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๐Ÿ“Š #BTC C.Q.: Leverage peaked on August 14, just before the price surge commenced, and has been steadily declining since then, despite a brief uptick following August 19. Historically, leveraged growth tends to end abruptly, as lenders can liquidate positions when prices fall. In contrast, growth that attracts new capital without increasing leverage is founded on a more solid base.


๐Ÿ˜ฒ๐Ÿš€ #PROM skyrocketed by 46% after its debut on Bithumb. Notably, just prior to this surge, at 4:00 AM Moscow time, it claimed the top spot for purchases on all centralized exchanges (CEXs) and continues to hold that position.

๐Ÿ“Š Check out the Chart ๐Ÿ‘ˆ


๐Ÿ•ต๏ธโ€โ™‚๏ธ Currently, the largest short positions are held by accounts engaged in market maker hedging. Abraxas Capital, Fasanara Capital, and Wintertermute collectively maintain short positions of 138,569 ETH (approximately $338 million) and 3,425 BTC (around $265 million).


๐Ÿฆ Fasset, a neobank specializing in stablecoins such as #USDT and #USDC, has achieved a valuation of $1 billion, bolstered by SBI's support in improving its payment services. coindesk.com


๐Ÿ”๐Ÿณ Whale and Institutional Transactions:

1. Abraxas Capital has opened short positions on Hyperliquid worth around $783 million. At the same time, they are strategically hedging their bets by making spot purchases, recently withdrawing 73,872 #ETH (valued at $173.17 million) from Binance over the past four days.
2. Arthur Hayes redeemed 1.9 million #ETHFI for about $1.17 million at a price of $0.62. Four months earlier, he sold 265,461 #ETHFI (approximately $118K) at a loss for $0.44.
3. The #TRUMP team liquidated #TRUMP for 3.39 million #USDC.


#SAND Sandbox (SAND) Trading Advisory Notice upbit.com #Upbit #Listing
โฐ Time (UTC): 06:00:03.345


๐Ÿ™…โ€โ™‚๏ธ #SUI Phantom will stop supporting the Sui Network on September 24.


๐Ÿ” #ENA Three days ago, Ethena sent 170 million ENA (around $14.09 million) to FalconX, and today, has returned all the tokens.


๐Ÿค๐Ÿ‘€ The American Idea Foundation and Digital Asset (Canton) have partnered to launch pilot programs aimed at distributing government benefits via the Canton Blockchain as part of the RISE initiative.


Trade XRP (Ripple) for a chance to win a total prize of 1 BTC! Participate in the XRP TOP 100 trading event! For more information, check out upbit.com #Upbit #Listing
โฑ๏ธ Time (UTC): 11:31:58.408


๐Ÿ˜ฒ๐Ÿš€ The price of #ENA has skyrocketed by more than 55% since yesterday! At 8:13 AM Moscow time, it was leading in futures purchases, and by 9:08 AM, it also ranked highly for spot purchases across all centralized exchanges, driving this impressive growth. Currently, #ENA continues to dominate the shopping lists.

๐Ÿ“Š Check out the chart here! ๐Ÿ‘ˆ


๐Ÿ“Š #RWA CryptoRank: Since June, the number of holders of tokenized assets has more than doubled.


๐Ÿ‡ฏ๐Ÿ‡ต Laser Digital, with backing from Nomura, has secured Japan's first cryptocurrency approval in four years. coindesk


#NEXO NEXO (NEXO) Announces New Trading Support in the USDT Market! upbit.com #Upbit #Listing
โฑ๏ธ Time (UTC): 10:19:26.052


๐Ÿ˜จ #BTC CQ: The recent price surge can be attributed primarily to a wave of liquidations in the Binance futures market, rather than increased spot buying. This week, the short squeeze rate on Binance hit 6.94, the highest level since late 2024. Such short squeezes are typical in bear markets. With futures supply decreasing and natural spot demand failing to keep pace, the risk of a more substantial decline in the future remains high.


Over the last four hours, nearly $579 million in contracts have been liquidated, with approximately $497 million of that total stemming from short positions.


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๐Ÿ“ˆ #BTC has surpassed 79,000.


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๐Ÿ’ฐ The #BTC Strategy currently boasts $875,000,000 in unrealized profits from its Bitcoin investments.


#MANTRA Trading Caution Notice for MANTRA (MANTRA) upbit.com #Upbit #Listing
โฑ๏ธ Time (UTC): 08:00:01.804


๐Ÿ•ต๏ธโ€โ™‚๏ธ Over the last 9 hours, whales and institutions have liquidated 871,000 #HYPE via FalconX, amounting to around $64.82 million.

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