Crypto

Bitcoin liquidation heatmap: Reading crowded price zones before sharp drops

A bitcoin liquidation heatmap can help gauge where price volatility may increase by showing where leveraged positions are concentrated, the Crypto Basic said on June 5. The tool overlays exchange data such as open interest, leverage and margin levels on a price chart. When liquidation orders cluster at certain levels, price moves into those zones can trigger cascading liquidations. Examples cited include a February drop and large liquidations on HTX.

AI & Enterprise

Bae Kyung-hoon to ask Jensen Huang for Vera Rubin GPU supply this year, says B300 on time

Bae Kyung-hoon (배경훈), deputy prime minister and science minister, said he plans to ask Nvidia CEO Jensen Huang for supply of Vera Rubin graphics processing units within this year. He said B300 chips appear likely to arrive on time, while Vera Rubin may be delayed. The ministry named Naver Cloud, Samsung SDS and Elice Group as operators for a 2.08 trillion won GPU procurement and support project targeting 9,704 GPUs.