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Data: Wintermute shorted 91% of Hyperliquid and held approximately $160 million of unclosed positions

According to Onchain Lens monitoring, Wintermute (0xecb... 2b00) currently holds about US$160 million of open positions in Hyperliquid, of which the short position is about US$146 million, accounting for 91% of its total exposure; it has a long position of about US$13.9 million, with an unrealized loss of US$3.66 million. The account's historical cumulative profit is approximately $204 million.

1m ago

Garrett Jin topped the list of BTC long and ZEC short positions on the chain, with a total loss of over $10 million

Comparative news, according to TradingBeats (formerly Hyperinsight) monitoring, BTC OG insider giant whale agent Garrett Jin's address is currently the largest Bitcoin contract on the chain, surging 1,270 BTC (about US$97.9 million) with 5x leverage; at the same time, it is the biggest short for on-chain ZEC contracts, losing US$11.43 million by shorting 32,76 million ZEC (about US$25.97 million) with double leverage. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

6h agoburnking

The US debt repurchase program unexpectedly boosted Bitcoin by 25%, and the scale of short liquidations reached $4 billion

Comparatively, after the US Treasury expanded the scale of long-term US bond repurchases, the yield on 30-year US bonds fell from a 19-year high of 5.34% to about 5.19%, while Bitcoin rose by about 25% within a few days, breaking through $79,000 at one point. Approximately $4 billion of short cryptocurrency positions were liquidated during this period, further amplifying the gains. The US Treasury Department previously announced that it would increase the scale of the longest term treasury bond repurchase operation from a single $2 billion to $4 billion. Analysts pointed out that this operation is not equivalent to the Federal Reserve's quantitative easing (QE). The main effect is to improve the liquidity of old securities and optimize the debt structure, but the market sees it as a signal of policy support for long-term US bond yields. Analysts believe that the key to Bitcoin's surge is not the buyback itself, but rather that the market's previous short positions were too concentrated. After the long-term decline in US bond yields, bears were forced to close their positions, creating a strong shorting market. Meanwhile, the net inflow of US spot Bitcoin ETFs was around $6.5 billion this week, and Trump once again urged Congress to move forward with the CLARITY Act to further strengthen market risk appetite. CoinEx chief analyst Jeff Ko said that the key right now is whether Bitcoin can hold the 200-day EMA of around $69,000 and turn it from resistance to support. Market participants also warned that if the 10-year US Treasury yield rises above 4.7% and the 30-year yield approaches 5.3%, Bitcoin's current breakthrough may face a new test. Bitcoin has now broken through the 200-day EMA and continues to rise. In the next phase, the market will focus on whether it can maintain its gains in a high-yield environment.

7h ago

Pantera: Bitcoin breaks through the 200-day EMA, funds turn bullish

Comparing news, Pantera Capital published an article stating that Bitcoin has been in a narrow fluctuation range for the past six months, and the market is often intense and large after consolidation is over. Currently, market positions are being reversed, and investors are shifting from wait-and-see or even net shorts to a growing desire to go long. Bitcoin broke through the 200-day EMA at $69,000 and has attracted momentum and trend tracking funds to enter the market. From a long-term perspective, digital asset prices are still about 50% higher than before, but fundamentals continue to strengthen, including stablecoin adoption, predictive markets, perpetual contracts, and agency commerce. When fundamentals improve and prices are still discounted, the logic for continuing to maintain constructive positions is more clear.

10h ago

Wall Street and Washington Jointly Drive BTC Rally: ETF Inflows and Short Liquidations Accelerate the Market

