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#Liquidations #WhaleActivity In the past 24 hours, there has been a total of $676 million in liquidations across the network, with the majority coming from long positions. $BNB On May 24th, according to Coinglass data, the total value of liquidated positions in the past 24 hours amounted to $676 million. Among them, there were $547 million in long liquidations and $129 million in short liquidations.
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#SHORT📉 #longpositions If Bitcoin falls below $106,000, the mainstream CEX long liquidation volume will reach 874 million. $BTC On May 24th, based on Coinglass data, if Bitcoin drops below $106,000, the cumulative long liquidation intensity of mainstream CEXs will amount to $874 million. Conversely, if Bitcoin exceeds $110,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.183 billion. BlockBeats Notes: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually signify the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Consequently, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it attains a certain level. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity cascade once it reaches that specific point.
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#positionupdate #whalemovement Whale James Wynn liquidated his ETH and SUSHI long positions at a loss of $5.28 million, then doubled down on his BTC long position, which is now down by nearly $20 million. $ETH $SUI On May 24th, as monitored by on-chain data analyst Yu Jin, with the continuous pullback of the market, whale James Wynn has liquidated his long positions in ETH and SUI. The loss data for the two liquidations are as follows: · Liquidated a 25x long position of 24,506 ETH, ultimately incurring a loss of 3.69 million USD; · Liquidated a 10x long position of 4.85 million SUI, ultimately incurring a loss of 1.59 million USD. In addition, his 40x long position in BTC has continued to increase its position, raising the position value again to 1.188 billion USD. The current data is as follows: · Position Value: 1.188 Billion USD · Entry Price: 109,190 USD · Liquidation Price: 104,820 USD · Unrealized Loss: 19.67 Million USD.
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#WCTMomentum #solana Looking for smartmoney onchain WalletConnect is expanding token support to Solana and conducting a 5 million WCT airdrop. $SOL $WCT On May 24th, the cross-chain protocol WalletConnect announced that its governance token WCT has officially landed on the Solana network and will airdrop 5 million WCT to active Solana users. This integration marks the commencement of WalletConnect's "multi-chain process," with integrations with more chains already in the process of development. Pedro Gomes, the founder of the WalletConnect Foundation, stated that the protocol is transitioning from "Ethereum-centrism" to a "chain-agnostic protocol," and its in-depth collaboration with the Solana ecosystem has been ongoing for several months.
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#Whale.Alert #BigBuying Looking for smartmoney onchain Cross-border e-commerce DDC Enterprise has purchased the first batch of 21 BTC and plans to buy an additional 79 BTC in the coming days. ,$BTC On May 24th, as per Businesswire, the cross-border consumer goods e-commerce group DDC Enterprise (NYSE: DDC) announced the accomplishment of the first batch purchase of 21 bitcoins as part of its corporate treasury strategy that incorporates Bitcoin. The company managed to complete this purchase of approximately $2.28 million worth of Bitcoin by means of issuing 254,333 shares of Class A common stock in an equity swap transaction. DDC intends to finish the purchase of the remaining 79 bitcoins in the coming few days, and at that time, its Bitcoin reserve will reach 100 bitcoins. The company's founder and CEO, Norma Chu, disclosed in a shareholder letter that the objective is to accumulate 500 bitcoins within six months and achieve 5,000 bitcoins within three years.
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