Key Highlights: An on-chain investor identified as âMk4â holds over $25 million in NEAR Protocol ($NEAR) long positions, netting around $12.15 million in unrealized profits. In contrast to the heavy NEAR exposure, the trader maintains $13.1 million in aggregate short positions against leading digital assets. The short positions span Bitcoin, Ethereum, Solana, XRP, BNB, Cardano, ...
Key Highlights: Wormhole (W) suffered a sharp 34% decline amid aggressive spot market selling, creating a stark divergence between spot sell-offs and perpetual derivatives action. Perpetual metrics show conflicting signals: while the Long/Short Ratio held a modest bullish tilt at 1.05 with over $1.06 billion in 24-hour volume, Open Interest plummeted more than 48% to ...
Key Highlights: London-based asset manager Abraxas Capital Management has been linked to two prominent wallets maintaining substantial short positions on the Hyperliquid decentralized exchange. Beyond major perpetual futures bets against Bitcoin (BTC) and Ethereum (ETH), the addresses hold short exposure to Solana (SOL), Hyperliquid (HYPE), Ethena (ENA), Ripple (XRP), Sui (SUI), and Big Pump (PUMP). ...
Key Highlights XRP trades at $1.41 after a failed breakout above $1.45 resistance, signaling potential bearish technical structure. Order flow data shows rising short positions since September 18, while XRP loses ground against Bitcoin. Analysts expect sideways trading with downward pressure next week, targeting $1.36 support before a possible test of the low $1.30s. XRP ...