Comparing news, Bitcoin has continued to rise recently. This round of rise was driven by multiple factors such as the return of institutional capital, improvements in the macro environment, warming US regulatory expectations, and large-scale short liquidations. In terms of capital inflows, US spot Bitcoin ETFs have recently re-attracted institutional capital. On August 19 and 20, US spot BTC ETFs recorded net inflows of approximately $517 million and $606 million, respectively, according to the data. The ETF bought around 7,500 BTC in a single day, the highest level since April, according to CoinShares research director Julio Moreno. The market believes that the US Treasury's expansion of the long-term treasury bond repurchase program weakens the performance of the US dollar, pushes currency depreciation transactions to heat up, and further flows of capital to Bitcoin and gold. Meanwhile, the Trump administration's push for legislation on the structure of the crypto market has also lessened investors' concerns about regulatory uncertainty. Furthermore, the US Congress is advancing the construction of crypto regulatory frameworks such as the Clarity Act to clarify the responsibilities of the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in digital asset regulation. Analysts believe that Bitcoin currently has a high level of regulatory certainty, and the relevant legislation's direct impact on BTC is limited, but it can help reduce the regulatory risk premium for the entire crypto market. The rise in the market also triggered large-scale short positions to be closed. The data shows that over the past two to three days, the crypto market has liquidated more than $40 billion, of which around $2.7 billion was liquidated in a single day, then another $1.2 billion was liquidated. Analysts say that this round of shortfall has become one of the biggest shortfall recovery events in the crypto market recently. Market participants believe that if institutional capital continues to flow in and the regulatory environment is further improved, Bitcoin's upward trend in the medium term may continue.

11h ago

Analysis: This round of BTC's rise is accompanied by a decline in OI, and spot demand is showing for the first time

Comparing news, on-chain data analyst Murphy wrote that this round of BTC's rise was “a bit different”: the scale of futures liquidation reached a record, but unclosed positions (OI) declined at the same time. The price increase was mainly driven by short stop-loss or liquidated purchases to close positions. It was a liquidated stock position rather than a net exposure to newly opened leveraged positions. If it is driven only by liquidation, the price often falls back after being inserted; after this increase, the price stagnates, indicating that other spot funds have taken over. Murphy pointed out that if contract bulls lead, OI usually rises and rates rise, but this round of OI has almost completely declined, and no new leverage has entered the market on a large scale. The exchange's spot relative volume (SRV) reached 2.94 from August 19 to 20, which is about 3 times the average for nearly 30 days. Similar volumes in the past two years have mostly occurred during a downturn or a bull market. This is different from the situation where leverage was dominated by the rebound to about 96,000 US dollars in January and the rebound to about 82,000 US dollars in May. He stressed that spot demand is only the first potential sign since entering a bear market. Combined with price challenges to the short-term holder cost line (STH-RP) and the sellers' exhaustion index entering an extreme zone, it is not enough to determine a trend reversal.

12h ago

ZEC has increased 20 times in a year, and the strongest privacy coin favors the intensive catalytic market

Comparative news, according to HTX market data, ZEC rose above 833 US dollars for a short time this morning to set a new historical record. The increase reached 67% in the past 7 days, 230% in the past 180 days, and 1970% in the past year. Recent major benefits include: · Grayscale submitted the fourth S-3 amendment, promoted the conversion of Zcash Trust into a spot ETF (pseudo ticker ZCSH), and disclosed that DCG subsidiaries were in non-binding discussions to inject about 200,000 ZEC (worth about $110 million at the time). · Cypherpunk Technologies, supported by Winklevoss, launched the world's largest ZEC mining cluster, controlling about 18% of the entire network's computing power and continuing to increase the ZEC treasury. · The Ironwood Network Upgrade (NU6.3) has been launched to fix previous Orchard privacy pool vulnerabilities, strengthen the security and verifiability of the shielded pool, and promote capital migration and restoration of ecological confidence. Combined with rising privacy narratives and market bearish pressure, ZEC has become one of the strongest performing privacy coins in this round. Currently, the price is still in a high fluctuation range.

13h ago

CFTC Chairman: If Congress continues to shelve the Clarity Act, it will push for a regulatory framework for the crypto market

Comparatively speaking, Michael Selig, chairman of the US Commodity Futures Trading Commission (CFTC), said that if the Clarity Act continues to stagnate due to Democratic obstruction, the CFTC will use its existing authority to begin establishing a crypto asset market supervision system and require staff to quickly advance formal rule proposals. Selig has asked staff to look into incorporating the digital asset market structure into CFTC rules, and existing CFTC registrars and currently unregistered crypto exchanges may be included in the scope of regulation. Rules tailored to digital assets may allow leveraged and margin trading. The net inflow of Bitcoin ETF was $606 million, a single-day high since May 1; the net inflow of the Ethereum ETF was $219 million, a new high since September 2025. Over the past 24 hours, the amount of short liquidations in the crypto market has surpassed $1.2 billion, and is close to $5 billion in the past two days.

