
OpenAI Rolls Out Advanced Account Security for ChatGPT Users
OpenAI introduces Advanced Account Security for ChatGPT users, enhancing protection with passkeys.

The cryptocurrency market has seen nearly $500 million in liquidations, primarily affecting long positions. This aggressive deleveraging phase indicates a significant imbalance following an overly optimistic market trend.
With nearly $500 million in liquidations, eliminating all overleveraged positions, the cryptocurrency market is undergoing another aggressive deleveraging phase. According to data, about $492 million has been liquidated in the last 24 hours alone, with long positions bearing the brunt of the losses. This imbalance is significant because it shows that the market was overly optimistic prior to this move.
This unwind revolves around Ethereum and Bitcoin. After a comparatively clean short-term uptrend, Bitcoin is currently trading in the mid-$75,000 range. The stretched positioning that developed during the move is the issue, not the trend per se. The market experienced a wave of forced liquidations, rather than consolidation, as the price surged into resistance and the RSI rose into overheated territory.

Ethereum has a weaker, but comparable, structure. ETH rolled over and trailed Bitcoin lower after failing to break through the declining resistance zone around the $2,300-$2,400 range. Ethereum lacks the structural strength to effectively absorb shocks because, in contrast to Bitcoin, it is still trading below important moving averages. Assets in weaker technical positions typically react more violently to liquidations, and ETH is exhibiting just that.
The liquidation heatmap illustrates how serious the situation is. A sizable amount of all liquidations is made up of just Bitcoin and Ethereum, with BTC trailing closely behind ETH at over $140 million. This concentration highlights a straightforward idea: this is a market-wide reset, propelled by the biggest assets, not a singular altcoin flush.
Whether this was a purge or the beginning of something more serious will determine what happens next. The market can normalize and carry on its recovery and prices stabilize above important short-term supports.
The liquidations were primarily caused by an aggressive deleveraging phase, where overleveraged positions were eliminated as the market faced forced liquidations.
Ethereum and Bitcoin are the main cryptocurrencies affected, with Bitcoin trading around the mid-$75,000 range during this deleveraging phase.
The significant liquidations suggest a shift in market sentiment, indicating potential volatility and caution among traders in the near future.

OpenAI introduces Advanced Account Security for ChatGPT users, enhancing protection with passkeys.

Chainlink (LINK) may be on the verge of a significant price shift as indicators suggest volatility ahead.

Ubuntu Linux plans to add AI features by 2026, but users are worried about privacy and unwanted changes.

Despite a nearly 12% drop, big investors like Cathie Wood are betting on Robinhood's recovery.

U.S. Senate unanimously bans senators from trading on prediction markets to prevent insider trading.

Bitcoin's rejection at $78,000 raises concerns about its rally's strength. Will it hold critical support?
See every story in Crypto — including breaking news and analysis.
However, the cascade may continue if Ethereum continues to fall below support and Bitcoin loses its current trend structure. As of right now, it appears to be forced cooling rather than complete collapse. However, the market has shown that leverage remains the weakest link.