Wu said that OKX market data shows that Ethereum has continued to rise in the early hours of today, reaching a maximum of $4,828.27, currently reported at $4,804.70, with a 24-hour increase of 4.08%; Bitcoin reached a maximum of $117,302.3, currently reported at $116,798.6, with a 24-hour increase of 0.36%. Coinglass data shows that in the past 4 hours, the total liquidation across the network was approximately $397 million, of which short positions accounted for approximately $337 million.