Tag: BTC

Open Interest for both Bitcoin and Ethereum declined sharply—4.86% and 9.6% respectively within 24 hours

By coinspy Key Points: Bitcoin dropped 3.31% in 12 hours, falling from $115.6k to $111.8k Ethereum plunged 9.34% over the same timeframe, outpacing BTC’s decline Over $1.7 billion in total liquidations occurred, with $1.62 billion coming from long positions Low liquidity during late U.S. hours created ideal conditions for aggressive price swings and stop-loss triggering […]

Over $1.68 billion in liquidations occurred within 24 hours, primarily affecting leveraged long positions

By YDN Key Points: Nearly 390,000 traders were wiped out, with altcoins absorbing the brunt of the sell-off despite Bitcoin’s decline Total cryptocurrency market capitalization dropped by approximately $180 billion, reaching a one-month low Open Interest (OI) in derivatives hit an all-time high of $227 billion, signaling extreme leverage across altcoins Bitcoin accounted for only […]

Despite the price drop, institutional interest remains strong, with YZi Labs—linked to former Binance CEO Changpeng Zhao—increasing its stake in Ethena

By admin Key Points: Ethena’s native token ENA failed to break past $0.85 resistance, triggering a 35% decline over two weeks USDe, Ethena’s synthetic dollar, has surpassed $13 billion in supply, securing its place as the third-largest stablecoin by issuance Total value locked (TVL) across Ethena protocols reached $14.22 billion, with Q3 returns hitting $9.25 […]