Author: NBTC
Taiwanese singer and crypto whale Huang Licheng, aka Machi Big Brother, is once again making waves in the crypto market. After facing a massive liquidation that wiped out $13.7 million in profits. Machi has doubled down on his Ethereum bets, showing he’s not backing down from volatility. 吴说获悉，据 Lookonchain 监测，Machi（台湾歌手黄立成）在遭清算后再次向 Hyperliquid 存入 28.4 万 USDC，继续做多 ETH。其当前持仓为 2,300 枚 ETH（约 880 万美元），清算价为 3,680.92 美元。该账户从累计盈利 4484 万美元转为累计亏损超 1370 万美元。https://t.co/RDocYOft6j — 吴说区块链 (@wublockchain12) October 23, 2025 Machi’s $8.8 Million ETH Comeback According to on-chain data from Lookonchain, Machi deposited 284,000 USDC into the decentralized derivatives exchange Hyperliquid shortly after his recent liquidation. This…
High-risk, high-leverage trader James Wynn has initiated a 40x leveraged short on Bitcoin (BTC), betting against the current market surge. Wynn’s bold short trade comes at a time when optimism is rising among market players. Crypto whales are stacking substantial long positions in BTC, Ethereum (ETH), and more, suggesting widespread bullish confidence in the market’s future trajectory. James Wynn Moves Against the Crypto Market BeInCrypto recently reported that the September US Consumer Price Index (CPI) came in cooler than expected. This triggered a sharp rally in Bitcoin and the broader crypto market. With inflation easing, investor focus has shifted to…
Japan becomes 11th nation to launch government-backed Bitcoin mining using renewable energy sources. The 4.5-megawatt project will use hydro-cooled rigs and begin operations by late 2025. Analysts predict Bitcoin could hit $160,000–$200,000 by end of 2025 amid rising demand. The global race to accumulate Bitcoin is heating up, with nations competing to secure every new coin entering circulation. And Japan just joined in. Once cautious about crypto, the nation is now embracing Bitcoin as part of its energy and digital strategy. This move places Japan alongside countries like the UAE, Bhutan, and El Salvador, marking a major turning point for…
With Bitcoin trading in a tight range, the crypto market continues to remain on the sidelines, leading to an uptick in speculation from large investors. A newly created wallet purchased $32 million worth of Ethereum on crypto exchange OKX at an average price of $3,824, per Arkham data. The whale’s purchase comes after SharpLink and Bitmine Immersion Technologies announced the accumulation of 203,826 and 19,271 ETH, respectively, last week. The purchases are worth $792 million and $74.9 million, respectively, with Ethereum currently trading around $3,882, up 1.2% on the day, according to CoinGecko data. “The newly created wallet’s purchase is…
Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,850 and $3,920. Ethereum started a fresh recovery above $3,750 and $3,800. The price is trading below $3,850 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $3,850 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Dips Again Ethereum price started a minor recovery wave from the $3,700 zone, like Bitcoin. ETH price surpassed the $3,750…
Fundstrat co-founder Tom Lee has predicted a 15x rally for Ethereum, which would see the cryptocurrency surge to $60,000 highlights a bullish undercurrent often missed during market consolidation. While ETH price action might appear muted, veteran strategists point to tangible Ethereum institutional adoption drivers as the real signal for future potential. Key factors include firms adopting ETH treasury strategies, rising Spot ETF inflows, and Ethereum’s central role in the booming RWA tokenization market, all indicating increasing Wall Street integration; elements already set up to trigger an immediate rally to push Ethereum’s price to $8,000 by the end of 2025. Related:…
The financial world is buzzing with discussions around digital currencies, and the Bank of Korea (BOK) has just weighed in with a significant recommendation concerning won stablecoins. Imagine a digital currency pegged to the Korean Won, offering stability in an often-volatile crypto market. The BOK suggests a dual approach: traditional banks should take the lead in issuing these digital assets, while non-bank institutions would handle their distribution through a collaborative consortium. This strategic advice aims to harness the innovation of stablecoins while mitigating potential risks. Why Are Won Stablecoins a Hot Topic for the Bank of Korea? The BOK’s insights,…
Ethereum has been consolidating after a sharp rejection near the $4,500 resistance zone. Price action remains choppy and indecisive, with the bulls trying to hold the key support levels while the broader market sentiment leans defensive. Macro support zones remain intact for now, but the recent drop in bullish momentum is clearly visible in both price structure and RSI behaviour. Technical Analysis By Shayan The Daily Chart The daily structure shows that ETH has broken below its ascending parallel channel and recently lost the momentum that carried it above $4,400. After failing to hold the lower trendline and the 100-day…
While institutional interest in XRP continues to increase day by day, the latest news came from a company called Evernorth Holdings. As you may recall, Evernorth, a new cryptocurrency startup backed by Ripple, recently announced that it plans to raise over $1 billion to create the largest publicly traded XRP treasury. With the support of Ripple, SBI, and leading crypto investors in its $1 billion XRP plan, Evernorth is quickly becoming a major player in the XRP space and is approaching its $1 billion target. According to On Chain data, Evernorth Holdings has accumulated approximately 388.7 million XRP to date.…
Ethereum (ETH) continues to trade near $3,884, showing limited momentum after repeated failures to stay above the $3,900 resistance zone. The price action reflects consolidation within a tight range, as traders await a clear breakout signal. Moreover, technical indicators reveal a cautious sentiment, with ETH trading below its major exponential moving averages (EMAs). Consolidation Phase Amid Technical Barriers The 4-hour chart shows ETH struggling beneath key EMAs 20, 50, 100, and 200 clustered between $3,890 and $4,134. This alignment highlights persistent bearish pressure. Immediate resistance sits at $3,944, followed by $4,033 and $4,134. A clean breakout above the $4,254 Fibonacci…