1. The thin defense at $82,278 and the largest buy wall at $81,000 both break → over $1 billion liquidated in two days 2. Glassnode: The $81,000 buy wall comes under pressure for the first time, the $86,500 sell wall rejects the rebound, and the first cluster below is at $75,000 3. Double blow from ETFs: BTC sees $484.9 million in outflows in a single day; ETH logs seven consecutive days of outflows (concentrated in the largest product = large institutions reducing holdings) 4. ETH breaks down independently: $2,500/$2,561 lost; Hyperliquid has a cluster of longs at $2,511 + a whale liquidation level at $2,445 5. On-chain: STH single-day realized losses reach ≥29,500 BTC (the highest in nearly four months) vs. easing miner selling pressure (hashrate recovers to 962 EH/s)
I only caught a glimpse of the Up/Down section in Binance Futures. It said it wasn’t available in my region, so I used a VPN to take a look, but I didn’t really understand the rules. After upgrading, I can’t see it anymore… Anyone familiar with the Up/Down contracts? Could you explain how they work? Are they even more exciting than event contracts?! 🤔
The contracts for gold and silver Tesla have started trading on exchanges, including Coinbase, which has also launched futures contracts for copper and platinum. It feels like this wave is about to peak. The next step is for excess funds to flow into commodities. It will take some more time before it's crypto's turn...