🌞 Midday Briefing · September 13
Over the past 24 hours, a total of $137.5 million was liquidated, with $75.9 million in long positions versus $61.6 million in short positions—leverage longs got hit even harder. The most concentrated wave was at 11:00 that hour: BTCUSDT long positions were wiped out by $48.8 million, while short positions were only $12.3 million. The one-sided beating was very obvious. On the macro side, there are no data or events that directly line up; the A-share power sector has rebounded and SpaceX weight adjustments are also related but separated from crypto by another layer. The reason for this dip remains unclear—it could simply be leverage purging during the Asian trading session. The Fear and Greed Index is 61, still in the greed zone, showing no clear change versus yesterday, meaning those who dared to enter haven’t fully exited. This implies that above $77,000, long positions remain crowded with supply. Jiang Zhuoer also mentioned that the chips above 76,000 may be liquidated, and the risk of liquidations for chasing longs in the short term is not low. Liquidations only indicate crowded leverage—not a directional signal. One-line takeaway: both longs and shorts haven’t left the arena; the grindy, choppy range-bound pattern is likely far from over.
Liquidations & Cleansing:
· Long.xyz may support tokenization of 1x long-bottom pools for OpenAI and Anthropic tokens
· Jiang Zhuoer: Bitcoin may liquidate the long chips above $76,000 and then pull back, maintaining full-position short on Bitcoin plus Ethereum spot
· Jiang Zhuoer: Bitcoin may surge to $76,000, then pull back, maintaining full-position short on Bitcoin plus Ethereum spot
On-chain Anomalies:
· With tens of thousands of dollars in trades, Meme generated over a million dollars in profit in a single week; today, a mega whale has laid out a fresh on-chain position in a low market-cap asset
· Bonk Guy responds to controversy over the EMBER address cluster: there is no internal cluster controlling more than 50% of supply; it’s due to distribution from a turntable wallet
· A certain whale spent $4.4 million yesterday to buy 15.06 million STONK
Market Sentiment: Fear and Greed Index 61 (Greed)
US tech stocks surged, and the VIX fell by more than 11% in a single day—risk appetite clearly rebounded. But BTC is still around $77,225, down just -0.07% over 24 hours, basically unchanged. ETH at -0.14% also didn’t keep up. US 10-year Treasury yields rose by 3.1 bps to 4.975%, and the cost of capital for non-yielding assets remains high—this is likely why BTC didn’t fully catch the wave of improving risk appetite. The heat is out on the sidelines (US stocks), but the chill is in crypto—don’t treat the US stock rally as a reason to chase longs.
$BTC #BTC #Liquidations
In the afternoon, will you focus more on whether liquidations continue to spread, or whether funds will flow back?
I’ve been trading US stocks for 3 years—came to crypto only because Binance can now trade US stocks. There are two briefings daily, morning and evening; you can keep an eye on those.
Over the past 24 hours, a total of $137.5 million was liquidated, with $75.9 million in long positions versus $61.6 million in short positions—leverage longs got hit even harder. The most concentrated wave was at 11:00 that hour: BTCUSDT long positions were wiped out by $48.8 million, while short positions were only $12.3 million. The one-sided beating was very obvious. On the macro side, there are no data or events that directly line up; the A-share power sector has rebounded and SpaceX weight adjustments are also related but separated from crypto by another layer. The reason for this dip remains unclear—it could simply be leverage purging during the Asian trading session. The Fear and Greed Index is 61, still in the greed zone, showing no clear change versus yesterday, meaning those who dared to enter haven’t fully exited. This implies that above $77,000, long positions remain crowded with supply. Jiang Zhuoer also mentioned that the chips above 76,000 may be liquidated, and the risk of liquidations for chasing longs in the short term is not low. Liquidations only indicate crowded leverage—not a directional signal. One-line takeaway: both longs and shorts haven’t left the arena; the grindy, choppy range-bound pattern is likely far from over.
Liquidations & Cleansing:
· Long.xyz may support tokenization of 1x long-bottom pools for OpenAI and Anthropic tokens
· Jiang Zhuoer: Bitcoin may liquidate the long chips above $76,000 and then pull back, maintaining full-position short on Bitcoin plus Ethereum spot
· Jiang Zhuoer: Bitcoin may surge to $76,000, then pull back, maintaining full-position short on Bitcoin plus Ethereum spot
On-chain Anomalies:
· With tens of thousands of dollars in trades, Meme generated over a million dollars in profit in a single week; today, a mega whale has laid out a fresh on-chain position in a low market-cap asset
· Bonk Guy responds to controversy over the EMBER address cluster: there is no internal cluster controlling more than 50% of supply; it’s due to distribution from a turntable wallet
· A certain whale spent $4.4 million yesterday to buy 15.06 million STONK
Market Sentiment: Fear and Greed Index 61 (Greed)
US tech stocks surged, and the VIX fell by more than 11% in a single day—risk appetite clearly rebounded. But BTC is still around $77,225, down just -0.07% over 24 hours, basically unchanged. ETH at -0.14% also didn’t keep up. US 10-year Treasury yields rose by 3.1 bps to 4.975%, and the cost of capital for non-yielding assets remains high—this is likely why BTC didn’t fully catch the wave of improving risk appetite. The heat is out on the sidelines (US stocks), but the chill is in crypto—don’t treat the US stock rally as a reason to chase longs.
$BTC #BTC #Liquidations
In the afternoon, will you focus more on whether liquidations continue to spread, or whether funds will flow back?
I’ve been trading US stocks for 3 years—came to crypto only because Binance can now trade US stocks. There are two briefings daily, morning and evening; you can keep an eye on those.
