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Share link:In this post: Whales panic-sold ETH, in addition to the series of liquidations. One whale on Maker added collateral to push the liquidation price down to $912.02. The Seven Siblings whale started buying again at around $1,700, signaling the local low may be near.
Share link:In this post: The popular Hyperliquid whale is active again with a new 20X leveraged long on Ethereum. The position started at $1,459, suggesting ETH may bounce without reaching the liquidation price. Hyperliquid remains relatively stable, despite recent ETH position liquidations and the JELLY token price manipulation.
Bitcoin battles everything from a "death cross" to record low sentiment as US trade tariffs wreak havoc across global markets — will 2021 prices return?
- 16:35Bloomberg: Stablecoin Legislation Coalition Faces Rift as Democrats Threaten FilibusterAccording to Bloomberg, a bipartisan coalition supporting stablecoin legislation in the U.S. Senate has fractured due to a group of key Democratic senators threatening to use a filibuster unless the bill undergoes "numerous" amendments. Republicans had originally hoped to pass the bill this month. Newly appointed pro-crypto Senator Ruben Gallego from Arizona led this statement. He had supported the bipartisan bill in the Senate Banking Committee, which aims to regulate cryptocurrencies pegged to the U.S. dollar. This Saturday, he, along with eight other Democratic senators, issued a statement warning that they would filibuster the latest draft of the bill.
- 16:35DeFi Dev Corp. acquires a Solana validator node for $3.5 millionAccording to The Block, DeFi Dev Corp. (DFDV) announced that it has acquired a Solana validator business with a delegated staking scale of 500,000 SOL, valued at approximately $72.5 million. This acquisition will be completed through the issuance of $3 million in restricted stock and a cash payment of $500,000, totaling approximately $3.5 million. The company stated that this acquisition will help accelerate its financial strategy, expand SOL exposure, and strengthen Solana's decentralized infrastructure, with all staking rewards being directly credited to DFDV's revenue.
- 16:34Arkham: BlackRock Increased Bitcoin Holdings by $2.5 Billion Last WeekOn-chain data analysis platform Arkham disclosed data on the X platform, revealing that BlackRock purchased an additional $2.5 billion worth of Bitcoin last week, equivalent to an additional $500 million worth of Bitcoin purchased each working day. BlackRock's additional purchases this week are worth noting.