Data: If BTC breaks through $69,195, the total liquidation strength of long positions on mainstream CEXs will reach $1.521 billion.

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bitcoin news Derivatives Data

Source: ChainCatcher

2026-03-02 00:31:21

BTC-2,89%

ChainCatcher reports that, according to Coinglass data, if BTC breaks above $69,195, the total liquidation strength of long positions on major CEXs will reach $1.521 billion. Conversely, if BTC drops below $62,698, the total liquidation strength of short positions on major CEXs will reach $768 million.

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GameStop converts $368 million worth of Bitcoin into an options income strategy

bitcoin news Derivatives Data

GameStop disclosed that approximately 4,710 bitcoins were transferred to a certain CEX not for sale, but as collateral to participate in a covered call options strategy to earn premium income. This strategy means it no longer directly holds Bitcoin but records it as "accounts receivable" and bears counterparty risk. The financial report shows that the related accounts receivable are valued at about $368.3 million, with an unrealized loss of $59.7 million.

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· 03-02 00:34

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