News linked to both this project and an event.
Odaily News, Hyperbot data shows that whale Loracle has newly opened a 10x leveraged long position on gold and a 1x leveraged long position on copper, and has been continuously adding to these positions. Currently, it holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both in profit.In addition, Loracle's short positions are mostly in losses, with only CASHCAT and CRWV shorts currently in profit:Short position worth $38.19 million on HYPE, with an unrealized loss of $13.66 million.Short position worth $27.69 million on SNDK, with an unrealized loss of $5.16 million.Short position worth $19.8 million on NVDA, with an unrealized loss of $0.62 million.Short position worth $18.27 million on PONS, with an unrealized loss of $1.28 million.Short position worth $11.06 million on MU, with an unrealized loss of $1.94 million.Short position worth $4.01 million on PLTR, with an unrealized loss of $0.014 million.
According to on-chain data monitoring, the whale Loracle's sub-address newly opened 10x leveraged gold longs and 1x leveraged copper longs this morning, subsequently adding to the positions continuously. Currently, it holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both of which are in unrealized profit. Additionally, Loracle's short positions remain mostly at a loss: Shorting HYPE worth $38.19 million, with an unrealized loss of $13.65 million. Shorting SNDK worth $27.60 million, with an unrealized loss of $5.07 million. Shorting NVDA worth $19.80 million, with an unrealized loss of $0.62 million. Shorting MU worth $11.03 million, with an unrealized loss of $1.91 million. Shorting PONS worth $18.30 million, with an unrealized loss of $1.32 million. Shorting PLTR worth $4.01 million, with an unrealized loss of $17,000. Shorting CASHCAT worth $3.62 million, showing an unrealized gain of $770,000. Shorting CRWV worth $1.75 million, showing an unrealized gain of $270,000.
According to on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid repurchased and burned 15,350 HYPE at an average price of $86.17 over the past 24 hours, worth approximately $1.32 million. As of now, the cumulative total of burned HYPE has reached 48.45 million, valued at approximately $4.11 billion at current prices, accounting for 4.84% of the maximum supply and permanently removed from circulation.
Odaily News Analyst Killa stated on platform X that, based on historical performance, when BTC begins to form a bottom and slowly trends upward, it often represents a favorable accumulation phase for altcoins. During the previous cycle, as BTC rose from $16,000 to $74,000, a large number of altcoins recorded gains of 300%–500%. However, as BTC continued to strengthen thereafter and its market dominance increased, many altcoins began to face downward pressure.Killa believes that if BTC has already formed its bottom this cycle, some altcoins may have also established cyclical lows, prompting a recent resumption of selective altcoin positioning. His SOL position, bought at $76, is currently up approximately 50%. The ASTER long position shared recently has a target of at least 50% to 100% upside. Additionally, the HYPE spot or long position established earlier at $51.55 has since risen roughly 70%.
According to Lookonchain tracking, trader 0x3305 has been continuously buying HYPE over the past 10 days, accumulating a total of 194,210 HYPE tokens valued at approximately $16.79 million.
Analyst Edgy from The DeFi Edge stated that Bitcoin ETFs attracted approximately $3.54 billion in August, while Ethereum ETFs drew in around $1.84 billion. During the trading week of August 24–28, SOL ETFs registered a net inflow of $142.7 million, XRP ETFs $110.5 million, and HYPE ETFs $56.8 million, totaling roughly $310 million, highlighting market demand beyond BTC and ETH. However, in the following week of August 31 to September 4, SOL’s net inflow plummeted to $4.9 million, HYPE dropped to $12.3 million, whereas Bitcoin ETFs continued to attract $987 million during the same period. Analysts noted that capital inflows into altcoin ETFs have yet to establish a sustained trend, and whether they can maintain steady absorption capacity over the next month remains a key metric to watch.
On-chain analyst The Data Nerd (@OnchainDataNerd) has observed that HyperLabs is consistently transferring its $HYPE staking rewards—recently redeeming 433,000 $HYPE (approximately $38.14 million) and distributing them to 11 addresses after the unlock. It is reported that the team currently withdraws over 400,000 $HYPE monthly, which closely aligns with its monthly staking rewards. Its holdings of 241 million $HYPE generate approximately 14,400 $HYPE (around $1.26 million) in staking yields per day.
