Ethereum surged nearly 18% in a sharp breakout, briefly reaching close to $2,300 after weeks of trading sideways around $1,800–$1,950. This rally was driven by the US Treasury doubling its buyback operations for long-term government debt, which lowered yields and boosted risk assets including crypto. The move triggered $1.1 billion in ETH liquidations, mostly from short sellers covering positions. Ethereum now faces resistance near $2,300, with $2,400-$2,500 as the next target if it sustains the breakout, while $2,100-$2,150 serves as key support. The main question remains whether demand can hold after the short squeeze fades.
Bitmine has increased its Ether (ETH) holdings to over 6 million tokens, representing 4.9% of Ethereum's total supply. The company holds 6,001,302 ETH, valued at $2,698 each, alongside other assets worth $17.2 billion. With 5,067,309 ETH staked, Bitm...
BitMine added 17,362 Ether last week, raising its total holdings to over 6 million ETH, about 4.9% of Ethereum's supply. Since starting its ETH treasury strategy in June 2025, BitMine has consistently increased its holdings. The company has staked 84...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
Bitcoin and Ethereum have lost significant market capitalization recently, with Bitcoin dropping about $44.8 billion and Ethereum $8.9 billion in 24 hours. Former fund manager Aksel Kibar warns these cryptocurrencies must quickly rebound from current...
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
