Crypto liquidations hit $1.8B in a day: Final flush or more to come?🚨
Over $1.8 billion was flushed in one of the year’s most significant long liquidation events — and one analyst says Bitcoin dipping back to around $103,000 is possible.
Overleveraged crypto traders were liquidated out of nearly $2 billion in one of the year’s largest market flush-outs on Monday, in what some analysts blame on technical factors rather than weakening market fundamentals.
Read full article at https://cointelegraph.com/news/1-8-billion-leveraged-positions-liquidated-final-flush-more-to-come
Over $1.8 billion was flushed in one of the year’s most significant long liquidation events — and one analyst says Bitcoin dipping back to around $103,000 is possible.
Overleveraged crypto traders were liquidated out of nearly $2 billion in one of the year’s largest market flush-outs on Monday, in what some analysts blame on technical factors rather than weakening market fundamentals.
Read full article at https://cointelegraph.com/news/1-8-billion-leveraged-positions-liquidated-final-flush-more-to-come
Cointelegraph
Crypto Traders Flushed For $1.8B In Year’s Biggest Long Liquidation Event
Crypto liquidations hit 370,000 overleveraged traders as Bitcoin dropped below $112,000 in the year’s biggest long flush-out.
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Kraken donates $2M to pro-crypto groups as ‘fight for crypto’ continues🚨
Crypto exchange Kraken pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US.
In a Tuesday post on X, Kraken Co-CEO Arjun Sethi announced that the exchange will donate $1 million to the Freedom Fund PAC and increase its 2025 commitment to America First Digital to $1 million.
Read full article at https://cointelegraph.com/news/kraken-donates-2m-crypto-groups-fight-continues
Crypto exchange Kraken pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US.
In a Tuesday post on X, Kraken Co-CEO Arjun Sethi announced that the exchange will donate $1 million to the Freedom Fund PAC and increase its 2025 commitment to America First Digital to $1 million.
Read full article at https://cointelegraph.com/news/kraken-donates-2m-crypto-groups-fight-continues
Cointelegraph
Kraken Commits $2M to Pro-Crypto PACs to Defend Digital Rights in the US
Kraken has pledged $2 million to two political groups, citing threats to self-custody, privacy tools and decentralized infrastructure as it ramps up advocacy.
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AVAX/USDT 4HR TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️
AVAX forming a possible ascending broadening wedge pattern on 4hour timeframe. The broadening ascending wedge pattern is created by drawing two up-sloping lines that connect a series of higher highs and higher lows.The pattern keeps sloping up as the price rises towards the upper trendline.The price will usually trade within the wedge until it breaks downside. See chart above for analysis.
(Not a Signal)
❗️Trade at your own risk❗️
AVAX forming a possible ascending broadening wedge pattern on 4hour timeframe. The broadening ascending wedge pattern is created by drawing two up-sloping lines that connect a series of higher highs and higher lows.The pattern keeps sloping up as the price rises towards the upper trendline.The price will usually trade within the wedge until it breaks downside. See chart above for analysis.
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IOST/USDT 1D TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️
IOST forming a possible falling wedge pattern on daily timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
(Not a Signal)
❗️Trade at your own risk❗️
IOST forming a possible falling wedge pattern on daily timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
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Aster dethrones Hyperliquid with $1.25B surge in open interest🚨
DefiLlama data showed that Aster topped daily perpetual trading volumes with $24.7 billion on Wednesday, surpassing competitors including Hyperliquid and edgeX.
Aster, a decentralized perpetuals exchange on BNB Chain, saw open interest surge nearly 33,500% in less than a week, challenging that of its top rival, Hyperliquid.
Read full article at https://cointelegraph.com/news/aster-open-interest-surge-hyperliquid-daily-volumes
DefiLlama data showed that Aster topped daily perpetual trading volumes with $24.7 billion on Wednesday, surpassing competitors including Hyperliquid and edgeX.
Aster, a decentralized perpetuals exchange on BNB Chain, saw open interest surge nearly 33,500% in less than a week, challenging that of its top rival, Hyperliquid.
Read full article at https://cointelegraph.com/news/aster-open-interest-surge-hyperliquid-daily-volumes
Cointelegraph
Aster Surges 33,500% in Open Interest, Tops Hyperliquid in Daily Volumes
Aster’s total value locked reached $1.85 billion on Wednesday, a 196% increase compared to last Friday’s $625 million.
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ATOM/USDT 1H TF Possible move
(Not a Signal)
‼️Trade at your own risk‼️
ATOM broke out from ascending channel on 1hour timeframe. An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. See chart above for analysis.
(Not a Signal)
‼️Trade at your own risk‼️
ATOM broke out from ascending channel on 1hour timeframe. An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. See chart above for analysis.
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