ETH rebound saves a crypto whale from $88.5 million in unrealized losses, with $270 million in long positions fully recovered.

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), the trading account "First Set 10 Big Goals" has fully closed all its BTC and ETH short positions worth $222 million via stop-loss, incurring a loss of $6.283 million. Long positions opened yesterday generated a profit of $13.04 million, while today’s short positions gave back $6.28 million in profits, resulting in a net profit of $6.76 million for this round of long-short trades.

According to HTX market data, Bitcoin has broken through the $72,000 mark, with a 11.8% increase in the past 24 hours.

In just the past 30 minutes, two wallets were liquidated for a total of $45.77M. 0x50b3 had 281 $BTC ($20.12M) liquidated. 0x66f8 had 240 $BTC ($17.15M) and 3,738 $ETH ($8.5M) liquidated.

According to U.S. financial media outlet Semafor, U.S. President Donald Trump’s latest move to avoid escalating military actions against Iran comes as Washington views talks between Iran and Oman—previously seen as a rare, productive negotiation channel—as deadlocked. A U.S. official and a White House official stated that the U.S. government believes the Iran-Oman talks collapsed several weeks ago. The talks had raised the possibility of a toll agreement for the Strait of Hormuz, a development that frustrated Trump. The Omani Embassy did not respond to the U.S.’s assessment of its negotiations. However, Trump still describes the situation with Iran as “very good” and remains optimistic that economic pressure can force Tehran to return to the negotiating table, even though he has halted future talks for the foreseeable future. Last night, Trump posted on social media threatening to launch an “economic war” against Iran, saying the U.S. will impose sanctions on any country that does business with Tehran. (Jin10)

Whales are buying $ETH! Whale 0x2d59 withdrew another 30,000 $ETH ($67.42M) from #Binance 20 mins ago. Over the past 3 weeks, the whale has withdrawn 120,000 $ETH($237.7M) from #Binance. Abraxas Capital withdrew 18,000 $ETH($39.56M) from #Binance today. Newly created wallet 0x2261 also withdrew 6,704 $ETH($14M) from #Binance today.

Whale codenamed "First Set 10 Big Goals" has once again cut losses by significantly reducing its short positions in Bitcoin (BTC) and Ethereum (ETH). The cumulative reduction amounts to 1,169.625 BTC and 24,684.515 ETH. The whale currently holds 1,066.759 BTC and 4,632.162 ETH, with the remaining positions still carrying unrealized losses exceeding $1.9 million.