Bitcoin scaled an intraday peak of $105,680, climbing 2.5% versus the U.S. greenback, as merchants reveled in its buoyant momentum. The digital asset now orbits close to $105,385 per unit, weathering a modest 3.87% dip from its historic zenith of $109,356 achieved on Jan. 20, 2025. Present buying and selling vigor displays roughly $19 billion in BTC commerce quantity, with Binance dominating as as we speak’s most energetic change. Analyzing current volatility, Coinglass information reveals that over $27 million in bearish BTC quick bets evaporated inside a four-hour window, illuminating fleeting market dynamics. A standout casualty emerged on Binance: a single BTC/ USDT place price $3.37 million was swiftly liquidated, marking the day’s most dramatic exit.
Polychain Nets $80M From Celestia Staking Rewards Alone
Polychain earned $78M by selling staking rewards, keeping its full 65M token position untouched. Five wallets sold 6.35M TIA from emissions, accounting for $51M—about 9.77% of each allocation. The emission model drew backlash, enabling insiders to profit without selling vested tokens. Polychain, a crypto investment firm, has earned over $78...
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