethereum.