Ether Rips 8% Higher, Torching $255M in Short Bets
Ethereum jumped as much as 8.3% in its biggest move in three weeks, wiping out over $255 million in short positions in a single day.
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XRP Traders Can Now Go Long or Short With Leverage on Ondo Perps
Ondo's perpetuals platform has officially listed XRP, letting traders open leveraged long or short positions on Ripple's token.
This Whale Is Shorting $783M on Hyperliquid — and Still Buying ETH
Trading firm Abraxas Capital added another $32M in spot ETH even while running a massive short position on Hyperliquid, a hedge that shows just how big whale trading has gotten.
Altcoin Futures Just Overtook Bitcoin in Open Interest
For the first time since December 2024, total open interest in altcoin perpetual futures has pulled ahead of Bitcoin's, signaling a shift in where traders are placing their bets.
Kalshi Wants to Bring Perpetual Futures to the Stock Market
Kalshi just filed with the CFTC to launch perpetual futures tied to stocks, borrowing an idea straight from crypto trading.