US EditionCrypto Whale Who Nailed the October Crash Opens $55M BTC and ETH Longs
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HyperUnit Opens $55 Million Long Position in Bitcoin, Ether – #CryptoUpdatesGNIT
The crypto whale that made $200 million from the US-China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again. Crypto analytics platform Arkham was one of the first to identify the whale’s new long positions in an X post on Monday, which comprises a $37 million Bitcoin long position and an $18 million Ether long position on the decentralized derivatives exchange Hyperliquid. Referred to as the…
Bitcoin approached the levels seen during the massive collapse of early October when it fell momentarily below USD $106,000 this Monday, triggering a cascade of long settlements for more than USD $1 billion. *** Bitcoin fell under USD $106,000 approaching the critical levels of the collapse early in October. The price drop has expanded the cascade of long settlements: more than USD $1 billion in 24 hours. The cryptic market is facing a new test …
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