Bitcoin News Update: Despite $2.95 Billion in Crypto Liquidations, Blazpay's Presale and Chainlink Partnerships Stand Strong Against Market Volatility
- Crypto markets saw $2.95B in 24-hour liquidations, led by a $6.09M ETH-USD unwind on Hyperliquid, per Coinotag. - 140,507 traders faced margin calls, with short positions dominating losses amid Bitcoin/Ethereum price declines. - Blazpay's $925K presale and Chainlink's institutional partnerships offered rare stability during the sell-off. - $77.5M long liquidations and $15.3M short liquidations in 4 hours highlighted leveraged position fragility. - Analysts warn high-liquidity venues like Bybit/Hyperliqui
In late October 2025, the cryptocurrency market witnessed a significant spike in liquidations, with more than $2.95 billion in leveraged positions erased within just 24 hours, as reported by
This wave of liquidations happened alongside mixed signals from the wider crypto landscape. For the first time in several weeks,
Chainlink (LINK) demonstrated strength despite the broader downturn. Collaborations with major organizations such as ANZ, China AMC, and Fidelity International have broadened its practical applications, while derivatives data from Coinglass pointed to a bullish sentiment, according to an
The recent liquidation figures underscore the vulnerability of leveraged positions in the crypto sector. In the last four hours alone, $77.5 million in long positions and $15.3 million in shorts were liquidated, with Bybit’s BTCUSD pair seeing the largest single liquidation at $11 million, according to a
As these trends unfold, investors are paying close attention to ETF inflows and the pace of institutional involvement. The balance between speculative activity and underlying growth is expected to shape the next stage of the 2025 crypto market cycle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace
Bitcoin News Today: MicroStrategy's Cryptocurrency Gamble: Software Profits Face Off Against Bitcoin Price Swings
- MicroStrategy reported mixed Q3 results with $8.42 EPS (below estimates) but $128.69M revenue (above estimates), driven by 62.9% software revenue growth. - CEO Phong Le reaffirmed $70.9B Bitcoin portfolio (640,808 coins) and 2025 targets of $20B Bitcoin gains, contingent on $150K BTC price by year-end. - $20B year-to-date capital raises via preferred shares (STRK/STRF) and B- credit rating highlight aggressive crypto strategy amid Bitcoin's $125K price drop from October peak. - Analysts remain divided: Z
Ethereum News Today: PeerDAS by Ethereum: A Scalability Booster Set to Rival Solana
- Ethereum developers set Fusaka upgrade for Dec 3, 2025, after successful testnet phases, introducing PeerDAS to boost scalability by 400%. - PeerDAS enables layer-2 cost reduction by verifying data samples, aiming to support 2.4M daily transactions and challenge high-throughput blockchains. - Testnets on Holesky/Sepolia/Hoodi confirmed readiness; delayed from Pectra upgrade to ensure stability, with 2026's Glamsterdam targeting faster block times. - Market reactions mixed: ETH price rose 7.5% to $4,229,
XRP News Today: Crypto Investors Weigh XRP’s Reliability Against BullZilla’s Risky Presale Opportunity
- XRP and BullZilla ($BZIL) lead crypto growth with XRP's 403% YTD surge to $2.60 and BullZilla's presale generating 2,639% ROI potential. - XRP gains institutional traction via Ripple's $156B market cap and cross-border utility, while BullZilla's automated price engine creates scarcity through 48-hour price hikes. - BullZilla's $960K presale with 31B tokens sold contrasts XRP's stability, offering high-risk/high-reward dynamics through liquidity locks and 70% APY staking. - SUI's $885M TVL and TRON's stab
