Bitcoin (BTC) recently experienced a significant volatility event that resulted in the erasure of a massive $240,000,000 liquidation cluster, fundamentally resetting the derivatives market. This major price swing is being widely characterized by analysts as an engineered &#8220;fakeout&#8221; or stop-hunt designed to clear over-leveraged positions before the asset establishes its next major trend. Liquidity Swept &hellip; 
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Bitcoin (BTC) recently experienced a significant volatility event that resulted in the erasure of a massive $240,000,000 liquidation cluster, fundamentally resetting the derivatives market. This major price swing is being widely characterized by analysts as an engineered "fakeout" or stop-hunt designed to clear over-leveraged positions before the asset establishes its next major trend.<h2>Liquidity Swept on Both Sides</h2>[embed]https://www.twitter.com/coinglass_com/status/1983351641672933730[/embed]Liquidation heatmaps—tools used to visualize price levels where large amounts of leveraged positions would be forcibly closed—showed massive clusters of open interest around $111,000 on the downside (targeting longs) and $117,000 on the upside (targeting shorts). The market's movement effectively swept both bands. BTC was first severely rejected near the $117,000 level, triggering a cascading liquidation of overconfident long positions as the price dropped. It then swiftly reversed, liquidating late-entry short positions on the way back up.<h2>Market Clean-Up and Reset</h2>This $240 million liquidation purge served as a crucial "market clean-up." The dramatic price action, characteristic of a liquidity sweep, eliminated fragility in the system caused by excessive leverage. Following the event, key technical indicators confirm a market reset. <a href="https://www.cryptoknowmics.com/news/first-bitcoiner-in-space-condemns-controversial-bip-444-as-a-bad-idea/">Bitcoin</a> is currently trading between the $113,000 and $114,000 range, holding above its 200-day Exponential Moving Average (EMA), a critical structural support level.The decrease in open interest and leverage has paved the way for a more stable advance, contingent on the resumption of spot buying pressure. With speculative excess largely eliminated, the next significant resistance and liquidity pocket is projected between $120,000 and $125,000. Conversely, failure to hold above $112,000 could lead to a retest of the $108,000 range.

Bitcoin Sees $240M Liquidation Cluster Wiped Out in Market 'Fakeout'

Ripple’s native token, XRP, has recently experienced an extreme liquidation imbalance of 8,782% over a 24-hour period, a move that highlights the current fragility of bullish sentiment in the market. This staggering figure means that a disproportionately high number of leveraged long positions were liquidated compared to short positions. This kind of overwhelming imbalance typically &hellip; 
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Ripple’s native token, XRP, has recently experienced an extreme <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="nofollow noopener">liquidation</a> imbalance of 8,782% over a 24-hour period, a move that highlights the current fragility of bullish sentiment in the market. This staggering figure means that a disproportionately high number of leveraged long positions were liquidated compared to short positions. This kind of overwhelming imbalance typically occurs when a sudden price drop triggers a cascade of forced selling, as traders who were betting on a price increase with high leverage have their positions automatically closed by exchanges.<h2>Analyzing the Bearish Momentum</h2>The data from this liquidation imbalance paints a clear picture: bullish leverage on XRP has been largely wiped out. Such events are often a precursor to a period of consolidation or further price declines. The sell-off, which has led to this extreme imbalance, suggests that traders' expectations for a price rally were not met, causing a "self-fulfilling bearish spiral." As more leveraged long positions are liquidated, the downward pressure on the price intensifies, creating a challenging environment for bulls and reinforcing a short-term bearish outlook.<h3>What's Next for XRP?</h3>While a high liquidation imbalance is a short-term negative indicator, it can also have a more nuanced long-term effect. The liquidation of over-leveraged positions can effectively "cleanse" the market, removing weak hands and creating a potential vacuum for buyers to step in. For <a href="https://www.cryptoknowmics.com/news/barry-silbert-hails-grayscale-etf-with-xrp-exposure-as-groundbreaking/">XRP</a> to stage a rebound, it will need to find strong support from non-leveraged buyers who believe in its long-term value and utility. While the current data signals a bearish trend in the derivatives market, the response of spot traders in the coming days will be key to determining whether this volatility is a precursor to a deeper correction or a necessary reset before a new rally.

