Derivatives Data

Gate News bot message, James Wynn (@JamesWynnReal) opened another 40x short position on Bitcoin approximately 30 minutes ago, with a liquidation price set at $70,270.83. According to Lookonchain's previous report on March 26, James Wynn has used up to 40x leverage to short Bitcoin three times in th

2026-03-26 15:00 to 15:15 (UTC), BTC spot price recorded a -0.77% return, trading between 68,913.1 and 69,495.9 USDT, with a volatility of 0.84%. During this period, market liquidity was sufficient but activity declined, on-site attention increased, and volatility was amplified. The main driver of this fluctuation was passive price movement in a low liquidity environment, combined with the CME Bitcoin futures March contract entering its first notice day, leading some institutions to shift and hedge their positions, which triggered a short-term downward trend. Additionally, spot and derivatives markets...

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $253 million, with over 80% from long positions. BTC and ETH were liquidated for $68.88 million and $87.89 million respectively, involving a total of 90,432 traders. The largest single liquidation was $9.315 million.

BlockBeats News, March 26 — According to Onchain Lens monitoring, whale 0x049 shorted 577.34 BTC (worth $40 million) with 20x leverage and 19,344.8 ETH (worth $40 million).

Gate News reports that on March 26, according to on-chain analyst Onchain Lens monitoring, a whale with the address 0x049 opened short positions simultaneously with 577.34 BTC (approximately $40 million) and 19,344.8 ETH (approximately $40 million) using 20x leverage. The total short position amounted to about $80 million.

This Friday, Deribit will settle approximately $14.16 billion in Bitcoin options. The market expects a key "magnetic price level" at $75,000. Bitcoin is currently around $71,617, still below the critical level of $75,000, and significant volatility may occur in the next two days. While market sentiment is focused on a rebound, risk aversion remains high, indicating short-term volatility risks.

Crypto analyst Willy Woo analyzes the current market downturn, believing that due to the discounted trading of locked tokens after the FTX bankruptcy and the futures hedging mechanisms, ordinary investors find it difficult to achieve excess returns, leading to poor performance of altcoins. He recommends focusing on core assets like Bitcoin.

According to CoinGlass data, on March 26th, ETH's total contract trading volume across the network decreased by 8.21%, now totaling $46.33 billion. The trading volumes on various exchanges were $9.474 billion, $8.247 billion, and $5.443 billion, with open interest approximately $30.262 billion.

The trading volume of mainstream Perp DEX platforms has generally declined, but open interest remains high. Hyperliquid's 24-hour trading volume is $7.03 billion, while EdgeX and Aster are at $3.03 billion and $2.03 billion, respectively.

The crypto market is reeling from an overnight selloff, with bitcoin BTC$69,464.74 trading lower at $69,400 having lost 2.6% since midnight UTC and ether (ETH) heading back toward $2,000 after tumbling by 4.1%. The declines come alongside a sharp drop in U.S. equities and precious metals.

The crypto market is poised for significant movements as $14.2 billion in Bitcoin options expire this Friday on Deribit. This event, one of the year's largest, may impact liquidity and market direction amid geopolitical tensions, particularly regarding Iran.

On March 26, due to a decline in BTC prices, a large whale with an address starting with 0x965 was liquidated, totaling 125 BTC, with a loss of approximately $8.69 million. The same address was also liquidated twice in ETH long positions three hours earlier, losing about $270,000. The total liquidation across both rounds exceeded $14.2 million.

According to Hyperinsight monitoring, on March 26, the S&P 500 experienced a total liquidation of $11.7 million, ranking third, mainly from an address on Hyperliquid. The liquidation was caused by a short-term drop in BTC affecting margin, resulting in the liquidation of 1,779.8 long positions with a loss of approximately $195,000.

Gate News reports that on March 26, the options market analysis firm QCP released a Bitcoin options market observation report. The data shows that implied volatility has slightly declined, the curve remains mildly in contango, downward hedging demand still exists but has not reached extreme levels, and geopolitical premiums continue to be reflected in volatility pricing. QCP pointed out that BTC is currently neither fully following the high-beta logic of the stock market nor has it formed stable safe-haven demand; market movements are still primarily driven by news. QCP stated that in the short term, a trending market awaits clearer macroeconomic or geopolitical developments.

BlockBeats News, March 26 — According to Onchainlens monitoring, as ETH drops below $2100, "Brother Maji" Huang Licheng's ETH long position was liquidated again, but he immediately opened a new ETH (25x) long position. In addition, "Maji's" losses have now exceeded $30.7 million.

Between 09:30 and 09:45 (UTC) on March 26, 2026, BTC prices experienced a short-term decline within the range of 69,442.8 to 70,026.0 USDT. The 15-minute return was -0.75%, with an amplitude of 0.83%. Market attention remained high during the event window, volatility increased significantly, and short-term selling pressure was notably released. The main drivers of this movement were the increased leverage in the derivatives market and hedging effects before options expiration. Open interest in futures contracts reached $18–20 billion, and funding rates further rose to +0.51%.

From 09:30 to 09:45 (UTC) on March 26, 2026, ETH price dropped by -1.56% within 15 minutes, with a price range of 2075.21 to 2116.99 USDT and a volatility of 1.97%. The market experienced clear fluctuations, on-chain trading volume surged, and market attention quickly intensified. Short-term capital accelerated flow, and derivatives market volatility increased, indicating the characteristics of a trend reversal under multiple structural pressures. The main driver of this movement was whales collateralizing ETH through DeFi protocols to release liquidity, then transferring large amounts of funds into a major exchange, leading to

Gate News reports that on March 26, Onchain Lens monitoring showed that as the market declined, Magi's ETH long positions were fully liquidated again. After the liquidation, Magi immediately reopened a 25x leveraged ETH long position. As of now, Magi's total losses in this round of trading have exceeded $30.7 million.