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3 Altcoins Facing Liquidation Risks in the Third Week of December
Yahoo Finance· 2025-12-15 17:12
Core Viewpoint - The crypto market sentiment remains dominated by fear, particularly affecting short positions, but specific altcoins like Solana (SOL) and Cardano (ADA) have catalysts that could lead to short liquidations. Group 1: Solana (SOL) - The potential liquidation volume of short positions for SOL is twice that of long positions, indicating a significant risk for short traders [1] - If SOL rises to $147, short traders could face losses of up to $1 billion, while a drop below $120 could lead to long liquidations of around $500 million [2] - SOL ETFs have seen seven consecutive days of positive inflows, with the Bitwise SOL ETF maintaining positive inflows for 33 days and holding over $600 million worth of SOL, suggesting strong institutional demand [3] - SOL has established strong support around the $130 level, and positive news regarding XRP's DeFi expansion on Solana has improved market sentiment, providing grounds for a potential recovery [4] Group 2: Cardano (ADA) - Negative market sentiment has led to increased capital allocation and leverage on short positions among ADA derivatives traders, raising the total short liquidation volume [5] - If ADA rises to $0.45, short positions could incur losses of up to $50 million, while a drop to $0.35 could result in long liquidations of approximately $19.5 million [5] - Positive sentiment surrounding the Midnight project, a new blockchain focusing on privacy through zero-knowledge proof technology, is a key factor for ADA short traders to consider [6] - The NIGHT token associated with the Midnight project has surged over 150% in the past week, driving demand for ADA, with DEX trading volume exceeding 85 million ADA in the last five days [7]
X @OKX
OKX· 2025-12-11 17:31
Partnership & Promotion - Collaboration with @MidnightNtwrk & @humidifi for a Trade-&-Earn event [1] - Offering 10 Million NIGHT tokens, 2.5 Million WET tokens, and 60 Thousand USDT for farming [1] Incentive Program - A total of 10 Million NIGHT + 2.5 Million WET + 60 Thousand USDT are available to be earned [1]
X @Binance Wallet
Binance Wallet· 2025-12-11 10:41
Join the #Binance NIGHT Trading Competition and Deposit Campaign now!🔸 Trade and deposit NIGHT with $2.5M worth of rewards up for grabs🔍 Only cumulative purchases count during the Trading Competition. Selling is excluded.🔍Deposit Campaign Rewards given on a first-come, first served basis!Don’t miss out 👇https://t.co/vdzCocbbOt ...
ADA Price Jumps 10% as Hoskinson Praises Cardano Midnight Launch
Yahoo Finance· 2025-12-10 12:11
Core Insights - Cardano's native cryptocurrency ADA has seen a significant price increase of 10% in the last 24 hours, currently trading at $0.47, driven by positive market sentiment and the launch of the Cardano Midnight privacy network [1][2][5] Price Movement and Trading Volume - The recent 10% increase in ADA's price is accompanied by a remarkable 150% surge in daily trading volume, reaching $1.58 billion, indicating strong bullish sentiment among traders [2] - The breakout from a descending resistance line suggests a potential further increase of 56% in ADA's price, targeting $0.67 [3] Technical Analysis - Cardano's 4-hour chart shows a bullish inverse head-and-shoulders formation, supported by momentum indicators that suggest continued upward movement [3] - The MACD line crossing above the signal line reinforces the positive outlook for ADA's price [3] Breakout Confirmation and Price Targets - A confirmed breakout above the neckline of the inverse head-and-shoulders pattern could lead to initial price targets of $0.48 and $0.52, aligning with broader bullish projections [4] - A recent allocation of 70 million ADA from Cardano's treasury by core contributors may further support the price rally [4] Cardano Midnight Launch - The launch of Cardano Midnight, a zero-knowledge privacy network, has reached 1 million mining addresses and is considered a significant milestone by founder Charles Hoskinson [5] - Midnight's native token, NIGHT, has begun trading on major exchanges and has seen a price increase of 97%, with daily trading volumes surging over 700% [6]