A certain HYPE whale with 7.5 million USDC collateral has gone long 3x, currently holding a floating profit of over 5 million USD.
On April 19th, as per Ashes Monitor, a whale that had used 7.5 million USDC as collateral to take on a 3x long position on HYPE is now reaping a profit of 5.07 million USD. The whale's average entry price for going long on HYPE on Hyperliquid since April 8th was $11.93, while HYPE is currently trading at $17.89.
9 minutes ago
A man in Xiamen, China, stole and sold virtual currency worth over 1.6 million yuan and was sentenced to 11 years in prison
April 19th: According to the WeChat official account of the Xiamen Procuratorate, in September 2021, the defendant, a certain Mr. Chen, was introduced to the victim, a certain Mr. Hong, through a friend. At that time, Hong had a strong interest in cryptocurrency investment, and Chen had some knowledge in this field. Hong entrusted Chen to help with cryptocurrency investment and unguardedly shared his account and login password with him.
While assisting a friend with futures investment, Chen suffered heavy losses and was overwhelmed by debts, which led him to have evil thoughts. At the end of September 2022, Chen fabricated a lie that the account was disconnected and used this to deceive Hong into providing various verification codes. Then, he successfully changed the account's login password and switched the bound email to his own. Subsequently, Chen repeatedly used the excuse of the account being disconnected to continuously transfer the cryptocurrency in Hong's account to his own ac
9 minutes ago
The current mainstream CEX and DEX funding rate displays indicate that the market is no longer universally bearish.
On April 19th, based on Coinglass data, the current funding rates of mainstream CEX and DEX show that the market is no longer in a generally bearish state but is also not in a bullish state. The specific funding rates for mainstream coins are presented in the attached image.
BlockBeats Note: The funding rate is a rate set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a mechanism for the exchange of funds between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates that the market is generally in a bullish state. When the funding rate is less than 0.005%, it indicates that the market is generally i
9 minutes ago
Once Holding $16.41M in PNUT and Other Popular Tokens, Whale Faces Nearly $10M Loss in Five Months
On April 19th, based on @ai_9684xtpa's monitoring, within just five months, the "whale that spent $16.41 million amassing PNUT, ai16z, and arc" has now endured a total loss of $9.98 million, and its assets have shrunk by more than 60%.
According to previous analyses, this address may pertain to Galaxy Digital, but it is currently unable to be confirmed whether it is a liquidity provider for the three tokens.
9 minutes ago
Glassnode: Bitcoin Whales Who Accumulated at Peaks Now HODLing, Typically Signaling Bear Market Confirmation
On April 19th, Glassnode released a post indicating that the Unspent Output Profit Ratio (SOPR) data of Bitcoin, standardized by drawdown, shows that short-term holders have already suffered a significant loss in this round of correction, a level comparable to the early stages of a bear market in past cycles.
Bitcoin's long-term holders are still generally in a profitable state. However, as the bitcoins purchased at higher prices gradually "age" and transition into the category of long-term holdings, the market's ability to absorb losses may increase. Historically, this transition often indicates the confirmation of a bear market, although a similar market trend has not yet emerged.
9 minutes ago
KiloEx has announced that it will release a reboot schedule as soon as the initial audit is completed.
April 19th. According to official information, KiloEx declared that its partner SlowMist has made two audit plans:
1. A full audit by SlowMist prior to KiloEx's relaunch: This audit is estimated to take approximately 45 days to guarantee comprehensive security coverage.
2. A preliminary permission audit by SlowMist: SlowMist will initially audit the protocol's permission mechanism to prevent incidents similar to the previous attack. KiloEx will determine whether to relaunch based on the outcomes of the preliminary permission audit. Subsequently, SlowMist will continue with a full audit of the protocol's logic and economic model. The required time is still being assessed but will be notably less than 45 days.
KiloEx is aware of the community's eager desire for a relaunch, so it has decided to opt for option two - conducting an initial permission audit first. Once the audit results are obtained, KiloEx will promptly announce the timeline for the relaunch.
9 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
