Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
As $213M Disappears Amid Crypto Turmoil, a Single Trader Scores $17M Profit

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

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

. 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

. 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.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Zcash's Soaring Privacy Features Ignite Debate Between Bulls and Bears as Value Reaches $332

- Zcash (ZEC) surged to $332.52, up 750% in three months with $4B market cap driven by privacy features and bullish forecasts. - Industry leaders Arthur Hayes ($10K price target) and Barry Silbert highlighted ZEC's undervaluation potential amid BlackRock ETF skepticism. - Market sentiment splits between technical analysts' 100-150% upside projections and FOMO-driven pump warnings from skeptics. - ZEC's 27.5% shielded supply and $303M futures open interest contrast with $600M liquidation risks from leverage

Bitget-RWA2025/10/27 05:02
Zcash's Soaring Privacy Features Ignite Debate Between Bulls and Bears as Value Reaches $332

Tech's rapid wave of innovation faces hurdles in privacy and building user trust

- E Tech Group's "Zero Defect" model achieves 30+ consecutive error-free data center projects through rigorous quality assurance, addressing AI/hyperscale infrastructure reliability demands. - Meta's AI-driven ad network targets $49.43B Q3 revenue by optimizing ad performance with machine learning, aiming to capture $1.17T global ad market share through improved ROI. - Microsoft faces privacy backlash over Gaming Copilot's default-on data collection, while Apple removes Tea app for content moderation failu

Bitget-RWA2025/10/27 05:02
Tech's rapid wave of innovation faces hurdles in privacy and building user trust

Bitcoin Latest Updates: Alpha Arena: DeepSeek’s Well-Balanced Leverage Approach Surpasses Competitors

- DeepSeek Chat V3.1 outperformed five AI models in Alpha Arena, generating 35% returns on a $10,000 crypto portfolio via balanced leverage and strict stop-loss rules. - Competitors like Qwen3 Max (-0.25% return) and Gemini 2.5 Pro ($6,650 loss) struggled with narrow strategies or poor market timing during the Oct 17-20 test. - The experiment highlighted AI's potential in crypto trading but emphasized risks, as leveraged strategies and volatile markets invalidated past performance guarantees. - Post-test o

Bitget-RWA2025/10/27 05:02
Bitcoin Latest Updates: Alpha Arena: DeepSeek’s Well-Balanced Leverage Approach Surpasses Competitors

Ant Group Encounters Regulatory Challenges in Hong Kong Amid Web3 Expansion

- Ant Group launches TOPNOD crypto wallet in overseas public testing, advancing its Web3 and virtual asset expansion strategy. - The Singapore-available wallet enables crypto trading via third-party platforms, aligning with trademark filings for virtual asset terms like "ANTCOIN". - Hong Kong regulatory hurdles, including stablecoin licensing, challenge Ant Group's plans to enter the region's growing crypto market through subsidiaries. - Partnerships with ANEXT Bank and $7.2B Hong Kong office investment hi

Bitget-RWA2025/10/27 05:02
Ant Group Encounters Regulatory Challenges in Hong Kong Amid Web3 Expansion