A wallet on Hyperliquid has opened a $100.33 million short position on Ethereum (ETH) with 23x leverage, betting that ETH's price will not rise above $2,149.84. The position will be liquidated if ETH's price increases by less than 2% from the entry price of around $2,109. This high-risk trade highlights growing large-scale leveraged activity on Hyperliquid, which has processed over $176 billion in trading volume in 30 days and attracted institutional players due to its onchain settlement removing counterparty risk. If liquidated, the large ETH position will flood the market with 47,604 ETH, potentially impacting supply and price dynamics.
Investor Kevin O’Leary expressed skepticism about Ethereum's future as the dominant blockchain network during the Avalanche Summit. Despite Ethereum's current leadership in decentralized applications and DeFi, O’Leary highlighted concerns over its sc...
GSR’s Core3 model portfolio shifted its allocation on September 23, increasing Solana (SOL) to the largest share at 45.7%, up 22.7%. Ether (ETH) also rose to 31.5%, while Bitcoin (BTC) dropped to 22.8%, the smallest allocation despite its stable vola...
Ethereum's price fell below $2,700 on September 23 after a failed attempt to break above $2,800, dropping as low as $2,648. Despite this pullback, US spot Ethereum ETFs saw significant net inflows totaling $432.2 million over two days, indicating str...
A sharp correction in Bitcoin, XRP, and Ethereum triggered a massive forced liquidation wave, with long positions losing $359.45 million out of $504.62 million total liquidations. The imbalance peaked at 3,049% in the final hour, mostly hitting buyer...
Ethereum's price has fallen over 10% year-to-date in 2026, yet analyst sentiment has shifted bullish since late July, with a strong buy consensus as of September 23. The price rallied over 33% in six months, reaching $2,660 recently, supported by mor...
