Cryptocurrency Live News & Updates : Smart Money Faces $12.48M Losses on Altcoin Shorts
A smart money address, known as @ai_9684xtpa, is experiencing unrealized losses of $12.48 million after shorting various altcoins, following a recent market rally. In the latest cryptocurrency news, a smart money address has reported significant unrealized losses of $12.48 million due to short positions on altcoins, as the market has surged. Meanwhile, BNB has dipped below 760 USDT, showing only a slight increase of 1.23% in the last 24 hours. On a more positive note, the Blockchain Group has added 22 Bitcoin to its holdings, achieving an impressive 1,373% yield year-to-date, with its total BTC holdings now valued at $233.5 million. Bitcoin itself has seen a modest rise of 1.21% in the past day, trading close to the $120,000 mark. Additionally, the Thai SEC is considering easing testing requirements for retail crypto investors, aiming to reduce burdens while ensuring investment risks are aligned with product risks. Lastly, the Reserve Bank of Australia faces scrutiny as it holds interest rates steady despite weak inflation, with upcoming policy meeting minutes and a speech from Governor Bullock expected to provide clarity on future monetary policy decisions. These developments highlight the dynamic nature of the cryptocurrency market and regulatory landscape. Show more
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