K33: Bitcoin derivatives market forming 'dangerous' setup as hopes of a swift bounce fuel rapid leverage climb

Saudi Arabia announced that it will begin mining Bitcoin, becoming one of the countries in the Middle East participating in Bitcoin mining. （The Bitcoin Historian）

[DFDV Q3 Records Unrealized Gains of $74 Million Due to Changes in Digital Asset Fair Value] Nasdaq-listed company DeFi Development (DFDV) submitted its quarterly 10-Q report for the period ending September 30, 2025, showing that the company recorded unrealized gains of $74 million in the third quarter due to changes in the fair value of digital assets, with year-to-date cumulative unrealized gains reaching $96 million.

Monitoring shows that the address 0x3A2... bED2a has sold 99.2938 WBTCs on the chain in the past 10 hours, earning a profit of 7.32 million US dollars. This address purchased 577.17 WBTCs at a unit price of $16933.54 on December 28, 2022, with a total cost of $9.77 million. Currently, there are 350.7 WBTCs remaining on the chain, valued at approximately $32.12 million. (Auntie Ai)

The former PayPal president presented a demonstration of real-time self hosted Bitcoin rewards, emphasizing the potential of Bitcoin in the financial system. （The Bitcoin Historian）

The trader opened a 10x leverage long position in NVDA stocks on the Hyperliquid platform, with a size of 9000 xyz: NVDA cards worth $1.66 million and a liquidation price of 174.89. （Lookonchain）