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**Bequant:** Cryptocurrency Reserves Will Not Be Used for Purchase, Confiscated Assets Will Be Utilized
By: theblockbeats.news|2025/08/14 12:41:35
BlockBeats News, August 14th, U.S. Treasury Secretary Yellen stated that (regarding cryptocurrency reserves) they will not be purchasing and will instead use seized assets. (Golden Finance)
U.S. July PPI YoY 3.3%, Expected 2.5%
In the past 1 hour, there has been a total of $449 million worth of liquidations across the network, mainly from long positions.
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In the past 24 hours, there has been a total of $301 million in liquidations across the entire network, resulting in a long and short squeeze.
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