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What's next after crypto's largest long liquidation event since February?
What's next after crypto's largest long liquidation event since February?

Quick Take Some $285 million in BTC longs were liquidated in Monday’s sell-off, with $1.6 billion erased across the crypto market — the largest daily wipeout since February, according to K33. History suggests bitcoin tends to underperform in the 30 days following peak liquidation spikes, with median returns turning negative, Head of Research Vetle Lunde said.

The Block·2025/09/23 16:00
Ethereum reclaims USDT lead with $80 billion supply, surpassing Tron
Ethereum reclaims USDT lead with $80 billion supply, surpassing Tron

Quick Take The redistribution of USDT supply reflects evolving user preferences for blockchain infrastructure, particularly as traditional finance increasingly adopts stablecoin rails. The following is excerpted from The Block’s Data and Insights newsletter.

The Block·2025/09/23 16:00
Ethereum Just Turned Bullish, Here’s What’s Next
Ethereum Just Turned Bullish, Here’s What’s Next

Ethereum (ETH) breaks above $4,100 resistance and retests support as exchange reserves hit yearly lows, signaling a potential trend shift.

Cryptopotato·2025/09/23 16:00
Flash
16:14
Digital RMB International Operations Center: Upgrade the blockchain services, digital assets, and other three major platforms to "Shu Bi Da"
Jinse Finance reported that on June 21, the Digital RMB International Operations Center announced that, with the adjustment of the digital RMB measurement framework and the overall upgrade of infrastructure architecture, the three major business platforms — cross-border digital payment platform, blockchain service platform, and digital asset platform — have been upgraded to the “CBETS” Cross-border e-CNY Transfer Services integrated settlement platform. At present, direct participant service agreements have been signed with the first batch of 26 financial institutions.
15:58
ETH's largest bearish pension short position has increased to around $85 million, with an entry price of $1,734.41.
BlockBeats News, June 21st, according to HyperInsight monitoring, the largest ETH short position on Hyperliquid, "pension-usdt.eth," increased its position by $8.78 million, bringing the total short position to around $85 million. The opening price was $1734.41, and the liquidation price was $2435.
15:56
An exchange report: Bitcoin shows a market structure of "selling pressure pause but buying has not been confirmed"
ChainCatcher news, an Alpha report from a certain exchange indicates that Bitcoin, after multiple tests, held the $59,200 low and rebounded 3.54% this week to close at $65,655. This round of upward movement was driven more by exhaustion of selling pressure than by new demand. Previously, futures open interest had fallen significantly from the May peak, short-term holders sold at a loss, and exchange balances dropped to a seven-year low, showing the market has entered a phase of deleveraging and releasing selling pressure. Short-term holders are still generally experiencing about 17%–19% unrealized losses, and the potential upward selling pressure remains heavy.
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