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Crypto liquidations reached nearly $300 million last week, driven by a rapid surge in Bitcoin’s price. This event highlights the growing need for secure, flexible wallets that help users manage unpredictable market shifts.
Plus Wallet meets this demand, enhancing users’ financial freedom with cross-chain compatibility, robust security, and passive income opportunities. Its wide range of features helps users stay on top of market trends, empowering them with full control over their assets.
Meanwhile, another crypto management tool, Bitget Wallet, has announced a partnership with 1inch. The collaboration aims to enhance its multichain swap functionality and improve users' trading experience.
Crypto liquidations reached nearly $300 million last week. This occurred primarily due to a sudden surge in Bitcoin’s price. Short positions faced the biggest hit, with over $206 million liquidated as Bitcoin broke key resistance levels.
The trend shifted quickly, as the following day saw long positions liquidated for over $187 million, while shorts accounted for another $123 million. This event marked the second-largest liquidation event of the month, following a massive $500 million liquidation earlier this month on October 1st.
Bitget Wallet has established a partnership with 1inch, a decentralized exchange (DEX) aggregator, allowing users to connect Bitget Wallet directly on the 1inch platform for trading. This collaboration follows Bitget Wallet’s earlier integration of 1inch, which aimed to enhance its swap functionality and improve pricing.
According to Alvin Kan, COO of Bitget Wallet, swaps are a core offering, and this partnership seeks to strengthen Bitget’s position as a multichain wallet. Kan also mentioned the potential for future joint initiatives with 1inch to further enhance user value and rewards.
In a market overflowing with options, Plus Wallet stands out with its user-centric approach, combining flexibility, convenience, and security to give users the best trading experience.
Plus Wallet’s cross-chain functionality makes it easy for users to trade assets across multiple networks. Meanwhile, its interface is designed to be straightforward and intuitive, removing the usual complexities users face when managing assets on traditional wallets.
Plus Wallet’s clean and organized design allows users to access different blockchains easily, letting them discover new opportunities and enjoy greater financial freedom. Plus Wallet’s straightforward approach works for experienced holders, like NFT traders, and those new to crypto. This way it helps everyone manage their tokens with confidence.
Add Plus Wallet’s strong security and unlimited rewards to this mix, and users get a well-rounded crypto solution that provides full control over their assets. By removing the barriers commonly found in cross-chain operations, the wallet allows users to maximise their potential gains and avoid unnecessary distractions. These features make Plus Wallet one of the top NFT wallets available today, making even complex crypto tasks easy to handle.
The recent crypto liquidations highlight the market’s inherent volatility. In this environment, users need a wallet that keeps them informed and ready to respond to all market conditions, while also giving freedom to explore promising projects.
Bitget Wallet’s partnership with 1inch enhances trading options and strengthens its position as a multichain wallet. However, Plus Wallet is an unmatched option for both seasoned traders and beginners. With multi-chain access, strong security, and unlimited rewards, it addresses all the key needs of crypto traders. Its flexibility has also increased its popularity as one of the top NFT wallets today.
Explore Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
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