Tag Archives: liquidations

Robinhood Stock Price Slips After a Strong Q3: Is Crypto the Real Reason?

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**Robinhood Stock Price Drops Despite Strong Q3 Revenue and Crypto Growth**

Robinhood (HOOD) recently reported impressive Q3 results, with revenue rising to $608 million and crypto income growing by 89%. Monthly active users also climbed to 12.8 million, the highest in over a year. Yet, despite these positive numbers, Robinhood’s stock price declined sharply, currently trading near $121. This drop has puzzled many investors, especially given the company’s strong quarterly performance.

### Why Did Robinhood’s Stock Fall After Strong Q3 Results?

The key reason lies in the recent shifts in the crypto market. Bitcoin fell below the $100,000 mark, and the majority of market activity came from futures trading rather than spot trading. Unlike platforms such as Binance, Bybit, and OKX, Robinhood does not offer crypto futures aggressively, limiting its ability to benefit from this surge in futures volume.

### Understanding Spot vs. Futures Trading Impact

Robinhood’s revenue from crypto is primarily generated through spot trading—where users buy and sell coins directly. The recent Bitcoin price drop from around $105,000 to under $100,000 was largely driven by forced futures liquidations, a different market mechanism that Robinhood does not participate in. Since spot trading did not increase during this volatility, Robinhood’s earnings did not capture the gains that futures-heavy platforms experienced. This discrepancy explains why the stock price reacted negatively despite solid quarterly results.

### Strong Q3 Performance Highlights

– **Revenue:** $608 million
– **Crypto income:** Up 89%
– **Monthly active users:** 12.8 million
– **Earnings per share:** $0.61 (vs. $0.54 estimate)

These numbers paint a healthy long-term outlook. However, the stock price is now more influenced by expectations for the next quarter and broader crypto market conditions.

### Bitcoin’s Decline Weighs on HOOD Stock

Robinhood stock typically correlates closely with Bitcoin’s price movements. As Bitcoin dropped from near $115,000 to around $98,000, HOOD’s share price fell from approximately $150 to $121. This pattern reflects the market’s perception of Robinhood as highly sensitive to crypto market weakness.

Analysts remain divided on HOOD’s potential. Some major firms have set price targets between $135 and $180, signaling upside from current levels. However, caution remains, as sustained pressure on Bitcoin could keep the stock under pressure. Since Robinhood’s earnings rely on spot crypto trading, a sluggish Bitcoin market may limit growth in upcoming quarters regardless of solid past performance.

### Technical Outlook for Robinhood Stock

Following its recent drop, HOOD is now trading below a short-term trend line formed after the decline from the $150 area. A critical resistance level to watch is $138—breaking above this level could indicate renewed buying interest and a potential upward move.

The Chaikin Money Flow (CMF) indicator adds further insight. Although CMF has broken its downward trendline, it remains below zero, indicating that money is still flowing out of the stock. A push above zero on the CMF would be a bullish sign, suggesting stronger inflows that could support a move toward $138.

### What’s Next for Robinhood?

Robinhood’s recent stock decline is not due to weak Q3 fundamentals but rather the unpredictable crypto market dynamics and Bitcoin’s price drop. Since the company’s revenue depends on spot trading rather than the futures market, the current futures-driven volatility limits its ability to capitalize on market swings.

The critical factor for Robinhood’s stock recovery will be Bitcoin rising above $100,000 and a subsequent pickup in spot trading activity. Until then, HOOD’s share price is expected to remain closely tied to the overall crypto cycle and market sentiment.

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**In summary**, while Robinhood delivered strong quarterly results with significant user and revenue growth, its stock price reflects broader shifts in the crypto market, especially the dominance of futures trading where the company has limited exposure. Investors should monitor Bitcoin’s price movements and spot crypto trading volumes for signs of a potential rebound in HOOD stock.
https://bitcoinethereumnews.com/crypto/robinhood-stock-price-slips-after-a-strong-q3-is-crypto-the-real-reason/

Machi Big Brother Bets Big Again with 25x Ethereum Long Amid Market Turmoil

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**Prominent Crypto Trader Jeffrey Huang Makes Bold Return to Ethereum Market Amid Volatility**

*Written by Zabi*

Prominent crypto trader Jeffrey Huang, better known as Machi Big Brother, has made a daring comeback to the Ethereum market despite widespread volatility. Huang reopened a 25x leveraged long position on 100 ETH, valued at roughly $364,240, with only $16,771 in perpetual equity—a sign of his continued bullish stance even after recent heavy losses.

### High Leverage, High Risk

According to on-chain data, Huang entered his position at $3,641.90 per ETH. With Ethereum currently trading near $3,490, the trader is facing an unrealized loss of around $4,958. His liquidation price is set at $3,462.85, meaning a minor market dip could trigger a complete wipeout of the position.

Notably, this fresh long follows the complete liquidation of his previous ETH trade, suggesting that Huang remains confident in Ethereum’s recovery despite mounting market pressure.

### From Massive Gains to Mounting Losses

Blockchain tracking platform Lookonchain reports that Huang’s trading journey has taken a sharp turn. Once, he was sitting on $44.84 million in profits. Now, he faces over $15 million in losses. Following the October 11 market crash, Huang reportedly injected $1.73 million to sustain his long positions. However, his remaining equity has since shrunk to just $16,771—a massive depletion of his trading capital.

