Prominent Macro Analyst: Liquidity Easing Requires Nuclear-Grade Money Printing, Short-Term Bearish on Bitcoin

BTC.TOP founder Jiang Zhuoer stated in a post that Bitcoin’s price trajectory aligns with one of his previously outlined expected scenarios: “Test the high resistance zone of $83,000 to $84,000, then a major pullback will follow.” Jiang added, “This pattern means this is not the peak—wait and see, don’t go short, and hold full spot ETH positions for further upside.”

PancakeSwap’s first Pre-Access project, pPOLY, opened for subscriptions at 17:00 today and sold out rapidly. A total of 309,677.42 pPOLY tokens were offered at a subscription price of $15.5, with a total issuance size of approximately $4.8 million, corresponding to an implied valuation of $15.5 billion.

According to TradingBeats monitoring, address 0x15a4...dfdb has not adjusted its two perpetual BTC and ETH positions since opening long positions for the two assets in July. As of press time, the combined value of its two positions is approximately $111 million, with unrealized profits of around $30.95 million. The address opened a 1,000-BTC long position in batches on July 6, with an average entry price of about $62,353.60 and 40x leverage; the current BTC position is valued at roughly $83.88 million, with an unrealized profit of approximately $21.53 million. Its ETH long position was initiated on July 8, and increased to 10,000 ETH on July 14, with an average entry price of around $1,761.94 and 20x leverage; the current ETH position is worth about $27.04 million, with an unrealized profit of roughly $9.42 million. The address’s cumulative profit and loss stands at approximately $31.51 million, with available account margin of around $22.06 million. Trading records show its most recent transaction occurred on July 25, with no subsequent additions or reductions to its BTC or ETH long positions.

Abraxas Capital's short positions on #Hyperliquid have reached $1.2B, with an unrealized loss of over $100M!

According to TradingBeats' monitoring, a short-term rally in Bitcoin (BTC) triggered liquidations totaling $65.6 million in short positions on Hyperliquid. Among these, the BTC short position of 122.88 BTC held by an address starting with 0xec0b was fully force-closed by the system in two rounds, with a liquidation volume of approximately $10.165 million, marking the largest single liquidation on the platform. This BTC short position was opened on September 4, with an average entry price of around $81,335.90, and held for about 17 days. The average execution price of the forced liquidation was roughly $82,720.70, meaning BTC had risen only about 1.7% from its entry cost, resulting in a realized loss of approximately $170,200. Meanwhile, the address’s long Ethereum (ETH) position remains open. It currently holds 7,007.8 ETH in long positions, valued at around $18.951 million, with an average entry price of about $2,065.97 and an unrealized profit of roughly $4.473 million. The address previously held a simultaneous long ETH / short BTC position, a spread trade essentially betting on ETH’s relative strength against BTC. However, during BTC’s short-term rally, the short side hit the liquidation threshold first, forcing the original position pair to be unwound.

According to TradingBeats' monitoring, Bitcoin briefly broke through $84,000. The only remaining contract position under Garrett Jin’s account — a 3x Bitcoin long order — has now generated an unrealized profit of $7.76 million. However, it’s a mixed picture: a long-term ETH “diamond hand” held a Bitcoin short order worth $10.16 million that was liquidated half an hour ago. Additionally, Abraxas Capital, the largest holder of Bitcoin short positions on Hyperliquid, reported unrealized losses of $23.51 million and $17.11 million respectively for its two Bitcoin short addresses.