Traders on Binance, the world’s largest cryptocurrency exchange, are becoming increasingly pessimistic, with data from the platform showing that sell orders and user deposits have been steadily rising. According to CryptoQuant analyst COINDREAM, it means that short-term confidence has fallen following last week’s historic market crash. Market Metrics Signal Waning Confidence COINDREAM’s analysis revealed that […]
A stunning misstep amid Bitcoin’s recent price swings caused by escalating Middle East tensions has reportedly seen seasoned crypto trader AguilaTrades lose over $35 million in just two weeks. According to a detailed thread posted on X by on-chain analytics account Lookonchain on June 23, the punter’s aggressive leveraged bets unraveled spectacularly as the Israel-Iran […]
A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have fallen victim to hackers. What […]