Data Analysis:
According to the current liquidation map, long positions were liquidated last night, and the market is currently dominated by short positions. Based on the current Bitcoin price around $117,900, if the market fluctuates another $2,000 up or down, rising to around $119,900, it is expected that the total liquidated short amount could be about $770 million. Conversely, if the market drops to around $115,900, it is expected that the total liquidated long amount could be about $1.248 billion.
Bitcoin spot ETF had a net outflow of $21.2 million yesterday, while Ethereum spot ETF had a
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