According to @QCompounding, John Malone’s analysis at Bell Labs concluded AT&T should use more debt and repurchase shares, but the board rejected the idea, highlighting execution risk even when the math supports leverage and buybacks, source: @QCompounding. For traders, open‑market repurchase announcements are associated with positive abnormal returns—especially in undervalued firms—supporting long setups around credible buyback signals, source: Ikenberry, Lakonishok, and Vermaelen 1995; Peyer and Vermaelen 2009. In crypto, token buyback/burn mechanisms such as BNB’s Auto‑Burn represent analogous supply reductions that can inform event‑driven positioning, source: Binance 2021 BNB Auto‑Burn announcement.

According to @Flavio_leMec, a user reports being liquidated for the third time this week on HyperliquidX, highlighting acute liquidation risk when trading leveraged crypto perpetual futures, source: @Flavio_leMec on X, Dec 19, 2025. Hyperliquid operates as a decentralized perpetual futures exchange where positions are liquidated once the margin ratio falls below the exchange’s maintenance requirement, making liquidation price tracking and margin buffers critical, source: Hyperliquid documentation. Industry education recommends reducing leverage, sizing positions smaller, using isolated margin, and deploying stop-loss orders to lower liquidation probability on perps, source: Binance Academy futures risk management. Monitoring funding rates and realized volatility helps estimate liquidation distance and potential margin drawdown during rapid moves, source: Binance Academy guide to funding rates and futures risk.

According to @lookonchain, wallet 0x94d3 sold 255 BTC worth approximately $21.77M at an average price of $85,378 within the past 7 hours, based on @lookonchain’s post and on-chain data from the Hypurrscan address 0x94d3. According to @lookonchain and corroborated by Hypurrscan, the same address then opened 10x leveraged shorts on 876.27 BTC with about $76.3M notional exposure and 372.78 ETH with about $1.1M notional exposure. According to @lookonchain’s reported notionals, each 1% move in BTC equates to roughly a $0.763M PnL swing on the BTC short, and each 1% move in ETH equates to roughly a $0.011M PnL swing on the ETH short, calculated from the figures shared by @lookonchain. According to @lookonchain and the referenced Hypurrscan data, these transactions anchor reference levels near BTC $85,378 and ETH near the implied ~$2,950 area that traders may use to assess positioning risk.

According to @OnchainLens, trader Machi (@machibigbrother) opened a new HYPE long position with 10x leverage, source: Onchain Lens. The account also reports he increased his ETH long to 25x with an approximate notional value of $26 million, source: Onchain Lens. @OnchainLens adds that his aggregate PnL shows more than $21 million in losses at the time of the report, source: Onchain Lens. Reference data link: hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872, source: Onchain Lens; hyperbot.network.

According to @BitMEXResearch, a new long read by @izakaminska at The Blind Spot recounts how crypto's hottest derivative came to be and is recommended for traders to review, highlighting its market significance. source: BitMEX Research on X Dec 11 2025; The Blind Spot by Izabella Kaminska the-blindspot.com For trading context, the product in focus is the BTC perpetual swap, a no-expiry futures contract pioneered by BitMEX in 2016 that introduced funding rate payments to keep the contract aligned with spot prices. source: BitMEX Blog The Perpetual Contract 2016 blog.bitmex.com; BitMEX Docs Perpetual Contracts bitmex.com Actionable signal 1: sustained positive funding typically reflects crowded longs and potential mean-reversion risk, while negative funding signals short crowding; monitoring funding and open interest can help time entries and hedges in BTC perps. source: BitMEX Docs Funding Rate bitmex.com; Binance Futures Education funding rate guide binance.com Actionable signal 2: high available leverage in perps has historically amplified liquidation cascades, so traders should track liquidation metrics, insurance fund levels, and auto-deleveraging indicators during volatility. source: BitMEX Docs Leverage and Liquidation bitmex.com; BitMEX Insurance Fund resources bitmex.com

According to @glassnode, off-chain crypto market signals were mixed this week, with spot and ETF indicators improving. According to @glassnode, futures and options weakened as leverage and hedging demand declined. According to @glassnode, strength currently sits in spot and ETF, while derivatives continue to soften.

