About This Trend

BTC and ETH are the largest cryptocurrencies by market capitalization.

The cryptocurrencies are trending due to their recent price slumps and the extreme trading activities surrounding them, particularly with high-leverage positions on Hyperliquid, a trading platform. The sudden surge in active addresses and large leveraged long positions being opened and closed have sparked intense market interest, with some users making significant profits and others facing liquidation risks. .

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