Decred rose 11% to $25, as buyers stepped in with conviction and bought the dip.
Russia’s central bank is reassessing the creation of a state-backed stablecoin in light of global trends. Global regulations and digital sovereignty concerns are influencing Russia’s updated approach to stablecoins. Continue Reading: Russia Rethinks Stablecoin Strategy as Global Financial Landscape Shifts The post Russia Rethinks Stablecoin Strategy as Global Financial Landscape Shifts appeared first on COINTURK NEWS .
Although ZEC reached $279.89 with a strong rise in the last 24 hours, it remains under sideways trend and bearish Supertrend pressure. Critical resistances at $281-305 will be tested, with the BTC ...
Bitcoin will become “more valuable than ever” after deflation stops covering “up the impact" on the US dollar, according to Bitcoin entrepreneur Anthony Pompliano.
From stablecoins to RWA: Arbitrum's long-term strategy in focus.
SUI is showing short-term recovery within the downtrend, RSI oversold and MACD bullish. Critical levels $0.9523 support, $0.9853 resistance; BTC bearish correlation risky.
BitcoinWorld Crypto Futures Liquidations: A Staggering $198 Million Purge Shakes Markets Global cryptocurrency markets witnessed a significant deleveraging event on March 15, 2025, as over $198 million in futures positions faced forced liquidation within a single 24-hour period. This substantial crypto futures liquidations event, primarily impacting Bitcoin, Ethereum, and Solana, highlights the persistent volatility and high-risk nature of leveraged derivatives trading. Market data reveals a clear pattern of short sellers bearing the brunt of the losses, suggesting a coordinated or catalyst-driven price surge caught many traders off guard. Breaking Down the 24-Hour Crypto Futures Liquidations The recent cascade of liquidations provides a clear snapshot of market stress. Analysts compile data from major exchanges like Binance, Bybit, and OKX to estimate total volumes. Consequently, the figures represent the nominal value of positions automatically closed by exchanges when traders’ margin balances fall below maintenance requirements. The dominance of short liquidations—where traders betting on price declines are forced to exit—typically indicates a strong, sustained upward price movement that triggers margin calls. Specifically, the data shows a pronounced skew: Bitcoin (BTC): $116 million liquidated, with a staggering 91.9% of these being short positions. Ethereum (ETH): $66.17 million liquidated, comprising 83.13% shorts. Solana (SOL): $16.74 million liquidated, where shorts accounted for 93.3% of the total. This pattern is not random. Historically, such lopsided liquidation events often follow major news announcements, technical breakouts, or large institutional buy orders that rapidly shift market sentiment. For instance, the recent approval of a new spot Ethereum ETF in a major jurisdiction or a surprise macroeconomic policy shift could serve as the catalyst. The Mechanics and Impact of Futures Liquidations Understanding the mechanics behind these numbers is crucial. Perpetual futures contracts, or “perps,” allow traders to use leverage, amplifying both gains and losses. Exchanges set liquidation prices based on a trader’s leverage and collateral. When the market price hits this level, the exchange automatically closes the position to prevent negative equity. This process can create a feedback loop: as large positions get liquidated, the resulting market sell or buy orders can push prices further, potentially triggering more liquidations—a phenomenon known as a “liquidation cascade” or “long/short squeeze.” Expert Analysis on Market Structure Market structure experts point to funding rates as a key pre-indicator. Perpetual futures use a funding rate mechanism to tether the contract price to the spot price. Persistently negative funding rates often signal that a majority of traders are short, paying a fee to longs. This creates a “crowded trade” scenario. When the market then rallies, these shorts are forced to buy back the asset to close their positions, fueling the rally further and creating a powerful short squeeze. The extreme ratios seen in the recent data—over 90% for BTC and SOL—strongly suggest such an event occurred. Furthermore, the total open interest (OI) across these markets provides context. A $200 million liquidation during a period of high OI may have a less dramatic price impact than the same amount during low liquidity. Analysts cross-reference liquidation data with OI charts and price charts to assess whether the event was a primary driver of movement or merely a symptom of a larger trend. Historical Context and Comparative Analysis To gauge the scale of this event, a comparative view is