Convex Finance extends gains after facing short squeeze

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Cryptocurrencies 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Convex Finance (CVX), the DeFi token, extends its rally to double-digit gains and raises 26% on Monday, as seen on Binance.

Convex Finance’s active addresses hit near a ten-month high on Monday, up 42% on the day. Curve’s yield amplifier extended gains by 26% on Monday, touching a high of $4.660. Over $722,000 in shorts were liquidated as CVX sees a short squeeze in the past 24 hours. Convex Finance , the DeFi token, extends its rally to double-digit gains and raises 26% on Monday, as seen on Binance. Data from Coinglass shows large volume liquidation of short positions, to the tune of $722,000.

The spot trading volume of the CVX/USDT pair reached nearly $32 million, a new high for intraday trade volume in the pair on Binance, on Sunday. Data from derivatives tracker Coinglass shows that over $722,000 in short positions were liquidated in the past 24 hours. The massive liquidation of short positions is referred to as a “short squeeze” by Wu, in his recent tweet. Wu also reported that the trading volume of CVX/USDT perpetual contracts reached a high of $120 million on Bybit.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

DeFi powerhouse Retik Finance (RETIK) launches on Uniswap, lists on multiple exchangesThe cryptocurrency landscape is witnessing yet another groundbreaking moment with the launch of Retik Finance (RETIK), a novel player in the decentralized finance (DeFi) sector
출처: Cointelegraph - 🏆 562. / 51 더 많은 것을 읽으십시오 »

Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance RedefinedUniswap is ready to challenge the SEC over a Wells notice, while Bitcoin Runes transactions see a significant decline. Ethereum's Vitalik Buterin suggests ZK likes for Farcaster to combat preference falsification. The DeFi market remains bullish, crossing the $100 billion mark.
출처: Cointelegraph - 🏆 562. / 51 더 많은 것을 읽으십시오 »

DeFi Retik Finance (RETIK) Now Listed on Uniswap and Multiple Centralized ExchangesCrypto Blog
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »

DeFi Token CRV Tanks 30% as Curve Finance Founder Gets LiquidatedCrypto Blog
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »