Traders are closely monitoring specific Bitcoin price thresholds that trigger massive liquidations, signifying intense market volatility. Analysis reveals that Bitcoin crossing above $119,203 would precipitate approximately $3.35 billion in short liquidations across exchanges. This significant liquidation event could fuel a… Read More »Critical Bitcoin Liquidation Levels Highlight Market Volatility Risks
Bitcoin experienced a short-lived dip below the $116,000 threshold before swiftly rebounding to $117,365, representing a 24-hour decline of 0.31%. This movement highlights the cryptocurrency’s characteristic volatility and underlying resilience amid routine market fluctuations. Market analysts attribute the momentary drop… Read More »Bitcoin Briefly Slips Below $116,000 Before Recovering to $117,365
Binance has launched new perpetual contracts for trading the BULLA/USDT and IDOL/USDT pairs, offering traders leverage up to 50x. The contracts are intended to enhance trading volume and liquidity for the BULLA and IDOL tokens while providing traders greater flexibility.… Read More »Binance Expands Derivatives Offering with BULLA and IDOL Perpetual Contracts Featuring 50x Leverage
Prominent crypto trader AguilaTrades incurred a significant realized loss of approximately $15.42 million after liquidating a 20x leveraged Bitcoin long position. The substantial closure highlights extreme risk exposure in volatile cryptocurrency markets, where high-leveraged strategies can amplify losses during sudden… Read More »Whale Trader AguilaTrades Suffers $15.42 Million Loss on 20x Leveraged Bitcoin Position