essential. While $198 million is significant, it pales in comparison to historical liquidation events. For example, during the market downturn of May 2021, single-day liquidations exceeded $10 billion. Similarly, the collapse of the Terra ecosystem in May 2022 triggered multi-billion dollar liquidation waves. The recent event, therefore, represents a moderate deleveraging within a normalized market cycle rather than a systemic crisis. The table below provides a quick comparison of recent notable liquidation events: Date/Event Approx. Total Liquidations Primary Catalyst May 19, 2021 $10+ Billion China regulatory crackdown May 12, 2022 (LUNA/UST) $2.5+ Billion Algorithmic stablecoin depeg March 15, 2025 (This Event) $198 Million Short squeeze on positive news flow This context is vital for investors. It demonstrates that while liquidations cause short-term volatility, the current market infrastructure appears more resilient than in past cycles, potentially due to better risk management tools and more distributed liquidity. Risk Management Lessons for Traders The data serves as a stark reminder of the risks inherent in leveraged futures trading. Professional traders emphasize several key strategies to mitigate liquidation risk. First, using lower leverage multiples reduces the proximity of one’s liquidation price to the entry price. Second, maintaining a healthy margin balance above the minimum requirement provides a buffer against normal volatility. Third, employing stop-loss orders at a strategic, pre-defined level can allow for a more controlled exit before an automatic liquidation is triggered. Additionally, monitoring aggregate market data is crucial. Tools that track estimated liquidation levels across price points—often called “liquidation heatmaps”—show where clusters of stop-loss and liquidation orders reside. A price movement into a dense cluster can signal heightened risk of a volatile squeeze. Savvy traders use this information to adjust positions or set alerts. Conclusion The recent 24-hour crypto futures liquidations event, totaling nearly $200 million, underscores the dynamic and often unforgiving nature of cryptocurrency derivatives markets. The overwhelming dominance of short position liquidations across Bitcoin, Ethereum, and Solana points to a coordinated market move that squeezed over-leveraged bears. While the scale is moderate compared to historical extremes, it provides a critical case study in market mechanics, leverage risk, and trader psychology. For the ecosystem, such events are a natural part of price discovery and deleveraging. For individual participants, they reinforce the paramount importance of disciplined risk management when navigating the volatile world of crypto futures. FAQs Q1: What causes a crypto futures liquidation? A1: A liquidation occurs when a trader’s position is automatically closed by the exchange because their margin balance has fallen below the required maintenance level due to adverse price movement. This happens to prevent the account from going into negative equity. Q2: Why were most of the recent liquidations short positions? A2: A high percentage of short liquidations typically indicates a strong, rapid price increase. Traders who borrowed and sold an asset, betting on a price drop (going short), were forced to buy it back at a higher price to close their positions as the market moved against them, triggering margin calls. Q3: Are liquidation events like this bad for the overall crypto market? A3: Not necessarily. While they cause short-term volatility and pain for affected traders, liquidations are a mechanism that manages systemic risk by closing underwater positions. They can help reset over-leveraged market conditions and contribute to healthier price discovery in the long run. Q4: How can I check live liquidation data? A4: Several cryptocurrency data analytics websites, such as Coinglass, provide real-time and historical liquidation data across multiple exchanges. These platforms aggregate information to show total liquidations, long/short ratios, and liquidation heatmaps. Q5: What is the difference between a liquidation and a stop-loss? A5: A stop-loss is a voluntary order set by a trader to sell an asset at a specific price to limit losses. A liquidation is an involuntary, forced closure executed by the exchange when a trader’s collateral is insufficient. A stop-loss gives control to the trader; a liquidation is a protocol action. This post Crypto Futures Liquidations: A Staggering $198 Million Purge Shakes Markets first appeared on BitcoinWorld .
XLM'de downtrend hakimiyeti altında kısa vadeli toparlanma riskli; stop loss 0.1644$ altına yerleştirilmeli. Bitcoin downtrend'i altcoinleri baskılıyor, sermaye korunması için pozisyon boyutu %1 ri...
