ETH Bounces Back, Liquidating Whale's $101 Million Short Position, Just $30 Away from Liquidation

Per HTX market data, B2 (BSquaredNetwork) rallied 120% from $0.41 to break above $0.9, with a 24-hour gain of 83.8%. According to EmberCN monitoring, B2’s active market maker transferred 13 million B2 tokens (valued at $10.44 million) into Binance Alpha via multiple wallets half an hour ago. These 13 million B2 tokens were withdrawn from another exchange a month ago, when B2 was priced at $0.47, netting a $4.27 million profit for the batch. One of the wallets used to transfer B2 to Binance Alpha is linked to the address that previously managed the SIREN project, leading to speculation that this active market maker is the same entity behind prior projects including SIREN, AKE, XPIN, and BTR.

Commander of U.S. Central Command: Over the past two months, the U.S. has assisted more than 1 billion barrels of crude oil and over 2,000 merchant vessels in transiting the Strait of Hormuz. Due to the strict blockade imposed by the U.S., Iran has not exported a single barrel of oil.

According to HTX market data, ENA (Ethena) has surged past $0.2, with a 24-hour increase of 20.6%, and its token price has doubled in the past month.

Crypto analyst Darkfost says Bitcoin’s market behavior has undergone a substantial shift, moving from "panic selling" to "buy-the-dip". The market has crossed a real threshold, with a clear change in investor behavior. Previously, most traders panicked and sold on dips, but now the same pullbacks are being treated as buying opportunities. As a result, expecting Bitcoin to continue its sharp decline has become far more difficult, and short sellers face a more complex operating environment.

Garrett Jin (@GarrettBullish), the largest $ZEC short, currently holds 202,078 $ZEC ($312.8M). He withdrew the 202,078 $ZEC from #Binance 9 months ago when the price was $437. He's now sitting on a $224.5M unrealized profit on $ZEC spot!

Robinhood Chain’s fee revenue plummeted from a peak of roughly $8 million daily in early September (13.1 million transactions, averaging 64 cents per trade) to approximately $230,000 on September 16 (8.9 million transactions, just 2.6 cents per trade)—a 97% drop. Over the same period, transaction volume fell only 32%, while the 7-day average fee declined 82% and transaction count slipped 6%, meaning the fee decline far outstripped the drop in activity. Despite this collapse in on-chain fees, actual trading activity has not receded in lockstep. For the week ending September 16, Robinhood ecosystem DEX trading volume stood at around $13 billion, up 5% week-over-week; stablecoin supply dipped just 1% to roughly $1 billion. Revenue generated by on-chain applications still exceeds that of the network itself: over the past 24 hours, applications collectively collected approximately $8 million in fees, retaining $1.5 million in revenue. Token launch platform Pons recorded weekly trading volume of about $616 million, down 37% week-over-week, with protocol revenue falling from $10.7 million to $5.8 million.