Criminals Posing As IT Support Staff Steal Thousands of Dollars From Elderly Rhode Island Woman: Report
Tech scammers have taken their schemes to a new level by arriving in person at an elderly victim’s residence after remotely accessing her computer and siphoning off thousands of dollars.
The victim resides in North Kingstown, Rhode Island, reports WPRI.
Tech scammers have taken their schemes to a new level by arriving in person at an elderly victim’s residence after remotely accessing her computer and siphoning off thousands of dollars.
The victim resides in North Kingstown, Rhode Island, reports WPRI.
📉 Night of Dump and New Highs – Morning Breakdown
Bitcoin dumped and then hit new highs – you know the drill. The tea is spilled, the sugar is gone, and the retail bagholders are left wondering what hit 'em. Same old story, different day.
@hivenetwork
Bitcoin dumped and then hit new highs – you know the drill. The tea is spilled, the sugar is gone, and the retail bagholders are left wondering what hit 'em. Same old story, different day.
@hivenetwork
🤑 Free ECX for your BTC stash: a three-stage hard fork (but don't get too excited, you degenerate) 🤑
Every single BTC holder gets 1 ECX per BTC at snapshot time. Sounds like free money, right? But here's the kicker: they cut out the Satoshi-era wallets (about 1.1M BTC) from the airdrop. This fork is being pushed by Paul Sztorc (aka Truthcoin) — the same guy who's been shilling Drivechains for ages but couldn't convince the Bitcoin community. So now he's forcing it through a fork. Classic.
▪️ Snapshot for the alpha phase at block 963648 (mid-August) — they'll drop test pECX tokens that'll be burned after beta.
▪️ Real ECX only comes after the beta on September 20 (block 967680) and the final mainnet on October 31 (block 973728).
▪️ The fork doesn't touch your BTC — it just copies your balance onto a new chain. Your Bitcoin stays safe, and you get a free bonus asset. No risk, but don't get too comfy.
▪️ They cut out ~1.1M BTC from the airdrop — those are the early wallets, probably Satoshi and his gang. No ECX for them. Guess they don't need more freebies.
▪️ Mining is SHA-256d, same as Bitcoin, but difficulty starts super low — first blocks will be mined fast and cheap. So expect some early miners to scoop up easy coins.
▪️ Right after mainnet, they'll launch 7 sidechains: Thunder (fast payments), Zside (privacy), Truthcoin (betting), and others. A whole ecosystem of promises.
📊 Airdrop ratio:
📊 Excluded wallets:
📊 Key dates:
🔮Sztorc finally got his way — not through a soft fork like a gentleman, but a hard fork like a bull in a china shop.
@hivenetwork
Every single BTC holder gets 1 ECX per BTC at snapshot time. Sounds like free money, right? But here's the kicker: they cut out the Satoshi-era wallets (about 1.1M BTC) from the airdrop. This fork is being pushed by Paul Sztorc (aka Truthcoin) — the same guy who's been shilling Drivechains for ages but couldn't convince the Bitcoin community. So now he's forcing it through a fork. Classic.
▪️ Snapshot for the alpha phase at block 963648 (mid-August) — they'll drop test pECX tokens that'll be burned after beta.
▪️ Real ECX only comes after the beta on September 20 (block 967680) and the final mainnet on October 31 (block 973728).
▪️ The fork doesn't touch your BTC — it just copies your balance onto a new chain. Your Bitcoin stays safe, and you get a free bonus asset. No risk, but don't get too comfy.
▪️ They cut out ~1.1M BTC from the airdrop — those are the early wallets, probably Satoshi and his gang. No ECX for them. Guess they don't need more freebies.
▪️ Mining is SHA-256d, same as Bitcoin, but difficulty starts super low — first blocks will be mined fast and cheap. So expect some early miners to scoop up easy coins.
▪️ Right after mainnet, they'll launch 7 sidechains: Thunder (fast payments), Zside (privacy), Truthcoin (betting), and others. A whole ecosystem of promises.
📊 Airdrop ratio:
1:1 ECX/BTC📊 Excluded wallets:
~1.1M BTC (Satoshi-era addresses)📊 Key dates:
Alpha ~Aug, Beta Sep 20, Mainnet Oct 31For BTC holders, this is free cheese with minimal risk — you lose nothing, you get a token. But don't kid yourself: ECX is a competing chain that could siphon off hype and liquidity. If it pumps, you sell ECX for BTC and take profit. If it dumps, you forget it ever existed. The catch? Make sure your BTC is in your own wallet at snapshot time, not on an exchange — otherwise you'll miss the drop. Exchanges might not support it, so DYOR.
🔮
@hivenetwork
🐋 Abraxas drops $783M short bomb on Hyperliquid, hedges with $173M ETH
London whale Abraxas Capital just parked $783 million in shorts on Hyperliquid — the biggest short book in DeFi history. But don't get it twisted: they're not just betting against the market. They pulled $173M in ETH off Binance as a hedge, turning this into a funding rate harvest, not a directional bet.
▪️ $783M shorts across ETH ($193.9M), BTC ($175.4M), HYPE ($141.6M), SOL ($65.8M) on Hyperliquid — two wallets doing the heavy lifting.
▪️ Withdrew $173M ETH from Binance over 4 days — spot cushion against the short perp exposure, making the book nearly market-neutral.
▪️ The play: collect funding payments from longs while staying hedged. Abraxas has already banked $300M+ in realized profits from this arbitrage game.
▪️ Currently sitting on $80.8M unrealized loss. That's the cost of doing business — they're printing funding, not direction.
