Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
Ethereum is back on another winning streak as it breaks above $1,900. This follows a weekend that was mostly characterized by low momentum but would eventually turn for the better. In the wake of this, there have been a lot of short liquidations in the market due to the recovery. However, the liquidations in Ethereum…
The crypto market has been subject to large liquidation following the price crash. Coming out of the weekend, the market had recorded one of its worst crashes which saw bitcoin fall below the $30,000 territory for the first time this year. With this had come hundreds of millions in short liquidations. However, the bloodbath seems…
The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their…
Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Related Reading Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy…
A sharp rise in crypto liquidations is sending a louder message of how some traders are using more leverage in recent months. Related Reading Average daily wipeouts have jumped from roughly $28 million in long bets and $15 million in shorts during the last cycle to about $68 million long and $45 million short in…
Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Related Reading Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
The last 24 hours have been more than interesting for crypto investors across the globe. Thursday, July 13, saw one of the most important lawsuits in the history of the industry come to an end, and the ruling in favor of Ripple triggered a massive rally. As digital assets across the space recorded double-digit gains,…