Faced with the liquidation of $141 million in CRV positions, founder Michael Egorov neither took the initiative to cover his positions nor took any remedial action.
JinseFinanceCurve, intentional or forced? Curve founder's $140 million CRV was finally liquidated Golden Finance, is Curve still trustworthy?
JinseFinanceGenesis, approved for a $3 billion payout to creditors, covers 77% of claims, excluding Digital Currency Group (DCG). Genesis filed for bankruptcy in 2023 after losses from Three Arrows Capital and FTX collapses. DCG's exclusion follows a repayment plan, resolving a $620 million lawsuit.
Huang BoXRP faces liquidations totaling $1.32 million, predominantly affecting long positions. Market sentiment remains bearish, reflected in declining trading volume and open interest. Despite challenges, experts anticipate a bullish trajectory, advocating for accumulation as XRP trades at around $0.6.
EdmundLeveraged traders lost more than $165 million as Bitcoin prices plunged 5%.
JinseFinanceBitcoin experiences substantial liquidations exceeding $138 million amidst increased market volatility. Long positions bear the brunt, with losses surpassing $120 million. The SEC-approved spot bitcoin ETFs contribute to a 7% decline in Bitcoin's value over 12 days. Analysts predict further declines below $40,000. BitMEX co-founder Arthur Hayes employs BTC puts at a $35,000 strike price for hedging. Annualized bitcoin volatility rises from 46% to over 52%. Almost $30 million worth of leveraged bitcoin positions liquidated, predominantly longs. Unrealized profits among bitcoin holders decrease from over 90% to just above 83%, reflecting growing sell pressure. In conclusion, Bitcoin faces challenges amid regulatory changes and cautious investor sentiment.
SanyaCryptocurrency market turmoil triggers $138 million liquidations, with over $120 million from long positions. Bitcoin, post-SEC ETF approval, drops over 7% to below $41,000. Increased volatility and bearish outlook persist.
Xu LinBitcoin's 7% surge, approaching $46,000, is fueled by ETF anticipation and shorts liquidation. Altcoins like Solana and ORDI follow suit. Ethereum rises to $2,363. Notable performers include Sei and Astar Network. Overall market sentiment remains optimistic.
Sanya
Liquidations across the crypto market have quickly added up in the last day. Bitcoin had dropped below $22,000, triggering rapid ...
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