long

According to monitoring by Hyperinsight, the largest on-chain liquidation pressure yesterday came from a whale that went long on 4,500 ETH, which has faced six liquidations in total, amounting to approximately $4.91 million, making it the largest liquidation address on-chain today.Currently, this address still holds approximately $9.55 million in long positions, detailed as follows: ETH liquidation of 1,620 (approximately $3.67 million), remaining position of $6.62 million, liquidation price of $2,250; BTC liquidation of 10.8 (approximately $830,000), remaining position of $1.48 million, liquidation price of $70,020; HYPE liquidation of 99,000 (approximately $410,000), remaining position of $1.46 million, liquidation price of $37.45.It is reported that this address opened a 25x leveraged long position in ETH last Monday, and after a week of continuous rolling, it added another 500 ETH yesterday morning. However, it encountered two rounds of market downturns last night and this morning, with three long positions recording a total loss of approximately $610,000.

According to on-chain analyst Ai Yi (@ai 9684xtpa), the current total value of the long position held by Ma Ji Lao Ge, amounting to $79.16 million, has turned from profit to loss, having previously seen an unrealized profit of over $2.7 million.Among them, the BTC long position holds 555 coins, valued at $42.76 million, with an unrealized profit of $456,000; the ETH long position holds 15,600 coins, valued at $35.85 million, with an unrealized loss of $486,000; the HYPE long position holds 12,888.88 coins, valued at $533,000, with an unrealized profit of $4,797.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.454 billion, with long positions of $1.719 billion, accounting for 49.78% of the holdings, and short positions of $1.735 billion, accounting for 50.22%. The profit and loss for long positions is -$22.03 million, and for short positions, it is -$11.2292 million.Among them, the whale address 0x0ddf..02 has shorted BTC with a 3x leverage at a price of $67,992.1, currently showing an unrealized profit and loss of -$9.0579 million.

According to The Block, cryptocurrency mining company MARA's CEO Peter Thiel announced the establishment of a nonprofit organization, the MARA Foundation, dedicated to the long-term health, resilience, and adoption of the Bitcoin protocol. The foundation will support the development of anti-quantum tools (such as PQ wallets and the BIP 360 proposal), believing that while quantum computing is not an immediate threat to Bitcoin, network upgrades take time, and early preparation is crucial.The foundation will also allocate resources to ensure Bitcoin's security budget, support the development of a robust and healthy Bitcoin transaction fee market, and launch a global multilingual education program, expand access to self-custody tools, and engage in advocacy work aimed at policymakers and activists.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $336 million, with long positions liquidated at $275 million and short positions liquidated at $61.0982 million. Among them, Bitcoin long positions were liquidated at $108 million, Bitcoin short positions at $11.3147 million, Ethereum long positions at $94.9353 million, and Ethereum short positions at $16.1164 million.In addition, in the last 24 hours, a total of 97,656 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT worth $76.961 million.

According to on-chain analyst Ai Yi's monitoring, Bitcoin briefly fell below $77,000. The "set 10 big targets" whale @Jason60704294 previously opened a long position of 397.718 BTC, which is currently at a floating loss of $178,000, with a maximum floating loss of $488,000 in the early morning.Yesterday afternoon, Binance saw a buy order for 2,759.11 BTC at a price of $77,686.5, worth $214 million. The community speculates that this position belongs to the whale; if true, the current floating loss would expand to $1.237 million.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $435 million, with long positions liquidated at $288 million and short positions liquidated at $146 million. Among them, Bitcoin long positions were liquidated at $113 million, Bitcoin short positions at $52.1323 million, Ethereum long positions at $98.6102 million, and Ethereum short positions at $52.2739 million.In addition, in the last 24 hours, a total of 108,237 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $11.9852 million.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $450 million, with long positions liquidated at $281 million and short positions liquidated at $169 million.The liquidation amount for BTC reached $167 million, and for ETH, it was $161 million. In the past 24 hours, a total of 110,130 people were liquidated, with the largest single liquidation occurring on the ETH-USDT trading pair on Binance, valued at $11.9852 million.

According to The Block, analysts at research firm Bernstein stated in their latest report that the fundamentals of the crypto market are continuously improving. The recent low of $60,000 for Bitcoin has formed a clear bottom, and the current price is approaching $80,000. Driven by institutional demand, a longer structural bull market is expected.Bernstein analyst Gautam Chhugani pointed out the following core driving factors:Institutional channels continue to expand: Morgan Stanley's Bitcoin ETF and Charles Schwab's spot Bitcoin/Ethereum trading platform have been launched one after another, with about 60% of Bitcoin supply not having moved for over a year, indicating a stable holder structure;Strategy continues to increase holdings: its STRC perpetual preferred stock product attracts income-focused investors, with current holdings reaching 818,334 Bitcoins;Demand for stablecoins reaches an all-time high: stablecoin supply has surpassed $30 billion, decoupling from the price cycle of the crypto market, showing that real payment and settlement demand continues to grow;Tokenization of real assets accelerates expansion: the scale of tokenized assets such as private credit and government bonds has reached $345 billion, a year-on-year increase of 110%.Bernstein also noted that quantum computing poses a long-term potential risk, but the blockchain ecosystem is expected to have ample time to complete the post-quantum security transition.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.486 billion, with long positions of $1.735 billion, accounting for 49.77% of the holdings, and short positions of $1.751 billion, accounting for 50.23%. The profit and loss for long positions is -$7.4547 million, and for short positions, it is -$26.0332 million.Among them, the whale address 0x0ddf..02 has shorted BTC with a full margin of 3 times at a price of $67,992.1, currently showing an unrealized profit and loss of -$9.6289 million.

