ChainCatcher reports that, according to Coinglass data, in the past 24 hours, the entire network experienced liquidations of 800 million USD, with long positions liquidated at 597 million USD and short positions at 204 million USD. Among them, Bitcoin long liquidations amounted to 201 million USD, Bitcoin short liquidations to 66.151 million USD, Ethereum long liquidations to 216 million USD, and Ethereum short liquidations to 78.3129 million USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Reputed Analyst Claims Fake Pump for BTC, Remains Highly Bullish for the Coming Weeks
Reputed analyst confirms fake pump for BTC.
He remains highly bullish for the coming weeks and bearish for the long-term.
He expects BTC to pump to the $78,000 – $88,000 price range before a greater dump.
The current crypto market has resulted in a surprising turn of events for
CryptoNewsLand24m ago
Bitwise funds the Bitcoin ecosystem through ETF profits, donating a total of $380,000 over two years.
Cryptocurrency asset management firm Bitwise announced that the second donation to open-source Bitcoin developers is $233,000, bringing the total donations to over $383,000. The funds come from 10% of the gross profit from BITB management fees. The donations are distributed among three organizations to ensure support for Bitcoin ecosystem development. BITB has been steadily growing in the market, with a total capital inflow of $2.2 billion, ranking third among U.S. Bitcoin spot ETFs.
MarketWhisper24m ago
Gate Research Institute: BTC has not yet decoupled from SaaS technology companies | Palantir criticizes Anthropic's safety restrictions
Cryptocurrency Overview
BTC (+7.17% | Current Price 72,443.1 USDT)
Bitcoin surged over 7% on Wednesday, driving the total market capitalization of the crypto market back above $2.5 trillion, with a daily increase of approximately 5.5%. This rebound was mainly driven by short squeeze. Previously, influenced by the Iran situation, the market experienced a concentrated sell-off, and the funding rate for Bitcoin perpetual contracts briefly dropped to extremely low levels. As geopolitical risks did not further escalate, funds that had previously taken bearish positions began to close their positions, leading to a rapid price rebound. Vetle Lunde, Head of Research at K33 Research, pointed out that Bitcoin's weekly RSI once dipped to 26.84, marking the third-lowest oversold level in history, providing technical support for the rebound.
ETH (+8.36% | Current Price 2,111.66 USDT)
On Wednesday, Ethereum
GateResearch30m ago
Analyst: Bitcoin's new rally is gaining strong momentum, driven by favorable policies and institutional demand
Analyst Owen Lau pointed out that the cryptocurrency market is experiencing a strong rally, especially with Bitcoin breaking through $73,000, related to improved U.S. regulatory environment and active institutional investors. Increased regulatory transparency attracts institutional investment, and crypto assets are gradually integrating into the mainstream financial system. Despite high market volatility, if the trend continues, it may signal the early stages of a recovery, offering long-term investment opportunities. Investors should pay attention to policy developments and capital inflows.
GateNews35m ago
