"After the halving, market volatility was somewhat muted," Thomas Kim, a trader at Presto, told CoinDesk."Recent three-day realized volatility was well below the implied volatility of BTC options, and investors may still need to gauge macroeconomic variables."shows that in the last 12 hours, $52.46 million in positions have been liquidated. Ether and BTC positions are the largest, respectively, but there's also $6.
Justin d'Anethan from Keyrock, an Asia-based crypto market maker, said in a Telegram interview with CoinDesk that traders are indecisive and can't make up their minds on what position to take. "It's an interesting – albeit not very dynamic – market to look at, both on the crypto and traditional side; traders seem unable to decidedly turn bullish or bearish, as evidenced by prices staying put," he told CoinDesk.
"On the flip side, and on a maybe more bullish side, the pullback we saw last week, which was intently caused by some leveraged long liquidations, has probably cleared some froth and left us sitting at a respectable level with some committed capital," he said.says that over the weekend of April 12-13, when Iran launched its missile attack on Israel, over $1.4 billion in long positions were liquidated.
"With the halving, crypto investors are not willing to part with their coins and are probably setting themselves up for higher prices long term."in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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