Bitcoin Liquidation Cascade: Why $HYPER is Outperforming the Dip
The crypto market is violently flushing leverage right now. Coinglass data shows that over the period from Jan 29-31, $1.5B in $BTC leveraged long positions were wiped. Bitcoin ($BTC) is retracing sharply, triggering a cascade of liquidations across major exchanges. When the market leader sneezes, altcoins usually catch a cold, often resulting in brutal double-digit drawdowns for high-beta assets. This volatility is classic late-stage correction behavior: wipe out the over-leveraged longs to reset open interest. But market downturns are funny things. While speculative capital flees, smart....
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Quick Facts: 1️⃣ TD Cowen forecasts Bitcoin reaching $141K by December, signalling renewed institutional interest. 2️⃣ Bitcoin has rebounded after a record $19B liquidation event, showing strong market resilience. 3️⃣ Bitcoin Hyper ($HYPER) brings Solana-level speed and scalability to Bitcoin through its Layer-2, powered by the Solana Virtual Machine. 4️⃣ The $HYPER presale has raised […]
The PEPE price was one of the worst-hit altcoins in the weekend liquidation event, as the price plummeted more than 60% in a matter of minutes. This led to a cascade of liquidations as traders scrambled to save their positions. Now, though, with the liquidation event out of the way and the market looking to be […]
A large number of Bored Apes Yacht Club NFTs are approaching liquidation on the lending platform BendDAO, can this cascade into a crash of the entire non-fungible token market? Bored Apes NFTs At Risk Of Liquidation As Floor Prices Drop More Than 50% Since All-Time High BendDAO is a platform that lends out Ethereum loans […]
A sudden 4,455% spike in $XRP’s hourly liquidation imbalance just wiped out $8.14M in bullish bets, and the market’s feeling it The sharp reversal caught overleveraged traders as $XRP tumbled from $3.05 to $2.88 within the hour, erasing days of momentum. Coming right after $XRP briefly surpassed BlackRock in market cap, the drop shows just how fragile sentiment remains in Uptober’s volatile environment run. As risk-off sentiment spreads, some traders are already seeking the next breakout opportunities in top altcoins to buy, such as Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and Aster....
What to Know: ➡️ Bitcoin reclaimed $111K following violent whipsaw action that liquidated over $20B in leveraged positions. ➡️ The volatility highlighted Bitcoin’s ongoing scalability challenges and painfully slow transaction speeds. ➡️ Bitcoin Hyper ($HYPER) emerges as the first genuine Layer-2 solution, bringing SVM-powered speed to Bitcoin’s ecosystem. After touching a spicy $114K earlier this week, Bitcoin decided to test everyone’s conviction by plummeting below $107K on Wednesday, only to bounce back to $111K by Thursday. Classic Bitcoin. If you’re not being emotionally....