updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131On Oct. 15, blockchain trackers detected a $129 million transfer from a wallet cluster tied to the “Hyperunit” trading entity into Binance.
The entity, which manages over $10 billion in crypto assets, gained attention after successfully shorting Bitcoin
BTC
$111 043
24h volatility:
1.8%
Market cap:
$2.22 T
Vol. 24h:
$70.64 B
during Trump’s tariff announcement on Oct. 10, a move that coincided with over $19 billion crypto futures contracts liquidated, shaving off 9% from the aggregate sector market cap.
JUST IN: Bitcoin whale sends $129M to Binance
Same whale that shorted Trump’s tariff announcement is moving funds to Binance for what could be another big trade
pic.twitter.com/HgzSvLnQ9r
— Bitcoin Archive (@BTC_Archive) October 15, 2025
Citing Arkham Intelligence data, news aggregator BTC_Archive speculated the whale’s latest transfer could be linked to another big trade ahead, potentially linked to key upcoming macro events including the next US Fed rate cut decision slated for Oct. 29 and the ongoing US Government Shutdown.
Bitcoin price was changing hands near $111,400 at press time, having traded within the 2% narrow range between $110,235 to $113,622.38 intraday.
Bitcoin currently trades at $111,169, down 1.62% on the day. With risk sentiment improving after global markets priced in a delay in further US tariffs, Bitcoin’s performance has lagged behind the S&P 500 for three consecutive sessions.
The predictive accuracy of the Hyperunit wallet’s recent bet on Trump’s tariff announcement could see BTC speculative market participants cut down leverage exposure, anticipating cautious sentiment for the coming trading sessions.
X user StockStormX noted that the Hyperunit whale may be preparing for a macro-related move to capitalize on Bitcoin’s recent divergence from the US equities markets.
Smart money moving to exchanges usually means action coming soon. If they nailed the tariff short they’re probably setting up another macro play. $BTC correlation with equities been breaking down lately so could see some divergence
— StockStorm (@StockStormX) October 15, 2025
Validating this stance, Coinglass’ derivatives data shows Bitcoin futures volume dropped 32.77% in the last 24 hours to $96.56 billion, while BTC Open interest declined 2.32% to $72.62 billion. Long to Short ratio also tilted bearish to 0.99, confirming rapid deleveraging in the aftermath of the Hyperunit whale’s latest transaction on Oct. 15.
Bitcoin Derivatives Market Data | Source: Coinglass, Oct. 15, 2025
As large investors reposition across major exchanges, retail traders are turning attention toward new projects like Best Wallet (BEST).
Offering multi-chain support, smart vaults, and institutional-grade multi-sig security, Best Wallet is poised to gain more market share within the $26 billion custodial wallet market.
Best Wallet Presale
The Best Wallet presale has now surpassed $16.5 million, with tokens trading at $0.026. Investors can still join the presale through the official Best Wallet website to access exclusive early-entrant rewards.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
Ethereum (ETH) is once again at the center of investor attention, pulling in a staggering $1.59 billion in inflows over the past week.
This marks the second-largest weekly inflow in Ethereum’s history, amid growing optimism that U.S. regulators will soon approve a spot Ethereum ETF. Overall, digital asset investment products attracted $1.9 billion, marking 15 consecutive weeks of positive flows.
This surge in capital has pushed Ethereum’s price up 62% this month to $3,900, positioning it just below the critical $4,000 breakout level.
Ethereum price trends to the upside on the daily chart, following a multi month downtrend. Source: ETHUSD on Tradingview
Meanwhile, Bitcoin ETPs faced $175 million in outflows, signaling a capital rotation from BTC to ETH and other altcoins. Analysts point to the passage of the Genius and Clarity Acts in the U.S. as key drivers of this trend, enhancing regulatory clarity for altcoin investment vehicles.
Institutional investors are doubling down. BlackRock’s iShares Ethereum ETF (ETHA) surged past $10 billion in AUM, becoming the third-fastest-growing ETF globally, while the firm raised its ETH holdings to $10.47 billion, with 100% of its crypto exposure now allocated to Ethereum.
Simultaneously, Nasdaq-listed SharpLink Gaming purchased 77,210 ETH worth approximately $295 million, raising its total ETH treasury to over 438,000 ETH. This single purchase surpassed the network’s entire 30-day ETH issuance, underscoring the aggressive accumulation trend among institutions.
Ethereum’s rally is further supported by bullish technical signals. A “golden cross” pattern emerged, and the MACD shows strong upward momentum, despite an overbought RSI reading of 82.07, a level often associated with potential price pullbacks.
Solana and XRP also saw inflows of $311 million and $189 million, respectively, while Litecoin and Bitcoin Cash experienced minor outflows. Meanwhile, Ethereum’s on-chain activity surged 288%, reinforcing confidence in the network’s role as the leading smart contract and DeFi platform.
As regulatory momentum builds and ETF approval appears within reach, Ethereum’s dominance in institutional portfolios signals a pivotal moment for altcoin adoption—though short-term volatility remains a factor to watch.
