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A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token…

Continue ReadingA16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

$1.5 Million Wiped Out as Hyperliquid’s SpaceX Pre-Market Perpetual Flash Crashes 45%

The synthetic SpaceX perpetual contract on decentralized exchange Hyperliquid suffered a massive 45% flash crash on Thursday, wiping out over $1.5 million in leveraged positions within 30 minutes. Onchain Data…

Continue Reading$1.5 Million Wiped Out as Hyperliquid’s SpaceX Pre-Market Perpetual Flash Crashes 45%

NYSE Parent ICE Explores Potential Collaboration With Decentralized Exchange Hyperliquid

Jeff Sprecher, the CEO of the New York Stock Exchange’s parent company ICE, has openly praised the decentralized derivatives protocol Hyperliquid, calling the platform “bigger than Nasdaq” at a recent…

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Blackrock Leads $733M Bitcoin ETF Selloff as HYPE Funds Keep Drawing Inflows

Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the…

Continue ReadingBlackrock Leads $733M Bitcoin ETF Selloff as HYPE Funds Keep Drawing Inflows

Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

Onchain data has flagged a smart money whale running heavily leveraged short positions on bitcoin and ether simultaneously with long positions on traditional financial (TradFi) market indexes through Hyperliquid. Long…

Continue ReadingWhale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

Spot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime

Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in…

Continue ReadingSpot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime