As $213M Disappears Amid Crypto Turmoil, a Single Trader Scores $17M Profit
- Crypto markets faced $213M liquidations from short positions amid Trump's 100% China tariff-driven sell-off, while trader "0xc2a" secured $17M profits via Bitcoin/Ethereum longs. - Mutuum Finance (MUTM) launched a hybrid DeFi lending protocol, raising $17.8M and attracting 17,400 investors through automated P2C and customizable P2P models. - Stablecoin settlement volumes surged 70% to $10B in August 2025, driven by B2B transactions now accounting for two-thirds of corporate usage. - Crypto M&A hit $10B i
This week, the cryptocurrency market experienced significant turbulence, with $213 million in liquidations occurring across various platforms within just four hours—most of which stemmed from short trades, as detailed in a
Stablecoins are also gaining momentum, with transaction volumes hitting $10 billion in August 2025—a 70% increase since February, based on data from
The growing institutional presence in the sector is further highlighted by a record $10 billion in crypto mergers and acquisitions (M&A) during Q3 2025, according to
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: S&P's B- Highlights Risk of Bitcoin-Dollar Value Discrepancy
- S&P Global Ratings assigned a B- rating to Strategy Inc., citing Bitcoin reliance and business risks. - The company holds 640,808 Bitcoin (~$73B) via equity/debt, with $5B in convertible bonds maturing by 2028. - Currency mismatch risks arise from dollar obligations vs. Bitcoin assets, compounded by negative cash flow. - A stable outlook assumes prudent debt management, but downgrades could follow Bitcoin price drops or liquidity strains.

Waymo’s co-CEO discusses the difficulties of expanding robotaxi services while ensuring safety

Roelof Botha explains why Sequoia supports Shaun Maguire after COO quit