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Market Insight: $1.42 Billion Liquidated in the Last 24 Hours
The past 24 hours have been a turbulent time for crypto markets, with 435,013 traders liquidated, resulting in a massive $1.42 billion in total liquidations. This reflects the high volatility currently gripping the market, likely driven by sudden price swings in major cryptocurrencies.
Key Highlights:
1. Largest Liquidation:
The single largest liquidation order occurred on Binance, involving #ETHUSDT with a value of $15.80 million.
2. Exchange Breakdown:
#Binance led the liquidation activity, contributing 40.48% of the total ($95.34 million).
Other major exchanges also saw significant liquidations:
#OKX : $51.49M (21.86%)
#Bybit : $48.40M (20.55%)
3. Asset Liquidations:
Among cryptocurrencies, BTC (Bitcoin) and ETH (Ethereum) dominated the liquidations:
BTC: $333.59M
ETH: $316.21M
Other notable assets include $DOGE
($94.43M) and $XRP
($42.36M).
The heatmap below shows the liquidation distribution across cryptocurrencies and highlights the concentration in BTC and ETH trades.
What This Means
These liquidations typically occur when traders using leverage in futures markets fail to maintain their margin due to sharp market moves.
The high numbers suggest aggressive trading positions were taken amid market uncertainty, leading to cascading liquidations as stop-losses and margin calls were triggered.
Caution is key in such volatile conditions. Avoid excessive leverage and consider risk management strategies like setting appropriate stop-loss orders.
Market volatility often presents opportunities but also carries significant risks. Always trade responsibly and stay informed about market dynamics to safeguard your investments.
The past 24 hours have been a turbulent time for crypto markets, with 435,013 traders liquidated, resulting in a massive $1.42 billion in total liquidations. This reflects the high volatility currently gripping the market, likely driven by sudden price swings in major cryptocurrencies.
Key Highlights:
1. Largest Liquidation:
The single largest liquidation order occurred on Binance, involving #ETHUSDT with a value of $15.80 million.
2. Exchange Breakdown:
#Binance led the liquidation activity, contributing 40.48% of the total ($95.34 million).
Other major exchanges also saw significant liquidations:
#OKX : $51.49M (21.86%)
#Bybit : $48.40M (20.55%)
3. Asset Liquidations:
Among cryptocurrencies, BTC (Bitcoin) and ETH (Ethereum) dominated the liquidations:
BTC: $333.59M
ETH: $316.21M
Other notable assets include $DOGE
($94.43M) and $XRP
($42.36M).
The heatmap below shows the liquidation distribution across cryptocurrencies and highlights the concentration in BTC and ETH trades.
What This Means
These liquidations typically occur when traders using leverage in futures markets fail to maintain their margin due to sharp market moves.
The high numbers suggest aggressive trading positions were taken amid market uncertainty, leading to cascading liquidations as stop-losses and margin calls were triggered.
Caution is key in such volatile conditions. Avoid excessive leverage and consider risk management strategies like setting appropriate stop-loss orders.
Market volatility often presents opportunities but also carries significant risks. Always trade responsibly and stay informed about market dynamics to safeguard your investments.
#Bybit Ends Its Services in #France
🚨 Bybit Exits France! 🇫🇷💔
Bybit, one of the top #crypto exchanges, has announced it will cease operations in France to align with evolving EU regulations. ⚖️
🔑 Why the Exit?
Stricter compliance rules by the Autorité des Marchés Financiers (AMF) 📜
A strategic move to focus on markets with favorable regulatory landscapes 🌍
📉 Impact on French Users:
❌ No new accounts, trades, or deposits
💼 Users must withdraw funds before the deadline
🛡️ Bybit promises support for a smooth transition
🌐 What’s Next?
Alternatives like Binance, Kraken, and Coinbase still serve French traders. 🔄
France remains a growing hub for crypto innovation and blockchain advancements. 🚀
📢 Action Required: French Bybit users, secure your assets today!
🚨 Bybit Exits France! 🇫🇷💔
Bybit, one of the top #crypto exchanges, has announced it will cease operations in France to align with evolving EU regulations. ⚖️
🔑 Why the Exit?
Stricter compliance rules by the Autorité des Marchés Financiers (AMF) 📜
A strategic move to focus on markets with favorable regulatory landscapes 🌍
📉 Impact on French Users:
❌ No new accounts, trades, or deposits
💼 Users must withdraw funds before the deadline
🛡️ Bybit promises support for a smooth transition
🌐 What’s Next?
Alternatives like Binance, Kraken, and Coinbase still serve French traders. 🔄
France remains a growing hub for crypto innovation and blockchain advancements. 🚀
📢 Action Required: French Bybit users, secure your assets today!
CRYPTO WHIRLWIND! 🌪️💸 20M $XRP SURGES TO #Bybit IN 4 HOURS! 🚀🌐
Approximately 4 hours ago, a substantial transfer of 20,000,000 #XRP (valued at 12,209,971 USD) occurred, moving from the address raQxZLtqurEXvH5sgijrif7yXMNwvFRkJN to Bybit.
