The notorious “50x ETH” whale, who previously cost Hyperliquid $4M, is back in action—this time going all-in on Chainlink (LINK). Within the last 45 minutes, the trader deposited 2.875M USDC into Hyperliquid to open a LINK long position with 10x leverage.
Since February 7, this high-risk trader has pocketed $16.4M by flipping leveraged positions on ETH, BTC, HYPE, and YGG. Now, all eyes are on whether this LINK bet will deliver another payday or end in liquidation. However, his past trades have not only brought him massive profits but also raised concerns about the risks of extreme leverage on decentralized trading platforms.
On March 14, the whale opened long positions on LINK worth approximately $31 million using 10x leverage on Hyperliquid and GMX, two major perpetual trading platforms. On top of that, he accumulated around $12 million in spot LINK. However, on-chain data shows that he has been gradually selling portions of his LINK holdings back into stablecoins, possibly securing profits or adjusting his exposure.
The ETH Trade That Shook Hyperliquid
This comes just days after his massive $200 million ETH long position on March 12, which led to millions in losses for Hyperliquid’s liquidity providers. The trade resulted in a $4 million deficit for the platform’s liquidity pool but landed the trader $1.8 million in profits. Over the past month, his total earnings from Hyperliquid alone have soared to $17 million, according to Web3 analytics firm Lookonchain.
The incident highlighted the risks of leveraged trading, where traders can control huge positions with little capital. While some thought the whale exploited a loophole, Hyperliquid confirmed it was all within the rules—just an extreme case they hadn’t accounted for. To prevent future disruptions, the platform tightened its collateral requirements on March 13.
Hyperliquid’s Growing Dominance
Controversy aside, Hyperliquid continues to dominate decentralized derivatives trading. Since launching in 2024, it has taken 70% of the market, outpacing GMX and dYdX, as noted by VanEck. Adding to its momentum, the platform recently hit a major milestone of $1 trillion in lifetime trading volume, solidifying its spot among the top decentralized exchanges.
What’s Next for Chainlink?
Chainlink’s price has been all over the place. It shot up by over 150% after Trump won the election but has since dropped from nearly $30 in December to under $14 now. But with big traders like the ETH 50x whale jumping in, many are wondering if LINK is about to make another big move. Right now, it has a market value of $8.7 billion and is still an important player in the DeFi world.
The US Securities and Exchange Commission (SEC) is set to decide on the proposed spot Litecoin (LTC) exchange-traded fund (ETF) by Canary Capital on May 5.
Meanwhile, market watchers have grown increasingly optimistic. Approval odds have surged to their highest point on Polymarket since mid-March.
However, the SEC opted to extend this period by 45 days, designating May 5 as the new 90-day deadline.
“Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 6 designates May 5, 2025, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-NASDAQ-2025-005),” the statement read.
Similarly, Grayscale’s application to convert its Polkadot (DOT) Trust into an ETF was also delayed. The new decision deadline is June 11.
However, the SEC’s decision not to delay the Litecoin ETF beyond the 90-day deadline has drawn significant attention from the community. Bloomberg’s ETF analyst James Seyffart highlighted this in a recent post on X (formerly Twitter).
“SEC went early and delayed a bunch of filings but not this,” Seyffart wrote.
On the prediction platform Polymarket, approval odds surged to 79%, the highest since mid-March. Additionally, the odds for approval by July saw a boost, rising to 49%.
Litecoin ETF Approval Odds in 2025. Source: Polymarket
A decision in favor of the ETF could pave the way for broader adoption of Litecoin, often regarded as a lighter, faster alternative to Bitcoin. Conversely, disapproval or further delay could signal continued regulatory hesitation in the crypto space. As the clock ticks, all eyes remain on the SEC’s next move.
The XRP price rally has created fresh momentum in the crypto market, as Bitcoin moves above $94,000. The price increased to $2.18, with a 6% weekly rise. This recent development pushed its market cap to $132 billion. With a circulating supply of 58.39 billion coins, XRP’s liquidity remains strong. The token’s volume also increased to $5.49 billion within the same period, a 124% growth that shows real demand.
