- Daily Dispatch
- Posts
- Crypto market turns frothy š«§
Crypto market turns frothy š«§
Over $500 million in crypto options positions were liquidated as the market retreated Friday morning.

Together with:
š What you need to know
Crypto markets turned frothy Friday morning, with over $500 million in liquidations as billions of dollars worth of Bitcoin moved to exchanges.
Galaxy Digital shifted some $3.7 billion to exchanges, with other large Bitcoin holders following suitācreating mounting selling pressure on Bitcoin just weeks after it posted a new all-time high.
Despite the U.S. money supply climbing to a record high, experts told Decrypt that U.S. liquidity is āpooled, not deployed,ā parked in money markets and short-duration Treasuries rather than risk-on assets. They urged caution in the short term, with volatility on the rise amid profit taking and āincreasing liquidation risk" around leveraged positions.
š Myriad Market of the Day
From our partner
Messariās recent Pulse Report on Flare spotlights Flareās emergence as the network turning XRP into a powerful engine for decentralized finance (DeFi). With trust-minimized infrastructure, real yield opportunities, and a radically composable data layer, Flare is laying the foundation for a new era of cross-chain value creation ā starting with XRPFi.
š¬ Quote of the Day
āWhen Washington works for industries like this, a handful of people get really rich, and the American people pay the price.ā
š„ Be First to Market With Myriad
Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!
With Myriad, the on-chain prediction market launched by Decryptās parent company DASTAN, you can break the news and stake the news, using USDC and points.
š From Our Hubs
š Watch and Learn
Interested in partnering with Decrypt? Find out more here.