Abraxas Capital Faces $100M Unrealized Loss On $800M Crypto Short Positions – Details

The crypto market is heating up once again as Bitcoin consolidates just below its all-time highs and Ethereum approaches critical resistance near the $4,000 level. Momentum is building across major assets, and volatility is picking up as capital rotates into altcoins. Traders are closely watching for a breakout, with many expecting a decisive move in… Continue reading Abraxas Capital Faces $100M Unrealized Loss On $800M Crypto Short Positions – Details

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the… Continue reading Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000

Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed… Continue reading Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000