Ethereum Drops Below $1800

On April 7th: According to Amberdata, a whale having a balance of 57,000 ETH was on the verge of liquidation and only decreased its position in the final 10 minutes prior to liquidation. An hour and a half earlier, it sold 3,920.8 ETH to convert it into 5.775 million DAI for repayment. The whale's remaining 53,000 ETH position has now brought down the liquidation price to $1495.

On April 7th, according to HTX market data, SOL briefly fell below $100, experiencing a 24-hour decrease of 16.89%.

On April 7th, based on HTX market data, Bitcoin dropped below $76,000, experiencing a 24-hour decline of more than 9%.

On April 7th, based on Coinglass data, if Bitcoin drops beneath $74,000, the cumulative strength of long liquidation in mainstream CEX will reach 533 million. Conversely, if Bitcoin exceeds $78,000, the cumulative strength of short liquidation in mainstream CEX will reach 600 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the relative significance of each liquidation cluster to adjacent liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what degree reaching a certain price level will have an impact. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a more intense reaction due to a liquidity cascade.

On April 7th, as monitored by OnchainLens, a whale withdrew 50,000 SOL from Gate.io, which is worth $5.07 million and is suspected to be for staking. Before this, over the past 7 months, the whale had staked 264,990 SOL, which is worth $52.4 million. It had earned 5,125 SOL, but currently, it is facing an unrealized loss of $24.97 million.

Update, April 7th: Gate.io began NUMI Staking & Mining from April 5th at 14:00 (UTC+8) to April 11th at 14:00 (UTC+8). Through staking USDT and NUMI in the Launchpool, users can take part in the free distribution of 400,000 NUMI tokens. The USDT New User pool provides an expected annualized return rate of 42.73%, and the NUMI pool offers an expected annualized return rate of 909.31%.