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4 Jun 2026, 09:05

Bitcoin Faces $1.87B in Short Liquidations if Price Breaks Above $67,055

BitcoinWorld Bitcoin Faces $1.87B in Short Liquidations if Price Breaks Above $67,055 Bitcoin’s price is approaching a critical threshold that could trigger a cascade of liquidations across major centralized exchanges. Data from CoinGlass shows that a move above $67,055 would result in the liquidation of approximately $1.87 billion in short positions. Conversely, a drop below $60,027 would lead to the liquidation of $1.02 billion in long positions. Understanding the Liquidation Data The figures, compiled from order books on major centralized exchanges (CEXs), represent the total value of positions that would be forcibly closed if Bitcoin’s price reaches these specific levels. Liquidations occur when a trader’s position moves against them and their margin is insufficient to keep the trade open. A large liquidation event can amplify price movements, creating a feedback loop known as a ‘squeeze.’ In this case, a break above $67,055 would primarily impact short sellers — traders who bet on the price falling. A short squeeze could add upward momentum, potentially pushing prices higher. On the other hand, a drop below $60,027 would trigger long liquidations, which could accelerate a downward move. Market Context and Implications Bitcoin has been trading in a relatively wide range over the past weeks, with these two price levels acting as key support and resistance. The concentration of liquidity at these points makes them particularly significant for traders and market observers. The data from CoinGlass is based on aggregated open interest and liquidation levels from exchanges such as Binance, Bybit, and OKX. It is important to note that liquidation data reflects potential, not guaranteed, outcomes. Market conditions, order book dynamics, and the speed of price movement can influence whether all positions are liquidated at once. However, the sheer size of the potential liquidations — nearly $1.9 billion in shorts alone — underscores the high stakes for leveraged traders. What This Means for Traders For active traders, these levels represent potential areas of heightened volatility. A break above $67,055 could trigger rapid price appreciation as shorts are forced to cover. Conversely, a drop below $60,027 could lead to a sharp sell-off. Risk management becomes crucial around these zones, as the market may react unpredictably. Conclusion The $67,055 and $60,027 levels are now key focal points for Bitcoin traders. The data from CoinGlass highlights the significant leverage built up in the market, and any move beyond these thresholds could have outsized effects. As always, traders should approach these levels with caution, given the potential for rapid and amplified price swings. FAQs Q1: What is a liquidation in cryptocurrency trading? A liquidation occurs when a trader’s leveraged position is forcibly closed by the exchange because the trader’s margin balance has fallen below the required maintenance level. This typically happens when the market moves against the trader’s position. Q2: How does CoinGlass calculate liquidation data? CoinGlass aggregates open interest and liquidation levels from major centralized exchanges using their respective APIs. The data reflects the cumulative value of positions that would be liquidated if the price reaches a specific level. Q3: Can these liquidation levels be guaranteed? No. The data represents potential liquidations based on current open interest and margin levels. Actual liquidations can vary depending on market depth, order book changes, and the speed of price movement. It is a useful indicator but not a precise prediction. This post Bitcoin Faces $1.87B in Short Liquidations if Price Breaks Above $67,055 first appeared on BitcoinWorld .

4 Jun 2026, 09:00

Bitcoin Exchange Supply Keeps Falling: What Happens If Demand Returns?

