BTC -0.5% · ETH -1.3% · SOL -3.2% · $124M liquidated (64% longs) · top mover WLFI +8%
The day began with a subtle tick down for Bitcoin, a mere -0.5% dip that should have been a gentle wake-up call for the longs. But, oh, what followed was a slapstick brawl between bulls and bears, with the bears slipping on a banana peel of liquidations. A whopping $124M was wiped out, with 64% of those losses belonging to the longs, the most-liquidated coin being none other than Bitcoin. Amid the chaos, other coins danced to their own beats: WLFi soared by 8%, XMR gained 5%, and RAIN pranced up 3%. On the other hand, WLD took a 13% hit, NEAR slid 8%, and HYPE stumbled 8%. Amid the market mayhem, Grayscale pondered whether Bitcoin was cheap yet, while CME Group launched crypto index futures, and Lava Network tokenized a Caribbean project. In the end, the bears got their revenge.