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Dogwifhat Shorts Liquidations Soar Amid Price Surge, Diverge From Dogecoin's Trajectory
Friday, March 29, 2024 - 12:49am | 633The cryptocurrency sector is experiencing a surge in meme coin activity, with Dogwifhat (CRYPTO: WIF) witnessing a significant increase in short liquidations. What Happened: Dogwifhat, a meme coin based on the Solana (SOL) blockchain, has seen a substantial rise in its price. The token, which...
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Macro Guru Raoul Pal Warns Leveraging In '70 Vol Asset' Is A 'Ticket To Bankruptcy' Amid $1B Crypto Liquidations
Wednesday, March 6, 2024 - 4:02am | 651Macro Guru Raoul Pal is offering some words of wisdom to cryptocurrency traders facing the sting of market liquidations. What Happened: In an X post, Pal addressed the disadvantages of using leverage when trading crypto. “You’ve gotta love crypto + leverage… you get...
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Solana Plummets 14% On Heels Of Spot Bitcoin ETF Delay Rumor, $640M Liquidation Cascade
Wednesday, January 3, 2024 - 12:29pm | 613Fears of a delay in Spot Bitcoin ETF approvals spurred the biggest cryptocurrency market dip in months. What Happened: Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are down 7% and 7.6%, respectively in the past 24 hours. Bitcoin and Ether also witnessed an increase of 23% and50%,...
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Solana Below $100 With 8% Plunge Amid Drop In Total Value Locked: 'That Push Above $100 Has Turned Into A Bull Trap' Expert Says
Thursday, December 28, 2023 - 7:20pm | 610While Solana (CRYPTO: SOL) rallied significantly in the past week taking its position to the top fourth-ranked crypto token, now it is witnessing a drop in price amid falling Total Value Locked (TVL) and profit booking amongst traders. What Happened: Solana is currently seeing a price...
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What's Going On With Crypto Markets? Board Bleeds Red, 2023 Rally Witnesses Drop
Monday, December 11, 2023 - 3:55pm | 709With two weeks remaining for 2023 to end, the crypto markets seem to be trading under pressure ahead of the Federal Open Market Committee’s (FOMC) final meeting and decision on interest rates. What Happened: Based on CoinGlass data, in the past 24 hours total liquidations came in at $427...
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Ethereum After iShares Ethereum Trust Filing: Crosses $2,000 Mark, Market Cap Up 10%, Trading Volume Skyrockets
Thursday, November 9, 2023 - 7:10pm | 702Ethereum (CRYPTO: ETH) price crossed the $2,000 mark for the first time since July 2023 after BlackRock Advisors registered an iShares Ethereum Trust in Delaware. The Block reported, citing Bitfinex analysts, “We believe that we are in an accumulation phase for the next cycle and the bottom...
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BTC Crosses $37K As Liquidations Rise: Can Bitcoin Reach $40,000 Before 2023 Ends?
Thursday, November 9, 2023 - 11:19am | 617In early Asian trading hours, close to $50 million in Bitcoin (CRYPTO: BTC) liquidations were reported within a four-hour period, according to CoinDesk. A short squeeze occurred, thereby pushing prices further higher. Shorts refer to bets against price rises in futures trading. The news comes on...
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Bitcoin Shorts Worth $170M Liquidated As BTC Zooms To $34K In A Single Day
Monday, October 23, 2023 - 10:48pm | 520In an astonishing Monday morning rally, the price of Bitcoin (CRYPTO: BTC) surged past the $31,000 mark, only to gain further momentum and exceed $34,000 later in the day, according to data from CoinGecko. What Happened: This new milestone not only set a record high for 2023 but also reached...
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Crypto Traders Lose $650M In A Single Week — Here's Why
Monday, April 24, 2023 - 4:20pm | 431Traders holding long positions in futures suffered significant losses due to falling crypto prices last week, with around $650 million in longs liquidated across derivatives exchanges since April 17, according to a report. Binance and OKX saw the most significant volume at $234 million and $...
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Over $200M Long Crypto Positions Wiped Out As Bitcoin, Ethereum, Dogecoin Drop
Friday, February 10, 2023 - 4:01am | 284At least $220 million worth of longs and shorts got liquidated in the last 24 hours from the crypto market, in the aftermath of Kraken suspending ‘staking’ operations. What Happened: Data from CoinGlass shows that $200 million worth of longs were liquidated and over $20M shorts since...