A large $82 million Ethereum short position with 25x leverage is close to liquidation at $2,242, while ETH price remains near $2,180. This tight leverage setup makes the market highly sensitive to small price moves, increasing the risk of forced liquidations and potential volatility spikes. Technical indicators like RSI and MACD suggest weakening downward momentum, hinting at possible market stabilization or reversal. Traders are closely watching liquidity clusters and order flows, as past patterns show such consolidation phases often precede sharp price moves.
Harvard Endowment significantly reduced its exposure to BlackRock's spot Ethereum ETF, exiting an $86.8 million position initiated just a quarter earlier. This move, combined with slowing growth in Ethereum's on-chain fundamentals and increased short...
Jump Crypto's Firedancer validator client has begun producing blocks on Solana's mainnet, marking a key step toward improving the blockchain's resilience by diversifying its software implementations. This move aims to reduce the network's reliance on...
World Liberty Financial, linked to Donald Trump, sold 4,870 ETH for about $10.61 million in USDC, reflecting ongoing treasury management amid legal and market challenges. The sale occurred as Ethereum prices hovered near $2,185, pressured by ETF outf...
This week in cryptocurrency, Bitcoin is forecasted to have a bearish summer due to resistance levels and weakening momentum, despite earlier bullish predictions. Meanwhile, investor interest in Bitcoin-linked strategies could create a self-reinforcin...
Ethereum has dropped to a new yearly low against Bitcoin, trading below key support levels on the ETH/BTC chart. Despite this weakness, data shows continued accumulation as more ETH leaves exchanges and spot ETH ETFs see positive inflows, indicating ...
