Bitcoin’s approach to the $119,970 price threshold threatens to trigger a massive $3.74 billion liquidation of short positions across leading centralized exchanges. This critical level represents a potential tipping point for traders betting against BTC’s rally. Crossing this price barrier… Read More »Bitcoin Nearing $119,970 Could Trigger $3.74 Billion Short Liquidation Event on Major Exchanges
Bitcoin has surged beyond the $118,000 mark, propelled by unprecedented inflows into spot Bitcoin ETFs and strategic corporate treasury allocations. This rally signals robust institutional demand and a potential structural shift in the cryptocurrency market. Spot Bitcoin exchange-traded funds (ETFs)… Read More »Bitcoin Breaches $118,000 Milestone Fueled By Record ETF Inflows and Institutional Adoption
A prominent Bitcoin whale has injected an additional $8.5 million in USDC collateral to fortify a leveraged position against intensifying liquidation risks. This defensive maneuver comes as the trader’s substantial $133 million short position currently shows unrealized losses of $10.96… Read More »BTC Whale Deposits $8.5 Million Margin Amid $10.96 Million Losses on $133 Million Short Position