Derivatives Data

On February 14th, it was reported that amidst the overall downturn in the crypto market, MOODENG unexpectedly strengthened, becoming one of the few meme coins to rise against the trend. Data shows that the token increased by approximately 16% in the past 24 hours, while mainstream assets remained in a consolidation phase. More notably, despite the shrinking overall market trading volume, MOODENG's trading activity significantly increased, forming a rare divergence between price and volume. From a capital structure perspective, this surge was mainly driven by contract funds. In the derivatives market, MOODENG became one of the top gainers of the day, with liquidation data indicating that the scale of forced liquidations for both longs and shorts rapidly expanded, and leveraged buying became the core force behind the price increase. Some on-chain data also shows that trading volume in decentralized liquidity pools of MOODENG within the Solana ecosystem surged significantly, with daily trading volume surpassing $4.6 million. The number of trades and participating addresses also grew in tandem, indicating a clear short-term market enthusiasm.

According to Coinglass data, if Bitcoin breaks through $71,000, the liquidation intensity on mainstream CEXs will reach $883 million; if it drops below $68,000, the liquidation intensity will reach $664 million. The liquidation chart is used to display the potential market reaction strength at various price points.

Last week, Bitcoin experienced significant volatility, with daily drops of over 10%, nearly falling below $60,000. Although it later rebounded to $70,000, analysts believe that a true "capitulation sell-off" has not yet occurred, as the futures basis spread remains unchanged and does not indicate extreme market pessimism, suggesting that Bitcoin may still have further downside potential.

As global market risk appetite recovers, major stock indices fluctuate upward, with small and mid-cap and European blue-chip indices performing steadily. Gate Index Zone data shows that the US and FTSE 100 indices rose slightly. Meanwhile, Gate has launched the world's first perpetual index contracts, combining market sentiment indicators to offer diversified trading options and tools, supporting multiple trading pairs.

Gate News bot message, a newly created wallet deposited 2 million USDC into Hyperliquid 11 hours ago to establish a long position on NVDA with 2x leverage. The position holds 21,687 xyz:NVDA valued at $3.97 million.

Key Insights: Cardano’s price struggles as it drops below $0.26, maintaining a bearish outlook as moving averages turn into resistance. Open interest in Cardano rises slightly, indicating traders are rebuilding positions at lower levels amid declining market participation. Continued

According to Coinglass data, the total holdings on the Hyperliquid platform amount to $2.899 billion, with short and long positions nearly balanced at 50.95% and 49.05%, respectively. Long positions are currently losing $94.97 million, while short positions are profitable by $208 million. Meanwhile, the whale address 0xa5b0..41 is fully long ETH at a price of $2048.9, with unrealized profit and loss of $234,000.

PancakeSwap (CAKE) is facing strong selling pressure, dropping below $1.26 and extending an 8% weekly decline. Negative sentiment is amplified in the derivatives market, with traders mainly betting on further price drops. If CAKE falls below the $1.18 support, it could decrease to $1.11.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $65,459, the total long liquidation strength of mainstream CEXs will reach $1.673 billion. Conversely, if BTC breaks through $72,133, the total short liquidation strength of mainstream CEXs will reach $810 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,946, the total long liquidation strength on major CEXs will reach $755 million. Conversely, if ETH breaks above $2,148, the total short liquidation strength on major CEXs will reach $402 million.

Glassnode highlights the disparity between Bitcoin's calm price consolidation and a tense options market, showing rising implied volatility and increased protective trading. As traders position defensively, the market becomes vulnerable to significant price movements, especially if it breaks the $65,000–$73,000 range.

_High IV and ETF outflows signal caution despite early dip-buying attempts._ The crypto assets saw another large options expiry on Friday as the market weakness continues. As per onchain reports, roughly $2.9 billion in Bitcoin and Ether contracts expired as prices remained under strain.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $65,621, the total long liquidation strength on major CEXs will reach $1.322 billion. Conversely, if BTC breaks above $72,446, the total short liquidation strength on major CEXs will reach $511 million.

ChainCatcher message: According to Coinglass data, if ETH drops below $1,951, the total long liquidation strength on major CEXs will reach $612 million. Conversely, if ETH breaks above $2,156, the total short liquidation strength on major CEXs will reach $271 million.

Notably, liquidation data confirms that most high-leverage long positions on HYPE were already cleared during the recent decline. However, liquidity heatmaps show price consistently moved through dense leverage zones, indicating structured liquidation rather than sudden volatility.

Odaily Planet Daily reports that Coinglass data shows that in the past 1 hour, the total liquidation across the network was $103 million, including $99.52 million in short liquidations, $5.26 million in long liquidations, as well as $56.36 million in BTC liquidations and $31.02 million in ETH liquidations.

2026-02-13 15:00 to 15:15 (UTC), BTC recorded a +0.93% return within a 15-minute window, with the price ranging between $67,184 and $67,803, showing a clear short-term upward trend. During this period, trading volume slightly increased, market attention grew, and overall volatility remained at an average level, reflecting a warming of investors' risk appetite. The main drivers of this movement are sustained loose macro liquidity and increased institutional buying. Influenced by expectations of a Federal Reserve rate cut, the expansion of global M2 has driven a stronger willingness to allocate risk assets. Meanwhile, the US Bitcoin E