Massive Liquidation Imbalance Hits BTC, XRP and SOL as Long Traders Edged Out

By: bitcoin ethereum news|2025/05/02 11:00:04

The growth trend in the broader digital currency ecosystem has shifted briefly, with traders’ aspirations for Bitcoin and top altcoins to rally eventually leading to mild liquidations. Over the past 24 hours, the combined market liquidations totaled $225.21 million, according to CoinGlass data, with more than 84,000 traders liquidated. Long trader liquidation imbalance Notably, the market’s direction often determines which future market participants face the most liquidation: long and short traders. For Bitcoin, the liquidations total $91.43 million, with short traders accounting for $80.51 million. Long traders were positively edged out, with only $10.82 million in liquidations. You Might Also Like The trend also spread to Solana and XRP, where short traders recorded more liquidations overall. Per the data from Coinglass, Solana scored a liquidation of $7.89 million within 24 hours compared to XRP’s $3.44 million. For both coins, traders’ short bets were invalidated following the bullish movement on the market. Crypto liquidations are not uncommon. These current figures show that leverage exposure is minimal, as investors are largely maintaining a cautious approach amid uncertainty. While the market’s direction remains unknown, the exit of over-leveraged short traders in favor of longs might help stage a breakout. Bitcoin price shaping market sentiment The price of Bitcoin reclaimed the $97,000 mark on May 1, which was a positive start to the month amid optimistic expectations from traders. However, it has recorded a reversal and is now changing hands for $96,704.27, up 1.64% in 24 hours. You Might Also Like Solana has shed almost 1% of its price to lose the $150 support. In contrast, XRP was trading for $2.215, up 0.33% as of press time. With the sustained bullish consolidation and crucial acknowledgment from the CIA that BTC is here to stay, trader sentiment may shift in the coming days. The expectation is that BTC will lead the broader market’s bullish reset to new highs. Source: https://u.today/massive-liquidation-imbalance-hits-btc-xrp-and-sol-as-long-traders-edged-out

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

When American giants collectively "defect" from Chinese AI models

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.