XRP Records Extreme Liquidation Imbalance, Signals Market Shift

The approval of a Dogecoin (DOGE) Exchange-Traded Fund (ETF) could be a game-changer for the popular meme coin. Following recent filings by asset management companies, market speculation has intensified, with some analysts predicting a significant price rally. The introduction of a DOGE ETF would open the door for increased institutional investment, providing a more accessible &hellip; 
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The approval of a Dogecoin (DOGE) Exchange-Traded Fund (ETF) could be a game-changer for the popular meme coin. Following recent filings by asset management companies, market speculation has intensified, with some analysts predicting a significant price rally. The introduction of a <a href="https://www.cryptoknowmics.com/news/dogecoins-price-targets-0-33-as-etf-hopes-build/">DOGE ETF</a> would open the door for increased institutional investment, providing a more accessible and regulated way for traditional finance players to gain exposure to the digital asset. This could inject new capital into the market, potentially driving the price of DOGE to new highs.<h2>What an ETF Means for DOGE</h2>[embed]https://twitter.com/XForceGlobal/status/1963958452947927549[/embed]An ETF would track the performance of Dogecoin, allowing investors to trade it on traditional stock exchanges without directly owning the cryptocurrency. This removes the complexities of custody and security, making DOGE a more appealing asset to a wider range of investors. Analysts believe that the approval could trigger a "parabolic movement" for the price. While some are cautious, pointing out the coin's historical volatility and speculative nature, the prospect of an ETF is seen as a major catalyst that could reshape its market dynamics. The precedent of Bitcoin and Ethereum ETFs suggests that such a development could lead to a massive influx of capital.<h3>Price Predictions and Future Outlook</h3>The market is buzzing with price predictions, with some analysts from the crypto analysis account Bitcoinsensus targeting a price of $1.40 per DOGE in the coming months. The analysts note that "Dogecoin has been moving very consistently within this broadening wedge channel. The gains have been exponential, each time outperforming the previous wave." However, others suggest that ambitious targets like $15 remain unlikely due to the token's supply dynamics. Regardless, a DOGE ETF would likely provide a substantial boost to the asset's market performance and further solidify its position in the cryptocurrency landscape.

DOGE Price Poised for Potential Surge with ETF Approval

BitMEX, a leading cryptocurrency derivatives exchange, has announced the listing of XRP futures contracts, expanding its range of offerings for traders. The new quarterly futures, with the ticker XRPZ25, went live on September 9, 2025. This development provides traders with a new regulated avenue to speculate on the future price of XRP against Bitcoin. The &hellip; 
<a href="https://www.cryptoknowmics.com/news/xrp-futures-go-live-on-bitmex-expanding-trading-opportunities/" class="more-link">Continue reading &#8220;XRP Futures Go Live on BitMEX, Expanding Trading Opportunities&#8221;</a>

