Invest ideasNews
11 May 2026, 08:21
Ethereum Price Prediction: Bulls See Strongest Signal Since October
Ethereum moved back above a key weekly moving average for the first time since October 2025, putting its recovery setup back in focus. At the same time, the monthly chart shows ETH still holding inside a long term rising channel, keeping the wider upside structure active. Ethereum Weekly Close Above Moving Average Puts ETH Recovery Back in Focus Ethereum closed the week near $2,327, moving slightly above the blue moving average line on the weekly Coinbase chart. Sky said this was the first weekly close above the 20-day moving average since October 2025. Ethereum Weekly Close Above Moving Average. Source: Sky on X The chart shows ETH recovering from its February and March lows near the $1,750 to $1,950 area. Since then, price has formed a steady rebound and returned to the $2,300 zone. This close matters because moving averages often act as trend filters. When price closes above a key average, traders may read it as a sign that momentum is improving. However, ETH still trades below the higher red moving average near $3,154, which remains a major resistance area. Sky compared the move with the previous breakout in October 2025, when ETH later climbed from around $2,400 to $5,000. That comparison adds attention to the current setup, but ETH still needs stronger follow-through to confirm a larger trend shift. For now, the $2,300 to $2,350 area is the key short-term zone. If ETH holds above it, the next upside focus may shift toward the $2,550 and $2,850 levels. However, a drop back below the moving average could weaken the recovery and return focus to the $2,150 support area. Ethereum Long Term Channel Keeps ETH Upside Structure in Focus Ethereum traded near $2,332 on the monthly Bitstamp chart, while price continued to hold inside a large rising channel that stretches from the 2016 lows toward the projected 2031 area. The chart from The Great Mattsby shows ETH moving “up and to the right” inside the long term structure. The lower trendline has acted as the main support line across several cycles, while the upper trendline marks the wider upside boundary. Ethereum Long Term Rising Channel. Source: The Great Mattsby on X ETH is now near the lower half of the channel after years of sideways movement between roughly $1,500 and $4,800. That means price has not broken the long term structure, even though it remains far below its previous high. The green path on the chart shows a possible continuation move toward higher levels in 2026, 2027, and later years. However, this is a projected path, not confirmed price action. For now, the main level to watch is the lower channel support. As long as ETH holds above that rising line, the long term bullish structure remains active. A break below it would weaken the setup and challenge the broader upside view.
11 May 2026, 07:30
Binance to Delist LSK/USDC and Four Other Margin Pairs on May 15
BitcoinWorld Binance to Delist LSK/USDC and Four Other Margin Pairs on May 15 Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will remove five cross margin trading pairs and two isolated margin pairs from its platform effective May 15, 2025, at 6:00 a.m. UTC. The delistings include LSK/USDC, HEI/USDC, GMX/USDC, BIGTIME/USDC, and MAV/USDC for cross margin, along with HEI/USDC and BIGTIME/USDC for isolated margin. Why Exchanges Delist Margin Pairs Delistings of margin pairs are a routine part of exchange operations, typically driven by low trading volume, reduced liquidity, or risk management considerations. When a pair fails to maintain sufficient depth, it can increase the risk of price slippage and liquidation cascades for leveraged traders. Binance periodically reviews its offerings to maintain a healthy trading environment. The affected tokens — LSK (Lisk), HEI (Hei), GMX, BIGTIME, and MAV — span different sectors of the crypto ecosystem, from layer-1 blockchain infrastructure to gaming and decentralized derivatives. Their inclusion on the delisting list suggests that these pairs did not meet Binance’s internal thresholds for ongoing support. What This Means for Traders Users currently holding open positions in any of these margin pairs must close them before the delisting deadline. Binance has not indicated whether it will automatically close remaining positions after the cutoff, but standard practice on the exchange is to settle outstanding margin positions at the prevailing market rate upon delisting. Traders should also note that while the margin pairs are being removed, the underlying tokens may still be available for spot trading against other quote currencies, such as USDT or BTC. For example, LSK/USDT and GMX/USDT remain active on Binance’s spot market. Impact on Liquidity and Token Prices Delisting a margin pair can reduce the overall liquidity available for that token pair, potentially leading to wider spreads and higher transaction costs. In the past, similar announcements have triggered short-term price declines for the affected tokens as traders adjust their positions. However, the effect is often muted if the token maintains active spot pairs on the exchange. For projects like Lisk and GMX, which have established communities and broader exchange listings, the delisting of a single margin pair is unlikely to have a lasting impact. Smaller projects like HEI and MAV may face more pronounced liquidity challenges. Conclusion Binance’s decision to delist these seven margin pairs is a routine operational update that underscores the importance of liquidity management in leveraged trading. Traders with exposure to LSK/USDC, HEI/USDC, GMX/USDC, BIGTIME/USDC, or MAV/USDC should close positions before May 15 to avoid automatic settlement. While the move may temporarily affect liquidity for these pairs, the broader spot markets for the underlying tokens remain unaffected. FAQs Q1: What happens to my open margin positions after the delisting? Binance will likely settle any remaining open positions automatically at the market price on May 15 at 6:00 a.m. UTC. It is recommended to close positions manually before the deadline to avoid unfavorable settlement rates. Q2: Can I still trade the affected tokens on Binance after the delisting? Yes. The delisting only applies to specific margin pairs. For example, LSK/USDC is being removed, but LSK/USDT and other spot pairs may remain available for trading. Q3: Why does Binance delist certain margin pairs? Binance regularly reviews its margin offerings based on factors such as trading volume, liquidity, and risk assessment. Pairs that no longer meet these criteria are removed to maintain a stable and efficient trading environment. This post Binance to Delist LSK/USDC and Four Other Margin Pairs on May 15 first appeared on BitcoinWorld .
