The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million.
Bitcoin ETFs drove crypto fund gains last week, posting four consecutive weeks of inflows totaling $3.9 billion, according to SoSoValue.
Hyperliquid’s HYPE token faces a monthly supply overhang of $410 million due to its vesting schedule, warned Arthur Hayes’ Maelstrom Fund.
A crypto asset manager wants future HYPE emissions and community rewards to be cut, slicing its token supply by 45% in a bid to make HYPE easier to value.
Investors didn’t take too kindly to new crypto acquisitions from treasury companies on Monday, while announcements from crypto-pivoting businesses had the opposite effect.
ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.
BitMEX co-founder Arthur Hayes sold his entire HYPE stash, netting over $800,000 in profit. The move comes just weeks after his wildly bullish 126x prediction.
Governments around the world are exploring and launching stablecoins to remain competitive against dollar-pegged digital fiat tokens.
A wallet that bought $226,000 in APX in 2022 now holds over $7 million, as the token spiked 120% following the launch of the ASTER upgrade swap.
BNB breakout patterns and onchain sentiment suggest a year-end rally, with upside targets stretching between $1,250 and $1,565.