BitMEX, a leading cryptocurrency derivatives exchange, has announced the listing of XRP futures contracts, expanding its range of offerings for traders. The new quarterly futures, with the ticker XRPZ25, went live on September 9, 2025. This development provides traders with a new regulated avenue to speculate on the future price of <a href="https://www.cryptoknowmics.com/news/major-shift-in-xrp-holdings-at-coinbase-sparks-discussion/">XRP</a> against Bitcoin. The listing is part of BitMEX's ongoing commitment to offering a diverse range of derivatives products.<h2>A New Chapter for XRP Trading</h2>The introduction of XRP futures on <a href="https://twitter.com/BitMEX/status/1965265103869411534" target="_blank" rel="noopener">BitMEX</a> is a significant milestone for the digital asset, providing a sophisticated trading instrument for both institutional and retail investors. While BitMEX has offered XRP spot trading in the past, the new futures contracts allow for more complex trading strategies, including hedging and leverage. The move follows similar listings of XRP futures on other major exchanges, underscoring the growing institutional interest and demand for the cryptocurrency. The new listing is expected to contribute to XRP's market liquidity and may also influence its price stability.<h3>Impact on the Broader Crypto Market</h3>The addition of XRP to BitMEX's futures lineup reflects a broader trend of crypto exchanges expanding their product suites to cater to a maturing market. This also indicates that XRP continues to be viewed as a key player in the crypto ecosystem. The listing provides more opportunities for price discovery and risk management, which are crucial for attracting a wider range of participants. As the crypto market evolves, the availability of these regulated financial products is essential for its continued growth and integration into traditional finance.

XRP Futures Go Live on BitMEX, Expanding Trading Opportunities

Ethereum (ETH) has achieved a major milestone, reaching a new all-time high (ATH) that has captured the attention of the cryptocurrency world, including veteran traders like Peter Brandt. Despite having previously criticized ETH as an asset, Brandt acknowledged its impressive performance. In a simple yet powerful social media post, he shared a chart of Ethereum &hellip; 
<a href="https://www.cryptoknowmics.com/news/ethereums-new-all-time-high-a-powerful-milestone/" class="more-link">Continue reading &#8220;Ethereum&#8217;s New All-Time High: A &#8220;Powerful&#8221; Milestone&#8221;</a>

Ethereum (ETH) has achieved a major milestone, reaching a new all-time high (ATH) that has captured the attention of the cryptocurrency world, including veteran traders like Peter Brandt. Despite having previously criticized ETH as an asset, Brandt acknowledged its impressive performance. In a simple yet powerful social media post, he shared a chart of Ethereum and wrote, "Powerful." This comment came as <a href="https://www.cryptoknowmics.com/news/this-is-how-ethereums-price-goes-back-over-1000/">Ethereum's price</a> surged by more than 15% in a single day, soaring from $4,238 to a new historic peak of $4,885. This rally followed a period of consolidation and was spurred by a recent announcement from Federal Reserve head Jerome Powell about an upcoming interest rate cut, which fueled optimism across the broader crypto market.<h2>A Market-Wide Rally and Community Celebration</h2>[embed]https://twitter.com/PeterLBrandt/status/1959043898564874292[/embed]The new ATH for Ethereum is a significant event for the community, especially after the token had been trading below its previous all-time high from November 2021 for an extended period. The positive momentum was not exclusive to Ethereum; Bitcoin also experienced an increase, signaling a renewed bullish sentiment in the market. The surge led to celebration within the crypto community, with prominent figures like Coinbase CEO Brian Armstrong congratulating the community on the new ATH. This event highlights the dynamic nature of the crypto market and how external economic factors can have a profound impact on asset prices, leading to rapid and significant gains.

Ethereum's New All-Time High: A "Powerful" Milestone

Solana (SOL) is at a critical juncture after a &#8220;whale&#8221; investor made a substantial purchase of 60,000 SOL tokens, valued at over $11 million. This significant accumulation came as the price of SOL was bouncing from a recent low of $175. The move signals a strong bullish conviction from a major market player and has &hellip; 
<a href="https://www.cryptoknowmics.com/news/solana-price-at-a-crossroads-as-whale-makes-massive-11m-buy/" class="more-link">Continue reading &#8220;Solana Price at a Crossroads as Whale Makes Massive $11M Buy&#8221;</a>

