Gold rose to a record of high over $ 3,500 per ounce early Tuesday as Bitcoin Continue to trade in a flawless fashion.
The Lookonchain -traced data showed that a whale address 0xFF15 was —ofload 425 BTC, worth $ 46.5 million, in exchange for more than 10,500 ETHs in the past four days.
Glassnode, meanwhile, said long -term holders rose to earn revenue, which spent 97,000 BTC on Friday.
Derivatives positioning
By Omkar Godbole
- Crypto futures bets worth $ 370 million have been lying in exchanges in the past 24 hours as the price of Bitcoin has booked, confusing expectations for a move less.
- Destruction leads to a denial of open interest (Hey) In futures tied to most of the top 10 tokens, BTC does not include. The open interest in the BTC increased by more than 1%, a sign of fresh capital flow.
- XRP printed by a “rotating bottom” Candles on Monday, indicating a potential bull’s reversal. However, the OI in the USD and USDT-denominated perpetuals in major exchanges fell 5.69% in conjunction with the amount of trading of anemic areas. The action weakens the case for a prolonged recovery.
- Eternal funding rates on an eight -hour basis for BTC, ETH, and other major cryptocurrencies walk just above the zero, indicating a slight bias toward the long ones.
- In CME, positioning BTC futures remains lightweight, next to a close record OI of 2 million eth in ether futures.
- In the derivit, BTC options reflect the concerns, with trade in a premium to call December Expiration. Ether options also show a put bias, but not as pronounced as BTCs. Options tied to the Sol and XRP signal are stronger demand for reversed exposure.
- The BTC block flows were slightly bearish, along with entrepreneurs who took the Expiration of September $ 105k placed and wrote the $ 135k call on October Expiration, at the same time as the calendar spread. In the case of ETH, it puts $ 3,800 and $ 4,200 raised.
Token talk
By Shaurya Malwa
- World Liberty Financial (Wlfi)The DeFI-related project related to Trump, is floating a buyback-and-burn program to ensure confidence after its rocky launch.
- Under the proposal, fees from WLFI’s liquidity positions in Ethereum, Binance Smart Chain and Solana will be used to buy tokens in the open market and permanently burn them.
- The design changes the framing of the token from oversupply to engineered scarcity. The more trading volume is equivalent to more fees, which are more burns.
- Team members said it was aligned with long-term holders with the growth of the protocol, even when he was called by skeptical optics of the outfit.
- WLFI traces 23 cents with a $ 6.39 billion market cap, down 24% on the day and far below futures-market appreciation more than $ 40 billion seen in the launch.
- A community-supported proposal also circulates in stake 80% of locked WLFI supply to pools, with rewards drawn from a 20% community reserve. The advocates say that the unexpected tokens turns into productive properties; Critics say it is token recycling.
- WLFI debut was damaged by security issues. Hackers took advantage of the EIP-7702 “delegate contract” feature of EIP-7702 to drain tokens from undisputed purses to so-called security researchers who exploit phishing style.
- The victims described the loss of most of their allocations. An investor said they had only 20% of their hands before attacking those who absorbed others.
- Slowmist Yu Xian’s founder warned the exploitation of the triggers once compromised users attempted to transfer, drainage funds to attack wallets.
- The scams multiply beside the exploitation: the bubblemaps flashed the WLFI “bundle clones,” while phishing links spread to the telegram and X, which further embraced early retail shoppers.
- The dual shock of price collapse and technical exploitation emphasizes the fragile dynamic launch of WLFI, with a insider-driven supply, management controversies and external security risks converting to test the project’s flexibility.
