Crypto Analysts Cite Market Recovery After $19B Liquidations – Bitcoin Hyper ...
Quick Facts: 1️⃣ Despite $19B in recent liquidations, CryptoQuant and Glassnode report growing signs of market recovery. 2️⃣ The analysts highlight a surge in $USDT supply, major whale buys and consistent ETF inflows as bullish signals for the crypto sector’s strength. 3️⃣ Such findings bode well for Bitcoin Hyper, a Layer-2 (L2) solution that’s getting […]
Related News
Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations Relaxes Although liquidations cannot entirely stop, the liquidations have begun to subside. It had fallen from over $1 billion in liquidations at the height of the market crash and has slowly but surely returned to normal levels. This is obvious in liquidations....
The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their positions liquidated. Bitcoin Dip Triggers $151 Million Liquidations Over the last 24 hours, more than 57,000 traders have been liquidated in the crypto market. This has led to a total of $151 million in assets liquidated over the last day. The most prominent of these has been....
All eyes are on Chainlink (LINK) as the altcoin market resumes its recovery. The price of the leading cryptocurrency has gained 25% in the past week, reclaiming the $13 support as buyers have flooded back in. Chainlink is primed to move higher in the weeks ahead, analysts say. They cite positive fundamental trends and technical […]
Tuesday has proven to be a good day for bitcoin and the crypto market in its entirety as gains have been the order of the day. Bitcoin has finally been able to clear the $20,000 territory even when indicators pointed towards the more sluggish movement for the digital asset. As expected, there have been ripple events from the gains in the market. Liquidations are now the order of the day and short traders are getting the ‘short’ end of the stick. Crypto Liquidations Cross $1 Billion The crypto market has now recorded its worse liquidation trend so far in 2022. Bitcoin’s recovery above....
Bitcoin liquidations had ramped up on Monday as the price of the digital asset had gone up drastically. These traders had been liquidated very fast with millions of dollars gone in a matter of minutes. However, it did not end there, given that the price of the cryptocurrency has not slowed down since then. And as the price of bitcoin has continued to grow, the liquidations have not slowed down either. Bitcoin Liquidations On The Rise Although the current liquidations are not as high as that recorded on Monday, they are still significant nonetheless. These liquidations had touched as high....