Crypto Suffers Nearly $1 Billion In Liquidations As Bitcoin Extends Decline

The cryptocurrency derivatives market has been hit hard by the latest bearish continuation in Bitcoin and others as mass liquidations have hit exchanges. Crypto Liquidations Have Neared $1 Billion Over The Last 24 Hours According to data from liquidation” occurs when an open contract exceeds a certain loss threshold defined by the exchange and undergoes…

70% Decline In Corporate Crypto Treasury Buying: What’s Going On?

A recent report from Bloomberg has unveiled a striking decline in corporate investment in crypto treasuries, highlighting a significant shift in this new trend that has considerably taken the market by storm throughout the year. Purchases by publicly traded digital-asset treasuries have plummeted dramatically, from 64,000 Bitcoin (BTC) in July to just 12,600 in August,…

Bitcoin HODLers Booked $120 Million In Profits During Price Crash: Data

On-chain data shows the Bitcoin long-term holders locked in a significant amount of gain around the time of the latest price plunge. Bitcoin HODLer Whales Have Shown Profit-Taking Spree Recently As explained by analyst Ali Martinez in a new Long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since…