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11:39
If Ethereum breaks $2100, mainstream CEX cumulative short liquidation pressure will reach $652 million
BlockBeats News, February 22nd, according to Coinglass data, if Ethereum breaks through $2100, the cumulative short liquidation strength of mainstream CEXs will reach $652 million. On the other hand, if Ethereum falls below $1900, the cumulative long liquidation strength of mainstream CEXs will reach $506 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, i.e., the strength. Therefore, the liquidation chart shows to what extent the target price will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price will experience a more intense reaction due to a liquidity surge.
11:07
The Jupiter vote on "reducing the net release of JUP to zero" has passed, and the Jupuary airdrop will be postponed indefinitely.
According to Odaily, the voting on Jupiter's proposal to "reduce future net token releases to zero" officially ended at 19:00 today, with the community ultimately passing the proposal with a 75% approval rate. Previously, Jupiter initiated a new proposal aiming to reduce the net release of JUP to zero for the foreseeable future. The proposal mainly targets the three current sources of JUP release — the Jupuary airdrop, team allocation unlocks, and Mercurial allocation unlocks, as follows: First, the Jupuary airdrop will be postponed indefinitely, with all 700 million JUP returned to the community multi-signature cold wallet for future use. The usage and staking snapshot at the current time will be preserved. When the market environment, token status, and market sentiment become more favorable, this matter will be renegotiated with the DAO. Second, the release of tokens to team members will be suspended indefinitely. As an alternative, team members will receive JUP in the form of claims on Jupiter’s balance sheet — if any member wishes to sell their allocated tokens, Jupiter’s balance sheet will directly purchase them. This move will further strengthen JUP reserves and demonstrate the team’s commitment to the future of the JUP token. Third, the selling pressure from Mercurial stakeholders will be fully hedged, accelerating their unlocking process. Jupiter will purchase an equivalent amount of tokens with its own balance sheet to absorb any impact from potential token sales.
10:57
Main 24h Trend: More ETH Whale Limit Sell Orders, Totaling $562 millions
According to the PRO major order list, the total trading data of BTC and ETH major players in the past 24 hours are as follows: BTC: total trading volume of $665 million, of which buy trades amounted to $292 million and sell trades amounted to $372 million, with a trading difference of -$79.95 million. ETH: total trading volume of $562 million, of which buy trades amounted to $216 million and sell trades amounted to $345 million, with a trading difference of -$129 million. The latest data shows that major players are still positioning at key price levels: BTC net pending order difference is $15.23 million, with the largest single order amount reaching $52.09 million; ETH net pending order difference is $298 million, with the largest single order amount at $20.19 million. For specific key levels of large order bets, you can refer to the PRO "Major Order Tracking" indicator. The data is for reference only and does not constitute any investment advice.
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