▪️ Added $19.5M in gross shorts in a 2-hour window recently. Short book has ranged $500M-$900M since mid-2025; now at $598M.
▪️ HYPE short ($141.6M) is paired with spot HYPE buys — same neutral harvest, different token.
📊 Short position:
📊 ETH withdrawn:
📊 Unrealized loss:
📊 Realized profit:
🔮Abraxas isn't predicting a crash — they're selling you insurance and cashing the premium. The real trade is the funding rate, not the direction.
@hivenetwork
London whale Abraxas Capital just parked $783 million in shorts on Hyperliquid — the biggest short book in DeFi history. But don't get it twisted: they're not just betting against the market. They pulled $173M in ETH off Binance as a hedge, turning this into a funding rate harvest, not a directional bet.
▪️ $783M shorts across ETH ($193.9M), BTC ($175.4M), HYPE ($141.6M), SOL ($65.8M) on Hyperliquid — two wallets doing the heavy lifting.
▪️ Withdrew $173M ETH from Binance over 4 days — spot cushion against the short perp exposure, making the book nearly market-neutral.
▪️ The play: collect funding payments from longs while staying hedged. Abraxas has already banked $300M+ in realized profits from this arbitrage game.
▪️ Currently sitting on $80.8M unrealized loss. That's the cost of doing business — they're printing funding, not direction.
▪️ Added $19.5M in gross shorts in a 2-hour window recently. Short book has ranged $500M-$900M since mid-2025; now at $598M.
▪️ HYPE short ($141.6M) is paired with spot HYPE buys — same neutral harvest, different token.
📊 Short position:
$783M📊 ETH withdrawn:
$173M📊 Unrealized loss:
$80.8M📊 Realized profit:
$300M+If you're long ETH, BTC, HYPE, or SOL on Hyperliquid, you're paying Abraxas funding fees. This whale isn't betting on a crash — they're collecting the premium from leveraged longs. The short book will shrink or grow based on funding rate conditions, not price direction. Watch for position changes; they've cut before, from $760M to $270M.
🔮
@hivenetwork
💸 $250M in long leverage wiped out as Bitcoin dips to $76k
Bitcoin's weekend dip just liquidated $250 million in leveraged long positions over 24 hours — $101M of that in just four hours as BTC slid from near $80,000 to $76,088. The leveraged crowd got rekt while open interest shrunk and funding rates went flat. Classic weekend trap for the hopium crowd.
▪️ BTC dropped 1.8% in 24h, from $80k to $76,088 — but leveraged longs got hit way harder than the move suggests.
▪️ $101M liquidated in four hours alone, 86% of all liquidations that window — longs were the prey.
▪️ Open interest dropped 2.65% to $54.54B — leverage is fleeing, not reloading.
▪️ Funding rates near 0.01% — no premium for longs, meaning no one was desperate to go long.
▪️ Binance handled $65M in liquidations; the largest single hit was an $11.72M ETHUSDT long.
▪️ Long-short ratio at 0.9238 — more traders betting against the pump than riding it.
📊 Long liquidations 24h:
📊 Total liquidations 24h:
📊 BTC bottom:
📊 OI drop:
🔮Weekend flush clears the weak hands — but Monday's ETF flows will tell if this was a dip to buy or a bounce to sell.
@hivenetwork
Bitcoin's weekend dip just liquidated $250 million in leveraged long positions over 24 hours — $101M of that in just four hours as BTC slid from near $80,000 to $76,088. The leveraged crowd got rekt while open interest shrunk and funding rates went flat. Classic weekend trap for the hopium crowd.
▪️ BTC dropped 1.8% in 24h, from $80k to $76,088 — but leveraged longs got hit way harder than the move suggests.
▪️ $101M liquidated in four hours alone, 86% of all liquidations that window — longs were the prey.
▪️ Open interest dropped 2.65% to $54.54B — leverage is fleeing, not reloading.
▪️ Funding rates near 0.01% — no premium for longs, meaning no one was desperate to go long.
▪️ Binance handled $65M in liquidations; the largest single hit was an $11.72M ETHUSDT long.
▪️ Long-short ratio at 0.9238 — more traders betting against the pump than riding it.
📊 Long liquidations 24h:
$250.57M📊 Total liquidations 24h:
$339.73M📊 BTC bottom:
$76,088📊 OI drop:
-2.65%This flush is a classic weekend trap — no spot support, thin order books, and a market that was too long. The funding rate was already near zero, meaning the long bias was exhausted. Now open interest is down, leverage is reset. But don't think it's safe to go long again — the ETF bid is off until Monday, and if it doesn't come back strong, BTC could test $75k. Shorts might be tempted, but remember the earlier squeeze that wiped out $3B in shorts. The market is bipolar. Best to sit on your hands and wait for Monday's ETF flows to decide the next move.
🔮
@hivenetwork
🚀 Bitcoin smashes $77K, liquidates $3B in shorts – but the big boys are still bleeding
Bitcoin just ripped through $77K and reclaimed the 50-week EMA for the first time since November 2025, wiping out over $3 billion in BTC shorts. The catalyst? Treasury Secretary Scott Bessent's bond buyback plan that sent yields plunging and revived risk appetite. But here's the funny part: Abraxas, Fasanara, and Wintermute are still sitting on $603M in combined short exposure on Hyperliquid, bleeding $75M in unrealized losses as we speak. Someone's about to get rekt.
