As $213M Disappears Amid Crypto Turmoil, a Single Trader Scores $17M Profit

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As $213M Disappears Amid Crypto Turmoil, a Single Trader Scores $17M Profit

Bitget-RWA2025/10/27 02:04

By:Bitget-RWA

- Crypto markets faced $213M liquidations from short positions amid Trump's 100% China tariff-driven sell-off, while trader "0xc2a" secured $17M profits via Bitcoin/Ethereum longs. - Mutuum Finance (MUTM) launched a hybrid DeFi lending protocol, raising $17.8M and attracting 17,400 investors through automated P2C and customizable P2P models. - Stablecoin settlement volumes surged 70% to $10B in August 2025, driven by B2B transactions now accounting for two-thirds of corporate usage. - Crypto M&A hit $10B i

This week, the cryptocurrency market experienced significant turbulence, with $213 million in liquidations occurring across various platforms within just four hours—most of which stemmed from short trades, as detailed in a

Mutuum Finance press release

. Amid this instability, an experienced trader managed to profit from the downturn, earning $17 million through long positions in

Bitcoin

and

Ethereum

, according to

a Yahoo Finance report

. The trader, identified as "0xc2a," strategically entered the market before prices rebounded, taking advantage of the volatility triggered by former President Donald Trump’s announcement of a 100% tariff on Chinese goods, as covered in

a BeInCrypto article

. This policy move led to a global sell-off, causing Bitcoin to drop to its lowest point in three months before quickly recovering.

Stablecoins are also gaining momentum, with transaction volumes hitting $10 billion in August 2025—a 70% increase since February, based on data from

a BeInCrypto analysis

. Businesses now make up about two-thirds of all stablecoin transactions, largely due to a surge in business-to-business (B2B) payments, which have more than doubled since February, the analysis reveals. This trend demonstrates the deepening role of digital currencies in everyday business, as companies use on-chain liquidity for immediate settlements and to generate returns through DeFi platforms.

The growing institutional presence in the sector is further highlighted by a record $10 billion in crypto mergers and acquisitions (M&A) during Q3 2025, according to

a BeInCrypto report

. The increase was driven by reverse mergers and favorable U.S. regulations for crypto, with digital asset treasury transactions making up 37% of the total deal value, the report notes. Experts interpret this as evidence of a maturing industry, where disciplined capital raising and regulatory compliance are helping crypto businesses connect traditional finance with digital asset offerings.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- Zelle plans to expand international remittances using stablecoins, leveraging its $1T domestic transaction network and 150M users. - Backed by JPMorgan, Bank of America, and Wells Fargo, the move targets speed, cost, and compliance challenges in cross-border payments. - The initiative aligns with U.S. regulatory clarity post-GENIUS Act, positioning stablecoins as a bridge between traditional finance and blockchain. - Challenges include AML/KYC compliance and competition from PayPal, crypto-native stablec

Bitget-RWA•2025/10/27 08:28

Zelle Adopts Stablecoins to Address Challenges in Cross-Border Payments

Hyperliquid News Today: DEXs Break $1 Trillion Milestone, Fueling the Rise of Virtuals

- Virtuals Protocol (VIRTUAL) surged in October 2025 amid DeFi growth and rising on-chain derivatives demand, as decentralized perpetual exchanges (DEXs) hit $1T+ monthly trading volume. - Hyperliquid led the rally with $317B traded, while rivals like Aster and Astros expanded DEX infrastructure, pushing DEXs to 26% of crypto-derivatives market share. - Despite security risks (e.g., Bunni DEX’s $8.4M exploit), DeFi resilience persists, with tokens like Pump.fun (PUMP) and Jupiter’s JUP seeing TVL gains and

Bitget-RWA•2025/10/27 08:28

Hyperliquid News Today: DEXs Break $1 Trillion Milestone, Fueling the Rise of Virtuals

Bitcoin Updates: Major Whale Makes Bold Long Position Despite Market Uncertainty After Liquidations

- Whale 0x960 opened $37M BTC/ETH long positions with 15x leverage, risking liquidation at $3,705 (BTC) and $10,500 (ETH). - BTC ETFs gained $90.6M inflows while ETH ETFs lost $93.6M, reflecting diverging investor sentiment amid $111K BTC and $3,932 ETH prices. - Recent $19B crypto liquidation event highlighted market vulnerability to whale-driven shorting, with 79% of traders expecting prolonged US government shutdown. - Divergent whale strategies show $8.09M gains vs. $5.52M losses, while BTC crossing $1

Bitget-RWA•2025/10/27 08:14

Bitcoin Updates: Major Whale Makes Bold Long Position Despite Market Uncertainty After Liquidations

Bitcoin Updates: BTC Whale's Bold Short Position—$1 Million at Stake as Collateral, Facing Potential $4 Million Loss

- The "100% Win Rate Whale" added $1M in USDC to its BTC short, raising the liquidation price to $118,409 amid a $4.07M unrealized loss. - A separate whale (0x960) opened $37M in BTC/ETH long positions, highlighting market divergence as others bet on recovery. - Analysts note Trump's trade policies and macro factors will drive BTC's next move, with the $118,409 level critical for the whale's position.

Bitget-RWA•2025/10/27 08:14