Ethereum Experiences Broad Long Squeeze Across Derivatives Exchanges: Can Bul...
Ethereum has come under intense selling pressure, recording a sharp 28% decline since last Friday as the price decisively lost the $3,000 psychological level. What initially appeared to be a controlled pullback quickly escalated into one of the most aggressive downside moves seen in recent months, reflecting a sudden shift in market sentiment and risk appetite across the crypto space. Related Reading: Bitcoin Miner Fees Remain Near Cycle Lows: What Does This Signal? On January 31st, the Ethereum market experienced a major capitulation event. ETH collapsed from above $3,000 to the $2,350....
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Data shows the cryptocurrency derivatives market has faced a high amount of short liquidations following the rallies in Bitcoin and Ethereum. Crypto Market Liquidations Have Crossed $535 Million According to data from CoinGlass, liquidations have piled up on cryptocurrency derivatives exchanges following the market volatility of the last 24 hours. “Liquidation” here refers to the […]
Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged. Crypto Liquidations Have Surpassed $712 Million Over The Past Day According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last 24 hours. Related Reading: Bitcoin MVRV Ratio Signals Price Hot, But Not In Danger Zone Yet Below is a table that shows how the liquidations have looked for the cryptocurrency sector within this window. As is visible, almost $712....
As a result of the recent pullback in the cryptocurrency market over the weekend, Ethereum (ETH) has created two Chicago Mercantile Exchange (CME) gaps at $3,000 and $2,600. Crypto analyst Ted suggests that a short squeeze could soon push the price beyond $3,000, potentially filling these two CME gaps. Is An Ethereum Short Squeeze Imminent? […]
Bitcoin, Ethereum, and other digital assets have witnessed a sharp retrace during the last 24 hours, which has resulted in a long squeeze on derivatives exchanges. Crypto Long Liquidations Have Neared $600 Million During The Past Day According to data from CoinGlass, the latest sharp price action in the cryptocurrency market has accompanied a huge amount of liquidations over at the derivatives side of the sector. Related Reading: US Bitcoin Session Leads December Returns After Weak November “Liquidation” here naturally refers to the forceful closure that any open contract has....
On-chain data shows the Bitcoin open interest is sharply rising, a sign that a long squeeze may be brewing in the crypto futures market. Bitcoin Open Interest Has Observed Rise Recently, While Funding Rates Remain Positive As pointed out by an analyst in a CryptoQuant post, the futures market may be heading towards a long squeeze in the near future. The “open interest” is an indicator that measures the total amount of Bitcoin futures positions currently open on derivatives exchanges. It includes both long and short positions. An increasing value of the metric suggests users are....