Category: Cryptocurrency news

Massive Bitcoin derivatives gap between CME and Coinbase threatens violent position shakeout

Leveraged funds held a 41,252 $BTC-equivalent net short across CME Bitcoin futures, including standard and Micro contracts on Aug. 25, while the CFTC snapshot showed the same category net long just 151 $BTC in Coinbase’s nano Bitcoin perpetual-style contract. For the next forced unwind, the important distinction is scale rather than an evenly matched directional […]

The Hidden Movement Behind the Bitcoin Rally Detected: 60,000 BTC Accumulated! Here Are the Details

Bitcoin, the leading cryptocurrency, has experienced a significant surge in recent days, climbing from $62,000 to over $81,000. Whales were the biggest buyers during this rise, and there was a clear divergence between the actions of large and small investors. According to on-chain data shared by CryptoQuant writer Woo Minkyu (using a pseudonym), large wallets […]

Bitcoin-Focused Company Metaplanet Transfers Hundreds of Bitcoin (BTC) to Coinbase! Is a Sell-Off Coming? Here Are the Details

Metaplanet, a Japan-based Bitcoin-focused company, has made headlines in the cryptocurrency market with a recent Bitcoin transfer. According to data from the on-chain analytics platform Lookonchain dated August 31st, the company sent a total of 2,400 Bitcoin to Coinbase Prime within the last three hours. The total value of the transferred Bitcoins at the time […]