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A spike in upside liquidity suggests that Bitcoin (BTC) may be positioning for another short squeeze.  Trading above $116,506 at the time of writing, Bitcoin faces nearly $18 billion in leveraged short positions, with the heatmap showing a liquidation zone near $120,000, according to CoinGlass data gathered on August 7.  The chart below pinpoints the regions with the highest density of leveraged short positions and highlights the zones most prone to liquidation. More precisely, the steepening green curve on the right visualizes where short sellers face the greatest risk of being wiped out. BTC exchange liquidation map. Source: CoinGlass The data shows a sharp uptick in the curve just above the $119,000 level, after which a dense concentration of leveraged short positions clearly appears. What that means is that if Bitcoin begins to push toward that zone, we might see a chain reaction trapping late short sellers and potentially driving the price even higher...

Today, February 13, 2025, the cryptocurrency market is bustling with activity as many digital assets pique the interest of investors and enthusiasts alike. WOO Network, Floki Inu, Lido DAO, and Sui Crypto are some of the top gainers. Each initiative has distinct value propositions, which contribute to their growing popularity. Biggest Crypto Gainers Today- Top List WOO Network is making waves by enhancing liquidity and trading efficiency across various exchanges. Floki Inu, inspired by Elon Musk’s Shiba Inu dog named Floki, has evolved beyond its meme coin origins. By offering liquid staking solutions, Lido enables users to stake their assets while maintaining liquidity through derivative tokens, enhancing capital efficiency and flexibility. Meanwhile, Sui Crypto is tackling scalability and performance issues in the blockchain realm. Are these top crypto gainers today poised to shape the future of the crypto market?  1. WOO Network (WOO) WOO Network aims to tackle...

Holders of FTX’s FTT will be allocated 0.35% of the new Pudgy Penguins token PENGU, according to the NFT project’s distribution plan.  Pudgy Penguins announced the launch of PENGU early on Friday. A total of 88 billion tokens will distributed, with 17.8% allocated to the project’s team, 25.9% to NFT holders, and 12.35% to liquidity.  FTT holders will receive a share of 308 million tokens. Since the announcement, FTT rose by 7.7% to $3.75 before falling back to $3.39. However, roughly 13 hours beforehand, it had climbed 40%.  X user @DarkCryptoLord claims this pre-pump was a sign that “ someone’s committing crime in broad daylight ” and accused the Pudgy Penguins team of insider trading.  FTT holders??? Wow congrats for that insider trading pic.twitter.com/VeycGB8Ouh — Dark Crypto Larp (@DarkCryptoLord) December 6, 2024 @DarkCryptoLord believes FTT’s price action 13 hours before PENGU’s launch is a sign of insider trading. Read more...

Since Bitcoin (BTC) reached new all-time highs earlier this year, traders have wondered how far BTC can go. In this context, a Bitcoin trader revealed his exit strategy for the leading cryptocurrency, which involves selling to retail investors. The trader’s account goes by the alias Wolf ( @IamCryptoWolf ) on X and has recently shown skepticism over Bitcoin price predictions. In particular, Wolf has criticized PlanB ‘s $500,000 per BTC forecast, which has been massively reproduced by influencers. According to the trader, retail investors will “FOMO” into Bitcoin as the price surpasses $130,000, following higher expectations ($500,000). Notably, this is when Wolf says he will start selling, using retail traders as exit liquidity to book profits. Picks for you Solana price prediction as new update changes network fe...