Tag: short liquidations

  • Bybit CEO Estimates $8-10 Billion in Liquidations for Crypto Traders Over the Past Day

    In the ever-evolving landscape of cryptocurrency, recent market movements have raised significant concerns among traders and investors alike. According to the CEO of Bybit, a leading cryptocurrency exchange, liquidations within the crypto market reached staggering levels, estimated between $8 billion and $10 billion over a comparatively short span of 24 hours. This tumultuous climate has…

  • Ethereum requires increased blockchain activity and adoption to regain the $4K mark.

    In the current cryptocurrency landscape, Ether (ETH), the second-largest cryptocurrency by market capitalization, is encountering substantial resistance at the $3,400 price level. This price point has become a significant barrier, with a considerable amount of leveraged short positions poised for potential liquidation should the price action shift. The level of $3,400 serves not only as…

  • Bitcoin Price Analysis: Charting BTC’s Path to $115K

    Bitcoin has exhibited notable resilience in the market, maintaining its position above a critical support zone. This trend indicates a strong level of buyer interest, which may set the stage for a potential bullish breakout in the near future. Analysts are keenly observing Bitcoin’s ability to breach and sustain a position above the $108,000 resistance…

  • $1 Billion in Crypto Liquidations Occur in 24 Hours as Bitcoin Crashes

    In recent trading sessions, the cryptocurrency market has experienced significant volatility, culminating in a dramatic decline in Bitcoin prices that has led to widespread liquidations among traders. In the past 24 hours alone, reports indicate that over 400,000 traders encountered liquidation events as the value of Bitcoin fell back below the $100,000 threshold. This market…

  • Bitcoin Price Overview: Is BTC Poised for a New All-Time High Over $108K?

    In recent weeks, Bitcoin has displayed remarkable resilience around the $90,000 support level, leading to a significant bullish momentum. As the cryptocurrency approaches its all-time high of $108,000, there is growing speculation regarding the potential for a breakout. Such an event could trigger a short liquidation cascade, propelling Bitcoin into new price territories that have…

  • US Government Authorized to Liquidate $6.5B in Bitcoin from Silk Road: Here’s Why You Shouldn’t Worry

    Recent reports have emerged suggesting that the United States government has received approval to liquidate a significant quantity of Bitcoin. This development has raised numerous questions about the implications for the cryptocurrency market, the actions of federal agencies, and the potential effects on the broader financial landscape. Bitcoin, the first and most prominent cryptocurrency, has…

  • Preparing for a 2025 Surge: Ethereum Sees Doubled Monthly Inflows of Ether ETFs

    Exchange-traded funds (ETFs) continue to play a pivotal role in the cryptocurrency market, with the recent monthly record of inflows failing to provide the necessary momentum for Ether’s price to surpass the critical $3,500 resistance level. This resistance barrier, if breached, had the potential to trigger a cascade of over $1 billion in leveraged short…

  • $184 Million in Liquidations as Bitcoin Surpasses $50,000, Ethereum and Solana Experience Gains

    Bitcoin’s recent surge above $50,000 has had a significant impact on the broader cryptocurrency market, with several large-cap alternative digital assets experiencing notable gains. Notably, Ethereum (ETH) and Solana (SOL) stood out, both experiencing substantial price increases. Additionally, Avalanche’s AVAX also saw a positive upward movement. These developments have resulted in a series of liquidations…

  • Bitcoin Surpasses $44,000 with Market Cap Outpacing Meta

    Bitcoin, the pioneering digital asset, has seen a noteworthy rally, escalating past the $43,000 threshold and momentarily touching $44,000 before undergoing a slight retracement. The ripple effect of this rapid ascension culminated in a significant $230 million liquidation in the crypto market within the past 24 hours, according to Coinglass. Nonetheless, the digital currency showed…

  • Bitcoin Surpasses $40,000 as ETF Talks and Anticipation of BTC Halving Continue

    Bitcoin has broken the $40,000 barrier, a significant milestone energizing the crypto space. In the past 24 hours alone, $23 billion in trading volume was recorded, showcasing the intense market activity surrounding the world’s premier cryptocurrency. This rally was further bolstered by a $15 million in short liquidations, indicating a strong bullish sentiment among investors.…