Within a single month, the whale shorted BTC 16 times, opening a short position worth $23 million each time.

Binance announced on April 28 that it will delist and halt trading for the following spot trading pairs at 03:00 UTC on May 1, 2026, to maintain market quality and liquidity: BAND/BTC, BAT/BTC, BREV/BNB, NEO/BTC, ROSE/BTC, SOLV/BNB, TFUEL/BTC. The exchange clarified that delisting these spot pairs will not impact trading of the associated tokens in other pairs on its platform.

April 28 — U.S.-based Bitcoin miner Core Scientific said it will upgrade its Pecos, Texas, mining facility into an AI-focused high-density data center campus, targeting 1.5GW of total power capacity—with roughly 1GW available for external leasing. The company noted 300MW of power previously used for Bitcoin mining has been reallocated to AI data center operations. Its first facility has completed basic construction, with initial computing capacity expected to go online in early 2027. Core Scientific also secured an additional 300MW power contract and plans further expansion via a behind-the-meter power supply arrangement. To support construction, it has acquired over 200 acres of local land. Last week, the firm announced plans to issue $3.3 billion in senior secured notes due 2031 to fund data center expansions across Texas, Georgia, North Carolina, and Oklahoma. In March, it also secured a $1 billion credit facility from Morgan Stanley. As Bitcoin mining profitability face

April 28th – Market divergence over Kevin Warsh’s potential policy direction as Federal Reserve chair has grown more pronounced following the conclusion of his nomination hearing, per a recent CNBC survey. The survey of 26 economists, strategists and analysts yielded these key findings: - 50% of respondents believe Warsh can maintain strong policy independence, while 46% see his independence as limited or nonexistent. This marks a 13-percentage-point jump in recognition of his independence from last month, signaling the hearing has eased some market concerns. - 58% view Warsh as leaning “dovish” overall, supportive of rate cuts. Yet 65% expect him to take a “hawkish” stance on balance sheet reduction, accelerating the Fed’s asset runoff. - 41% forecast Warsh could shrink the Fed’s ~$6.7 trillion balance sheet by ~$800 billion in his first year in office, while 46% say meaningful progress may be hard to achieve in the short term. Market focus centers on Warsh’s past comments

April 28th Huobi HTX has launched a zero-interest flash loan promotion for isolated margin leveraged trading of HYPE and BERA, per an official announcement. The event runs from now through April 30 at 6:00 PM UTC+8. Users who register and complete KYC verification can participate in HYPE and BERA isolated margin leveraged trading, enjoying up to 3 days of interest-free borrowing. Focused on the two popular assets—HYPE (Hyperliquid) and BERA (Berachain)—this promotion arrives amid heightened market volatility and frequent structural market shifts. The zero-interest benefit significantly cuts capital costs, helping boost capital turnover efficiency and strategic flexibility. Huobi HTX will continue to refine the user trading experience via refined products and phased incentives, empowering users to seize opportunities in a rapidly changing market landscape.

April 28th — Oil prices climbed again as U.S.-Iran negotiations remained deadlocked and shipping in the Strait of Hormuz was disrupted, with WTI crude topping $100 a barrel and both WTI and Brent rising more than 2% intraday. The White House said U.S. President Trump and his national security team reviewed Iran’s latest proposal. Iran is seeking to resume shipping in the Strait of Hormuz in exchange for the U.S. lifting port blockades and ceasing hostilities. However, Trump stated sanctions will only be eased once the agreement is “100% implemented,” and the two sides have yet to reach consensus. PVM Oil Associates senior analyst Tamas Varga warned that if the conflict persists, oil hitting $150 is “not impossible.” He noted the global lack of sufficient alternative energy sources to fill supply gaps; if disruptions prolong, supply losses will outpace demand contraction’s impact. Lipow Oil Associates President Andy Lipow added that even if the conflict ends immediately, cleari

April 28 (Monday) — U.S. stocks extended their rally, with the S&P 500 closing up 0.12% at 7173.91 to notch another all-time high. Tom Lee, Fundstrat founder and widely known as the “Wall Street Oracle,” said the market has largely absorbed the impact of the Iran conflict—and he’s sticking to his 2024 S&P 500 target of 7700 points. In a CNBC interview, Lee cited the U.S. economy’s “amazing resilience,” noting the market has passed the latest round of geopolitical stress tests. Even amid ongoing Middle East tensions, he said investor sentiment has become significantly “desensitized.” Lee highlighted three core drivers fueling U.S. stocks now: - Strong corporate earnings: More than 89% of reporting companies have topped estimates; - AI-driven productivity gains starting to materialize; - Private credit market recovery outpacing expectations. Historical data, he added, shows U.S. stocks typically price in major geopolitical conflicts quickly early on and then gradually r