11 May 2026, 06:50
Garrett Jin Wallet Moves 577,000 ETH Worth $1.35B to Binance
A wallet linked to Garrett Jin moved 577,000 ETH worth $1.35 billion to Binance over several days. US spot Ether ETFs posted $103.51 million in net outflows on 07 May 2026.
11 May 2026, 06:10
BTC Perpetual Futures Long/Short Ratios Settle Near Parity Across Top Exchanges
BitcoinWorld BTC Perpetual Futures Long/Short Ratios Settle Near Parity Across Top Exchanges Bitcoin perpetual futures traders across the three largest crypto derivatives exchanges by open interest are showing a remarkably balanced market stance, with the 24-hour long/short ratio hovering near parity. As of the latest data, the overall ratio stands at 50.16% long positions against 49.84% short, signaling a market that is indecisive rather than leaning heavily bullish or bearish. Breakdown Across Major Exchanges Data from Binance, OKX, and Bybit — the top three platforms for BTC perpetual futures — reveals slight variations in trader positioning but no strong directional conviction. On Binance, the ratio is 50.51% long and 49.49% short. OKX shows a similar split at 50.29% long versus 49.71% short. Bybit reports the most pronounced lean, with 51.28% long and 48.72% short, though still within a narrow band. What This Means for Market Sentiment A long/short ratio near 50% suggests that speculative capital is not heavily positioned for a breakout in either direction. In futures markets, such equilibrium often precedes a period of consolidation or a sharp move once sentiment shifts. Traders often watch these ratios for signs of overcrowding — extreme readings above 70% or below 30% can signal a potential reversal. The current near-parity readings indicate a market waiting for a catalyst. Context and Implications for Traders The perpetual futures market is a key venue for leveraged Bitcoin speculation. Unlike traditional futures, perpetual contracts do not expire, making them a preferred tool for both hedging and directional bets. The current balance suggests that neither bulls nor bears have seized control. For short-term traders, this environment may favor range-bound strategies until a clearer trend emerges. For longer-term holders, the lack of extreme positioning could reduce the risk of a sudden liquidation cascade. Conclusion The near-even long/short split across Binance, OKX, and Bybit reflects a market in equilibrium. While individual exchange ratios show minor variations, the overall picture is one of caution. Traders should monitor for any divergence from this balance, as a decisive shift could signal the beginning of a new directional move in Bitcoin’s price. FAQs Q1: What does the BTC perpetual futures long/short ratio indicate? The ratio shows the percentage of open long positions versus short positions in Bitcoin perpetual futures. A ratio near 50% indicates a balanced market, while extremes can signal overconfidence in one direction. Q2: Why are Binance, OKX, and Bybit used as reference exchanges? These three platforms collectively represent the largest share of open interest in Bitcoin perpetual futures, making their combined data a reliable gauge of overall market sentiment. Q3: How often does this data update? Long/short ratios are typically calculated over a 24-hour rolling window and updated in real-time by most exchanges. The figures in this article reflect the most recent available snapshot. This post BTC Perpetual Futures Long/Short Ratios Settle Near Parity Across Top Exchanges first appeared on BitcoinWorld .
