News linked to both this project and an event.
According to Hyperinsight monitoring, after the Korean stock market closed, the US-listed Hynix ADR (SKHY) on Hyperliquid continued to decline, currently trading at $148.5, down approximately 10.5% in 24 hours; meanwhile, the Korean-listed Hynix (SKHX) was trading at $1134, down approximately 8.9%.
Odaily Odaily reports: According to on-chain analyst Ai Yi's monitoring, a whale that previously accumulated 200,000 HYPE in June has withdrawn an additional 20,000 HYPE (worth $1.18 million) from the exchange after a 4-week hiatus. Since June 11, this whale has accumulated a total of 220,000 HYPE, with a total value of $14.85 million. The average withdrawal price is $67.51, and the current unrealized loss stands at $1.945 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a Hyperliquid trader closed a short position of approximately 32,300 $SPCX (notional value of approximately $4.07 million) on July 17, realizing a profit of $927,900 from this trade. However, according to Nansen data, the historical cumulative PnL of this address remains at a loss of $4.9 million.
Odaily News Renowned trader Ansem posted on X, stating that buybacks (for token prices) actually don’t have much effect.Ansem further noted that Hyperliquid's annualized revenue is $800 million, while Pump.fun's annualized revenue is $440 million; however, HYPE's FDV is as high as $65 billion, whereas PUMP's FDV is only $1.4 billion. Both teams regularly use a portion of their business profits for buybacks, yet their P/S ratios are vastly different.This disparity doesn't stem from how much revenue the businesses actually generate, but rather reflects the market's "trust premium" for the teams — a trust determined by their actions and decisions in the market. Hyperliquid never over-promises, focuses purely on product delivery, and generously rewards core users who contribute the most to the platform based on established metrics. In contrast, Pump.fun generated $1 billion in revenue, raised another $1 billion in an ICO, and promised users an airdrop, but has yet to deliver. Despite being one of the most successful and profitable businesses in the crypto industry, they lack a social consensus bond with their core user base and thus cannot achieve the trust premium that Hyperliquid enjoys.Therefore, what determines a business's valuation includes not only the "tangible value" derived purely from revenue and other metrics but also "intangible value." Trust, memetics, and attention are all crucial in the market, yet they are currently discussed far too little.
Odaily reports, according to on-chain analyst Ember monitoring, an address suspected to be a16z (0x867...E6D) withdrew 471,500 Hyperliquid native tokens, worth $30.57 million, from Hyperliquid over the past day, and subsequently deposited them into exchanges including OKX, Bybit, and Gate.
crypto trader Ansem posted on social media, stating that ChangXin Technology is expected to go public at an IPO price of $1.28, while its current pre-market price on Hyperliquid is approximately $6.92.Ansem pointed out that the final settlement prices of several recent IPO targets have been closer to their Hyperliquid pre-market prices than analysts' forecasts, suggesting close monitoring of ChangXin Technology's subsequent price performance.
Odaily reports, as monitored by Onchain Lens, a Hyperliquid trader has accumulated a profit of $527,000. Recently, the trader went fully short, opening a short position of 145 BTC, worth $9.31 million, as well as 15,000 HYPE, worth $938,000.
According to on-chain analysis platform Lookonchain (@lookonchain), a newly created wallet address deposited 10 million USDC into Hyperliquid and subsequently established a short position on CXMT. The specific positions are as follows: • Opened positions: 1x short 514,357 CXMT, valued at approximately $3.8 million • Pending orders to add position: Limit short orders for 490,000 CXMT (approximately $4.17 million), with trigger price range set between $8 and $9
Odaily Odaily reports, according to Onchain Lens monitoring, a trader who had accumulated losses of $4.89 million has once again opened a long position of 84 BTC, valued at $5.43 million, with 40x leverage. The trader also holds long positions of $290,000 in HYPE and $148,000 in PUMP. The account has also placed a limit order to buy 6.56 BTC, valued at $424,000, at a price of $64,600.
Odaily News on July 14, Bitcoin ETFs recorded net inflows of $181 million, and Ethereum ETFs recorded net inflows of $58.34 million. No outflows were observed for either Bitcoin or Ethereum ETFs on that day. BlackRock's IBIT saw net inflows of $139 million, Fidelity's FBTC posted net inflows of $21.07 million; all net inflows into Ethereum ETFs came from BlackRock's ETHA. HYPE, XRP, and Solana ETFs had no trading activity on the day. Morgan Stanley submitted a proposed amended filing for spot Ethereum and Solana ETFs, with the document covering service providers such as Coinbase Custody and staking provisions. Japanese policymakers are advancing reforms aimed at classifying crypto assets under the Financial Instruments and Exchange Act.
according to on-chain analyst Yuye Jian, as BTC rebounded above $65,000, a whale has opened a short position worth $49 million in BTC on Hyperliquid. The position is less than $900 away from its liquidation price. The liquidation price is set at $66,153. The whale initially shorted 750 BTC at $59,941 at the end of June and is currently facing an unrealized loss of $4 million.
