While others were chasing the pumps, he went short.
Now the profits are locked in.
Garrett Jin (@GarrettBullish) just closed his ZEC Short, ultimately securing a profit of 11.24M USD.
The brilliance of this trade lies in the timing. ZEC was surging hard, market sentiment was hot, and many were chasing the highs, but Garrett Jin stood against the tide, opting to short the strong coin.
And now the results are in: short position closed, profits cashed out.
This highlights the difference between skilled trading and ordinary FOMO. Average traders only believe when they see the price going up, jumping in when the sentiment is at its peak; the pros are focused on whether sentiment is overheated, leverage is maxed out, and whether the chasing buyers are starting to become potential fuel for a drop.
Of course, going against the trend by shorting a strong coin is extremely risky—it's not for everyone.
But Garrett Jin executed this trade flawlessly.
He entered the market at the peak of the frenzy,
And then took away $11.24 million during the pullback. 🔥$BTC $ETH #特朗普谈美伊核协议浓缩铀处置
High-leverage long positions got wiped out one after another.
In the past 7 days, over $5.7 billion in Long Positions got Liquidated, and this isn't just short-term volatility; it's a thorough bull washout.
The harshest part of this wave is that many aren't bearish on BTC; it's just that their leverage was too high to withstand a rebound. As prices dropped, stop losses got swept first, leading to more liquidations and ultimately creating a Liquidation Cascade.
Now, the long leverage is cleaned out pretty thoroughly.
But just because the liquidation is done doesn’t mean we’re hitting the bottom right away.
What we really need to watch for is:
After $5.7 billion in long positions got wiped out,
will the spot buying interest come back in? 🩸$ETH $BNB #美国大银行拟建代币化存款网络
It's already captured over 25% of the tokenized market.
That's more than quadrupled compared to the same period last year.
RWA is no longer just a concept.
The leading landscape is unfolding.
Ondo Finance (Ondo Finance) now accounts for over 25% of the Tokenized Market Cap, which is an impressive figure within the entire RWA (Real World Assets) space.
What's even more critical is that, compared to the same time last year, this share has increased by more than four times. This indicates that $ONDO isn't just riding the RWA narrative; it's genuinely capturing a larger slice of the tokenized asset market and gaining stronger influence.
The market's understanding of RWA has evolved beyond simply 'putting assets on-chain.' What truly matters is who can connect traditional financial assets, on-chain liquidity, yield products, and institutional-grade infrastructure. The reason ONDO is on investors' radar is that it stands at this intersection.
The RWA sector will continue to expand, but not all projects will reap the benefits.
Funds will eventually flow toward the top players with scale, products, and institutional recognition.
Bitcoin just went through an extreme liquidation phase, liquidity below 60k got wiped out, and the daily candlestick couldn't really break the key level. The bears look fierce, but the large liquidation liquidity below has clearly thinned out.
This is the most counterintuitive part of the market. Everyone rushes to buy at the highs, but when it drops, they can't bear to look; by the time the panic, liquidations, ETF outflows, and institutional losses have all been traded through, the real low-position chips start getting scooped up by strong hands.
It's not to say that there won't be any more short squeezes.
But from a risk-reward perspective, this is becoming very attractive.
The best buy point for BTC
has never been when the whole market is comfortable.
BTC's recent move is textbook liquidity sweep. Price first broke through 60k, taking out all the stop losses, long liquidations, and panic sells below, then quickly reclaimed the key level.
The bears are in the most awkward position.
They pushed it down, but not even a single daily candle closed below 60k. For such a key psychological level, a dip below during the day doesn't count as a true breakdown; the daily can't close down there, making it feel more like a classic false breakdown.
That's why the market sentiment is shifting now. Previously, everyone was shouting that 60k had broken, and deeper drops were on the way, but the market just dipped to grab liquidity and then pulled back up.
Bears thought they had caught a breakdown.
But they might just have fueled the market instead.
60k wasn't broken,
liquidity got cleaned out,
and if buying pressure continues,
a V-shaped recovery won't just be a joke.🔥$ETH $XRP #btc
The Altcoins Market Cap has now dipped below the 200 Week SMA.
For many long-term traders, the 200W SMA is not just a technical indicator but one of the dividing lines between bull and bear markets. In many past cycles, as long as the total market cap of altcoins stayed above this line, there was hope for an Altseason.
But now, the situation has changed.
When the total market cap falls below the 200W SMA, it means that funds are rapidly fleeing high-risk assets. The market is now prioritizing BTC, stablecoins, or even going back to cash instead of continuing to value altcoin narratives.
