ChainCatcher news, Ryan Lee, the chief analyst at Bitget Research Institute, pointed out that as the market enters the second quarter, Bitcoin and Ethereum are facing a dual test of macro and technical factors. Currently, BTC is oscillating in the $80,000-$86,000 range, while ETH is fluctuating in the $1,600-$2,200 range.The 25% tariff policy proposed by Trump (set to be implemented on April 2 for goods from Mexico and Canada) has raised market concerns about the restart of a trade war, increasing the correlation between crypto assets and traditional markets. The correlation between BTC and the Nasdaq has reached 0.67, and if U.S. stocks weaken further, it may drag down the crypto market.ETF fund flows are also showing divergence: BTC ETFs continue to attract capital, while ETH ETFs are experiencing continuous outflows, indicating that institutional preferences are leaning towards Bitcoin. Relevant data shows that if ETH drops 20% from its current price, it will trigger over $336 million in liquidations, mainly concentrated on DeFi lending platforms. ETH's high reliance on leverage protocols may lead to a chain reaction of selling pressure, with $1,600 becoming a key support level; a drop below this level could accelerate the decline.

ChainCatcher news, according to Lookonchain monitoring, as the ETH price drops, two whales holding a loan position of 125,603 ETH in Maker are once again facing liquidation risk, with a total value of $238 million.The health of the whale positions has dropped to 1.07, with liquidation prices of $1,805 and $1,787 respectively.

ChainCatcher news, user @Rocky_Bitcoin posted on the X platform stating that on-chain data shows a certain whale recently opened a large long position with 50x high leverage, including a long position of 120 million USD in ETH and 70 million USD in BTC, totaling approximately 190 million USD. The opening price for ETH was 2196.91 USD, and the opening price for BTC was 85880.80 USD.

ChainCatcher message, according to OnchainLens monitoring, a certain whale is facing the risk of liquidation on Compound, with an amount of 488.49 WBTC (approximately 46.99 million USD). The current health factor is 1.02, and the liquidation price is 91,785 USD.

ChainCatcher news, according to Jinshi reports, U.S. Bank Chief Economist Stephen Juneau released a latest report warning that investors ignoring inflation data may face liquidation risks in 2025. The latest data shows that the November CPI rose by 2.7% year-on-year and increased by 0.3% month-on-month, up 0.1 percentage points from October; the November PPI rose by 0.4% month-on-month, significantly exceeding the market expectation of 0.2%.Federal funds futures indicate a 98% probability that the Federal Reserve will cut interest rates by 25 basis points next week, but BlackRock Global Fixed Income CIO Rick Rieder, EY Chief Economist Greg Daco, and Nationwide Economist Oren Klachkin all expect that, influenced by potential new policies from Trump, the Federal Reserve may pause the rate-cutting process in early 2025.The market needs to be wary of three major risks: higher tariff policies, deficit financing tax cut plans, and tightened immigration policies, as these factors may keep the core PCE inflation rate elevated over the next two years. Daco particularly pointed out that although the possibility of a rate cut next week is close to a "coin toss probability," the subsequent pace of rate cuts will clearly slow down, and policymakers will remain highly vigilant regarding new government policies.

ChainCatcher news, Parallel Network announced on social media that the borrowing liquidation threshold of its NFT lending platform will be reduced by 1% daily until it reaches the target value. For example, the BAYC threshold will be lowered from 80% to 65%, and the MAYC will be reduced from 70% to 65%. Parallel stated that the threshold reduction will affect the lending health coefficient, and users should be aware of liquidation risks.Previously, Parallel Network indicated that due to recent fluctuations in the NFT market and declining prices, it will adjust the parameters of the NFT lending protocol to reduce systemic risk.

ChainCatcher news, crypto researcher 0xLoki stated that Curve founder Michael Egorov's CRV debt position is once again facing liquidation risks. He has borrowed over $54 million across 6 lending platforms, with collateral and remaining wallet assets primarily being Curve. The safety factors of the 6 debt positions range from 1.28 to 2.29. If the price of CRV drops another 23%, to $0.36, it will trigger liquidation.Among them, the debt position with the lowest safety factor is Frax Lending, with the current borrowing rate at 35%. If the utilization rate continues to increase, Frax Lending may re-enter a high-interest mode, accelerating the occurrence of liquidation. In this loan, Michael has collateralized 39 million CRV, borrowing 17 million Frax, while the trading volume of CRV on Binance in the past 24 hours was 10.9 million.

ChainCatcher message, X user @ai_9684xtpa monitoring shows that a certain whale continuously going long on the ETH/BTC exchange rate currently has a health factor of 1.06 on Aave, indicating a high liquidation risk.The address has collateralized 46,000 ETH and 370,000 USDC, borrowed 2,088.69 WBTC, and provided unilateral liquidity to the WBTC/ETH trading pair through Uniswap to buy more ETH. The current ETH/BTC exchange rate is 0.05487, and liquidation will be triggered when the ratio reaches 0.05176.

ChainCatcher news, the blockchain security organization Chaos Labs has initiated two proposals on the Aave governance forum aimed at addressing the systemic liquidation risks posed by Curve founder Michael Egorov's large borrowing positions on Aave. One AIP proposal suggests disabling CRV lending on Ethereum and Polygon V3, while the other proposal recommends lowering the CRV liquidation threshold (LT) on Aave V2 Ethereum by 6%. Currently, both proposals have a support rate of 100%.

ChainCatcher news, DefiLlama data shows that on the Aave v2 CRV market, if CRV drops to $0.372, there will be 304.9 million CRV (approximately $115 million) at risk of liquidation. According to OKX market data, the current price of CRV is 0.564 USDT, with a drop potential of about 34% to $0.372.

ChainCatcher news, DefiLlama data shows that in the stETH market of Aave v2, if stETH drops to around $1570, there will be 47,300 stETH (approximately $74.5 million) at risk of liquidation. The current ETH price is $1649, which is about a 4.9% drop from $1570. (source link)

ChainCatcher news, according to DefiLlama data, on the Aave v2 CRV market, if CRV drops to $0.371, there will be 288 million CRV (approximately $108 million) at risk of liquidation.It is reported that the current CRV price is $0.57, with a drop of about 35% to $0.371. (source link)

ChainCatcher news, PeckShield monitoring shows that as the ETH price drops, a MakerDAO vault will face liquidation when the ETH price falls to $1284.684, with a total debt of approximately 3.3 million DAI. (source link)