Data shows the uplift that Bitcoin and other cryptocurrencies have seen during 
the past day has induced a significant amount of liquidations in the 
derivatives market. Crypto Derivatives Market Has Witnessed Nearly $630 
Million In Liquidations According to data from CoinGlass, a large amount of 
liquidations have occurred in the cryptocurrency derivatives sector. 
&#8220;Liquidation&#8221; here refers to the forceful closure that any open contract 
undergoes after it has amassed losses of a specific degree. Related Reading: 
Cardano Whale Count Climbs To 4-Month High Amid Steady Accumulation In the 
digital assets market, coins tend to be volatile and leverage usage can be 
high among traders, so events where mass liquidations take place at once 
aren&#8217;t a rare sight. One such squeeze has again occurred in the past day. 
Below is a table that breaks down the numbers relevant to the latest 
cryptocurrency market liquidations. In total, the cryptocurrency market has 
seen liquidations of about $627 million in the last 24 hours. This flush is a 
result of the sharp price action that Bitcoin and other assets have observed 
following the ceasefire between Iran and the United States. From the table, 
it&#8217;s apparent that liquidations have heavily leaned in the short direction, 
involving bearish bets of more than $473 million. The dominance of shorts 
isn&#8217;t surprising as price action has overall been toward the upside inside 
this window. In terms of the individual assets, Bitcoin has contributed the 
most toward the liquidation squeeze, with $276 million in positions involved. 
Like is usually the case, Ethereum has followed Bitcoin in second place with 
almost $121 million in liquidations. Out of the altcoins, Solana has witnessed 
the largest derivatives flush at $19 million. While the market has faced a 
large amount of liquidations, it would appear that speculative activity has 
been high enough to replace the lost positions. As highlighted by CryptoQuant 
community analyst Maartunn in an X post, the Ethereum Open Interest has seen a 
sharp surge alongside its rally back above the $2,200 level. The Open Interest 
here is an indicator tracking the total number of derivatives market positions 
related to Ethereum that are currently open on all centralized exchanges. This 
metric jumped by more than 14% as ETH observed its breakout. Related Reading: 
XRP 1-Year MVRV Falls To -41%, Lowest Since FTX Crash In the past, rallies 
fueled by speculative activity have often tended to be unstable, as a sharp 
surge in the Open Interest can unwind with strong liquidations. From the 
chart, it&#8217;s visible that the price jump at the start of this week saw this 
pattern play out. Bitcoin Price Bitcoin briefly touched the $72,800 mark 
during the rally before retracing back to $71,600. Featured image from Dall-E, 
chart from TradingView.com

Bitcoin Surge To $72,000 Unleashes $470M Squeeze On Crypto Bears

Bitcoin and ethereum allocations can swing from near zero to over 20% in 
diversified portfolios as return expectations rise, with Charles Schwab 
showing investor assumptions directly dictate crypto’s role in portfolio 
construction. Key Takeaways: Charles Schwab shows bitcoin allocations up to 
22.4% depending on return assumptions. Bitcoin allocations reach 16.9% for 
moderate portfolios when expected […]

Charles Schwab Identifies 2 Crypto Allocation Approaches Driving Bitcoin Weights as High as 22.4%

Bitcoin&#8217;s active address momentum has sunk to its weakest point since April 
2018, even as a separate index tracking overall network health has crossed 
into what analysts call a bull phase for the first time in roughly a year. 
Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms A 
Market Driven By Fewer, More Committed Players The active addresses momentum 
metric dropped to -0.25 on April 6, according to CryptoQuant data. The figure 
tracks how fast the number of active addresses is changing, and a negative 
reading points to shrinking user participation. Low readings like this have 
persisted since July 2025 — a stretch that mirrors a similar period in 2024 
that was followed by a 35% price drop. Crypto analyst Gaah, writing on 
CryptoQuant, says the numbers reflect the absence of short-term traders from 
the market. What remains, the analyst argues, is a base of long-term holders 
focused on steady buying rather than trading. Yet even as daily user activity 
contracts, wallets tied to long-term and retail-linked investors have been 
filling up. Data shows BTC held in accumulating address cohorts has reached 
4.37 million coins as of Tuesday — more than double the roughly 2 million held 
by the same group in early 2024. Retail-linked addresses alone added 
approximately 857,000 BTC, while wallets that buy at regular intervals with 
few outflows grew their combined holdings to nearly 1.30 million BTC. All of 
this happened while Bitcoin&#8217;s price stayed below $70,000 for the entire first 
quarter of 2026. Exchange Inflows Slow To A Fraction Of Prior Cycles Coin 
movement through centralized exchanges has dropped sharply compared to earlier 
growth periods. During the 2023 to 2024 expansion, inflows from highly active 
addresses often ran between 1.2 million and 1.5 million BTC. Reports indicate 
recent figures average between 300,000 and 350,000 BTC — roughly a quarter of 
that pace. Less coin is cycling through trading platforms, and more is being 
held off-market in long-term storage. That shift is tightening the available 
supply. When fewer coins sit on exchanges ready to be sold, the liquid supply 
shrinks, and the market becomes more sensitive to any uptick in demand. 
Network Activity Index Crosses A Key Threshold The CryptoQuant Bitcoin network 
activity index climbed to 3,600 from 3,320 on March 22. The index pulls 
together transaction counts and broader throughput signals into a single 
reading. It crossed above its 365-day moving average for the first time since 
December 2024, a level CryptoQuant associates with a bull phase — the first 
such signal since April 2025. Related Reading: XRP Headed For A Price Shock, 
Japan’s Financial Heavyweight Says The split between the two metrics tells an 
unusual story. One index is flashing positive. The other is at an eight-year 
low. Reports suggest the current phase is being pushed along by accumulation 
rather than by widespread network use or new participants entering the market. 
Bitcoin was trading at $72,045 at the time of publication, up nearly 5% on the 
day. Featured image from Meta, chart from TradingView

Accumulation Mode? Bitcoin Holders Quietly Amass 4.37M BTC As Bull Signal Emerges

Worldcoin price is trading at $0.2602, down 3.77% on the day, with the lower 
boundary of a six-month descending channel now pressing directly on price — 
and the all-time low at $0.2415 offering the only remaining floor before 
uncharted territory.…

Will Worldcoin price set a new all-time low as descending channel lower boundary converges on $0.24 support?

Traders on Polymarket and Kalshi are pricing in a fragile truce, with over 
$16.5 million wagered on when or whether Washington will officially close the 
books on its military campaign against Tehran. Key Takeaways: Polymarket’s 
U.S.-Iran military operations market hit $16.4M in volume, with April 30 
carrying 42% odds. Kalshi gives only a 16% chance […]

Cryptocurrency price in MYR