News
23 May 2026, 09:53
Smart money moves $431 million into ETH despite ETF outflows

🚨 $431 million in ETF outflows clashes with strong $ETH purchases by big wallets. Major holders bought more ETH over nine of the past twelve weeks. Continue Reading: Smart money moves $431 million into ETH despite ETF outflows The post Smart money moves $431 million into ETH despite ETF outflows appeared first on COINTURK NEWS .
23 May 2026, 09:40
Crypto Whale Jeffrey Huang Loses Nearly $33M After ETH Long Position Liquidated

BitcoinWorld Crypto Whale Jeffrey Huang Loses Nearly $33M After ETH Long Position Liquidated Jeffrey Huang, a prominent Taiwanese celebrity and well-known cryptocurrency whale, has suffered a significant financial setback after losing approximately $33 million on his Ethereum (ETH) futures investments. The losses stem from a highly leveraged long position that was partially forcibly liquidated as market conditions turned against him. Details of the Liquidation According to on-chain data and public reports, Huang had opened a 25x leveraged long position on ETH, betting on a price increase. However, as Ethereum’s price declined, the position faced mounting pressure. Huang closed most of the position voluntarily, but a portion was forcibly liquidated by the exchange, locking in substantial losses. His remaining Ethereum balance now stands at around 1,700 ETH, a fraction of his earlier holdings. Background and Market Context Jeffrey Huang, also known in crypto circles as ‘Machi Big Brother,’ has been a high-profile figure in the digital asset space for years. He is known for his large-scale trades and public persona, often sharing his market moves on social media. This latest loss adds to a history of volatile trading outcomes for the celebrity investor. The broader cryptocurrency market has experienced heightened volatility in recent weeks, with Ethereum facing selling pressure amid macroeconomic uncertainty and shifting investor sentiment. Implications for Retail Traders Huang’s case serves as a stark reminder of the risks associated with high-leverage trading. While leveraged positions can amplify gains, they equally magnify losses, and forced liquidations can wipe out entire portfolios in minutes. Financial advisors and industry experts frequently warn retail traders against using excessive leverage, especially in volatile markets like cryptocurrencies. The incident underscores the importance of risk management and position sizing. Conclusion The nearly $33 million loss by Jeffrey Huang highlights the dangers of aggressive leveraged trading in the crypto market. As the industry matures, high-profile liquidations continue to serve as cautionary tales for both institutional and retail participants. Huang’s remaining ETH holdings suggest he is not exiting the market entirely, but the event has drawn renewed attention to the perils of over-leveraging. FAQs Q1: What is a leveraged long position in cryptocurrency trading? A leveraged long position allows a trader to borrow funds to increase their exposure to an asset, betting that its price will rise. While it can boost profits, it also amplifies losses, and if the price moves against the position, the exchange may forcibly liquidate it. Q2: How much did Jeffrey Huang lose exactly? Jeffrey Huang lost approximately $33 million on his ETH futures investments. The loss resulted from closing most of his 25x leveraged long position, with a portion being forcibly liquidated. Q3: What is Jeffrey Huang’s current Ethereum balance? After the liquidation, Huang’s remaining Ethereum balance is around 1,700 ETH, significantly reduced from his earlier holdings. This post Crypto Whale Jeffrey Huang Loses Nearly $33M After ETH Long Position Liquidated first appeared on BitcoinWorld .
23 May 2026, 09:26
Bitcoin drops to $74.5k, set for weekly loss amid geopolitical uncertainty

23 May 2026, 09:25
Bitcoin Price Prediction: Bitcoin Faces $75K Trap as Bulls Need $78,100 Breakout

Bitcoin is moving toward a key support test as charts point to a possible liquidity sweep near $75K. A rebound still depends on whether BTC can defend the $74,400 to $74,900 zone and break above $78,100. Bitcoin Price Eyes $75K Sweep Before Overhead Test Bitcoin traded near the $77,000 to $78,000 area as the 1 month liquidation heatmap showed a major liquidity pocket around $75,000. The chart, shared by SuperBro on X, suggests BTC may first move lower to clear liquidity near $75K before attempting a move toward larger overhead liquidity later in the month. BTC 1 Month Liquidation Heatmap. Source: SuperBro on X The $75K area stands out because the heatmap shows a stronger cluster below the current price. These zones often become short term targets when leveraged positions build around clear support levels. Bitcoin has already pulled back from its mid May range near $82,000. The latest move keeps BTC close to the lower liquidity pocket, which makes the $75K area the first key level on the chart. If Bitcoin sweeps that level and rebounds, the next focus shifts to the larger liquidation clusters above the current price. The chart shows stronger overhead liquidity around the $82,000 to $85,000 zone. However, the setup still depends on how BTC reacts near $75K. A quick sweep and recovery would keep the upside liquidity path active. A clean break below that level would weaken the near term structure and put lower support areas back in focus. Bitcoin Nears Key Support as $78,100 Recovery Level Stands Out Bitcoin is approaching the $74,400 to $74,900 support zone, according to the short term chart shared by MCO Global DE on X. The chart shows BTC moving lower after failing to hold above the previous recovery area. The decline has brought price action close to the red support zone, which now becomes the first major level to watch. BTC Short Term Support Chart. Source: MCO Global DE on X If Bitcoin holds the $74,400 to $74,900 area, buyers could attempt a short term rebound. However, the chart shows that a recovery signal would need a move above $78,100. That level matters because it marks the nearest invalidation point for the current downside structure. A break above it would show that selling pressure is weakening. If BTC loses the support zone, the chart points to a deeper move toward the lower projected areas marked on the setup. That would keep the short term trend under pressure. For now, the setup remains simple. Bitcoin needs to defend $74,400 to $74,900 first. Then, it needs to clear $78,100 to show a stronger recovery attempt.
23 May 2026, 09:18
Bitcoin Price Falls Below $75K as Iran Refuses Uranium Handover, Stalls Peace Talks

