Whale Dumps $36M in HYPE to Shore Up $103M Short on Hyperliquid as Liquidation Risk Builds
Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens worth $36.76 million, using the proceeds to defend a short position carrying over $103 million in notional exposure as the token trades near its...
Original source
Read on Bitcoin NewsRelated market context
Hyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off
A Hyperliquid trader dubbed a “perma-bear” is running an 81% short book with a $2.7 million all-time profit, led by a $13.57 milli...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practica...
SpaceX prices largest IPO ever at $135, trades at $177 on Hyperliquid
SpaceX's IPO highlights the growing influence of crypto markets on traditional finance, raising questions about regulation and mar...
Bitcoin and Ether ETFs Lose $249 Million While HYPE Funds Extend Inflow Run
Crypto ETF flows stayed uneven on Wednesday, June 10, as bitcoin funds recorded a fourth straight day of outflows and ether ETFs r...
Kalshi launches $HYPE perpetuals, becoming first regulated platform to list Hyperliquid-native perp
Kalshi's move into regulated DeFi-native perps could shift institutional interest towards compliant crypto derivatives, impacting...