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A 3% token move just triggered $36 million in Ethereum DeFi liquidations

A 3% token move just triggered $36 million in Ethereum DeFi liquidations

2 months ago by Crypto InsightsCrypto

One wallet bought heavily into a yield token, which pushed the price of its paired principal token down just enough to trigger liquidations across borrowers using it as collateral.

Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July

Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July

2 months ago by Crypto InsightsCrypto

The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.

A $2 million bet on XRP volatility crosses the tape as prices surge

A $2 million bet on XRP volatility crosses the tape as prices surge

2 months ago by Crypto InsightsCrypto

An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.

Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users

Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users

2 months ago by Crypto InsightsCrypto

The approved plan reallocates 546.9 million OP from user airdrops to a Foundation-controlled Strategic Ecosystem Fund.

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds

2 months ago by Crypto InsightsCrypto

The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

3 months ago by Crypto InsightsCrypto

A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.

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