aave aavenomics proposal A loan backed by approximately 2.3% of the total AAVE supply is being liquidated in tranches on Thursday amid a major market pullback, according to onchain data.  Roughly $2 million worth of AAVE collateral has been seized across four liquidation transactions to cover nearly $2 million in USDC debt. The once-overcollateralized loan, initially backed by roughly $28.4 million worth of AAVE before liquidations began, used 355,093 AAVE tokens as collateral on the decentralized lendin ...

Tokenized silver futures recorded the largest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a pullback in precious metals spilled into commodities-based crypto futures. According to CoinGlass data, 129,117 traders were liquidated in the past day, with total losses reaching $543.9 million. Tokenized silver contracts led the wipeout, with roughly $142 million in liquidations tied to products tracking silver pric ...

Core Insights - Bitcoin has reached a new high of $97,800 after breaking the $95,000 resistance, marking a 3.5% increase in the last 24 hours [1] - Ethereum's ether (ETH) has also seen significant gains, rising 5% to $3,380, surpassing the $3,300 level for the first time in 2026 [1] - The breakout of both cryptocurrencies has led to nearly $700 million in liquidations in the derivatives market, primarily affecting leveraged short positions [2] Group 1 - The liquidation of short positions was significant, with approximately $380 million in bitcoin shorts and over $250 million in ether shorts being wiped out [2] - The price rally is described as largely mechanical, driven by market makers addressing supply-demand imbalances from previous declines [4] - The breakout above $95,000 has been seen as a catalyst for a broader risk-on sentiment in the digital asset market [5] Group 2 - Market participants are now optimistic about a potential climb above $100,000 and a retest of all-time highs, with Bitcoin's previous peak being $126,000 in early October of last year [6] - Support from traditional markets, including stable equities and bond yields, is believed to contribute to the positive momentum in the crypto market [7]

Core Insights - The cryptocurrency market is experiencing significant declines, with Bitcoin dropping 3% despite traditional markets like Nasdaq and S&P 500 showing gains [3][4][5] - Liquidations in the crypto market have surged, with over $414 million in long positions liquidated in a single session, following a previous flash crash that saw $19 billion wiped out [5][6] - Michael Burry's skepticism towards Bitcoin has resurfaced, drawing comparisons to tulip bulbs and emphasizing its perceived worthlessness and vulnerability [6][7] Market Performance - Bitcoin has seen a notable decline, recently falling towards the $89,000 mark, distancing itself from October highs [4] - The total crypto market capitalization remains around $3.1 trillion, recovering from a low of $2.9 trillion, indicating potential turning points despite ongoing volatility [6] Liquidation Trends - The current wave of liquidations is reminiscent of past crypto shakeouts, with a significant amount of long positions being cleared out [4][5] - The rapid liquidation of nearly $100 million in long positions occurred within 30 minutes, highlighting the market's instability [5] Sentiment and Commentary - The overall sentiment in the crypto market has shifted from surprise to concern, particularly in light of Burry's critical comments during this period of volatility [2][6] - Burry's bearish outlook on Bitcoin is influencing market sentiment, which is already fragile due to the recent downturn [7]

Core Insights - Bitcoin experienced a 5% decline in the past 24 hours, contributing to a 21% drop over the past month, with current trading around $86,800, down 31% from its all-time high [1] - Total crypto market liquidations surged to $637 million, with $568 million attributed to long positions [2] Market Dynamics - The recent sell-off was driven by a rapid, momentum-driven drop that led to significant long liquidations, amplifying selling across both spot and derivatives markets [3] - Comments from Strategy CEO Phong Le regarding the potential sale of Bitcoin to fund dividend payments have sparked fear among investors, altering perceived supply dynamics [4][5] Investor Sentiment - Despite concerns raised by Le's comments, traders on the prediction market Myriad assign only a 5% chance of Strategy selling any Bitcoin before year-end [6] - Tether's potential insolvency, particularly if Bitcoin and gold decline by 30%, has also contributed to market volatility, as concerns about liquidity premia and margin risk have increased [7]

Core Insights - The crypto market has experienced a significant crash, with a total market cap decline of $1.35 trillion since October, and $1 billion in liquidations occurring in the last 24 hours across major cryptocurrencies [1][5]. Group 1: Market Performance - Bitcoin (BTC) price has dropped 8% to $85,000, while Ethereum (ETH) has fallen 9% to below $2,800 [1][3]. - Over 252,000 traders have been liquidated, with the largest single liquidation order for BTCUSDT valued at $30.91 million [2]. - In the last 24 hours, approximately $850 million in long positions and $150 million in short positions were liquidated [3]. Group 2: Liquidation Details - The liquidation of $500 million in Bitcoin holdings occurred within the last 24 hours, contributing to the price slump [3]. - The most liquidated cryptocurrencies include BTC, ETH, SOL, XRP, ZEC, HYPE, DOGE, TON, ASTER, and BNB [4]. - SOL's price decreased by 8% to an intraday low of $130.52, while XRP fell over 7% to $1.96 [4]. Group 3: Options Expiry Impact - A $4.2 billion crypto options expiry is expected to add further selling pressure in the current bear market [5][6]. - More than 39,000 BTC options worth $3.4 billion will expire today, with a put-call ratio of 0.52, indicating a bearish sentiment among traders [6]. - Over 185,000 ETH options with a notional value of nearly $525 million are also set to expire, with a put-call ratio of 0.72, reflecting increased bearish positioning [7].

