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Bitcoin’s estimated leverage ratio (ELR) has dropped from its late July and early August highs, reducing the likelihood of sharp market corrections and helping to sustain price stability at elevated levels.
Share link:In this post: CoreWeave director Jack Cogen offloaded stock worth nearly $300 million as other investors offloaded up to $1 billion, according to regulatory filings The firm’s stocks have dropped by over 35% following weaker-than-expected Q2 earnings and soaring costs. Its shares had swung from a $40 IPO price in March to a $183 peak in June before retreating to around $100.
Analysts say the scale and timing of these acquisitions highlight disciplined accumulation, strengthening Ethereum’s role as a leading macro asset.
Prediction markets place the odds of US approval of a Dogecoin ETF at about 75%, due to the crypto-friendly Donald Trump administration.
- 10:46BlackRock deposits 1,021 BTC and 25,707 ETH into exchange PrimeAccording to ChainCatcher, monitored by Lookonchain, BlackRock has just deposited 1,021 bitcoin (approximately $118 million) and 25,707 ethereum (approximately $107 million) to an exchange.
- 10:17The 100% win-rate counterparty funding fees have earned over $8.35 million, possibly belonging to a hedging address.According to Jinse Finance, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that the 100% win-rate counterparty address has increased its BTC short position to 1,209.36 BTC (approximately $139 million). Meanwhile, 10 minutes ago, a limit sell order for 22.05 BTC was placed in the $115,331 - $115,570 range. The take-profit point is set at $97,332 - $98,932. This address has held its position for several months and has already earned over $8.35 million in funding fees, suggesting it may be for hedging purposes.
- 10:16Robinhood to Launch Futures Trading Service for UK CustomersJinse Finance reported, citing FinanceFeeds, that Robinhood has announced the launch of futures trading services for UK customers, allowing users to trade index, energy, metal, and forex futures directly through its app and desktop platform, Robinhood Legend. The service will offer access to over 40 CME Group futures products, with contract fees as low as $0.75 and free real-time market data. This move aims to break the tradition of futures trading being limited to institutional investors, providing retail traders with more convenient and low-cost access to the futures market. Jordan Sinclair, President of Robinhood UK, stated: "In the UK, futures trading has traditionally been seen as the exclusive domain of institutional investors. Today, we are beginning to change that."