The Trump Family Wealth Evaporated Over $5 Billion Due to the Plunge in DJT Stock Price

On November 20th, based on Coinglass data, if Bitcoin drops below $88,000, the cumulative intensity of long liquidation on mainstream CEXs will reach 563 million. Conversely, if Bitcoin surges above $91,000, the cumulative intensity of short liquidation on mainstream CEXs will reach 745 million. **BlockBeats Note**: The liquidation chart does not disclose the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, 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 the price will experience a more pronounced reaction due to a surge in liquidity.

On November 20th, based on Coinglass data, within the past 1 hour, a total of $115 million was liquidated across the entire network. The long liquidations reached $112 million, while the short liquidations were only $2.4617 million.

On November 20th, as monitored by lookonchain, despite the decline in the ETH price, Tom Lee's Bitmine may still be in the process of purchasing ETH. A new wallet, 0x748d, is likely to be associated with Bitmine - it has just received 24,827 ETH from BitGo (valued at $72.52 million).

On November 20th, based on HTX market data, Ethereum fell to reach $2900, experiencing a 24-hour decline of 7.22%.

On November 20th, according to HTX market data, Bitcoin dropped below $89,000, with a 24-hour decline of 4.68%.

On November 20th, the trading department of JPMorgan Chase stated that the longest continuous decline in the US stock market since August has presented buying opportunities for dip buyers. Due to investors' concerns about the sustainability of the artificial intelligence concept rally and the Federal Reserve's monetary policy path, the S&P 500 index has fallen for four consecutive days and closed down 3.4% as of the close on Tuesday. Andrew Tyler, the director of JPMorgan Chase's Global Market Insights, stated that this pullback represents a one-time "technical shakeout" in the stock market and that the adjustment period may have come to an end. "Given that there have been no fundamental changes and our investment thesis does not depend on the Fed's easing policy, it is now possible to buy on the dip," Tyler wrote in a report to clients on Wednesday. (FX678)