Four newly created addresses deposited 1 million USDC into Hyperliquid to open short positions on Bitcoin with 40x leverage, totaling $12.5 million. These large leveraged bets benefit from Bitcoin's price decline and were placed just before the market dropped, indicating notable on-chain activity. The timing and concentration of these trades suggest strategic positioning ahead of the market move, highlighting increased volatility and risk in Bitcoin trading.
Four new addresses opened 40x Bitcoin shorts with $12.5 million in leveraged bets before the market drop. For readers following cryptocurrency market activity, here is Pluang's market snapshot as of Oct 07, 2026 09:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include ENJ at Rp549 with a -7.81% change and 69% sell order activity, MANA at Rp1,749 down 7.75% with 71% buy order activity, and EGLD at Rp74,792 down 7.50% with 57% sell order activity.
Zcash (ZEC) experienced a sharp intraday increase of 2.29%, rising from $1,306 to $1,336 within one hour on October 6. Despite this hourly gain, the token was still down 0.72% over the past 24 hours. During the same hour, both long and short liquidat...
Bitcoin traded near $86,000 as large holders, known as whales, moved from depositing to withdrawing coins from exchanges, signaling a shift in custody rather than immediate selling. Market profitability remains strong, with 73.6% of Bitcoin supply in...
Bitcoin, the largest cryptocurrency by market cap, rose to $84,068 on Binance spot trading, up 0.39% within an hour. The price increased by $193 from $83,875 just 15 minutes earlier. No specific reasons or future price predictions were provided for t...
Bitcoin whales have moved from depositing to withdrawing BTC from exchanges since late August, reducing potential sell pressure during volatile periods. This shift coincides with whales and other large holders being profitable at current prices aroun...
Ether (ETH) long-position liquidations surged to $52.41 million within an hour as its price fell 2.14% from $2,669 to $2,612. Total liquidations for Ether reached $52.84 million, with long positions responsible for nearly all forced closures, while s...
