According to Francisco Rodrigues, cryptocurrencies declined sharply with Bitcoin (BTC) falling 2.9% and a broad crypto market index dropping 6.1% over 24 hours, driven by Israeli airstrikes on Iran escalating geopolitical tensions and causing a risk-off sentiment among investors. Jake Ostrovskis, an OTC trader at Wintermute, reported that Solana (SOL) had rallied earlier on SEC ETF update speculation but has since tumbled nearly 9.5%, while ETF inflows showed $939 million for BTC and $811 million for ETH month-to-date. Derivatives data indicates increased downside protection, with put/call ratios rising to 1.28 for BTC and 1.25 for ETH, and open interest dropping to $49.31 billion from a peak above $55 billion, according to Velo and Deribit sources.

According to Lennix Lai, OKX Chief Commercial Officer, institutional buying is boosting ETH's price, with ETH derivatives volume at 45.2% versus BTC's 38.1%, making $3,000 ETH increasingly likely. Glassnode analysts report BTC long-term holders accumulated $930 million in daily profits during rallies, signaling strong accumulation despite volatility. CryptoQuant highlights stablecoin inflows reaching a record $228 billion, with Tron leading due to fast finality. Scott Duke Kominers, a16z Crypto Research Partner, states that crypto blockchains are essential for AI agent interoperability. DappRadar analysts note Web3 gaming dominance fell to 19.4% in May due to lack of engaging gameplay, with funding plummeting to $9 million.

According to Francisco Rodrigues, bitcoin (BTC) declined 2.9% and the CoinDesk 20 Index fell 6.1% over 24 hours as Israeli airstrikes on Iran escalated geopolitical tensions, driving risk aversion across global markets. Solana (SOL) dropped nearly 9.5% despite earlier gains from SEC Solana ETF filing updates, as reported by Wintermute trader Jake Ostrovskis. Derivatives data from Velo shows open interest plummeted to $49.31 billion, while Deribit data indicates rising BTC and ETH put/call ratios at 1.28 and 1.25, reflecting increased demand for downside protection. Upcoming token unlocks, including STRK and ARB, and regulatory events like the GENIUS Act vote, could further influence volatility.

According to Francisco Rodrigues, Bitcoin rose to near $107,000 amid a U.S.-brokered ceasefire between Iran and Israel, which eased oil supply fears and boosted risk assets. However, Susannah Streeter of Hargreaves Lansdown highlighted doubts about the truce holding, citing a leaked U.S. intelligence report on Iran's nuclear capabilities. Federal Reserve Chair Jerome Powell emphasized patience on interest-rate cuts, with Bitunix analysts noting this supports risk assets but urges monitoring of inflation and tariff developments. Derivatives trader Jake O from Wintermute described neutral positioning around $105,000, with bullish call options targeting $108,000 to $112,000.

According to Francisco Rodrigues, Bitcoin approached $107,000 amid a U.S.-brokered ceasefire between Iran and Israel, which reduced oil supply fears and lifted risk assets, as noted by Susannah Streeter of Hargreaves Lansdown. However, Streeter highlighted doubts about the truce holding due to intelligence reports. Federal Reserve Chair Jerome Powell's patient approach to rate cuts supports risk assets but adds short-term uncertainty, per Bitunix analysts. Derivatives traders expect range-bound BTC prices between $100,000 and $105,000 around the June expiry, with modest bullish signals from call options, as reported by Jake O of Wintermute.

According to Coinbase International Exchange on Twitter, RESOLV-PERP, HOME-PERP, and SPK-PERP markets have entered full-trading mode on both Coinbase International Exchange and Coinbase Advanced. Traders can now access limit, market, stop, and stop limit orders for $RESOLV, $HOME, and $SPK perpetual contracts, increasing liquidity and expanding trading strategies for these tokens. This update may boost volume and price discovery for RESOLV, HOME, and SPK derivatives, further enhancing their presence in the crypto derivatives market. (Source: @CoinbaseIntExch, June 19, 2025)

According to @KookCapitalLLC, venture capitalists are currently scrambling to identify the next 'hyperliquid' project after missing out on $HYPE, leading to increased activity in the crypto derivatives market. This heightened VC interest is expected to drive the creation and trading of new derivatives products, impacting liquidity and volatility for traders. The trend signifies a notable shift in institutional behavior, with VCs now directly influencing the direction and innovation of crypto trading products, particularly in the aftermath of missing out on early $HYPE opportunities (Source: @KookCapitalLLC, June 11, 2025).

