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Scott Melker observes crypto liquidations surpass FTX collapse levels

Scott Melker observes crypto liquidations surpass FTX collapse levels
@scottmelker: Crypto liquidations outpace FTX

Scott Melker recently commented that Tuesday liquidations in the crypto market now exceed those experienced during the FTX collapse.

This observation suggests a significant increase in market activities or volatility, contrasting with historical events in the sector.

Details are being clarified.

The heightened volatility observed draws parallels to past market dynamics, reminiscent of Melker's analysis where bullish RSI signals hinted at a potential Bitcoin rally. Furthermore, the current wave of liquidations arrives amid broader sector momentum, similar to periods when ETF inflows propelled Bitcoin to new highs, underscoring the market's ongoing sensitivity to institutional and retail activities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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