Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
The price earlier on Monday had risen to above $27,400, its highest level since late August.
Bitcoin (BTC) rise above $27,000 proved short-lived, as the token tumbled about 2% in minutes during early afternoon U.S. hours to $26,700.
The largest and oldest cryptocurrency had advanced to as high as $27,420 earlier Monday, its highest price since late August.
BTC was still up 0.8% over the past 24 hours, underperforming the broad-market proxy CoinDesk Market Index's (CMI) 1.1% rise.
Notable outperformers today are Solana's SOL, Litecoin's LTC and bitcoin cash (BCH), up 3%-4% even after paring some of their early gains. Chainlink's native token LINK soared nearly 8% today amid new partnerships with traditional financial institutions.
The whipsaw in prices caught some crypto derivatives traders off-guard, liquidating roughly $100 million worth of leveraged trading positions over the past 24 hours, according to Coinglass data. Short traders, who attempted to profit from lower prices, endured $60 million in losses, while long traders, who bet on higher prices, suffered $40 million in losses.

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Protocol Research: GoPlus Security

Що варто знати:
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
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‘DeFi is dead’: Maple Finance’s CEO says onchain markets will swallow Wall Street

The Maple Finance CEO says institutions will stop distinguishing between DeFi and TradFi as private credit moves onchain, and stablecoins process $50 trillion in payments.
Що варто знати:
- Maple Finance CEO Sid Powell argues “DeFi is dead” as a separate category, predicting all capital market activity will eventually settle on blockchains.
- Tokenized private credit, not tokenized treasuries, will be the main growth engine for onchain finance, with DeFi market cap on track to reach $1 trillion.
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