深潮 TechFlow 消息，12 月 25 日，据 Coinglass 数据，过去 24 小时内加密货币市场总爆仓金额达 7920.81 万美元，其中，多单爆仓 2808.61 万美元，空单爆仓 5112.20 万美元。
BTC 爆仓金额达 2380.43 万美元（多单 273.12 万美元，空单 2107.31 万美元），ETH 爆仓 963.18 万美元（多单 393.22 万美元，空单 5...

深潮 TechFlow 消息，12 月 25 日，据 Coinglass 数据，过去 24 小时内加密货币市场总爆仓金额达 7920.81 万美元，其中，多单爆仓 2808.61 万美元，空单爆仓 5112.20 万美元。BTC 爆仓金额达 2380.43 万美元（多单 273.12 万美元，空单 2107.31 万美元），ETH 爆仓 963.18 万美元（多单 393.22 万美元，空单 569.96 万美元）。过去 24 小时内共有 60,288 人被爆仓，最大单笔爆仓出现在 Hyperliquid 的 BTC-USD 交易对上，价值 700.72 万美元。

过去 24 小时全网爆仓 7920.81 万美元，主爆空单

According to TechFlow TechFlow, on December 25th, Coinglass data showed that the total liquidation amount in the cryptocurrency market reached $79.2081 million in the past 24 hours, of which $28.0861 million were long positions and $51.122 million were short positions.
BTC liquidations totaled $23.8043 million ($2.7312 million in long positions and $21.0731 million in short positions), and ETH liquidations totaled $9.6318 million ($3.9322 million in long positions and $5...).

According to TechFlow TechFlow, on December 25th, Coinglass data showed that the total liquidation amount in the cryptocurrency market reached $79.2081 million in the past 24 hours, of which $28.0861 million were long positions and $51.122 million were short positions. BTC liquidations totaled $23.8043 million ($2.7312 million in long positions and $21.0731 million in short positions), while ETH liquidations totaled $9.6318 million ($3.9322 million in long positions and $5.6996 million in short positions). A total of 60,288 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $7.0072 million.

In the past 24 hours, a total of $79.2081 million in positions were liquidated across the entire network, primarily short positions.

Over the past six months, I've gone from being an observer of Web3 to entering the payment industry. Now, I've chosen to stop and cease working on Web3 payments.

This isn't a retreat after a failure, but rather a judgment and adjustment made after truly getting involved. In these past six months, I've traveled to Yiwu, Shuibei, Putian, and even Mexico, seeing how payments are actually implemented in the most prominent places mentioned in reports. I've also been involved, building a Web3 payment MVP, taking over accounts, developing Web3 payment tools, and trying to run my imagined path from the first step to the last.

But the further I went…

An entrepreneur's account: From beginning to end, why I stopped developing Web3 payments.

Introduction Market Overview In 2025, stablecoins and DAT expanded in both scale and application scenarios, beginning to directly connect with traditional finance at the boundary level. The total market capitalization of stablecoins once exceeded $230 billion, with an annual on-chain settlement scale of approximately $1.5 trillion. Supported by legislation such as the GENIUS Act, they gradually solidified as the underlying settlement layer for cross-border payments and on-chain finance. The DAT model, through compliant equity or fund vehicles, provided traditional institutional investors with a standardized path to access crypto asset exposure, with its holdings of BTC and ETH assets having a high market value...

2025 Coinglass Derivatives Report: Instead of the altcoin season, a $154.6 billion liquidation season arrived.

What's Next for DeFi in 2026?

We've revealed the key trends to watch next year.

Last year, DL News attempted to predict three major DeFi trends for 2025.

We predicted that traditional finance would enter DeFi at an unprecedented pace, more protocols would launch their own blockchains, and fintech companies would massively integrate DeFi into their products.

Our predictions have proven quite accurate.

In 2025, we'll see banks issuing stablecoins, asset management firms allocating billions of dollars to DeFi lending protocols...