Tag: China

A prominent trader, often referred to as the “Trump insider whale,” has reestablished a $300 million short position on Bitcoin via Hyperliquid- Why?

By Ethan Key Points A prominent trader, often referred to as the “Trump insider whale,” has reestablished a $300 million short position on Bitcoin via Hyperliquid, shortly after reportedly earning $200 million from a prior market downturn. This whale previously held a $1 billion short across Bitcoin and Ethereum, a position that preceded a major […]

BitMine Adds Over 200,000 ETH Amid Market Dip, Expanding Holdings to 3 Million Tokens

By Marco Piccolo Key highlights: BitMine Technologies acquired 202,037 ETH (~$828–$839 million) during last week’s crypto market downturn. The purchase brings BitMine’s total Ethereum holdings above 3 million ETH, about 2.5% of the circulating supply. Chairman Thomas Lee says the company is leveraging volatility to acquire ETH at a “substantial discount to the future.” Trade […]