Foresight News 消息，据 Coinglass 数据，过去 24 小时全网爆仓约 8.21 亿美元，多单爆仓 3.01 亿美元，空单爆仓 5.2 亿美元。其中比特币爆仓 4.96 亿美元，以太坊爆仓 1.11 亿美元。

<p>Foresight News 消息，据 Coinglass 数据，过去 24 小时全网爆仓约 8.21 亿美元，多单爆仓 3.01 亿美元，空单爆仓 5.2 亿美元。其中比特币爆仓 4.96 亿美元，以太坊爆仓 1.11 亿美元。</p>

数据：过去 24 小时全网爆仓 8.21 亿美元，空单爆仓 5.2 亿美元

<Foresight News> According to Coinglass data, approximately $821 million was liquidated across the network in the past 24 hours, with long positions liquidated at $301 million and short positions liquidated at $520 million. Among these, Bitcoin liquidations amounted to $496 million, and Ethereum liquidations reached $111 million.

<p>According to Foresight News and Coinglass data, approximately $821 million was liquidated across the network in the past 24 hours, with long positions liquidated at $301 million and short positions liquidated at $520 million. Among these, Bitcoin liquidations amounted to $496 million, and Ethereum liquidations reached $111 million.</p>

Data: In the past 24 hours, the entire network has liquidated $821 million, and short positions have liquidated $520 million

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Messari released "The Crypto Theses 2026," a report that predicts future trends in public blockchains, DeFi, AI, DePIN, and TradFi. From Messari's perspective, 2026 will be a pivotal year for cryptocurrencies, marking a shift from "speculative" to "system-level integration."

Author: Messari
Compiled/Translated by: ODIG Invest
Messari Releases "The Crypto Theses 2026"...