A high-frequency trader named 0x50b3 has opened a large 20x leveraged long position on 1,653.8 BTC, worth about $105.77 million, drawing market attention due to the trader's recent 93% win rate and $6 million in gains. Bitcoin is currently trading near $63,587 but remains under bearish pressure with increased trading volume and significant liquidations. Technical indicators suggest weakening momentum and strong bearish dominance, though no extreme downtrend is confirmed yet. The market awaits clearer signals as this large leveraged bet could influence trader sentiment and market activity.
Bitcoin price fell to an intraday low of $62,560 following easing tensions between the U.S. and Iran, which triggered profit-taking across risk assets including crypto. Spot Bitcoin ETFs saw another $68 million in outflows, reflecting weak institutio...
Bitcoin's 50-week moving average is about to cross below its 100-week average, a bearish signal known as a "bear cross." Historically, this signal has marked the bottom of bear markets and preceded multi-year rallies. Despite the apparent bearishness...
Bitcoin fell to around $62,840, down 1.1% in 24 hours and 3.5% over the week, dragged down by a global selloff in technology stocks and semiconductor shares. Major altcoins like Ether, XRP, Solana, and Dogecoin also declined, while Tron was a rare ga...
USDC experienced a significant net outflow of $336 million as investors rotated stablecoin liquidity into USDG and Tron (TRX), indicating a shift within the stablecoin market rather than a broad crypto sell-off. Bitcoin and Ethereum flows remained ba...
Over $30 million rotated out of stablecoins USDT and USDC into major cryptocurrencies, with Bitcoin Cash (BCH) receiving the largest inflow of about $7.71 million. Ethereum and Bitcoin followed with $4.51 million and $4.28 million respectively. This ...
