📊 Crypto Market 2H Update |
Market cap is now at $2.86T, down approximately -1.48%. BTC Dominance has increased to 58.48%–58.7%, meaning capital flow is moving toward BTC while pressure on alts is increasing.
🔥 Liquidations:
In the last 1H, $32.28M was liquidated, of which 98% were longs. 24H liquidations are around $140M. Due to the long-heavy liquidation, a significant amount of leverage has already been washed out.
🐋 Whale Activity:
• A BNB whale deposited 141,835 BNB (~$35M) on Binance.
• One whale transferred 302 BTC to Binance.
• A dormant whale from 8 years ago moved ~$250M worth of BTC.
• On the other side, whale accumulation in $HYPE has reached ~$400M.
⚠️ Important:
A divergence is forming due to selling in the spot market and heavy buying in futures. HYPE's OI is at an $18B ATH, so both volatility and liquidation risk are high.
🐻 Whale Positioning:
Whales' futures books are showing 52%+ shorts, with reported losses also being significant. If BTC holds the $83.1K–$83.5K area, a possible short-squeeze zone toward $84.5K–$85.5K could form.
🔻 However, if BTC loses support and the exchange deposits turn into selling, downside pressure toward the $82K area could emerge.
🚀 $QNT is completely decoupling from the market and showing a strong pump due to banking/tokenization-related news. The impact of this move on infrastructure/ISO-related coins such as $XRP and HBAR is also worth watching.
Overall: The market is currently in a high-volatility zone. BTC dominance is strong, alts are under pressure, and due to whale positioning, an aggressive move in either direction is possible. DYOR. 📈📉
#BTC #ETH #QNT #HYPE #CryptoMarket
Market cap is now at $2.86T, down approximately -1.48%. BTC Dominance has increased to 58.48%–58.7%, meaning capital flow is moving toward BTC while pressure on alts is increasing.
🔥 Liquidations:
In the last 1H, $32.28M was liquidated, of which 98% were longs. 24H liquidations are around $140M. Due to the long-heavy liquidation, a significant amount of leverage has already been washed out.
🐋 Whale Activity:
• A BNB whale deposited 141,835 BNB (~$35M) on Binance.
• One whale transferred 302 BTC to Binance.
• A dormant whale from 8 years ago moved ~$250M worth of BTC.
• On the other side, whale accumulation in $HYPE has reached ~$400M.
⚠️ Important:
A divergence is forming due to selling in the spot market and heavy buying in futures. HYPE's OI is at an $18B ATH, so both volatility and liquidation risk are high.
🐻 Whale Positioning:
Whales' futures books are showing 52%+ shorts, with reported losses also being significant. If BTC holds the $83.1K–$83.5K area, a possible short-squeeze zone toward $84.5K–$85.5K could form.
🔻 However, if BTC loses support and the exchange deposits turn into selling, downside pressure toward the $82K area could emerge.
🚀 $QNT is completely decoupling from the market and showing a strong pump due to banking/tokenization-related news. The impact of this move on infrastructure/ISO-related coins such as $XRP and HBAR is also worth watching.
Overall: The market is currently in a high-volatility zone. BTC dominance is strong, alts are under pressure, and due to whale positioning, an aggressive move in either direction is possible. DYOR. 📈📉
#BTC #ETH #QNT #HYPE #CryptoMarket