Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC derivatives do not cause price volatility; they only amplify fluctuations in both directions. There is no secret conspiracy in the cryptocurrency market to cause a crash. Without government bailouts, the market can quickly clear over-leveraged investors and restore an upward trend.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
"Silver Iron Bullhead Air Force" Whale Takes Partial Profits as BTC Pulls Back to $71,000, Closing Position of $13.5 Million
On March 25, Gate News reported that according to Hyperinsight monitoring, a whale reduced their position by 190 BTC when BTC briefly pulled back to $71,000, closing the position with a profit of approximately $340,000. The remaining BTC long position of $27.6 million has an unrealized gain of $726,000, while the whale also closed a $3.1 million gold long position.
GateNews1m ago
Bitcoin Should Be $280,000: Real Estate Mogul Grant Cardone - U.Today
Grant Cardone believes Bitcoin is undervalued and should be priced at $280,000, with plans to hold 10,000 BTC. Meanwhile, Tom Lee's Bitmine outpaced Michael Saylor's Strategy in crypto acquisitions, focusing more on Ethereum.
UToday9m ago
A certain mega whale is shorting BTC worth $35.6 million, facing the greatest liquidation pressure among on-chain mega whales at the tens of millions level.
On March 25, Hyperinsight data showed that a whale on Hyperliquid opened a 500 BTC short position with 25x leverage, with an average price of $70,274 and a liquidation price of $72,685. Additionally, the whale preset 18 buy orders in the $71,240 to $72,420 range to reduce positions and stop losses, and placed approximately 200 buy orders below $69,500 to take profits in batches, with a target range of $63,500.
BlockBeatNews33m ago