📄 Transaction Hash: 👇
87F03E05612C15DD0BDE4F85EEA34BED23EFA9E8554FF795F9EC45B9B3DA7E5C
Keep an eye on this dynamic movement in the crypto space! 🧐📊
Disclaimer: Cryptocurrency transactions are subject to market risks. Always conduct thorough research and exercise caution. 🚨💡
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
Approximately 4 hours ago, a substantial transfer of 20,000,000 #XRP (valued at 12,209,971 USD) occurred, moving from the address raQxZLtqurEXvH5sgijrif7yXMNwvFRkJN to Bybit.
📄 Transaction Hash: 👇
87F03E05612C15DD0BDE4F85EEA34BED23EFA9E8554FF795F9EC45B9B3DA7E5C
Keep an eye on this dynamic movement in the crypto space! 🧐📊
Disclaimer: Cryptocurrency transactions are subject to market risks. Always conduct thorough research and exercise caution. 🚨💡
😍 A small LIKE and FOLLOW, Motivates me a lot 😍
📢 Bybit adds Port3 network (PORT3) to its USDT market, available from 17:00 today. 🚀📈 #CryptoListing #Bybit 🌐
𝗝𝘂𝗻𝗲 𝟮𝟲, 𝟮𝟬𝟮𝟰
👉BREAKING : #MakerDAO governance delegate falls victim to phishing scam, losing $11 million.
👉BREAKING: Bitcoin 💰 Spot #ETF Records $174 Million Net Outflow on June 24, Marking Seventh Consecutive Day of Losses.
👉JUST IN: Singapore's largest bank, #DBS says Bitcoin💰 is “a bit like digital gold.”
👉JUST IN: Binance 💰 CEO Richard Teng expresses positive outlook on crypto market. Says “ It’s hard not to be Bullish”
👉JUST IN: Bitcoin 💰 lightning payments app Strike launches to millions across the UK.
👉#Bybit has overtaken Coinbase to become the world's second-largest exchange, with #Binance maintaining the top spot. 🌍📈
👉German government transfers 400 Bitcoin 💰 worth $24.3 million to Coinbase and Kraken, holding a total of $2.85 billion in Bitcoin.
👉BREAKING : #MakerDAO governance delegate falls victim to phishing scam, losing $11 million.
👉BREAKING: Bitcoin 💰 Spot #ETF Records $174 Million Net Outflow on June 24, Marking Seventh Consecutive Day of Losses.
👉JUST IN: Singapore's largest bank, #DBS says Bitcoin💰 is “a bit like digital gold.”
👉JUST IN: Binance 💰 CEO Richard Teng expresses positive outlook on crypto market. Says “ It’s hard not to be Bullish”
👉JUST IN: Bitcoin 💰 lightning payments app Strike launches to millions across the UK.
👉#Bybit has overtaken Coinbase to become the world's second-largest exchange, with #Binance maintaining the top spot. 🌍📈
👉German government transfers 400 Bitcoin 💰 worth $24.3 million to Coinbase and Kraken, holding a total of $2.85 billion in Bitcoin.
#lookonchain
The price of $NEIRO (@NeiroOnEthereum) has increased by ~50% today!
3 MMs make markets for $NEIRO .
#Wintermute holds 42.63M $NEIRO ($3.27M).
wintermutegovernance.eth
#GSRMarkets withdrew 15M $NEIRO ($1M) from #Bybit 3 days ago. 0x56F9f854e3b22307AD9Fc6f57C57f302c519FbC5
#AurosGlobal holds 2.6M $NEIRO ($200K). 0xf5213a6a2f0890321712520b8048D9886c1A9900
The price of $NEIRO (@NeiroOnEthereum) has increased by ~50% today!
3 MMs make markets for $NEIRO .
#Wintermute holds 42.63M $NEIRO ($3.27M).
wintermutegovernance.eth
#GSRMarkets withdrew 15M $NEIRO ($1M) from #Bybit 3 days ago. 0x56F9f854e3b22307AD9Fc6f57C57f302c519FbC5
#AurosGlobal holds 2.6M $NEIRO ($200K). 0xf5213a6a2f0890321712520b8048D9886c1A9900
FTX Trading Ltd. has reached a significant settlement with Bybit Fintech Ltd., resolving their legal dispute for $228 million. This agreement allows FTX to recover $175 million in digital assets from Bybit and sell BIT tokens to Bybit's investment arm, Mirana Corp., for approximately $53 million. This settlement marks a crucial step in FTX's bankruptcy proceedings, enabling the firm to secure substantial recoveries for its stakeholders while avoiding further litigation costs.
#Crypto #FTX #Bybit #Blockchain #Settlement
#Crypto #FTX #Bybit #Blockchain #Settlement