James Wynn (@JamesWynnReal) was fully liquidated shortly after claiming 1,389.31 $USDC in referral rewards and opening a 40x short position on 1.1482 $BTC, with a liquidation price set at $67,575.89. This event underscores the risks associated with high-leverage trading, especially as Bitcoin’s recent volatility has led to the liquidation of many short positions during market fluctuations.
Bitcoin experienced a significant 50% plunge, yet many investors remain unfazed, viewing market downturns as opportunities rather than setbacks. This resilience can be attributed to the cryptocurrency network’s continued ability to efficiently process transactions during […]
This week, the Federal Reserve is set to inject $18.5 billion into the financial system, marking the fourth largest liquidity injection since the COVID-19 pandemic and surpassing amounts seen during the Dot Com bubble peak. […]
The recent decline of cryptocurrency prices to $60,000 has placed significant psychological pressure on steadfast investors, akin to the effects of the May 2022 LUNA crash. In both situations, the 7-day Exponential Moving Average (EMA) […]