Bitcoin Magazine
16.2K subscribers
7.22K photos
694 videos
3 files
4.47K links
Download Telegram
๐Ÿณ Whale 0x985f deposited 9.5M $USDC into HyperLiquid in the past 5 hours to short oil with 20x leverage.

Positions:
94,512 xyz:CL ($8.17M)
68,974 xyz:BRENTOIL ($6.15M)

He also shorted multiple tokens, including $HYPE, $PUMP, $XPL, $APT, and $ASTER. link

Free Academy & VIP Access
๐Ÿ“ˆ $71,000 Bitcoin

Free Academy & VIP Access
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’ฐ Cryptocurrency PAC Spends $8.6 Million on Pre-Election Campaign in Illinois

The funding aims to support pro-cryptocurrency candidates ahead of the midterm elections in the United States. link

Free Academy & VIP Access
๐Ÿ“Š๐Ÿ‘€ CQ: #BTC is trading 24% below STH cost basis. Short-term holders are trapped underwater. The real supply overhang is now concentrated in the $87K-$99K zone.
๐Ÿ™… $SOLO has been delisted from Bybit spot trading. link

Free Academy & VIP Access
๐Ÿ•ต๏ธโ€โ™‚๏ธ Blackrock deposited 1,133.78 $BTC worth $80.24M and 27,189 $ETH ($56.1M) into Coinbase and likely to deposit more. link

Free Academy & VIP Access
๐Ÿ™‹โ€โ™‚๏ธ #AI BingX has announced the launch of BingX AI Skills Hub as part of its AI-native trading infrastructure. This feature allows users to interact with AI agents through natural language for tasks such as market data queries, trend monitoring, position viewing, order confirmation, and account management. Currently, it includes 15 skill modules covering perpetual futures, spot trading, and account management, supporting multi-skill workflows to enhance automation and ease of use in crypto trading. link

Free Academy & VIP Access
๐Ÿ“Š RWA.xyz data shows that the total on-chain value of tokenized stocks has surpassed $1 billion.

Ondo Finance and Backed Finance's xStocks platform dominate the majority of tokenized stock issuance and trading market share, with Ondo Finance accounting for approximately 58% and xStocks around 24%, forming an early duopoly in the sector. #rwa link

Free Academy & VIP Access
๐Ÿง‘โ€๐Ÿ’ป StarkNet to Deploy STRK20 Framework Enabling Privacy-Focused Stablecoins and Other Assets: The Block #stablecoin

Free Academy & VIP Access
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ #macro USA - ADP Nonfarm Employment (week) = +15.5k (expected โ€” / previous +12.75k)

Free Academy & VIP Access
๐Ÿ“Š What Ethena is telling us about the crypto market: Ethena's deployed capital has dropped to a multi-year low, at just 71% of its 2025 trough, signaling extremely weak net long demand in crypto.

Directional longs and shorts are nearly balancedโ€”a rare equilibrium in crypto derivatives history that is unlikely to last. Perpetual futures show stable open interest but persistently negative funding rates, reflecting rising hedging and short demand.

Ethena's basis trades have shrunk over 60% since February 8, falling from over $2 billion to under $800 million, mainly due to unwinding of profitable but unsustainable basis positions and pressure from directional shorts and hedging activity. link

Free Academy & VIP Access
๐Ÿ•ต๏ธ Global Crypto Mining News in February:

Bitcoin mining difficulty surged nearly 15% to a record 144.4T, the largest absolute increase ever.

Bitdeer liquidated its entire proprietary $BTC holdings and planned $300M+ convertible notes for expansion.

Macro pressures from Trumpโ€™s 15% tariff hike drove $BTC below $65,000 with $230M long liquidations.

Canaan acquired 49% of Cipher Miningโ€™s ABC Projects for $39.75M. #macro link

Free Academy & VIP Access
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: +2,070 $BTC (+$146.4M)
7D NetFlow: +4,197 $BTC (+$296.8M)

Ethereum ETFs:
1D NetFlow: -24,138 $ETH (-$49.63M)
7D NetFlow: -29,688 $ETH (-$61.04M)

Solana ETFs:
1D NetFlow: -33,350 $SOL (-$2.9M)
7D NetFlow: +38,947 $SOL (+$3.39M)

Free Academy & VIP Access
๐Ÿ—ฃ Elon Musk says "X Money" early public access to launch next month.

Free Academy & VIP Access
๐Ÿ˜ฑ1
๐Ÿณ After making huge profits in $BTC and $ETH, the whale โ€œpension-usdt.ethโ€ has now opened a $CL long position with 2x leverage.

The whale still holds its $BTC (3x) short position: 1,000 $BTC valued at $69.89M, with a floating loss of $1M. link

Free Academy & VIP Access
๐Ÿ•ต๏ธ Michael Saylor's strategy is estimated to have already bought 452 $BTC so far this morning. This amount exceeds the current daily mined bitcoin.

Free Academy & VIP Access