🐳 Since Telegram announced Lighter integration in its app, a Hyperliquid whale didn’t wait.
He dumped 12.2K $HYPE ($449.1K), placed another 10.4K $HYPE ($386K) as a sell order, and withdrew $1.26M $USDC today.
Notably, he had already closed his multi-million dollar $HYPE longs right after the April 3 announcement.
Lifetime PnL: $1.72M+
Does he know something we don’t, or is this just another wrong FOMO trade?
He dumped 12.2K $HYPE ($449.1K), placed another 10.4K $HYPE ($386K) as a sell order, and withdrew $1.26M $USDC today.
Notably, he had already closed his multi-million dollar $HYPE longs right after the April 3 announcement.
Lifetime PnL: $1.72M+
Does he know something we don’t, or is this just another wrong FOMO trade?
📊 According to SoSoValue data, on April 6 (ET), Bitcoin spot ETFs recorded a total net inflow of $471 million. Ethereum spot ETFs saw a total net inflow of $120 million, with none of the ten ETFs recording net outflows.
📊 Traditional Asset Trading Volume Surges on Binance
Binance Research reports that over the past 90 days, the trading volume of its crypto-native RWA perpetual contracts relative to the average volume of traditional mainstream futures markets has risen from 0.2% to 4.9%.
Specifically, silver contract trading volume peaked at 20.8% of COMEX, and gold peaked at 8.3%.
The report states that if this trend continues, the distribution of pricing power between traditional and crypto markets could undergo significant changes. #rwa
Binance Research reports that over the past 90 days, the trading volume of its crypto-native RWA perpetual contracts relative to the average volume of traditional mainstream futures markets has risen from 0.2% to 4.9%.
Specifically, silver contract trading volume peaked at 20.8% of COMEX, and gold peaked at 8.3%.
The report states that if this trend continues, the distribution of pricing power between traditional and crypto markets could undergo significant changes. #rwa
🗽 SEC has sent a request to the White House to consider the issue of a "safe harbor" for cryptocurrencies, with a proposal expected "soon."
The Block #regulation
The Block #regulation
📊 #SOL Solana Foundation has announced a new security audit system for protocols based on Solana. They also introduced an incident response network, warning that "hackers quickly adopt innovations."
🏦 France and South Korea's central banks hold joint talks to discuss the future of crypto.