More than 209,000 traders were wiped out in the past 24 hours with total liquidations hitting $847.69 million. The biggest single hit came on HTX, where an #ETHUSDT position worth $19.26 million was liquidated.
#Bitcoin futures experienced fresh long liquidations as the price dropped below $111K. This move highlights an ongoing unwinding of leverage, traders are being forced out of overextended positions. Although it sparks short-term volatility such shakeouts often help stabilize the market, ease systemic risk and set the stage for more sustainable trends once the excess leverage is cleared.
Despite trading at elevated levels, #Bitcoin is seeing softer accumulation from major holders. The cautious stance signals hesitation to buy aggressively which could leave the market exposed if supply builds up. Stronger demand will be needed to support price stability and drive the next leg higher.
🔥 Tether has minted 1,000,000,000 $USDT on Ethereum.
🇰🇷 South Korea's largest portal Naver acquires Upbit operator Dunamu through a comprehensive stock exchange deal, plans to enter the stablecoin market.
🇺🇸 ETF FLOWS: Around 2,150 #BTC were bought and 19,080 $ETH were sold on Sept. 24.
🚨 Ethereum supply on exchanges hits a 9-year low of 14.8 million $ETH.
🇦🇺 Australia releases draft legislation to create new crypto products, bringing crypto companies under the same regulatory framework as traditional financial services.
🚨 Circle is exploring reversible USDC transactions to recover funds lost in hacks and fraud, per FT.
🚨 Over $1.12B in crypto positions were liquidated in the past 24 hours.
🇺🇸 REX-Osprey launches first U.S. ETH Staking ETF under 1940 Act structure.
🚨 Bitwise files S-1 for a spot $HYPE ETF.
🇺🇸 The SEC and FINRA are investigating unusual trading activity ahead of digital asset treasuries announcements, contacting companies with suspicious stock gains before adoption disclosures.
🔥 BlackRock registers iShares Bitcoin Premium Income ETF in Delaware, indicating filing may come soon.
After April’s strong buying drove #Bitcoin to $72K, CVD bias across major exchanges has now leveled near zero. Spot sentiment is neutral, showing that buyers aren’t stepping in with conviction. Without new demand the market may stay range bound or face mild corrective pressure...
If #Bitcoin fails to reclaim the 0.95 Cost Basis Quantile, it risks sliding toward deeper supports between $105k and $90k. Regaining this band would show renewed strength and shift sentiment back in favor of buyers. Right now the slip below this critical level highlights increased profit taking pressure and leaves the market at a pivotal crossroads.
Recent sessions in US spot #Bitcoin ETFs have slipped into modest outflows coming after September’s strong inflows. Even with this slowdown overall accumulation remains solid, pointing to a pause in institutional demand rather than a reversal. Such pullbacks are often part of a healthy consolidation before fresh interest returns.
Unlike past bear phases where relative unrealized losses topped 30%, #Bitcoin is showing just 0.5% at around $111K. Recent pullbacks rattled short-term holders, but overall market pain is still far from extremes, with long-term conviction keeping the structure strong
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.
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.
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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