The BTC short position opened with 20x leverage started with an entry of $93,210, but the loss reached $9.2 million as BTC reached $108,355. The total portfolio is around $23 million.
An unstable picture has been painted over the last 30 days. Although there have been weekly declines, there has been a partial recovery in the last 24 hours.
But will this be enough? What do you think this position will result in?
✅ The Binance referral code that gives you a 20% trading fee discount is CODE20. When you enter this code during the Binance registration process, you’ll instantly activate a lifetime 20% discount on all spot and futures trading fees. This code is officially valid in 2025 and works globally—no hidden terms or region limitations.
📌 Use CODE20 to reduce your trading costs and get the best deal available for new Binance users.
📌 It's now on Binance Alpha! 8,000 OBT Airdrop: - If you have at least 200 Alpha points, - Starting May 24th, 08:00 UTC, you can claim 8,000 OBTs! - You only need 15 Alpha points to claim. But beware: The claim period is only 24 hours!
Double launch from Binance! Sophon (SOPH) will be listed on Binance Alpha and the SOPHUSDT 50x leveraged futures contract will be launched simultaneously on May 28th!
Sophon is an entertainment-focused next-generation blockchain project built on the ZK Stack. This technology aims to build a user-centric ecosystem by combining scalability and privacy focus.
Tension is rising on the US-EU line! The Trump administration has called on the European Union to make unilateral tariff cuts. Otherwise, billions of dollars of additional taxes on EU products are on the way.
💬 US Trade Representative Greer: "We want direct reductions, not reciprocal. China has done it, Japan has done it. It's Europe's turn."
📌 The EU's proposed digital tax is not even on the table. Brussels still insists on “common ground”, but Washington has already taken a position.
What will be the outcome? Either the EU backs down or the 2nd act of the trade war begins.
Top Binance Referral Codes in 2025 – Get 20% Discount for Life
Looking to save on trading fees while using Binance in 2025? We’ve collected the most attractive and globally searched Binance referral codes, all offering 20% lifetime trading fee discounts! Whether you’re from Asia, Europe, or the Americas – there’s a code tailored for you. 🌍 Most Used Global Referral Codes These codes are easy to remember, powerful in conversion, and work for everyone: • CODE20 • BONUS2025 • CRONALDO • CHATGPT • ELONMUSK20 • ALTCOIN • SQUARE • SAYLOR • OPENAI • AAABBB • 1A2B3C 🌎 Top Country-Specific Codes Perfect if you prefer regionally familiar codes: • TURKEY20 – Trusted by Turkish traders • PAKISTAN20 – Ideal for users in South Asia • INDIA20 – Growing fast among Indian crypto investors • USA20 – Simple and effective for U.S. users • FRANCE20 – For the French community • DUBAI20 – Recognized in the Gulf region • NIGERIA – Popular in African markets • BANGLADESH20 – Used across Southeast Asia • SINGAPORE – Stable and reliable code • AZERBAIJAN – Gaining traction in the Caucasus region • BRAZIL20 – Widely used by Brazilian crypto traders • CHINA20 – Common among mainland crypto users • GERMANY20 – Trusted by EU-based users • QATAR – Recommended by Gulf-based trading communities • QATAR20 – Short and relevant for Middle Eastern markets • SPAIN – Simple code used across Spain • SPAIN20 – Regionally popular alternative • TURKIYE20 – Localized for native Turkish-speaking users 💸 Crypto-Inspired Codes If you’re into specific assets, try these: • BTC2025 • BNB2025 • USDT20 • USDC20 🚀 Referral Codes Built to Convert These bonus codes are simple, catchy, and built for volume: • REBATE20 • TRADE20 • NEW2025 • BONUS2025 • ALPHA2025 • GLOBAL20 • REFERRAL20 🛠 How to Use a Binance Referral Code? Go to the Binance Signup Page → https://www.binance.com/join?ref=CODE20 Enter your chosen referral code during registration Enjoy 20% lifetime discount on all your trading fees! Choose your favorite code and save money starting today. Got a preferred region or audience? Let us know in the comments!
Ethereum (ETH) is back in the limelight as the supply on exchange wallets hit a 10-year low. 🔹 Price: $2,657 🔹 Target zone: $2,745-2,800 🔹 RSI positive, trend strong
After BlackRock's $45 million purchase, the possibility of $3,000 for ETH has become stronger. Technical indicators are pointing upwards, but volume remains low.
