Bitcoin price fell below $84,000 after four Hyperliquid wallets opened 40x BTC shorts, but timing alone does not prove causation or insider trading.
Bitcoin.de trading remains suspended after BaFin rejected futurum bank's MiCA application, with regulated partners planned for a restart.
Bitcoin touched roughly $83,840 during Asian trading as Brent crude climbed nearly 1% and the dollar strengthened amid heightened Strait of Hormuz tensions.
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
The holding was disclosed by Johann Kerbrat, Robinhood's senior vice president and general manager for international and crypto operations.
Bitcoin touched $83,551 on Coinbase as $83 million in long positions were liquidated over 24 hours.
Bitcoin traded near $86,000 at 11 p.m. ET Oct. 6 as whale withdrawals followed more than three months of net deposits.
Bitcoin traded at $84,068 on Binance spot at 11:03 p.m. ET Tuesday, up 0.39% from an hour earlier.
The addresses deposited 1 million USDC into Hyperliquid and opened positions valued at $12.5 million before the morning decline.
Bitcoin's whale flows and NUPL recovery point to improving market health, but profit-taking remains a key risk.
Total liquidations across Binance, Bybit and OKX reached $46.11 million as Bitcoin fell 1% to $83,876.
Ether posted its strongest quarter since the third quarter of 2024 as ETF inflows, rising onchain DEX volumes and tokenized-equity announcements supported market resilience.