Hormuz Strait Sees 4M Barrels Transit in 24 Hours Amid Fragile Ceasefire, but Crypto Markets Face Liquidity Risk

According to BlockBeats and Bitunix analysts, on May 27, roughly 4 million barrels of non-sanctioned crude oil transited the Hormuz Strait in the past 24 hours, signaling partial recovery of energy shipments. However, U.S. and Iranian forces continue to clash in waters near the strait, indicating the ceasefire remains extremely fragile.

Markets worry the real risk lies not in warfare itself, but in potential global liquidity shock if the ceasefire collapses. Unresolved issues—Iran's demand to unfreeze $24 billion in overseas assets and U.S. insistence on handling enriched uranium and sanctions—keep both sides far apart. In crypto markets, Bitcoin shows significant short liquidation clusters around $78,000–$78,200, while Ethereum accumulates heavy short positions near $2,150, indicating high-leverage positioning vulnerable to sudden geopolitical or rate-driven volatility.