If there is no ETH left on the exchange, it means someone is still collecting.
As the Bitcoin price hovers at $111,441, massive liquidation levels have become clear: 📉 $6.44B long position at $99.422 is at risk of exploding. 📈 Above $122.803, $3.33B shorts are ready to be cleared.
So the market could move hard to both extremes. Nightmare for some longs and execution for some shorts.
On the BTC side, while the rise destroys the shorts, the sub-100K fall scenario could be the grave for longs. Big players may suffer in these regions!
Binance Launchpool has announced its new project: Huma Finance (HUMA) - redefining liquidity for on-chain credit, card payments and international transactions.
🔒 Participation Period: May 23-25 📊 Total Farming Prize: 250,000,000 HUMA 🔐 Lockable Tokens: - BNB (85% stake) - USDC (10% stake) - FDUSD (5% stake)
💡 Daily distribution will be calculated hourly, rewards can be transferred to Spot account hourly. 📈 Start of trading on Binance Spot: May 26, 13:00 UTC
Trading Parity: USD1/USDT Trading Start: May 22 - 12:00 UTC Shoot Opening: May 23 - 12:00 UTC Listing Fee: 0 BNB
What is USD1? A stablecoin pegged 1:1 to USD Developed by World Liberty Financial Regulated and regulated by BitGo Trust Running on Ethereum & BNB Smart Chain
It comes with the goal of regulated infrastructure, US regulatory compliance and high liquidity. This listing is a big step towards global acceptance for USD1.
Bitcoin made history today. 📌 The $110,000 level was broken for the first time! The market entered a new parabolic phase.
Institutional demand continues unabated - especially weekly inflows into spot ETFs exceeded $600M. The macro environment is positive: Fed rate cut expectations are rising. Liquidations came into play: $480M of shorts liquidated over 110K.
Intraday high: $111,861 Next resistance targeted: $115K → $120K
This breakout is not just a price success - it is a full confirmation of investor confidence.
Bitcoin (BTC) has decisively broken through the $107,500 resistance, marking a significant bullish shift after days of tight consolidation below $106,000. This breakout signals not just a technical move, but potentially a renewed wave of institutional and retail momentum building behind the world’s largest digital asset.
Key Drivers Behind the Breakout: Macro Tailwinds: Lower-than-expected inflation data in the U.S. continues to fuel risk-on sentiment across financial markets.
Institutional Positioning: On-chain data from CryptoQuant indicates a sharp increase in whale accumulation around the $104K–$106K zone — suggesting smart money was preparing for the breakout.
ETF Volume Surge: Spot Bitcoin ETFs such as BlackRock’s IBIT saw record inflows on Monday, reinforcing bullish conviction.
What’s Next? $110,000 remains the immediate technical and psychological barrier. If breached with strong volume, BTC could enter a rapid ascent phase.
$115,000 is viewed as a momentum validation zone by technical analysts — a level that, if confirmed, may invite algorithmic trend-following strategies.
$120,000 could act as a macro bull cycle confirmation point, aligning with long-term Fibonacci projections.
“The current price structure echoes late 2020 dynamics,” says David Meyer, Senior Crypto Strategist at Blockwave Global. “The break above $107K may not be the climax, but the prelude to a sharper parabolic move.”
Has the macro bull cycle been reignited? Or is this a relief rally before correction? All eyes now turn to daily close strength and spot ETF net flows.
