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.
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