Core Insights - Bitcoin experienced a significant decline, dropping to just above $100,000 before a slight recovery to $101,000, driven by forced liquidations and macroeconomic concerns [1][5] - Over $2 billion in futures contracts were liquidated in the last 24 hours, with long traders suffering the majority of losses at $1.6 billion [1][2] Market Dynamics - Liquidations occur when traders using borrowed funds are forced to close positions due to margin requirements, leading to automatic sales on crypto futures exchanges [2] - The recent wave of liquidations is one of the largest since September, indicating fragile market positioning after volatile price movements [3] Price Movements - Bitcoin fell 5.5% in the past day and over 10% for the week, while Ether dropped 10% to $3,275, and other cryptocurrencies like Solana and BNB also saw declines [4] - The total cryptocurrency market capitalization decreased to approximately $3.5 trillion, marking its lowest level in over a month [4] Sentiment and Outlook - Risk-off sentiment in financial markets has affected a wide range of assets, including cryptocurrencies, stocks, and commodities [5] - Speculation regarding the Federal Open Market Committee's (FOMC) potential rate cuts and concerns over tariffs and credit market conditions have contributed to market declines [6] - Despite the volatility, analysts maintain a constructive long-term outlook for Bitcoin, viewing the $100,000 level as a significant psychological support [7] - The upcoming sessions will be critical in determining whether Bitcoin's recent bounce can lead to a sustained recovery or if further forced selling will occur [8]

Market Overview - The crypto market experienced significant declines, with Bitcoin nearly reaching $99,000 and Ethereum hitting a four-month low, leading to total daily liquidations exceeding $2 billion [1][2][3] - Bitcoin fell below the $100,000 mark for the first time in six months, with a recorded low of $99,075 [1][2] Bitcoin Performance - Bitcoin was trading at $101,167, reflecting a daily drop of approximately 5%, and has seen a decline of over 10% in the past week, down nearly 20% from its all-time high of over $126,000 set in early October [2] - Liquidations for Bitcoin positions amounted to $614 million, with Bitcoin leading daily liquidations earlier in the day [3] Ethereum Performance - Ethereum's price dropped from a 24-hour high of $3,649 to a low of $3,097, marking its lowest price since July, and is currently down more than 9% on the day [2] - Ethereum accounted for $655 million in liquidations, surpassing Bitcoin's liquidations [3] Altcoin Performance - Other altcoins such as XRP, Solana, and BNB experienced greater daily losses than Bitcoin, although none matched Ethereum's decline [3] Market Sentiment - The total liquidations of $2.02 billion in the past 24 hours, while substantial, are still far below the record $19 billion set in October, indicating a shift towards more conservative trading behavior among investors [4] - Market anxiety persists among large investors, reminiscent of the volatility seen on Black Friday (October 10) [4]

Core Insights - The article discusses a significant $19 billion liquidation cascade that impacted the crypto markets recently [1] - Round13 Capital's decision to go all-cash is highlighted, contrasting with many bullish forecasts for Q4 [1] Market Impact - The liquidation cascade indicates a major disruption in the crypto markets, suggesting heightened volatility and risk [1] - The decision to hold cash reflects a cautious approach amidst uncertain market conditions [1] Fund Strategy - Round13 Capital's move to an all-cash position signifies a strategic pivot in response to market dynamics [1] - This decision may influence investor sentiment and strategies in the broader investment landscape [1]

Core Insights - The cryptocurrency market experienced a significant downturn following U.S. President Donald Trump's threats of new trade tariffs on China, leading to widespread investor concern and a sharp decline in prices [1][2]. Market Performance - Bitcoin's price fell from over $121,000 in the morning to below $106,000 by the afternoon [2]. - Ethereum dropped from $4,300 to under $3,600, while altcoins like Dogecoin and Cardano saw daily dips of up to 40% before partially recovering [3]. Liquidation Events - A record $19 billion worth of crypto positions were liquidated within 24 hours, primarily affecting long positions, which accounted for nearly $17 billion [4][5]. - This liquidation event is noted as the largest in crypto history, with over 1.6 million traders affected [6]. Recovery and Current Status - Following the initial plunge, Bitcoin is currently down nearly 8% at just above $112,000, while Ethereum shows a 12% loss at $3,816 [7]. - Predictions indicate a continued volatile weekend for Bitcoin, with a 56% chance of further declines before Monday [8].