A major crypto whale increases BTC and ETH long positions, while Binance urges its community to report fraud with rewards, and adjusts leverage margin parameters.
A prominent crypto whale has increased its BTC and ETH long positions from $220 million to $231 million, currently at a floating loss of $4.42 million. Binance is encouraging its community to help monitor and report suspected Alpha fraud or violations, offering rewards for successful reports. The exchange will also adjust PM Pro and contract leverage margin parameters. Additionally, an address linked to Andrew Kang shifted from long to short positions valued at $68.24 million. Another whale deposited $2.91 million USDC into Hyperliquid, opening long and short positions worth around $70 million. BitMine has accumulated nearly 380,000 ETH, worth about $1.5 billion, since the '10.11 crash. Other notable transfers include a withdrawal of 142,000 LINK worth $2.4 million from Binance, and Astra Nova's repurchase of impacted RVV tokens.