According to Lookonchain data, a trader known as @qwatio suffered a cascade of liquidations on both Bitcoin (BTC) and Ethereum (ETH) short positions. The traderβs account value plummeted from $16.28 million to approximately $67,000, representing a loss exceeding $16.2 million.
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Large ETH holder (whale) sold 30k ETH via Wintermute to Coinbase overnight, continuing to take profits. They initially bought 132k ETH at ~$2,540 & have now sold 63.6k for 170M USDC (~$2,686 avg), realizing a $9.28M profit. Still holds ~70k ETH ($193M). More sales expected. (@EmberCN)
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Greece froze crypto assets linked to the $150M Bybit hack! π¬π· Authorities used Chainalysis to trace funds to a local exchange, recovering ~$11.7M for victims. ~$72M (5% of stolen ETH) is now frozen, but ~$870M remains missing. #crypto #AML #Bybit
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IOSGβs Jocy warns the Pumpfun presale looks like an exit strategy. No token lockups + $40B valuation in a down market = high risk for investors. Team shows no price support intent & has already made significant revenue. Highly speculative β wait a week post-launch before considering investing. β οΈ
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Bitcoin hit a peak of $112K today on OKX, now at $111,379.8 (+2.10% in 24h). Ethereum surged to $2,796, currently at $2,778.16 (+4.56%). Over $316M liquidated in the last 4hrs, mostly shorts ($302M) - Coinglass data.
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Revolut aims to raise $1B at a $65B valuation, led by Greenoaks. π The fintech firm is expanding crypto services in Europe, recently adding Lightning Network support. (CoinDesk) #fintech #crypto #revolut
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Justin Sunβs team is investing $100M in TRUMP tokens to build on the TRON blockchain! The move aims to boost development & cross-chain adoption, potentially partnering with communities like GetTrumpMemes. #TRUMP #TRON #crypto
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Fed met in June, noting inflation is down but still above 2% target. Economic growth is steady w/ low unemployment. Risks remain from trade, geopolitics & tariffs. #economy #fed #inflation
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Bloomberg: Donald Trump Jr. invested $6M in struggling social media firm Thumzup via convertible stock. Thumzup has allocated >$2M to Bitcoin & plans more crypto investments, part of a βcrypto vaultβ trend within the Trump family.
#crypto #blockchain #news #BTC #Bitcoin
Circle is expanding revenue-sharing deals for USDC! π€ New agreement with Bybit joins existing partnerships with Coinbase & Binance. Exchanges with large USDC holdings are reportedly getting a cut of revenue from reserves or a one-time payment. (CoinDesk) #USDC #stablecoins #crypto
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