According to @bubblemaps, a tracked ETH long position expanded to $120M with $20M margin left, based on their X post on Dec 7, 2025, source: Bubblemaps on X. According to @bubblemaps, an earlier update the same day said the 'infamous BTC shorter' opened a $42M long on ETH, source: Bubblemaps on X. According to @bubblemaps, the posts did not disclose the exchange, entry price, or liquidation level, source: Bubblemaps on X.

According to @bubblemaps, Ethereum address 0xb317 has used $14 million of deposited funds and retains approximately $6 million of margin available, source: Bubblemaps on X, Dec 7, 2025, https://twitter.com/bubblemaps/status/1997711415029944592. @bubblemaps states the account could increase its ETH long position further given the remaining margin, source: Bubblemaps on X, Dec 7, 2025, https://twitter.com/bubblemaps/status/1997711415029944592.

According to @OnchainLens, the address labeled Bitcoin OG (10/11) deposited $10M USDC to HyperLiquid and opened a 5x leveraged ETH long position. Source: https://twitter.com/OnchainLens/status/1997693571185705015 The position size is 9,010.4 ETH with notional value of $26.8M, an entry price of $2,959.4, and a liquidation price of $1,888.2, as shown on the linked trader page. Source: https://twitter.com/OnchainLens/status/1997693571185705015 and https://hyperbot.network/trader/0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae The liquidation sits roughly 36.2% below the reported entry (derived from $2,959.4 vs $1,888.2), framing the risk buffer for a 5x long on HyperLiquid. Source: levels reported by @OnchainLens and trader page https://twitter.com/OnchainLens/status/1997693571185705015 and https://hyperbot.network/trader/0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae Traders may monitor ETH price reaction around the $2,959 entry and $1,888 liquidation levels to gauge squeeze or liquidation risk tied to this single large position on HyperLiquid. Source: levels per @OnchainLens and trader page https://twitter.com/OnchainLens/status/1997693571185705015 and https://hyperbot.network/trader/0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae

According to @BullTheoryio, Bitcoin jumped roughly $1,500 on lower-than-expected PCE data before reversing and falling $3,500 within 60 minutes, creating a sharp intraday whipsaw move (source: @BullTheoryio). The move reportedly liquidated about $155 million in long positions in the last hour, highlighting elevated leverage risk during macro data releases (source: @BullTheoryio). The post notes no fresh negative news or sudden FUD around the dump, cautioning traders against relying solely on headlines for positioning (source: @BullTheoryio). The account alleges recurrent price manipulation by a few entities targeting both leveraged longs and shorts, implying the need for tighter risk controls and reduced leverage in event-driven spikes (source: @BullTheoryio).

According to Watcher.Guru, $800 million worth of crypto long positions were liquidated in the past 24 hours. According to Binance Academy, a liquidation is the forced closure of a leveraged position when margin requirements are not met. According to Watcher.Guru, the reported total reflects significant deleveraging over the last day.

According to @ai_9684xtpa, an address labeled 1011 flash-crash short insider whale deposited about 170 million dollars in stablecoins to Binance over the past 7 hours. source: https://x.com/ai_9684xtpa/status/1995448380387164193 The same post states the wallet has collateralized 126,232.16 ETH and borrowed 160 million USDT, which can be verified on the linked Arkham address page. source: https://x.com/ai_9684xtpa/status/1995448380387164193, https://intel.arkm.com/explorer/address/0xF6FD12fbf8bBe0e08Ac739c3634CD1cB21acf5E9 Traders can monitor this Arkham address and any further Binance deposit or transfer updates from the post to track subsequent large flows around ETH. source: https://intel.arkm.com/explorer/address/0xF6FD12fbf8bBe0e08Ac739c3634CD1cB21acf5E9, https://x.com/ai_9684xtpa/status/1995448380387164193

