This guy is up $14 Million in a week.
Trader ‘pension-usdt.eth’ made over $3 Million shorting $100M of BTC, then went all-in short on ETH. He’s up $5.8 Million on that trade as well.
In total, his account has gained $14 Million since the market crash began at the start of this month. Will he keep the streak going?
It appears that an Arca-connected wallet lost $100K on Polymarket this morning.
This Polymarket wallet received deposits from, and is signed by, an Arca wallet. It spent $100K on YES for the “Did Microstrategy Sell BTC By May 31st” market at an average price of 0.5c.
The market expired to 0.
$1.6 BILLION LIQUIDATED
$1.61 Billion notional value was liquidated from the crypto market in the past 24 hours. 85% of liquidations were long positions.
Stay safe traders.
Did Zcash go down yesterday?
Zcash is a privacy-focused cryptocurrency that lets users shield transactions from public view. On Wednesday, several block explorers showed no new ZEC blocks for hours, sparking claims that the network was down.
Our research team investigated what happened. Check it out below:
This whale made $3 Million shorting BTC. Now he’s short ETH.
On-chain whale trader ‘pension-usdt.eth’ just closed out his $100M BTC short for $3.2M profit, then re-opened a short on ETH.
He’s now short $91.35M of ETH and is up $2.4M already.
Are the Winklevoss Twins selling Bitcoin?
The Winklevoss Twins just transferred 1000 BTC ($67.5M) from Gemini Custody into Gemini Hot Wallet.
Typically, a transfer to an exchange Hot Wallet indicates intent to sell. Are they selling?
The Winklevoss Twins owned around 1% of the BTC circulating supply in 2014.
They made over $1 Billion on Bitcoin all-time.
Currently, they still hold $692 Million. What a trade.
Is Bitcoin still in a Four Year Cycle?
For over a decade, Bitcoin has followed a recurring pattern around its halving events: accumulation, bull market, euphoria, and bear market.
Our research team wrote a guide covering previous cycles, and why they happen. Check it out below:
THIS MASSIVE TRADER JUST BROKE EVEN ON HIS $100M SHORT
“pension-usdt.eth” has been shorting $100M of Bitcoin for 2 months now. He shorted $97 Million of Bitcoin at an average price of $69.42K. At the BTC price peak in May, he was down $18 MILLION.
He just broke even. What's next?
THE HYPE FLYWHEEL
HYPE has become the 9th largest cryptocurrency, hitting new all-time highs while BTC and ETH struggle. What's driving the move? Protocol buybacks, institutional ETF demand, commodities and stock perps, and growing pre-IPO markets on Hyperliquid.
Our research team broke down the flywheel behind HYPE's rise. Check it out below: