Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Bitcoin Market Shaken by Massive Short Position Liquidations
According to real-time data from Coinglass, Bitcoin has been hitting new highs in recent trading sessions, with large-scale short position liquidations occurring one after another. Notably, on the HTX exchange, a single liquidation event recorded $34.9782 million in forced settlement losses.
**Multiple Million-Dollar Liquidations Occur**
In addition to the maximum liquidation on HTX, over 11 instances of liquidations exceeding $1 million have been reported across the entire network. These chain reaction liquidation events suggest a challenging market environment for short sellers.
**Current Bitcoin Market Price**
Bitcoin is currently trading around $93,000, with loss pressures from short position holders continuing to impact the market. During such mass liquidation phases, volatility is expected to increase, so caution is advised in position management.