Data Analysis:
According to the current liquidation map, the market is currently dominated by short positions. Based on the current Bitcoin price around $117,700, if the market fluctuates by $2,000 up or down and rises again to around $119,700, it is estimated that the cumulative amount of liquidated short positions could reach approximately $1.02 billion. Conversely, if the market drops to around $115,700, the cumulative amount of liquidated long positions is expected to be around $1.184 billion.
The Bitcoin spot ETF had a net outflow of $83.4 million yesterday, while the Ethereum spot ETF ha
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