Bitcoin's Slide Below $80,000 Erases $404 Million in Leveraged Bets
Bitcoin briefly fell below $80,000 on Saturday, triggering $404 million in long liquidations during a four-hour stretch.
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Trader Nudges Hyperliquid ETH, Nets $1.28M on Papertrade
A single wallet made about $1.28 million on Papertrade within hours of the exchange's Saturday launch by moving Ether prices on Hyperliquid.
HYPE Hits Record High as Hyperliquid Opens Borrowing to Token Holders
Hyperliquid launched manual borrowing on 18 September 2026, letting users pledge HYPE or Bitcoin as collateral for USDC or USDT stablecoins.
Bitcoin's Sharpest Rally in Two Years Ran on Short Liquidations, Not Bulls
A Glassnode and Bybit report found Bitcoin rose 24.6% over five August days while active leverage fell 12.6%. Short liquidations supplied 89% of every liquidated dollar, meaning the rally ran on forced buying rather than new bullish bets.
BitMEX, the Exchange That Invented 100x Leverage, Is Shutting Down
BitMEX will shut down its cryptocurrency exchange on 23 September 2026, ending an 11-year run.
Kraken Traders Can Now Post Tokenized Apple and Nvidia Shares as Collateral
Kraken now accepts 10 tokenized stocks and exchange-traded funds, including Apple, Nvidia and Tesla, as collateral for margin and futures trades.
Binance Futures launches XAGUSDT silver perpetual contract with up to 50x leverage on January 7, 2026 at 10:00 UTC.
Binance Futures will list a USDS-margined XAGUSDT perpetual contract on January 7, 2026 at 10:00 UTC, offering up to 50x leverage on silver.
James Wynn’s PEPE Bet
After closing his record-breaking $1.2B Bitcoin trade with a loss, trader James Wynn has pivoted to memecoins, riding PEPE for a quick win before walking away from trading altogether.
Crypto Whale Makes History With $1.1B Bitcoin Bet
A daring crypto trader known as “James Wynn” has shocked the market by taking a $1.1 billion long position on Bitcoin using 40x leverage through the Hyperliquid DEX.
