😱 #ETH traders today experienced one of the worst daily liquidations in their history - over $400 million
This could be a sign of the bottom
💸 Realized losses in the last 48 hours have totaled over $850 million in #BTC, all from short-term holders
Читать полностью…🥳 #BTC #ETF Capula Management, the fourth largest hedge fund in Europe, informs about $500 million in Bitcoin ETF. sec.gov
Читать полностью…🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -1,205 BTC (-$65.49M) 🔴
Fidelity outflows 1,661 BTC ($90.26M
#ETH-ETFs:
NetFlow: -22,779 ETH (-$54.94M) 🔴
Grayscale outflows 25,045 ETH ($60.41M)
📊 #BTC's brief visit below $50K coincided with the largest week of volume (~$99B thus far) since the November, 2022 FTX collapse. And due to the bullish trader sentiment just prior to this crash, average returns of BTC wallets active in the past 30 days fell to 26-month lows.
Читать полностью…🥳🎁 #ZRC Project L2 Zircuit announced about the launch of phase 1 of the main network and airdrop (21% of the total token supply), and also released ZRC tokenomics.
Читать полностью…🇺🇸🍿 #ETH 0.041 ETH was transferred from a US government address, which may be a check before a large transfer
Читать полностью…🎢 #BTC #ETF 20 mins into the trading session and Bitcoin ETFs have already seen $1.3bn in volume — this is extremely elevated
Читать полностью…😨📉 #BTC #ETF ProShares Bitcoin Strategy fell 17.5% and iShares Bitcoin Trust fell 17.7%.
G7 stock prices also fell sharply on the US stock market, with $1.3 trillion of their combined market value evaporating.
MicroStrategy shares fell more than 23%, Coinbase fell more than 18%.
🕵️♂️👀 #ETH 0xscope: Since August 3, the top five market makers have transferred a total of over 130,000 ETH directly or indirectly to the CEX.
Читать полностью…🇺🇸🗣 #macro Goolsby from the Fed:
- Employment data is lower than expected, but does not yet show signs of recession;
- The Fed’s task is not to respond to employment data for one month;
- If the economy worsens, the Fed will take steps to restore it;
- Presented the Fed were discussing an emergency rate cut.
Meanwhile, according to FedWatch, the market assumes a 100% probability of a rate cut by 50 bp. for the September meeting
🇺🇸⛏ At a #BTC price of $54k and a power rate of $0.07/kWh, ASICs with a unit power consumption of 23 W/T or higher are operating at a loss.
Also, only Antminer S21 Hyd, S21, Avalon A1466I, Antminer S19XP Hyd and S19XP remain profitable at $52,000, while most mining machines fall below the breakeven point at $0.07/kWh.
📊 IntoTheBlock: #BTC is showing minor signs of recovery. Here are some key levels to watch:
Upside: Resistance is fairly distributed, but two levels with notable historic volume stand out: $55.5k and $60.5k
Downside: Significant demand is concentrated below $50k, with strong support anticipated around $47.5k
📊 The difference between #BTC short and long-term holders:
- Short-term holders capitulated, some selling at a 20% loss
- Long-term holders still spending at a profit
📉 #BTC's 1% market depth on major exchanges is down over 40% since Aug 1, from ~$150M to $86M as of Monday morning
Читать полностью…📊👀 #BTC Based on the Bitcoin MVRV Pricing Bands, $BTC needs to reclaim $54,000 as support to prevent a drop to $40,000. If the $54,000 support holds, the key resistance on the upside for BTC is $67,000.
Читать полностью…📈 #EVAA, the main lending protocol in #TON, increased its TVL to a record $31 million
Читать полностью…📉🤔 #BTC's volatility has been low in July
However, August is shaping up to be a different beast due to the market selloff following last week's disappointing job market numbers.
We're finally seeing those rate cuts, but not because the Federal Reserve is achieving a soft landing.
As we've discussed before, a sustained increase in the unemployment rate consistently comes at the start of US recessions. So there are real reasons for concern now.
🙋♂ #GMX DAO offers integrate zero slippage into V2 and more closely align the GMX trading engine with the traditional order book
Читать полностью…🤬📉 Shares of MicroStrategy (#MSTR) and Coinbase (#COIN) fell 24% and 18%, respectively, in premarket trading.
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