News with the tag "cryptocurrency market"

Machi Big Brother, a prominent NFT whale, suffered a $3.86 million floating loss due to leveraged positions in PUMP, ETH, and HYPE tokens, highlighting the risks of high leverage in volatile markets.

CryptoQuant's on-chain data reveals a significant decline in Bitcoin's organic demand despite aggressive accumulation by ETFs and MicroStrategy, suggesting a potential challenge for Bitcoin to surpass its all-time highs without broader market participation.