Latest ‘Sunday Slam’ Drops Bitcoin 5% as Liquidations Surge, Sparking Bitcoin...
What to Know: A 5% Bitcoin pullback and more than $500M in liquidations show how quickly overleveraged long positions unwind when volatility returns. Volatility spikes often drive traders out of crowded perpetual futures trades and into emerging Bitcoin-adjacent themes such as Layer-2 infrastructure and smart contract ecosystems. Bitcoin Hyper ($HYPER) is designed to close Bitcoin’s throughput and programmability gaps with an SVM-backed Layer-2 offering sub-second execution anchored to the Bitcoin base layer. Rising interest in Bitcoin-native DeFi and high-speed payment rails indicates....
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Bitcoin has plunged below the $80K level, setting fresh lows and sparking fear across the market. The recent downturn has erased over 18% of BTC’s value since last Sunday, leaving investor sentiment at extremely fearful levels. This sell-off has led to concerns about whether the bull market is coming to an end or if this […]
Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from CoinGlass, the latest volatility in the cryptocurrency market has led to large liquidations on the derivatives side. “Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed losses of a certain degree. Related Reading: Bitcoin Recovery Stalls As HODLers Apply....
Data shows the crypto futures market has observed around $150 million in liquidations in the past day as the price of Bitcoin drops below $22k. $150 Million Gets Liquidated In The Crypto Futures Market During Last 24 Hours In case anyone isn’t aware of what “liquidations” are, it’s best to first take a brief look […]
Bitcoin (BTC) crashed below $69,000 on Sunday resulting in significant levels of market liquidations. Interestingly, analysts have also noted a correlation of this decline with a decrease in the winning odds of US Republican presidential candidate Donald Trump ahead of the general elections on November 5. Related Reading: Bitcoin At Risk Of Deeper Correction – […]
Over the last 24 hours, thousands of crypto traders have lost their positions in the market. The liquidations had ramped up, especially after the price of bitcoin had lost its footing above $19,000. It triggered one of the largest liquidations for the year 2022, with traders losing hundreds of millions of dollars in the span of a single day. More Than 125,000 Trader Rekt In the 24 hours following bitcoin’s decline to the $18,000 territory, more than 125,000 have had their positions liquidated. This amounted to more than $410 million that has been lost in the past day. Not surprisingly, the....