Arthur Hayes sold altcoins (ETH, ENA, and PEPE) totaling $13 | TopCryptoNews on Binance Square

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Arthur Hayes sold altcoins (ETH, ENA, and PEPE) totaling $13 million 😇
On July 22, Arthur Hayes promised BTC at $250k and ETH at $10k by the end of the year 🫡

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ETH

3,421.99

-2.29%

ENA

0.5286

-9.08%

PEPE

0.00001025

-2.38%

830

0

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🤝 Shiba Inu Open Interest Collapses, 14.03 Trillion $SHIB in Spotlight Shiba Inu (SHIB) has seen a decline in open interest in the last 24 hours with about 0.25% slump in the red zone. Amid this, a massive 14.03 trillion SHIB have been committed by investors on the futures market of the meme coin. 🔸 Whale activity sparks concerns of potential sell-off This volume is worth about $181.63 million at current market value. Notably, SHIB’s open interest refers to all the outstanding contracts for Shiba Inu that have not been settled. The figure indicates that despite market volatility, the market remains active as participants bet on future outcomes. Any price shift at this time could impact the 14.03 trillion SHIB. As of this writing, Shiba Inu was changing hands at $0.00001210, representing a 1% decline in the last 24 hours. The meme coin was trading at a peak of $0.00001241 in earlier trading sessions before its recent drop. Meanwhile, trading volume has also declined by 9.89% to $241.57 million within the same time frame. The pullback in trading volume might be a result of whale activity in the ecosystem. Market whales have deposited 84.9 trillion SHIB on exchanges, suggesting massive selling ahead. Additionally, broader market sentiments have also impacted SHIB, resulting in a rejection at $0.000013. This is despite the increased burn activity meant to stabilize the price in the ecosystem. 🔸 Will August defy expectations for #SHIB ? However, the 14.03 trillion in the spotlight suggests that traders are optimistic that the meme coin would not wipe out all gains achieved in the last 30 days. This is bold optimism, going by historical data. August has always been an odd month for the dog-themed meme coin. Shiba Inu has never attained a massive price breakout in the month, and entering it on a weak footing does not help. Additionally, SHIB has no catalyst to trigger a rally at the moment. How Shiba Inu performs will be of interest to market participants moving forward. #Shibainu

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🤔 Will the Fed cut rates in September? According to Kalshi data, the probability of a Fed rate cut in September has increased. The main reason is the fresh US macroeconomic data.

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🔳 Where to pick up Solana? The market has finally decided to go for a correction after a prolonged consolidation, and Solana is no exception. 📉 According to classic technical analysis, it is logical to expect a price around $160, where you can either average your position or look for longs. If it goes lower, testing the level at $136 will be the next support zone for a reversal. #SOL #Solana

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🐸 Over $1 Million Lost in $PEPE Liquidations: Is More Downside Ahead? Pepe (PEPE), the popular memecoin, finds itself under mounting pressure as technical indicators and on-chain data suggest further downside. With a steep drop in price over the past week and cascading liquidations triggered across major wallets, PEPE is nearing a critical inflection point. The broader market sentiment has turned bearish, and unless bulls step in decisively, the token could face deeper losses. A series of failed support retests and increasing sell volume have put #PEPE in a vulnerable position, and many eyes are now on its next move. 🔸 Liquidation Cascade Adds Fuel to the Fire According to Lookonchain, James Wynn’s PEPE long position in a separate wallet suffered a severe liquidation event. The total losses from this position exceeded $1 million, leaving only $14,850 in the account. This loss adds to the growing wave of forced sell-offs in PEPE-linked wallets as price support continues to erode. Wynn’s liquidation highlights how vulnerable leveraged positions have become amid growing market volatility. Besides the losses, this liquidation spree is also impacting trader confidence. With each major account falling under margin pressure, the probability of more downside increases. These liquidations create a snowball effect, amplifying selling pressure across exchanges. 💬 James Wynn's PEPE long position in another wallet also got hit with a cascade of liquidations, with total losses exceeding $1M, and only $14,850 left in the account — Lookonchain 🔸 Technical Signals Turn Cautious Ali Martinez, a crypto analyst, emphasized that PEPE must reclaim the $0.0000118 level to avoid a confirmed bearish breakdown. As of press time, the price is trading at $0.00001041, down over 10% in the past 24 hours. If bulls fail to regain control above $0.0000118, downside targets could extend toward $0.00001080 and even $0.00000970. Significantly, the chart shows a consistent pattern of lower highs and lower lows since PEPE peaked near $0.00001450.

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💥 $INJ price targets $12.20 support in bullish setup before a potential 100% breakout rally Injective (INJ) price recently attempted a breakout from an ascending triangle pattern, briefly spiking to $16.35 on July 28 before losing momentum and pulling back approximately 20% to $12.80, slipping below the 20-day EMA. This decline came despite several bullish fundamental developments, including the successful internal deployment of Injective’s EVM testnet, tokenizing of SharpLink Gaming’s $1 billion Ethereum (ETH) treasury, and a recent CBOE filing to list a staked Injective ETF from Canary Capital. 💬 The CBOE has filed to list the Canary $INJ Staked ETF in the U.S.The @CBOE is the largest options exchange in the United States of America.Injective's institutional adoption is accelerating like never before — Injective 🥷 (@injective) July 29, 2025 🔸 Injective price prediction INJ price action now appears to be heading toward the $12.10–$12.20 zone — a key resistance-turned-support level on the 4-hour chart that also aligns with the 50-day SMA on the daily timeframe. If selling pressure persists, INJ price could slide further to retest the ascending triangle’s lower trendline, with potential support around $11.20. A decisive bounce from either the $12.10–$12.20 zone or the ascending triangle’s lower boundary near $11.20 would keep the bullish structure intact and potentially set the stage for another breakout attempt. If INJ price reclaims the 20-day EMA and manages to close above the $15.50–$16.00 horizontal resistance zone with strong volume, it could trigger a measured move toward the $25 level — the estimated target based on the height of the triangle. However, a breakdown below $11.20 would invalidate the bullish setup and expose INJ price to deeper downside risk, possibly toward the $10 psychological level. #INJ #Injective

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