The US and Iran Negotiation Delegations Will Arrive in Pakistan on Friday

On April 10, CoinDesk reported that Bitcoin treasury firm Nakamoto (ticker: NAKA) is borrowing a page from Wall Street’s playbook to stem its ongoing stock price slump and preserve its Nasdaq listing eligibility. The company is seeking shareholder approval for a reverse stock split, planning to consolidate shares at a ratio of 1:20 to 1:50 (with the exact ratio yet to be finalized), per its preliminary proxy statement. Its stock currently trades at roughly $0.22—down ~99% from its May 2025 high. Nakamoto also recently offloaded ~5% of its Bitcoin holdings, leaving it with approximately 5,058 BTC, signaling a focus on liquidity management.

April 10th, Binance Wallet announced in an official statement that its latest Alpha Blind Box airdrop pool includes tokens from three projects: Ark of Panda (AOP), Rekt (REKT), and Yei Finance (CLO). Eligible users (holding at least 240 Binance Alpha Points) may claim the airdrop once through the Alpha activity page. Upon claiming, users are assigned to one of three reward tiers, receiving: - 715, 860, or 2860 AOP tokens; - 192,307,700, 230,769,230, or 769,230,770 REKT tokens; - 335, 400, or 1335 CLO tokens. Rewards are distributed on a first-come, first-served basis. If unclaimed rewards remain, the points threshold will drop by 5 every 5 minutes automatically. Claiming the airdrop costs 15 Binance Alpha Points. Users must confirm their claim via the Alpha activity page within 24 hours—failure to do so results in automatic forfeiture of airdrop eligibility.

On April 10, Iranian media reported that no negotiations will take place prior to a ceasefire, and a delegation will not travel to Pakistan. (Golden Cross)

**Hyperliquid: Top Oil Short Whale (Abraxas Capital) Closes $160M Positions for ~$10.15M Profit (April 10)** Per Hyperinsight monitoring (via Telegram @HyperInsight), two addresses linked to Abraxas Capital—Hyperliquid’s largest crude oil short institution—fully closed their ~$160 million short positions in WTIOIL and BRENTOIL early this morning. The exits occurred at ~$95 (WTIOIL) and ~$95.5 (BRENTOIL), yielding a total profit of ~$10.15 million. Post-liquidation, the whale has no large new positions open. Its key holdings now include: - A $20.5 million BTC long position - A $30.8 million GOLD short position **Context**: The addresses began building massive crude shorts on March 26, with positions peaking at $160 million. After recent ceasefire news, the whale’s ~$9.7 million floating loss flipped to profit—climbing to nearly $10 million at one point—prompting it to take profits yesterday afternoon. **Addresses**: 1. 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 2.

April 10th — Per HyperInsight monitoring (https://t.me/HyperInsight), the leading BTC long position (0x1e9) on Hyperliquid liquidated its entire long position in one fell swoop over the past 10 minutes, with a liquidation price of $71,463. This briefly triggered a large sell order execution. The position was opened earlier today at 6:00 AM when BTC was trading above $72,000, holding 247 BTC (~$17.65 million). As prices fell, the address opted to exit quickly via stop-loss, incurring an approximate $180,000 loss on the trade.

April 10 — Sources familiar with the matter report that hours after former President Trump abruptly announced he had suspended an attack on Iran last month, the White House warned staff not to misuse their authority to speculate in the futures market. The White House Management Office sent an email to all staff on March 23 issuing that warning. Earlier that day, Trump announced the attack suspension via Truth Social. About 15 minutes before that sudden policy shift, a flurry of mysterious trading activity hit the futures market. A senior administration official who received the email stated that given the “frequently reported” suspicious large bets in the futures market in media accounts, the warning was indeed a timely “reminder.”