News

The latest estimated BTC liquidation chart shows that cumulative short liquidations in the $67,500 to $72,500 range have exceeded $1 billion, while the outstanding long liquidations below $65,000 are less than $200 million. The overall market position structure is characterized by a “crowded shorts, relatively light longs” scenario. Looking at the specific distribution, a large number of 50x and 100x high-leverage short positions are concentrated in the $68,000 to $71,000 range, with the largest liquidation cluster appearing near $68,500. The potential forced liquidation amount in this area is close to $29 million, making it the most significant liquidity magnet at present. In contrast, the distribution of long liquidation orders above $65,000 is relatively sparse, lacking substantial forced liquidation liquidity support below, though the $65,500 to $66,000 area still provides some support. Currently, the market’s upward liquidity attraction is much stronger than to the downside, and $68,500 may serve as the key short-term battleground between bulls and bears. The AiCoin Open Data API now supports the liquidation heatmap interface: https://www.aicoin.com/zh-Hans/opendata

BlockBeats News, June 3rd. This week, Bitcoin has experienced a panic-selling crash under the shadow of the Strategy and the impact of AI fund outflows, dropping over 10% from $74,000 at one point. It has now retraced to consolidate in a low-level range for the year. Notably, during this period, the Bitcoin perpetual futures open interest has paradoxically risen, now standing at 784,400 contracts, close to a historical high. In response to this phenomenon, Killa, a well-known trader who accurately predicted the peak of the bull market in May 2025, stated, this often signals a key top or bottom and deserves close attention.

On June 3, it was reported that the U.S. government officially appealed on June 2 against the ruling by the U.S. Court of International Trade that ordered the U.S. Customs and Border Protection (CBP) to refund tariffs. The outcome of the appeal is significant as it pertains to approximately $166 billion in tariff revenue collected from U.S. importers during the Trump administration, and the ongoing tariff refund process may be affected. According to a Supreme Court ruling, a judge from the U.S. Court of International Trade ruled on March 4 that the CBP could not assess tariffs based on the International Emergency Economic Powers Act. This means that tariffs previously collected from importers under that law must be refunded. As reported by the CBP, as of March 4, over 330,000 importers had prepaid or paid a total of approximately $166 billion in related tariffs. A recent legal document submitted by the agency indicates that as of May 22, it had processed refund requests totaling about $85 billion and requested the Treasury to refund approximately $20.6 billion in tariffs.