$122,930,000 in short positions got liquidated in the past 4 | Market Ghost on Binance Square

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$122,930,000 in short positions got liquidated in the past 4 hours.
$135,310,000 in long positions got liquidated in the past 60 minutes.
MMs are having a field day today.

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$XRP Analysis: Bearish Momentum Builds as Price Slips Below Key Intraday Levels XRP’s recovery attempt has stalled below $1.950, with price now trading under $1.880 and the 100-hour simple moving average, reinforcing a short-term bearish shift. The hourly structure confirms downside control, as a clear bearish trend line has formed near $1.9350, repeatedly rejecting upside attempts. Firstly, momentum indicators support the bearish case. The MACD continues to deepen in negative territory, while the RSI remains below the neutral 50 level, signaling persistent selling pressure and limited bullish participation. Secondly, immediate downside risk is concentrated around $1.850. A confirmed close below this level would likely accelerate bearish momentum, exposing the market to a move toward the $1.80 region. Additional minor support is identified near $1.8320, though this zone may offer only temporary relief if sellers remain aggressive. Finally, resistance remains firmly established. The first major ceiling sits at $1.9150, followed by stronger resistance near $1.9350. Unless XRP can reclaim these levels with strong acceptance, the broader intraday bias remains tilted to the downside, suggesting bulls are losing control in the current structure.

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World Liberty Financial is seeking approval to unlock 5% of its WLFI token treasury, valued at roughly $120 million, to accelerate the expansion of its USD1 stablecoin amid rising competition in the sector. The proposal aims to deploy capital into strategic CeFi and DeFi partnerships designed to increase USD1 circulation and strengthen its market presence. The team argues that broader adoption of USD1 will directly support demand for WLFI-governed services, reinforcing ecosystem growth and long-term utility. Despite this strategy, USD1 currently ranks seventh by market capitalization at $2.74 billion, trailing PayPal’s PYUSD by approximately $1.1 billion. Community voting remains closely divided, with early results showing narrow opposition. If approved, the treasury allocation could materially improve USD1’s competitive positioning, but execution and adoption will be key in determining whether the strategy delivers sustainable growth.

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BREAKING: 🇺🇸 US Treasury has just bought back $3,714,000,000 of its own debt.

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Verifiable Randomness with APRO: Why Fairness in Gaming and NFTs Needs Transparent Oracles

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