Ethereum Bets See Unusually High $400M Liquidations as Some Now Target $10K ETH
Powell’s dovish tone sent ether to fresh highs, but nearly $400 million in liquidations show just how stretched traders were heading into the move.
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Powell’s dovish tone sent ether to fresh highs, but nearly $400 million in liquidations show just how stretched traders were heading into the move.
Majors are stabilizing, and bitcoin regained $101,000 after falling under six-figures last night as U.S. airstrikes on Iran triggered a brutal $1 billion flush-out.
Bears are nursing their highest losses over two years as majors surged as much as 20%.
High-risk USD loans. (IntoTheBlock)
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
A crypto trader reportedly lost $1 million in USDT overnight, trading the meme coin PEPE with Binance‘s margin leverage. This … Continue reading
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Nearly 300,000 cryptocurrency traders lost close to $1 billion in the last 24 hours following a significant market crash. Cryptocurrencies … Continue reading
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Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies’ wife, Kelly Chen.
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.