A pseudonymous trader named Evaded secured $4.6 million in profits by closing long positions in HYPE, ZEC, and ETH. Immediately after, the trader opened a large short position of 990 bitcoins worth about $74.84 million on Hyperliquid, which had already gained $783,000 in unrealized profits. This move signals a bearish outlook on Bitcoin, supported by recent market trends such as significant long liquidations, ETF outflows, and declining futures open interest. The market is closely watching macroeconomic factors, especially Federal Reserve policies, which could influence Bitcoin's near-term direction.
Toncoin (TON) fell 11.15% in 24 hours following a 3.35% Bitcoin correction that erased $85 billion from the crypto market cap. Most liquidations were long positions, signaling bearish sentiment. After reaching $2.9 earlier this month, TON’s price is ...
Bitcoin has ended its longest-ever period of underperformance against the S&P 500 and is now expected to outperform stocks, bonds, and gold amid persistent inflation and high oil prices. Mark Connors, former Credit Suisse portfolio head, highlights t...
Ethereum's price remains stuck just above $2,000 due to major sell-offs from prominent holders and ongoing ETF outflows, causing cautious market sentiment. Despite long-term optimism around Ethereum's role in decentralized finance and upcoming privac...
Bitcoin whale wallets have offloaded 18,447 BTC valued at about $1.42 billion over 96 hours, signaling strategic profit-taking or portfolio shifts at elevated prices. This reduction comes as downside liquidity near $74,000 has mostly been cleared, le...
U.S.-listed spot Bitcoin ETFs experienced outflows of $2.26 billion over two weeks, coinciding with Bitcoin's price falling to around $74,300. These ETFs hold actual Bitcoin, so withdrawals force selling that pressures the market price, contributing ...
