In the last 12 hours, the entire network has seen $186 million in liquidations, mostly from short positions.
September 11th. According to Coinglass data, in the past 12 hours, the entire network witnessed a liquidation of $186 million. The total long liquidation was $64.746 million, and the short liquidation was $122 million.
In the past 24 hours, a total of 140,461 people were liquidated globally, with a total liquidation amount of $248 million. The largest single liquidation took place in HTX - BTC-USDT, amounting to $2.8422 million.
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Litecoin Reserve Company MEI Pharma Renamed to Litecoin Strategy
On September 11th, MEI Pharma, a U.S.-listed company, declared that it has modified its name to Litecoin Strategy (Nasdaq: LITS).
During the intraday trading period, the company's stock price is currently showing an increase of 10.61%, and its market capitalization is $101 million.
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If Bitcoin surpasses $115,000, the mainstream CEX cumulative short liquidation pressure will reach 839 million.
On September 11th, according to Coinglass data, if Bitcoin manages to break through $115,000, the cumulative short liquidation intensity on mainstream CEXs will reach $839 million.
Conversely, if Bitcoin drops below $112,000, the cumulative long liquidation intensity on mainstream CEXs will reach $1.059 billion.
BlockBeats Note: The liquidation chart does not accurately depict the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, which is referred to as intensity.
Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity avalanche.
57 minutes ago
SEC Chairman: Must Ensure Entrepreneurs Can Access On-Chain Funding Without Facing Endless Legal Uncertainty
September 11: Paul S. Atkins, who serves as the Chairman of the U.S. Securities and Exchange Commission (SEC), presented a keynote speech at the OECD's very first Global Financial Markets Roundtable. He mentioned that the SEC has long employed its investigative, subpoena, and enforcement powers as a means to disrupt the crypto industry. This approach is not only not effective but also poses harm. Now, the SEC will offer clear and foreseeable rules to enable innovators to flourish in the United States. President Trump has issued an order with the aim of making the U.S. a global cryptocurrency center.
Most cryptocurrencies are not securities, and the SEC will clearly demarcate the boundaries. It is necessary to ensure that entrepreneurs can raise funds on-chain without constantly facing legal uncertainties. The SEC must permit "super app" trading platforms to innovate, thereby expanding the choices available to market participants. Platforms should be able to provide trading, lending, a
57 minutes ago
WSJ: Oracle Signs $30 Billion Computing Deal With OpenAI
On September 11th, as reported by WSJ, Oracle entered into a $300 billion computing agreement with OpenAI. Today, Oracle's stock price witnessed a surge of over 40% at one point. It is currently trading at $332.74, with a reduced increase of 37.72%. This has driven its market value to $933.97 billion.
57 minutes ago
Bitcoin Withdrawal Recovery, CEX Net Outflow of 2,918.57 BTC in the Last 24 Hours
On September 11th, according to Coinglass data, in the past 24 hours, the total net outflow of Bitcoin on CEX was 2,918.57 BTC. The top three outflow exchanges are as follows:
· Coinbase Pro, with an outflow of 2,722.20 BTC;
· Bithumb, with an outflow of 1,842.00 BTC;
· OKX, with an outflow of 815.95 BTC.
In addition, Kraken saw an inflow of 1,458.28 BTC and ranked first in the inflow list.
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