Posts

Showing posts with the label liquidations

Ethereum Tops 2021 All-Time High As Bitcoin Suffers A Flash-Crash, 24-Hour Liquidations Soar Past $800M, And The Crypto Fear And Greed Index Drops Below 50

Image
Ethereum topped its 2021 all-time high (ATH) to reach $4,946 as Bitcoin suffered a flash-crash, pushing 24-hour liquidations past $800 million and forcing the Crypto Fear and Greed Index below 50. The crypto space fell over 2% in the last 24 hours to a market capitalization of $3.94 trillion. ETH also traced from the new peak to trade at $4,577 as of 4:16 a.m. EST, while Bitcoin fell more than 2% in the last 24 hours to trade at $111,768. The biggest 24-hour losers include Mantle (MNT) (11%), Pudgy Penguins (PENGU) (9.85%), and OKB (OKB) (9.44%), according to CoinMarketCap data.  Meanwhile, the top gainers were Monero (XMR), VeChain (VET), and XDC Network (XDC), experiencing 2.67%, 2.50%, and 0.33% price increases, respectively. Ethereum Price Hits Record $4.9K, Breaking 2021 All-Time High After achieving a new ATH, the Ethereum price entered a correction phase. The recent surge is part of a longer-term trend that has seen the price of Ethereum soar 74% in the last 3 months...

Long squeeze alert: 99% of March Bitcoin liquidations were long positions

Image
Liquidations have traditionally been used as a gauge of market sentiment and direction, and judging by the Bitcoin (BTC) trades on Bitfinex, traders are feeling the heat of a long squeeze in March 2025. According to the data Finbold retrieved from the crypto lending analytics platform Datamish on March 14, Bitfinex saw a wave of liquidations this month, with long positions taking a devastating hit Specifically, out of the total of 4,226.8 BTC liquidated, 4,196.9 of those were related to long positions, a staggering 99.29%. Picks for you Ripple moves $465 million of March's sell reserve; Will XRP price suffer? 1 hour ago Gold surpasses $3,000 for the first time — What’s next for the commodity? 4 hours ago ...

Will XRP finally hit $1 during the current bully cycle?

Image
As most cryptocurrencies reap from the post-election rally, XRP has yet to make a decisive move, continuing to trade in the now familiar territory below $0.60. To put XRP’s sluggish movement into perspective, Dogecoin (DOGE) has flipped the token in terms of market capitalization, with the meme coin also targeting the $0.3 mark, according to CoinMarketCap data on November 11.  Cryptocurrency ranking by market cap. Source: CoinMarketCap XRP’s path to $1 XRP has been consolidating below $0.60 for years, with the $1 level remaining a key target; attention is focused on whether XRP can reach this milestone in the current cycle. Picks for you Fake News: Trump is not the largest holder of Peanut the Squirrel (PNUT) 31 mins ago ...

Crypto traders lost $333 million in 24 hours amid market crash

Image
The cryptocurrency market experienced a significant crash from August 27 to 28, liquidating thousands of traders mainly from long positions. Bitcoin (BTC) and Ethereum (ETH) led the liquidations among other cryptocurrencies, totaling over $333 million lost in 24 hours. Finbold retrieved data from CoinGlass on Wednesday morning (UTC), showing the damage from these liquidation events in a surprising crash. Essentially, 92,360 crypto traders were liquidated for $333.95 million in the last 24 hours. In particular, 82.8% were long-position traders who lost over $276.59 million from their bullish bets. The largest single liquidation happened on Binance, with the ETH/BTC pair for $12.67 million lost as ETH crashed. Picks for you Here’s why Bitcoin price is crashing 1 hour ago ...

Bitcoin price blasts past $21K as 3-day short liquidations near $300M

Image
Bitcoin knocks out a key moving average unchallenged since before its $69,000 all-time highs in a wild few days of straight BTC price gains. Bitcoin (BTC) continued a stunning comeback on Jan. 14 as $21,000 appeared for the first time since early November. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin cracks key trend line for first time since $69K Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit highs of $21,247 on Bitstamp overnight. The pair had faced major suspicion after it began to make up some serious lost ground through the week, with analysts warning that a retracement could occur at any time. Nonetheless, only brief periods of consolidation accompanied Bitcoin's ascent, with weekly gains sitting at nearly 25%. In doing so, BTC/USD took out its realized price at $19,700, old all-time high from 2017, $20,000 and the 200-day moving average. The latter saw its first resistance/ support challenge since October 2021, one mont...