The Hyperliquid whale who famously made $13.68M by shorting 16 altcoins appears to be reducing its $ETH exposure again.
Over the past few days, the wallet has transferred a total of $21.82M worth of ETH to exchanges.
Most recently, 5 hours ago, the whale deposited another 6,860 ETH (worth $10.8M) to Binance at an #ETH price of around $1,574.
These ETH were accumulated back in February and March at an average price of $1,991. If sold at current prices, this latest transfer alone would realize a l...
Bitcoin is approaching a key weekly close.
Although $BTC briefly dipped below the previous weekly wick low around $59K, the candle body is still holding above that level as the week comes to an end.
That suggests the higher-timeframe structure is under pressure, but it hasn't fully broken down yet.
If BTC can reclaim the $65K area as support next week, it would strengthen the case that $58K marked the local bottom going into Q3.
However, if the weekly candle closes below the $59K wick level,...