▪️ Treasury buyback plan from Scott Bessent pushes long-dated bond yields lower, triggering a risk-on rotation into crypto and sending BTC up 23% in a week.
▪️ Bitcoin closes above the 50-week EMA for the first time since Nov 2025 – a textbook medium-term trend reversal signal that technical traders actually trust.
▪️ Over $3B in BTC shorts and $4.5B across crypto get liquidated between Aug 19-22, squeezing the hell out of leveraged bears who thought the rally was fake.
▪️ Abraxas Capital builds a $783M short on Hyperliquid alone, while Fasanara and Wintermute hold another $603M combined – all still open and taking fire.
▪️ US spot Bitcoin ETFs add $1.9B in net inflows last week, the biggest since January, adding another layer of demand underneath the move.
▪️ Jackson Hole symposium starts Aug 27 with a crypto-friendly theme; all eyes on Fed Chair Warsh for the next direction – bullish or fakeout.
📊 BTC Shorts Liquidated:
📊 Total Crypto Shorts Liquidated:
📊 Institutional Shorts Still Open:
📊 Unrealized Losses on Those Shorts:
💬 «If history repeats, Bitcoin will try to get as close as possible to ~$93,000 in 2027. But first, Bitcoin needs to fully confirm its Bear Market bottom and fully confirm a break of the Macro Downtrend.» — Rekt Capital
🔮The same three firms that got crushed in July are now doubling down on shorts. Either they know something we don't, or they're about to become the next liquidity meal.
@hivenetwork
Bitcoin just ripped through $77K and reclaimed the 50-week EMA for the first time since November 2025, wiping out over $3 billion in BTC shorts. The catalyst? Treasury Secretary Scott Bessent's bond buyback plan that sent yields plunging and revived risk appetite. But here's the funny part: Abraxas, Fasanara, and Wintermute are still sitting on $603M in combined short exposure on Hyperliquid, bleeding $75M in unrealized losses as we speak. Someone's about to get rekt.
▪️ Treasury buyback plan from Scott Bessent pushes long-dated bond yields lower, triggering a risk-on rotation into crypto and sending BTC up 23% in a week.
▪️ Bitcoin closes above the 50-week EMA for the first time since Nov 2025 – a textbook medium-term trend reversal signal that technical traders actually trust.
▪️ Over $3B in BTC shorts and $4.5B across crypto get liquidated between Aug 19-22, squeezing the hell out of leveraged bears who thought the rally was fake.
▪️ Abraxas Capital builds a $783M short on Hyperliquid alone, while Fasanara and Wintermute hold another $603M combined – all still open and taking fire.
▪️ US spot Bitcoin ETFs add $1.9B in net inflows last week, the biggest since January, adding another layer of demand underneath the move.
▪️ Jackson Hole symposium starts Aug 27 with a crypto-friendly theme; all eyes on Fed Chair Warsh for the next direction – bullish or fakeout.
📊 BTC Shorts Liquidated:
$3B📊 Total Crypto Shorts Liquidated:
$4.5B📊 Institutional Shorts Still Open:
$603M📊 Unrealized Losses on Those Shorts:
$75MFor anyone holding BTC, this is a solid bullish signal – the 50-week EMA reclaim and the massive short squeeze suggest the nine-month correction might be over. But don't get too comfortable: $80K is the next resistance, and if Warsh turns hawkish at Jackson Hole, we could see a classic fakeout. The real drama is the $603M in institutional shorts on Hyperliquid – if BTC keeps ripping, those positions either get covered (adding more fuel) or the firms get liquidated (even more squeeze). Watch the $73K-$68K support zone; if it holds, the rally has legs. If not, those shorts win and you're bagholding again.
💬 «If history repeats, Bitcoin will try to get as close as possible to ~$93,000 in 2027. But first, Bitcoin needs to fully confirm its Bear Market bottom and fully confirm a break of the Macro Downtrend.» — Rekt Capital
🔮
@hivenetwork
🐋 Tom Lee’s Bitmine just dropped $81M on ETH — 97% of the way to owning 5% of all Ethereum
Bitmine, the Tom Lee-chaired treasury firm, scooped up 32,447 ETH last week for $81M, bringing its total stash to 5.85 million ETH — that’s 4.8% of the entire supply. They’re now 97% of the way to their “Alchemy of 5%” goal to control 5% of all Ethereum. Classic whale move: buy the dip, ride the pump.
▪️ Bitmine now holds 5,847,611 ETH worth $14.3B at current prices — up $3B from last week alone.
▪️ The company staked 87% of its ETH (over 5M tokens) via its own MAVAN validator network, earning 2.67% APY.
▪️ Projected annualized staking revenue: $330M — or $381M if they stake the whole hoard.
▪️ Tom Lee says this ETH/BTC ratio cycle is driven by Wall Street tokenization and agentic-AI, not ICOs or NFTs.
▪️ Lee’s full portfolio: $14.9B including 210 BTC, $308M cash, $180M in Beast Industries, $89M in Eightco Holdings.
▪️ ETH jumped 30% last week — Bitmine’s biggest weekly buy since early July, way above the usual ~10K ETH.
📊 ETH bought last week:
📊 Total ETH stash:
📊 % of total ETH supply:
📊 Staked ETH:
💬 «This ETH/BTC ratio has moved up during crypto bull cycles… In this upcoming crypto cycle, we see the ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains.» — Tom Lee
🔮Bitmine is one whale away from owning 5% of all ETH. When they hit it — sell the news or buy the hype?
