Upbit 24-hour Trading Volume Ranking: XRP, ETH, LAYER Take Top Three Spots

On May 10th, based on Coinglass data, the current funding rates of mainstream CEX and DEX suggest a market bias towards long trades. The specific funding rates for mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism 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 benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

On May 10th, it was reported that the United States has established a priority list for trade negotiations with economies of various scales. The Trump team's list encompasses around 20 economies. The Trump team's priority list for trade negotiations includes countries like Japan, South Korea, and Vietnam. These are major sources of imports for the United States, and countries where Trump hopes to narrow the trade deficit. It also includes relatively smaller partners such as Fiji, Lesotho, and Mauritius. (FX168)

On May 10th, as monitored by OnchainLens, a whale once more deposited $2 million USDC into HyperLiquid (with a total of $17 million). This led to an increase in their short positions on ETH, SOL, and BTC with 3x leverage. Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

On May 10th, based on official data, on the NAVI Protocol platform, the APR for HAEDAL supply has seen a significant increase and is now reported to be 149.375%. The current reserve size of the lending pool is $6.2254 million, and the available liquidity is $5.6114 million.

On May 10th, as per the monitoring of lookonchain, the crypto trader James Wynn has been engaging in trading on the Hyperliquid platform since March 13th. He has achieved a profit of $46.5 million within less than two months. His current positions are as follows: ? Holding 40 times the long position of BTC with an unrealized profit of $5.4 million; ? Having a 10 times long position of PEPE with an unrealized profit of $23.8 million; ? Maintaining a 10 times long position of TRUMP with an unrealized profit of $5.57 million; ? Possessing a 5 times long position of FARTCOIN with an unrealized profit of $5.15 million; ? Having a 5 times long position of HYPE with an unrealized profit of $31,400.

On May 10th, based on farside data, this week the net outflow of the US Ethereum spot ETF was $38.2 million. It includes: a net outflow of $37.2 million for FETH; a net outflow of $4.2 million for ETHA; and a net inflow of $3.2 million for Grayscale ETH.