Cryptocurrency Market Declines Amid Macro Uncertainty

The cryptocurrency market has experienced a sharp downturn over the weekend, with investors reacting to fresh macroeconomic uncertainty. The prices of major cryptocurrencies, including Bitcoin, Ethereum, and Solana, have fallen significantly.

According to data from Hyperliquid, several key Bitcoin long positions are at risk of liquidation if the price drops further. These positions include a cluster of longs worth $16-$22 million in the $49K-$55K range and a pension-linked wallet holding a massive $65 million long that would be liquidated near $43,769.

Ethereum is also showing heavy risk below current levels, with multiple positions above $10 million lined up for potential liquidation. Solana remains more volatile than Bitcoin and Ethereum, with clusters of longs vulnerable to quick liquidations during market swings.