"Hot Events on June 14, 2025"

1. Israel's military actions against Iran have triggered a significant drop in the crypto market.

Israel officially acknowledged launching attacks against Iran, targeting Iran's nuclear program and military facilities, leading to a rise in global risk aversion. As a result, the price of Bitcoin (BTC) plummeted from $108,000 to around $102,600-104,000, with a 24-hour decline of approximately 5-9%. Ethereum (ETH) fell below $2,500, and other major cryptocurrencies like Solana (SOL) saw declines of over 10%. The total liquidation amount across the network exceeded $1.017 billion in 24 hours, causing heavy losses for long positions.

2. Market value fluctuations of Meme coins on the Solana blockchain

The Meme coin #aura市值回落至1.4亿美元，# LABUBU in the Solana ecosystem has dropped to $42.6 million. The Meme coin has been impacted by the overall market decline, and some investors have expressed concerns about the short-term prospects of the Solana ecosystem.

4, Ethereum open interest hits new high, risk intensifies

The open contract amount for Ethereum has exceeded 20 billion dollars, setting a new historical high. The accumulation of financial leverage has led to a sharp increase in gamma hedging and gap risks, further intensifying market volatility. Investors should be wary of potential sharp price fluctuations.

5. Market sentiment is influenced by geopolitical factors, leading to a rise in safe-haven assets.

Affected by the Israel-Iran conflict, global market risk aversion has surged, leading to an increase in the prices of traditional safe-haven assets such as gold and crude oil, while the cryptocurrency market has generally declined. Assets like Bitcoin and Ethereum have not been able to remain unscathed, indicating the cryptocurrency market's sensitivity to geopolitical events.