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.
Grayscale's Zcash ETF saw $41.1 million in inflows last week, reversing three weeks of withdrawals totaling $143.4 million. This inflow coincided with a 6.98% rise in Zcash (ZEC) price, contrasting with declines in Bitcoin and Ethereum. The ETF's rec...
Zcash-linked investment products recorded their largest inflow since September as Bitcoin prices fell, highlighting growing institutional interest in privacy-focused cryptocurrencies. This surge in capital suggests investors may be seeking diversific...
On October 25, Ethena surged 8.66% to $0.203, leading gains among the top 90 cryptocurrencies excluding stablecoins. A total of 69 assets showed positive movement, with Rain up 7.35%, Dash rising 6.29%, Zcash climbing 5.78%, and Quant increasing 5.58...
Risk assets including Bitcoin and Ethereum fell over the weekend due to geopolitical tensions and rising oil prices, causing increased market volatility and a significant deleveraging of altcoin positions by about $9 billion. Despite the selloff, thi...
Bitcoin price recovered above $80,000 after hitting a five-week low near $79,100, while several major altcoins suffered double-digit weekly losses. Bitway, Rain, and Hedera were among the worst performers, with declines exceeding 13%. Ethereum fell 3...
