深潮 TechFlow 消息，12 月 18 日，据链上数据监测，麻吉大哥昨日晚间向Hyperliquid存入149904枚USDC后新开设40倍杠杆比特币多单和10倍杠杆HYPE多单，然而加密市场在短时上涨后再次走低，其BTC和HYPE多单已遭全部平仓，单周亏损约370万美元。目前麻吉大哥仍持有25倍杠杆以太坊多单，仓位持有5000枚ETH，现价值约合1413万美元，清算价2734美元。

<p>深潮 TechFlow 消息，12 月 18 日，据链上数据监测，麻吉大哥昨日晚间向Hyperliquid存入149904枚USDC后新开设40倍杠杆比特币多单和10倍杠杆HYPE多单，然而加密市场在短时上涨后再次走低，其BTC和HYPE多单已遭全部平仓，单周亏损约370万美元。目前麻吉大哥仍持有25倍杠杆以太坊多单，仓位持有5000枚ETH，现价值约合1413万美元，清算价2734美元。</p>

麻吉大哥比特币和HYPE多单已遭全部平仓，以太坊多单仓位仍持有5000枚ETH

According to TechFlow TechFlow, on December 18th, based on on-chain data monitoring, "Machi Big Brother" deposited 149,904 USDC into Hyperliquid last night and opened new long positions in Bitcoin (40x leverage) and HYPE (10x leverage). However, after a brief rise, the crypto market fell again, and all his BTC and HYPE long positions were closed, resulting in a weekly loss of approximately $3.7 million. Currently, Machi Big Brother still holds a long position in Ethereum (25x leverage), with 5,000 ETH, currently valued at approximately $14.13 million, with a liquidation price of $2,734.

<p>According to TechFlow TechFlow, on December 18th, based on on-chain data monitoring, &quot;Machi Big Brother&quot; deposited 149,904 USDC into Hyperliquid last night and opened new long positions in Bitcoin (40x leverage) and HYPE (10x leverage). However, after a brief rise, the crypto market fell again, and all his BTC and HYPE long positions were closed, resulting in a weekly loss of approximately $3.7 million. Currently, Machi Big Brother still holds a long position in Ethereum (25x leverage), with 5,000 ETH, currently valued at approximately $14.13 million, with a liquidation price of $2,734.</p>

Machi Big Brother has closed all his long positions in Bitcoin and HYPE, but still holds 5,000 ETH in his Ethereum long position.

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

This article is from Kyle Crypto Hunt.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
Editor's Note: Arthur Hayes, the legendary market predictor, co-founder of BitMEX, is at it again, offering his predictions. In today's episode of the Kyle Crypto Hunt podcast, Hayes discusses macroeconomic liquidity changes, market trends, his personal positions, and trading strategies...