HyperLiquid Trader Liquidated for $100 Million After Bitcoin Bet Unravels – Decrypt
A crypto trader lost $100 million after a highly leveraged Bitcoin bet on Hyperliquid unraveled, despite minimal price volatility. The trader, known for high-risk strategies, had built a 40x long position.
Bitcoin Rally Stalls at $108K as Key Risk Metric Flashes Red, Is Correction Looming?
Bitcoin’s rally pauses at $108K as a key risk metric signals potential correction. Analysts warn of heightened market risk, advising caution and risk management for investors.
XRP Price Slips Again — Is a Deeper Correction Underway?
The article discusses XRP’s recent price decline and explores whether a deeper market correction is imminent, featuring insights from financial expert Aayush Jindal.
Average Ethereum ETF investor ‘substantially underwater’ — Glassnode
Glassnode reports average investors in BlackRock and Fidelity’s spot Ether ETFs face 21% unrealized losses due to ETH’s current price below their cost basis.
Bitcoin reclaims $110K – Now THIS will make or break BTC’s new rally
Bitcoin reaches $110K, entering price discovery. Long-term holders are selling but at lower rates than past cycles, suggesting continued accumulation and potential for further price growth to $120K.
Ethereum ETF inflows hit $71M – Could $2,900 be ETH’s next target?
Ethereum ETFs attracted $71M in inflows, led by BlackRock, signaling institutional confidence. ETH shows strong on-chain activity and bullish momentum, potentially targeting $2,900 if key resistance breaks.
SUI Price Set For $10? Wave 3 Says Double-Digits Is Coming In June | Bitcoinist.com
Analysts predict SUI price could surge to $10 by June based on Elliott Wave analysis, with potential further gains to $16-$18 in later waves. Technical indicators like MACD crossover support bullish outlook.
Bitcoin Short-Term Holders Lock In Gains: Data Suggests The Bull Trend Remains Intact | Bitcoinist.com
Bitcoin is consolidating below $110,000, with on-chain data showing short-term holders locking in profits. The STH SOPR metric indicates healthy profit-taking, suggesting the bull trend remains intact despite macroeconomic uncertainty.
FTX’s $5B distribution meets a market hungry for volume: What to watch for
FTX will distribute $5 billion in stablecoins to creditors starting May 30, potentially impacting market liquidity, exchange flows, and investor behavior in the crypto market.
Bitcoin Price Extends Losses — Is More Downside on the Horizon?
Bitcoin price declines further, testing $104,600 support. Resistance at $107,500 may dictate future movement, with potential for more losses if $104,000 breaks.
