@SantimentData reports rising open interest in $BTC, $ETH and $SOL as crypto markets recover, warning that higher leverage could worsen sell-offs through cascading liquidations. #Update #Crypto $BTC
Hyperliquid saw a record liquidation of Garrett Bullish’s $700M long position, resulting in a $270M loss and triggering $2.58B in crypto futures liquidations. #Breaking #Crypto $BTC (-8) ↘
Bitcoin surged near $92,000 amid speculation of Federal Reserve interest rate cuts, while Texas endorsed cryptocurrency with a $10 million Bitcoin purchase. #Update #Crypto $BTC
A degen gambler lost $5.5M on HyperLiquid after shorting $BTC, $XRP, and $ZEC with leveraged positions totaling $168M; remains in bearish trades worth $115M on GMX. #Update #Crypto $BTC
An ETH$29.1M liquidation on Hyperliquid led a $1.19B wipeout as 90% of liquidations hit longs, with $448M in ETH and $278M in BTC affected. #Update #Crypto $ETH
The U.S. Department of Justice plans to sell $6.5 billion in Bitcoin linked to Silk Road, but @intotheblock reports the market can absorb this without disruption, despite past volatility from large sales. #Update #Crypto $BTC (+3) →
Russian bailiffs are liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, confiscated from Marat Tambiev in a significant crypto bribery case involving the Infraud Organization. #Breaking #Legal $BTC (+8) ↗