What’s even harsher is that it’s not just the price that’s dropping.
Liquidity is also tightening.
Without capital inflows,
even the best narratives struggle to pump.
So the question isn't when Altseason will come.
It's how many altcoins will survive this shakeout to wait for the next Altseason.🩸$ETH $BTC $USDC #美国大银行拟建代币化存款网络
It's about pushing the issue to the International Criminal Court.
Geopolitical risk has been raised another notch.
South Africa has stated that it will invite all countries to join the genocide case against Israeli Prime Minister Benjamin Netanyahu and escalate the issue to the International Criminal Court / ICC.
The crux of this news isn't just the legal dispute between South Africa and Israel, but the increasing likelihood of more countries getting pulled into the same international judicial and diplomatic battle line. Once more nations join, the situation could shift from a single country lawsuit to a larger global political statement.
For the market, such news won't directly alter on-chain data, but it will continue to elevate the geopolitical risk premium. The Middle East situation already influences oil, gold, the dollar, and risk asset sentiment; now, if international legal pressures escalate further, funds will be more cautious in the short term.
In the crypto space, what we fear the most isn't a single piece of news itself, but the accumulation of macro risks: the Middle East, Iran, North Korea, US interest rates, ETF outflows—all pressing on risk appetite.
Currently, what the global market is really trading is not peace.
But uncertainty.
And the higher the uncertainty,
The harder it is for risk assets to bounce back easily.⚠️$BTC #欧央行预期下周加息25基点
Someone just opened a whopping $27.7 million Oil Long.
This isn't just a small position to test the waters.
It's a full-on play on volatility.
The market might be preemptively trading the U.S.-Iran risk.
A Whale just entered a $27,700,000 Oil Long position. Given the current macro backdrop, this move is super sensitive.
Because the key variable in the oil market right now isn’t just basic supply and demand, but whether tensions between the U.S. and Iran escalate further. If the situation in the Middle East tightens up again, the risks in the Strait of Hormuz, energy supply, shipping costs, and inflation expectations will all be re-priced by the market.
So this Oil Long doesn’t just look like a simple bet on a technical rebound; it seems more like a play on the geopolitical premium continuing to rise.
For Crypto, this isn't irrelevant news either.
If oil prices keep skyrocketing, inflation pressures will resurface, rate cut expectations will be crushed, and risk assets will feel the pinch; but if the situation cools down and oil prices drop, BTC and altcoins might just get a breather.
What we should really be watching isn’t whether this Whale makes a profit.
U.S. President Donald Trump has stated that no assets will be unfrozen and no sanctions will be lifted until an agreement with Iran is reached. In other words, Washington isn't looking to hand over any chips before seeing Iran's compliance.
This statement is crucial for the market. Previously, the market was trading on expectations of a thaw in U.S.-Iran relations, a potential easing of sanctions, and a cooldown in Hormuz risks, but Trump has clarified the sequence: first, there needs to be an agreement, then they want to see Iran cooperate, and only after that will they discuss assets and sanctions.
For oil, gold, the dollar, and crypto, this means that geopolitical risks haven't truly been resolved yet. As long as sanctions are in place, assets are still frozen, and negotiations haven't materialized, the market can't fully price in a 'peaceful trade'.
So, this isn't just a regular diplomatic statement.
This is the U.S. telling Iran:
If you want cash and sanctions lifted,
you need to deliver results first.
In the Middle East,
the short term hasn't reached a full cooldown yet.🩸$BTC $ETH $XRP #越南规划加密资产交易试点
$BTC The weekend liquidity has basically been swept clean.
What needed to explode has exploded.
What needed to be washed has been washed.
The probability of a short-term retracement is increasing.
60.8k–61.2k FVG is worth watching.
BTC's 24 Hour Liquidation Heatmap shows that most of the major liquidation liquidity has been swept away by the market this weekend.
What does this mean?
The liquidity that the market favors has been taken.
After the lower targets are fulfilled, the momentum to charge in the same direction will actually decrease, and prices will start searching for a new balance zone.
From a structural standpoint, a fairly obvious target right now is the FVG (Fair Value Gap) between 60.8k–61.2k. This gap typically represents low-volume areas left during a rapid price drop, and the market often revisits these zones to fill them before deciding on the next direction.
So, in the short term:
Liquidity has been swept away → Retracement probability increases → Filling the FVG.
Of course, this doesn't mean the trend has reversed.
