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ChainCatcher News, according to Coinglass data, if ETH surpasses $4,708, the cumulative short liquidation intensity on major CEXs will reach $2.196 billions. Conversely, if ETH falls below $4,288, the cumulative long liquidation intensity on major CEXs will reach $1.341 billions.

ChainCatcher News, the U.S. Commodity Futures Trading Commission (CFTC) Division of Market Oversight today issued guidance on the registration framework for Foreign Boards of Trade (FBOT), applicable to non-U.S. entities that are legally established and operating outside the United States and wish to provide direct trading platform access to individuals located within the United States. The CFTC's FBOT registration framework applies to all markets, regardless of asset class, including both traditional and digital asset markets. Acting Chair Caroline D. Pham stated: "The FBOT guidance issued today provides regulatory clarity for the legitimate return of trading activities to the U.S. that had left due to enforcement-driven regulation in recent years. By reaffirming the CFTC's longstanding approach, we offer U.S. traders diverse choices and access to the world's deepest and most liquid markets, as well as a wide range of products and asset classes. U.S. companies that were forced to establish operations abroad to conduct crypto asset trading now have the opportunity to return to the U.S. market."