Ethereum has dropped below 4,300 USDT and is now trading at 4,299.189941 USDT, with a narrowed narrowed 4.71% increase in 24 hours.

Solana's native token, SOL, has experienced a 15.5% decline since reaching a peak of $209.80, its highest in over six months. This downturn has sparked concerns about a potential bearish reversal, yet several indicators suggest otherwise. Solana's position as the second-largest decentralized exchange (DEX) ecosystem remains strong, with $111.5 billion in 30-day trading volumes, surpassing Ethereum's layer-2 networks and BNB Chain. The total value locked (TVL) on Solana has increased by 20% over two months, reaching $12.1 billion, further solidifying its position over BNB Chain. Key decentraliz

the Ethereum Proof-of-Stake (PoS) network is currently experiencing notable shifts in its validator queue. The exit queue reports approximately 445,845 ETH, valued at around $1.75 billion, with a recent peak of 744,000 ETH. The estimated waiting time for exiting is approximately 7 days and 18 hours.

Bitcoin has crossed the 117,000 USDT benchmark and is now trading at 117,046.742188 USDT, with a narrowed 1.54% increase in 24 hours.

Bitcoin short-term holders have reduced their selling activity as the cryptocurrency's price gradually rises above its recent low of $112,000. Onchain analytics platform Glassnode reported that profit-taking among Bitcoin Short-Term Holders (STH), defined as those holding for less than 155 days, has decreased. The firm's market report on Wednesday highlighted that Bitcoin STH spent volume, which measures the proportion of recent buyers in profit selling their Bitcoin, has dropped to 45%, falling below the neutral level

the cryptocurrency market witnessed liquidations totaling $222 million over the past 24 hours. Long positions accounted for $95.11 million of the liquidations, while short positions amounted to $127 million. Bitcoin (BTC) saw liquidations totaling $22.31 million, and Ethereum (ETH) experienced liquidations of $63.58 million.

Bitcoin has crossed the 115,000 USDT benchmark and is now trading at 115,111.007813 USDT, with a narrowed 0.98% increase in 24 hours.

Growth Points Lucky Draw
Invite friends to join and win great prizes!
https://www.gate.com/activities/pointprize/?now_period=12&refUid=14897619

The cryptocurrency market turned sharply lower on Friday, with over $635 million in liquidations hitting Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) hardest, as traders dumped long positions amid shifting macro sentiment.

Bitcoin recently experienced its third major profit-taking event in the current bull market. At the end of July, realized profits surged to between $6 billion and $8 billion, reaching levels comparable to the peaks in March and December 2024. The primary sellers in this phase, with Bitcoin prices above $120,000, were newly entered whales.

Bitcoin has dropped below 118,000 USDT and is now trading at 117,968.273438 USDT, with a narrowed 0.38% decrease in 24 hours.

Bitcoin (BTC) dropped below 118,000 USDT and is now trading at 117,947.96875 USDT, with a 0.40% decrease in 24 hours.

Spot Ether ETFs recorded $453 million in inflows on Friday, led by BlackRock’s ETHA, pushing total assets to $20.66B and extending their inflow streak to 16 days.

Cardano (ADA) has shown signs of rebounding from a strong support level, increasing the likelihood of surpassing the $0.94 resistance. Recent market behavior has seen strong rallies followed by sharp declines, a pattern observed across several altcoins, including ADA. Typically, such pullbacks serve to eliminate weaker positions before the market resumes its upward trend.

Ethereum has dropped below 3,700 USDT and is now trading at 3,699.689941 USDT, with a narrowed 3.12% decrease in 24 hours.

Ethereum has crossed the 3,800 USDT benchmark and is now trading at 3,806.649902 USDT, with a narrowed 6.79% increase in 24 hours.

Bitcoin has dropped below 118,000 USDT and is now trading at 117,996.476563 USDT, with a narrowed narrowed 0.29% increase in 24 hours.

Bitcoin has crossed the 118,000 USDT benchmark and is now trading at 118,054.78125 USDT, with a narrowed 0.43% increase in 24 hours.

Watch-To-Earn Lucky Draw Carnival
Do daily check - in tasks, get generous rewards
Register Now: https://www.gate.com/activities/watch-to-earn/?now_period=3&refUid=14897619