It just indicates that after a round of liquidations, the market is more likely to repair upwards first,
Michael Saylor's Strategy is loading up on Bitcoin again. This news comes at a significant time, as BTC just went through a major crash, with ETF outflows, whales moving coins, institutions facing losses, and retail investors capitulating, all weighing down market sentiment.
But Saylor’s moves remain consistent: while others panic, he keeps buying.
That's the crucial part. It's easy to shout long-term bullish in a bull market, but the real challenge is continuing to swap cash for BTC when the market looks its worst. Especially now that Strategy itself is already dealing with substantial paper losses, his decision to keep stacking indicates that this corporate reserve narrative hasn't weakened due to short-term volatility.
The market may continue to fluctuate in the short term and might even test key support again, but Saylor's recent buy at least provides BTC bulls with a renewed confidence anchor.
This isn't just talk about faith.
It's real cash continuing to stack up.
While others are still asking where the bottom is,
Saylor has already started collecting chips again.🔥$ETH $ZEC #btc
$BTC A lot of folks still look down on 0.1 BTC right now.
But by 2030.
That might not be a small position.
It could be a ticket to a whole new life.
Or even the chips for a house.
Right now, 0.1 BTC seems like not much; many think, "It’s only one-tenth of a Bitcoin," not enough thrill or life-changing potential.
But here's the kicker: Bitcoin's total supply is capped at 21 million coins, and the actual amount that's circulating, available for purchase, and willing to be sold is just going to shrink over time. Once more institutions, companies, funds, and even countries start treating BTC as a reserve asset, the average Joe will find it way harder to snag 0.1 BTC.
By 2030, what could 0.1 BTC buy?
A house?
A ticket for early retirement?
Or perhaps a chance to completely change your life?
No one knows the exact answer.
But one thing's for sure:
While the majority still thinks 0.1 BTC is too little,
those who truly understand the cycles,
have already started stacking it up slowly. 🚀$ETH $ZEC #Zcash发现可无限铸币漏洞
Right now, many are saying BTC's max pain is down below, thinking the price will crash to 54k to wipe out all the liquidity down there.
But the issue is, the liquidation map shows the exact opposite.
If BTC hits 70k, about 3 billion dollars in short liquidations will be triggered; whereas if the price drops to 54k, there’s only about 800 million dollars in long liquidations waiting to happen. This means the large liquidity that can be swept up above is roughly 4 times that below.
So, will the market really continue to dump to reward those late shorts who only jumped in after liquidity was cleared at 60k?
I’m not buying it.
The market doesn’t move according to the emotions of the majority, but rather based on liquidity. The true max pain is actually above, but many refuse to admit it because they just shorted at lower levels.
Of course, it’s not entirely out of the question to sweep around 58k before heading up, but given the current structure, that probability is getting slim. A more reasonable path is for BTC to first head towards qO, around 68.2k, to deal with the thicker short liquidity above.
So I’m still looking at swing longs.
The target is to eye qO first.
Once BTC reclaims 65k–66k,
this batch of low-level shorts
will start to understand what true max pain feels like. 🔥$ETH $XRP #越南规划加密资产交易试点
A whale address 0x1be45feF92C4E2538fEcd150757Ed62b7B3757D7 supplied 34.74M USDT to Aave V3 (a decentralized lending protocol), then borrowed 9,000 Ethereum worth about 14.7M USD, and transferred that ETH to Binance.
This path is classic: using stablecoins as collateral, borrowing ETH, then moving the ETH to an exchange. The most common goal is to borrow coins, sell them, and then buy back at a lower price to pay off the debt, pocketing the difference.
So, this isn’t just a normal on-chain transfer; it’s a clear potential short ETH signal.
Right now, ETH is already in a shaky rebound zone, and big on-chain collateral positions, Aave lending, and Maker liquidation lines are all under market scrutiny. When a whale suddenly borrows 9,000 ETH and moves it to Binance, the market naturally starts to wonder:
Did they see something coming,
or are they gearing up to create some selling pressure?
Each ship is hit with a fee of $1.5 million to $2 million.
They’re accepting cash, goods, and Crypto for payment.
This isn’t just your run-of-the-mill geopolitical news.
According to Fars News, Iran has begun charging ships passing through the Strait of Hormuz, with tolls ranging from $1.5 million to $2 million per passage, and they’re accepting cash, goods, and cryptocurrency as payment.
The key point here isn’t just the toll itself; it’s that the Strait of Hormuz is one of the most crucial energy transportation routes globally. If any issues arise here, the market’s first reaction will definitely be to reprice oil, shipping costs, inflation pressures, and geopolitical risks.
