Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs – CoinDesk

Cryptocurrency tracking futures, like Bitcoin, have accumulated over $550 million in losses in the past 24 hours (Bitcoin) It soared from the $68,000 level and then fell sharply, creating volatile price action that stunned bulls and bears alike. Bitcoin and Ether (Ethereum) The multi-catalyst euphoria continued into its second week, briefly inching above $68,500 and […]
Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations – CoinDesk

Later price changes series of false tweets Approximately $90 million worth of Bitcoin leaked from U.S. Securities and Exchange Commission (SEC) X account (Bitcoin) Long and short positions will be liquidated, exposing the operational risks associated with the industry. hacker Caught SEC's X account On Tuesday, it used that to post its approval of the […]
Tellor's TRB liquidations soar to $70m amid market manipulation concerns – crypto.news

The whale allegedly wiped out both long and short positions in TRB, causing the token price to plummet from $600 to $135 in a matter of hours. On January 1, Teller's native token, TRB, suffered a staggering 70% drop from its all-time high of $600 on that day, according to data from CoinGecko. Market turmoil […]