Crypto and Whale Moves on Sept. 29: Big Positions, Regulatory Shifts, and Corporate Treasury Buying
A dense 24-hour stretch in crypto brought a mix of whale positioning, treasury accumulation, regulatory updates, exchange product launches, and security disclosures, alongside a heavy stream of AI financing and M&A news. Binance said five stocks, including Boost Run, StablecoinX, and Wise Group, will begin trading on its stock platform on Sept. 28 at 21:30 Beijing time, with FPSL eligibility after settlement. In derivatives, one whale that opened a 20,000 ETH long at $1,936 is now sitting on a $14.06 million unrealized gain and has also opened a 650 BTC short at $84,057, while Wintermute built a $126.25 million short basket on Hyperliquid led by ETH. Corporate treasury activity stayed active: Strive added 1,107 BTC, Strategy bought 1,665 BTC and later moved 3,568 BTC on-chain, DFDV increased its SOL holdings to about 2.54 million, and Bitmine said its ETH stash has topped 6 million coins. On the policy side, Hong Kong’s SFC and the Accounting and Financial Reporting Council expanded cooperation to cover licensed virtual asset service providers, while ESMA said MiCA coordination is moving from rulemaking toward supervision. Coinbase also said it won CFTC approval for Coinbase Clearing LLC, described as the first clearinghouse with USDC as native margin.