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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?
- 19:36DeFi Development Agrees to Acquire a Solana Validator Node for $3.5 MillionAccording to The Block, real estate software company and SOL asset accumulator DeFi Development Corporation has agreed to acquire a Solana validator node for $3.5 million. The acquisition will be completed through the issuance of $3 million in restricted stock and a $500,000 cash payment.
- 19:34Republicans Release Draft Proposal for Cryptocurrency Industry RegulationLeaders of the U.S. House Financial Services Committee and Agriculture Committee from the Republican Party have released a discussion draft ahead of a planned House hearing on the digital asset industry, aiming to establish regulations to oversee the cryptocurrency sector. The draft includes provisions regarding the powers of the SEC and CFTC, and proposes pathways for securities exchanges to raise funds and register for digital commodity trading.
- 19:29Riot Platforms Sells Mined Bitcoin for the First Time Since January 2024, Netting $38.8 MillionRiot Platforms, one of the publicly traded Bitcoin mining companies, stated on Monday that it sold the Bitcoin mined in April, marking the first sale of mined Bitcoin by the company in over a year. The company sold 475 BTC, with net proceeds of approximately $38.8 million. This sale included 463 BTC mined in April and an additional 12 BTC from reserves. The last time Riot sold a significant amount of Bitcoin was in January 2024.