Unlock Your 20% LIFETIME Commission Discount with Binance Referral Code: CODE20
What is the Binance referral code for 2025? The best Binance referral code in 2025 is CODE20. It offers a 20% lifetime discount on all trading fees for new users and is globally valid. ➡️https://www.binance.com/join?ref=CODE20 Are you looking to start trading cryptocurrencies on Binance, the world’s leading crypto exchange? Use the Binance referral code CODE20 during registration to enjoy a 20% commission discount on your trading fees – FOR LIFE! This exclusive offer is perfect for both beginners and experienced traders aiming to save on every single trade. In this article, we’ll explain how to use the referral code CODE20, why Binance is the undisputed top choice for crypto trading, and how you can maximize your lifetime savings. What is the Binance Referral Code CODE20? The Binance referral code CODE20 is your key to unlocking a 20% discount on trading fees when you sign up on Binance. Unlike temporary promotions, this discount applies for the lifetime of your account — across spot, futures, and margin markets. By using this referral code, you’ll instantly reduce your trading costs and keep more of your profits. How to Use Binance Referral Code CODE20 Follow these steps to claim your 20% lifetime commission discount: Visit: https://www.binance.com/join?ref=CODE20Click on the “Register” buttonEnter CODE20 in the "Referral ID (Optional)" fieldComplete KYC verificationStart trading with the 20% lifetime discount automatically applied Pro Tip: If you use the link above, the code may already be pre-filled — but always double-check before submitting. Why Choose Binance for Crypto Trading? Binance is trusted by millions globally. Here's why: ✅ Trade over 350 cryptocurrencies✅ Lowest trading fees in the market✅ Advanced tools: spot, futures, margin, staking✅ Strong security: 2FA, cold wallets, anti-phishing✅ Active community + Binance Square for insights Real Value of the 20% Lifetime Discount with CODE20 💰 Save on every trade — from small buys to high-volume moves⏳ Forever valid — discount never expires📈 Scales with your trading volume — higher volume = more savings For example, if you trade $10,000 monthly, this 20% reduction can save you hundreds of dollars per year — money that stays in your wallet. Tips to Boost Your Binance Experience Hold BNB to get extra trading fee discountsExplore Binance Earn, staking & liquidity farmingFollow Binance Square for latest market updates Enable 2FA and withdrawal whitelist for max security Why CODE20 Is the Best Referral Code Among thousands of codes online, CODE20 is one of the very few that offers a full 20% spot fee discount for life, without expiration or limitations. It’s trusted, functional, and actively verified. Final Thoughts Whether you're just getting started with Bitcoin or trading daily, using referral code CODE20 ensures you start with a smart financial edge. 👉 Register now with Binance using this link: https://www.binance.com/join?ref=CODE20 ...and enjoy your 20% lifetime fee discount from day one.
🔹 BTC Long (40x Cross) Entry Price: $105,033.4 Position Value: $825,481,019.95 Instant Profit: 9,973,659.37$ Funding Loss: -1,242,916.76$
🔹 kPEPE Long (10x) Position: 29.4M$ Profit: 10.8M$ Funding: -1M$
📆 Total PnL in the Last 30 Days: +56.7M$ 24-Hour PnL: +3.6M$
Opening positions on this scale shows not only capital strength but also risk management skills. Whale trader's bullish expectation on BTC is very clear.
A high-leverage trader just opened a massive $310M long position on BTC using 40x cross margin — and the market is watching closely. Here's the full breakdown:
BTC Long Position • Size: $310,136,017 • Entry: $103,302.2 • Current Price: $104,970.5 • Unrealized PnL: +$4.92M • Funding Paid: –$1.16M
At the same time, a second high-conviction long exists on kPEPE, with a $26M position at 10x leverage, sitting $10.85M in profit.
📌 Combined, these positions reflect over $330M in leveraged exposure, with significant short-term conviction across both large-cap and memecoin assets.
Funding costs are not small: over $2.24M has been spent on keeping these positions open — showing this trader is playing for size, not just a scalp.
Attention Binance Wallet users! The Merlin (MERL) Trading Contest has officially started! Start trading now to get your share of the MERL token prize pool worth a total of $1 Million.
How to Participate Promotion Period: May 20, 2025 (12:00 AM PT) - June 3, 2025 (12:00 PM PT) Only MERL purchases made through Binance Wallet (Keyless) or Binance Alpha are eligible. The top 10,000 users with the most MERL purchases will share the reward equally (approximately 984 MERL each!). Remember: Only MERL purchase volume counts, not sales. Update your Binance App and make sure your Binance Wallet (Keyless) is active. Details and full terms in the Binance announcement!
Don't miss this great opportunity, start trading MERL now! https://www.binance.com/en/support/announcement/detail/4ec5501dc3394d039e108def698d5f9e?utm_source=AnnouncementTG&utm_medium=GlobalCommunity&utm_campaign=AnnouncementBot?ref=H8AFZ674
The U.S. Senate has officially advanced the GENIUS Act, which may become the first federal regulatory framework for stablecoins.
What does it include? 🔹 100% reserve backing requirement 🔹 Monthly reserve disclosures 🔹 Annual audits 🔹 Bankruptcy protections for stablecoin holders 🔹 Restrictions on Big Tech (Meta, Google) from issuing stablecoins
This move aims to provide stability to the crypto-finance bridge — but it also raises questions about innovation limits and government reach.
The political tension is real: Trump’s ties to “USD1” and memecoin projects are now part of the debate. Will regulation boost trust — or tighten control?