Bitcoin is trading above $65,000 after a 12% breakdown over two days that erased weeks of recovery progress and forced a reassessment of the market’s structural integrity. The speed of the decline was alarming — but XWIN Research Japan has published an on-chain analysis that looks beneath the price action and identifies signals that complicate the straightforward bearish reading the chart is currently delivering. The analysis begins with a premise that frames everything that follows. In June 2026, price alone is insufficient for understanding Bitcoin’s market structure. The on-chain data beneath the surface contains signals that the price chart cannot express — and several of those signals are currently pointing in a direction that diverges from the two-day breakdown. Exchange reserves continue declining — meaning investors are moving Bitcoin into long-term storage rather than positioning coins for sale. The supply available for immediate distribution is shrinking rather than growing, a dynamic that has historically been associated with reduced sell-side pressure rather than accelerating distribution. The Stablecoin Supply Ratio adds a second constructive signal. Current levels suggest that significant buying power remains available on the sidelines — stablecoin capital that has not yet been deployed but exists as potential demand waiting for the market conditions that would trigger its return. Two signals are pointing toward structural support while the price has just experienced its sharpest two-day decline in months. XWIN Research Japan’s analysis examines whether the on-chain data or the price action is telling the more accurate story about where Bitcoin goes from here. Bullish Bitcoin Supply Conditions Meet Weak Demand The XWIN Research Japan report introduces the honest caveat that prevents the constructive on-chain signals from being read as a clear recovery confirmation. The Coinbase Premium Index remains weak despite Bitcoin’s rebound from the breakdown lows. US institutional demand — the category of buyer whose return has historically been the most reliable precursor to sustained advances — has not yet appeared in the data. Exchange reserves declining and stablecoin buying power available are supply-side positives that require demand to activate them. SOPR hovering near neutral describes a market neither aggressively taking profits nor capitulating into losses — a holding pattern that reflects limited confidence rather than building conviction. Open Interest cooling after its rapid May expansion reduces liquidation risk and creates a cleaner market structure for the next directional move, but cooling derivatives activity also removes the short squeeze fuel that has driven several of the recent recovery attempts. MVRV continuing to rise without reaching historical overheating levels describes growing unrealized profitability across the holder base — constructive but not yet at the extreme readings that have preceded major tops. The June picture the report assembles is deliberately balanced. Supply conditions are bullish. Demand conditions are insufficient. The gap between those two realities is what the market is currently navigating — and the specific indicators that will close it are ETF flows returning to positive territory, Coinbase Premium recovering above zero, SOPR building above 1 sustainably, and exchange reserves continuing their structural decline alongside rather than despite price weakness. Bitcoin Weekly Structure Approaches A Critical Decision Point Bitcoin’s weekly chart shows a market under significant pressure after losing the $72,000 support region that had defined the recovery attempt since March. The latest selloff has pushed BTC back toward the lower boundary of its multi-month trading range, placing the focus squarely on the $64,000-$66,000 support zone that has repeatedly attracted buyers throughout 2026. The most important technical development is the rejection from the $78,000-$80,000 area. That failed breakout produced a lower high beneath the declining 50-week moving average and reinforced the broader bearish structure that has been in place since Bitcoin topped near $120,000 last year. Since then, the market has established a clear sequence of lower highs, while every recovery attempt has stalled below major resistance. Despite the weakness, the current support region remains highly significant. The highlighted zone around $63,000-$66,000 served as the foundation of the February bottom and successfully launched the rally that followed. Bitcoin is now retesting that same area for the second time, making the reaction here critical for determining whether the market is forming a higher low or preparing for a deeper correction. If bulls can defend this zone and reclaim $72,000, a recovery toward the mid-$70,000s becomes possible. Failure to hold above $64,000 would shift attention toward the rising 200-week moving average near $62,000 and potentially open the door to a much larger retracement phase. For now, Bitcoin remains at one of the most important support tests of the current cycle. Featured image from ChatGPT, chart from TradingView.com

4 Jun 2026, 08:49

Ethereum drops to $1,814 after 16 days of ETF outflows

🚨 Ethereum plunged to $1,814 as ETF outflows persisted. 💸 Outflows from spot $ETH ETFs reached $847 million in 16 days. 📉 US demand is weak as seen in the Coinbase Premium Index. Continue Reading: Ethereum drops to $1,814 after 16 days of ETF outflows The post Ethereum drops to $1,814 after 16 days of ETF outflows appeared first on COINTURK NEWS .

4 Jun 2026, 08:37

Bybit Launches P2P Verified Advertiser Growth Program Offering Up to 400 USDT in Bi-Weekly Rewards

