A mysterious trader on the decentralized derivatives exchange Hyperliquid has once again shaken the crypto market. According to on-chain data from Hypurrscan, the trader — dubbed by the community as the “insider whale” — has expanded their Bitcoin short position to nearly $496 million, employing 10x leverage with a liquidation price near $124,270. The move comes just days after the same wallet opened a $163 million short, effectively doubling their exposure against Bitcoin as the market hovers around $111,662. The whale previously gained attention for earning over $192 million during the recent downturn, successfully shorting ahead of a steep market…
Author: Blockto Team
Ethereum’s decline under the $4,000 mark signals renewed bearish pressure, with traders eyeing support between $3,850 and $3,700 while resistance levels around $4,250 and $4,700 remain critical for recovery. Ethereum Faces Selling Pressure After Losing $4K Support Ethereum (ETH) has slipped below the $4,000 psychological level, triggering renewed caution among traders and investors. On the 2-hour chart, ETH shows clear rejection from the $4,250 resistance zone, followed by a steady sell-off that pushed prices back toward the mid-$3,900 range. According to the chart structure, the next demand zone sits between $3,850 and $3,700, highlighted by strong historical buying interest. Below…
A new academic study reveals that geosynchronous satellites are broadcasting unencrypted data globally, exposing private messages, encryption keys, and even military system traffic to anyone with basic equipment. Researchers Expose Startling Satellite Vulnerabilities A team of six cybersecurity researchers from the University of Maryland and the University of California has uncovered a major global privacy risk — satellites are leaking sensitive information in plain text, accessible with as little as $600 worth of hardware. In their study, researchers set up a consumer-grade satellite dish atop a university building in San Diego and monitored 39 geosynchronous satellites. The team discovered a…
Stellar posts a sharp rebound from $0.33 support as traders eye sustained recovery momentum After a volatile weekend that saw Stellar (XLM) tumble toward the $0.33 support zone, the altcoin has posted a notable rebound, rising over 6% in the past 24 hours to reclaim a short-term resistance at $0.35. The recovery comes amid renewed institutional interest following a broader crypto market crash that triggered over $20 billion in liquidations last Friday. The XLM/USDT pair has recovered from its steep intraday drop, showing early signs of stabilization within a critical green demand zone between $0.32 and $0.36. Market analysts note…
BTC struggles to hold key support amid growing market uncertainty Bitcoin’s price slipped below the $112,000 mark in early Tuesday trading, marking its sharpest daily decline since late September. The move has placed the leading cryptocurrency back inside a critical support zone between $110,000 and $108,000 — a level that previously fueled multiple bullish rebounds. On the daily chart, BTC/USD broke down from a rising parallel channel, losing momentum after repeated rejections near the $124,000–$126,000 resistance region. The latest sell-off confirms a short-term shift in sentiment, as traders reassess market risk following the recent volatility across crypto assets. Technical signals…
Banking giant explores digital asset trading but remains cautious on crypto custody JPMorgan Chase is preparing to take a significant step deeper into digital assets, with plans to offer cryptocurrency trading services to clients — though it remains cautious about handling crypto custody directly, according to a senior company executive. Speaking on CNBC’s Squawk Box Europe on Monday, Scott Lucas, JPMorgan’s global head of markets and digital assets, confirmed that the firm is actively developing crypto trading capabilities but does not intend to manage customer-held crypto assets in the near term. Lucas explained that the bank is currently evaluating external…
New TLS Attestation tool helps researchers cryptographically verify phishing attacks targeting crypto users Security Alliance (SEAL) has introduced an innovative tool designed to help cybersecurity professionals authenticate phishing reports — a growing problem that cost crypto users over $400 million in thefts during the first half of 2025. The nonprofit said on Monday that the system, called “TLS Attestations and Verifiable Phishing Reports,” enables security researchers to verify that a reported phishing website is genuinely malicious, even when scammers use advanced cloaking techniques to conceal harmful content from detection systems. “What we needed was a way to see what the…
Hedera Hashgraph breaks through $0.19 resistance as traders eye renewed accumulation After enduring one of the most volatile weeks in recent memory, Hedera Hashgraph (HBAR) has made a decisive technical rebound, breaking above the $0.19 resistance level amid a surge in trading activity. The move follows a steep sell-off earlier in October, when HBAR briefly collapsed toward $0.08, marking one of its sharpest intraday declines of the year. The token has since rebounded by more than 9%, signaling what analysts describe as a potential shift in market sentiment. The breakout above the $0.18–$0.19 zone, which previously acted as a strong…
Largest user compensation effort in Binance ecosystem history follows unprecedented liquidation event Binance’s BNB Chain has announced a $45 million compensation airdrop aimed at helping users who suffered heavy losses during Friday’s crypto market crash, which wiped out nearly $20 billion in leveraged positions worldwide. The initiative, dubbed the “Reload Airdrop,” will distribute BNB tokens to more than 160,000 eligible wallet addresses, with payouts scheduled to begin this week and conclude by early November. According to the network, the relief effort marks the largest user recovery plan ever launched within the Binance ecosystem. BNB Chain — originally developed by Binance…
Garrett Jin denies claims of coordinating massive Bitcoin short ahead of market crash Garrett Jin, former chief executive of the now-defunct crypto exchange BitForex, has denied allegations connecting him to a massive short position placed on Bitcoin just before U.S. President Donald Trump announced a 100% tariff on China last Friday — an event that triggered one of the sharpest intraday sell-offs in months. In a post published Monday on X, Jin stated he had “no connection with the Trump family” and rejected accusations that he was behind the trade. The claims originated from an online investigator known as Eye,…