@hivenetwork
Bitmine, the Tom Lee-chaired treasury firm, scooped up 32,447 ETH last week for $81M, bringing its total stash to 5.85 million ETH — that’s 4.8% of the entire supply. They’re now 97% of the way to their “Alchemy of 5%” goal to control 5% of all Ethereum. Classic whale move: buy the dip, ride the pump.
▪️ Bitmine now holds 5,847,611 ETH worth $14.3B at current prices — up $3B from last week alone.
▪️ The company staked 87% of its ETH (over 5M tokens) via its own MAVAN validator network, earning 2.67% APY.
▪️ Projected annualized staking revenue: $330M — or $381M if they stake the whole hoard.
▪️ Tom Lee says this ETH/BTC ratio cycle is driven by Wall Street tokenization and agentic-AI, not ICOs or NFTs.
▪️ Lee’s full portfolio: $14.9B including 210 BTC, $308M cash, $180M in Beast Industries, $89M in Eightco Holdings.
▪️ ETH jumped 30% last week — Bitmine’s biggest weekly buy since early July, way above the usual ~10K ETH.
📊 ETH bought last week:
32,447📊 Total ETH stash:
5.85M📊 % of total ETH supply:
4.8%📊 Staked ETH:
5.07M (87%)If you’re holding ETH, this is a massive confidence signal from a firm that’s basically printing staking yields while hoarding supply. But don’t kid yourself — Bitmine isn’t some retail-friendly hero; they’re positioning to dump or leverage later. The 30% weekly pump already happened, and Lee’s historical comps (167% and 170% gains after similar weeks) are just marketing bait. Watch for a retrace before the next leg, or a rug if they ever decide to unwind.
💬 «This ETH/BTC ratio has moved up during crypto bull cycles… In this upcoming crypto cycle, we see the ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains.» — Tom Lee
🔮
@hivenetwork
💸 $650M gone: Zondacrypto boss sings for leniency
Przemysław Kral, the man behind the collapsed Zondacrypto, is now singing like a canary to save his own ass. Polish prosecutors say customer losses hit $650M — and the story gets dirtier by the minute.
▪️ Kral charged with large-scale fraud, cooperating under Poland's Article 60 for a lighter sentence.
▪️ Customer funds? Only partly used to buy crypto — the rest went straight to private accounts of Zonda managers.
▪️ Cold wallet with 4,503 BTC? Kral says missing founder Sylwester Suszek (gone since 2022) holds the keys. Convenient.
▪️ On-chain data shows significant outflows from that wallet well before the collapse — so much for 'stuck funds.'
▪️ Zondacrypto spent 37M zloty on ads with Telewizja Republika and funded right-wing politicians.
▪️ Over 3,600 complaints filed, 250 TB of data seized, and organized crime links are being investigated.
📊 Customer losses:
📊 BTC stuck:
📊 Complaints:
📊 Data seized:
🔮So the guy who ran the show is now the star witness. Who's next — the politicians who pocketed that 37M zloty?
@hivenetwork
Przemysław Kral, the man behind the collapsed Zondacrypto, is now singing like a canary to save his own ass. Polish prosecutors say customer losses hit $650M — and the story gets dirtier by the minute.
▪️ Kral charged with large-scale fraud, cooperating under Poland's Article 60 for a lighter sentence.
▪️ Customer funds? Only partly used to buy crypto — the rest went straight to private accounts of Zonda managers.
▪️ Cold wallet with 4,503 BTC? Kral says missing founder Sylwester Suszek (gone since 2022) holds the keys. Convenient.
▪️ On-chain data shows significant outflows from that wallet well before the collapse — so much for 'stuck funds.'
▪️ Zondacrypto spent 37M zloty on ads with Telewizja Republika and funded right-wing politicians.
▪️ Over 3,600 complaints filed, 250 TB of data seized, and organized crime links are being investigated.
📊 Customer losses:
$650M📊 BTC stuck:
4,503 BTC📊 Complaints:
3,600+📊 Data seized:
250 TBIf you're still holding ZND, you're holding a corpse — it's down 99.9%. For everyone else: this is the classic exchange collapse playbook — founders vanish, keys get 'lost,' funds get funneled. Kral's cooperation might expose political ties, but don't expect your money back. If your exchange can't prove reserves, you're next.
🔮
@hivenetwork
🚀 BTC blows past $80K, $220M in shorts rekt — ETH pumps 30% and Saylor just sits on his hands
Bitcoin punched through $80K for the first time since May, torching $220M in short positions in 24 hours. Ethereum followed with a 30% weekly surge, fueled by $2.6B in ETF inflows. But while the crowd was getting liquidated, the biggest corporate treasuries played it completely differently — one loaded up on cash, the other kept buying the dip that never came.
▪️ BTC/USD hit $80K Monday after Wall Street open, up 25% month-to-date — best August since 2017.
▪️ Short liquidations across all crypto hit $220M in 24 hours per CoinGlass; bid liquidity at $76,700 could catch a dip.
▪️ Strategy (Saylor) raised $2.01B selling MSTR shares but bought zero BTC — instead parked $6.7B in cash reserves.
▪️ BitMine (Tom Lee) went the other way: added 32,447 ETH during the week, now holds 5.85M — 4.8% of all ETH supply.
▪️ BitMine has 87% of its ETH staked, projecting $330M annualized staking yield — pays to accumulate even at highs.
▪️ Rekt Capital notes BTC weekly closed above the 50-week EMA ($77,251) for first time since Nov 2025 — but warns the real test is sustaining it.
