By Emir Abyazov Key highlights: BitMine now holds over 4.24 million ETH and faces more than $6 billion in unrealized losses after the latest market decline. Ethereum’s drop toward $2,500 exposed liquidity “air pockets” driven by excessive leverage and rapid derivatives unwinding. Analysts say a sustained recovery will likely require stronger ETF inflows, improved liquidity, […]
Tag: ETF
By Emir Abyazov Bitcoin collapsed to $75,555, losing 40% from its all-time high and falling out of the top 10 global assets. Large-scale liquidations exceeded the levels seen during the FTX crash and the coronavirus meltdown. Bitcoin enters bear market amid political and macro risks Bitcoin left the top 10 global assets for the first […]
By Wayne Jones Bitcoin (BTC) slid below recent support levels this week as gold and U.S. equities pushed to fresh records, while on-chain data pointed to shrinking liquidity inside the crypto market. The split has revived debate over whether capital is leaving digital assets altogether or simply waiting on the sidelines as risk appetite shifts. […]