In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.
Story Tags
Cointelegraph
Latest news and analysis from Cointelegraph
Related Articles
Zcash Enters Top 20 Cryptos Amid Privacy Narrative Resurgence
Zcash (ZEC) has surged into the top 20 cryptocurrencies by market capitalization, reaching the 17th position with an $8.53 billion market cap, surpassing SUI and Hedera (HBAR). This privacy-focused to...
1 min
Wintermute Sees Recycled Crypto Liquidity as Bitcoin Inflows Plateau, Hinting at Possible Revival
Recycled liquidity in crypto is driving the current market cycle, according to Wintermute, as inflows from stablecoins, ETFs, and digital asset treasuries have plateaued. This internal recycling susta...
1 min
Trump’s Push for U.S. Bitcoin Superpower Status May Bolster Dollar Stability
President Donald J. Trump has pledged to position the United States as the global crypto leader by establishing a Strategic Bitcoin Reserve and enacting the GENIUS Act for stablecoins, aiming...
1 min