✏️ Arthur Hayes posted a new article predicting market volatility, especially until the U.S. government shutdown ends. Noted that since the four-year #BTC cycle is near, many will take this period of market weakness as a top and sell the portfolio.
🍿 #FTT On Tuesday before the U.S. Court of Appeals for the Second Circuit, SBF's attorney argued that clients would have gotten refunds if there had been enough time. However, the justices rejected that claim. theblock
📊 #BTC CQ: Short-term holders (STH) continue to send their BTC to exchanges at a loss. Just yesterday we saw ~30,300 BTC sent to exchanges, reflecting a growing wave of capitulation among recent buyers.
Every time the price tries to recover and reaches the STH realization price (currently ~$112,500), we see immediate profit taking or breakeven exits. These reactions create resistance and make it difficult for price to rise.
Every time the price tries to recover and reaches the STH realization price (currently ~$112,500), we see immediate profit taking or breakeven exits. These reactions create resistance and make it difficult for price to rise.
🐳 Despite the recent drop in #ETH , many whales have been buying the drop, accumulating 323,523 ETH ($1.12 billion) in the last 2 days.
🔍🐳 Whale Transactions:
1. Miner MARA transferred a total of 2348 #BTC ($236 million) to CEX;
2. HEX, PulseChain, and PulseX founder transferred 112,978 #ETH ($366.4 million) to Tornado Cash;
3. BTC OG (1011short) invested another $20M into HyperLiquid to continue to increase his longs in #BTC and #ETH.
Current positions:
- 600 #BTC ($60.9 million), Entry: $104,785.9, Liquidation: $43,160;
- 13,000 #ETH ($43 million), Entry: $3,444.81, Liquidation: $593.38.
1. Miner MARA transferred a total of 2348 #BTC ($236 million) to CEX;
2. HEX, PulseChain, and PulseX founder transferred 112,978 #ETH ($366.4 million) to Tornado Cash;
3. BTC OG (1011short) invested another $20M into HyperLiquid to continue to increase his longs in #BTC and #ETH.
Current positions:
- 600 #BTC ($60.9 million), Entry: $104,785.9, Liquidation: $43,160;
- 13,000 #ETH ($43 million), Entry: $3,444.81, Liquidation: $593.38.
💰 Canaan miner raises $72 million from top investors including Brevan Howard and Galaxy Digital. theblock.co
🕵️♂️ Whales close shorts and move into longs:
1. 0x9263 closed shorts and opened longs on #ETH, #BTC, #SOL and #UNI. He has made 20 profitable trades since Oct. 1 for a total profit of $23.7 million;
2. Whale moved from short to long 32,802 #ETH ($109 million). Also holds shorts #ASTER, #kPEPE, long #DOGE.
1. 0x9263 closed shorts and opened longs on #ETH, #BTC, #SOL and #UNI. He has made 20 profitable trades since Oct. 1 for a total profit of $23.7 million;
2. Whale moved from short to long 32,802 #ETH ($109 million). Also holds shorts #ASTER, #kPEPE, long #DOGE.
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📊 #BTC CQ: If the bulls manage to defend the $101k level, this drop could be categorized as an aberration and a buying opportunity. However, if the price fails to hold, closing the day below this level would deal a serious blow to the bullish market structure.
🤔 #BTC Investment director Bitwise says retail investors are in a state of "maximum desperation". This usually precedes a bottom. Predicts BTC will end the year at a new ATH. cnbc
🇨🇭🤝 #BTC Adam Back and Switzerland’s FUTURE Secure 28 Million Swiss Francs to Build Bitcoin Treasury. coindesk
📉 #NFT's market capitalization has fallen 46% in just 30 days. cointelegraph
🇺🇸🍿 In Virginia, New Jersey, New York, Democrats won gubernatorial elections, all of them promising to tighten regulation of cryptocurrencies.
Analysts see the results as a potential sign that Republicans could lose control of Congress in 2026, which could affect the Trump administration's political agenda.
Analysts see the results as a potential sign that Republicans could lose control of Congress in 2026, which could affect the Trump administration's political agenda.
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📊👀 #BTC CQ: If we look at momentum, the market should start attempting to recover. In addition, a large number of short positions have accumulated, which could become fuel for a rally.
From a technical perspective, the market is oversold, however, history shows that recovery usually requires a period of consolidation.
From a technical perspective, the market is oversold, however, history shows that recovery usually requires a period of consolidation.
🇯🇵 #BTC Metaplanet raises $100M loan secured by BTC to buy BTC and buy back shares. cointelegraph
👍 #ASTER CEO Aster said the team plans to create a privacy-focused public network with zero gas fees to serve traders. x