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Whale shorts 5M XRP at 20x leverage; Bitcoin could drop to $10K; Ethereum Foundation stakes $143M ETH.

Market News
03 Apr 2026
UToday
View Source
Bearish
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A major whale on Hyperliquid opened a $6.5 million short position on 5 million XRP with 20x leverage, betting on a price drop amid Easter volatility. Japanese analysts warn that Bitcoin could fall to $10,000 in a worst-case scenario triggered by global liquidity collapse and geopolitical tensions. Meanwhile, the Ethereum Foundation shifted its treasury strategy by staking nearly $143 million worth of ETH to earn rewards and fund operations. Bitcoin faces pressure around $67,000 during a low-liquidity Easter weekend, with risks of a sharp price drop if support fails.

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