Digital Asset Anti-Money Laundering Council (DAAMC) Launched with Support from the Hong Kong…
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Ethereum captures 40% of futures market as Bitcoin loses speculative momentum
Ethereum’s recent rally against Bitcoin appears to be gaining further strength, with derivatives data signaling a notable change in market sentiment. On July 29, blockchain analytics firm Glassnode revealed that Ethereum’s share of open interest in the perpetual market has climbed to nearly 40%. This marks the highest level recorded since April 2023. Historically, only…
Market saw $449M in liquidations as ETH dropped nearly 6%
The crypto market saw heavy liquidations totaling $449.11 million, with the overwhelming majority coming from longs. Out of this figure, $362.34 million came from longs and just $87 million from shorts, showing that most traders were positioned for the upside. Bybit and Binance dominated activity, accounting for $166.53 million and $140.36 million in liquidations, respectively,…