The price has recovered from key support levels and is now testing resistance around $2.20. If bulls break through this zone, analysts anticipate a push toward $2.30 or/”:> even $2.45. Technical indicators such as the MACD and Ichimoku Cloud are also showing bullish signals. Meanwhile, XRP’s network activity is heating up, with the number of daily active addresses increasing by 67%.
Source: XRP Scan
Bullish XRP price outlook for 2025 and beyond
As reported by ABC Money, predictions for 2025 suggest that the XRP Price may average $3.14, with highs reaching $3.77 if adoption increases. In a more bullish scenario, where Ripple’s cross-border payment technology gets more adoption, XRP could climb toward the $5 mark by mid-2025. Some long-term projections even place XRP between $12.84 and $25.68.
According to a crypto analyst on X, the XRP Price could start from $3 before moving to 5. Subsequently, investors could see the price jump from $10 to 20. The long-term predictions of this analyst are that the XRP Price could move to $1,000 in the future.
As capital flows into crypto assets increase, a new question emerges: what are the best cryptos to buy now as XRP ignites the next leg of the bull run? While the XRP Price captures headlines, beneath the surface, a select group of altcoins could become the next evolution in crypto infrastructure.
What is the best crypto to buy?
With XRP leading a new bullish momentum, investors are asking, What is the best crypto to buy right now? From established giants to new projects, the crypto market is more exciting and competitive than ever.
Bitcoin Pepe: Solana speed, Bitcoin security, meme energy
Bitcoin Pepe is one of the most talked-about new Layer 2s on the market. It was created as the first-ever meme-focused Layer 2 on Bitcoin; Bitcoin Pepe is bringing Solana-style throughput and UX to the world’s most secure blockchain. The mission? Turn Bitcoin into the definitive home for meme coin trading.
It is more than narrative hype. It brings Solana to Bitcoin, combining high-speed trading with maximum security. Bitcoin Pepe comes with the PEP-20 Token Standard, a native tokenization built for meme trading.
Bitcoin Pepe’s presale structure, split across 30 stages with 5% price bumps, rewards buyers and has already raised $6.9m. With BPEP tokens currently available for just $0.031, investors are getting ahead of the creation of a meme coin on the Bitcoin Network. Bitcoin Pepe is currently in stage 9 of its presale, and there are only around 785,000,000 tokens left before it ends.
CartelFi: Moonshots with compound yield
CartelFi could be the best crypto to buy. It is solving one of the most obvious pain points in crypto. Meme coins can be 10x, 100x, but they can’t yield until now.
CartelFi bridges memes and DeFi, offering a first-of-its-kind protocol that generates yield from meme coins without limiting their upside potential. No more choosing between degenerate gains and DeFi safety.
Users get specialized meme liquidity pools that maintain full price exposure while delivering Colombian-grade APYs through LP mechanics. Additionally, there are automatic buybacks and burns funded by up to 100% of platform fees.
By transforming idle meme capital into productive assets, CartelFi unlocks billions in dormant value and changes the utility of memecoins.
Still available at $0.037, CARTFI tokens are a direct play on crypto’s most viral sector, finally gaining serious DeFi mechanics. More than $1.1m has been raised from this presale, and there are 2 days left before the price goes up.
PepeX: Turning wallets into VCs
In an industry where VCs have long dominated the upside, PepeX democratizes access to capital. It’s a one-click platform that allows anyone to instantly tokenize an idea and grow it with built-in AI tools.
It enables permissionless tokenization, with the AKIRA AI Growth Engine managing marketing and scale. PepeX also has fair launch tokenomics, allocating 5% to founders and 95% to the community.
What they are building allows the world to become investable. A farmer in Kenya or a coder in Argentina can now raise capital for both real-world and digital projects, and investors globally can access these opportunities before the hype sets in.
Branded the “NASDAQ 2.0”, PepeX’s PEPX token is still available for just $0.0243 in presale, making it one of the best crypto buys now. It has already raised $1.5m in the presale.
Why these altcoins could outperform XRP and BTC
While the XRP price rally sets a bullish tone, altcoins like Bitcoin Pepe, CartelFi, and PepeX could deliver better returns.
