News linked to both this project and an event.
Odaily News: According to Onchain Lens monitoring, a whale deposited 37,390 HYPE, worth $2.03 million, into KuCoin 6 hours ago; 1 hour ago, the same wallet transferred 290,750 USDC, worth $290,700, to Kraken.
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid generated a total of $624,100 in fees over the past 24 hours and burned approximately $575,400 worth of $HYPE tokens; as of now, the historical cumulative burn amount of $HYPE has reached 47.59 million tokens (approximately $2.56 billion), accounting for 4.76% of the max supply of 1 billion tokens.
On-chain data shows that out of the 433,000 HYPE redeemed from staking by Hyperliquid's development team HyperLabs, 165,000 have been transferred to market maker Flowdesk, with some already swapped for USDC.
Odaily News: According to on-chain analyst Ember's monitoring, HyperLabs, the development team behind Hyperliquid, redeemed 433,000 HYPE tokens from staking early yesterday morning, valued at $24.25 million, and has now been sold through market maker Flowdesk. Over the past few hours, 165,000 HYPE, worth $9.23 million, has been transferred to market maker Flowdesk; 75,000 HYPE, worth $4.19 million, has been transferred to Hyperliquid and sold for USDC; another 90,000 HYPE, worth $5.04 million, has been transferred to OKX and Bybit.
Odaily News, according to Onchain Lens monitoring, LORACLE (@loraclexyz) continues to increase its short position on HYPE, adding 8,730 HYPE shorts at approximately $55.71, valued at around $486,000. It currently holds 546,720 HYPE shorts, valued at approximately $30.44 million, with an entry price of $52.90, floating losses of about $1.52 million, and a liquidation price of $82.28. The wallet has lost approximately $2.27 million over the past 7 days.
Odaily News: According to on-chain analyst Ember's monitoring, 433,000 HYPE tokens, worth $24.25 million, redeemed from staking a week ago by Hyperliquid development team HyperLabs address (0x43e...251), arrived in the account early yesterday morning. Early this morning, the redeemed 433,000 HYPE were distributed and transferred to 9 wallets. Based on previous unstaking transfer records, these HYPE are expected to flow into CEX through market maker Flowdesk.
Odaily Blockworks analyst shaunda devens stated on X that the U.S. state of Wyoming recently disclosed its Q2 13F filing, showing indirect investment in HYPE through Hyperliquid Strategies ($PURR).
Odaily News, according to MLM monitoring, TradeXYZ's fee receiving wallet has recently used perpetual contract (Perps) trading fee revenue to purchase HYPE tokens for the first time. Two days ago, TradeXYZ transferred 250,000 USDC from its perpetual contract fee wallet (used for accumulating Perps trading fees) to its spot wallet, and purchased approximately 2,000 HYPE tokens, worth about $110,000. Subsequently, this portion of HYPE was used to purchase HIP-3 trading pairs.The latest data shows that TradeXYZ has again transferred 500,000 USDC to its spot wallet and has begun continuously purchasing approximately 9,000 HYPE tokens—worth about $500,000—through a TWAP (Time-Weighted Average Price) strategy. Previously, TradeXYZ's HYPE funds used to purchase new HIP-3 trading pairs mainly came from spot trading fee revenue. However, this is the first time it has used perpetual contract fee revenue for HYPE purchases.
According to Ember, two addresses suspected to be associated with a16z transferred 979,000 HYPE to Hyperliquid 8 hours ago and staked them, valued at approximately $53.53 million.
Odaily News: According to Onchain Lens monitoring, a whale deposited 873,160 wstHYPE (approximately 47.37 million USD) and 627,810 kHYPE (approximately 33.71 million USD) into Hyperlend, and then borrowed 20.57 million USDC. The health factor is 2.91, with net borrowing equity of approximately 60.5 million USD.
Odaily News According to on-chain analyst Ai Yi's monitoring, a whale withdrew 20,000 HYPE from Coinbase an hour ago, worth $1.03 million. Since June 11, this whale has withdrawn a total of 240,000 HYPE from exchanges, worth $15.88 million, with an average withdrawal price of $66.17, and is currently facing a floating loss of $3.53 million.
On-chain data shows that a whale holds a long position of 1.38 million HYPE tokens valued at approximately $72.15 million, currently about 9% away from liquidation, with a liquidation price of around $47.6.
Odaily News: According to on-chain analyst Yu Jin's monitoring, multiple institutions have unstaked and sold HYPE, causing the token to drop from $72 to $52 over the past month, a decline of 28%. A whale holds 1.38 million HYPE in long positions, valued at $72.15 million, with a current liquidation price of $47.6, approximately 9% away from HYPE's current price. This position has been held for 8 months without being closed. It saw an unrealized loss of $26 million at the end of January, reached a peak unrealized gain of $47.46 million in June, and currently remains up $18.8 million. The position is nearing the liquidation price because the whale previously withdrew a significant portion of the unrealized profit as margin.
According to Onchain Lens monitoring, a Hyperliquid trader, after being liquidated for approximately $2.05 million on a SKHX long position 3 days ago, has again established a $4.95 million HYPE long position with 10x leverage. His main positions include a $10.04 million ETH long position with 20x leverage; a $4.95 million HYPE long position with 10x leverage; and additional long positions in META and other assets. The trader's cumulative historical losses amount to approximately $504,800.
Odaily News, according to on-chain analyst Yu Jin's monitoring, a whale's another address just transferred 1.893 million HYPE, worth $106 million, redeemed in the early morning to the HyperEVM chain. This address has not yet been transferred to an exchange like the previous one. The HYPE actually accumulated by this whale at around $19.79 early last year totals 2.886 million coins, with current profits exceeding $104 million.
Odaily News: According to on-chain analyst Ai Yi's monitoring, Hyperliquid trader YGNH94 (0xe8Fe...0941) redeemed 100,300 staked HYPE 5 hours ago and subsequently deposited them to OKX, valued at $5.57 million. He had previously withdrawn 60,100 HYPE from OKX on June 27 at $63.36 each; selling this portion now would result in a loss of $471,000.
according to on-chain analyst EmberCN's monitoring, an hour ago, a whale transferred 1.032 million HYPE tokens, which they had held for a year and a half, to Coinbase Prime and FalconX, worth $57.6 million. The whale made a profit of $37.45 million on HYPE, a return rate of 186%. The whale initially withdrew 1.018 million HYPE from Gate in early 2025 at an average price of approximately $19.79, worth $20.15 million at the time, and subsequently staked these HYPE tokens. Early this morning, all related HYPE was unstaked and transferred to Coinbase Prime and FalconX when the price was $55.8.
According to on-chain analyst Ember (@EmberCN), the Hyperliquid development team HyperLabs address initiated unstaking of 433,000 $HYPE tokens 8 hours ago, valued at approximately $23.45 million. These tokens will officially complete unstaking after a 7-day Pending period.
According to on-chain analysis platform Lookonchain (@lookonchain), in the past 10 hours, Multicoin Capital deposited 137,100 HYPE to Coinbase Prime, worth approximately $7.51 million; Bitwise deposited 22,463 HYPE to Coinbase 9 hours ago, worth approximately $1.23 million. The two institutions deposited a total of approximately $8.74 million worth of HYPE.
Odaily reports, according to on-chain analyst Ember CN, the Hyperliquid development team HyperLabs address (0x43e...251) initiated the unstaking of 433,000 HYPE, worth $23.45 million, 8 hours ago. The unstaking of this HYPE will be completed after a 7-day pending period.