Solana (SOL) is at a critical juncture after a "whale" investor made a substantial purchase of 60,000 SOL tokens, valued at over $11 million. This significant accumulation came as the price of SOL was bouncing from a recent low of $175. The move signals a strong bullish conviction from a major market player and has created a "tug-of-war" in the market between buyers and those looking to take profits. While the price briefly touched a local high of $190, it has since pulled back slightly, leaving traders uncertain about the short-term direction.<h2>A Tug-of-War Between Bulls and Profit-Takers</h2>[embed]https://twitter.com/OnchainLens/status/1958342798870270268[/embed]The futures market is reflecting this battle, with the Long/Short Ratio heavily skewed towards long positions, indicating that a majority of futures traders are betting on a price increase. However, this upward momentum is being challenged by a positive Spot Netflow, which suggests that a larger number of investors are selling their holdings on the spot market. For <a href="https://www.cryptoknowmics.com/news/solana-etf-inflows-signal-potential-rally-to-250/" target="_blank" rel="noopener">SOL</a> to sustain its rally, it must overcome this selling pressure and breach the key resistance level of $191. A successful breakout could pave the way for a move towards $205, while a failure to hold could see the price retest the support level at $174. The current situation highlights the volatility of the crypto market, where large-scale investments can set the stage for major price movements, but the outcome is dependent on broader market sentiment.

Solana Price at a Crossroads as Whale Makes Massive $11M Buy

A prominent crypto trader, who famously turned a modest $125,000 into a staggering $43 million profit in just four months, has suffered a devastating loss after their leveraged Ethereum (ETH) position was liquidated. The trader, whose journey was a masterclass in aggressive position scaling, had accumulated a massive ETH long worth an estimated $303 million. &hellip; 
<a href="https://www.cryptoknowmics.com/news/legendary-traders-43m-profit-evaporates-in-ethereum-long/" class="more-link">Continue reading &#8220;Legendary Trader&#8217;s $43M Profit Evaporates in Ethereum Long&#8221;</a>

A prominent crypto trader, who famously turned a modest $125,000 into a staggering $43 million profit in just four months, has suffered a devastating loss after their leveraged Ethereum (ETH) position was liquidated. The trader, whose journey was a masterclass in aggressive position scaling, had accumulated a massive ETH long worth an estimated $303 million. Initially, the trader managed to exit with a significant profit of $6.9 million, a remarkable 55x return on their initial capital. However, a subsequent decision to re-enter a new leveraged long position proved to be a fatal mistake.[embed]https://twitter.com/lookonchain/status/1957966462959956319[/embed]<h2>The Perils of Over-Leveraging and Market Volatility</h2>The trader's downfall came during a recent market downturn, which saw <a href="https://www.cryptoknowmics.com/news/this-is-how-ethereums-price-goes-back-over-1000/" target="_blank" rel="noopener">Ethereum's price</a> experience a sharp 16% correction after peaking at $4,791. The liquidation of their second leveraged position wiped out all remaining gains, leaving their account value at a mere $771,000. While this still represents a respectable return of more than five times their original investment, the loss of tens of millions of dollars in profit serves as a stark warning about the extreme risks associated with high leverage in the volatile cryptocurrency market. The episode underscores the importance of risk management, even for experienced traders, and highlights how quickly fortunes can change in the world of digital assets.

Legendary Trader's $43M Profit Evaporates in Ethereum Long

A recent crypto market downturn has seen XRP&#8217;s price slip below the critical $3 level, a move that coincides with a massive wave of liquidations across the broader cryptocurrency landscape. Data from various on-chain analytics firms shows that the XRP price drop was influenced by a confluence of factors, including heavy selling from whales and &hellip; 
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A recent crypto market downturn has seen XRP's price slip below the critical $3 level, a move that coincides with a massive wave of liquidations across the broader cryptocurrency landscape. Data from various on-chain analytics firms shows that the XRP price drop was influenced by a confluence of factors, including heavy selling from whales and insiders, which triggered a domino effect of panic selling among retail investors. This sharp decline has fueled a wave of liquidations, with nearly $500 million worth of long positions being wiped out across the market.<h2>Whale Activity and Market Volatility</h2>The primary catalyst for XRP's decline was a significant offloading of tokens by large holders. Reports indicate that over the past few weeks, whales have cashed out billions of dollars in <a href="https://www.cryptoknowmics.com/news/xrp-price-poised-for-potential-explosion-to-3-8-as-bullish-trend-continues/">XRP</a>, a trend that has historically preceded major price corrections. This large-scale profit-taking, combined with the failure of XRP to break key resistance at the $3.17 level, created intense downward pressure. Adding to the market's unease was a transfer of $175 million worth of XRP by Ripple co-founder Chris Larsen, which further intensified fears of a sell-off. The sudden loss of momentum was not isolated to XRP, as other major cryptocurrencies also experienced significant drops, contributing to the widespread liquidation event.

