Bitcoin tops $120K, triggering $400M in liquidations
Key Takeaways
- Bitcoin surged past $120K, its highest since August, driving $400M in liquidations led by BTC and ETH.
- Seasonal trends show October averaging 21% gains, boosting bullish positioning.
Bitcoin climbed above $120,000 today, its highest level since early August, sparking nearly $400 million in liquidations over the past 24 hours. Data shows about $282 million came from short positions and $120 million from longs, with Bitcoin and Ethereum leading the wipeouts.
The largest crypto asset by market cap has gained more than 7% since the start of the week. Traders are closely watching Q4 performance, as October has historically been one of Bitcoin’s strongest months, averaging a 21% return. Market participants are positioning to see whether the current uptrend can extend into the final quarter.
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
ZEC Falls by 2.16% as Traders Adjust Short Positions During Market Fluctuations
- ZEC fell 2.16% to $352.42 on Dec 6, 2025, despite a 526.09% annual gain, highlighting its extreme volatility. - Hyperliquid's $14.1M ZEC short position, averaging $412 entry, shows shrinking profits as prices rise toward breakeven. - Broader bearish activity includes ETH and MON shorts with $6.22M and $2.26M unrealized gains, reflecting active market positioning. - Traders adjust exposure amid ZEC's 17.68% monthly drop and 2.43% weekly rise, signaling cautious strategy shifts in volatile crypto markets.
The Growing Popularity of Momentum ETFs Amid Market Volatility: Tactical Portfolio Allocation and Optimizing Risk-Adjusted Performance in 2025
- Momentum ETFs surged 74.8% in 2023 and 72.7% in 2024 but faced a 4.3% average loss in 2025 amid volatility and macroeconomic uncertainty. - Quality/value ETFs like QUAL and AVUV showed greater resilience during downturns, contrasting momentum strategies' lack of defensive characteristics. - 2025 market shifts highlighted risks of overvaluation in momentum sectors, with tech indices diverging from economic fundamentals. - Strategic diversification through hedging (VIXY/UVXY), alternative assets (VTIP), an
The Unexpected Rise of the MMT Token: Reflecting Speculative Trends in an Evolving Cryptocurrency Market
- MMT token's 1,330% surge post-Binance listing and 77.82% correction highlight speculative volatility in a maturing crypto market driven by institutional adoption and macroeconomic factors. - Institutional participation and regulatory clarity, like ETF approvals, have shifted market dynamics, balancing speculative fervor with macroeconomic caution. - MMT's governance incentives and liquidity mechanisms contrast with Solana and Avalanche's ecosystem-driven growth, exposing risks of speculative altcoin stra
The Emergence of MMT Token TGE: Ushering in a New Era for Digital Finance?
- Momentum Token's TGE (MMT) surged 800% post-launch, reaching $5.18B market cap on Sui blockchain with ve(3,3) governance. - Volatile price swings (47% drop to $2.54) highlight risks, but buybacks and CLMM DEX innovations show technical resilience. - Sui's low-cost DeFi ecosystem (25B TVL) and MiCAR/GENIUS regulatory alignment position MMT as a bridge for institutional adoption. - Cross-border regulatory divergence between U.S. and EU frameworks complicates global scaling despite 47% institutional interes
Trending news
MoreCrypto prices
More
