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Andrew Tate Shorts Kanye West’s YZY, Nears $700K Loss On Hyperliquid

Former kickboxing champion and controversial influencer Andrew Tate is among the latest celebrities to dive into Kanye West’s newly launched YZY token, but his bets are already deep in the red. A wallet address linked to Tate opened a 3x leveraged short position on the recently launched, West-linked YZY token at $0.85 and was sitting […]

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Bitcoin, Ether Target Late Shorts Amid Crypto Price Rebound

Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Crypto traders could be de-risking ahead of the US Federal Reserve’s Jackson Hole symposium. Bitcoin (BTC) returned to $116,000 after Monday’s […]