Data: In the past 24 hours, the entire network has been liquidated for $647 million, with long positions liquidated for $305 million and short positions liquidated for $342 million.

In the past 1 hour, $90.75 million in liquidations were triggered across the entire market, with long liquidations accounting for over 93%.

Gate News, April 12. According to Coinglass data, liquidations across all exchanges in the past 1 hour totaled $90.75 million. Of that, long liquidations were $85.0 million, accounting for 93.7% of the total liquidation amount; short liquidations were $5.75 million, accounting for 6.3%.

Court ruling: sports betting contract is a derivative! The U.S. CFTC blocks local law enforcement, seeking regulatory authority over prediction markets

The U.S. federal government is working jointly with the CFTC and the Department of Justice to try to shift regulatory authority over Kalshi prediction markets from local governments to the federal level, arguing that sports event contracts are financial derivatives. If the court backs this position, it would change the legal status of prediction markets and standardize regulation nationwide, reducing the impact of local wagering laws.

BTC 15-minute drop of 1.75%: Derivatives liquidity deterioration and capital withdrawals in sync weigh on prices

From 01:30 to 01:45 (UTC) on 2026-04-12, the BTC price saw significant volatility within the 71,560.0–73,017.1 USDT range. The candlestick return rate recorded -1.75%, and the amplitude reached 2.00%. During this period, market attention increased, the trading atmosphere clearly became more cautious, and heightened volatility triggered short-term capital vigilance. The primary driving force behind this unusual move is the continued deterioration of liquidity in the derivatives market: CME futures open interest fell to a 14-month low, and institutional arbitrage capital accelerated its withdrawal. Futures trading volume trended lower over the long run, and arbitrage basis compression caused the market to deepen in…

ETH 15-minute sharp drop of 2.46%: Options expiration sell-off pressure and high-leverage position liquidations in sync trigger short-term downside pressure

2026-04-12 01:30 to 2026-04-12 01:45 (UTC), the ETH price dipped briefly. The candlestick data shows a 15-minute return of -2.46%, with a price range of 2219.38 to 2283.74 USDT and a volatility of 2.82%. During this period, market attention rose rapidly, spot and derivatives markets saw a clear increase in volatility, and investor sentiment was relatively cautious. The main driving force behind this unusual move is the expiration of large-scale derivatives options contracts. The total notional value of ETH options is about 669 million USD, and the Put/Call ratio

BTC 15-minute drop of 0.45%: Aggressive sell-side orders lead, layered with weakening liquidity at the margin, amplifying volatility

2026-04-11 23:00 to 2026-04-11 23:15（UTC）, BTC’s return over 15 minutes was -0.45%, and the price fluctuated within the range of 72907.4 to 73370.7 USDT, with a swing amplitude of 0.63%. During this period, market activity remains at a high level, but the price anomaly has drawn investors’ short-term attention. Overall trading sentiment is slightly cautious, and volatility is marginally higher than usual. The main driver behind this anomaly is that active sell orders have a slight advantage, causing a short-term downward adjustment in price. Combined with a modest increase in trading volume for major trading pairs and spot