the total open interest amounted to $103053921349.91005, with BTC at $48.68 billion, ETH at $30.29 billion, XRP at $4.81 billion, LTC at $2.17 billion, ETC at $1.38 billion, DASH at $1.19 billion, IOTA at $1.02 billion, QTUM at $582.41 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

The total liquidation amount in the past 24 hours was $113.78 million, including $17.88 million in ETH, $16.63 million in PIPPIN, $15.03 million in BTC, $9.58 million in 1000LUNC, $4.41 million in ZEC, $4.22 million in MOODENG, $4.21 million in LUNA, $3.50 million in SOL, $2.22 million in BEAT, $2.18 million in FARTCOIN, $1.82 million in PIEVERSE, $1.51 million in LUNC, $1.17 million in SUI, $1.13 million in XRP, $775,043.26 in POWER, $743,712.5 in PUFFER, $717,366.7 in RLS, $699,761.73 in ASTER, $596,203.95 in DOGE, $584,873.52 in PUMP, $581,059.66 in H, $492,953.17 in SWARMS, $492,406.99 in BCH, $468,644.01 in XNY, $454,044.88 in ACE, $443,529.4 in HMSTR, $434,119.77 in MON, $385,283.35 in SAPIEN, $375,061.08 in 1000PEPE, $362,227.68 in GRIFFAIN, $315,717.82 in BANANAS31, $268,893.92 in TRADOOR, $262,514.65 in ENA, $242,456.63 in TRUTH, $238,439.98 in BNB, $232,365.42 in PEPE, $230,996.8 in NOT, $229,672.62 in TRUMP, $228,436.01 in THE, $219,050.59 in HYPE, $212,177.52 in NEAR, $210,843.69 in BOB, $210,183.33 in FIL, $207,341.42 in GIGGLE, $206,036.67 in ALLO, $193,856.81 in ACT, $184,523.54 in LIGHT, $172,718.91 in ADA, $171,911.35 in PENGU, $163,410.23 in WIF, $159,230.33 in XPL, $159,184.68 in CC, $156,053.53 in STRK, $155,466.17 in DASH, $143,170.84 in TNSR, $140,274.16 in LINK, $138,350.89 in ALCH, $134,947.41 in TAO, $133,716.91 in BAT, $131,615.39 in TIA, $131,574.7 in OP, $122,257.02 in MERL, $121,645.42 in AVAX, $120,830.29 in LTC, $117,669.55 in AIA, $113,660.53 in CRV, $107,693.14 in PARTI, $107,675.17 in BIANRENSHENG, $107,474.68 in APT, $106,936.7 in RARE, $102,465.15 in USELESS, $101,976.46 in CHZ, $101,243.45 in SAND, $101,032.69 in AAVE, $100,156.18 in SKYAI, $97,131.53 in 1000BONK, $96,807.76 in TURBO, $96,709.26 in SPX, $96,042.82 in ARC, $95,677.8 in AT, $94,485.62 in MMT, $91,454.21 in SENT, $89,171.47 in OL, $87,467.57 in ZEN, $86,115.56 in EGLD, $84,015.08 in 1000SHIB, $74,979.3 in PNUT, $74,704.41 in RECALL, $74,071.74 in LSK, $73,927.22 in TRX, $70,474.58 in IRYS, $69,829.25 in RIVER, $68,986.31 in VIRTUAL, $68,531.62 in JCT, $67,079.34 in CVC, $66,116.85 in TRUST, $65,211.77 in MNT, $65,169.27 in GOAT, $65,088.8 in DENT, $5.19 million in Others. The data is sourced from the quarterly and perpetual contracts of Binance, Bybit, OKX, Gate, HTX, Hyperliquid, BitMEX, Bitfinex. The statistical period is from 8:30 AM on December 6, 2025 to 8:30 AM on December 7, 2025. This report is for informational purposes only and does not constitute investment advice.

Odaily Planet Daily reports that Jupiter Exchange COO Kash Dhanda recently responded to community criticism, stating that the team's previous social media claims that Jupiter Lend's vault had "zero contagion risk" were inaccurate. Jupiter had previously promoted its lending vault as a "risk-isolated" structure, claiming that trading pairs "would not cross-infect, thus eliminating any risk of contagion," but this content has since been deleted. In a video posted on the X platform, Dhanda confirmed that the vault is indeed designed to be isolated, but also acknowledged that Jupiter Lend has re-collateralized assets. Last week, Solana lending platform Kamino, concerned that its risk model was misleading to users, blocked Jupiter Lend's migration tools, and its co-founder also publicly criticized Jupiter's risk statements. (The Block)

According to Odaily Planet Daily, on-chain analytics platform CryptoQuant points out that the Bitcoin SOPR ratio (LTH-SOPR / STH-SOPR) has fallen back to 1.35, the lowest level since early 2024, coinciding with the price pullback to $89,700. Typically, a high ratio indicates that long-term holders (LTH) are actively profiting compared to short-term holders (STH); however, this significant drop suggests that selling pressure from older coins has weakened considerably, and the actual profit gap between the two groups is narrowing, indicating the market is entering a new "reset" process. CryptoQuant states that historically, when this indicator falls to similar levels during a bull market, it often signifies that the selling pressure is nearing its end. If the ratio stabilizes or rebounds around 1.35, it may indicate that a local bottom is gradually forming, laying a healthier foundation for subsequent market movements.

According to an article by Eric Balchunas, a Bloomberg ETF analyst, Bitcoin's performance this year is largely a natural pullback from last year's exceptionally strong surge. Bitcoin rose 122% in 2024, roughly five times the growth of other assets. Therefore, even if it trades sideways or experiences a slight correction in 2025, as long as it maintains an average annual gain of around 50%, this "cooling-off period" is normal. He stated that the market has overreacted to Bitcoin's pullback, and similar situations are quite common in traditional assets such as stocks.