Long traders bore the brunt of the damage when over $382,000 in Shiba Inu 
futures positions were liquidated in a single day, with $365,660 wiped from 
bullish bets and just $17,320 lost on the short side. Related Reading: XRP 
Monthly RSI Drops To All-Time Low As Market Watches For Confirmation That wave 
of forced closures came as a long-dormant SHIB wallet suddenly came back to 
life after nearly 10 months of silence, drawing fresh attention to a token 
already under pressure. A Wallet Empties Out Data from Arkham Intelligence 
shows the wallet began its return with a test run — a small 10 million SHIB 
transfer through a MetaMask swap. After that, the holder moved fast, pushing 
nearly 400 billion tokens through BitGo&#8217;s Forwarder Smart Contract across 
three separate transactions: nearly 112 billion first, then almost 190 
billion, then a final 99 billion. When it was done, the wallet held just 110 
SHIB. The total amount transferred came to 399,989,999,938 SHIB. The address, 
which had sat untouched since roughly last August, was effectively cleared out 
in a matter of hours. Reading The BitGo Move What the transfers mean is harder 
to pin down. BitGo&#8217;s infrastructure is commonly used by institutional players 
for OTC deals or to move assets into cold storage — neither of which shows up 
as a sell on public exchanges. So while the scale of the move is hard to 
ignore, it does not confirm any tokens were sold into the market. What is 
clear is that a holder sitting on a position worth tens of millions of dollars 
chose this particular week to act — a week when the broader crypto market was 
already sliding. Shiba Inu Under Pressure SHIB dropped 16% over the past week 
and lost the $0.000005 psychological support level in the process. At last 
check, the token was trading at $0.000004535, down another 3.50% in the prior 
24 hours. Related Reading: Bitcoin Price Plunges To $59K, Sparking Fears Of 
Deeper Decline The decline has pushed the memecoin toward the edge of the top 
30 cryptocurrencies by market cap, with SHIB sitting at 29th place and a 
market value of $2.65 billion. The timing of the whale&#8217;s reactivation, 
arriving alongside a broader market selloff and a fresh round of liquidations, 
made the move impossible to ignore — even if its purpose remains unknown. 
Featured image from Unsplash, chart from TradingView

Long traders bore the brunt of the damage when over $382,000 in Shiba Inu futures positions were liquidated in a single day, with $365,660 wiped from bullish bets and just $17,320 lost on the short side. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation That wave of forced closures &#8230;

A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life

Strategy’s top execs took to social media on Sunday to tout its Bitcoin 
strategy while shareholders cast final votes on a proposal for twice-monthly 
preferred stock dividend payments.

Strategy’s top execs took to social media on Sunday to tout its Bitcoin strategy while shareholders cast final votes on a proposal for twice-monthly preferred stock dividend payments.

Strategy’s Saylor signals BTC buy as preferred dividend pay date vote looms

The significant outflows from Bitcoin ETFs, led by BlackRock&#8217;s IBIT, highlight 
potential investor uncertainty and market volatility concerns.
The post Bitcoin ETFs see $326M outflow as BlackRock&#8217;s IBIT leads the exodus 
appeared first on Crypto Briefing.

The significant outflows from Bitcoin ETFs, led by BlackRock&#8217;s IBIT, highlight potential investor uncertainty and market volatility concerns. The post Bitcoin ETFs see $326M outflow as BlackRock&#8217;s IBIT leads the exodus appeared first on Crypto Briefing.

Bitcoin ETFs see $326M outflow as BlackRock’s IBIT leads the exodus

Secondary markets are reshaping exit strategies as companies stay private 
longer, impacting employee wealth and liquidity.
The post Brad Gerstner: Secondary markets are overtaking IPOs as exit strategies, companies are staying private longer, and SPVs are reshaping investment opportunities | All-In Podcast appeared first on Crypto Briefing.

Secondary markets are reshaping exit strategies as companies stay private longer, impacting employee wealth and liquidity. The post Brad Gerstner: Secondary markets are overtaking IPOs as exit strategies, companies are staying private longer, and SPVs are reshaping investment opportunities | All-In Podcast appeared first on Crypto Briefing.

Brad Gerstner: Secondary markets are overtaking IPOs as exit strategies, companies are staying private longer, and SPVs are reshaping investment opportunities | All-In Podcast

The hacker&#8217;s ETH purchase highlights ongoing vulnerabilities in DeFi, 
signaling potential market volatility and the need for improved security.
The post Pando Rings hacker buys 6,243 ETH for $10M amid market dip appeared 
first on Crypto Briefing.

The hacker&#8217;s ETH purchase highlights ongoing vulnerabilities in DeFi, signaling potential market volatility and the need for improved security. The post Pando Rings hacker buys 6,243 ETH for $10M amid market dip appeared first on Crypto Briefing.

Pando Rings hacker buys 6,243 ETH for $10M amid market dip

The capital shift towards mega-IPOs could temporarily divert institutional 
focus from Bitcoin, impacting its liquidity and market dynamics.
The post Michael Saylor warns mega-IPOs will trigger capital rotation away 
from Bitcoin appeared first on Crypto Briefing.

The capital shift towards mega-IPOs could temporarily divert institutional focus from Bitcoin, impacting its liquidity and market dynamics. The post Michael Saylor warns mega-IPOs will trigger capital rotation away from Bitcoin appeared first on Crypto Briefing.

A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life

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