{"id":3773,"date":"2025-10-16T11:53:00","date_gmt":"2025-10-16T11:53:00","guid":{"rendered":"https:\/\/cryptonews.com\/cz\/?p=3773"},"modified":"2025-10-16T11:53:00","modified_gmt":"2025-10-16T11:53:00","slug":"kryptotrh-odepsal-19-miliard-dolaru-slo-o-koordinovany-zasah-market-makeru-nebo-prirozene-cisteni-trhu-od-prepakovanych-pozic","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/cz\/news\/kryptotrh-odepsal-19-miliard-dolaru-slo-o-koordinovany-zasah-market-makeru-nebo-prirozene-cisteni-trhu-od-prepakovanych-pozic\/","title":{"rendered":"Kryptom\u011bnov\u00fd trh odepsal 19 miliard dolar\u016f: \u0160lo o manipulaci trhu nebo p\u0159irozen\u00e9 \u010di\u0161t\u011bn\u00ed trhu od p\u0159ep\u00e1kovan\u00fdch pozic?"},"content":{"rendered":"
Kryptotrh<\/strong> za\u017eil v p\u00e1tek jeden z nejdramati\u010dt\u011bj\u0161\u00edch moment\u016f leto\u0161n\u00edho roku<\/strong> \u2013 b\u011bhem n\u011bkolika hodin do\u0161lo k likvidac\u00edm pozic v hodnot\u011b p\u0159es 19 miliard dolar\u016f<\/strong>. Zat\u00edmco \u010d\u00e1st obchodn\u00edk\u016f obvi\u0148uje velk\u00e9 hr\u00e1\u010de z koordinovan\u00e9ho v\u00fdprodeje<\/strong>, analytici mluv\u00ed sp\u00ed\u0161e o p\u0159irozen\u00e9m<\/strong> deleveragingu<\/strong> \u2013 tedy \u0159\u00edzen\u00e9m vypu\u0161t\u011bn\u00ed p\u0159ehnan\u00e9 p\u00e1ky<\/a> po m\u011bs\u00edc\u00edch agresivn\u00edho longov\u00e1n\u00ed.<\/p> Dopad p\u00e1du na deriv\u00e1tov\u00fd trh byl ohromn\u00fd. Podle dat<\/a> platformy DefiLlama klesl open interest na perpetual futures kontraktech<\/a> z 26 miliard USD na necel\u00fdch 14 miliard. <\/strong> Jde o jeden z nejv\u011bt\u0161\u00edch jednodenn\u00edch pokles\u016f v historii \u2013 t\u00e9m\u011b\u0159 50%<\/strong>.<\/p> Tyto ud\u00e1losti doprov\u00e1zel rekordn\u00ed n\u00e1r\u016fst poplatk\u016f za p\u016fj\u010dky na lending protokolech, <\/strong>kter\u00e9 vyst\u0159elily na v\u00edce ne\u017e 20 milion\u016f dolar\u016f za den<\/strong>, co\u017e je historick\u00e9 maximum.<\/strong> Z\u00e1rove\u0148 <\/strong>v\u0161ak celkov\u00fd objem vyp\u016fj\u010den\u00fdch prost\u0159edk\u016f klesl <\/strong>poprv\u00e9 od srpna pod 60 miliard dolar\u016f.<\/strong><\/p> Jin\u00fdmi slovy, trh vypustil p\u00e1ru<\/strong>, odstranil p\u0159ep\u00e1kovan\u00e9 pozice a po t\u00fddnech p\u0159ehnan\u00e9ho optimismu do\u0161lo ke<\/strong> klasick\u00e9mu resetu trhu<\/strong>.<\/p> Navzdory spekulac\u00edm o z\u00e1m\u011brn\u00e9 manipulaci ukazuj\u00ed blockchainov\u00e1 data sp\u00ed\u0161e na organick\u00fd reset trhu<\/strong>. Analytik Axel Adler Jr.<\/strong> z platformy CryptoQuant uvedl, \u017ee a\u017e 93 % poklesu open interestu tvo\u0159ilo b\u011b\u017en\u00e9 vynucen\u00e9 uzav\u00edr\u00e1n\u00ed pozic<\/strong>, nikoli kask\u00e1dov\u00e9 likvidace.<\/p> Zhruba 1 miliarda dolar\u016f<\/strong> poch\u00e1zela z likvidac\u00ed dlouh\u00fdch pozic skrze vysokou finan\u010dn\u00ed p\u00e1ku<\/a> na<\/strong> BTC<\/strong>. Adler to ozna\u010dil za mimo\u0159\u00e1dn\u011b zral\u00fd moment pro <\/strong>Bitcoin<\/strong><\/a>, kdy trh s\u00e1m koriguje p\u0159ehnanou p\u00e1ku bez panick\u00e9ho v\u00fdprodeje.<\/p> Ne v\u0161ichni analytici se ale s t\u00edmto pohledem ztoto\u017e\u0148uj\u00ed. N\u011bkte\u0159\u00ed upozor\u0148uj na to, \u017ee velc\u00ed market make\u0159i p\u00e1d prohloubili sta\u017een\u00edm likvidity v nejkriti\u010dt\u011bj\u0161\u00ed chv\u00edli<\/strong>. <\/p> Podle blockchainov\u00e9ho analytika zn\u00e1m\u00e9ho jako YQ<\/strong> vzniklo b\u011bhem p\u00e1te\u010dn\u00edho v\u00fdprodeje tzv. \u201eliquidity vacuum\u201c<\/strong>, kter\u00e9 p\u00e1d je\u0161t\u011b prohloubilo. Market make\u0159i \u00fadajn\u011b za\u010dali stahovat likviditu u\u017e ve 21:00 UTC<\/strong>, tedy kr\u00e1tce pot\u00e9, co Donald Trump ozn\u00e1mil nov\u00e1 100% cla na \u010d\u00ednsk\u00fd dovoz.