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Gelonghui, February 23｜According to China Fund News, Bitcoin experienced a sharp decline today, falling below the $65,000 mark, with a low of $64,232.8 per coin. The overall cryptocurrency market showed a downward trend, with several products dropping more than 5%. Data from Coinglass shows that in the past 24 hours, over 130,000 people in the cryptocurrency market were liquidated, with total liquidation amounts reaching $463 million. Of this, long position liquidations amounted to $430 million, while short position liquidations totaled $30.479 million.

According to Odaily, monitoring by Lookonchain shows that a trader (0x7c93) is using maximum leverage to go long on gold and silver, while simultaneously shorting the entire crypto market. Currently, this address has an unrealized profit of over $1.17 million.

Glonghui, February 23｜Choi Tae-won, Chairman of SK Group, the parent company of SK Hynix, has pledged to expand the production of artificial intelligence memory chips to meet the surging demand brought by global data center construction. He stated that high-bandwidth memory chips are "monster chips" and have brought huge profits to SK Hynix. Over the past year, due to record-breaking profits, the stock price of this chip manufacturer has risen more than fourfold. Although he did not specify the scale of the chip company's production expansion, SK Hynix stated in January that its capital expenditure in 2026 would increase significantly compared to last year to meet the demand for HBM chips.