Satoshi-Era Bitcoin Whale Shorted $1.1B Before Tariff News — Insider Tip?
Bitcoin and the general crypto market have witnessed another significant downturn this year, with prices falling by double digits in the late hours of Friday, October 10. This bearish pressure started when rumors of a trade war between the United States and China emerged in the early hours of Friday. The downward pressure intensified after US President Donald Trump declared that the US would impose a 100% tariff on Chinese goods. As a result of this announcement, over $5.5 billion was liquidated from the crypto market in less than an hour, with the Bitcoin price briefly falling to as low....
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The legendary Mircea Popescu is allegedly dead. It’s rumored that, besides Satoshi Nakamoto, he was the only bitcoin millionaire. He started that rumor. Where are those coins and what will happen to them? The news of his death arrived via news reports from Costa Rica, his country of residence. This article says, “A 41 year […]
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Bitcoin has shown resilience by bouncing to its 200-day moving average since last Tuesday when it fell as low as $76,606, yet it remains below this key technical threshold. In this volatile market environment, a major whale has taken a contrarian position by establishing a highly leveraged short on Bitcoin perpetual futures via Hyperliquid. Huge Bitcoin Whale Goes Short According to data from Hyperliquid and blockchain analyst Lookonchain, the whale’s short position is valued at over $445 million and utilizes 40x leverage. This position comes with a liquidation price set at $85,940, and....
Speculation over a purported White House plan to pause tariffs for ninety days on all countries except China sent markets into a frenzy earlier today, triggering abrupt price reversals across equities, Bitcoin and cryptocurrencies. In a quick-fire series of conflicting updates, the rumor initially floated at around 10:10 AM ET, sparked momentum in risk assets, and was eventually deemed “fake news” by the White House. The Kobeissi Letter (@KobeissiLetter) described the chronology on X, noting: “What just happened? At 10:10 AM ET, rumors emerged that the White House was considering a ‘90-day....