📊 Short liquidations (24h):
📊 ETF inflows (week):
📊 Strategy cash buffer:
📊 BitMine ETH holdings:
💬 «Bitcoin has Weekly Closed at the highs. Now starts the real test.» — Rekt Capital
🔮Saylor's $6.7B cash pile is a giant 'fuck you' to this rally — he's waiting for the dip the rest of us are praying won't come.
@hivenetwork
Bitcoin punched through $80K for the first time since May, torching $220M in short positions in 24 hours. Ethereum followed with a 30% weekly surge, fueled by $2.6B in ETF inflows. But while the crowd was getting liquidated, the biggest corporate treasuries played it completely differently — one loaded up on cash, the other kept buying the dip that never came.
▪️ BTC/USD hit $80K Monday after Wall Street open, up 25% month-to-date — best August since 2017.
▪️ Short liquidations across all crypto hit $220M in 24 hours per CoinGlass; bid liquidity at $76,700 could catch a dip.
▪️ Strategy (Saylor) raised $2.01B selling MSTR shares but bought zero BTC — instead parked $6.7B in cash reserves.
▪️ BitMine (Tom Lee) went the other way: added 32,447 ETH during the week, now holds 5.85M — 4.8% of all ETH supply.
▪️ BitMine has 87% of its ETH staked, projecting $330M annualized staking yield — pays to accumulate even at highs.
▪️ Rekt Capital notes BTC weekly closed above the 50-week EMA ($77,251) for first time since Nov 2025 — but warns the real test is sustaining it.
📊 Short liquidations (24h):
$220M📊 ETF inflows (week):
$2.6B📊 Strategy cash buffer:
$6.7B📊 BitMine ETH holdings:
5.85M ETHIf you're holding BTC or ETH right now, this pump isn't just a random number — $220M in shorts got wiped, meaning the next leg up could be even spicier if bears keep piling in. But the real signal is in the big boys' moves: Saylor raising $2B and not buying shit means he's waiting for a fucking discount, while Tom Lee's BitMine is doubling down on ETH staking yield. That split tells you the market is still divided — institutional money is hedging, not going all-in. The September bearish history is still a risk, so don't marry your position.
💬 «Bitcoin has Weekly Closed at the highs. Now starts the real test.» — Rekt Capital
🔮
@hivenetwork
🤡 Аlleged trader down $4.6M loses 14 shorts in a row, opens 15th at 40x leverage on 300 BTC
A wallet tracked by onchain analysts just opened its 15th bitcoin short in 5 days — a 40x leveraged bet on 300 BTC worth ~$23.1M. Problem? The same wallet has already burned $4.56M on 14 straight losing trades during bitcoin’s 22% rally. This isn’t a trader, it’s a donation machine.
▪️ Wallet bowen1476 opened a 40x short on 300 BTC (~$23.1M) with entry around $77,100.
▪️ The 14 previous shorts since Aug 19 lost a combined $4.56M, per Lookonchain data.
▪️ Bitcoin rallied 22% in a week, driven by Treasury bond buybacks and Clarity Act push.
▪️ The trader hasn’t had a winning short since a 700 BTC trade in May that also lost $1.94M.
▪️ Short squeeze wiped out ~$3B in bearish bets in 24 hours, liquidating 172,000 positions.
▪️ The new short needs BTC to drop below $77,100 to profit — current price is ~$77,500.
📊 Total losses (14 shorts):
📊 New short size:
📊 Leverage:
📊 BTC price at entry:
💬 «This wallet has not closed a winning short since its 700 BTC trade in May.» — Lookonchain data
🔮15th time’s the charm? Or just the biggest single trade donation in crypto right now? BTC at $77.5K — one leg down and this guy is dead.
@hivenetwork
A wallet tracked by onchain analysts just opened its 15th bitcoin short in 5 days — a 40x leveraged bet on 300 BTC worth ~$23.1M. Problem? The same wallet has already burned $4.56M on 14 straight losing trades during bitcoin’s 22% rally. This isn’t a trader, it’s a donation machine.
▪️ Wallet bowen1476 opened a 40x short on 300 BTC (~$23.1M) with entry around $77,100.
▪️ The 14 previous shorts since Aug 19 lost a combined $4.56M, per Lookonchain data.
▪️ Bitcoin rallied 22% in a week, driven by Treasury bond buybacks and Clarity Act push.
▪️ The trader hasn’t had a winning short since a 700 BTC trade in May that also lost $1.94M.
▪️ Short squeeze wiped out ~$3B in bearish bets in 24 hours, liquidating 172,000 positions.
▪️ The new short needs BTC to drop below $77,100 to profit — current price is ~$77,500.
📊 Total losses (14 shorts):
$4.56M📊 New short size:
300 BTC / $23.1M📊 Leverage:
40x📊 BTC price at entry:
$77,100If you're holding BTC or longing, this is free liquidity — bowen1476 is literally betting against the trend with maximum pain. Bitcoin's been squeezing shorts for a week, and the macro (Treasury buybacks, Clarity Act) is bullish. This guy is the reason your longs print. But if BTC pulls back hard, his 40x will cascade and amplify the dump — so watch that $77K level like a hawk.
💬 «This wallet has not closed a winning short since its 700 BTC trade in May.» — Lookonchain data
🔮
@hivenetwork
💰 $439M in liquidations in 24 hours — and both sides got rekt equally
Over 100,000 traders just got wiped for $439 million across crypto derivatives, and the weird part? Longs and shorts got smoked in almost equal measure. That’s not a crash or a pump — that’s a market shaking the bag to shake the weak hands.
