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If you’re wondering who’s pulling the strings behind 0G’s dramatic nosedive, look no further than the perpetual traders. They’ve been busy emptying their pockets, with a cool $18.3 million bailing out of the market. Oh, and did we mention that the Open Interest-Weighted Funding Rate is a delightful -0.0879%? That’s not exactly the party vibe you’d hope for. 🍸
Whales are buying $XPL.
0x8393 sold 249,999 $HYPE($10.5M) and bought 7.92M $XPL.
0xcc07 deposited 6.27M $USDC into #Hyperliquid and bought 5.28M $XPL at $1.19.
0xF555 deposited 6M $USDC into #Hyperliquid and bought 5.7M $XPL at $1.05.…
Trust Wallet – the self-custody wallet that’s been downloaded more than you can say ‘cryptocurrency’ in one breath – has introduced Trust Moon. It’s like a cosmic stepping stone designed to help projects not just launch, but moonwalk with unmatched distribution and ecosystem support. Because who wants to be left behind, right?
Apparently, using Bitcoin’s 10-year seasonality trends (yes, it’s a thing), he’s predicting BTC could hit $200,000 by June 2026. And if the stars align (or the seasonality repeats), it might go even higher. Because why stop at $200K when you can aim for the moon? 🌕💸
Institutional Moves: The Wolves Are Circling
The crypto world is split faster than a bad Tinder date. Some analysts are waving red flags 🚩, screaming “bear market!” while others are sipping champagne 🥂, whispering, “Buy the dip, darling.” Because, you know, nothing says “long-term accumulation” like a 1.84% drop in 24 hours. 📉✨
It’s fallen, hasn’t it? Like a very expensive, digital stone. Investors are…concerned. Which is putting it mildly. It’s all very dramatic. A string of support levels waving a little white flag, and liquidations piling up like…well, like bad decisions.
An epic trade on Hyperliquid turned into the biggest liquidation hit in 24 hours as crypto traders took on more than $1.19 billion in leveraged positions, because who needs sleep when you can lose money? 😴💸
SharpLink Gaming, the Nasdaq-listed marvel and one of the largest public holders of Ether (talk about a digital wallet flex! 💼), has announced it will tokeniz-ify its common stock directly onto the Ethereum blockchain. Yes, you read that right-no more traditional stock shenanigans, it’s all about that shiny new blockchain life! The company dropped the news on a Thursday (because, well, Thursdays are the new Mondays), and revealed its partnership with financial whiz-kids at Superstate, who will ensure everything runs smoother than your grandma’s knitting circle.
Traders, like skittish sparrows, trimmed their bullish plumage, leaving the market’s soul as uncertain as a Russian winter. 🌨️ All eyes on Friday’s $22 billion options expiry-a spectacle of greed and folly.
