A new wallet opened a 5x leveraged long position on 3,000 Monero (XMR) worth about $1.77 million on Hyperliquid, even as XMR price fell below $600. The trader deposited four million USDC, indicating a strong margin buffer and a plan to hold through volatility rather than quick gains. Despite the recent dip, technical indicators and support levels suggest the overall uptrend remains intact, with key support near $577 and potential resistance around $620 to $660. This large leveraged trade signals confidence from a significant player but does not guarantee price direction, so traders should watch for price action around these levels.
While the article highlights a large 5x leveraged long on Monero below $600, on Pluang XMR trades at Rp1.934.530 as of Oct 29, 2026 15:31 WIB, showing a 1-day gain of 2.41%. This price sits well above the key support near $577 mentioned in the article. The market cap of Rp35,12 trillion and a 24-hour volume of Rp937,45 million indicate solid liquidity and investor interest in XMR compared to its recent price volatility.
A newly created wallet deposited $4 million in USD Coin (USDC) to the Hyperliquid platform and opened a 5x leveraged long position on 3,000 Monero (XMR), valued at about $1.77 million. This position is significantly lower in value than the initial de...
In 2024, three groups of tokens—trading, artificial intelligence (AI), and privacy tokens—have outperformed Bitcoin. Trading tokens like VVV surged 1,431%, driven by fee revenue from speculative trading and buybacks supporting token value. AI tokens ...
Akedo (AKE) saw a sharp 21.93% drop in value over 24 hours, leading declines among the 90 largest non-stablecoin cryptocurrencies. Other notable losses included Pearl (6.81%), Aerodrome Finance (5.75%), and Morpho (5.29%). Meanwhile, only 25 of the t...
Kraken's co-CEO Arjun Sethi apologized for sending emails to Monero (XMR) buyers asking for sensitive information like employer details and bank statements, calling the emails "wrong" and "unacceptable." These emails, which questioned the purpose of ...
