Liquidations

The 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...

Macro 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...

Fears 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%,...

While 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...

With 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...

Ethereum (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...

In 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...

In 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...

Traders 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 $...

At 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...