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Trend Research Forced to Sell 612K ETH as $958M Leveraged Position Implodes
TLDR:
Trend Research sold 612,452 ETH valued at $1.26 billion over six days to avoid total liquidation.
The firm’s leveraged position peaked at $958 million in borrowed stablecoins backed by 601K ETH.
Only 39,301 ETH worth…
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Why Does HYPE Benefit as Market Liquidations Grow Larger?
Hyperliquid (HYPE) has moved against the broader market since the start of the year, supported by several internal and distinctive drivers. Analysts observe that liquidation losses have actually helped push HYPE’s price higher.How long can…
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Lighter rallies 13% as retail buys – Why are whales still selling LIT?
Lighter decentralized exchange is challenging established DEXs like Hyperliquid in terms of the volume traded in perpetual futures. Its activity has kept pace with the broader market rebound, with LIT rallying more than 13% in…
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CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the…
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Aave Shutters Avara Brand and Family Crypto Wallet
Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company…
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Ethereum’s L2 Scaling Story Gets a Rewrite From Vitalik Buterin
Vitalik Buterin is openly challenging long-held assumptions about Ethereum’s layer-two ( L2) strategy, arguing that the original vision for L2s no longer fits a network where the base layer itself is scaling rapidly. Vitalik Buterin Calls…
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Bitcoin & Ethereum Drop, ETFs Face Losses Amid Market Volatility
TLDR:
Bitcoin and Ethereum fall below key technical levels, triggering $1.7B in liquidations.
U.S. Treasury confirms it cannot “bail out” Bitcoin or direct banks to increase holdings.
Spot ETFs face unrealized losses, but…
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Price predictions 2/6: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR
Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce?
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Ether’s Technicals and Onchain Data Signals ETH Could Slip below $1.4K
Ether (ETH) has fallen by 30% over the past seven days, sliding to $1,900 from $2,800. The drop was accompanied by a sharp decline in futures activity, with Ether’s open interest falling by more than $15 billion over the same…
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FARTCOIN: How $64.8M whale sell-off hurt the memecoin’s price
The memecoin market is crashing as hard as the broader crypto market. Even the large-cap memes have faced the impact of the overnight liquidations that saw Bitcoin lose more than $10K in its valuation.
Fartcoin , one among the…
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