Even as Bitcoin (BTC) struggles with weak price performance and heightened volatility over the past month, Brazil’s House of Representatives is signaling a markedly different long‑term outlook. Lawmakers are once again exploring the creation of a national Bitcoin reserve that could eventually hold as many as 1 million BTC. Brazil’s Bitcoin Reserve Proposal The renewed push comes through Bill No. 4,501 of 2024, which lays out the framework for establishing what would be called the Sovereign Strategic Reserve of Bitcoins, or RESBit. The proposal seeks to formally integrate Bitcoin into Brazil’s broader financial strategy, positioning the cryptocurrency as a component of the country’s national reserves. The initiative is associated with Federal Deputy Luiz Gastão, while the bill itself is authored by Federal Deputy Eros Biondini. Lawmakers argue that holding BTC could help shield Brazil’s international reserves from currency volatility and geopolitical risks. In addition, the reserve would support the development and credibility of Brazil’s central bank digital currency (CBDC), the Digital Real—also known as Drex—by providing an additional layer of backing. The proposal sets a clear limit on the scale of the initiative. RESBit would be capped at up to 5% of Brazil’s international reserves, and any purchases would be carried out gradually under a structured acquisition plan. The bill emphasizes that the program must adhere strictly to the country’s Fiscal Responsibility Law, ensuring that Bitcoin purchases do not jeopardize public accounts or fiscal stability. Broader Blockchain Strategy The Bitcoin bill also proposes the formation of a specialized advisory committee composed of experts in digital economy, blockchain technology , and cybersecurity. It also allows for the creation of inter‑institutional working groups to coordinate implementation and oversight. But beyond reserve management, the proposal outlines broader measures designed to strengthen Brazil’s digital asset ecosystem. The text envisions educational initiatives and workforce training programs focused on blockchain and digital security, including the training of public servants. It also encourages the development of startups in the crypto and blockchain sectors and calls for investment in robust technological infrastructure to support innovation and secure operations. Supporters of the bill argue that the concept draws on international precedents. The author cites examples such as El Salvador, the United States, China, Dubai, and the European Union, where governments have incorporated cryptocurrencies or blockchain technology into public policy in varying ways. According to the proposal’s rationale, integrating digital assets into national strategies can promote financial inclusion, attract investment, strengthen technological capabilities, and offer additional protection against exchange‑rate shocks. The bill’s backers also point to Brazil’s strong domestic adoption of cryptocurrencies as a foundation for leadership in the region. They contend that a strategic Bitcoin reserve could position the country at the forefront of digital finance in Latin America. As of this writing, BTC has surged to the upper limit of its consolidation range, reaching $69,000. It has registered gains of 5% within the last 24 hours. Featured image from OpenArt, chart from TradingView.com
On-chain data shows the Bitcoin Net Unrealized Profit/Loss (NUPL) has plunged recently. Here’s what this could mean for the cryptocurrency. Bitcoin NUPL Has Dropped To The 0.18 Level In a new post on X, o-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin NUPL, which is an indicator that compares the amount of unrealized profit and loss held by investors on the BTC blockchain. The metric works by going through the transaction history of each token on the network to find the price at which they were last involved in a transfer. If this previous selling price is greater than the current spot price for any coin, then that particular token is assumed to be carrying some net unrealized profit. Similarly, the cost basis being lower implies the token is underwater. Related Reading: Bitcoin On-Chain Heatmap Shows All Major Metrics In The Red The exact amount of profit/loss held by a coin is equal to the difference between the two prices. The NUPL sums up this value for each category and then subtracts it to determine the net situation for the network. Additionally, it also divides the result by the market cap to showcase how the net profit/loss among investors looks relative to the asset’s total valuation. Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin NUPL over the last few years: As displayed in the above graph, the Bitcoin NUPL shot up above the 0.5 level during the rallies in 2024 and 2025. This suggests that investors were carrying net profits more than half as much as the cryptocurrency’s market cap. These phases of euphoria were followed by price declines that took the metric into the zone between 0.25 and 0.5. BTC managed to recover from the first two of these drops, but the latest one has been followed by an extended phase of downtrend. From the chart, it’s visible that this bearish action has taken the cryptocurrency to a value of 0.18. This level indicates that profits are still dominant on the network, but they are much thinner than before. The level lies inside a region that the analytics firm defines as pertaining to “hope/fear” among the investors. “This regime tends to be reactive: rallies meet sell pressure, and downside can extend as conviction fades,” explained the analytics firm. The last time that the Bitcoin NUPL saw a substantial drawdown into the region was during the 2022 bear market. Back then, the cryptocurrency ended up traveling right through the zone and into the extreme fear area below the zero level, corresponding to net losses being held by the majority of investors. Related Reading: Shiba Inu At Risk of 70% Decline? Price Breaks Below Parallel Channel It now remains to be seen how long the cryptocurrency will stay in the region for this time around and which one will follow next. BTC Price Bitcoin dropped toward $65,000 on Thursday, but the asset has kicked back up to $69,000 on Friday. Featured image from Dall-E, chart from TradingView.com