Prominent Trader: Shorted Bitcoin at $74,688, with a stop-loss at $80,000

On April 17, Binance announced it will delist the DEGO, DENT, and TRU tokens based on audit results. Shortly after the announcement, DENT saw a short-term drop of more than 18%, last trading at $0.000159; TRU fell over 14% in the short term, currently trading at $0.0069; DEGO experienced a short-term decline of over 11%, now at $0.292.

On April 17th, per HyperInsight Monitoring (Telegram: https://t.me/HyperInsight), a whale wallet starting with 0x133 opened a 40x leveraged long position on BTC. The position totals $6.95 million, with an average entry price of $75,320. After racking up roughly 20% in unrealized profits, the address immediately placed a limit take-profit order, planning to close the full position at $77,000. Notably, no stop-loss orders were set for the address. Given its liquidation price of $74,287, the whale appears to be using that level as an implicit stop-loss. Wallet Address: 0x1335607139aaff8492f1e189e44fdad5f9206dc9

Per an official announcement dated April 17, Binance will cease trading and delist the following assets on April 28, 2026, at 11:00 UTC+8: Dego Finance (DEGO), DENT (DENT), and TrueFi (TRU). Additionally, Coinglass data shows SIREN has liquidated $7.14 million over the past 24 hours—$3.75 million in long liquidations and $3.4 million in short liquidations.

April 17th — Per HTX market data, SIREN surged over 174% from $0.83 to a peak of $2.278 before plummeting 88%, currently trading at $0.271. Additionally, Coinglass data shows SIREN-related liquidations totaled $7.14 million in the past 24 hours, with $3.75 million in long positions and $3.4 million in short positions liquidated.

April 17: The Hong Kong Stock Exchange (HKEX) has released a consultation paper proposing to shorten the Hong Kong stock market’s securities settlement cycle from the current T+2 to a T+1 model, and is seeking market feedback on the proposal. (Source: Golden Finance)

On April 17th, per data from Coinglass, if Bitcoin climbs above $77,000, the cumulative short liquidation intensity across major centralized exchanges (CEXs) will hit $1.17 billion. Conversely, should Bitcoin fall below $73,000, the cumulative long liquidation intensity for these same major CEXs will total $1.277 billion. BlockBeats Note: The liquidation chart does not display the exact number of contracts at risk of liquidation or the precise value of those contracts. Instead, the bars on the chart indicate how significant each liquidation cluster is compared to neighboring clusters—meaning they represent "intensity." In short, the chart illustrates how strongly the underlying asset’s price will react when it hits a specific level. A taller "liquidation bar" signals that the price reaching that point will trigger a more intense response due to a liquidity cascade.