### Marketwide Selloff Shakes Traders

The broader crypto market is enduring a steep correction. Bitcoin has fallen below $105,000, trading around $104,511, a 3% decline over the last 24 hours. Ethereum has dropped 6.3% in the same period, hovering near $3,490.

This sharp pullback has triggered a series of forced liquidations across exchanges as leveraged traders struggle to maintain positions. According to Coinglass data, a total of 331,903 traders were liquidated in the past 24 hours, with combined losses exceeding $1.33 billion.

In particular, long traders suffered the most, losing $1.19 billion, while short traders faced losses of about $142 million. The largest single liquidation occurred on Huobi, where a BTCUSDT position worth $47.87 million was wiped out.

### Analysts Eye Critical Support Levels

Crypto analyst Ali Martinez, referencing data from Glassnode, identified $3,120 as a critical demand zone for Ethereum. Around 2.62 million ETH were accumulated near that level.

Furthermore, he noted that below $2,950, the next major support levels for Ethereum lie at $2,870 and $2,530. Martinez suggested these zones could determine whether Ethereum stabilizes or faces further downside pressure.

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### Disclaimer:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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### About the Author
**Zabi** is a crypto enthusiast with more than 10 years of experience managing Google News-approved finance websites. Zabi has a strong background in finance, a thorough understanding of cryptocurrencies, and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages personal stock and finance-related Google News-approved websites.

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### More Market Insights

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– **LMAX Group Strategist Sees Bitcoin Ready for a Full Recovery**
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– **Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3**
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– **Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K in Months**
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– **Analyst Projects What to Expect Next for XRP After Predicting Its Rally in November 2024**
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– **Here’s How High XRP Price Could Go as BlackRock CEO Teases Tokenization of Currencies and ETFs**
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– **Analyst Says It’s Time for Shiba Inu to Rebound, Shares Three Targets**
There is growing confidence in the Shiba Inu community that SHIB could be gearing for a price rebound after severe consolidation.

– **Shiba Inu in 11-Month Bear Market, but Data Shows Explosive Phase Could Happen**
A prominent market analyst has dissected Shiba Inu trends over the past two years, shedding light on its potential bullish phase.

– **Dogecoin Is Following Its First Cycle—Here’s the Target**
Dogecoin shows similarity with its first full bull cycle, which could send the meme coin surging to unprecedented prices later this October.

– **Dogecoin Ready to Rebound—Top Analyst Predicts Bullish Targets**
Prominent market analyst Ali Martinez highlighted possible rebound targets for Dogecoin from recent lows.

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Stay tuned for more updates and in-depth analysis from The Crypto Basic.
https://thecryptobasic.com/2025/11/04/machi-big-brother-bets-big-again-with-25x-ethereum-long-amid-market-turmoil/

Plasma drops 15% – But ONE metric fuels hopes of XPL rebound

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**Key Takeaways**

– Why did Plasma defy typical bearish trends?
Open Interest surged to $255 million despite a 15% price drop, showing renewed trader participation.

– What could drive XPL rebound soon?
A steady Long/Short Ratio above 2.0 and ongoing short liquidations may strengthen bullish momentum.

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Plasma [XPL] dropped nearly 15% in the past 24 hours, extending its slide throughout October. Yet, on-chain data revealed unusual behavior among derivatives traders that could hint at an early-stage rebound—if bulls can sustain their momentum.

### Open Interest Surges Despite the Bearish Drop

Despite the steep decline, Plasma’s Open Interest (OI) rose to $255.08 million, up from lows of around $233 million. Typically, OI contracts when prices fall as traders exit positions. However, this rise suggests new positions are being opened, possibly by institutional traders buying the dip.

This influx of new capital into the derivatives market indicates speculative confidence returning, even amid bearish spot price action.

### Short Liquidations Send Mixed Signals

At the same time, Plasma’s aggregated short liquidations climbed to $1.33 million at press time, compared to just $49,000 in long liquidations. This imbalance reflects growing short pressure being squeezed as volatility rises.

Such a setup could go either way: it might lead to a deeper correction if momentum fades or trigger a rapid bounce if short sellers retreat.

### Plasma Buyers’ Dominance Complements Surging Institutional Interest

At the time of writing, Plasma’s Long/Short Ratio (average) stood at 2.027, indicating that longs outnumber shorts roughly two to one. This dominance often signals increasing trader conviction in a price recovery.

However, whether this optimism holds depends on sustained demand in both spot and futures markets. The combination of short liquidations and higher long exposure currently gives bulls a near-term edge, but only continued accumulation can confirm a trend shift.

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### What Could Be Next for XPL?

In summary, the current setup presents a mixed but potentially optimistic outlook for XPL’s price action. Although the recent sharp decline nearly pushed the token toward collapse, rising open interest and strong buyer dominance suggest growing market confidence.

If bullish momentum continues to build, XPL could be approaching a meaningful reversal. Traders and investors should watch key indicators closely to gauge whether this turnaround will hold.
https://bitcoinethereumnews.com/tech/plasma-drops-15-but-one-metric-fuels-hopes-of-xpl-rebound/?utm_source=rss&utm_medium=rss&utm_campaign=plasma-drops-15-but-one-metric-fuels-hopes-of-xpl-rebound