$500M Liquidations Rock Ethereum and Bitcoin: Is the Crash Fueling Whale Accu...
The crypto market faced a brutal correction on Monday, with nearly $500 million in liquidations rattling traders across Bitcoin (BTC) and Ethereum (ETH). Related Reading: New Solana Consensus Model ‘Alpenglow’ Enters Community Vote According to CoinGlass data, over 115,000 traders were liquidated as Bitcoin slipped to $115,000 and Ethereum plunged toward the $4,200 danger zone. […]
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A major Bitcoin whale has begun offloading massive amounts of BTC while simultaneously accumulating ETH. Such whale activity has typically influenced sentiment and liquidity, with ETH stacking rising in pace as BTC reserves are reduced, as analysts watch to see whether whale conviction could tilt the balance between the two largest cryptocurrencies. Whale Unwinds 15,000 BTC Position A Bitcoin whale who once held 15,000 BTC is selling massive amounts of BTC and buying ETH, making waves across the crypto market. Analyst CryptoGucci has revealed on X that this wallet, which originally held....
The effects of the long liquidations that rocked bitcoin after the digital asset had fallen to $25,000 continue to be felt even now. Bitcoin which has since managed to recover above $30,000 once more remains a prime liquidation target in the market. Even now, a week after the crash that had seen it record its largest liquidation event in six, long traders are still being rekt in the markets. Bitcoin Liquidations Touch $61 Million Bitcoin long liquidations may have slowed down but they are far from over. In the last 24 hours, the market has seen more than 61 traders liquidated which has....
Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations Relaxes Although liquidations cannot entirely stop, the liquidations have begun to subside. It had fallen from over $1 billion in liquidations at the height of the market crash and has slowly but surely returned to normal levels. This is obvious in liquidations....
Rock jpeg’s are back at it again with more antics. EtherRocks have solidified themselves as a quiet, but stapled NFT that doesn’t get nearly the exposure of headline names like CryptoPunks or Bored Ape Yacht Club – but still holds a consistent floor north of $500M. It’s a unique story in the NFT space. This […]
The crypto market is reeling once again after an intense wave of liquidations erased over $2 billion in leveraged positions within a single day. Related Reading: Ethereum Dead Cat Bounce Puts Price At $3,400, But What’s The Ultimate Target? With Bitcoin, Ethereum, Solana, and other major assets plunging sharply, traders are bracing for what could be another turbulent stretch, especially with billions in options set to expire. ETH's price trends to the downside on the daily chart. Source: ETHUSD on Tradingview Massive Liquidations Trigger Steep Sell-Off According to data from Coinglass,....