The cryptocurrency market experienced a turbulent day following a sharp drop in Bitcoin below $95,000, which triggered massive liquidations.
In total, liquidations amounted to $1.75 billion in the last 24 hours, affecting more than 582,486 traders. This wave of total liquidations once again highlights the volatility of the market and the consequences of high leverage on long positions.
According to data provided by Coinglass, liquidations totaled $1.75 billion over a 24-hour period. This collapse primarily impacted long positions, with losses of $1.58 billion, while short positions accumulated losses of $171.2 million.
☝️Summary of liquidations for the most relevant cryptocurrencies:
✅️Bitcoin (BTC): $189.1 million in liquidations.
✅️Ethereum (ETH): $245.2 million in liquidations.
The drop in Bitcoin to $94,900 caused a domino effect that left thousands of investors with positions forcibly closed due to insufficient margins.
💡Comparison with historical liquidations.
This event is not the first to trigger a large number of total liquidations.
On December 5, liquidations of $1.1 billion were recorded, the largest amount since December 2021. At that time, a "leverage purge" eliminated thousands of excessively optimistic leveraged positions.
These episodes demonstrate that the crypto market remains highly susceptible to sharp movements and speculation with high leverage.
No more chances for Syria icon! The King of the North enters Beijing, Qing army enters the pass icon.
The United States and Israel icon destroy Syria's ammunition depot!
In the early hours of the 10th, Israel launched 250 airstrikes on Syria overnight, destroying Syrian airports, weapon depots, air defense systems, air force fighter jets, radars, and research facilities. The United States quickly followed up with over a hundred airstrikes.
Israeli ground troops and elite air force occupy the Hermon Mountain region of Syria.
Now, not only are the Golan Heights icon fully controlled by Israel, but also more than half of Syrian territory is about to be swallowed.
Although Turkey icon wants to compete with Israel, the rebel forces are already too weak, and now, with the ammunition depots completely rendered useless, they are directly undermined.
Turkey can only swallow its bitterness in silence, unable to express its grievances. The biggest point of contention now is the Russian icon naval base port, which is desired by the US, Israel, and Turkey.
MOVE has now reached an ATH of $1.3 and here is the information you need to know about the project!
Does MC 3B have reliable value to invest in this MOVE project? Let's find out in this article with Wendy
Movement (MOVE) A Move-EVM L2 on Ethereum. Movement Network is an ecosystem of Modular Move-based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.Anticipated use cases include:Staking & Delegation for Economic Security: Validators stake $MOVE to secure the network and earn staking rewards.Gas Fees: $MOVE owers transaction fees for Movement Network L2 and other Move-based L2s built on MoveStack.Governance: MOVE lders participate in network governance, voting on proposals to shape the future of Movement.Collateral and Liquidity: Applications use MOVE collateral, for liquidity provisioning, and as a native payment asset.Sequencer decentralization Core aspects of Movement Network are:30k+ TPS due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.Consensus Mechanism:Movement uses a fast-finality settlement mechanism secured by validators staking $MOVE. This novel approach is designed as an alternative to traditional optimistic and validity rollups.Movement Network has raised a $3.4mm Pre-Seed in Sep 2023. Movement Network raised a $38mm Series A in April 2024, led by Polychain Capital. Movement Network raised a Strategic Round in May 2024 with Binance Labs.As at Dec 9th 2024, the total supply of MOVE is 10,000,000,000. Our circulating supply will be between 22.5%. Key metrics (as at December 9th 2024) Token Name: MOVE Token Type: [ERC-20, Native] Initial Circ. Supply When Listed on Binance: 22.5% Total and Maximum Token Supply: 10,000,000,000 Current Circulating Supply: 22.50% HODLer Airdrop Allocation: 2.00% (Season 1)
What is Movement Network? ● Project overview Movement Network is the first Move-EVM L2 for Ethereum, offering the fastest and most secure user experience on Ethereum. Movement Network is building a modular blockchain ecosystem powered by the Move programming language, a secure, resource-centric framework originally designed by Facebook. Movement’s mission is to bring Move execution to diverse environments and enable seamless interoperability between blockchain networks.
● Project mission At the core of Movement’s vision is the integration of cutting-edge technologies such as Movement Network, and the Move Stack, which combine to deliver a secure, scalable, and developer-friendly infrastructure. By bridging Move with Ethereum via our innovative Move-EVM (MEVM) compatibility layer, Movement fosters a unified blockchain landscape that enhances liquidity, scalability, and user accessibility. Movement Network’ ecosystem is centered on empowering developers to create innovative decentralized applications, rollups, and infrastructure while advancing the adoption of decentralized technologies globally.
