📊 This Week’s Crypto Market Pulse — TLDR

1️⃣ Market Overview

The crypto market took another major hit this week. Total market cap dropped by 20%, falling from $2.80T to $2.24T.

This sharp move triggered heavy long liquidations, with about $2.75B wiped out over the weekend and an additional $1.8B liquidated on Thursday alone.

Bearish sentiment increased rapidly, pushing funding rates deep into negative territory. Even large-cap assets like SOL and XRP recorded funding rates as low as -30%, showing extreme fear and positioning.

2️⃣ Narrative of the Week

Market participants speculated on the drivers behind Bitcoin’s 20%+ sell-off in just one week. Possible factors include government-related sell pressure, exchange activity, and broader macro uncertainty.

3️⃣ Project Update

Over 75,000 ETH left unclaimed from the 2016 DAO hack will now be used to create an endowment dedicated to strengthening Ethereum’s security and long-term development.

4️⃣ DeFi Brief

Hyperliquid introduced HIP-4, a new feature enabling outcome trading — derivatives that allow traders to speculate on events that settle within a defined time frame.

5️⃣ Fundraising

Blockchain analytics firm TRM Labs raised $70M in a Series C round, led by Blockchain Capital, with participation from Goldman Sachs, Y Combinator, CMT Digital, and others.

📌 Extreme fear often creates opportunity — but only for those who manage risk.

What’s your take on the current market conditions? 👇

#MarketCorrection #BinanceSquareTalks