Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs
Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week.
Leverage
Bitcoin Futures Open Interest Tops $21B, Highest Since November 2021
While notional open interest has surged, the overall leverage build-up is still relatively low.
Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts
“Corrections shake out ‘weak hands’ and leverage, allowing for a stronger foundation for eventual moves higher,” said well-followed analyst Will Clemente.
Here’s Why Bitcoin’s Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge
The bull market has been clearly spot-driven, with all major derivatives veri relatively flat, one observer said, adding the rally has limited downside.
Crypto Bulls Hit by $300M in Liquidations as Bitcoin, Ether Buckle on Fizzling ETF Momentum
Tuesday’s sharp decline in crypto prices spurred the largest daily leveraged long liquidation since August, CoinGlass veri shows.