A new wallet placed a 10x leveraged long on 20 million DOGE worth $2.25M on May 16, per Lookonchain. The $0.10284 liquidation price leaves under 10% margin from current dogecoin spot price near $0.1086. DOGE whale holdings hit record levels in May 2026, even as price consolidates below $0.12.
Two California investors are taking Crypto.com to federal court in Miami, Florida, accusing the company of running what they describe as a nationwide sports betting business under the cover of financial trading. The proposed class action, filed in the U.S. District Court for the Southern District of Florida, names North American Derivatives Exchange Inc., which operates as Crypto.com, along with Foris DAX Inc. The lawsuit claims users across the country have lost hundreds of millions of dollars through the platform's sports event contracts.
After getting back over $3k earlier this week, ETH has not been able to sustain this level, and has seen shorts take over the order book with continued selling. ETH funding rates on perpetual futures have gone to completely flat levels on some exchanges, while reaching negative figures on others. ETH Q1 2026 Futures contracts are just barely in contango today. End of January 2026 options contracts are seeing heavy volume on both puts and calls, as traders try and hedge
