Key Highlights: Bitcoin traded at $73,993 at press time, sitting approximately 35.5% below the Bitcoin Rainbow Chart’s lowest projected band of $114,614. To reach the chart’s lowest boundary by December 1, Bitcoin would require a rapid surge of roughly 54.9% over a 20-day timeframe. Coinglass Rainbow Chart models outline expansive valuation bands for the asset, ...
Key Highlights XRP experienced $16.7 million in total liquidations on Friday, heavily driven by $16 million in wiped-out long positions. Trading volume plunged 44.7% as XRP slipped to $1.16, placing the critical $1.15 support line under immediate threat. A technical breakdown below $1.15 risks a cascade of nearly $1 million in additional liquidations, potentially exposing ...
Key Highlights: Over $30 million in XRP bullish leveraged derivatives positions were liquidated across a five-day period following an abrupt market reversal. Friday saw the most aggressive cascade, with liquidations surging 2.74 times above the weekly average and long positions accounting for 95.54% ($16.01 million) of the day’s $16.75 million in wipeouts. Binance absorbed the ...
Key Highlights: Derivative markets for $SOON recorded a negative net inflow of -$1.82 million, alongside $697,000 in spot exchange inflows signaling short-term selling pressure. CoinGlass liquidation heatmap data reveals a heavy concentration of liquidation leverage pools positioned above the current market price, suggesting an upside magnet. Perpetual traders continue to lean long despite prevailing spot ...
Key Highlights: A prominent cryptocurrency whale accumulated $3.8 million in spot Zcash ($ZEC) and placed a $10.16 million 2x leveraged long position on 8,000 ZEC. Despite the bullish whale accumulation, Zcash registered a positive Spot Netflow of roughly $20 million, raising exchange balances and creating potential overhead selling pressure. Derivatives metrics saw substantial growth, including ...
Key Highlights: Bitcoin staged an intraday rebound from roughly $76,500 to $78,475, reclaiming its $77,910 12-hour low while facing strong overhead resistance near $79,250. CoinGlass order-book data highlighted active bid clusters below prevailing prices, including $7.95 million in bids near $78,195.90 and an overall 52:48 buyer-to-seller ratio. Broader market sentiment remains cautious due to an ...
Key Highlights Celestia ($TIA) recorded a steep 14% drop, breaking beneath critical support at $0.4727 despite a 38.04% surge in trading volume to $72.72 million. Derivatives participation shrank sharply, with CoinGlass reporting a 28.60% reduction in Open Interest down to $75.86 million. CryptoQuant metrics show taker-sell dominance across both spot and futures order books, exposing ...
Key Highlights: Total cryptocurrency liquidations surpassed $1.53 billion over a 24-hour period, with long positions accounting for approximately $1.29 billion (83.8%) of the wipeout. The market cascade was triggered by a security breach at cryptocurrency exchange Binance, which the platform estimates affected roughly $6.3 billion in assets. Bitcoin plunged to an intraday low near $76,460 ...
Key Highlights Total 24-hour cryptocurrency liquidations soared to $1.52 billion, with $1.36 billion triggered following a hack targeting Binance. Bitcoin fell to an October low near $80,500 before rebounding slightly above $78,000, while Ethereum dropped over 3% to trade under $2,250. Nearly 240,000 derivatives traders were liquidated, predominantly long positions, led by Bitcoin ($482 million) ...
Key Highlights: Bitcoin fell below its $80,000 support level, triggering $828.28 million in crypto market liquidations over a 24-hour window, with $698.51 million hitting long positions. Weak institutional and spot appetite in the United States is underscored by the Coinbase Bitcoin Premium Index spending 31 consecutive days in negative territory. Mounting geopolitical tensions involving Iran, ...
Key Highlights: Celestia surged 28% to an 11-month high of $0.71, triggering $1.4 million in short liquidations. Open Interest jumped 45% to $142 million alongside a 110% trading volume spike and elevated Binance perpetual buy activity. Spot net inflows touched an elevated $2.2 million on October 16, introducing immediate selling pressure that could challenge momentum ...
Key Highlights: Total crypto liquidations hit $957.77 million following hotter-than-expected inflation data, with Ethereum accounting for $292.83 million and Bitcoin trailing with $203.01 million. Bitcoin fell through its $83,000 leveraged buyer support band to touch nearly $80,000 before consolidating around $81,000. Historical post-CPI recovery trends suggest potential upside to $85,000 or $90,000, but downside risks ...