According to monitoring by Hyperinsight, among the on-chain million-scale long positions, the one under the most liquidation pressure is a whale that "went long 4,500 ETH." The liquidation line for its ETH long position is at $2,273, which is only about $39 away from the current price, making it the one with the highest liquidation pressure among whales with on-chain million-scale positions.It is reported that this address opened a 25x leveraged ETH long position last Monday, and after a week of continuous rolling, it added another 500 ETH today, bringing the current position size to 4,500 ETH, approximately $10.4 million, with an average entry price of $2,337.This morning, the position once had an unrealized profit of over $400,000, but as the market sharply declined, the unrealized profit has been completely wiped out and is facing a strong liquidation risk.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $293 million, with long positions liquidated at $123 million and short positions liquidated at $170 million. Among them, Bitcoin long positions were liquidated at $38.2742 million, Bitcoin short positions at $56.7637 million, Ethereum long positions at $40.334 million, and Ethereum short positions at $70.7189 million.In addition, in the last 24 hours, a total of 87,041 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $11.9852 million.

According to Arkham monitoring, "Brother Magi" is currently long on $44.2 million BTC and $41.8 million ETH on-chain, totaling $86 million. In the past 6 months, he has incurred a loss of $73.44 million trading cryptocurrencies.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.489 billion, with long positions at $1.741 billion, accounting for 49.92% of the holdings, and short positions at $1.747 billion, accounting for 50.08%. The profit and loss for long positions is -$3.8761 million, and for short positions, it is -$29.4683 million.Among them, the whale address 0x0ddf..02 has shorted BTC with a full position at a price of $67,992.1, currently showing an unrealized profit and loss of -$9.6489 million.

According to Jinshi reports, Allianz Chief Economic Advisor Mohamed A. El-Erian stated that the price shocks caused by the Middle East war have pushed market expectations toward an environment of "interest rates remaining at higher levels for a longer period," affecting almost all systemically important central banks, with the sole exception being the Bank of Japan. He pointed out that the current situation, accompanied by negative demand shocks from "second-round effects," poses a potential risk of spreading to financial instability, highlighting the uncertainty of the outlook.

According to Coinglass data, if ETH falls below $2,276, the cumulative long liquidation intensity on mainstream CEX will reach $1.107 billion. Conversely, if ETH breaks above $2,499, the cumulative short liquidation intensity on mainstream CEX will reach $466 million.

According to Coinglass data, if BTC falls below $75,188, the cumulative long liquidation intensity on major CEXs will reach $1.903 billion. Conversely, if BTC breaks above $82,640, the cumulative short liquidation intensity on major CEXs will reach $1.188 billion.

According to on-chain analyst Ai Yi's monitoring, the "two-month profit of 44.61 million dollars from ETH leveraged whales" has a remaining long position of 20,000 ETH, which has once again realized a profit of 2.134 million dollars. The fluctuation from a floating loss of 1.227 million dollars to a floating profit represents a difference of 3.361 million dollars. Its average opening price was 2,287.2 dollars, and there were two instances of position reduction on April 20 and April 21, with a total profit-taking of 1.042 million dollars.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 3.6 billion USD, with long positions totaling 1.805 billion USD, accounting for 50.15% of the holdings, and short positions totaling 1.795 billion USD, accounting for 49.85%. The profit and loss for long positions is 33.6249 million USD, while the profit and loss for short positions is -65.8381 million USD.Among them, the whale address 0x0ddf..02 has shorted BTC with a full position at a price of 67,992.1 USD, currently showing an unrealized profit and loss of -11.2559 million USD.

The Curve team has published a proposal on the governance forum, addressing approximately $700,000 in bad debt generated by the CRV-long LlamaLend market, proposing a recovery mechanism based on the free market.This mechanism utilizes the option characteristics of the CRV-long treasury assets: when the price of CRV rises, the value of the treasury assets increases, and when the price falls, it does not further depreciate. The proposal suggests establishing a Curve stable pool with a low amplification coefficient (A=2) and a high redemption fee (1%), concentrating the liquidity of the treasury tokens around a repayment capability level of approximately 71%. Arbitrageurs can profit by purchasing treasury tokens through flash loans and conducting partial liquidations.Curve DAO has been invited to approve incentive measures for this pool, and the management fees collected will be retained in the treasury in the form of treasury tokens. If this mechanism is successful, it will serve as a reference solution for similar situations.