A breakout wave of Solana-driven onchain activity is accelerating as Coinbase 
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global crypto traders. Coinbase Pushes Into High-Velocity Solana Onchain 
Trading A surge in demand for faster, deeper onchain execution is reshaping 
the crypto […]

Coinbase Supercharges Solana With High-Speed Vector Integration

Ethereum has officially broken below key support levels, and market sentiment 
is rapidly deteriorating as major assets across the crypto landscape continue 
to slide. Analysts are increasingly calling for the arrival of a new bear 
market, noting that both Bitcoin and the leading altcoins have lost critical 
technical zones that previously held the broader structure together. ETH, now 
trading at multi-month lows, is feeling the full weight of cascading 
liquidations, strong sell-side volume, and evaporating investor confidence. 
Related Reading: Bitcoin OG Owen Gunden Deposits Final 2,499 BTC ($228M) to 
Kraken – Details Adding to the growing uncertainty, Lookonchain reports a 
striking development: in just 10 days, more than $61 million in profit has 
disappeared for a well-known market participant often referred to as the Anti- 
CZ Whale. This trader previously gained attention for aggressively opening 
shorts immediately after CZ purchased ASTER — a move that paid off handsomely 
until the recent violent downturn reversed his fortunes. The Anti-CZ Whale’s 
Unrealized Profit Collapse Adds Pressure According to Lookonchain, the trader 
known as the Anti-CZ Whale has taken a massive hit during the latest market 
downturn — and Ethereum sits at the center of the damage. Just 10 days ago, 
this whale had accumulated nearly $100 million in total profit on Hyperliquid, 
largely fueled by aggressive positions built during periods of high 
volatility. However, as the crypto market sharply corrected, his oversized ETH 
and XRP longs turned against him. The result has been a brutal drawdown: his 
total profit has now fallen to just $38.4 million, wiping out more than 60% of 
gains in less than two weeks. This dramatic reversal reflects more than one 
trader’s misfortune — it signals the extent of the pressure weighing on 
Ethereum. As ETH continues to decline and investor sentiment deteriorates, 
even the most seasoned actors are struggling to navigate the volatility. The 
whale’s rapid profit erosion highlights how quickly bullish conviction can 
shift when key support levels fail. For Ethereum, holding the current zone is 
crucial. Price action has already inflicted significant pain across longs, 
short-term holders, and leveraged players. If ETH loses this support 
decisively, the next wave of forced selling could deepen losses and accelerate 
the broader market capitulation. Related Reading: Bitcoin Mean Reversion 
Oscillator Prints First Green Oversold Bar in Months – A Classic Bull-Market 
Bottom Signal ETH Price Analysis: Testing a Major Weekly Support Zone Ethereum 
has entered a critical phase on the weekly timeframe, with price pulling back 
sharply toward the $2,680 region — a level that now acts as the last 
meaningful support before a deeper market breakdown. The chart shows a strong 
rejection from the $4,500 zone earlier this quarter, followed by a sustained 
series of lower highs and lower lows, confirming a medium-term downtrend. The 
50-week moving average has been lost decisively, and ETH is now sitting 
directly on top of the 100-week MA, a level that has historically acted as a 
key pivot during major market corrections. Volume has expanded during the 
recent drop, highlighting an environment driven by fear and forced selling 
rather than controlled profit-taking. This aligns with broader market 
conditions, where liquidity is thin and volatility remains elevated across 
majors. A clean break below $2,650 would open the door for a retest of the 
$2,300–$2,400 zone, which served as strong accumulation during previous 
cycles. Related Reading: Bitcoin Capitulation Deepens Around $90K Level: 
Classic Late-Stage Fear Structure Emerging However, the weekly chart also 
shows that ETH is entering a historically oversold area, similar to mid-2022 
and late-2023, where reversals eventually formed after weeks of compression. 
For now, Ethereum must hold above this weekly support to avoid a deeper 
retrace and preserve the structure needed for a potential recovery. Featured 
image from ChatGPT, chart from TradingView.com

Anti-CZ Whale Loses Big: $61M in Profit Wiped Out As Ethereum and XRP Longs Collapse

The catalyst could serve as a wake-up call and send Bitcoin to $150,000 
overnight, though it “would have to be real,&#8221; according to Jeff Park.

