Monero's price briefly surpassed $400, rising nearly 30% since late June, driven partly by a large whale's $36 million long position. Despite this, technical indicators and recent price action suggest the rally may be a pullback rather than a sustained uptrend. Without a breakout above $437 with strong buying volume, Monero could face another drop toward $300. Investors should watch for increased buying pressure to confirm a bullish trend continuation.
A crypto whale has taken a bold position by opening a $14.3 million leveraged long on Monero (XMR) via the derivatives platform Hyperliquid. This move signals strong confidence that Monero's price will rise to between $475 and $516. Such a large leve...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
A newly created wallet deposited $3.56 million USDC on Hyperliquid to open a 4x leveraged long position on 36,000 Monero (XMR) tokens, valuing the trade at about $14.33 million. The trader set take-profit targets between $475 and $516, anticipating a...
Bitcoin rose slightly above $65,000, supported by reports that Iran may reach a deal with Oman to reopen the Strait of Hormuz, easing geopolitical risks. This positive sentiment also lifted Nasdaq 100 futures and stabilized the crypto market after a ...
A crypto whale has opened a $14.3 million leveraged long position on Monero (XMR) through the Hyperliquid platform, betting the privacy-focused coin will rise to between $475 and $516. The whale used 4x leverage to buy 36,000 XMR, setting take-profit...
