Derivatives Data

CryptoQuant's analysis suggests Bitcoin is either resetting after a short squeeze or entering a mini-bear phase. While recently acquired coins are underwater, longer-held coins remain stable. Market conditions and trading volume indicate potential volatility, with traders monitoring price recovery and on-chain signals to determine the trend's trajectory.

Gate News bot message, whale address "0x049" deposited $1.765 million in USDC into HyperLiquid and opened long positions on ETH and BTC with 20x leverage. Current holdings show 9,411.33 ETH valued at $18.59 million and 260.11 BTC valued at $17.49 million.

On February 18, 2026, from 15:30 to 15:45 (UTC), BTC recorded a 1.17% 15-minute candlestick return, with prices experiencing a short-term rebound. During this period, market sentiment was extremely fearful, trading volume remained high, highlighting increased short-term volatility and attention. The main drivers of this anomaly are changes in capital liquidity preferences and increased risk aversion. Advances in Ethereum mainnet technology have led to a reshuffling of the Layer2 ecosystem, with valuation bubbles being squeezed out, causing high-risk capital to flow out en masse and shift towards mainstream cryptocurrencies like BTC. Meanwhile, BTC, as a market safe-haven anchor, attracted a large amount of short-term buying interest, pushing

PANews February 18 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market reached $154 million, including $96.1563 million in long positions and $57.4666 million in short positions. The total liquidation amount for BTC was $52.4197 million, and for ETH it was $44.1344 million.

K33 Research indicates that the current structure of the Bitcoin market is similar to the end of the 2022 bear market, suggesting a possible prolonged consolidation rather than a quick rebound. Despite attractive entry points, markets often require a long adjustment period after the bottom, and historical data shows low returns, requiring patience.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $64,057, the total long liquidation strength on major CEXs will reach $1.362 billion. Conversely, if BTC breaks above $70,609, the total short liquidation strength on major CEXs will reach $1.126 billion.

BlockBeats reports that the whale "neoyokio.eth" established a long position in ASTER with 2x leverage on January 28 and has recently added to its position. The current holdings have increased to $14.9 million, making it the largest long position on the chain. Its sub-address previously held a $2 million ASTR long position but has since closed it. This whale also previously went long before the XPL rally, with significant unrealized gains.

In the past 24 hours, the cryptocurrency market has liquidated approximately $134.42 million, with a relatively balanced ratio. Bitcoin and Ethereum liquidation volumes dominate, while WLFI tokens, despite rising by 17.81%, have experienced an abnormal phenomenon of more short liquidations, requiring attention to the market's two-way volatility risk.

If Bitcoin drops below $66,000, long positions on mainstream CEXs will be liquidated to the tune of $957 million; if it breaks above $70,000, short positions will be liquidated to $989 million. The liquidation chart shows the impact of price changes on market strength.

ChainCatcher News, according to Coinglass data, if BTC drops below $64,613, the total long liquidation strength on major CEXs will reach $1.298 billion. Conversely, if BTC breaks through $71,123, the total short liquidation strength on major CEXs will reach $1.143 billion.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,911, the total liquidation strength of long positions on major CEXs will reach $977 million. Conversely, if ETH breaks above $2,109, the total liquidation strength of short positions on major CEXs will reach $495 million.

A Bitcoin whale opened a $54.2 million long position with 40x leverage, risking significant loss amid uncertain market conditions. Entered at $68,200, the trade has seen an unrealized loss and a tight liquidation level, prompting mixed reactions from the crypto community.

Hedera (HBAR) is currently trading below $0.101, struggling to break key resistance levels. With a declining open interest and negative funding rates, market sentiments remain cautious, suggesting a bearish trend. If prices fall below $0.090, further declines may follow, although potential upward movement exists if HBAR surpasses $0.105.

Bitcoin weakens while Ethereum strengthens, and the market remains volatile. It is reported that there has been $771 million in short-term liquidations. Ethereum spot ETF inflows amount to $48.63 million, while Bitcoin experiences outflows of $104.9 million. Meanwhile, DeFi protocol Moonwell lost $1.78 million due to oracle failure, and Russia may block access to offshore exchanges starting July 1. The overall market should pay attention to these risk factors.

According to Coinglass data, the whale holdings on the Hyperliquid platform have reached $2.827 billion, with long and short positions each accounting for nearly 50%. Among them, one address is fully long ETH at a high level, with an unrealized profit and loss of -$919,500.

Global Bitcoin market sentiment is increasingly divided, with Wall Street institutional investors remaining bullish, but funds outside the United States are withdrawing noticeably. The premium on CME futures trading is higher than on Deribit, indicating that American institutions still have a strong risk appetite. Recently, Bitcoin has been affected by concerns over quantum computing technology, but its actual performance has declined in tandem with related companies, reflecting a cooling of market risk appetite for long-term assets.

Bitcoin futures open interest has dropped 55% since October 2025, down to $44 billion, indicating bearish market sentiment and decreased trader participation. Institutions have reduced their positions in response to price pressure, and hedging sentiment has generally increased. Despite volatility, long-term holders continue to accumulate Bitcoin, demonstrating market resilience. Analysts predict a potential bottoming out and rebound.

Ripple (XRP) experienced a slight correction at the time of writing on Wednesday, retreating from the daily opening level of $1.48, amid a cautious sentiment still prevailing across the entire cryptocurrency market. Currently, a short-term support zone is gradually forming around the $1.45 mark. However, the pressure

ChainCatcher reports that the whale holdings on the Hyperliquid platform have reached $2.869 billion, with long positions totaling $1.419 billion, accounting for 49.48%, and short positions totaling $1.449 billion, accounting for 50.52%. The profit and loss for longs is -$149 million, and for shorts is $251 million. Meanwhile, the whale address 0xa5b0..41 is currently holding a 15x leveraged long position on ETH with all funds, with an unrealized P&L of -$2.0965 million.

Gate News bot message, the whale address "pension-usdt.eth" deposited $30 million USDC into HyperLiquid and opened a Bitcoin long position with 3x leverage. The position details are as follows: Amount is 1,000 BTC with a total value of $67.59 million, entry price at $67,203.6, and liquidation price