Project value proposition Movement Network is revolutionizing blockchain scalability and security by leveraging the Move programming language, designed for resource-centric smart contracts and enhanced safety. By integrating Move with Ethereum through the innovative Move-EVM (MEVM) Layer 2, Movement combines the best of both ecosystems—Move’s security and Ethereum’s liquidity. This modular framework enables developers to deploy high-performance appchains and decentralized applications, fostering innovation and expanding blockchain interoperability. With its fast-finality mechanisms and robust infrastructure, Movement positions itself as the cornerstone of next-generation decentralized ecosystems.
● Project Key Highlights Core aspects of Movement Network are: 30k+ TPS due to Move's parallel processing capabilities through Block-STM.Smart contract safety and security via Move, stopping the majority of traditional attack vectors.Movement Network's flagship interpreter, Fractal, which enables Solidity contracts to compile on MoveVM and parallelize -- while offering full bytecode-compatbility and allowing Move and EVM applications to co-exist.Execution-layer rollup frameworks for teams to launch custom high-throughput rollups via the Movement SDK.
● Existing Products Movement has more than 60+ dapps live on testnet today (testnet.movementlabs.xyz/apps) with $600M+ in committed TVL on mainnet launch.
Token Distribution MOVE have a maximum supply of 10,000,000,000 tokens, with an initial circulating supply of 22.5%. MOVE e available and represented on Ethereum Mainnet as an ERC-20. Following Movement Network Public Mainnet launch, MOVE so be available on Movement Network. The majority of MOVE be allocated to the Movement Network community – across Ecosystem & Community, Foundation, and Initial Claims tranches.
Ecosystem + Community (40%) 40% of MOVE reserved for Ecosystem, including the following: Staking Rewards: Reserved for future distribution of validator rewards on Movement Network.Ecosystem Initiatives: Reserved for future distribution of grants to teams on Movement Network. Grants are awarded based on the completion of certain pre-defined milestones.Incentives & Liquidity Provisioning: Reserved for future distribution of incentives for usage of Movement Network, and to provide liquidity to bootstrap the Movement Network DeFi ecosystem. Initial Claims (10%) 10% of MOVE be distributed to the Movement Network community – through the MoveDrop and other initial claims activities. Foundation (10%) 10% of MOVE reserved to support the ongoing operations of Movement Network Foundation, as they manage the growth, development, and decentralization of Movement Network. Early Contributors (17.5%) 17.5% of MOVE eserved for Early Contributors of Movement Network – who are primarily from Movement Labs. These Early Contributors come from across Engineering, Product, Community & Marketing, Business Development, Strategy, and other workstreams. Early Backers (22.5%) 22.5% of MOVE served for Early Backers of Movement Network – who have provided financial, advisory, and strategic support to Movement Network. Token Utility MOVE token of the Movement Network ecosystem, and will be used to achieve the long-term objectives of the Network. Movement Network aims to develop various utilities for $MOVE, including the following: Staking for Economic Security Movement Network aims to introduce a novel fast-finality settlement mechanism, creating an alternative to validity and optimistic rollups. Fast-finality will be enabled by a set of validators who stake MOVE correctness of Movement Network’s state. In exchange for providing this economic security, active validators will receive MOVE Gas Fees Gas fees on Movement Network Public Mainnet L2 are denominated and paid for in $MOVE, where a portion of these fees are used to pay for rent to settle transactions on Ethereum Mainnet. In the future, as teams build L2s using the MoveStack, these L2s are also expected to use MOVE es. Governance & Decentralization Through $MOVE, we expect the community to play a critical role in the decentralization of governance of Movement Network over time. Holders will be able to propose and vote on governance proposals to change certain network parameters and participate in future community initiatives. Native Assets on Movement Network MOVE the native asset of Movement Network. Applications built on Movement Network can use MOVE MOVE dityCollateralPayment Roadmap
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Detailed Project Analysis - OVERVIEW MOVEMENT Follow #wendy for the latest updates 😉 $MOVE
Trading Iron Laws Eight Key Principles of Short-Term Trading First, at the peak of the first and third summit, sell in advance. Second, when the double peaks touch the sky, a drop is imminent. Third, when dark clouds cover the top, sell quickly. Fourth, when the long arrow shoots to the sky, a drop is imminent. Fifth, who hits the bottom with a needle, is the timing to buy coins. Sixth, when the three armies meet, watch for the future market. Seventh, when five suns are in battle, the coin price rebounds. Eighth, when three needles probe the bottom, the future market is promising.
《Continued Volatility — Is the Market Going Up or Down?》
Bitcoin has once again created a historical new high today. Earlier yesterday, altcoins saw some rebound, and Tether also observed that this rebound is not sustainable. The market still needs to fluctuate, reminiscent of the previous scenario after Bitcoin broke through its new high, and now it needs to be reviewed again.