According to Coinbase International Exchange (@CoinbaseIntExch), trading for HYPE-PERP, A-PERP, and SOPH-PERP perpetual futures has entered halt mode on both Coinbase International Exchange and Coinbase Advanced. During this period, users can only post and cancel limit orders, with no order matching taking place. This halt will last for a minimum of 1 minute, potentially impacting short-term trading strategies and liquidity for these crypto derivatives. Traders should monitor for further updates as sudden halts can influence price volatility and execution timing in the broader cryptocurrency market. Source: Coinbase International Exchange Twitter, June 5, 2025.

According to @Uniswap and @dYdX sources, currently there are no major decentralized or centralized exchanges offering options trading, such as writing put options, specifically for the $HYPE token. Most DeFi protocols like Opyn, Lyra, and Ribbon Finance primarily support options trading for top cryptocurrencies such as ETH and BTC, not lower-cap tokens like $HYPE (source: Uniswap, dYdX, Opyn official documentation). For traders seeking to hedge or short $HYPE, perpetual futures or spot trading on decentralized exchanges may be alternatives, but writing puts is not supported for this token at this time. Always verify token contract addresses and available products before trading to manage risk effectively (source: Opyn, Lyra, official protocol docs).

According to Coinbase International Exchange (@CoinbaseIntExch), support for Hyperliquid (HYPE) perpetual futures will be added to both Coinbase International Exchange and Coinbase Advanced, with the HYPE-PERP market opening on or after 9:30 am UTC on June 5, 2025. This listing introduces new trading opportunities for HYPE derivatives, increasing market liquidity and expanding access for traders seeking leveraged exposure to trending altcoins. The addition of HYPE perpetual futures is expected to drive heightened speculative interest and potential volatility in the HYPE spot markets, as perpetual contracts often influence price discovery and trading volume in the broader crypto ecosystem (Source: @CoinbaseIntExch, May 29, 2025).

According to Gracy Chen @Bitget, Bitget’s reserves remain at a 192% over-collateralization ratio, continuing its monthly public disclosure. This high reserve ratio suggests strong platform stability and risk management, providing increased confidence for traders leveraging Bitget for crypto derivatives and spot trading. Traders can use this data to assess counterparty risk and prioritize exchanges with transparent and robust reserve practices, impacting overall market sentiment and liquidity flows (source: Gracy Chen @Bitget, Twitter, May 28, 2025).

According to @EmberCN, after MYX Finance was listed on Binance Alpha, the on-chain derivatives platform was selected for the BNB Chain Foundation's $100 million incentive program's project purchase pool. Five days ago, the BNB Chain Foundation purchased $25,000 worth of $MYX tokens, with the transaction verified on BscScan (source: @EmberCN, May 28, 2025). Yesterday, MYX Finance launched a significant new utility for its native token $MYX through the Keeper Network staking mechanism. These developments provide concrete incentives and increased utility for $MYX holders, potentially driving liquidity and trading volume in the short term. The integration with BNB Chain and support from its foundation are pivotal for traders looking for new opportunities in the DeFi derivatives sector.

According to @Tetranode, Protocol FX now offers a 0% funding rate and allows traders to use up to 7x leverage on its crypto derivatives platform. The main risk highlighted is the redemption of higher leverage positions, but this approach is seen as advantageous for long-term long positions, as it avoids liquidation if the market price remains stable. Traders benefit from maintaining their positions without the risk of funding fees eroding profits, making Protocol FX a compelling choice for those seeking high-leverage, cost-effective crypto trading. (Source: @Tetranode on Twitter, May 28, 2025)

According to Paradex Network, effective Wednesday, 28 May 2025 at 06:00 AM UTC, the funding period for BTC, ETH, and SOL perpetual options will be extended to 5 days. This change is designed to reduce funding rate volatility, offering traders greater predictability in funding costs and allowing for more stable trading strategies. The extension of the funding period could lead to smoother price action in the perpetual options market, potentially reducing short-term liquidations and enhancing overall liquidity for major cryptocurrencies. This update is particularly relevant for active crypto derivatives traders, as it directly affects funding fee calculations and risk management approaches in the BTC, ETH, and SOL perpetual markets (source: Paradex Network @tradeparadex, May 26, 2025).