Each one is tied to a foundational shift in crypto. Bitcoin Pepe is building the infrastructure for meme capital to thrive directly on the Bitcoin network. CartelFi transforms meme coins into productive assets by combining viral potential with DeFi-grade yields. Finally, PepeX brings together AI-driven growth with instant, permissionless tokenization.
As capital continues to shift from Bitcoin and XRP into high-upside altcoins, these tokens offer a rare combination of utility, timing, and meme virality.
The post Best Crypto to Buy Now as XRP Price Rallies appeared first on Coinpedia Fintech News
The XRP price rally has created fresh momentum in the crypto market, as Bitcoin moves above $94,000. The price increased to $2.18, with a 6% weekly rise. This recent development pushed its market cap to $132 billion. With a circulating supply of 58.39 billion coins, XRP’s liquidity remains strong. The token’s volume also increased to …
This Ethereum price forecast is a top-down analysis to determine key ETH levels ahead of President Donald Trump’s first Crypto Summit in the US. Let’s take a look at the Ethereum’s Time Price Opportunity (TPO) chart to determine two key levels where ETH could gravitate ahead of the first US Crypto Summit today.
In Thursday’s late New York trading session, Trump signed an executive order to establish a Strategic Bitcoin Reserve and National Digital Asset Stockpile. Bitcoin (BTC) briefly hit $90K before this announcement but BTC price crashed as Trump signed the executive order. This caused the ETH price to drop down to $2,000. What’s next for Ethereum?
Ethereum Price Today: When Will ETH Chop End?
Ethereum (ETH) price is down 1.40% today and currently trades at $2.173, continuing yesterday’s 1.75% drop. The last five days for ETH have been extremely choppy, with prices rallying as much as 13% in a day and then dropping 15% the next day.
Choppy market conditions are when the price fails to establish a trend and consolidates with above-average volatility.
Ethereum Price Forecast: ETH TPO Chart Shows 2 Key Levels to Watch Ahead of Crypto Summit
According to TradingView, the Time Price Opportunity (TPO) is a “Market Profile” and is used to “analyze market activity by price level as it develops over time.” A TPO chart provides a different perspective on “market dynamics and the distribution of prices by visualizing the blocks of time spent at each of the profile’s price levels and the sequence of level traversals within the profile’s period.”
Ethereum’s TPO chart shows two naked Points of control (nPOC) at $2,292 and $2,087. A POC is where the price spent the most time, and a naked POC shows that this level is untested after the day ended. Tagging this level leads to a strong reaction and can serve as support and resistance levels.
Therefore, the $2,292 and $2,087 are two Ethereum price levels that investors need to keep an eye on ahead of the Crypto Summit today.
ETH TPO Chart
ETH Top-Down Analysis
The Ethereum price chart with multiple time frame data lets us get a bird’s-eye view of what investors can expect next from ETH. The first three charts from the top left are the 1-month, 1-week and TPO charts. Following this are the 1-day and 4-hour charts.
The monthly & weekly Ethereum price charts show three key levels.
The monthly bearish imbalance, aka Fair Value Gap (FVG), at $2,551.
A key support level at $2,084, a breakdown of which could lead to a bearish development that could push ETH price down to $1,000.
The key resistance level at $2,857, a breakout above this barrier will potentially lead to a retest of $4,000 or new highs.
The TPO and daily chart further highlight the aforementioned nPOCs. The $2,292 and $2,349, serve as key short-term resistance levels. The nPOC at $2,087 serve as a stable support level.
Finally, the four-hour chart clearly shows Ethereum price holding the $2,086 support level, which is key to establishing the next trend. If the Crypto Summit announces more positive developments surrounding the cryptocurrency ecosystem, ETH price could bounce from $2,086 and tag $2,808, which closely coincides with the HTF levels noted on the monthly and weekly timeframe.
Ethereum Price Top-Down Analysis
Conclusion
Ethereum price is experiencing volatility ahead of the White House Crypto Summit, with key levels to watch at $2,292 and $2,087. A bullish Ethereum price forecast driven by an announcement at the summit could propel the ETH price higher to $3,000, while a lack of clarity might trigger a retreat below $2,000.
