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Bitcoin Slides on $2.7 Billion Whale Sell-off as ETH Rotation Gains Steam

Bitcoin’s brief post-Jackson Hole rally collapsed after a major wallet offloaded 24,000 BTC, triggering a $500 million liquidation cascade. Meanwhile, ether outperformed as institutional flows rotated into ETH. Bitcoin Loses…

Continue ReadingBitcoin Slides on $2.7 Billion Whale Sell-off as ETH Rotation Gains Steam

Crypto Weekly Wrap: Bitcoin Hits $124K Before Inflation Data Sparks $1B Liquidation Frenzy

The crypto economy ended the week slightly higher, rising from $3.97T to $4.04T, but the real story was the volatility beneath the surface. Crypto Market’s Eventful Week After appearing to…

Continue ReadingCrypto Weekly Wrap: Bitcoin Hits $124K Before Inflation Data Sparks $1B Liquidation Frenzy

More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation

The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after…

Continue ReadingMore Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation

$333 Million Exits Bitcoin ETFs With Record Outflow of $465 Million for Ether ETFs

Bitcoin exchange-traded funds (ETFs) faced a $333 million setback as ether ETFs posted their largest single-day exit on record with $465 million in outflows, signaling a sharp shift in investor…

Continue Reading$333 Million Exits Bitcoin ETFs With Record Outflow of $465 Million for Ether ETFs