According to Coinglass data, in the past 24 hours, the total liquidation amount across the network was $167 million, with long liquidations amounting to $102 million and short liquidations amounting to $65.147 million. Among them, Bitcoin long liquidations reached $29.2717 million, Bitcoin short liquidations totaled $24.4228 million, Ethereum long liquidations amounted to $30.3841 million, and Ethereum short liquidations were $7.6556 million. Additionally, in the last 24 hours, a total of 84,440 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $7.0072 million.
On December 24, according to Arkham monitoring, a certain segment trader has currently realized and unrealized profits of 12.5 million USD from a BTC short position held for 2 months. Due to the extremely long holding period, the funding fee earnings generated from this single trade alone amount to as much as 9.6 million USD. In addition, they also hold BTCB valued at 3.5 million USD on the BNB Chain.
December 24, this Friday, approximately 23.6 billion dollars worth of Bitcoin options will expire, marking the largest options expiration date in Bitcoin's history. Analysis indicates that the scale of this expiration date is enormous and generally leaning bullish. The maximum pain point (referring to the price level at which option buyers suffer the greatest loss and sellers gain the most profit at expiration) is 96,000 dollars, which will reinforce the upward price trend.
According to Lookonchain monitoring, a certain Ethereum IC0 address (0x3495) has transferred all 2000 ETH it held to a new wallet today after being dormant for over 10 years, worth 5.85 million dollars. This address invested only 620 dollars to acquire 2000 ETH during the IC0 period, and the current return rate has reached 9435 times.
On December 24, CryptoQuant analyst @AxelAdlerJr posted that the net pressure slope indicator, which measures the buying and selling pressure ratio of short-term holders, has dropped to the bottom 5% of its three-year distribution. The current level indicates that buyers and sellers are in a state of balance. The net pressure slope indicator is calculated as the difference between the weighted selling pressure and buying pressure of short-term holders. Positive values indicate that current selling pressure is high, while negative values indicate that buying pressure is high. The current 24-hour net pressure moving average value is 4.79, with a price of $87,324. The median over the past three years is 73.17, indicating that during growth periods, selling pressure typically dominates. The analyst points out that the market shows that the buying and selling pressure of short-term holders is in a balanced state. Historically, this balance period has not been stable, often turning upward during bull markets, and then reverting to selling pressure. However, the current situation is more complex, with prices having remained below the STH actual price by 13.9% for nearly two months, causing short-term holders to incur losses, and the market has entered a bear phase. If prices fall below $85,000 and net pressure is below -15, it would indicate that the magnitude of the pullback will further increase.
According to Jin Shi reports, CME's "Federal Reserve Watch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 13.3%, while the probability of keeping the interest rate unchanged is 86.7%. By March next year, the cumulative probability of a 25 basis point rate cut is 40.7%, while the probability of keeping the interest rate unchanged is 54.4%, and the cumulative probability of a 50 basis point rate cut is 5%.
According to Coinglass data, if ETH breaks through $3,086, the cumulative short liquidation intensity of mainstream CEX will reach $1.599 billion. Conversely, if ETH falls below $2,796, the cumulative long liquidation intensity of mainstream CEX will reach $791 million.
According to Coinglass data, if BTC breaks through $92,167, the cumulative short liquidation intensity of mainstream CEX will reach $2.108 billion. Conversely, if BTC falls below $83,427, the cumulative long liquidation intensity of mainstream CEX will reach $1.367 billion.