Bitcoin price has fallen below $75,000 as traders reacted to renewed uncertainty around the U.S.-Iran peace talks and weaker demand in the crypto market. At press time, BTC was trading near $75,881, down 2.16% over 24 hours, after losing a support level that analysts had been watching through the latest pullback. The decline came after Iran’s Foreign Ministry rejected claims that a broad nuclear understanding had been reached with the United States. Iranian officials said differences with Washington remain deep and that any agreement is not possible if the U.S. insists on Iran handing over highly enriched uranium. The comments reduced expectations for a near-term diplomatic settlement. Consequently, Polymarket data has shown traders assigning a 10% chance that a nuclear deal would be reached by the end of the month. Iran Talks Add Pressure to Risk Assets Negotiations between the U.S. and Iran have continued through mediated channels, with Pakistan reportedly involved in efforts to keep a fragile ceasefire from breaking down. The talks remain focused on Iran’s nuclear stockpile, control of the Strait of Hormuz, and Tehran’s regional proxy networks. U.S. officials have demanded that Iran hand over or dismantle its highly enriched uranium stockpile. Iran has rejected any transfer of uranium to the U.S., according to state media. That issue remains one of the main obstacles in the negotiations. The Strait of Hormuz remains another point of tension. Iran has sought greater control over the key shipping route, while U.S. officials have rejected any toll system for commercial vessels. US Senator Roger Wicker has urged stronger U.S. military action, saying the administration should reopen the Strait and finish the destruction of Iran’s conventional military capabilities. His comments added to market attention around the risk of renewed escalation. Bitcoin Price Breaks Below Key $75,000 Level Bitcoin’s drop below $75,000 activated a bearish technical trigger watched by traders. The level had served as a near-term support zone after BTC failed to sustain a move above the $80,000 to $82,000 resistance area. According to crypto analyst Titan of Crypto, the rejection near the $80,000 to $82,000 fair value gap has become more important after the latest decline. Bitcoin moved into that supply area, failed to continue higher, and then slipped below support. Analysts said the pattern resembles a previous structure in which BTC broke higher, failed near resistance, and moved back into a lower range. Source: X The next key test is whether Bitcoin can reclaim $75,000 quickly. A recovery above that level could reduce downside pressure. If BTC remains below it, the former support zone may act as resistance. The lower boundary of the current ascending channel sits near $70,000 to $72,000. That area is now being watched as the next downside target if sellers remain in control. Bitcoin On-Chain Data Shows Weak Demand On-chain indicators also point to weaker Bitcoin demand. Binance’s Bitcoin Fund Flow Ratio has returned to the 0.010 to 0.012 zone for the sixth time since 2018. The metric compares BTC flows on an exchange with total Bitcoin network transfer activity. Low readings indicate that exchange-driven activity accounts for a smaller share of total network movement. In earlier cycles, similar readings appeared near market transition points, including early 2019 and before Bitcoin’s 2020 bull market expansion. Despite this, bearish momentum has the upper hand, with CryptoQuant analysis showing speculative perpetual futures demand reversed after Bitcoin moved above $80,000. Spot demand also contracted, while U.S. spot Bitcoin ETFs turned net sellers weekly. Source: CryptoQuant In addition, the Coinbase Bitcoin Price Premium has stayed negative, suggesting that U.S. investor demand has not returned at scale. Historically, sustained BTC rallies have often coincided with a positive Coinbase premium. The CryptoQuant Bull Score Index has also fallen to 20, a level described as extreme bearish territory. Similar readings appeared in February and March 2026, when Bitcoin traded between $60,000 and $66,000. Consequently, if the correction continues, analysts are watching $70,000 as a key on-chain support area. A reclaim of $75,000 remains the nearest level needed to stabilize short-term Bitcoin price action.
23 May 2026, 09:05
SEC approves Nasdaq to list Bitcoin index options on the exchange

The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin.








