11 May 2026, 06:05
BIT (Formerly Matrixport) Moves $11.7 Million in Ethereum Off Binance Exchange
BitcoinWorld BIT (Formerly Matrixport) Moves $11.7 Million in Ethereum Off Binance Exchange Crypto financial services firm BIT, previously known as Matrixport, has withdrawn a significant amount of Ethereum from the Binance exchange. According to blockchain tracking service Lookonchain, an address linked to BIT moved 5,000 ETH, valued at approximately $11.67 million, off the platform. Large Exchange Outflow Signals Potential Long-Term Strategy Large withdrawals from cryptocurrency exchanges are often interpreted by market analysts as a bullish signal, indicating an intention to hold the assets in self-custody rather than trade them. This move by BIT suggests a strategic decision to secure its Ethereum holdings, possibly for long-term investment, staking, or integration into its broader financial product offerings. The transaction was recorded on-chain and quickly flagged by Lookonchain, a service that monitors whale movements and large wallet activities. Context and Background on BIT BIT, which rebranded from Matrixport in 2023, is a Singapore-based digital assets financial services platform. It offers a range of products including trading, lending, and asset management. The company has been a notable player in the institutional crypto space, and such a sizeable withdrawal from a major exchange like Binance reinforces its active balance sheet management. This is not an isolated event; BIT has a history of moving large sums between exchanges and cold storage wallets as part of its treasury operations. Market Implications and Reader Takeaway For the broader market, large exchange outflows reduce the available supply on trading platforms, which can contribute to upward price pressure if demand remains steady. While a single withdrawal does not dictate market direction, it adds to a growing trend of institutional investors moving assets off exchanges, a pattern observed throughout 2024 and continuing into 2025. This behavior reflects a preference for security and long-term holding over short-term trading in the current market environment. Conclusion The $11.7 million Ethereum withdrawal by BIT from Binance is a notable on-chain event that aligns with broader institutional trends toward self-custody and long-term asset holding. While the specific reasons behind the move have not been publicly detailed by BIT, the transaction provides valuable data for market participants tracking whale activity and exchange liquidity. FAQs Q1: What is BIT (formerly Matrixport)? BIT is a digital assets financial services platform based in Singapore, offering institutional-grade trading, lending, and asset management solutions. It rebranded from Matrixport in 2023. Q2: Why is a large ETH withdrawal from Binance significant? Large withdrawals from exchanges are often seen as a signal that the holder intends to keep the assets for the long term rather than trade them. This can reduce available supply on the exchange, potentially supporting the asset’s price. Q3: Who is Lookonchain? Lookonchain is a blockchain analytics and on-chain data tracking service that monitors and reports large cryptocurrency transactions, whale movements, and other significant on-chain activities in real time. This post BIT (Formerly Matrixport) Moves $11.7 Million in Ethereum Off Binance Exchange first appeared on BitcoinWorld .
11 May 2026, 04:30
Bitcoin wallet dormant since 2013 moves 500 BTC worth $40 million
A Bitcoin wallet that hadn’t been used for 12.5 years transferred 500 BTC last Sunday, May 10, amounting to around $40 million in crypto for the first time since November 2013. A #BitcoinOG (1KAA8G) moved 500 $BTC ($40.62M) out 4 hours ago after 12+ years of inactivity. This OG received the 500 $BTC 12 years ago, when $BTC was ~$914. He is now sitting on a profit of $40.17M — an 88x return. https://t.co/kN1yipYyIP pic.twitter.com/6PmdSigRp9 — Lookonchain (@lookonchain) May 10, 2026 The wallet was created on November 27, 2013. It moved its full balance at block height 948,822. Bitcoin traded at about $923 when the coins were received. The stash was worth about $461,500 at the time. With Bitcoin now trading between $80,500 and $82,458, its value has risen roughly 87-fold. The transfer was not isolated This transaction is a component of a larger pattern of dormant wallets becoming active again. On May 10, between blocks 948,694 and 948,822, wallets created between 2013 and 2017 transferred 859.13 BTC, equivalent to roughly $69.47 million in total. There were six transactions totaling 319.13 BTC from wallets that received funds way back in 2017. There were also four transactions totaling 10 BTC each carried out by wallets created in 2014. This suggests a larger trend of old Bitcoin stock coming alive in 2026. As Cryptopolitan reported in October, Bitcoin’s revived supply hit roughly $2.9 billion per day, the second-highest level ever, with the average age of spent coins rising from 26 days in early 2023 to about 100 days by October 2025. Bitcoin prices did not show signs of panic selling after the transfer became public. Also, Blockchain data has not yet shown the recent 500 BTC entering any known exchange deposit address. Why dormant wallet movements matter In January, Cryptopolitan reported that a 2010-era miner wallet moved 2,000 BTC, worth nearly $200 million, to Coinbase. In September 2025 , another wallet that had been dormant for 12 years moved 1,000 BTC, worth about $116 million, ahead of a Federal Reserve rate decision. A wallet linked to early Bitcoin investor Owen Gunden sold about 11,000 BTC across multiple transactions, The Block reported in March. The sales were worth more than $1 billion. For the May 10 wallet, the next transaction will be the most important one. If the coins stay in private wallets, then the transaction might only be about custody changes. However, should they go to an exchange, it might be interpreted by traders as potential selling pressure. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
