A wallet linked to Singapore-based Matrixport deposited $10 million USDC to open a $17.44 million leveraged long position on Ethereum at 20x leverage on Hyperliquid. This trade is part of a larger pattern of institutional-scale leveraged ETH longs by Matrixport-linked addresses, ranging from 30,000 to 120,000 ETH at 15x to 20x leverage. These large positions can significantly impact the market when opened or closed. Matrixport, licensed by Singapore's Monetary Authority, manages over $10 billion in assets and uses decentralized platforms for these trades. Retail investors should be cautious as following such high-leverage trades carries significant liquidation risk.
Between June 3 and August 27, Ethereum exchange balances fell nearly 18%, with 1.4 million ETH withdrawn from exchanges even as the price rose about 27% since mid-August. In contrast, Bitcoin exchange balances slightly increased by 0.25% during the s...
Ethereum holders have withdrawn 1.4 million ETH from exchanges during a 27% price rally, reducing exchange reserves by 18% since June. This unusual trend shows investors moving ETH to staking rather than selling, as the price reached $2,528. Unlike B...
Cryptocurrency markets display a range of price movements with Bitcoin trading above $80,000, up 3.03%. Ethereum and Binance Coin also show gains, while altcoins like Solana surged nearly 12% and VeChain (VET) jumped over 29%. These fluctuations indi...
The XRP Ledger (XRPL) has reached a major milestone by surpassing 5 billion transactions, highlighting its growing use in payments, tokenization, and decentralized finance. Over the past 90 days, XRPL recorded $1.9 billion in real-world asset inflows...
Bitcoin surged about 28% in August 2026, recovering from a 21-month low but still 37% below its October 2025 peak. The rally was driven by US Treasury bond buybacks, renewed regulatory clarity, and short position liquidations. While the overall crypt...
