🔥 Two days after the Non-Farm Payrolls, the futures market took hits on both sides: when Friday surged, shorts were liquidated by about $240 million; when it pulled back, longs were liquidated by about $320 million
⚡ BTC perpetual futures open interest is about $67.9 billion, with leverage still piled near 87,000; ETH daily liquidations also exceeded $100 million
⏰ Before Monday’s ISM, is this leverage gunpowder—or just a deck of cards?
📊 Derivatives data snapshot
· Friday surge (past 24h): liquidations about $333 million; shorts about $244 million
· Saturday pullback (past 24h): liquidations about $434 million; longs about $322 million, accounting for 74%
· BTC liquidations about $104 million (longs $74.5 million | shorts $29.18 million)
· ETH liquidations about $105 million
· BTC perpetual futures open interest about $67.9 billion
🔍 Interpretation
1️⃣ Pump first, then smash—longs chasing the rally and shorts getting in are harvested in turns
2️⃣ A large number of liquidation levels are stacked near 87,000. Once it breaks above, shorts get squeezed again; if it falls below 83,900, it may trigger more cascading liquidations, targeting 80,000
🎯 Key levels: Resistance 87,000 | Support 83,900
Before Monday’s ISM, what’s your derivatives position?
A No position B Light position C Heavy position 👇
$BTC $ETH $SOL #合约爆仓 #爆仓了
⚡ BTC perpetual futures open interest is about $67.9 billion, with leverage still piled near 87,000; ETH daily liquidations also exceeded $100 million
⏰ Before Monday’s ISM, is this leverage gunpowder—or just a deck of cards?
📊 Derivatives data snapshot
· Friday surge (past 24h): liquidations about $333 million; shorts about $244 million
· Saturday pullback (past 24h): liquidations about $434 million; longs about $322 million, accounting for 74%
· BTC liquidations about $104 million (longs $74.5 million | shorts $29.18 million)
· ETH liquidations about $105 million
· BTC perpetual futures open interest about $67.9 billion
🔍 Interpretation
1️⃣ Pump first, then smash—longs chasing the rally and shorts getting in are harvested in turns
2️⃣ A large number of liquidation levels are stacked near 87,000. Once it breaks above, shorts get squeezed again; if it falls below 83,900, it may trigger more cascading liquidations, targeting 80,000
🎯 Key levels: Resistance 87,000 | Support 83,900
Before Monday’s ISM, what’s your derivatives position?
A No position B Light position C Heavy position 👇
$BTC $ETH $SOL #合约爆仓 #爆仓了