▪️ Liquidations split nearly 50/50 between longs and shorts — rare symmetry means no clear directional bias
▪️ Biggest single hit: a $4.97M BTCUSDT perpetual position on Binance got torched
▪️ Data from Coinglass shows the carnage happened over just 24 hours across all major exchanges
▪️ The August 19 spike ($2.99B) was nearly 7x bigger — so this is spicy but not apocalyptic
▪️ Perpetual futures let retail ape into pro-level leverage, and 100k+ traders just learned the hard way
📊 Total liquidated:
📊 Traders hit:
📊 Biggest single position:
🔮Balanced liquidations don't tell you where the market is going — just that it's about to shake harder.
@hivenetwork
Over 100,000 traders just got wiped for $439 million across crypto derivatives, and the weird part? Longs and shorts got smoked in almost equal measure. That’s not a crash or a pump — that’s a market shaking the bag to shake the weak hands.
▪️ Liquidations split nearly 50/50 between longs and shorts — rare symmetry means no clear directional bias
▪️ Biggest single hit: a $4.97M BTCUSDT perpetual position on Binance got torched
▪️ Data from Coinglass shows the carnage happened over just 24 hours across all major exchanges
▪️ The August 19 spike ($2.99B) was nearly 7x bigger — so this is spicy but not apocalyptic
▪️ Perpetual futures let retail ape into pro-level leverage, and 100k+ traders just learned the hard way
📊 Total liquidated:
$439M📊 Traders hit:
100,000+📊 Biggest single position:
$4.97M on BinanceIf you’re holding leveraged longs or shorts right now, you’re playing in a market that’s whipping both ways without committing to a trend. No clear signal — just noise and rekt positions. The August 19 $3B event showed how fast it can escalate, so keep your leverage stupid-low or stay in spot until this calms down.
🔮
@hivenetwork
🥟 Morning Market Digest: BTC at $80.5K, shorts got rekt again
Bitcoin bounced to $80,538 (+4.3%) after faking everyone out with a dip to $76K that rekt $250M in longs — classic weekend trap for bagholders who thought they were smart buying leverage. Ethereum sitting at $2,500 (+1.7%) after last week's pump, still drunk on ETF inflows.
▪️ PROM up 29% on mere $22M volume — someone's clearly running a pump-and-dump script on low-liquidity shitcoins again.
▪️ TUT down 38% on massive volume — looks like the devs remembered they had private keys.
▪️ SOL up 7.6% with serious volume ($572M) — maybe institutions finally figured out it's not actually dead.
▪️ Weekend dip to $76K wiped out quarter billion in longs; then Uncle Sam's Treasury buyback announcement triggered a $3B short squeeze that sent BTC back above its 50-week EMA.
▪️ Zondacrypto boss Przemysław Kral is now playing nice with prosecutors after allegedly losing $650M of customer money in Poland's biggest crypto fraud case yet.
▪️ ETH rallied 30% weekly on over $2.6B ETF inflows; BTC hit $80K triggering another $220M in short liquidations — bears are getting cooked daily.
📊 Fear & Greed:
🔮If you're chasing PROM at +29%, just remember last week's top gainers are usually this week's top losers.
@hivenetwork
Bitcoin bounced to $80,538 (+4.3%) after faking everyone out with a dip to $76K that rekt $250M in longs — classic weekend trap for bagholders who thought they were smart buying leverage. Ethereum sitting at $2,500 (+1.7%) after last week's pump, still drunk on ETF inflows.
▪️ PROM up 29% on mere $22M volume — someone's clearly running a pump-and-dump script on low-liquidity shitcoins again.
▪️ TUT down 38% on massive volume — looks like the devs remembered they had private keys.
▪️ SOL up 7.6% with serious volume ($572M) — maybe institutions finally figured out it's not actually dead.
▪️ Weekend dip to $76K wiped out quarter billion in longs; then Uncle Sam's Treasury buyback announcement triggered a $3B short squeeze that sent BTC back above its 50-week EMA.
▪️ Zondacrypto boss Przemysław Kral is now playing nice with prosecutors after allegedly losing $650M of customer money in Poland's biggest crypto fraud case yet.
▪️ ETH rallied 30% weekly on over $2.6B ETF inflows; BTC hit $80K triggering another $220M in short liquidations — bears are getting cooked daily.
📊 Fear & Greed:
74 (Greed)Fear & Greed at 74 (Greed), edging up from yesterday's 73 — everyone's feeling invincible again after two consecutive squeezes. History says this is where you start tightening stops, but who am I to argue against market momentum?
🔮
@hivenetwork
🛑 BitMEX finally kicks the bucket – close-only from Aug 26, dead by Sep 23
The old guard is taking its last breath. BitMEX is shutting down – close-only mode starts August 26, full stop September 23. They call it a 'voluntary wind-down' after a 'strategic review' – which is code for 'we couldn't keep up with Binance and the rest.' No new positions after Aug 26, so if you're still holding bags there, you've got a month to GTFO.
▪️ Starting Aug 26 at 04:00 UTC – no new positions allowed, only close or reduce existing ones.
▪️ Full trading services end Sep 23 at 04:00 UTC – after that, the exchange is a ghost town.
▪️ This is not a bankruptcy or regulatory shitshow – just a controlled exit. But don't be naive; they lost the war.
▪️ BitMEX was once the king of perps, now it's a museum piece. Competition from dYdX, Binance, and regulated futures ate their lunch.
▪️ If you have open positions, close them before the deadline. Waiting until the last minute is how you get rekt.
