$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?
Tag: Futures
Bitcoin futures premium hits 30%, but analyst says, ‘This time it’s different’
Futures traders are using excessive leverage and historical data shows Bitcoin price crashes tend to occur after the futures premium reaches 30%.
Trading Bitcoin options is less risky than futures but mind the premium!
Trading Bitcoin options can be a great way to access leverage while avoiding the liquidation risk presented by futures contracts but investors must keep an eye on the premiums.
3 key Bitcoin price metrics signal this ‘healthy’ rally has room to run
A stable funding rate paired with a record-high $20.3 billion open interest on BTC futures suggest that the current rally has room to extend higher.
Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market.
Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity
“We are at all-time-highs territory [and] the market still has to make up its mind” about next resistance or supporting levels, says one broker.
USDT-settled futures contracts are gaining popularity, here’s why
Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader?
Bullish $10K Ethereum call options excite traders but there’s a catch
December’s $10,000 Ethereum calls options have started to pick up volume, but are traders really expecting ETH to reach this level?
Record $6.5B futures open interest signals traders are bullish on Ethereum
The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage.
FTX created a Wall Street Bets index including GME, DOGE and others
The FTX crypto exchange’s new index is called the Wall Street Bets Index.
