Leverage traders 'flushed out' by late-February crypto crash: Glassnode
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market. According to on-chain analytics provider, Glassnode, the late-February crypto market correction may have purged excessive leverage from the markets.On March 1, Glassnode published a report analyzing the recent crypto crash — which was only the second significant crypto correction since the markets pushed into new record highs in late 2020.Glassnode noted the crash peaked with a 25% fall from the local top of $58,300 to $43,343. As such, the....
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Data shows the Bitcoin crash from a few days ago flushed out $5.4 billion from futures open interest within the matter of hours. Cascade Of Long Liquidations Lead To 24.5% Reduction In Futures Open Interest As per the latest weekly report from Glassnode, when the price of Bitcoin crashed down to $42k a few days […]
Quick Facts: ➡️ Bitcoin’s brief crash to $93K erased 2025 gains, flushed out leverage and drove sentiment into extreme fear, opening space for rotation plays. ➡️ At the moment, traders’ attention is on promising projects, particularly those that offer utility, and not just mere virality. ➡️ Layer 2 infrastructure like Bitcoin Hyper targets Bitcoin’s core […]
Data shows following the crash, Bitcoin funding rates flipped to negative for the first time since September as market sentiment resets. Bitcoin Funding Rates Turn Negative For The First Time Since Late September As per the latest weekly report from Glassnode, market sentiment reset after the latest crash in BTC’s price as funding rates turned negative. The “perpetual funding rate” is an indicator that measures the periodic fee that Bitcoin futures traders have to pay each other to keep their positions. This metric helps us know about which direction leveraged positions....
XRP is struggling to hold the $1.35 level as the market consolidates in a range that has defined the price structure for weeks without resolving in either direction. The patience required to hold through this kind of sideways action is real — and a CryptoQuant report has just identified a structural condition beneath the surface that reframes what the current consolidation is actually building toward. Related Reading: Bitcoin Large Players Have Built A Sell Wall At $80.5K–$82K – Spoofing Or Structural Supply? The report examines the relationship between XRP’s leverage ratio and its....
XRP continues to struggle near the $1.33 level as persistent selling pressure weighs on sentiment across the broader crypto market. Momentum has weakened notably in recent sessions, with buyers showing limited conviction while Bitcoin remains range-bound and liquidity conditions stay tight. This lack of directional clarity has kept altcoins under pressure, and XRP has not been immune to the broader defensive posture currently shaping digital asset markets. Related Reading: The Saylor Discount: Why Bitcoin Trading Below Strategy’s Realized Price is a Gift for Late-Cycle Allocators Recent....