Bitcoin

3 days agoNews Editor

Lookonchain tracks $13.74 million BTC short liquidation during market rebound

A Bitcoin short position worth $13.74 million was liquidated during a market rebound, according to monitoring data cited by ChainCatcher from Lookonchain. The wiped-out position involved 174.86 BTC. The update was published as a whale movement brief, with no additional trade details disclosed in the source. The report only states that the liquidation happened during the rebound and identifies the size of the position in both dollar terms and BTC amount. No further information on the trader, platform, or liquidation price was provided.

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ETH

2 months agoNews Editor

Coinglass: ETH's Long Liquidation Intensity to Reach $1.098B if Price Drops Below $2,307

According to Coinglass data, if ETH falls below $2,307, total long liquidation intensity on major CEXs could reach $1.098 billion; conversely, if ETH breaks above $2,533, short liquidation intensity stands at $694 million.

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Bitcoin

3 months agoNews Editor

Glassnode says Bitcoin rebound faces a key test in the $81,000-$86,000 range

Glassnode said in its latest report that Bitcoin’s 26% rebound from its mid-August low was ignited by the largest single-day short liquidation since 2019 on Aug. 19. During the squeeze window, U.S. spot Bitcoin ETFs posted $2.23 billion in net inflows, the strongest weekly intake this year, while tokens kept leaving exchanges and wallets across cohorts added to holdings. The firm also said its cycle composite indicator has moved out of a depressed zone and returned to the neutral threshold of 40. The next major test, according to the report, sits in the $81,000 to $86,000 supply zone, where cost-basis layers, reposted sell orders, the gamma flip level and liquidation orders are concentrated. Options pricing points to conditions holding into late September, with $83,300 marked as the upside test level. Support is seen at the short-term holder cost basis near $70,000 and the lower range of $62,000 to $65,000. Glassnode said a stable move above $83,300, combined with continued ETF inflows, would indicate that the resistance wall is being absorbed.

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Bitcoin

3 months agoNews Editor

Bitcoin Rallies 25% After U.S. Treasury Buyback Expansion, With $4 Billion in Short Liquidations

On Aug. 22, Bitcoin climbed about 25% in a matter of days, briefly topping $79,000 after the U.S. Treasury expanded its long-dated debt buyback program. At the same time, the 30-year Treasury yield fell from a 19-year high of 5.34% to about 5.19%, while roughly $4 billion in crypto short positions were liquidated. The move came alongside about $650 million in net inflows to U.S. spot Bitcoin ETFs this week, and renewed calls from Trump for Congress to advance the CLARITY Act. CoinEx chief analyst Jeff Ko said the key level to watch is the 200-day moving average near $69,000.

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Bitcoin

3 months agoNews Editor

Analysts Split on Whether Bitcoin’s Break Above Key Levels Marks a New Bull Run

CoinDesk says market watchers see Bitcoin’s sudden sharp move higher and the forced liquidation of shorts as a classic sign of a bottom. Even so, analysts are divided on whether the break above key levels marks the start of a new bull run. Macro risks still remain, the report said.

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Bitcoin

3 months agoNews Editor

Bitcoin breaks out of six-week range as $3 billion in shorts are forced to cover

Bitcoin moved above $71,000, ending a six-week stretch of price compression. According to CoinDesk, the breakout triggered roughly $3 billion in short liquidations, making it the largest wipeout of bearish positions since at least 2021. Those traders were forced to buy back into a market with thin supply, a setup that amplified the move as the range finally gave way. The report ties the rally directly to the end of the six-week squeeze and the scale of forced short covering that followed.

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Whale Movement

4 months agoNews Editor

Trader 0x517b fully liquidated after sudden CXMT price spike

Lookonchain said trader 0x517b was fully liquidated after a sudden surge in the price of CXMT. The wiped-out short position involved 272,505 CXMT and was valued at about $1.8 million. The liquidation left the trader with a loss of $249,000, according to the on-chain monitoring update cited by ChainCatcher. The move was tied directly to the sharp jump in CXMT, with no other details disclosed in the brief alert. The report focused on the size of the position, the identity tag of the trader, and the scale of the loss recorded after the short was closed out through liquidation.

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Ethereum

4 months agoNews Editor 01

Ethereum Surges to $1,650 as $92M in Shorts Liquidated; TD Sequential Flashes Monthly Buy Signal

Ethereum jumped over 5% to $1,650 in 24 hours, driven by $92 million in short liquidations. The TD Sequential indicator triggered a buy signal on the monthly chart for only the third time historically. However, ETF outflows remain a drag, and key resistance sits at $1,700.

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