XRP Slips Below $3 as Market Liquidations Near $500M

A historic milestone has been reached in the Ethereum market, with data from IntoTheBlock revealing that virtually all ETH holders are currently &#8220;In the Money.&#8221; This means that every single holder acquired their Ethereum at a price lower than the current market value. The data shows that 98.81% of holders, representing a massive $704.29 billion &hellip; 
<a href="https://www.cryptoknowmics.com/news/100-of-ethereum-holders-are-now-in-profit-a-deeper-look/" class="more-link">Continue reading &#8220;100% of Ethereum Holders Are Now in Profit: A Deeper Look&#8221;</a>

A historic milestone has been reached in the Ethereum market, with data from <a href="https://app.intotheblock.com/coin/ETH/deep-dive?group=financials&amp;subgroup=inAndOut" target="_blank" rel="nofollow noopener">IntoTheBlock</a> revealing that virtually all ETH holders are currently "In the Money." This means that every single holder acquired their Ethereum at a price lower than the current market value. The data shows that 98.81% of holders, representing a massive $704.29 billion worth of <a href="https://www.cryptoknowmics.com/news/ether-etfs-record-first-ever-1-billion-daily-inflows/" target="_blank" rel="noopener">ETH</a>, are sitting on gains, with the remaining 1.19% "At the Money," having bought their assets at the current price. This unprecedented situation suggests minimal sell pressure from existing holders, as they are likely anticipating a new all-time high (ATH) for the asset.<h2>Navigating Towards a New All-Time High</h2>Despite this overwhelmingly positive metric, <a href="https://www.cryptoknowmics.com/news/ethereum-etfs-suffer-major-outflows-amid-market-volatility/" target="_blank" rel="noopener">Ethereum</a> is yet to set a new ATH. The cryptocurrency remains approximately 3% below its previous peak of $4,891.70. While the bullish sentiment is strong, a recent dip in trading volume by 8.47% has caused some concern among traders. The market is now closely watching the psychological $5,000 price level, as a breach of this mark could trigger a short squeeze and lead to a new ATH. If bulls can increase trading volume and push the price past this critical resistance, Ethereum could finally establish a new record and solidify its position in the market.

100% of Ethereum Holders Are Now in Profit: A Deeper Look

Recent technical analysis of Dogecoin&#8217;s price movement, particularly using liquidation heatmaps, points to a crucial support level that could trigger a short-term price bounce. After failing to hold the $0.25 support level, the meme coin has entered a bearish phase. However, market observers are now turning their attention to a significant liquidity cluster located just &hellip; 
<a href="https://www.cryptoknowmics.com/news/dogecoins-technicals-suggest-a-potential-bounce-as-key-liquidation-zone-emerges/" class="more-link">Continue reading &#8220;Dogecoin&#8217;s Technicals Suggest a Potential Bounce as Key Liquidation Zone Emerges&#8221;</a>

