Derivatives data suggests Solana has reached a short-term top

SOL's futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a bearish trend reversal.

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Derivatives data favors Ethereum bulls even with this week's crash below $3K

Losing the $3,000 mark just days before Friday's $1.55 billion ETH options expiry nearly doomed Ether longs, but derivatives data shows bulls are still in favor.

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92% of all crypto ‘longs’ liquidated yesterday after Bitcoin fell to $43,000

Crypto traders took some of their biggest hits in recent times as a sudden purge across the crypto market saw $3. 7 billion worth of trading positions liquidated, data from multiple sources showed.

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$2.6 Billion Worth of Longs Liquidated in One Hour as Crypto Market Plummets

The cryptocurrency market is undergoing a major crash that is raining on El Salvador's parade

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USD Longs Climb to Highest Level Since March 2020, Greenback’s Downturn Coincides with BTC Rally

The net long dollar position has grown to $2. 99 billion this week, up from just $399. 69 million in the previous week. Meanwhile, bitcoin net shorts are rising as the BTC price surges to $42,500, last seen in May.

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Bitcoin Dominance Slips To 3-Year Low As Liquidation Hits $2.5 Billion Longs

Yesterday’s Twitter feud between business tycoon Elon Musk and the crypto community had far-reaching consequences that went beyond the constant verbal sparring on the popular social media site.

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Over $2.5 Billion Longs Liquidated Amid Elon Musk vs Crypto Twitter Tussle

Elon Musk vs Crypto Twitter resulted in almost $2. 5 billion in liquidations. Longs Liquidated Yesterday’s Twitter drama between business tycoon Elon Musk and the crypto community had a far-reaching impact not just limited to the constant verbal back and forth on the popular social media platform.

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Close to $10 Billion Worth of Crypto Longs Wiped off the Market Amid Sudden Crash

It’s been a rough Sunday for the cryptocurrency market. $7.8 Billion Liquidated in an Hour The “up only” sentiment in the digital asset market took a major hit today as more than $7 billion in crypto long positions were liquidated within an hour in a sudden market wide crash. According to data from bybt, moreRead More

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Almost $10 Billion Worth of Crypto Liquidated as Bitcoin Collapses to $51K

$3.7 billion worth of longs has been liquidated in one hour

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Pro traders close Ethereum longs even after today’s $1.15B options expiry

Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful.

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Close to $1 Billion Longs Liquidated

Some $700 million long positions have been liquidated in the past 24 hours according to data by Bybt as pictured above. That’s the biggest one day liquidation since November 24th...

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Is Bitcoin's correction phase over?

After about $2 billion worth of longs were decimated during the recent crash, the only question that remained was this - "Is the Bitcoin correction over?" Bitcoin's correction was incoming, howeverThe post Is Bitcoin's correction phase over? appeared first on AMBCrypto.

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Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated

The crypto market is not one for the faint-hearted.

The post Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated appeared first on CryptoSlate.

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Advanced botnet attack caused $1.2bn in Bitcoin longs liquidation on BitMEX

Bitcoin’s price struggle was further exacerbated last week when the coin plunged to $3,700 on BitMEX and caused almost $1. 2 billion in long contracts to be liquidated on the platform. Now, the exchange’s CTO has revealed that the liquidations were caused by sophisticated botnet attacks that have been probing the platform for days and were […] The post Advanced botnet attack caused $1.

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$1 Billion Bitcoin Has Gone Long, Close to $250 Million ETH

As bitcoin races to $10,500 while eth almost touched $280, bulls have raked up their longs to a combined one billion dollars on Bitmex and Bitfinex as well as Binance.... The post $1 Billion Bitcoin Has Gone Long, Close to $250 Million ETH appeared first on Trustnodes.

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Key data shows Bitcoin uptrend is at risk as Bitfinex longs suddenly plunge

Bitcoin has rocketed to a 30-day high after posting one of its largest intraday rallies in weeks, but closer inspection suggests the sudden breakout may not mark the start of an uptrend. The rally, which began around 9 pm UTC Monday, injected more than $4 billion into market capitalization over five hours and took BTC […] The post Key data shows Bitcoin uptrend is at risk as Bitfinex longs suddenly plunge appeared first on CryptoSlate.

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$13 billion in Bitcoin longs were liquidated in 2019; what does it mean for 2020?

For a second consecutive year, long liquidations dwarfed that of shorts by more than two-fold. In 2018, long liquidations reached $11 billion by the year’s end while short liquidations hovered at $5 billion.

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$12.3 billion longs got 'rekt' in 2019 on BitMEX; Shorting was a safer bet

Key Takeaways Longs were extremely liquidated in comparison to shorts A total of $12. 3 billion longs were liquidated while only $7 billion shorts were liquidated Shorts dominated the start The post $12.

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Market Update: Despite Uncertainty, BTC Longs Skyrocket

Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days.

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Ethereum's 120-day pattern breached: Longs to be ecstatic soon

World Computer aka Ethereum's rapid descent in price seems to be slowing down as it has been consolidating for over two months now. The price of ETH hovers at $184 with a market cap of $20 billion makThe post Ethereum's 120-day pattern breached: Longs to be ecstatic soon appeared first on AMBCrypto.

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Bitcoin’s breach of descending channel might provide brief respite to price

Bitcoin crashed by 7% in an hour on 23 October, following the liquidation of longs worth $201. 1 million on BitMEX. The world’s largest cryptocurrency breached its immediate support at $7,885.

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Bitcoin’s death cross follows a pattern disappointing longs

After the 23% fall on 24 September, Bitcoin has not managed to boost its price yet. Bitcoin made multiple efforts to recover from the fall, but the strong bearish trend restrained the price under $9k.

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Ethereum Longs Set a New Record High on Bitfinex wth Nearly 82% of Margins Positioned Long

The second-largest cryptocurrency by market cap of over $14 billion, Ethereum has been enjoying a lot of traction lately. After successfully releasing its Constantinople hard fork, Ethereum got another positive push in the form of exclusive support from Samsung Blockchain wallet along with Ethereum-derived tokens.

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