The post ETH Insider Whale 1011 Opens 5x Short Position Worth $15M with Entry at $3,001.81 and Liquidation at $5,056 appeared on BitcoinEthereumNews.com. COINOTAG News, citing Hyperinsight monitoring, reports that the ‘1011 Insider Whale’ has opened a new 5x ETH short position as of November 29. The move signals ongoing appetite for leveraged downside bets among large crypto traders. Notional exposure stands at about $15 million, equating to roughly 5000 ETH at an entry price of $3,001.81. The instrument lists a liquidation price near $5,056, according to Hyperinsight‘s data. This short setup underscores risk management considerations for market participants, given the tight margin between entry and liquidation in a volatile market. Investors should note that the data stem from monitoring firms and reflect specific exchange trades. Readers tracking Ethereum price action and whale activity can use these figures as input for market sentiment analysis, while avoiding extrapolation beyond the reported parameters. Source: https://en.coinotag.com/breakingnews/eth-insider-whale-1011-opens-5x-short-position-worth-15m-with-entry-at-3001-81-and-liquidation-at-5056The post ETH Insider Whale 1011 Opens 5x Short Position Worth $15M with Entry at $3,001.81 and Liquidation at $5,056 appeared on BitcoinEthereumNews.com. COINOTAG News, citing Hyperinsight monitoring, reports that the ‘1011 Insider Whale’ has opened a new 5x ETH short position as of November 29. The move signals ongoing appetite for leveraged downside bets among large crypto traders. Notional exposure stands at about $15 million, equating to roughly 5000 ETH at an entry price of $3,001.81. The instrument lists a liquidation price near $5,056, according to Hyperinsight‘s data. This short setup underscores risk management considerations for market participants, given the tight margin between entry and liquidation in a volatile market. Investors should note that the data stem from monitoring firms and reflect specific exchange trades. Readers tracking Ethereum price action and whale activity can use these figures as input for market sentiment analysis, while avoiding extrapolation beyond the reported parameters. Source: https://en.coinotag.com/breakingnews/eth-insider-whale-1011-opens-5x-short-position-worth-15m-with-entry-at-3001-81-and-liquidation-at-5056

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more