Funding Rates Flagged Crypto Pullback Before $400M Washout: QCP

According to QCP’s latest Asia Colour analysis, digital asset markets faced a sharp sell-off, liquidating over $400 million in long positions as bitcoin fell from $118,000 to $115,000 and ether dropped from $4,500 to $4,300, according to analysis by QCP Capital. Pre-Jackson Hole Jitters Fuel Crypto Liquidation Event This heavy selling extends the recent drawdown, […]