Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CFTC data shows Bitcoin futures speculators net long 2,418 contracts
Speculators' net long positions in Bitcoin futures suggest cautious optimism, reflecting potential hedging strategies amid market...
Kraken Parent Payward Eyes First CFTC-Regulated Hyperliquid Futures Market
Kraken parent Payward plans to become the first Commodity Futures Trading Commission (CFTC)-regulated operator to deploy perpetual...
Hyperliquid unveils HIP-3* to support regulated US perpetual futures through Payward
The introduction of regulated perpetual futures could enhance market accessibility and compliance, potentially boosting US crypto...
Kraken parent Payward to launch CFTC-regulated futures for US clients
The launch could boost Hyperliquid's market credibility and interest, but hinges on regulatory approval impacting future market dy...
Tax Preparer Accused of Claiming Losses on Crypto Never Owned
A Connecticut tax preparer allegedly claimed cryptocurrency losses for taxpayers who never owned the assets. The accusations form...
Ripple Legal Chief Raises Alarm Over Losses in New Crypto Offerings
Ripple’s legal chief Stuart Alderoty is calling for clearer project promises and issuer accountability amid concerns about losses...