Tether Mints 1B USDT on Tron Network

🐋 Whale's $103M Short Bet

By Bridgers
Jun 23, 2025, 4:34 PM
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Major market movements today as Bitcoin dips below $101K, triggering significant liquidations across networks.​ Total liquidations reached $683M, with Ethereum leading at $254M in long positions closed.​

Key developments:

  • BTC trading at $100,886
  • AguilaTrades faces $10M unrealized loss
  • Large whale holds 1,007 BTC short position ($103M)
  • Tether mints 1B USDT on Tron
  • ETH drops below $2,400

In legal news, Three Arrows Capital increased their claim against FTX from $120M to $1.​5B, with court proceedings set for August.​

Sources
SWFT Blockchain
SWFT Blockchain
@SwftCoin
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📉 SWFT GPT Daily – May 29, 2025 Crypto Market Dips | SocialFi Pops | FCA Drafts Stablecoin Rules | Ooki +232% 🚀 🧠 Key Headlines: 🔹 UK FCA proposes stablecoin rules: Reserve transparency & custody protection. 🔹 Fed Policy: Stable rates expected till Q3; trade tension clouds

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