3,750% Liquidation Imbalance Stuns XRP Bulls, Bitcoin ETFs Attract Nearly $250 Million Worth of Inflows, Dogecoin ETF Filing Sparks Surprise...

Top Crypto News Stories of the Day

1. XRP Liquidation Imbalance Stuns Bulls

XRP perpetual futures have shown unusual trading activity, with a 3,750% difference between long and short positions. Over 97% of $500,000 in liquidated XRP futures came from long positions on Jan. 22, despite a mere 1.5% decline in XRP's price. This suggests excessive confidence and momentum-based trading.

2. Bitcoin Whales Accumulate Amid ETF Inflows

Bitcoin is experiencing increased whale activity, with the number of wallets holding 100-1,000 BTC reaching a record high. Santiment views this as a positive sign for Bitcoin's future price. Bitcoin ETFs have attracted $248 million in net flows, despite a recent 6% price correction.

3. Dogecoin ETF Filing Surprises, Price Falls

Bitwise has filed for a Dogecoin ETF, but the news has surprisingly caused DOGE to drop by 5% to $0.3500. The ETF is still in preparatory stages, and if approved, could potentially boost Dogecoin's value. Despite the recent decline, DOGE has still gained over 300% in the past year.