The post LIT And MNT Whale Activity Spikes To Six-Month Highs As Altcoin Volatility Rises appeared on BitcoinEthereumNews.com.
Whale transaction counts on Lighter and Mantle have jumped to levels not seen since early 2026, right as broader altcoin turbulence returns to the market. According to the Santiment update, LIT just recorded 86 transactions above $100,000 in a single day while MNT hit 37 large-size moves. Both figures mark the highest whale activity in six months for each network. The timing is hard to ignore. Altcoin volatility has picked up, and large wallets appear to be positioning ahead of retail that is still sorting through market noise. The LIT spike sits at the intersection of a few narratives that have been slowly building. Lighter is a perpetual DEX, and recent chatter around buyback and burn mechanics, staking yield adjustments, and fresh partnership speculation has given whales a reason to move. Perp DEX volumes across chains have been uneven lately, but on-chain l
The post Bitcoin whale places $31M short bet – Will BTC drop to $60K again? appeared on BitcoinEthereumNews.com.
Bitcoin [BTC] has closed at lower lows for two consecutive days for the first time in ten days. At press time, Bitcoin traded at $62,714, down 1.04% on the daily charts. Amid this price pullback, traders, especially whales, have begun shorting the market. Bitcoin whale opens a $31M short As BTC faced rejection, falling to $62k, a whale jumped into the market and opened a short position. According to Onchain Lens, a whale opened a 40x short position on 493 BTC worth $31 million. With BTC declining, the whale is already sitting on $220k profit after spending $2k in funding fees. Moreover, the whale’s decision to open a short position showed strong pessimism, anticipating the market to continue declining. Source: Coinglass Interestingly, this was not an isolated case. After briefly spiking above 1 across all exchanges, the Long/Short Ratio fell back to 0.97 as of writing.
Dogecoin usually lives and dies by sentiment, but whale behaviour gives traders something a little more tangible to work with. On-chain data showing large DOGE wallets adding during a correction suggests some bigger hold
Dogecoin usually lives and dies by sentiment, but whale behaviour gives traders something a little more tangible to work with. On-chain data showing large DOGE wallets adding during a correction suggests some bigger hold
The post India’s RBI Renews Bitcoin Prohibition Push Affecting 39 Million Traders appeared on BitcoinEthereumNews.com.
Crypto News India’s central bank has renewed its push to keep cryptocurrency outside the regulated financial system, reviving a prohibition-oriented stance that most directly affects Bitcoin (BTC) and other altcoin holdings. Internal government documents dated May and June recommend barring banks and financial institutions from holding, trading, or taking any exposure to crypto assets and privately issued stablecoins. The Reserve Bank of India (RBI) argues that isolation limits financial-contagion risk to domestic lenders. While Indian banks are technically permitted to engage with the sector, most major institutions have avoided it after years of cautionary signals, leaving the industry to operate in a persistent regulatory grey zone that neither legalises nor clearly governs digital-asset activity. The RBI extended its warning to stablecoins, tokens pegged to fiat cu
The post Ethereum Reclaims $1,800 As Retail And Whales Accumulate—Middle Cohort Sells appeared on BitcoinEthereumNews.com.
Ethereum’s climb back above $1,800 is getting a twin lift from the smallest and largest wallet cohorts, according to on-chain supply distribution data. A Santiment update shows that over the past month, retail addresses holding less than 0.01 ETH raised their share of total supply by 1.82%, while key stakeholder wallets—those containing 100 to 100,000 ETH—increased their collective slice by 1.73%. The accumulation is not equal across the board, however. Instead, the data points to a supply squeeze coming from the middle of the holder base. The shift leaves swing traders, exchange liquidity providers, and less committed mid-range positions as the probable source of the ETH that is being absorbed at both ends. This kind of redistribution can weaken the influence of short-term speculators and hand more of the float to entities with longer time horizons, but it also re
The post Bitcoin Drops Near $62K After U.S.-Iran Airstrikes Reignite Risk-Off Selling appeared on BitcoinEthereumNews.com.
Bitcoin News Bitcoin fell about 2.5% on Wednesday as fresh U.S. airstrikes on Iranian targets drained risk appetite across global markets. A broad crypto benchmark slid nearly 2.9% since midnight UTC, with almost every major token in the red. The heaviest damage landed on smaller assets: of roughly $450 million in total liquidations, about $350 million came from altcoin pairs, with JUP, ETHFI and PUMP shedding between 5.5% and 9.3%. Solana erased its entire July rally in the move. Our reading of the tape is that Bitcoin, as the market’s most liquid 24/7 risk instrument, absorbed the flight to safety first while thinner books amplified the downside elsewhere. The selloff accelerated after President Donald Trump, speaking at the NATO leaders’ summit in Ankara, declared the ceasefire understanding with Iran “over” and called further negotiation a “waste of time.” His
The post LIT Rallies 60% in 7 Days Following Two Crucial Announcements appeared on BitcoinEthereumNews.com.
LIT’s price has experienced a notable uptick since Lighter’s July 30 announcements. Lighter DEX updated its tokenomics and announced a partnership with Robinhood Wallet. The partnership enables Lighter to offer perpetual trading with USDG as the quote asset. LIT, the native cryptocurrency of the Lighter decentralized exchange (DEX) ecosystem, has experienced a bullish trend for most of Q2 2026, despite a broader crypto market bearish pressure. TradingView’s data reveals that the cryptocurrency experienced a notable uptick from the beginning of July, surging approximately 60% in less than seven days. According to a Castle Labs analyst monitoring LIT’s price movement, two major announcements from the Lighter ecosystem were responsible for the latest rally. They include a tokenomics update on the digital asset and Lighter’s partnership with Robinhood. $LIT has risen over 80% in the