Sovereign Bitcoin adoption would be the ultimate upside catalyst: Jeff Park

The crypto market is reeling once again after an intense wave of liquidations 
erased over $2 billion in leveraged positions within a single day. Related 
Reading: Ethereum Dead Cat Bounce Puts Price At $3,400, But What’s The 
Ultimate Target? With Bitcoin, Ethereum, Solana, and other major assets 
plunging sharply, traders are bracing for what could be another turbulent 
stretch, especially with billions in options set to expire. ETH&#8217;s price trends 
to the downside on the daily chart. Source: ETHUSD on Tradingview Massive 
Liquidations Trigger Steep Sell-Off According to data from Coinglass, more 
than $2 billion in long and short positions were liquidated over the last 24 
hours, marking one of the most severe unwinding events since October’s 
historic crash. Bitcoin (BTC) crashed as low as $82,000, while Ethereum (ETH) 
slid below $2,700. Traders holding long positions bore the brunt of the 
damage, with over $1.8 million in longs wiped out across major exchanges. The 
largest single liquidation order took place on Hyperliquid, where a massive 
BTC-USD position valued at $36.78 million was wiped out. Over the past 24 
hours, Bitcoin long liquidations alone have totaled approximately $966 
million, while Ethereum long positions have similarly suffered around $407 
million in losses. With no details revealed on the specific tokens or 
exchanges involved, the incident still sent shockwaves through the community, 
further fueling bearish sentiment. Options Expiry and Whale Moves Add to 
Market Pressure The sell-off comes ahead of a crucial $4.2 billion crypto 
options expiry, with more than 39,000 BTC options and 185,000 ETH options set 
to expire. Traders have leaned heavily into put positions, signaling 
expectations of further downside. For Bitcoin, the max pain point sits near 
$98,000, well above current prices, while Ethereum’s around $3,200. Meanwhile, 
whale behavior has added fuel to the fire. A mega BTC whale who has held 
Bitcoin since 2011 reportedly sold over 11,000 BTC, worth $1.3 billion, 
intensifying downward pressure. However, at the same time, other large holders 
accumulated over $65 million in spot BTC near the $85,000 level, hinting at 
strategic dip-buying even as volatility spikes. Fragile Liquidity Keeps Market 
on Edge The market’s instability can be traced back to October’s $19.5 billion 
liquidation event, which severely disrupted liquidity conditions. Market 
makers, still recovering from the shock, remain cautious, creating a fragile 
environment where even minor price swings can trigger cascading liquidations. 
Despite the chaos, signs of resilience emerged from infrastructure players 
like Solana and Fireblocks, which maintained high transaction speeds and 
network reliability during periods of unprecedented stress. Related Reading: 
Saylor’s Strategy Under Threat: Index Status At Risk With $8 Billion On The 
Line As macro uncertainty, ETF outflows, and whale behavior continue to shape 
sentiment, the crypto market remains firmly on edge, with traders watching 
closely to see whether this correction deepens or sets the stage for the next 
major recovery. Cover image from ChatGPT, ETHUSD chart from Tradingview

Crypto Market Remains on Edge After Over $2B Wiped Out in the Last 24 Hours

Grayscale Dogecoin Trust ETF’s imminent NYSE Arca launch accelerates regulated 
crypto expansion, amplifying interest in accessible digital-asset investing 
and building anticipation for its parallel XRP ETF rollout. Grayscale Dogecoin 
Trust ETF Advances Toward NYSE Arca Listing Expanding regulated crypto 
vehicles continues to shape market access as exchange registrations progress. 
Grayscale Dogecoin Trust ETF filed on […]

Cryptocurrency price in AUD