Cover image from ChatGPT, ETHUSD chart from Tradingview
Cardano was one of the most hyped Layer 1 chains in 2021 and was expected to become home to some of the topmost DeFi Dapps, but the events that unfolded soon after its launch failed to place Cardano in the same league as Ethereum and Binance Smart Chain. So then, how come Charles Hoskinson believes that Cardano’s TVL is over $19 billion? Let’s explore.
The founder of Cardano and co-founder of Ethereum, Charles Hoskinson’s opinions and comments hold a lot of weight in the crypto industry. As such, in one of his tweets yesterday, Hoskinson stated,
“Fun Fact, if you counted the staked Ada, cardano’s TVL would be over 19 billion dollars. Why don’t we count it? Because you don’t need to lock your Ada to stake it. (sic)”
His claim is factually correct since 24.6 billion ADA, which makes up 72% of ADA’s supply, is staked.
And while fair, his comment came at a time when Cardano’s stablecoin Djed’s public testnet went live. Djed being a decentralized, algorithmically backed stablecoin, falls in the same league as TerraUSD (UST) and DAI.
The way Djed would work is that it will maintain stability through a combination of collateral and a reserve token.
Cardano’s top DeFi protocols, SundaeSwap, Minswap, and WingRiders, are also beginning to test the stablecoin through test pools on their platforms to see its possible real-world applications.
Now the reason this is a big deal is that Djed is critical in reigniting the hype that investors in the crypto space had for Cardano’s smart contracts.
The anticipation for the launch of smart contracts in August 2021 pushed Cardano’s native coin ADA’s value to $2.96, making it the third biggest cryptocurrency in the world.
Cardano investors achieved their highest point in the same duration as network-wide supply observed the most ADA in profit.
Consequently, August became the last time ADA holders were most profitable as less than 0.8% of investors were in loss.
As a result, Cardano only has $200 million locked in total value, but it does have support from the industry, which believes that the chain has the prospect of becoming a much larger DeFi blockchain.
The evidence of the same is the ‘Wave ADA Yield Fund‘ launched by Wave Financial LLC. This fund has been designed to provide liquidity for new DeFi protocols launched in the Cardano ecosystem. The same Wave has committed an initial sum of $100 Million to support and expand Cardano’s DeFi space.
In conclusion, while at the moment, Cardano may not seem like a lucrative DeFi blockchain, the ongoing developments and aforementioned support might give it the advantage needed to become a major player in the crypto space.
Despite great results in Q2, Coinbase stock plunged yesterday. It closed at $269.67, or 3.85% down, with a $58.98 billion market cap. After hours, its price slightly rebounded to $271.88.
On August 10, Coinbase Inc (NASDAQ: COIN) reported its Q2 2021 results, showing quite strong performance. The company has beaten analysts’ expectations, surpassing all their estimates. According to its second-ever earnings report as a public company, Coinbase has reached $1.9 billion in transaction revenue in the period considered. Meanwhile, FactSet analysts’ forecast was only $1.57 billion.
Despite great results in Q2, Coinbase stock plunged yesterday. It closed at $269.67, or 3.85% down, with a $58.98 billion market cap. After hours, its price slightly rebounded to $271.88.
Apart from topping $1.9 billion in revenue in the second quarter of 2021, Coinbase also surprised analysts with significant growth in the number of users. In particular, the exchange has grown to 8.8 million monthly transacting users (MTUs), which is 44% up from the previous quarter, as well as 68 million total users. Notably, the estimates were 6.7 million monthly users and 62.8 million total users.
By now, Coinbase has expanded to over 160,000 ecosystem partnerships as well as 9,000 institutions that broaden their activities in the crypto economy with the help of Coinbase.
As far as the revenue is considered, Coinbase has generated $2.0 billion in net revenue, including $1.9 billion in transaction revenue and over $100 million in subscription and services revenue. Net income totaled $1.6 billion, adjusted EBITDA made up $1.12 billion. The latter is slightly down from last quarter’s $1.15 billion.
In terms of trading volume, Coinbase reported $462 billion in Q2, a 38% increase of 38% from Q1. Total retail trading volume was 21% up, at $145 billion, and comprised 31% of the total trading volume. Further, institutional trading volume totaled $317 billion and accounted for 69% of the total trading volume. According to Coinbase, the increase in the number of institutional users on the Coinbase platform was along with higher capital allocations into crypto.
Expenses of Coinbase in the second quarter totaled $1.4 billion. $335 million of it went for transaction expenses, $292 million went in technology and development expenses, and $248 million was spent for general and administrative expenses.
The company did not provide formal guidance for the upcoming quarter. However, it said that retail MTUs and total Trading Volume would be lower in comparison to Q2. For the full 2021 year, Coinbase is expecting further institutional onboarding, increased capital allocations to crypto, and increased trading volumes from existing clients.
Further, the exchange anticipates the annual average net transaction revenue per user to exceed a historical range of $34-$45 per month.
As for the expense, Coinbase has no updates. But looking to full-year 2021, it expects that its technology and development expenses and its general and administrative expenses will be between $1.3 billion to $1.6 billion, excluding stock-based compensation.
Daria is an economic student interested in the development of modern technologies. She is eager to know as much as possible about cryptos as she believes they can change our view on finance and the world in general.
