Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%. Go to Source
Short
Auto Added by WPeMatico
Bitcoin price metrics point to more upside despite $92K acting as resistance
Data hints that new all-time highs are on the way, even if Bitcoin struggles to gain above $92,000. Go to Source
Crypto bulls cop second-biggest liquidation day in October
Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day. Go to Source
Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend. Go to Source
Citron founder pleads not guilty to fraud over short seller calls
Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government. Go to Source
Citron crypto-skeptic Andrew Left to face fraud charges
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges. Go to Source
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations. Go to Source
3 ways futures traders can use leverage and avoid liquidation losses
Pro traders use a combination of futures trading strategies to generate profits while limiting their liquidation risk. Go to Source
How to long and short with margin trading
Level up your crypto trading game with margin trading steps to turn market ups and downs into your winning moves while navigating involved risks. Go to Source
‘No clear catalyst’ as altcoin bloodbath sees top coins dip double digits
Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflow. Go to Source
