A massive crypto investor has resurfaced with nearly $900 million in leveraged short positions against Bitcoin and Ether, signaling expectations of a short-term market pullback after recent record highs. An $11 billion Bitcoin whale has made a striking return to the market, opening $900 million in leveraged short positions against Bitcoin (BTC) and Ether (ETH). The move comes after a two-month trading pause and suggests that even large holders expect a temporary correction in the crypto market despite recent bullish momentum. According to blockchain analytics platform Onchain Lens, the whale initiated the trades on Thursday, beginning with a $360 million…
Author: Blockto Team
LTC Price Breaks Out Amid Renewed Market Momentum Litecoin (LTC) posted a 12% surge in the last 24 hours, breaking above key technical levels as bullish momentum returned across the altcoin market. The rally has pushed the cryptocurrency to around $132, marking one of its strongest daily performances in months. The move came as LTC/USDT broke out of a long-term consolidation channel, reclaiming a crucial support region between $108 and $115, as shown on the chart. The price has now entered a major supply zone near $130â$135, where sellers previously rejected upward moves. BITX Analysts note that Litecoinâs recent breakout…
Central banksâ record demand for gold is reshaping global reserve strategies â and may pave the way for Bitcoin to emerge as a future reserve asset, according to Deutsche Bankâs latest report. Global central banks are buying gold at the fastest pace in decades, marking a historic shift that could influence Bitcoinâs path as a future reserve asset, according to a new analysis by Deutsche Bank. The report highlights that goldâs share of central bank reserves reached 24% in the second quarter of 2025 â its highest level since the 1990s â while Bitcoin continues its own record-breaking performance this…
PeckShield Traces Massive Hack to User-Side Security Breach A wallet on the decentralized trading platform Hyperliquid was drained of approximately $21 million in crypto assets following a private key compromise, according to a report from blockchain security firm PeckShield. The attack underscores that even as DeFi platforms strengthen smart contract security, user-side vulnerabilities remain a critical weak point. PeckShield revealed that the hacker gained full access to the victimâs wallet, enabling them to transfer funds in a single transaction. The stolen assets reportedly included 17.75 million DAI and 3.11 million MSYRUPUSDP, both of which were bridged to Ethereum shortly after…
Lazarus Group Suspected in Renewed Wave of Cyberattacks Against Crypto Leaders Binance co-founder Changpeng âCZâ Zhao revealed that his Google account was recently targeted by âgovernment-backed attackers,â sparking fresh concerns over cyber threats from state-sponsored hacking groups such as North Koreaâs Lazarus Group. In a post shared on X (formerly Twitter), Zhao said he received a security alert from Google warning that his account was being targeted. âI get this warning from Google once in a while. Does anyone know what this is? North Korea Lazarus? Not that I have anything important on my account,â Zhao wrote. The Lazarus Group…
Metaplanet (MTPLF) â the Tokyo-based Bitcoin-focused investment firm â has temporarily suspended its share sales program aimed at funding additional Bitcoin acquisitions. The company announced it will pause the exercise of its 20th to 22nd series of Moving Strike Warrants from October 20 to November 17, halting stock issuance via a third-party allotment to Evo Fund. Why Metaplanet Is Pausing Its Bitcoin Funding Plan The decision follows a sharp 70% decline in Metaplanetâs share price since June, leaving its valuation at just 1.05x its net asset value (NAV) â the lowest multiple since it launched its Bitcoin strategy. With the…
BNB price has surged 129% in recent months, driven by Binanceâs strong network activity and rising inflows. Technical indicators suggest the asset is consolidating within a bullish ascending channel, hinting at continued momentum. Binance Coin (BNB) has staged an impressive 129% rally, positioning itself as one of the top-performing large-cap cryptocurrencies of 2025. Analysts note that the surge closely mirrors Solanaâs breakout momentum from 2024, fueled by strong ecosystem growth and capital inflows. With $14.8 billion entering Binanceâs ecosystem in the last quarter, traders are now eyeing whether BNB can maintain its upward trajectory amid consolidation. Recent technical analysis on…
The National Tax Service intensifies its crackdown on crypto-related tax evasion, signaling that home searches and cold wallet confiscations will now be part of its enforcement strategy. In a significant escalation of its tax enforcement strategy, South Koreaâs National Tax Service (NTS) has declared that crypto assets stored in cold wallets are now within the scope of seizure. The agency aims to prevent tax evasion by targeting individuals hiding digital assets offline â a move that underscores the growing scrutiny of crypto ownership in one of the worldâs most active digital markets. According to reports from local media, NTS officials…
Banco de CrĂ©dito del PerĂș introduces Cryptococos, a pilot program authorized by Peruâs financial regulator, allowing clients to securely buy and hold Bitcoin and USDC under BitGoâs custody. Peru has taken a historic step toward financial innovation as Banco de CrĂ©dito del PerĂș (BCP) becomes the first regulated Peruvian bank to offer access to digital assets. The countryâs largest financial institution, managing over $52 billion in assets, has unveiled a pilot crypto platform named Cryptococos, authorized by the national banking regulator. The project allows select clients to buy and hold Bitcoin (BTC) and USDC, marking a regulated entry of traditional…
The blockchain infrastructure firm strengthens its position as the largest institutional holder of ETH amid growing corporate adoption. BitMine Immersion Technologies (BMNR) has reportedly added 23,823 ETH, valued at approximately $103.7 million, to its corporate Ethereum treasury this week, according to on-chain data analyzed by Lookonchain. The purchase reinforces the companyâs long-term accumulation strategy and solidifies its standing as the largest corporate holder of Ethereum globally. Blockchain tracking platforms indicate that the ETH transfer originated from a BitGo-linked wallet, moving to the address beginning with 0xF8câŠ338E7. While BitMine has yet to publicly confirm the transaction, several analytics firms have verified…
