An early Bitcoin investor has partially closed a 10x leveraged short position on BTC, realizing a profit of $2.39 million, Onchainlens reported. The investor still holds a 1,300 BTC position valued at...

An early Bitcoin investor has partially closed a 10x leveraged short position on BTC, realizing a profit of $2.39 million, Onchainlens reported. The investor still holds a 1,300 BTC position valued at $141.5 million.

Additionally, the investor deposited 100.1 BTC to Kraken. Deposits to exchanges are typically interpreted as a precursor to selling.

Early investor partially closes BTC short, nets $2.39M profit

Gold prices are in a notable correction after hitting record highs. On October 21, the precious metal suffered its biggest one-day drop in more than 12 years.
Meanwhile, Bit...

Gold Just Had Its Worst Day in 12 Years — Will Bitcoin Benefit?

Author: Dingdang
I experienced two "Huamen" market crashes in one day.
As professional trader Eugene said, the crypto market is experiencing a hellish level of difficulty, and even excellent traders may not be able to escape the fate of being repeatedly "harvested."
Let's first look at the market data. BTC surged to $114,000 before plummeting, currently trading at $108,260, a 24-hour drop of 1.85%; ETH fell from $4,110 to $3,850, a drop of 2.73%; SOL is currently trading at $186, a drop of 0.98%; BNB...

Two "painting gates" in one day, both long and short positions exploded, what is the scenario of the crypto market?

1.Bitwise: The 2025 gold price surge far exceeding BTC's suggests BTC's own "golden moment."
The current crypto market has two core questions about Bitcoin: 1. Why is the price of gold so much outperforming Bitcoin? 2. Given the massive buying from ETFs and companies, why is Bitcoin's price stagnant? A careful examination of the first question reveals the answer to the second—and this answer paints a highly bullish picture for Bitcoin's future. Click to read.
2. Bloomberg reports: Hong Kong and other major Asia-Pacific stock exchanges oppose DATs.
Asia...