Altcoin holders reap massive unrealized gains amid market surge
In a recent social media post on X (formerly known as Twitter), Santiment, a prominent blockchain analytics firm, underscored the substantial unrealized gains accruing to altcoin holders amidst weeks of explosive price action across various cryptocurrencies. While acknowledging the remarkable profitability for most crypto projects since mid-October 2023, Santiment cautioned investors about potential overbought levels, […]
Market turbulence hits crypto traders with over $190M in liquidations
Crypto markets experienced a significant downturn in the past 24 hours, resulting in a massive liquidation of leveraged positions, with altcoins taking the brunt of the losses. High funding rates, low liquidity, and news of repayments to the 2014 Mt.Gox hack victims triggered this unexpected event. In the futures market, traders betting on higher prices […]
