πΈ Π‘oinglass: Liquidated ~$161 million of LONG positions in 1 hour (#BTC < $122K).
π’ Glassnode: #BTC Futures Open Interest rose sharply as traders added longs during the breakout to new highs.
The current pullback is testing these positions, helping to reset leverage. It will be key to see where buyers step in and whether support levels attract renewed demand.
The current pullback is testing these positions, helping to reset leverage. It will be key to see where buyers step in and whether support levels attract renewed demand.
π° #GRASS raises $10M from Polychain and Tribe Capital. blockworks
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ππ€ #TWT Trust Wallet is massive, over 200 million downloads, multichain support, and full Binance integration.
But surprisingly, the onchain revenue just isnβt there.
But surprisingly, the onchain revenue just isnβt there.
π΅οΈββοΈ 32,322 #BTC (~$3.93B) just moved on-chain from wallets that were dormant for 3 β 5 years. This is the largest 3y - 5y Bitcoin movement of 2025 so far.
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π CryptoRank: #BTC has historically mirrored global M2 liquidity. The current widening gap suggests two possible scenarios:
π Bullish case: Bitcoin may accelerate soon to catch up with liquidity growth, potentially setting new all-time highs.
π Bearish case: If BTC fails to catch up, it would mark a clear weakening of this correlation, possibly signaling the start of a bearish trend or, at the very least, a prolonged period of consolidation.
π Bullish case: Bitcoin may accelerate soon to catch up with liquidity growth, potentially setting new all-time highs.
π Bearish case: If BTC fails to catch up, it would mark a clear weakening of this correlation, possibly signaling the start of a bearish trend or, at the very least, a prolonged period of consolidation.
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ππ #BTC experienced the largest leverage flush today since August 26th.
The Open Interest fell by -5.13% β the most severe single-day wipeout in over 6 weeks.
The Open Interest fell by -5.13% β the most severe single-day wipeout in over 6 weeks.
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π’π€ #BTC Glassnode: Over 95% of the circulating supply has returned to profit. This is a hallmark of euphoria phases, where widespread profitability often fuels accelerated profit-taking and rising market risk.
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ππ° CryptoRank: CeFiβs VC Fundraising Surge Signals Shift Toward Revenue-Focused Projects Over Token-Based Ventures
CeFi and Blockchain Infrastructure absorbed more than 60 percent of all Q3 funding, while DeFi and Chain-related projects accounted for about 25 percent. The once-hyped categories such as GameFi, NFTs, and SocialFi collectively fell below 10 percent, replaced by a focus on revenue, compliance, and scalability.
CeFi and Blockchain Infrastructure absorbed more than 60 percent of all Q3 funding, while DeFi and Chain-related projects accounted for about 25 percent. The once-hyped categories such as GameFi, NFTs, and SocialFi collectively fell below 10 percent, replaced by a focus on revenue, compliance, and scalability.
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ππΈ #ARB Since the start of DRIP, total borrowed value on Arbitrum increased by $344.56M. By the end of this epoch, $1.42M in ARB rewards will be distributed, showing how quickly activity is scaling relative to incentives.
πΊπΈ SEC plans to formalize an "innovation exception" for cryptocurrency companies by the end of this year. coindesk
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πΊπΈπΏ #TRUMP Fight Fight Fight LLC, the issuer of the TRUMP token, plans to raise at least $200 million to create a digital asset treasury (DAT) to accumulate TRUMP. bloomberg
π¬π§πΉ The Bank of England plans to grant exemptions to restrictions on companies holding stablecoins. #regulation bloomberg