A Certain Borrower Shorts ETH and Whale Doubles Down Against the Trend, Borrowing Over 35,000 ETH in Total, with a Liquidation Price of $3,453.36

June 15: A majority of institutional investors hold that Bitcoin still has further downside potential, with overall market sentiment remaining cautious. Macroeconomic uncertainty, tighter liquidity, ETF outflows, and capital shifting to AI and other sectors continue to weigh on BTC’s price. David Grider, Partner at Finality Capital, noted his firm expects Bitcoin’s current market bottom could arrive in late Q3 or early Q4 of 2026, with BTC bottoming in the $45,000–$55,000 range. Even investors who believe the market is nearing a bottom don’t anticipate a strong short-term rebound. Research shows many funds are increasing cash positions, cutting directional risk exposure, and adopting more market-neutral, hedging, and derivative strategies to navigate volatility. Meanwhile, institutional funds are focusing on fundamentally strong areas like DeFi, AI, and tokenized assets, rather than allocating solely to Bitcoin. Institutions generally cite high interest rates, liquidity contra

June 15 update: Per on-chain monitoring from analytics platform LookOnChain, the trader behind Ethereum address 0xa2e8 has completed a total of 10 Ethereum (ETH) trades over the past five days, taking both long and short positions. Nine of these 10 trades were profitable, delivering an overall 90% success rate and roughly $4.93 million in total profit. The latest data also shows this trader currently holds a short position of 17,000 ETH. At current ETH prices, this position is valued at approximately $29.32 million, and is being traded with 20x leverage.

On June 15, spot silver saw an intraday surge of 4% according to Bitget market data, with the metal now trading at $70.70 per ounce.

June 15 — Cryptocurrency technical analyst alicharts released an analysis of HYPE using a 4-hour timeframe chart. The assessment finds HYPE appears to be forming the right shoulder of a head-and-shoulders pattern. Right now, $65 acts as a key resistance level for the asset. If HYPE’s price falls below $54, the bearish head-and-shoulders pattern will be officially confirmed.

June 15 — This week’s policy-setting interest rate meeting marked the first time Kevin Warsh has presided over the gathering in his new role as Federal Reserve Chair. While markets had priced in no change to borrowing costs, Wall Street was laser-focused on his communication style to gauge the Fed’s future policy trajectory. Nick Timiraos, *The Wall Street Journal*’s chief economics reporter — widely known as the “Fed Whisperer” — noted Warsh has limited flexibility to shift interest rates in the current environment. The ongoing Iran conflict has driven energy prices higher, keeping inflation persistently elevated, and internal Fed debates have pivoted from talking about rate cuts to debating hikes. Even if Warsh holds different policy leanings, it would be tough to tweak the central bank’s current policy stance right away. Compared with adjusting interest rates, Warsh is more likely to prioritize revamping the Fed’s communication framework. Reducing the central bank’s balance sh