🔥 【$4.52 billion in liquidations across the entire network in 24 hours! The signals behind the $190 million ETH short liquidation】
📌 Core Interpretation: A short-led sell-off! ETH's single cryptocurrency contributed over 40% of the liquidation volume, suspected to be directly related to the intensified long-short battle among institutions ahead of the ETF listing.
Three main behind-the-scenes drivers
1️⃣ Countdown panic for ETH spot ETF
Final approval for BlackRock/Fidelity and other ETFs is imminent (key window on July 23)
Whales are betting on volatility in advance: Deribit ETH options IV breaks 120%, hitting a new high for the year
2️⃣ Binance new coin effect chain reaction
ERA's first-day volatility reached +48% → -22%, high-leverage players faced double-sided liquidation
Associated altcoin contracts showed abnormal movements (OP/STRK 24H liquidation volume surged by 300%)
3️⃣ Macro black swan disturbances
The Bank of Japan's sudden interest rate hike expectations are rising, tightening liquidity in risk assets
Risk aversion spreads ahead of the earnings week for tech stocks in the US
💎 Binance contract risk control guide
+ Opportunity zone: ETH volatility arbitrage (buy straddle options)
! Minefield warning: High leverage chasing up and down (especially ETF-related coins)
# Defensive strategies:
- Ladder-style take profit and stop loss (suggested <20x leverage)
- Shift part of the position to [BNB fixed-term wealth management] to hedge volatility
🌪️ Community hot comments
“This wave of ETH long and short killing is like a rehearsal for Wall Street —
The dealer smashes the market with their left hand to clear leverage, while using their right hand to buy low in anticipation of the ETF launch” — Derivatives Analyst @CryptoHedge
📊 Real-time liquidation monitoring map 👉 Binance contract dashboard
⚠️ Reminder: During periods of extreme market volatility, it is recommended to enable the [Binance Smart Stop Loss] function to prevent needle spikes
📍 Liquidation data source: Coinglass | Foresight News
Design Strategy:
Data Visualization: Present long-short strength comparisons intuitively using tables/symbols, highlighting ETH's abnormal share
Attribution Hotspotting: Strongly correlate liquidations with three major focal points: ETH ETF approval, new coin listings, and macro events
Solution-oriented: Provide actionable derivatives strategies (volatility arbitrage + hedging solutions)
Community Resonance: Cite KOL viewpoints to enhance credibility, hinting at the possibility of institutional manipulation to spark discussion
Risk warning scenario: Bind exclusive Binance features (smart stop loss) to enhance platform value
