A prominent trader noted that during the previous bull market, Bitcoin’s maximum pullback before its all-time high (ATH) was 22%, adding that this cycle’s pullback should likely not exceed 15%.
Prominent trader Killa posted that during the previous crypto bull cycle, Bitcoin’s largest pullback before hitting its all-time high (ATH) was 20-22%, meaning the leading cryptocurrency never corrected more than 22% while rallying toward its ATH. Applying the same proportional logic to the current cycle, a relatively mild bear market (which saw Bitcoin fall 54% this cycle, a far shallower decline than prior downturns) should result in a similarly moderate bull market pullback, putting this cycle’s expected major correction in the roughly 10-15% range. Killa argues mathematically that this means buying dips with 4x leverage should be relatively safe as Bitcoin advances toward its $126,000 peak, provided traders do not go long at the top of each market phase. A BTC-focused quantitative trader, Killa correctly predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then flipped to a long position during the broad market selloff on June 5.
8 minutes ago
Bankless Co-founder: ZEC Is Similar to 2021 ETH, BTC and ETH Unlikely to See Another 10x Growth
Bankless co-founder David Hoffman has published an article noting that the crypto market occasionally sees instances where a single asset absorbs capital flows from Bitcoin holders. In 2021, Ethereum (ETH) experienced a similar phenomenon, and in 2026, Zcash (ZEC) is mirroring that trend. Leveraging its privacy and anti-quantum narratives, ZEC has successfully drawn some Bitcoin holders to treat it as a "just in case" hedge, fueling a sharp surge in its market capitalization. The actual driver behind ZEC's rise is spillover from Bitcoin (BTC) wealth, not fresh capital. Separately, NEAR is absorbing relatively weak "smart contract buy demand" in 2026. Hoffman further argues that BTC and ETH can no longer achieve 10x growth, with more innovation being captured by new projects such as Hyperliquid and Ethena, as well as traditional finance, which could limit the overall expansion of the crypto industry. Earlier reports indicate that in early June, Hoffman fully disclosed on X the allocation of funds following his ETH liquidation: VVV (Venice AI's governance token), NEAR, ZEC, LIT, and HYPE.
8 minutes ago
Hyperliquid burned over 34,000 HYPE tokens in the past 24 hours, valued at approximately $3.26 million.
According to Onchain Lens monitoring, Hyperliquid purchased and burned 34,280 HYPE tokens over the past 24 hours at a volume-weighted average price (VWAP) of $95.25, totaling roughly $3.26 million. Data shows that the cumulative amount of HYPE burned has reached 48.89 million tokens, valued at approximately $451 million, accounting for 4.89% of its maximum supply. The protocol’s revenue over the past 30 days stood at $60.58 million.
8 minutes ago
KB Securities partners with Securitize and Optimism to advance institutional tokenized securities in South Korea.
South Korean brokerage KB Securities has signed a memorandum of understanding (MOU) with Securitize and Optimism to advance tokenized securities for South Korean institutional investors, with plans to use OP Mainnet as the on-chain infrastructure. KB Securities will be responsible for product initiation, issuance and distribution, while Securitize will provide tokenization, fund management and transfer infrastructure, and Optimism will handle on-chain technical support. Securitize reported that its tokenized asset volume exceeded $50 billion as of July 2026. (The Defiant)
8 minutes ago
Hut8 wins bid for Poolin’s Texas data center for $140 million.
Hut 8 has won the bidding for Pyote and Tarbush data centers owned by bankrupt crypto mining firm Poolin in Texas for $140 million, a bid nearly triple the initial base offer of $52 million. The deal still requires approval from the U.S. Bankruptcy Court for New Jersey, with a related hearing scheduled for September 29. Poolin holds roughly $173 million in liabilities, of which approximately $163.7 million is unsecured debt owed to Poolin wallet users. This acquisition will further expand Hut 8’s artificial intelligence infrastructure footprint.
8 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
