Gate News, April 13. Coinglass data shows that in the past 4 hours, RAVE liquidation losses totaled $6.24 million. Of that, short liquidations were $5.48 million, accounting for 87.8% of the total liquidation losses; long liquidations were $0.76 million, accounting for 12.2%.

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Fueled by the U.S.-Iran geopolitical conflict, Western banks have accelerated their exit from large-scale commodity trade finance due to compliance and sanctions risks, prompting traders to shift to stablecoins for cross-border settlement. Stablecoins have become an alternative settlement tool; their usage is rising, with market value exceeding $300 billion and on-chain transaction volume reaching $4 trillion.

Musk said on the X platform that xAI’s Grok model is catching up to Anthropic’s Claude Opus 4.6, with a prediction it will come close to parity in May and may surpass it in June. He said that this timeline counts as a long time in the AI field. Claude Opus 4.6 is Anthropic’s flagship AI model and is the strongest version in the Claude 4 series.

Gate News update. On April 12, according to Ai Yi monitoring, the swing whale nemorino.eth sold 2,950 ETH at a price of $2,304.4 about 4 hours ago, worth approximately $6.8M. During April 7 to April 8, the address opened the position at an average price of $2,213. The sold portion has realized a profit of about $267k, while the remaining portion is still up by about $72k.

U.S. well-known angel investor Jason Calacanis expressed optimism about Bittensor and its subnet project Ridges AI on the All-In Podcast, saying that this open-source AI assistant reached about 80% of Claude 4’s performance within 45 days, and highlighting the innovative advantages of decentralization and incentive mechanisms. He also founded the Stillcore Capital fund to focus on investing in the Bittensor ecosystem.

Gate News message. On April 11, according to on-chain analyst Ai Aunt monitoring, this morning a bullish whale address 0x0EA...34a54 opened a position at a cost of 72,720.78 USD with $4.7 million worth of WBTC, and has already liquidated and exited about 4 hours ago. At the $72,536 price level, the address sold 64.7 WBTC, incurring a loss of $12,000.

Gate News: According to the latest Gate TradFi data, LI (Li Auto) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News: According to the latest Gate TradFi data, OJUICE (Orange Juice) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 10, Hyperinsight data shows that on the Hyperliquid platform, 14 million-level mega whales established crude oil positions: 10 opened WTIOIL long positions, and 4 opened BRENTOIL long positions. All are in the long direction, and there are no new shorts entering the market. The WTIOIL long mega whale liquidation price is $87.7, with an open position size of $5.02 million; the BRENTOIL mega whale liquidation price is $87.2, with an open position size of $1.91 million.