According to @binance, crypto options provide leveraged exposure with the buyer’s maximum loss capped at the premium, enabling defined-risk directional and volatility trades. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Calls grant the right to buy at a strike by expiry and puts grant the right to sell, while option sellers face potentially substantial losses and must post margin, making clear risk management essential. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Pricing and risk are driven by implied volatility, time to expiration, and Greeks such as delta, gamma, theta, and vega, which traders can use to align expiries and strikes with their volatility views. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. Core strategies highlighted include long calls or puts for convex directional exposure, covered calls to generate income on spot holdings, protective puts to hedge downside, and straddles to trade volatility without choosing direction. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading. For crypto portfolios, these structures can hedge spot drawdowns, collect option premium, and define position risk during high-volatility events when executed with disciplined sizing. Source: Binance Academy - What is options trading - binance.com/en/academy/articles/what-is-options-trading.

According to dYdX Foundation on X on Nov 28, 2025, on-chain markets are hitting all-time highs driven by rising demand for transparency and self-custody. According to dYdX Foundation on X on Nov 28, 2025, major traditional finance institutions are beginning to integrate perpetual-style products. According to dYdX Foundation on X on Nov 28, 2025, this convergence signals a structural shift in market architecture that is reshaping how participants access leverage and liquidity.

According to @CoinMarketCap, Cork co-founder Phil Fogel says crypto perpetual futures have been on shaky ground since the Oct. 10 crash but remain a long-term fixture of the market. According to @CoinMarketCap, Fogel adds that perps will need stronger oversight and risk controls going forward, highlighting a shift toward tighter market discipline that traders should monitor.

According to Lookonchain, wallet stayawayfromridiculouslyprettygirls.eth opened a 3x long on 120.93 BTC valued at about $10.4M and 988.23 ETH valued at about $2.78M on Nov 21, 2025, source: Lookonchain on X. The combined position value is approximately $13.18M across BTC and ETH, source: Lookonchain on X. The activity is attributed to address 0x5638484ba2d2F1D1D35020572B0Aa439a9869192, viewable on Hypurrscan, source: Hypurrscan. This reflects leveraged bullish exposure in BTC and ETH from a single wallet, source: Lookonchain on X.

According to @Andre_Dragosch, he has applied for a loan to buy more Bitcoin (BTC), disclosing an intention to increase BTC exposure using borrowed funds. Source: @Andre_Dragosch on X, Nov 20, 2025. He added that the post is not financial advice and urged readers to DYOR, indicating the action reflects personal conviction rather than guidance. Source: @Andre_Dragosch on X, Nov 20, 2025. No details on loan size, terms, execution timing, or price levels were provided, so there is no actionable trade signal or target derived from the post. Source: @Andre_Dragosch on X, Nov 20, 2025. For trading relevance, the only verified takeaway is a stated plan to accumulate BTC via borrowing, with no stated market impact or outlook beyond that disclosure. Source: @Andre_Dragosch on X, Nov 20, 2025.

According to @EmberCN, a trader nicknamed Maji had 20% of an ETH long position, equal to 775 ETH, force-liquidated after adding funds to increase longs earlier today as ETH continued to fall. According to @EmberCN, the account has repeatedly followed a cycle of opening longs, getting liquidated, re-depositing funds to go long again, and being liquidated again in a persistent downtrend, underscoring ongoing pressure on leveraged ETH longs.

According to @BullTheoryio, over $1 billion in crypto positions were liquidated in the last 24 hours as Bitcoin (BTC) dropped below $90,000 for the first time in seven months (source: @BullTheoryio on X, Nov 18, 2025).

According to @EmberCN, an ETH perma-long trader was liquidated twice, with recent funding of about USD 3.437 million reduced to roughly USD 47,000 remaining, corroborated by the referenced Hyperbot trader page; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, after the first liquidation left about USD 220,000 in margin, the trader re-opened an ETH long at USD 3,052, saw an intraday rebound toward USD 3,200 without taking profit, and was then liquidated again when ETH fell below USD 3,000; source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, the sequence underscores elevated liquidation risk for leveraged ETH longs around the USD 3,000 area when profits are not secured during rebounds; source: @EmberCN on X; Hyperbot trader page.