Odaily News DeFi researcher Ignas posted on X: "After David Hoffman (Bankless founder) sold his ETH, he reallocated his portfolio into some of the best-performing tokens, such as LIT and ZEC. NEAR also performed well, and only VVV underperformed the broader market. Although the market was full of fear, uncertainty, and doubt (FUD) at the time, and it was also very close to the ETH bottom, the goal of aggressive crypto investors has always been to outperform BTC and ETH. Well done, David."Previously reported, Bankless co-founder David Hoffman announced in June this year that he had sold all his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.
Odaily News: According to Ember monitoring, the 433,000 HYPE tokens, worth $38.14 million, that the HyperLabs address (0x43e...a251) applied to redeem 7 days ago have arrived 12 hours ago and were transferred out to 11 addresses 9 hours ago. HyperLabs holds 241 million HYPE, with daily staking rewards of approximately 14,400 tokens, worth $1.26 million. Its monthly unstaking and transfer of over 400,000 HYPE is roughly equivalent to its monthly staking rewards.
According to Onchain Lens, a whale unstaked 50,050 HYPE worth approximately $4.27 million and transferred them to OKX. Onchain Lens stated that the transfer may be for selling.
According to Lookonchain monitoring, whale address 0x6750 purchased 174,826 HYPE tokens worth approximately $15.01 million 8 hours ago and has staked the entire amount.
Bloomberg ETF analyst James Seyffart tweeted a list of institutions holding shares in the HYPE spot ETF, including UBS Group, Bank of Montreal, and Jane Street. Wealth High Governance ranks first with 632,614 shares worth $23,948,236, followed by OLP Capital Management with a $10.5 million position in second place. UBS Group takes third with $7.5 million in holdings, while Bank of Montreal ranks fourth with $6.7 million, and Jane Street comes in fifth with $4.4 million.
Odaily News – Bloomberg ETF analyst James Seyffart posted on X a list of institutions holding shares of the HYPE spot ETF. Among them, Wealth High Governance holds 632,614 shares, valued at $23,948,236, ranking first, while OLP Capital Management holds $10.5 million in shares, ranking second. UBS Group ranks third with $7.5 million in assets. Bank of Montreal ranks fourth with $6.7 million, and Jane Street ranks fifth with $4.4 million.
Odaily News: According to on-chain analyst Yu Jin's monitoring, the institution suspected to be a16z's largest HYPE holder purchased 816,000 HYPE at an average price of $81.3 per token for $66.4 million USDC a week ago. Eight hours ago, it transferred another $13.05 million USDC to Hyperliquid and purchased HYPE via TWAP. The institution has now bought and staked a total of 5.201 million HYPE, valued at $445 million, with an average price of approximately $67.2 per token, resulting in unrealized gains of about $95.18 million.
Odaily News: According to Lookonchain monitoring, loracle.hl (@loraclexyz, 0xefe4...194b) has continued to add to their short position on PONS after losing $70 million on HYPE. They currently hold a short position of 17.79 million PONS tokens, valued at $16.31 million, with unrealized losses of $6.57 million.
Odaily News: According to HyperliquidNews monitoring, Unit Labs received 500,000 HYPE three hours ago as a result of unstaking, and subsequently transferred it to a new wallet.
Odaily News, according to Onchain Lens monitoring, a whale withdrew 97,670 HYPE from four exchanges in the past hour, worth approximately $8.25 million. Among them, 46,000 HYPE was withdrawn from OKX, worth about $3.88 million; 29,000 HYPE was withdrawn from Bybit, worth about $2.45 million; 13,000 HYPE was withdrawn from Kraken, worth about $1.1 million; and 9,670 HYPE was withdrawn from Gate, worth about $816,000.
According to Lookonchain, a whale has again purchased 343,000 HYPE, valued at approximately $29.09 million. The whale has now cumulatively acquired 3.24 million HYPE, with a total value of around $252 million, all of which is staked.
Odaily News: According to Onchain Lens monitoring, a whale withdrew 62,410 HYPE from Coinbase in the past 4 hours, worth $5.27 million; over the past week, the whale withdrew a total of 110,370 HYPE from Coinbase, worth $9.09 million.
Odaily News – According to Lookonchain monitoring, a whale (0x6436...0103) purchased 1.28 million HYPE at an average price of $70 three months ago, worth $89.13 million; over the past 10 days, it purchased another 1.62 million HYPE at an average price of $82.4, worth $133.8 million.