Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $ 20 billion, setting a new record and highlighting heightened speculative activity. This …
Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out
On Tuesday, bitcoin’s price climbed to $ 61,600 after dipping below the $ 60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief dip below $ 60,000, bitcoin is back …
Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations
Amid Friday’s downturn, following bitcoin’s decline to $ 68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets against bitcoin. Bitcoin Faces Bearish Sentiment From Hedge Funds While crypto enthusiasts and analysts have been optimistic about bitcoin (BTC) for quite some …
Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
The valuation of bitcoin (BTC) tapped the $ 68,000 mark merely 17 hours following its dip to $ 60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market Liquidations Reach $ …