ChainCatcher message, according to Coinglass data, if ETH breaks through $2,971, the total liquidation strength of mainstream CEX short positions will reach $1.093 billion. Conversely, if ETH drops below $2,690, the total liquidation strength of mainstream CEX long positions will reach $416 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tom Lee Calls "Crypto Winter Over," Bitmine Doubles Down with $139M ETH Investment—Faith or Sunk Cost Fallacy?
Bitmine Immersion Technologies recently repurchased 65,000 Ethereum, bringing total holdings to over 4.6 million. Chairman Tom Lee claimed that the "mini crypto winter" is about to end. However, the market reality is that the holding strategy masks underlying capital pressure and liquidity risks. Although Ethereum's performance has outperformed the stock market in the short term, the ongoing decline in prices and market volatility remain worrisome.
動區BlockTempo36m ago
Grab Acquires Foodpanda: Crypto Payments Already in Place, Uber Stake Controversy Exposed
Grab announced the acquisition of Foodpanda's delivery business in Taiwan for approximately $600 million, with the transaction expected to be completed in 2026. This acquisition marks an important milestone for Grab's expansion beyond Southeast Asia and has sparked discussions about its shareholder structure and potential monopoly concerns. Grab is also planning to establish a stablecoin settlement system in Asia to advance crypto payment development. Unions have called for the protection of employment rights and benefits for Foodpanda delivery personnel.
MarketWhisper37m ago
Bitmine: Ethereum's Crypto Winter Has Thawed, ETH Holdings Exceed 4.6 Million
Bitmine Immersion Technologies has recently increased its holdings by 65,341 ETH, indicating that the "mini cryptocurrency winter" has come to an end. Since the Iran conflict, Ethereum has performed exceptionally well relative to other assets, surpassing gold by 33 percentage points, and demonstrating a strong "wartime" store-of-value function. Currently, Bitmine holds 4.6 million ETH, and still needs an additional $2.9 billion in investment to reach its 5% portfolio allocation target.
MarketWhisper58m ago
Russia Approves Cryptocurrency Legislation, Bitcoin, Ethereum, and Solana Permitted for Listing
The Russian government approved the "Digital Currency and Digital Rights Act," establishing a regulatory framework for cryptocurrency. The act sets three admission standards, allowing qualified digital assets to enter the market. The investment limit for ordinary citizens is approximately $4,000, and privacy coins are prohibited. Violations will result in fines and criminal penalties. The act must be passed by July 2026.
MarketWhisper1h ago
