$BNB

One shot in the morning, the total liquidation amount across the network reached $331 million,

of which the long position liquidation amount was approximately $322 million,

and the short position liquidation amount was about $8.1794 million.

Currently, it looks like a whale hunting operation:

The giant whale James Wynn was liquidated for 949 bitcoins (approximately $99.3 million) when Bitcoin fell below $105,000.

This single big fish accounted for nearly one-third!

(Deserved it, you made your leverage too heavy) The most nervous

is the imminent options market.

According to Deribit data, 93,000 bitcoin options and

624,000 ethereum options are about to expire, with a notional

value of $9.79 billion and $1.62 billion respectively.

The Put Call Ratio for bitcoin options is 0.89,

with the maximum pain point at $100,000. The Put Call Ratio for ethereum options

is 0.81, with the maximum pain point at $2,300.

This is not financial advice! Entering the market requires caution!

I will still save my BNB and go for Alpha!