Bitcoin mining company Bitdeer sold 166 Bitcoins this week

Hyperliquid Whale Sees $42M Bitcoin Long Position Partially Liquidated After BTC Pullback

A trader on Hyperliquid made a risky $42 million long bet on bitcoin using 40x leverage, which partially liquidated after BTC fell below $66,000. Now, with a precarious position, further losses could trigger another liquidation as the account's equity drops significantly.

Bitcoin Undervalued vs Gold: Analyst Signals Rally Ahead

Bitcoin (CRYPTO: BTC) is widely cited as undervalued when measured against traditional stores of value like gold and the broad money supply, according to Samson Mow, the chief executive of Bitcoin technology firm Jan3. In a Saturday post on X, Mow argued that BTC sits roughly 24% to 66% below its tr

Data: If BTC breaks through $69,628, the total liquidation strength of long positions on mainstream CEXs will reach $1.257 billion.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $69,628, the total liquidation strength of long positions on major CEXs will reach $1.257 billion. Conversely, if BTC drops below $63,103, the total liquidation strength of short positions on major CEXs will reach $956 million.