加密分析師：比特幣在價格上漲超過$ 103K的情況下以3100萬美元的價格清算

根據CryptoQuant Analyst Darkfost的說法，比特幣剛剛在4月上升以來剛剛記錄了其最大的簡報活動。

CryptoQuant analyst Darkfost has revealed that Bitcoin experienced its largest short liquidation event on Binance since the beginning of April’s uptrend.

加密分析師Darkfost透露，自4月初上升以來，比特幣經歷了其在Binance上進行的最大的簡報活動。

As the flagship cryptocurrency breached the $103,000 barrier, setting a new 2024 high, a single day saw over $31 million in short positions wiped out.

隨著旗艦加密貨幣違反了103,000美元的障礙，設定了一個新的2024高，一天的時間超過了3100萬美元的短暫位置。

Earlier this year, Bitcoin’s sharp decline from $109,000 to the $78,000 level led to a buildup of short positions, especially on Binance.

今年早些時候，比特幣從109,000美元急劇下降到78,000美元的水平，導致了短暫的頭寸，尤其是在Binance方面。

This bearish trend, combined with derivatives market activity, amplified downside volatility. However, as BTC began reversing from that lows and heading higher, those short positions began to unwind, transforming into buying pressure.

這種看跌趨勢，加上衍生品市場活動，放大了下行波動。但是，隨著BTC開始從低點逆轉並越來越高，這些短職位開始放鬆，轉變為購買壓力。

“The most significant liquidation event since the start of April occurred on May 8, with over $31 million in short positions wiped out in a single day,” said Darkfost.

Darkfost說：“自4月初以來，最重要的清算活動發生在5月8日，一日的短暫位置超過3,100萬美元。”

This event unfolded as BTC surged past the $103,000 level, having now stalled in that zone, last trading around $103.4K.

隨著BTC猛增了103,000美元的水平，現在已經停滯在該區域，最後交易約為103.4萬美元，這項活動展開了。

Analyst Explains Derivatives-Driven Selling and Rebound

分析師解釋了以衍生品為導向的銷售和反彈

The analyst explains further:

分析師進一步解釋：

Earlier this year, when BTC dropped from $109,000 to $78,000, there was a period of strong selling pressure, particularly driven by derivatives traders.

今年早些時候，當BTC從109,000美元下降到78,000美元時，銷售壓力很大，尤其是由衍生品交易員驅動的。

As BTC plunged, it created a snowball effect, with every downward movement leading to more selling pressure, and vice versa. This is a common occurrence, especially during periods of high volatility.

隨著BTC的暴跌，它產生了雪球效應，每一次下降都會導致更大的銷售壓力，反之亦然。這是一個常見的情況，尤其是在高波動率時期。

However, since early April, as BTC began reversing that move and heading higher, we’ve seen a shift in the market.

但是，自4月初以來，隨著BTC開始逆轉這一舉動並越來越高，我們已經看到市場發生了變化。

The same derivatives traders who were piling on the short positions are now exiting them, transforming into buying pressure.

現在堆積在短職位上的相同衍生品交易員正在退出他們，轉變為購買壓力。

This shift is crucial because it fuels Bitcoin’s recovery, setting the stage for further gains.

這種轉變至關重要，因為它可以為比特幣的恢復，為進一步的收益奠定了基礎。

Moreover, we’re seeing this unfold at a time when Bitcoin’s momentum is already picking up.

此外，我們看到這在比特幣的動力已經開始的時候展開了。

This isn’t surprising given the cryptocurrency’s recent performance, not to mention the fact that it’s the world’s leading cryptocurrency.

考慮到加密貨幣最近的表現，這並不奇怪，更不用說這是世界上領先的加密貨幣。

Examining Binance Funding Rates and Overheating

檢查唯一資金率和過熱

Despite the cryptocurrency’s strong rally, Binance’s funding rates remain low, at around 0.004, indicating that:

儘管加密貨幣的強烈集會，但二元籌資率仍然很低，約為0.004，表明：

Shorts are still present in the system.

系統中仍然存在短褲。

Traders are cautious about going long, suggesting the rally may have further room to run before becoming overheated.

交易者對長時間的謹慎行事保持謹慎，這表明集會在過熱之前可能還有進一步的跑步空間。

This observation is supported by CryptoQuant’s funding rate data, which shows no excessive spikes, a key signal that the derivatives market isn’t yet in an overleveraged state.

該觀察結果得到了CryptoQuant的資金率數據的支持，該數據沒有顯示出過多的尖峰，這是一個關鍵信號，表明衍生物市場尚未處於過度的狀態。

This lack of overleveraging is crucial because it lessens the risk of sudden and massive liquidations that could quickly reverse the rally’s momentum.

這種缺乏過度掌握至關重要，因為它減少了突然和大規模清算的風險，這些清算可能會迅速扭轉集會的勢頭。

Chart: CryptoQuant

圖表：加密量

Examining Major Short Liquidation Events

檢查重大的短清算事件

The second chart highlights multiple major short liquidation spikes in recent weeks, including:

第二個圖表強調了最近幾週的多個主要短材料尖峰，包括：

$24M on April 6

4月6日的2400萬美元

$19M on April 21

4月21日的1900萬美元

$31M on May 8

5月8日$ 3100萬

Each spike coincides with bullish surges, indicating that short squeezes are significantly contributing to Bitcoin’s continued strength.

每個尖峰都與看漲的潮流相吻合，這表明短擠壓大大促成了比特幣的持續強度。