Ethereum, after breaking through the resistance around 3950, has also started heading towards the resistance near 4100. After a brief touch of the resistance, it began to pull back, which scared altcoins back to some extent.
Before the volatile market ends, we still need to patiently wait and must not blindly go all in or give up. There is no need to be anxious; during times of no market activity, take a good rest and do some meaningful things. Just patiently wait for the spring to arrive.
Both Bitcoin and Ethereum have broken through. The U.S. Bitcoin ETF and Ethereum ETF, as well as Hong Kong's ETF, are all seeing net inflows of funds. One must have certain patience, endure the fluctuations, and not falter before dawn.
We would like to hear your opinion, what cryptocurrency do you think could surpass BTC in the future, the calculation is based on a project that the cryptocurrency carries with it, the answer will simply be the name of the token, THE TOKEN consists of 4 letters. this is a hint.
Currently, this token is not yet traded but will be released on a decentralized exchange in 2025 and then on Binance, and this token can only be purchased on Binance, as the demand for the product will require it to be purchased only for that token, and because of the demand for this token due to the limited number of tokens. This product will change the world related to quantum energy, which the demand will exceed the number of tokens that the company producing this product has; I give you one hint, the name of this product (Quantum Block) you can find the correct answer by going to GPT-3 and writing whose invention is Quantum Block, and you can get the correct answer there; artificial intelligence will give a precise answer. 😉👍
For the first time, we want you to think and guess.
So THE QUESTION: WHAT TOKEN WILL NEED TO BE PURCHASED ON BINANCE TO BUY THIS BLOCK.❓❓
Various witches airdropped before #ETH再度冲击4K , starting from $OP and $ARB . After that, various airdropped witches on the second layer can be considered as having eaten up most of the benefits of the second layer. Ethereum is currently facing various difficulties, not only the high Gas fees, but also the ineffective airdrops and second layer issues, which significantly impact users. However, $SOL can grow and profit together with users, so everyone votes with their feet, which is an inevitable outcome.
XAI tweeted: For those who have a little Sentry Key, there will be a lot of airdrop rewards locked in 2025... Looks like now is a great time to join the Xai ecosystem! 🤏🔑#XAI$XAI
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Israel's icon first attacked Hamas, then the Palestinian icon, then Hezbollah, and finally the Syrian icon. At first, the world had some reaction, condemning and sanctioning, until the Golan Heights icon was taken. Now the world almost turns a blind eye. Even Syria's new leader Julani stood up and said that he did not want to have a conflict with Israel, and did not mention the lost land. As a result, even the landowners were not mentioned. What reason does the world have to mention it?
The Iraqi icon is over, the Libyan icon is over, and the Syrian icon is over. Next is Iran's icon. Iran knows its situation, so it is ready to give the world a huge surprise. Will it raise the red, yellow, blue and green flag again?
Israel won five Middle East wars and has been beating neighboring countries for the next few decades. The final result is that Israel is getting stronger and stronger, while neighboring countries are getting weaker and weaker. Even Iran, which has been operating the Shi'ite icon arc, did not say a word when Syria abandoned it, and honestly returned to Iran. This is the world, and Iran is hopeless.
After the Iraq War ended, the US had two directions of attack, Syria and Iran. After weighing the pros and cons, the US chose Syria. Now that Syria has fallen, it is Iran's turn. Moreover, the corruption and infiltration of Iran over the years is almost over. Only the last blow is left, and Iran still can't afford it.
The world is still the same after all. Strength is king, and combat power is king. Although Israel is small, it has strong military strength. The surrounding Arab powers are all cowards. Don't blame Israel for becoming a regional bully.
Bitcoin is at new highs. 😁 Fierce. When will you stand firm? Give the copycats some chances. Just 1% of the capital is enough for the copycat to take off! By the way, I remind you again not to go short! Don’t go short! Look at the micro-strategy I posted earlier and added another position! #BTC再创新高 $BTC
لحاملي عملة $AVAX عملة شبكة Avalanche العمله كنا قد شاركناها معكم في توصيه من سعر $20 ولله الحمد حقفت اهداف جميله في الشارت امامك تحديث جديد الحركة المتوقعه خلال الايام والاسابيع القادمه قمنا بتجهيزه قبل يومين وكنا نراقب العمله ولم ننشره حاليا اختبرت منطقه دعم اسبوعي مهم وارتدت منه للاعلى وهذا يكسب تحليلنا لها ايجابيه اكثر
ملاحظة ⚠️ هذه ليست توصيه للشراء حالياً نحن قد سبق ووصينا عليها منذ القيعان هذا التحديث يفيد مستثمريها للمدى البعيد لمحاولة رؤية اهدافها الاستثماريه المتوقعه في قادم الايام