According to @GreeksLive, for the week of May 19th to May 25th, 2025, Greeks.Live reported notional trading volume of $331,258,995 in block trades, reflecting robust institutional activity in the crypto derivatives market (source: @GreeksLive Twitter, May 26, 2025). The top five block trades provided by Greeks.Live indicate continued demand for large-volume crypto options and futures contracts, which may signal increased volatility and liquidity for major cryptocurrencies such as Bitcoin and Ethereum. Active participation in block trades is often used by professional traders to hedge risk or speculate on price movement, making this data valuable for market participants seeking to anticipate shifts in crypto liquidity and volatility. Monitoring Greeks.Live block trade volume can provide actionable insights for crypto traders aiming to capitalize on institutional trading trends.

According to Coinbase International Exchange, trading for EOS-PERP has been suspended as previously announced. All remaining open positions were automatically settled at a final settlement price of $0.7582 USDC, based on the average index price over the 60 minutes before suspension (Source: @CoinbaseIntExch, May 25, 2025). This immediate settlement impacts traders holding EOS perpetual contracts, requiring them to reassess exposure to EOS and related crypto derivatives. The suspension could influence liquidity and volatility in the broader EOS spot and derivatives markets, prompting traders to monitor alternative platforms for EOS trading opportunities.

According to Ai 姨 (@ai_9684xtpa) on Twitter, James Wynn has opened a significant short position on Bitcoin, totaling 5,877 BTC or approximately $629 million, at an entry price of $107,061.6. Notably, after Wynn's massive short, the BTC perpetual contract funding rate shifted from positive to negative, indicating a surge in short interest and increased market volatility. This shift means traders are now paying funding fees regardless of position direction, reflecting heightened pressure from large positions and potential for abrupt price swings. These developments are critical for traders monitoring funding rates, open interest, and possible liquidation cascades in the crypto derivatives market (Source: @ai_9684xtpa, Twitter, May 25, 2025).

According to Ai 姨 (@ai_9684xtpa), prominent BTC trader James Wynn has increased his Bitcoin long position to 6437.76 BTC, totaling approximately $700 million. The entry price for this position is $109,063 with a liquidation level at $99,946. The current unrealized profit stands at $9.87 million. This aggressive accumulation signals high conviction in further BTC upside but also elevates liquidation risk if BTC price falls below $100,000 (Source: @ai_9684xtpa, May 21, 2025). Traders should monitor Wynn’s position size as large whale moves can impact short-term BTC volatility and trigger cascading liquidations across the crypto derivatives market.

According to Paradex Network (@tradeparadex), the platform is updating its funding PnL realization model for derivatives trading. Previously, any position adjustment—whether increasing, reducing, or flipping—caused 100% of accrued funding to be realized immediately. The new model only realizes funding PnL when a position is reduced and does so strictly in proportion to the reduction. This update changes realized profits and losses for traders, directly affecting risk management and trading strategies on Paradex. Crypto traders should reassess their position management tactics as the timing and amount of realized funding PnL will now change, potentially impacting margin requirements and liquidation risks (Source: Paradex Network, May 13, 2025).

According to Farside Investors, Bitcoin fell 1.43% to $102,415 on 13 May 2025, while March 2026 Deribit Bitcoin Futures traded at a premium of $109,099, down 1.46%. The annualised basis rate remains strong at 7.67%, indicating robust futures demand (source: Farside Investors Twitter, 13 May 2025). Bitcoin ETF inflows totaled $5.2 million the previous day, reflecting sustained institutional interest despite price corrections. Ethereum also declined 1.76% to $2,450. Traditional assets like gold and crude oil showed minor movements, but crypto's basis premium highlights continued trading opportunities in futures. These data points suggest active arbitrage and hedging in the crypto derivatives market.