The bassist bets in the main tokens lost almost $ 600 million on Sunday, since the merchants were caught after the announcement of President Donald Trump of an American strategic reserve for several tokens.
On Sundays they are generally marked with relatively lower liquidity, which makes unusually high price jumps, since relatively less money is needed to move the assets. The Cardano Ada increased 60% in the last 24 hours, with Sol XRP and Solana by 25% and Bitcoin (BTC) higher by 9%.
BTC-Tracken futures assumed more than $ 344 million in long and short losses, which carries losses in the market, followed by $ 170 million in liquidations in future tracks by ETH.
The follow -up of future Ada, XRP and Sol registered more than $ 70 million in settlements each, its highest levels of this type since September 2024, as shown by the caramel data.
The liquidations occur when an exchange closes the leverage position of an operator due to a partial or total loss of the initial margin of the operator. It occurs when a merchant cannot meet the margin requirements for an leverage position, that is, it does not have enough funds to maintain open trade.
Unusually high liquidations can be used at confluence with other market indicators in commercial strategies. Assets can be considered excessively casual and mature for a reversal or profit taking, which makes it a set of data contrary to consider.
As such, the open interest (or the amount of unstable futures bets) has increased up to 40% higher for XRP, ADA and Sol, since operators expect volatility to continue even more.
Bitcoin (BTC) approached more than $ 93,000 in the first Asian hours on Monday, reversing a part of last week’s losses when it fell to only $ 83,500 in winds against macroeconomic as US rates and strength in Yen and gold refuge assets.
Some expected the largest cryptocurrency to fall in the mid -price levels of $ 70,000, with an increase in short operations and open interest with a bias to the disadvantage.
But Trump’s comments have brought bullish expectations, at least in the short term, although merchants remain cautious of a continuous demonstration until the reverse plans are more concrete. As such, BTC plays at the level of $ 100,000 returns by demand, as an early Coindesk analysis pointed out on Monday.
