An anonymous investor opened a $100.72 million short position on Ethereum using 23x leverage on the Hyperliquid platform, with a tight liquidation price near $2,150. This move challenges Ethereum co-founder Vitalik Buterin's recent pledge to reduce ETH sales by the Ethereum Foundation. The short position risks automatic liquidation if ETH price rises above $2,149.84, potentially triggering a short squeeze that could push prices higher. Meanwhile, institutional interest in Ethereum appears to be waning, with significant ETF outflows and major investors reducing exposure, signaling a critical phase for Ethereum's market direction in the near term.
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
Ethereum (ETH) price recently broke out of a descending trendline, trading near $1,928 with a 5.2% gain in 24 hours. Futures open interest surged to $19.8 billion, the highest since early June, indicating renewed trader confidence and new capital ent...
Bitcoin surged above $65,000 and Ethereum passed $1,900 after US Producer Price Index data showed inflation cooling more than expected. The weaker inflation readings reduced market expectations for a Federal Reserve interest rate hike in July, boosti...
The US government moved about 4,820 ETH worth $9.29 million to Coinbase Prime from wallets linked to the FTX and Alameda Research collapse. This transfer is part of a systematic effort to liquidate billions in seized crypto following the 2022 FTX imp...