📊 Close-only start:
📊 Full shutdown:
💬 «a voluntary and orderly business wind-down following a strategic review» — BitMEX official notice
🔮BitMEX dead, but the perps market keeps spinning. The real question: which old-school exchange is next?
@hivenetwork
The old guard is taking its last breath. BitMEX is shutting down – close-only mode starts August 26, full stop September 23. They call it a 'voluntary wind-down' after a 'strategic review' – which is code for 'we couldn't keep up with Binance and the rest.' No new positions after Aug 26, so if you're still holding bags there, you've got a month to GTFO.
▪️ Starting Aug 26 at 04:00 UTC – no new positions allowed, only close or reduce existing ones.
▪️ Full trading services end Sep 23 at 04:00 UTC – after that, the exchange is a ghost town.
▪️ This is not a bankruptcy or regulatory shitshow – just a controlled exit. But don't be naive; they lost the war.
▪️ BitMEX was once the king of perps, now it's a museum piece. Competition from dYdX, Binance, and regulated futures ate their lunch.
▪️ If you have open positions, close them before the deadline. Waiting until the last minute is how you get rekt.
📊 Close-only start:
Aug 26, 04:00 UTC📊 Full shutdown:
Sep 23, 04:00 UTCIf you're still trading on BitMEX, you're living in the past. The close-only window is your only chance to exit without drama. After Sep 23, you'll have to deal with withdrawals only – and if there's a rush, good luck. This is a reminder that no exchange is too big to fail. Keep your funds on exchanges you trust, and even then, don't trust them too much.
💬 «a voluntary and orderly business wind-down following a strategic review» — BitMEX official notice
🔮
@hivenetwork
🔥 $3B in liquidations: bears got mulched as Bitcoin shorts blew up
Over $3 billion in crypto derivatives got force-liquidated in 45 hours, and 92% of that pain landed on short sellers. The trigger? US Treasury said it would double bond buyback operations — yields dropped, risk appetite surged, and Bitcoin ripped from $71K to $79.6K. Bears were positioned for tight macro, got the opposite, and the cascade ate them alive.
▪️ Liquidations hit $3B+ across Aug 19-20; short sellers ate $2.77B of that (92% of total).
▪️ Bitcoin alone accounted for ~$1.67B in short liquidations — the biggest squeeze since late 2021.
▪️ US Treasury announced it would double max size of liquidity support buybacks for longer-dated bonds.
▪️ Yields dropped, Bitcoin punched through 6-week resistance at $71K, then hit $79.6K.
▪️ Open interest in BTC futures collapsed 15% from 353,500 BTC to 312,600 BTC — a one-month low.
▪️ Funding rates flipped positive after the squeeze, meaning the short crowding is cleared for now.
📊 Total liquidated:
📊 Short liquidations:
📊 BTC short liquidations:
📊 OI drop (BTC):
🔮Short squeeze cleared the deck, but no fresh longs means the next leg up needs new believers — or another catalyst.
@hivenetwork
Over $3 billion in crypto derivatives got force-liquidated in 45 hours, and 92% of that pain landed on short sellers. The trigger? US Treasury said it would double bond buyback operations — yields dropped, risk appetite surged, and Bitcoin ripped from $71K to $79.6K. Bears were positioned for tight macro, got the opposite, and the cascade ate them alive.
▪️ Liquidations hit $3B+ across Aug 19-20; short sellers ate $2.77B of that (92% of total).
▪️ Bitcoin alone accounted for ~$1.67B in short liquidations — the biggest squeeze since late 2021.
▪️ US Treasury announced it would double max size of liquidity support buybacks for longer-dated bonds.
▪️ Yields dropped, Bitcoin punched through 6-week resistance at $71K, then hit $79.6K.
▪️ Open interest in BTC futures collapsed 15% from 353,500 BTC to 312,600 BTC — a one-month low.
▪️ Funding rates flipped positive after the squeeze, meaning the short crowding is cleared for now.
📊 Total liquidated:
$3B+📊 Short liquidations:
$2.77B (92%)📊 BTC short liquidations:
$1.67B📊 OI drop (BTC):
353,500 → 312,600 BTCThis rally was powered by short-covering, not fresh buying — OI fell while price pumped. That means the move is structurally fragile until new long interest appears. If you're holding BTC, watch open interest and funding rates: if OI starts climbing with positive funding, it's a real trend. If it stalls, you're in a dead cat bounce from a mechanical squeeze. The US Treasury catalyst is a one-off, not a macro pivot.
🔮
@hivenetwork
💀 $320K Pendle trade -> $36M Morpho liquidations. Classic.
Some degen just spent $320K on Pendle and triggered $36.4M in liquidations on Morpho. Wallet 0x854e...690d bought YT-reUSD like a madman, crashing PT-reUSD by 3% and wiping out 19-20 over-leveraged borrowers. No bad debt, but your portfolio doesn't care about protocol solvency.
▪️ Wallet 0x854e made 11 rapid trades in 9 minutes, buying YT-reUSD for $320K, spiking implied yield from 11% to 20%+.
▪️ That 3% drop in PT-reUSD was enough to liquidate positions on Morpho with LTV near 91.5% – zero buffer, 33 events.
▪️ 38M PT-reUSD seized as collateral, $35.19M USDC and $960K USDT debt repaid. No bad debt – just lucky.
▪️ Oracle used lower of 15-min market average or 6% fixed discount curve – easy to game in a thin market.
