According to QCP’s latest Asia Colour analysis, digital asset markets faced a sharp sell-off, liquidating over $400 million in long positions as bitcoin fell from $118,000 to $115,000 and ether dropped from $4,500 to $4,300, according to analysis by QCP Capital. Pre-Jackson Hole Jitters Fuel Crypto Liquidation Event This heavy selling extends the recent drawdown, […]According to QCP’s latest Asia Colour analysis, digital asset markets faced a sharp sell-off, liquidating over $400 million in long positions as bitcoin fell from $118,000 to $115,000 and ether dropped from $4,500 to $4,300, according to analysis by QCP Capital. Pre-Jackson Hole Jitters Fuel Crypto Liquidation Event This heavy selling extends the recent drawdown, […]

Funding Rates Flagged Crypto Pullback Before $400M Washout: QCP

2 min read

According to QCP’s latest Asia Colour analysis, digital asset markets faced a sharp sell-off, liquidating over $400 million in long positions as bitcoin fell from $118,000 to $115,000 and ether dropped from $4,500 to $4,300, according to analysis by QCP Capital.

Pre-Jackson Hole Jitters Fuel Crypto Liquidation Event

This heavy selling extends the recent drawdown, QCP analysts noted on Monday. Last week, bitcoin ( BTC) fell roughly 5% from all-time highs, accompanied by over $1 billion in liquidations within decentralized finance (DeFi) lending and significant profit-taking.

QCP Capital analysts highlighted that warning signs preceded the drop. Funding rates for bitcoin ( BTC) perpetuals had been trending lower since Friday. Deribit‘s BTC funding rate, consistently above 20% last week, turned negative by Saturday and remained negative despite a slight weekend spot price increase – a pattern similar to one seen before a drop on August 1st.

The firm suggests the overnight washout may reflect traders de-risking portfolios ahead of the Jackson Hole Economic Symposium starting Thursday. With spot crypto prices still range-bound, QCP anticipates potential further profit-taking before the event. Options flows now favour puts, signalling expectations for another potential leg down.

Despite the volatility, QCP pointed to continued institutional interest, citing Tokyo-listed Metaplanet adding 775 BTC over the weekend. Given relatively low implied volatility, QCP analysts believe a major breakout is unlikely soon. They expect sideways trading, with dips near $112,000 attracting buyers and rallies toward $120,000 facing selling pressure, at least until Fed Chair Jerome Powell speaks Friday.

Thursday’s unexpectedly high Producer Price Index (PPI) reading complicates the Fed’s policy outlook, QCP observed. Markets will scrutinize Powell’s Jackson Hole speech for clues on September policy, contrasting with last year’s easing signals amid a more contentious political backdrop.

Market Opportunity
Fuel Logo
Fuel Price(FUEL)
$0.00151
$0.00151$0.00151
-1.94%
USD
Fuel (FUEL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Water150 Unveils Historical Satra Brunn Well: The Original Source of 150 Years of Premium Quality Spring Water Hydration

Water150 Unveils Historical Satra Brunn Well: The Original Source of 150 Years of Premium Quality Spring Water Hydration

The post Water150 Unveils Historical Satra Brunn Well: The Original Source of 150 Years of Premium Quality Spring Water Hydration appeared on BitcoinEthereumNews.com. Water150, the project developed by the Longhouse Foundation to reserve access to premium spring water through a transparent, blockchain-based ecosystem of natural water springs, is excited to introduce its first natural water well, Satra Brunn.  The Sätra Brunn well is one of Sweden’s oldest and best-preserved natural spring water wells, located in a 324-year-old Swedish village. Every water source added to the network will be measured according to the pedigree and based on the foundations of the historically reliable Satra Brunn natural spring, a well that has endured since the 18th century.   The Satra Brunn well secures the first 66 million liters of the annually replenished mineral water supply, starting in January 2027, for the next 150 years. Each liter of water secured in the Satra Brunn well is fully backed by a corresponding Water150 token, issued on the Ethereum blockchain by the Longhouse Water S.A., a Luxembourg public limited liability company.  Hence, the first batch of 66 million Water150 tokens to enter circulation will fully back the annual supply from the Satra Brunn well.  The project uses blockchain technology as a barrierless and transparent ecosystem to connect users to naturally filtered, high-quality, and sustainably managed drinking water per year for at least 150 years, starting in 2027. The amount of Water150 tokens in circulation is a verifiable measure of the volume of annual water flow available within the ecosystem, audited by independent third parties. The W150 token is one of the first real-world asset (RWA) utility tokens to get the full approval of the European Securities and Markets Authority (ESMA), the body responsible for the Markets in Crypto-Assets Regulation (MiCAR), a cryptocurrency regulatory standard recognized and adopted throughout Europe. Water150 is building a global network of 1,000 premium mineral water sources like Satra Brunn, managed according to the high…
Share
BitcoinEthereumNews2025/09/19 19:41
Amazon signs AI and cloud partnership to accelerate growth

Amazon signs AI and cloud partnership to accelerate growth

Prosus and Amazon have signed a multi-year deal with AWS to consolidate cloud and AI contracts and save costs.
Share
Cryptopolitan2026/02/04 18:05
Senate Democrats Forge Ahead with U.S. Crypto Regulation Efforts

Senate Democrats Forge Ahead with U.S. Crypto Regulation Efforts

The long-stalled CLARITY Act, designed to regulate the U.S. cryptocurrency market, is back in the spotlight as Senate Democrats quietly resume discussions.Continue
Share
Coinstats2026/02/04 18:08