A major whale investor has boosted their Bitcoin long exposure on the Hyperliquid exchange, coinciding with HyperLabs transferring large amounts of its HYPE tokens to centralized exchanges. This activity reflects growing confidence among whales, with total long positions on Hyperliquid reaching around $3.5 billion. Market odds suggest a moderate chance of Bitcoin hitting higher prices soon, but the probability remains low. Investors should watch whale movements and how the market handles the influx of HYPE tokens, as these factors could affect Bitcoin's liquidity and price volatility in the near term.
Over $684 million in leveraged crypto positions were liquidated within 24 hours, with short sellers facing $422 million in forced closures compared to $261 million from longs. Ethereum led liquidations with $262 million, surpassing Bitcoin's $182 mil...
Bitcoin surged close to $80,000 following the US inflation report showing a slowdown in annual core CPI to 2.4%, the lowest in 66 months. This easing of inflation boosted confidence in both cryptocurrency and traditional markets, with Ethereum also r...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
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 ...
