Driven by Liquidity Incentives, Unichain TVL Soars to $71 Million

On April 16th, according to Coinglass data, if Bitcoin drops beneath $82,000, the overall long liquidation intensity on major CEXs will amount to $1.098 billion. Conversely, if Bitcoin surges above $85,000, the total short liquidation intensity on major CEXs will reach $938 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the 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, the intensity. Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be affected when it attains a certain level. Higher "liquidation bars" signify that the price reaching that level will trigger a more notable reaction due to a liquidity cascade.

On April 16th: The narrowing of the pre-market declines of US stocks in the cryptocurrency sector included the following: · Strategy saw a decrease of 1.67%, which was previously a decrease of 2.90%; · Coinbase had a decrease of 1.41%, having previously decreased by 2.04%; · MARA Holdings decreased by 2.62%, with a previous decrease of 3.42%.

April 16th: Based on market news, China has signaled that if Trump shows respect and designates a contact person, it is willing to enter into dialogue; China hopes that Trump will restrain cabinet members and demonstrate consistency.

On April 16th, according to HTX market data, Bitcoin saw a rebound and exceeded $84,000. The 24-hour decline was narrowed to 2.13%.

On April 16th, as monitored by lookonchain, a dormant wallet address that had been inactive for 2 years withdrew 100 BTC ($8.33 million) from Binance just 1 hour ago.

On April 16th, based on market data, there was a notable price difference in the WCT token between the Binance and OKX exchanges. The WCT price on the Binance platform was $0.6081, while on the OKX platform, it was $0.5216.