ChainCatcher 消息，据 Coinglass 数据，过去 24 小时全网爆仓 5.38 亿美元，多单爆仓 2.6 亿美元，空单爆仓 2.79 亿美元。其中比特币多单爆仓 2867.15 万美元，比特币空单爆仓 5102.58 万美元，以太坊多单爆仓 7826.51 万美元，以太坊空单爆仓 9863.02 万美元。 此外，最近 24 小时，全球共有 153406 人被爆仓，最大单笔爆仓单发生在Binance - BTCUSDT 价值 400 万美元。

ChainCatcher 消息，据 Coinglass 数据，过去 24 小时全网爆仓 5.38 亿美元，多单爆仓 2.6 亿美元，空单爆仓 2.79 亿美元。其中比特币多单爆仓 2867.15 万美元，比特币空单爆仓 5102.58 万美元，以太坊多单爆仓 7826.51 万美元，以太坊空单爆仓 9863.02 万美元。 此外，最近 24 小时，全球共有 153406 人被爆仓，最大单笔爆仓单发生在Binance - BTCUSDT 价值 400 万美元。

数据：过去 24 小时全网爆仓 5.38 亿美元，多单爆仓 2.6 亿美元，空单爆仓 2.79 亿美元

<ChainCatcher> According to Coinglass data, the total network liquidation in the past 24 hours was $538 million, with long positions liquidated at $260 million and short positions liquidated at $279 million. Among these, Bitcoin long positions were liquidated at $28.67 million, Bitcoin short positions at $51.03 million, Ethereum long positions at $78.27 million, and Ethereum short positions at $98.63 million. Additionally, in the past 24 hours, a total of 153,406 people were liquidated, with the largest single liquidation occurring on Binance - BTC/USDT, valued at $4 million.

According to ChainCatcher, based on Coinglass data, the total network liquidation in the past 24 hours was $538 million, with long positions liquidated at $260 million and short positions liquidated at $279 million. Among these, Bitcoin long positions were liquidated at $28.67 million, Bitcoin short positions at $51.03 million, Ethereum long positions at $78.27 million, and Ethereum short positions at $98.63 million.Additionally, in the past 24 hours, a total of 153,406 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT, valued at $4 million.

Data: In the past 24 hours, the entire network has a liquidation of 538 million US dollars, long orders have a liquidation of 260 million US dollars, and short orders have a liquidation of 279 million US dollars.

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"...