Ethereum Shorts Surge on Binance Risk
Ethereum’s derivatives market on @Binance shows increased short positions, risking a squeeze as $ETH rises 35% since February. Funding rates turning positive may shift market dynamics. #Update #Crypto $ETH
Ethereum’s derivatives market on @Binance shows increased short positions, risking a squeeze as $ETH rises 35% since February. Funding rates turning positive may shift market dynamics. #Update #Crypto $ETH
@BigCheds suggests Bitcoin ($BTC) may be forming a bullish head-and-shoulders pattern, potentially leading to a breakout above $76,000, currently trading at $74,527. #Update #Crypto $BTC (+5) ↗
@Bitmine reported a $3.8 billion net loss for Q1, with outstanding shares doubling and 4.87 million $ETH held at an average cost of $2,206; unrealized losses total $3.78 billion. #Update #Crypto $ETH
Ethereum price surged above $2,365 but failed to clear $2,400 resistance, consolidating above $2,300. A breakout above $2,400 could target $2,480. #Update #Crypto $ETH
CoW Swap’s front-end was compromised, leading to an estimated $500,000 in user losses; the protocol is paused but smart contracts remain unaffected. Vitalik Buterin recently used the platform. #Update #DeFi
The Ethereum Foundation launches a $1M audit subsidy program to aid smart contract developers, with support from Chainlink Labs and over 20 audit firms. #Update #Crypto $ETH
@EthereumFndn launches a $1M “Audit Subsidy Program” to enhance smart contract security by partnering with top audit firms, part of its broader Trillion Dollar Security Initiative. #Update #Crypto $ETH
Bitmine Immersion Technologies buys 71,524 $ETH, reaching 4% of total supply, with holdings now at $11.8B. Ethereum retests support zone amid geopolitical tensions. #Update #Crypto $ETH
Large Ether investors are regaining profitability, boosting prospects for a rally towards $3,000, though resistance at $2,800 may hinder progress. #Update #Crypto $ETH
Ethereum’s largest holders, holding over 100,000 $ETH, have returned to profitability after a brief unrealized loss state, historically signaling potential rallies. #Update #Crypto $ETH
Ethereum’s impending “Death Cross” suggests a market bottom may be near, indicating potential price movements for $ETH. #Update #Crypto $ETH
Ethereum ETFs saw inflows of $187.07M from April 6-10, the best weekly performance since January; Bitcoin ETFs attracted $786.31M, while XRP-ETF led altcoins with $11.75M. #Update #Crypto $ETH
On Monday, @Bitmine purchased 71,524 $ETH for $157.49M, raising total holdings to 4,874,858 $ETH worth over $10.6B amid growing Ether staking activity and geopolitical tensions. #Update #Crypto $ETH
A vulnerability in @Hyperbridge allowed a hacker to mint 1 billion $DOT tokens on Ethereum, resulting in a loss of $237,000 due to low liquidity. #Breaking #Crypto $DOT (-8) ↘