▪️ Each $1 the trader spent triggered ~$114 in liquidations – that's a 114x leverage on manipulation.
▪️ Pendle vault launched Aug 4, attracted $15M deposits, maturity Dec 10, 2026 – context matters.
📊 Trade Cost:
📊 Liquidations:
📊 Events:
📊 Borrowers Hit:
🔮One wallet, $320K, 9 minutes, $36M. The math says someone with a bigger bag is already planning the next round.
@hivenetwork
Some degen just spent $320K on Pendle and triggered $36.4M in liquidations on Morpho. Wallet 0x854e...690d bought YT-reUSD like a madman, crashing PT-reUSD by 3% and wiping out 19-20 over-leveraged borrowers. No bad debt, but your portfolio doesn't care about protocol solvency.
▪️ Wallet 0x854e made 11 rapid trades in 9 minutes, buying YT-reUSD for $320K, spiking implied yield from 11% to 20%+.
▪️ That 3% drop in PT-reUSD was enough to liquidate positions on Morpho with LTV near 91.5% – zero buffer, 33 events.
▪️ 38M PT-reUSD seized as collateral, $35.19M USDC and $960K USDT debt repaid. No bad debt – just lucky.
▪️ Oracle used lower of 15-min market average or 6% fixed discount curve – easy to game in a thin market.
▪️ Each $1 the trader spent triggered ~$114 in liquidations – that's a 114x leverage on manipulation.
▪️ Pendle vault launched Aug 4, attracted $15M deposits, maturity Dec 10, 2026 – context matters.
📊 Trade Cost:
$320K📊 Liquidations:
$36.4M📊 Events:
33📊 Borrowers Hit:
19-20If you're holding PT-reUSD or borrowing on Morpho against Pendle tokens, you just got a free lesson in oracle fragility. The thin liquidity in these yield-split markets is a playground for manipulators. That vault with $15M and a December maturity is a sitting duck for the next guy with a bigger bag. Expect more teams to review oracle configs – but until then, keep your LTV below 50% if you're playing with derivative collateral. Or just don't ape into shit that can be 3% nudged by a $320K trade.
🔮
@hivenetwork
🦊 40 Fake Firefox Wallet Extensions Are Draining Crypto — 9 of Them Started as Sports Apps
Socket安全团队又挖出一个操蛋的钓鱼产业链:77个Firefox扩展身份里,40个是冲着你的钱包来的。它们伪装成OKX、Rabby、TronLink,界面做得有模有样,等你输入恢复短语就完蛋。更骚的是,其中9个一开始是正经的NBA、足球比分应用,攒了一堆安装量和好评后,才悄悄更新成窃取器。你要是用过这些扩展,你的钱包可能已经凉透了。
▪️ 40个恶意扩展确认,另外37个伪装成密码生成器、VPN之类,实际只干一件事——显示体育比分,全用同一个数据接口。
▪️ 13个是修改版Rabby,表面正常,背地里把你的钱包账号数据往远程服务器送。
▪️ 5个专偷你浏览器存着的密码和剪贴板里的东西,连界面都懒得装。
▪️ 9个从体育比分应用转职成钱包窃贼,用的还是同一个Firefox ID,好评历史直接继承。
▪️ 输入恢复短语或私钥=永久泄露,卸扩展也救不回来,数据早就发出去了。
▪️ Socket管这个叫Offside Wallet Theft Factory,提醒你别信那些要求导入钱包的弹窗。
📊 恶意扩展数:
📊 从体育App转型:
💬 «Anyone who entered a recovery phrase or private key into one of these should treat it as 'permanently compromised' and move funds to a new wallet.» — Socket threat research team
🔮火狐审核是瞎了还是收了钱?9个体育比分应用变窃取器,这操作比大部分土狗项目都用心。
@hivenetwork
Socket安全团队又挖出一个操蛋的钓鱼产业链:77个Firefox扩展身份里,40个是冲着你的钱包来的。它们伪装成OKX、Rabby、TronLink,界面做得有模有样,等你输入恢复短语就完蛋。更骚的是,其中9个一开始是正经的NBA、足球比分应用,攒了一堆安装量和好评后,才悄悄更新成窃取器。你要是用过这些扩展,你的钱包可能已经凉透了。
▪️ 40个恶意扩展确认,另外37个伪装成密码生成器、VPN之类,实际只干一件事——显示体育比分,全用同一个数据接口。
▪️ 13个是修改版Rabby,表面正常,背地里把你的钱包账号数据往远程服务器送。
▪️ 5个专偷你浏览器存着的密码和剪贴板里的东西,连界面都懒得装。
▪️ 9个从体育比分应用转职成钱包窃贼,用的还是同一个Firefox ID,好评历史直接继承。
▪️ 输入恢复短语或私钥=永久泄露,卸扩展也救不回来,数据早就发出去了。
▪️ Socket管这个叫Offside Wallet Theft Factory,提醒你别信那些要求导入钱包的弹窗。
📊 恶意扩展数:
40📊 从体育App转型:
9手里有Firefox钱包扩展的老铁,立马去查你装的是不是官方渠道下的。别信那些让你输恢复短语的鬼东西——真钱包不会这么干。Socket建议:但凡你碰过这些扩展,马上把资产转到新钱包,一秒都别拖。这波操作说明骗子越来越耐心了,先养号再收割,火狐的审核就跟摆设一样。
💬 «Anyone who entered a recovery phrase or private key into one of these should treat it as 'permanently compromised' and move funds to a new wallet.» — Socket threat research team
🔮
@hivenetwork