Bitcoin
Whales Hedge $1.3 Billion in Bitcoin and XRP While Gold Hits Fresh August Highs: Main Crypto News This Morning
U.Today·August 24, 2026·1 min read
Key market makers have locked $1.38 billion in Bitcoin and XRP short hedges on Hyperliquid, according to the main crypto news for Aug. 24. This occurs as gold hits fresh August highs at $4,659 amid a developing US debt crisis. The hedging activity underscores cautious sentiment among major traders despite recent market moves.
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