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According to the latest statistics from the on-chain data tracking platform, several key milestones in the recent crypto market have emerged as noteworthy.
Let's first look at Bitcoin's movements—if BTC surges to break through $99,469, a $1.29 billion short squeeze will hit the major exchanges. Conversely, a drop below $90,642 would trigger a $1.275 billion long liquidation. Both figures are significant, indicating that market leverage positions are currently in a highly sensitive state.
Ethereum's liquidation pressures are also worth noting. Breaking above $3,448 will trigger $1.146 billion in short liquidations, while falling below $3,132 will cause $1.069 billion in long liquidations. These key price levels have accumulated a large number of leveraged orders.
Looking at the real picture of capital flows—over the past day, exchanges have net outflows of 347.51 BTC. Kraken led the outflows, with 1,623.52 BTC leaving, followed by Bitfinex with 182.6 BTC, and KuCoin with 38.78 BTC. Interestingly, a major platform bucked the trend, with a net inflow of 573.18 BTC, becoming the largest recipient in this round of capital movement. This uneven flow of hot and cold reflects the differing market outlooks among various participants.