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1Bitget Daily Digest (Nov 21) | U.S. September Nonfarm Payrolls Unexpectedly Increase by 119,000; BTC Falls Below $86,000, Crypto Market Sees $834M in Liquidations; OpenAI Launches ChatGPT Group Chat Feature Globally2Bitcoin slump to $86K brings BTC closer to ‘max pain’ but great ‘discount’ zone3Bitcoin, stocks crumble after Nvidia earnings and Fed uncertainty over next rate cut
Flash
- 11:56Data: Bitcoin dropped from $107,000 to $85,000 in just 11 days, with a long/short account ratio of 2.67:1 for Bitcoin on a certain exchange in 24 hours.According to ChainCatcher, on-chain analyst Ai姨 has monitored that bitcoin dropped from $107,000 to $85,000 in just 11 days, with the market continuing to decline. In the past 24 hours, the total amount of liquidations in the market reached $1.87 billion, with longs accounting for 87% of that; over the past week, the cumulative liquidation scale was between $5 billion and $7 billion, with BTC accounting for 40-60%. Due to last night's dip, both BTC and ETH OI have decreased to varying degrees in the past 24 hours, with BTC OI at $58.55 billion and ETH at $32.72 billion. Contrary to intuitive perception, longs still dominate the existing OI. Taking BTC data from a certain exchange as an example, the 24-hour long-short account ratio is 2.67:1, and the ratio among top traders is as high as 3.38:1; most exchanges maintain a positive funding rate, meaning longs continue to pay shorts.
- 10:53An independent miner successfully mined block 924569, capturing a reward of 3.146 BTC.According to ChainCatcher, citing mempool data, at 22:13:06 yesterday, an independent Bitcoin miner successfully mined block 924569, receiving a block reward of 3.146 BTC, worth approximately $264,500.
- 10:44Analyst: 20,000 bitcoins flowed into exchanges in the past week, worth nearly $2 billionAccording to a report by Jinse Finance, on-chain analyst Ali (@ali_charts) monitored that 20,000 bitcoins, worth nearly $2 billion, flowed into exchanges over the past week.