Bitcoin Traders Step Back In After Longest Deleveraging Since 2022
Bitcoin derivatives traders are moving back into the market after an eight-month deleveraging phase, according to CryptoQuant analyst Darkfost, with Binance futures open interest now back above its 180-day moving average. The shift suggests risk appetite is returning after one of the longest reductions in leveraged exposure since the 2022 bear market. Bitcoin Traders Are Returning Darkfost said the deleveraging period began after the October 10 event, as Bitcoin’s correction coincided with a worsening global macroeconomic and geopolitical backdrop. In that environment, traders reduced....
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After months of aggressive positioning, Bitcoin’s market structure is increasingly defined by caution rather than conviction. Traders are stepping back as macroeconomic and geopolitical risks resurface. Related Reading: Thinking Of Buying The Bitcoin Dip? Here’s What This Metric Says Bitcoin Traders Adopt Deleveraging Strategy In Shaky Market According to a CryptoQuant analyst, Darkfrost, investors are […]
A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan analyst.In a Wednesday note, JPMorgan strategist Nikolaos Panigirtzoglou highlighted increased willingness of firms to bail out companies, and a healthy pace of venture capital funding in May and June as the basis for his optimism. He said key....
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank Exchange, the STEP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 21, 2022.
While being used to revolutionize the financial world, crypto can also be used to revolutionize the way for people to keep fit and healthy. As a revolutionary mobile App, Step makes it possible to get rewarded with cryptocurrency when working out and staying fit. Its native token STEP will be....
Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks. Seven months ago, ETH reached its highest value ever at $4,891.70 on November 16, 2021. But it is now trading at around $1,100, which is less than 75.2% of its all-time high value. Related Reading | Controlling The Chaos: FTX Exchange Bails Out BlockFi With $250M The start of 2022 was unstable for the cryptocurrency market, particularly ETH, but in previous weeks, things have become much....
Bitcoin’s sharp slide to $81,119 on January 30 came with a derivatives-market gut punch: forced long closures spiked to extreme levels, yet perpetual funding stayed decisively positive. That mix is complicating a common read, whether the market has already “cleansed” leverage or is still set up for repeat liquidation waves. Is The Bitcoin Deleveraging Over? On-Chain analyst Axel Adler Jr., in his Morning Brief, pointed to a “cascade of forced closures” over the past 24 hours, with long liquidations dominating the tape. His liquidation dominance oscillator tracking the balance of long....