Derivatives Data

Taiwanese artist "Brother Maji" Huang Licheng has once again opened a long position on Ethereum (ETH), rolling from $250,000 to $13.5 million, using 25x leverage, with a liquidation price of approximately $1,948. His experience highlights the risks of high-leverage trading, with total losses reaching $15.68 million, serving as a warning to investors.

According to Coinglass data, the total liquidations across the entire network in the past 24 hours reached $292 million, with long positions and short positions liquidated at $228 million and $64.335 million respectively. The liquidations of Bitcoin and Ethereum are particularly notable, affecting 103,284 people, with the largest single liquidation amounting to $4.547 million.

Odaily Planet Daily reports that, according to Onchain Lens monitoring, as the market retraced, Machi Big Brother's 25x leveraged ETH long position was fully liquidated. After being liquidated, he opened a new 25x leveraged ETH long position. Currently, Machi's total losses have exceeded 29 million USD.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $69,008, the total liquidation strength of short positions on major CEXs will reach $1.872 billion. Conversely, if BTC drops below $62,511, the total liquidation strength of long positions on major CEXs will reach $934 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,020, the total liquidation strength of mainstream CEX short positions will reach $927 million. Conversely, if ETH drops below $1,829, the total liquidation strength of mainstream CEX long positions will reach $425 million.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $68,773, the total liquidation strength of short positions on mainstream CEXs will reach $1.759 billion. Conversely, if BTC drops below $62,581, the total liquidation strength of long positions on mainstream CEXs will reach $751 million.

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,020, the total liquidation strength of mainstream CEX short positions will reach $758 million. Conversely, if ETH drops below $1,831, the total liquidation strength of mainstream CEX long positions will reach $291 million.

PANews February 27 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market contracts reached $212 million, including $150 million in long positions and $61.86 million in short positions. The total liquidation amount for BTC was $67.73 million, and for ETH it was $64.84 million.

Shiba Inu's open interest decreased by 5.53% to $58.72 million, coinciding with a 2.79% price drop as the crypto market experienced mixed trading. Investors await key economic data while Shiba Inu's roadmap includes efforts to compensate users affected by the Shibarium hack.

According to Coinglass data, the whale holdings on the Hyperliquid platform currently reach $2.891 billion, with long and short positions nearly balanced. The whale address 0xa5b0..41 has fully committed to a long ETH position at a price of $1,991.53, with an unrealized loss of $2.3264 million.

Hyperliquid has gained about 5%, nearing the $30 mark, bolstered by retail interest and increased derivatives activity. Technical indicators suggest a bullish trend, with resistance around $31-$33 and support near $28.50.

Odaily Planet Daily reports that Coinglass data shows that in the past 4 hours, the total liquidation across the network was $51.2905 million, with long positions liquidated at $42.811 million and short positions at $8.4795 million. Among them, BTC liquidations amounted to $18.91 million, and ETH liquidations amounted to $17.43 million.

Today, $8.7 billion in Bitcoin and Ethereum options contracts expire, marking a significant derivatives event. Expiry often leads to volatility as traders adjust positions, with large open interest at key price levels potentially impacting short-term prices.

An address recently experienced a liquidation and then deposited $250,000 to open an ETH long position. The position size quickly increased to $13.5 million, with current unrealized gains of approximately $320,000. In the past five months, this address has attempted to go long 162 times, about 18 of which were ETH, all ending in losses.

ChainCatcher News, according to Coinglass data, if ETH breaks through $2,088, the total short liquidation strength on major CEXs will reach $862 million. Conversely, if ETH falls below $1,899, the total long liquidation strength on major CEXs will reach $453 million.

According to Coinglass data, if Bitcoin falls below $65,000, mainstream CEX long positions will face $1.028 billion in liquidation pressure; if it breaks through $69,000, short positions will face $1.012 billion in liquidation. The liquidation chart indicates the intensity of liquidity response after the price reaches a certain level.

Ethereum's recent price fluctuations saw it reach $2,150 before falling back to $2,034. The key support level is at $2,000, with resistance at $2,100, which marks the profit and loss status of large investors. Market sentiment has shifted to bullish, but caution is needed as insufficient price momentum could lead to a short squeeze. Volatility is rising, and institutional selling has slowed. The future trend depends on whether it can break through $2,100.

Recently, Bitcoin ETF holders and treasury companies have been concentrating on buying BTC put options with strike prices of $60,000 and below on Deribit, indicating a significant hedging demand against price declines. The current Bitcoin spot price is approximately $67,000, and the market shows a preference for downside protection.

As Bitcoin prices fluctuate below $70,000, ETF holders and corporate finance departments are beginning to buy put options to hedge against potential downside risks. Deribit, a derivatives platform, noted that these put options provide price insurance for investors, locking in baseline returns. Currently, the open interest in related contracts has reached $1.5 billion, indicating that market defensive sentiment remains strong. The scale of Bitcoin ETF and corporate holdings makes risk management more critical and serves as an important indicator of the market's risk appetite.

Bitcoin prices remain stable this week, but market structure is changing as approximately $2.5 billion in gamma exposure is about to be liquidated. The influence of the options mechanism may weaken, with liquidity becoming the dominant factor. Analysis indicates that recent rebounds could be misleading, and attention should be paid to subsequent hedging pressures and market stabilization conditions. Overall positions are close to reset, signaling a new phase in the cycle.