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DBS Bank: The July FOMC meeting of the Federal Reserve should open the door for rate cuts. According to Odaily, Philip Wee, a senior foreign exchange strategist at DBS Bank, pointed out that although the futures market believes the probability of a rate cut by the Federal Reserve in September is over 100%, the twists and turns of the US presidential election and the unwinding of the yen carry trade have made the outlook for the US dollar unclear. Furthermore, against the backdrop of the tech stock selloff, the yen and the Swiss franc have become safe-haven currencies. At the FOMC meeting in July, the Federal Reserve should open the door to a rate cut, but avoid supporting the market's bet on a rate cut in September. After the release of the US unemployment rate data on August 2 and the CPI data on August 14, the Federal Reserve may provide a timeline at the Jackson Hole symposium. $PEPE $SOL $WLD
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Data: The total network liquidation amount in the past 24 hours was $134 million, and the BTC liquidation amount was $49.22 million. According to Coinglass data, the total liquidation amount across the network in the past 24 hours was $134 million, with $69.84 million in long position liquidations and $63.79 million in short position liquidations. Among these, the BTC liquidation amount was $49.22 million, the ETH liquidation amount was $34.24 million, and the SOL liquidation amount was $7.37 million. $PEPE $SOL $WLD
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The past 4 hours saw a total network liquidation of $56,351,000, with the majority being long positions. Odaily data shows that in the past 4 hours, the entire network has experienced a liquidation of $56.35 million, of which the long position liquidation amount was $53.2894 million, and the short position liquidation amount was $3.0617 million. $PEPE $SOL $WLD
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A whale/institution withdrew 1000 BTC, worth approximately $69.44 million, from Binance. PANews reported on July 29 that according to Lookonchain monitoring, a whale/institution withdrew 1,000 BTC, worth about $69.44 million, from Binance 5 hours ago. This whale/institution is related to a whale/institution that deposited 6,600 BTC (worth about $436.57 million) into Binance on July 23 and 25. $PEPE $SOL $WLD
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Stride has released an airdrop update: specific users need to link their Stride address to receive STRD. According to the news from Mars Finance, the Cosmos ecosystem's liquid staking protocol Stride has released an airdrop update on the X platform. The update states that if users have received STRD allocations by holding stTIA or stDYM on the Dymension or Agoric chains, they need to link their addresses to their Stride address to claim the airdrop. If users do not hold stTIA or stDYM on the Dymension or Agoric chains, they do not need to take any action. $PEPE $SOL $WLD
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