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In the past 24 hours, the entire network has experienced a liquidation of $517 million USD, mainly affecting long positions.

According to BlockBeats news on December 12th, Coinglass data shows that the total value of liquidation in the past 24 hours has risen to $517 million, with long positions liquidated at $455 million and short positions liquidated at $62.15 million.

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On-Chain Activity

3h ago

A whale purchased 3,009 BTC worth approximately $228 million after over a year of inactivity.

6h ago

A new address heavily invested in ETH has once again increased its position by 3,500 ETH.

6h ago

Pump.fun transfers another 76,000 SOL to Kraken

7h ago

Morgan Stanley transferred nearly 9,300 SOL to Coinbase in the past two days, suspected of selling.

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The Coinbase Bitcoin Premium Index has recorded negative values for 44 consecutive days, with purchasing power in the U.S. market continuing to languish in the doldrums.

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