A bitcoin whale on Hyperliquid opened a highly leveraged long position of 911.55 BTC, worth about $70 million, with 40x leverage. The current bitcoin price is less than 1% above the liquidation price of $76,308.60, meaning a small drop could trigger forced liquidation and a large sell-off. This highlights the crypto market's volatility and contrasts with Michael Saylor's long-term buy-and-hold approach, as he tweeted simply: "Just buy Bitcoin." Upcoming macroeconomic events like the Fed's interest rate decision and inflation data could further impact bitcoin's price in the coming days.
Bitcoin holders who bought six to twelve months ago have sharply reduced their transfers to exchanges, dropping from 40.4% in June to 4.4% in October, suggesting less immediate selling pressure from this group. Meanwhile, two large whale transactions...
Bitcoin remains the most searched cryptocurrency as of Oct. 17, holding a $1.64 trillion market capitalization despite a 0.54% price decline to $81,432. Other top searched tokens like Injective, Derive, and Quant also saw price drops ranging from 2% ...
On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...
U.S. spot funds linked to Bitcoin and Ether experienced net withdrawals totaling $548.5 million over five trading sessions ending October 16. Ether funds accounted for $320.1 million of these outflows, while Bitcoin funds saw $228.4 million withdrawn...
Among the 90 largest cryptocurrencies by market cap, 75 declined over the past 24 hours, with LayerZero (ZRO) experiencing the largest loss of 12.89%, falling to $1.95. Celestia (TIA) led the gainers, rising 9.11% to $0.726. Other notable movers incl...