1d ago
Are Bitcoin's 80,000, 120,000, and 300,000 still far away?

Are Bitcoin's 80,000, 120,000, and 300,000 still far away?

Author: Debashree Patra Compiled by: Deep Tide TechFlow Original title: Bitcoin Sword Fingers at $80,000: Analysts Predict Breaking 120,000 Next Year and Shocking 300,000 in 2030 DeepWave Guide: Bitcoin rebounds strongly from around $63,000 to $75,401, completing a 5.8 times standard deviation increase within 48 hours, driving analyst Pierre Rochard to reaffirm his bullish roadmap — hitting $80,000 in 2026 and breaking through $120,000 next year. The sword in 2030 is $300,000. In the short term, bear liquidation and downtrend line breakouts provide momentum, but whether the leverage-driven surge can be turned into continued spot demand will determine whether the larger goal is realistic. Pierre Rochard's $80,000-$300,000 roadmap analyst Pierre Rochard (BitcoinPierre) expects Bitcoin to close around $80,000 in 2026. He believes that Bitcoin is not ready for a “parabolic rise,” but it is expected to break through $120,000 next year. In the longer term, he predicted that Bitcoin could reach $300,000 by 2030. The key variables in this forecast are the Federal Reserve and the broader macro environment. Rochard believes that if the economy is weak enough to allow the Federal Reserve to cut interest rates without reigniting inflation, Bitcoin will benefit from improved liquidity. He also pointed out that artificial intelligence (AI) may improve macroeconomic prospects by increasing productivity and reducing inflation. In that situation, interest rate cuts will create a more favorable environment for risky assets such as Bitcoin. The $80,000 target refocused on Bitcoin's latest price trend has shown signs of regaining momentum. BTC climbed from around $63,000 to $75401 in less than 48 hours. Previously, buyers successfully defended in the $63,000 area. Notably, Bitcoin formed higher highs and higher lows. This round of rebound was partly fueled by large-scale short liquidations. According to reports, as Bitcoin and Ethereum soared, around $14 billion to $17 billion of short crypto positions were liquidated, removing bearish leverage. Glassnode indicated an unusual pattern of this fluctuation. They said that Bitcoin's jump from around $75,401 was a 5.8 times standard deviation (5.8 sigma) of its 30-day volatility — the biggest upward move since October 2023. The last time Bitcoin closed at such a large daily rate was in February, which was only a rebound after a sharp drop of -14% the day before. And there's no crash to bounce back this time around — this is a 5.8 times standard deviation fluctuation compared to its own 30-day volatility, the biggest upward move since October 2023. — Glassnode (@glassnode) However, liquidation alone does not confirm the existence of sustainable spot demand. On-chain analyst Onchain Insights said that Bitcoin has broken through the annual downward trend line resistance and recovered to the $70,000 range. If it continues to close above this structural resistance, it may indicate a weakening of selling pressure and further upward momentum. Another analyst also said that short positions have limited resistance until $80,000, making it an important near-term target. The BTC giant whale sells for $74,000 and $80,000. The gap between these resistances is very large. ——CW (@CW8900) On Polymarket, the probability that Bitcoin will hit $80,000 in August rose to 13%, up 9 percentage points within 6 hours. BTC would need to rise about 14% more from $71,000 to reach $80,000. Can the $120,000 be recovered? Rochard expects Bitcoin to easily break through $120,000 next year if the macro environment turns favorable. His long-term goal of $300,000 by 2030 reflects broader bullish arguments around liquidity, supply, and adoption. His opinion was also supported by SkyBridge Capital CEO Anthony Scaramucci, who expected Bitcoin to surpass $100,000. He cites the halving cycle and new supply...

1d ago深潮TechFlow#Bitcoin