Crypto markets saw $26.3 million in liquidations over 24 hours, dominated by $18 million in short position liquidations as Bitcoin and Ethereum prices rose modestly. This indicates a short squeeze, where bearish traders are forced to close positions due to rising prices, rather than a broad market selloff. Bitcoin led with nearly $14 million liquidated, followed by Ethereum with $3.78 million. The trend suggests that while major coins hold steady or rise slightly, leverage in smaller tokens could cause localized volatility. Traders should watch for continued short squeezes in BTC and ETH and potential volatility in smaller altcoins.
Shiba Inu (SHIB) jumped nearly 40% in two days, re-entering the top 25 cryptocurrencies mainly due to a whale-driven liquidity squeeze, with 802 wallets controlling 94.7% of supply. The rally faces resistance near $3.5 billion market cap and the 200-...
Bitcoin and Ether prices rose this week, supported by strong trading volumes and positive momentum from the potential passage of the US CLARITY Act. The Act, which aims to clarify crypto regulations, is gaining traction in the Senate but still faces ...
Bitcoin remained above $66,000 as U.S. Senate Republicans introduced an updated CLARITY Act draft restricting crypto sponsorship by senior officials until 2029. While Bitcoin and Ethereum ETFs saw net inflows, some meme coins like Shiba Inu and BONK ...
After weeks of continuous inflows, Ethereum and Bitcoin spot ETFs in the U.S. experienced net outflows on July 25, signaling a pause in recent momentum despite positive trends in July overall. Ethereum ETFs saw a $70.62 million outflow, while Bitcoin...
Leveraged long positions in Dogecoin (DOGE) rose sharply in USDT-margined futures, while Bitcoin (BTC) and Ethereum (ETH) saw slight declines in long exposure, indicating traders are rotating risk toward more volatile assets. This shift is driven mai...