For Crypto, this news is also quite nuanced. If Iran is indeed incorporating cryptocurrency into its toll payment options, it indicates that in an environment of high sanctions and geopolitical conflict, Crypto is being utilized as an alternative settlement tool.
This isn’t simply a “bullish” signal for the crypto space.
It’s the real world telling you:
When traditional payment systems are choked by politics, sanctions, and war,
crypto assets will be pulled out as tools.
Hormuz isn’t small potatoes.
It could simultaneously stir up oil, gold, the dollar, and Crypto.🔥$BTC $ETH $XRP #三大行计划推出代币化存款网络
This looks a lot like they're prepping for a short.
A whale address 0x1be45feF92C4E2538fEcd150757Ed62b7B3757D7 first supplied 34.74M USDT as collateral to Aave V3 (a decentralized lending protocol), then borrowed 9,000 Ethereum (ETH), worth about 14.7M dollars, and transferred that batch of ETH to Binance.
The logic behind this move is pretty straightforward: use stablecoins as collateral, borrow ETH, and send the ETH to an exchange. The most common goal here is to borrow the coins and sell them, waiting for the ETH price to drop before buying back at a lower price to repay the loan, pocketing the difference.
So this isn't just an ordinary on-chain fund movement; it's a very typical potential short signal for ETH.
Right now, ETH is already in a weak rebound zone, and the on-chain large positions, Maker liquidation lines, and Aave leverage positions are all under market scrutiny. At this point, the whale suddenly borrows 9,000 ETH and moves it into Binance; the market will definitely start to question:
Did they see selling pressure coming,
or are they preparing to create selling pressure themselves?
As for ETH,
things aren't going to be smooth sailing.🩸$BTC $XRP #越南规划加密资产交易试点
BTC's Short Liquidation Delta is still hovering around -30B, indicating the overall market structure remains bearish.
On the surface, the shorts are still calling the shots.
But the issue is,
this state has been going on for too long.
When the market is long-term biased in one direction, the risk often doesn't stem from the trend itself, but from the overcrowding. More and more traders are betting in the same direction, and positions are stacking up on the same logic, which inherently builds up energy.
Historically, before major market movements, we often see similar phases:
Everyone thinks the direction is crystal clear.
Then suddenly, the market flips and hits hard in the opposite direction.
So what we should focus on now is not whether BTC goes up or down today.
But rather that the market is starting to show signs of overextension.
Bears still have the upper hand.
But the shorts are getting squeezed more and more.
In the last 24 hours, we've seen a surge of $70 billion.
$BTC has broken through the 62k mark again.
ETH has also reclaimed the $1,600 level.
The market is finally catching its breath.
Today's total crypto market cap has increased by about $70 billion, with BTC breaking past $62,000 again and ETH climbing back above $1,600.
The previous period was almost nonstop selling, with ETF outflows, leverage liquidations, spot selling pressure, and macro pressures all hitting hard, leaving sentiment pretty low. Now, this bounceback, while not a full trend reversal yet, at least indicates that selling pressure is starting to ease, and capital is willing to test the waters with risk assets again.
The key is whether BTC can hold above 62k and if ETH can maintain above 1,600. If these levels hold, there’s still room for a short-term retracement and further recovery; if we drop back down quickly, it’ll just be a weak bounce.
The market hasn't fully turned bullish yet.
But at least we're not just getting hammered in one direction.
James Wynn (@JamesWynnReal) just wrapped up his BTC and SOL shorts, pocketing about $6,400 in profit.
But what's really interesting isn't just that profit.
It's what he's planning to do next.
After closing his shorts, he immediately flipped and opened Max Leverage Longs, buying 6.05 BTC worth approximately $373,000, and also opened a long position on 5.3 ETH.
What does this indicate?
At least in his view, the current risk-reward ratio in the market is starting to lean towards a rebound. The previous logic for shorting has played out, and the allure of chasing more shorts is fading.
Of course, this level of high leverage trading is essentially still a bet on short-term direction. Especially since BTC is currently hovering near a key support zone, with shorts ready to be liquidated on the upside and emotional pressure on the downside, volatility could spike at any moment.
But one thing is clear:
When more and more traders start flipping from short to long,
the market structure is often already different from a few days ago.
As for whether James is catching the bottom this time,
or if he’s once again getting schooled by the market,
we’ll know the answer soon enough.🔥$BTC $ETH $XRP #三大行计划推出代币化存款网络