long

According to The Block, analysts at the 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-term 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, with about 60% of Bitcoin supply not moving 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 $300 billion, decoupling from the price cycle of the crypto market, showing that real payment and settlement demand continues to grow; • Tokenized real assets are expanding rapidly: 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 transition to post-quantum security.

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.

According to monitoring by Lookonchain, since the disclosure that the suspected APE insider trader is going long on LDO, LDO has risen over 20%.One associated wallet has closed its long position in LDO, making a profit of about $50,000; another wallet still holds 5.96 million LDO (approximately $2.65 million) in long positions, currently with an unrealized profit of about $250,000.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $213 million, with long positions liquidated at $35.7282 million and short positions liquidated at $178 million. Among them, Bitcoin long positions were liquidated at $6.0183 million, Bitcoin short positions at $63.383 million, Ethereum long positions at $5.4856 million, and Ethereum short positions at $74.1597 million.In addition, in the last 24 hours, a total of 74,504 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $11.9852 million.

According to Coinglass data, if ETH falls below $2,244, the cumulative long liquidation intensity on mainstream CEX will reach $932 million. Conversely, if ETH breaks above $2,473, the cumulative short liquidation intensity on mainstream CEX will reach $526 million.

According to Coinglass data, if BTC falls below $74,533, the cumulative long liquidation intensity on mainstream CEX will reach $1.524 billion. Conversely, if BTC breaks above $82,013, the cumulative short liquidation intensity on mainstream CEX will reach $1.189 billion.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $111 million, with long positions liquidated at $27.192 million and short positions liquidated at $84.1511 million. Among them, Bitcoin long positions were liquidated at $1.585 million, Bitcoin short positions at $19.4087 million, Ethereum long positions at $1.6184 million, and Ethereum short positions at $33.3719 million.In addition, in the last 24 hours, a total of 69,691 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $2.4054 million.

According to Coinglass data, if ETH falls below $2,243, the cumulative long liquidation intensity on mainstream CEX will reach $841 million. Conversely, if ETH breaks above $2,461, the cumulative short liquidation intensity on mainstream CEX will reach $395 million.

According to Coinglass data, if BTC falls below $74,246, the cumulative long liquidation intensity on mainstream CEX will reach $972 million. Conversely, if BTC breaks above $81,462, the cumulative short liquidation intensity on mainstream CEX will reach $836 million.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $90.8633 million, with long positions liquidated at $35.1872 million and short positions liquidated at $55.6761 million. Among them, Bitcoin long positions were liquidated at $3.2569 million, Bitcoin short positions at $12.411 million, Ethereum long positions at $2.5013 million, and Ethereum short positions at $16.4857 million.In addition, in the last 24 hours, a total of 69,622 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $1.3864 million.