James Wynn opened a 40x leveraged short position of 0.4947 Bitcoin on the Hyperliquid platform on October 23, with the position valued at approximately $40,500. The liquidation price for this trade was set at $82,671.48. This move comes 49 days after Wynn's previous position, indicating a strategic approach to trading Bitcoin with high leverage. Such trades are risky but can yield high returns if the market moves in the anticipated direction.
Bitcoin's market cap on Pluang stands at Rp29.417,86 trillion as of October 24, 2026, 11:01 WIB, with a 24-hour trading volume of Rp390,82 trillion. The price of Bitcoin on Pluang is Rp1.460.134.064, down 1.08% in the past day. Pluang users show a buying preference with 64% of order activity as buys, and the typical holding period is 112 days, indicating a generally longer-term investment approach despite high-leverage trades like James Wynn's.
Bloomberg Intelligence strategist Mike McGlone said that market expectations of three Federal Reserve rate hikes are creating a headwind for Bitcoin, gold, and copper. He warned that Bitcoin could drop to $10,000, linking this potential decline to a ...
Bitcoin traded slightly up at $81,684 while the overall crypto market capitalization dropped 2.62% to $2.76 trillion. Bitcoin makes up 59.4% of the market, with Ether at 10.6%. Among major cryptocurrencies, BNB saw the largest gain, rising 1.87%, whi...
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, warned that several assets including Bitcoin, U.S. natural gas, gold, silver, and various metals could follow a pattern of rising and then retreating in 2026. He emphasized that t...
Crypto commentator Austin Hilton highlighted that limited liquidity and ongoing economic uncertainty are preventing crypto markets from sustaining a strong rally. While positive factors like Bitcoin strength, improved social sentiment, and clearer U....
