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24-Hour Highlights in the Crypto World! Catch Up on Overnight Market Moves in 1 Minute

1. Whale #JamesWynn is now up $400K on his Bitcoin long position, which once faced over $1.35M in unrealized losses. His current long position is worth ~$100M, opened at $105,890.3 with a liquidation price of $103,620. Many suspect this is a marketing stunt by #Hyperliquid.

2. A whale bought over 110K HYPE at an average of $36 while simultaneously opening a 4x long position on #HYPE.

3. Tether’s Bitcoin reserve address moved out 14K #BTC, worth $1.48B.

4. #Strategy plans to issue 2.5M STRD shares to increase its BTC holdings. Bloomberg reports that Strategy copycats are underperforming as speculative hype fades.

5. Public companies (excluding miners) collectively hold 636,960 BTC, valued at ~$66.35B, accounting for 3.2% of Bitcoin’s circulating market cap.

6. Circle aims to expand its IPO size, now targeting a $7.2B valuation.

7. SharpLink Gaming closed a $425M private funding round led by Consensys, with proceeds to be used for purchasing #ETH as its primary treasury reserve asset. An Ethereum co-founder cited Michael Saylor as inspiration.

8. #WLFI partnered with BNB Chain, PancakeSwap, and #B to launch the #USD1 adoption and liquidity campaign.

9. #Pendle surpassed $50B in cumulative trading volume, with TVL hitting $4.43B.

10. The #Ethereum Foundation restructured its R&D team, cutting jobs to focus on base-layer scaling and user experience.

11. #SOPH surged 30% in a day, topping Binance’s gainers list.