Backpack platform's open interest in futures contracts has increased by 29.3% over the past 7 days, currently standing at $96.55 million.

On April 18th, based on Coinglass data, if Bitcoin manages to break through $86,000, the total short liquidation intensity on major CEXs will amount to $9.12 billion. Conversely, if Bitcoin drops below $83,000, the total long liquidation intensity on major CEXs will reach $14.55 billion. BlockBeats' Note: The liquidation chart does not provide the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Consequently, the liquidation chart shows to what degree the underlying price will be influenced when it reaches a particular level. A higher "liquidation bar" indicates that once the price reaches that level, it will experience a more intense reaction due to a surge in liquidity.

On April 18th, Linera made an announcement regarding the commencement of the Babbage testnet. This testnet represents the next phase in the evolution of the Linera protocol, which is specifically tailored for real-time and user-centric blockchain applications. The release includes the provision of a development toolkit along with protocol upgrades.

On April 18th, JP Mullin, a co-founder of MANTRA DAO, launched a Twitter poll to seek feedback on the execution method of the team token burn. He stated, "After announcing the intention to burn all team-held tokens, we have received a significant amount of feedback from the community, investors, and others in the past few days. This decision is for the benefit of the community, and the poll is to understand everyone's views and attitudes on how to implement this." The poll presented four options: immediate full burn, annual extension of the vesting period, transfer to a community multisig wallet, and gradual unlocking over time.

On April 18th, TRUMP unlocked 40 million tokens 5 hours ago. These tokens are worth approximately $300 million and account for 20% of the circulating supply. Additionally, there are about 493,000 tokens unlocked daily in a linear manner, which is approximately $4.12 million.

On April 18th, according to Etherscan data, the gas fees of Ethereum continue to decline and are currently at 0.352 Gwei.

On April 18th, as monitored by Onchain Lens, a whale that had been dormant for 6 months withdrew 6,000 ETH from Kraken. The value of this withdrawal was $9.49 million.