definitely not the alt season people were looking for, is it? 🫠
coinfeeds-bot on
tldr; The crypto market experienced significant volatility, with $1 billion in liquidations over 24 hours as altcoins dropped 12%. Ethereum led liquidations at $115 million, followed by Bitcoin at $80 million. Negative funding rates on major exchanges like Binance and OKX indicate bearish sentiment, while some traders are buying call options expecting price increases. Altcoins TAO, ASTER, and LDO saw steep declines, while TRX posted gains. The sell-off follows a weekend where $500 billion was wiped from market values, reflecting cautious trading and thin liquidity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
inShambles3749 on
Who says the drop is over? XD
Unless Barron’s 200m short or however high it currently is there won’t be an reversal
NotFunyyAtALL on
It happened just 1 week ago, when traders got rekt. Some people never learn. But I get it, it’s hard to fight with gambling addiction.
spider_cat_the_XV on
It’s the falling alt season in
Glittering_Water3645 on
Nature’s healing
ExiledConscious on
I didn’t hear no bell 😵💫
Lacho236 on
Trump’s impending announcement getting priced in
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definitely not the alt season people were looking for, is it? 🫠
tldr; The crypto market experienced significant volatility, with $1 billion in liquidations over 24 hours as altcoins dropped 12%. Ethereum led liquidations at $115 million, followed by Bitcoin at $80 million. Negative funding rates on major exchanges like Binance and OKX indicate bearish sentiment, while some traders are buying call options expecting price increases. Altcoins TAO, ASTER, and LDO saw steep declines, while TRX posted gains. The sell-off follows a weekend where $500 billion was wiped from market values, reflecting cautious trading and thin liquidity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Who says the drop is over? XD
Unless Barron’s 200m short or however high it currently is there won’t be an reversal
It happened just 1 week ago, when traders got rekt. Some people never learn. But I get it, it’s hard to fight with gambling addiction.
It’s the falling alt season in
Nature’s healing
I didn’t hear no bell 😵💫
Trump’s impending announcement getting priced in