Crypto Trader Machi Cuts Losses, Account Down to $129K

As the crypto market faces downward pressure, trader Machi, known as @machibigbrother, has significantly reduced his exposure. His account now stands at just $129K, reflecting his strategy to close positions to mitigate losses and prevent potential liquidation. This action highlights the ongoing volatility in the market and may prompt other traders to evaluate their positions. […]

Ethereum Whale Closes $8.93M Position After Long Bet on ETH

An Ethereum whale has closed a long position for a profit of $8.93 million after holding it for over 56 days. Opened on August 19, this 20,000 ETH position initially represented a $48.4 million investment. This significant profit realization comes amid a market characterized by mixed signals and varying momentum in major digital assets. Traders […]

Ripple and DriveWealth Target Faster Funding for 100+ Global Partners

More than 100 DriveWealth partners, including fintechs and digital wallets, could gain greater flexibility to fund investments outside bank transfer windows. A new Ripple partnership targets capital tied up by cross-border delays as trading extends beyond regular market hours. Ripple Targets the Gap Between Trading Hours and Bank Transfers Financial platforms offering U.S. market access […]

Boros launches spread markets to trade funding rate gaps

Boros’s spread markets democratize access to funding rate arbitrage, potentially increasing liquidity and efficiency in crypto derivatives. The post Boros launches spread markets to trade funding rate gaps appeared first on Crypto Briefing.