How Bitcoin Options Traders Are Positioning Amid the Crypto Market Rout
18 Articles
18 Articles
Key Points of the News Massive Liquidation in the crypt market: Monday's fall eliminated more than $1.5 billion in leveraged positions, with Ether collapsing 9% and Bitcoin also falling before cutting losses. Warm rebound: By Tuesday, Ether was traded about $4,194 and Bitcoin at $113,000, while traders were protecting themselves with options both for strong falls and for large rebounds. Volatility on the horizon: An expiration of options of $23 …
Ethereum Price Crash By 6% Leads Crypto Market Liquidations, What's Next? - The Market Periodical
Key Insights: Ethereum price movements also correlate with Coinbase (COIN) stock, suggesting further downsides of $3,400. Analysts highlighted key support for Ethereum’s price at $4,100, with potential downsides of $3,700–$3,800 if broken. Amid the sell-off, Bitmine Technologies added 264,378 ETH to its reserves, raising its total holdings to 2,416,000 ETH. Ethereum (ETH) has been leading the broader crypto market sell-off on Monday, September,…
Since Sunday, there have been $1.7 billion in long positions liquidated in the perpetual crypto contract market, shaking the entire market.
Crypto Market Shaken: $151B Wiped Out, Altcoin Rally Ends
The crypto market’s dramatic downturn this week, with over $151 billion in market value erased in a single day, has sent shockwaves through the industry. The liquidation of more than $1.7 billion in leveraged positions and the impact on over 402,000 traders underscore the fragility of highly leveraged trading environments. This event has sparked a shift in market sentiment, with the Altcoin Season… Source
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