<\/strong><\/p> Tato zpr\u00e1va spustila prvn\u00ed vlnu ot\u0159es\u016f. B\u011bhem dvaceti minut v\u011bt\u0161ina kryptom\u011bn<\/a> dos\u00e1hla dna a hloubka trhu (market depth)<\/strong> se podle YQ propadla o 98 %<\/strong>.<\/p> Podle dat<\/a> z Coinwatch<\/strong> se 98% kolaps likvidity<\/strong> odehr\u00e1l p\u0159\u00edmo na burze <\/strong>Binance<\/strong><\/a>, nejv\u011bt\u0161\u00ed glob\u00e1ln\u00ed kryptom\u011bnov\u00e9 burze<\/a>.<\/p> \u201eKdy\u017e se ceny za\u010daly hroutit, hlavn\u00ed market make\u0159i okam\u017eit\u011b st\u00e1hli v\u0161echny p\u0159\u00edkazy. O hodinu a p\u016fl pozd\u011bji modr\u00fd za\u010dal poskytovat likviditu ve srovnateln\u00e9 m\u00ed\u0159e jako d\u0159\u00edve. Mezit\u00edm tyrkysov\u00fd v knih\u00e1ch sice je, ale jen velmi okrajov\u011b,\u201c uvedli analytici Coinwatch.<\/p>\n<\/blockquote> U jin\u00e9ho, bl\u00ed\u017ee neup\u0159esn\u011bn\u00e9ho tokenu zalistovan\u00e9ho na Binance s tr\u017en\u00ed kapitalizac\u00ed p\u0159es 5 miliard dolar\u016f dva ze t\u0159\u00ed market maker\u016f na p\u011bt hodin \u00fapln\u011b zmizeli z trhu<\/strong>. Coinwatch potvrdil, \u017ee je v kontaktu s t\u011bmito subjekty a sna\u017e\u00ed se urychlit jejich n\u00e1vrat do order booku<\/strong>.<\/p> A\u0165 u\u017e \u0161lo o \u00famysl, nebo p\u0159irozen\u00fd tr\u017en\u00ed proces, jedno je jist\u00e9 \u2013 kryptom\u011bnov\u00fd trh pro\u0161el o\u010distou<\/strong>, kter\u00e1 m\u016f\u017ee b\u00fdt paradoxn\u011b zdrav\u00e1<\/strong>. Po m\u011bs\u00edc\u00edch agresivn\u00ed p\u00e1ky a euforie p\u0159ich\u00e1z\u00ed f\u00e1ze, kdy se eliminuj\u00ed slab\u00e9 pozice<\/strong> a obnovuje zdrav\u011bj\u0161\u00ed tr\u017en\u00ed struktura<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":" Kryptotrh za\u017eil v p\u00e1tek jeden z nejdramati\u010dt\u011bj\u0161\u00edch moment\u016f leto\u0161n\u00edho roku \u2013 b\u011bhem n\u011bkolika hodin do\u0161lo k likvidac\u00edm pozic v hodnot\u011b p\u0159es 19 miliard dolar\u016f. Zat\u00edmco \u010d\u00e1st obchodn\u00edk\u016f obvi\u0148uje velk\u00e9 hr\u00e1\u010de z koordinovan\u00e9ho v\u00fdprodeje, analytici mluv\u00ed sp\u00ed\u0161e o p\u0159irozen\u00e9m deleveragingu \u2013 tedy \u0159\u00edzen\u00e9m vypu\u0161t\u011bn\u00ed p\u0159ehnan\u00e9 p\u00e1ky po m\u011bs\u00edc\u00edch agresivn\u00edho longov\u00e1n\u00ed.Kryptotrh si odfoukl: Open interest se propadl […]<\/p>\n","protected":false},"author":638,"featured_media":3780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12,11,28],"tags":[121,16,17,34,18,212,60,256,20],"editors":[51],"sponsored_companies":[],"class_list":["post-3773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoiny","category-bitcoin","category-news","tag-binance","tag-bitcoin","tag-btc","tag-krypto","tag-kryptomeny","tag-likvidace","tag-open-interest","tag-paka","tag-usa","editors-roman-blecha"],"acf":[],"yoast_head":"\nKryptotrh si odfoukl: Open interest se propadl o t\u00e9m\u011b\u0159 50 %<\/span><\/h2><\/span>

Analytici: \u017d\u00e1dn\u00fd chaos, jen p\u0159irozen\u00fd deleveraging<\/span><\/h2><\/span>

Podez\u0159en\u00ed z manipulace<\/span><\/h2><\/span>

Binance pod palbou kritiky<\/span><\/h2><\/span>

\n
