Bitcoin dropped to $72,978 after US airstrikes on Iran near the Strait of Hormuz. Nearly $1 billion in crypto liquidations hit 167,706 trader accounts within hours.
HYPE hits $61 ATH as $33.5M in shorts are liquidated and Nasdaq ETFs pull in $53.5M in a week. Hyperliquid now generates over 40% of all DeFi derivatives fees.