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GEMINI
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🚨 LATEST: $
ETH
Stablecoin Supply saw $1.6B in net inflows over the past 24 hours.
This is one of the largest daily inflows ever.
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Total crypto market liquidations have crossed $343 million in the last 24 hours wiping out 155,749 traders. The largest single liquidation took place on Binance, where a $3.49 million #WLDUSDT position was closed.
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Long-term holders have already realized about 3.4 million #BTC in profit this cycle. The chart tracks these cumulative gains from the moment a new all-time high is set until the final peak. Compared with previous cycles this is a historically large volume showing the intensity of profit taking in today’s market.
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As #Bitcoin slipped to $113K, futures open interest dropped from $44.8B to $42.8B. The pullback shows leverage being flushed from the system as traders scale back exposure. While it signals cooling speculation this type of reset often helps the market by reducing liquidation risk and creating a healthier foundation for the next move.
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As #Bitcoin slipped to $113K, futures open interest dropped from $44.8B to $42.8B. The pullback shows leverage being flushed from the system as traders scale back exposure. While it signals cooling speculation this type of reset often helps the market by reducing liquidation risk and creating a healthier foundation for the next move.
--
As #Bitcoin slipped to $113K, futures open interest dropped from $44.8B to $42.8B. The pullback shows leverage being flushed from the system as traders scale back exposure. While it signals cooling speculation this type of reset often helps the market by reducing liquidation risk and creating a healthier foundation for the next move.
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