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Professor Of Information - BTC_CRYPTO
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ETH
has started to outperform #
BTC
in terms of returns, which means we have moved into the second phase of the altcoin season.
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High-leverage trader James Wynn opens 25x long on ETH, 10x on PEPE James Wynn, a crypto trader known for his high-leverage crypto bets, has initiated two major leveraged positions, including a 25x long on Ether (ETH, $3,743) and a 10x long on PEPE (PEPE, $0.00001404). According to onchain data, Wynn’s Ether position amounts to 3,269 ETH, valued at approximately $12.12 million, with an entry price of $3,726.28. His kPEPE (the name for the $PEPE-USD futures contract on Hyperliquid) long spans a staggering 812.16 million tokens, worth roughly $11.28 million at an average entry of $0.01358. At the time of writing, Wynn is sitting on a $251,617 unrealized profit from his PEPE position, while his ETH bet is currently down over $62,700. The ETH trade faces liquidation at $3,492.8, while the PEPE position’s liquidation level sits at $0.012998. Wynn entered the positions after depositing 536,573 USDC into Hyperliquid, a decentralized perpetuals exchange.
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MEI Pharma Adds Litecoin to Its Treasury Reserve Litecoin made headlines this week after MEI Pharma, a publicly listed pharmaceutical firm, announced the creation of a $100 million LTC treasury. The move was announced on July 18 and received support from Titan Partners Group and the crypto investment firm GSR. According to the announcement, the Treasury Reserve had already received over $100 million in commitments. The Litecoin Foundation, a nonprofit organization that supports the growth and adoption of LTC, has also joined the initiative as an investor. This marked the first time Litecoin had been used in a corporate treasury of this scale. In comparison, other top altcoins, such as Ethereum and XRP, are integrated into various corporate treasuries. The company stated that the decision aligns with the broader strategy of increasing the role of cryptocurrency in institutional finance.
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Arbitrum Hits $0.4778 and Targets $0.5479 as Channel Top Nears Arbitrum moved above $0.45 and now targets $0.5479 as price approaches the upper trendline zone. Fibonacci levels show $0.5479 and $0.6645 as the next key zones if $ARB breaks the current setup. The move from $0.30 to $0.48 has created higher lows which show strong pressure building to the upside. Arbitrum ($ARB) is trading at $0.4778 after a +6.25% rise, climbing toward the upper boundary of its descending price channel. Shared on July 19, 2025, by analyst @ali_charts, the technical setup shows $ARB steadily tracking through layered Fibonacci zones. The asset recently broke above $0.45 and is now targeting higher channel resistance above $0.56.
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The Coinbase Hacker Amasses Ethereum with Bold Moves In July, a hacker responsible for one of the largest data breaches in Coinbase‘s history purchased Ethereum (ETH) for the second time, causing over $300 million in damages. The blockchain analytics platform Lookonchain reported that the wallet labeled as the Coinbase hacker acquired 649.62 ETH for $2.31 million within just 12 hours at an average price of $3,561 per ETH. Earlier that month, the same wallet had bought 4,863 ETH for $12.55 million at an average price of $2,581 each. Following a sale of 26,762 ETH in May for $69.25 million, the hacker began accumulating Ethereum aggressively amid the rising prices.
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XRP Ledger activity and XRP price see sharp rise. XRP nears 2018 all-time high at $3.54. Institutional flows boost XRP Ledger’s market influence. XRP Ledger experiences a significant surge in activity as its price approaches 2018 highs with heightened shifts in institutional adoption in the financial market. Ripple's XRPL is gaining momentum as it approaches 2018 price highs, suggesting rising investor confidence. The market is reacting to renewed institutional interest, which could reshape global financial transactions. Ripple Labs, with leader Brad Garlinghouse and CTO David Schwartz, directs the XRP Ledger revival strategy. Increased settlement activity and reduced reliance on traditional systems echo Ripple's future vision. Major whales moved over 20.5 million XRP to Coinbase, highlighting substantial shifts.
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