CleanSpark has secured a $100 million Bitcoin credit line from Two Prime

On September 26th, based on Coinglass data, within the past 24 hours, the total value liquidated across the entire network amounted to $829 million. There were $759 million in long liquidations and $69.887 million in short liquidations. During the past 24 hours, a total of 210,632 people were liquidated globally. The largest single liquidation took place on Hyperliquid - ETH-USD, with a value of $29.1176 million.

On September 26th, Andrew Kang, a partner at Mechanism Capital, tweeted that he had significantly purchased short-term put options for ETH. Each contract cost $15, and if ETH were to fall to the $3000 range, he would receive $400 - 1000. Prior to this, in a post referring to his criticism of Tom Lee the previous day, Andrew Kang stated, "Ethereum is Luna 2.0." In the article, Andrew Kang directly labeled Tom Lee's theory about ETH as "foolish" and put forward five counterpoints, causing a stir in the industry. These counterpoints are as follows: The widespread adoption of stablecoins and RWAs will not bring the expected benefits. The analogy of Ethereum as "digital oil" is not accurate. Institutional buying and staking of ETH? Pure fantasy. Is ETH equivalent to the total value of all financial infrastructure companies? Extremely absurd. Technical analysis shows that ETH is still clearly in a multi-year consolidation range, and the recent price increase was ruthlessly rejected aft

On September 26th, based on HTX market data, Ethereum dropped below $3,900, experiencing a 24-hour decline of 6.7%.

Update: On September 26th, based on HTX market data, Bitcoin fell below $110,000 with a 24-hour decline of 3.4%.

On September 26th, based on the monitoring of LookOnChain, whale @RegbilTrades took part in the XPL public sale. It spent $571,800 to purchase 11.44 million XPL at a price of $0.05 per token (which is now worth $11.8 million). Currently, the profit has exceeded $11 million, with a return rate of 19 times.

Whale @RegbilTrades spent $571.8K to join the $XPL public sale, buying 11.44M $XPL($11.8M now) at $0.05. Currently, his profit has exceeded $11M, a massive 19x return!