: Onchain Lens posted on X platform, stating that a trader with a total historical profit of $863,200 is currently fully long on Hyperliquid. The open position is worth $13.31 million, including a long position of 90 BTC worth $5.87 million with 40x leverage; a long position of 70,000 SOL worth $5.5 million with 20x leverage; and a long position of 1,000 ETH worth $1.93 million with 25x leverage.
on-chain analytics firm Glassnode stated that top traders on decentralized derivatives exchange Hyperliquid are heavily long on Bitcoin, with their sustained long position reaching the highest level since the platform's records began, surpassing the level seen during Bitcoin's previous rally to approximately $83,000. Glassnode noted that this position indicates strong speculative demand at the current price level. Hyperliquid is a decentralized derivatives exchange where traders can trade leveraged perpetual contracts with no expiry date on-chain. A Bitcoin whale on Hyperliquid has recently pushed net long positions to a year-to-date high. Glassnode's weekly report shows that despite Bitcoin's price decline in June, accumulation has continued; Bitcoin has recently reclaimed the $65,000 level.
according to on-chain analyst Ai Yi's monitoring, a trader who went short on ChangXin Memory Technologies (CXMT) on Hyperliquid saw their position liquidated within 28 minutes, resulting in a loss of $44,000 from a position of approximately $220,000. Ai Yi noted that the liquidity of the CXMT contract on Hyperliquid is currently relatively low, leading to more volatile price movements. Data shows that a wallet with total assets exceeding $75 million is building a long position in CXMT.
On-chain analyst Ai Yi posted on platform X, stating that on the Hyperliquid order book, someone has placed a buy order for 6.824 million US dollars worth of ChangXin Memory Technologies (CXMT) at a price of 6 US dollars; if calculated at the current price of 6 US dollars, the market value of ChangXin Memory Technologies would be approximately 2.72 trillion yuan, with a total of 66.88 billion shares, surpassing the current market value leader Industrial and Commercial Bank of China (ICBC), which stands at 2.66 trillion yuan.
According to HyperInsight monitoring, Hyperliquid trader yixie has reduced their long position in SKHX by 1,009.59 tokens, valued at approximately $1.4217 million. After the reduction, yixie's total SKHX position has decreased to around $10.0025 million, with an average entry price of $1,461.82. The current SKHX price stands at approximately $1,423.30, resulting in an unrealized loss of about $270,700 (-5.87%) on this position, with a liquidation price of $807.49.
On July 13, Bitcoin ETFs saw a net outflow of $424.66 million, with Fidelity's FBTC net outflow of $245.62 million, Blackrock's IBIT net outflow of $185.5 million, and Grayscale's GBTC net outflow of $53.06 million. Grayscale Bitcoin Mini Trust had a net inflow of $53.38 million, while Vaneck's HODL posted a net inflow of $6.14 million. The total trading volume of Bitcoin ETFs was $2.06 billion, with total net assets of $74.79 billion. Ethereum ETFs recorded a net outflow of $15.41 million, mainly from Fidelity's FETH, with total trading volume of $430.91 million and net assets of $9.46 billion. HYPE ETFs saw a net outflow of $3.93 million, all from Bitwise's BHYP, with total trading volume of $14.79 million and net assets of $327.79 million. XRP and Solana ETFs had no trading activity that day. Glassnode indicates that the trading volume of US spot ETFs has dropped by 78% from its peak and is now below 2024 levels. (Bitcoin.com News).
After losing $46.46 million shorting HYPE, trader loracle.hl opened new positions today, including SKHX long positions and crude oil short positions. Their overall PnL fluctuated significantly, once drawing down from a peak unrealized profit of $42.87 million to a loss of $17.27 million, and has currently rebounded to a cumulative profit of $2.06 million.
according to Lookonchain monitoring, after suffering significant losses from shorting Hyperliquid's HYPE, whale Loracle has reopened new positions today, establishing a fresh trading strategy.It is reported that loracle.hl previously shorted HYPE, accumulating a total loss of approximately $46.46 million. Subsequently, the trader opened new positions, including going long on SKHX and shorting crude oil (#oil).His overall trading performance experienced drastic fluctuations. The account's profit and loss once peaked at around $42.87 million in gains, then reversed to a loss of $17.27 million, and currently has returned to an overall profitable state of about $2.06 million.
据 Hyperinsight 监测显示，0x3e7 开头巨鲸当前在 Hyperliquid 上以 20 倍全仓杠杆持有 2,527.7 枚纳斯达克 100 指数（XYZ100）多单，名义规模约 7,429.8 万美元，约占该平台 XYZ100 全部未平仓合约量的 21.6%，为最大 XYZ100 多头。