Saturday, January 11

Tag: market volatility

Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7 k

Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7 k

Daily Crypto News
Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7 k Liam 'Akiba' Wright · 13 hours ago Crypto liquidations have actually stayed raised over the previous 24 hours, reaching $314 million as Bitcoin wicked to $92,700, according to Coinglass information.The biggest single liquidation order took place on BitMEX, including a $5.5 million XBTUSD position. Over 121,000 traders were liquidated throughout this duration, highlighting increased market volatility.Liquidations (Source: Coinglass)Long positions bore the force, representing $194 million, approximately 60% of overall liquidations. Brief positions contributed $120 million, highlighting imbalances as traders tried to browse Bitcoin's ever-changing rate.Exchange-specific information reveals Binance leading in liquidat...
Ethereum Foundation unloads 100 ETH in the middle of newest decline

Ethereum Foundation unloads 100 ETH in the middle of newest decline

Daily Crypto News
Ethereum Foundation unloads 100 ETH in the middle of newest slump Oluwapelumi Adejumo · 7 hours ago Insights Ethereum Ethereum Foundation's ETH sale timing connected to market volatility patterns.The Ethereum Foundation has actually finished its very first Ethereum (ETH) sale of the year in the middle of a difficult market environment.On Jan. 8, the non-profit company exchanged 100 ETH for 329,463 DAI. According to on-chain information from Arkham Intelligence, the structure still holds over $900 million worth of ETH in spite of these present sales.Information from SpotOnChain exposes an intriguing pattern in the structure's ETH sales. In 2024, the company unloaded 4,466 ETH for $12.61 million, attaining a typical rate of $2,823 per system. Especially, these sales typically took place...