4 Jun 2026, 08:36

Here’s why the Pi Network Coin price has crashed to a record low

Pi Network price just crashed to a record low, continuing a downward trend that has been going on since its mainnet launch early last year. It plunged to a low of $0.1190, bringing its market capitalization to over $1.4 billion, a $18.6 billion lower than its all-time high of $20 billion. This article explores why the Pi Coin price continues its crash. Pi Network price has crashed amid the ongoing crypto market weakness The main reason why the Pi Network Coin has crashed this year is because of the ongoing weakness in the crypto industry that has affected Bitcoin and most altcoins. Data shows that the market capitalization of all tokens has dropped to $2.3 trillion this year. The crypto market has happened because of the ongoing AI frenzy that is happening in the United States, Japan, and South Korea. Just this year, companies like Samsung, SK Hynix, and Micron have entered the $1 trillion market, and AMD will soon join them. The AI boom is simply sulking money from other sectors as investors embrace the Fear of Missing Out (FOMO). Indeed, while the crypto market is falling, top AI coins like Venice AI and Near Protocol have jumped to their record highs. Pi Network has tried to position itself as an AI platform. For example, it recently launched an upgrade to its app developer kit, enabling vibe coders to migrate their apps to the platform and gain access to millions of users. Pi is also working to enter the identity verification industry that Worldcoin and Humanity Protocol are in it. Their goal is to launch a KYC-as-a-Service solution that will offer services to third party companies. Pi Coin’s demand has waned, while supply is rising The token has also fallen because of the ongoing demand and supply dynamics. Data shows that the daily volume stood at less than $20 million today, June 4. This volume is a tiny one for a cryptocurrency valued at over $1.4 billion. Pi Network’s volume has remained weak despite some major developments. It has already listed on Kraken, a top American crypto exchange. Most recently, OKX expanded its service and made it possible for Americans to buy it. On the other hand, the amount of Pi tokens in circulation continues to grow this year because of its token unlocks. The network has unlocked millions of tokens in the past few months and data shows that more than 160 million coins will come online this month. READ MORE: Pi Network price prediction ahead of the Kraken listing on March 13 Still, Pi Network has some potential catalysts in the coming months. For example, the network is continuing its upgrade that will make it faster and introduce smart contracts. At the same time, the recently launched CiDi games have become popular in the platform, a move that will lead to a higher utility. Pi Coin price technical analysis Pi Network price chart | Source: TradingView The daily chart shows that the Pi Network price has crashed in the past few months. It tumbled to a record low of $0.1190, much lower than the March high of $0.2980. The coin moved below the previous all-time low of $0.1305, its lowest point in February this year. It has moved below all moving averages and the Ichimoku cloud indicators. Therefore, the path of the least resistance for the token is downwards, potentially to the key support level at $0.100. The post Here’s why the Pi Network Coin price has crashed to a record low appeared first on Invezz

4 Jun 2026, 08:27

6 new pairs available for spot margin traders in the US

Here are the details: Pair Pair name Available leverage Long limit Short limit NEAR NEAR/USD 3x 320,000 230,000 HBAR HBAR/USD 5x 4,200,000 3,900,000 CRV CRV/USD 5x 2,300,000 1,400,000 XLM XLM/USD 2x 2,600,000 2,600,000 SHIB SHIB/USD 5x 34,000,000,000 26,000,000,000 TRX TRX/USD 5x 3,700,000 3,700,000 Start trading on Kraken Pro Here’s some more information about the tokens: Near Protocol (NEAR) is a layer-1 blockchain designed for scalability and developer accessibility. It uses a sharded proof-of-stake architecture called Nightshade and is optimised for high throughput and low transaction costs. NEAR supports smart contracts written in JavaScript and Rust. Hedera (HBAR) is the native currency of the Hedera network, a public distributed ledger that uses a hashgraph consensus mechanism rather than a traditional blockchain. It is designed for enterprise-grade applications requiring high speed, low fees, and energy efficiency. Curve DAO Token (CRV) is the governance token of Curve Finance, a decentralised exchange specialising in stablecoin and pegged-asset liquidity pools. CRV is used to vote on protocol governance and direct liquidity incentives across pools. Stellar (XLM) is the native asset of the Stellar network, an open-source payment protocol designed for fast, low-cost cross-border transfers. XLM facilitates transactions between currencies and is used to pay network fees and maintain account minimums. Shiba Inu (SHIB) is an Ethereum-based token that originated as a community-driven meme coin. It has since expanded into a broader ecosystem including a decentralised exchange (ShibaSwap) and the Shibarium layer-2 network. TRON (TRX) is the native token of the TRON blockchain, a layer-1 network focused on high-throughput decentralised applications and content distribution. TRX is used to pay for network resources and participate in governance. Before you start, what you should know: In order to trade using spot margin, you will need to hold at least one eligible collateral currency. The availability of spot margin trading services is subject to certain limitations and eligibility criteria. Spot margin trading incurs additional fees for opening, closing, and holding a position. See Kraken’s rates and fees for details. Will Kraken offer more pairs on margin? Yes — but our policy is to never reveal details before launch, including which pairs we are considering. All listed spot margin pairs are available on our website. Our client engagement specialists cannot answer questions about future listings. Start trading on Kraken Pro Spot margin trading involves substantial risk and is not suitable for everyone. Losses may exceed the initial investment, and additional collateral may be required. While leverage can increase potential returns, it also significantly increases risk. Leverage available may vary by asset. Past performance is not necessarily indicative of future results. Availability of spot margin trading through Kraken Derivatives US is subject to certain limitations and eligibility criteria. View Risk Disclosure Statement . Spot margin trading is provided by NinjaTrader Clearing, LLC d/b/a Kraken Derivatives US, a CFTC-registered Futures Commission Merchant and NFA Member (NFA ID: 0309379), with financing provided by Payward Accredited LLC. View Disclosures . The post 6 new pairs available for spot margin traders in the US appeared first on Kraken Blog .