A wallet suspected to be linked to a hacker opened a large 40x leveraged short position on Bitcoin worth $25.4 million on the Hyperliquid crypto derivatives platform. The wallet converted 262.78 Ether into about $643,000 in USDC stablecoins, then used those funds to short 305.51 BTC. The liquidation price for this position is set at $84,086.03 per Bitcoin. This significant on-chain derivatives trade was flagged on October 9, highlighting potential market risks from large leveraged positions by suspicious actors.
The story concerns a wallet opening a $25.4 million 40x leveraged Bitcoin short. For readers following the cryptocurrency sector, here is Pluang's market snapshot as of Oct 09, 2026 19:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include GRT at Rp480 with a 1-day change of -3.93% and 90% sell order activity, CAKE at Rp38,621 with a 1-day change of -3.68%, and ADA at Rp4,288 with a 1-day change of -3.64%.
Microsoft's Azure cloud service grew 43%, but the company's planned $115.9 billion capital expenditure for fiscal year 2026 highlights the growing importance of AI infrastructure economics. The shift toward hybrid intelligence may move AI inference t...
XRP's price is currently stuck in a narrow range between $1.30 and $1.59, showing signs of entering a major accumulation phase typical of its 4-year cycle. Historically, XRP experiences extended sideways trading periods lasting about two years, with ...
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
Dogecoin (DOGE) held steady near $0.09 on October 10, showing mixed technical indicators and conflicting derivatives signals. The token traded within a range of $0.08 to $0.09, with momentum indicators like RSI and MACD showing neutral to weak trends...
Cardano's daily active addresses increased to about 27,500 following the launch of CIP-0113, a new token standard enabling programmable Cardano-native tokens with compliance features. This rise in network participation occurred even as ADA's price fe...
