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The smart money that successfully went from a long ETH position to a short position on the 30th has today transitioned from a Bitcoin short position to a long position, and has opened a long position on ETH.

17 hours ago

On August 1st, based on on-chain information, a shrewd whale today converted their Bitcoin short position into a long position and established an ETH long position. As of the time of writing, the address holds a total of $3.61 million worth of 25x leveraged Ethereum longs and $1.8 million worth of 40x leveraged Bitcoin longs. Earlier, on July 30th, this shrewd whale flipped their ETH longs to shorts at an entry price of $3,803. This address has cumulatively earned nearly $36 million in profits on Hyperliquid.
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In the past 4 hours, there has been a total of $332 million in liquidations across the network, with long positions being the primary liquidated.

On August 2nd, according to Coinglass data, within the past 4 hours, a total of $332 million has been liquidated across the network. Among them, $318 million is from long liquidations and $13.7068 million is from short liquidations. In the past 24 hours, the entire network has witnessed a liquidation of $1.059 billion. Long liquidations amount to $970 million, while short liquidations reach $89.1917 million. The largest single liquidation took place on Binance - ETHUSD_PERP, with a total of $13.7912 million.

1 hours ago

Ethereum Drops Below $3,450 in Short-Term Correction

On August 2nd, based on HTX market data, Ethereum briefly fell below $3,450, experiencing a 24-hour decrease of 6.53%.

1 hours ago

SOL Short-Term Dips Below $160

On August 2nd, according to HTX market data, SOL briefly dropped below $160, experiencing a 24-hour percentage decline of 6.92%.

1 hours ago

Bitcoin Falls Below $113,000

On August 2nd, according to HTX market data, Bitcoin dropped below $113,000, experiencing a 24-hour decline of 2.68%.

1 hours ago

Trader Bets Bigger on September Fed Rate Cut, Possibly Due to C?uré Resignation

August 2nd: Traders have heightened their wagers on a Fed rate cut in September. In terms of the news aspect, Federal Reserve Governor Cugler is set to resign next week, enabling Trump to appoint a preferred candidate in advance. (FXStreet)

1 hours ago

Trump: Non-Farm Payrolls Data Was Manipulated to Embarrass Me

On August 2nd, U.S. President Trump's latest social media message reads: "In my opinion, today's employment data has been manipulated in order to embarrass Republicans and me. Just like they did around the 2024 presidential election. Firstly, they presented three days of good data. Then, on November 15th, 2024, shortly after the election, that data was significantly revised downward. It's a complete fraud." "Too late, Mr. Powell" is not in a good situation either! But the good news is that our country is performing very well! (FXStreet)

1 hours ago

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