Recent technical analysis of <a href="https://www.cryptoknowmics.com/news/dogecoin-sees-1-28-billion-inflow-in-one-day-price-remains-stagnant/" target="_blank" rel="noopener">Dogecoin's price</a> movement, particularly using liquidation heatmaps, points to a crucial support level that could trigger a short-term price bounce. After failing to hold the $0.25 support level, the meme coin has entered a bearish phase. However, market observers are now turning their attention to a significant liquidity cluster located just below the $0.20 mark. This zone is considered a "must-watch" target for traders as it indicates where a large number of leveraged long positions would be liquidated.<h2>The Influence of Liquidation Zones</h2>[embed]https://twitter.com/undefined/status/1952711817156755868[/embed]Liquidation maps are powerful tools that provide a visual representation of where large-scale liquidation events are likely to occur. When the price of an asset, like Dogecoin, approaches these zones, it often acts as a magnet, attracting further price movement to trigger those liquidations. This can create a cascading effect, leading to rapid price swings. Despite the current bearish pressure, the presence of a strong liquidity cluster near $0.20 suggests that if buyers step in at this level, it could provide the momentum needed for a short-term rebound. The broader market sentiment, especially Bitcoin's price performance, will play a significant role in determining whether Dogecoin can successfully hold this support and move towards higher resistance levels around $0.23 and $0.25.[embed]https://twitter.com/TATrader_Alan/status/1952656343443353856[/embed]<h2>Future Outlook and Key Levels</h2>While the immediate outlook for Dogecoin shows bearish momentum, the possibility of a relief rally remains. The $0.196 level, which coincides with the 50-period moving average on the 1-day chart, is a key point of interest. A decisive break below this level could signal a deeper decline towards the range low of $0.142, confirming a more pronounced bearish trend. Conversely, a successful defense of this support could lead to a bullish reversal. Traders are advised to monitor these critical price levels closely to navigate the coin's next move.

Dogecoin's Technicals Suggest a Potential Bounce as Key Liquidation Zone Emerges

Coinbase Derivatives has announced plans to introduce &#8220;nano perpetual-style futures&#8221; for two prominent cryptocurrencies, XRP and Solana (SOL). These new trading instruments are scheduled to go live on August 18th, marking a significant expansion of derivatives offerings for U.S. investors. Accessible Trading with Regulated Leverage The designation &#8220;nano&#8221; is key to these new products, indicating &hellip; 
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Coinbase Derivatives has announced plans to introduce "nano perpetual-style futures" for two prominent cryptocurrencies, XRP and Solana (SOL). These new trading instruments are scheduled to go live on August 18th, marking a significant expansion of derivatives offerings for U.S. investors.<h2>Accessible Trading with Regulated Leverage</h2>[embed]https://twitter.com/CoinbaseInsto/status/1950301465131765865[/embed]The designation "nano" is key to these new products, indicating that they will feature small contract sizes. This design choice is aimed at substantially lowering the capital requirements for trading, making these futures more accessible to a broader range of participants. Crucially, these new perpetual futures will be fully regulated, a notable development for U.S. customers who have historically had to resort to offshore, often unregulated, platforms to access similar cryptocurrency futures products.Furthermore, these new XRP and SOL nano futures will empower traders with the option to utilize up to 10x leverage. This increased leverage can amplify potential gains, though it inherently carries higher risks, appealing to traders looking for more dynamic exposure to price movements of these digital assets.<h3>Potential Market Impact and Regulatory Shift</h3>The introduction of regulated, lower-barrier futures products for <a href="https://www.cryptoknowmics.com/news/xrp-exits-billionaire-club-amidst-plummeting-payment-volume-bull-run-at-risk/">XRP</a> and Solana on a major U.S. exchange like Coinbase could have several market implications. By offering a regulated avenue, Coinbase may attract institutional and retail investors who were previously hesitant to engage with unregulated offshore platforms. This could potentially increase liquidity and price discovery for both XRP and SOL within the U.S. market.The move also underscores a gradual but significant shift towards more regulated cryptocurrency derivatives within the United States, providing a clearer framework for trading these complex financial instruments. As the August 18th launch approaches, the crypto community will be observing how these new products influence trading volumes, market sentiment, and the overall perception of XRP and SOL in a regulated environment.