Crypto Short Liquidations Near $300 Million as Bitcoin and Ethereum Prices Spike
Short traders are “swimming against the tide” before an incoming second wave of ETF demand, says one Glassnode analyst.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin Short Squeeze Wipes Out $1.2 Billion in Bearish Bets as Price Nears $77,000
Bitcoin hit $77,000 as a short squeeze wiped out $1.21 billion in bearish bets. $1.5 billion in total crypto liquidations hit 178,...
Ethereum Taps $2,546 as ETF Cash and Shorts Fuel the Fire
Ethereum (ETH) surged 29.8% higher over the past seven days, smoking bitcoin’s 22.9% gain as returning exchange-traded fund (ETF)...
Bitcoin Consolidates Near $77,000 as Traders Weigh Odds of a $90,000 Break
Bitcoin held above $77,000 at three-month highs as gold hit 14-week peaks. Traders watch whether support holds and a $90,000 break...
Over $33M in Solana short positions liquidated as SOL nears $95
The liquidation of Solana shorts highlights the volatility and risk in crypto markets, emphasizing the need for cautious leverage...
This Nasdaq-listed crypto firm is swapping fresh Ethereum buys for an AI pivot
Intchains Group is pulling back from fresh Ethereum purchases after its first-half revenue collapsed by 94% and is now focused on...
Bitcoin hits $80,000’s doorstep just as the ETF bid disappears for the weekend
Bitcoin enters the weekend within striking distance of $80,000, registering an intraday high at $79,500 on Aug. 21. The move caps...