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PUMP's Hyperliquid Pre-market Funding Rate Flips from Positive to Negative as Short Interest Begins to Build

7 hours ago

On July 13th, based on market data, the funding rate of PUMP on the Hyperliquid pre-market contract has shifted from positive to negative. The current funding rate stands at -0.0017%. There is an emerging bearish momentum. It is reported that the current open interest of PUMP on Hyperliquid is $3.68 billion, and the 24-hour trading volume exceeds $6.43 billion. The current open interest of PUMP on Binance is $1.35 billion, and the 24-hour trading volume exceeds $13.41 billion. The funding rate remains positive, and the whale ratio based on the position size is 1.24, suggesting that long positions still hold a dominant position.
Relevant content

Trade Analyst: Trump Letter May Strengthen EU Retaliation Belief

July 13th. Dan Mullaney, who used to be the Assistant U.S. Trade Representative for Europe and the Middle East, expressed his belief that Trump's message to the European Union was intended to prompt the EU to reach a more favorable deal. In May, Trump had previously threatened to impose a 50% tariff on the EU, and this move seemed to accelerate the negotiation process. However, Mullaney pointed out that this letter might inspire those within the EU who are inclined to take retaliatory measures, as they think the U.S. is not truly committed to reaching an agreement. He stated, "These individuals will feel that their viewpoints are reasonable." (FXStreet)

2 minutes ago

The 1inch team sold 904,000 1INCH tokens from their investment address at an average price of $0.33.

On July 13th, according to EmberCN's monitoring, 20 minutes ago, the investment fund of the 1inch team sold 904,000 1INCH tokens on-chain at a price of $0.33 and converted them into 298,000 USDC. Just 3 hours ago, they also transferred in 2 million USDC to Binance. "It is worthy of attention whether they will continue to sell and withdraw 1INCH from Binance in the future."

2 minutes ago

Fed Former Governor: Fed Should Cut Interest Rates Now

July 13th - Former Fed Governor Warsh expressed that the Fed should now reduce interest rates. When offering his remarks on the renovation of the Fed building, he stated that it was extremely astonishing. (Xinhua Finance)

2 minutes ago

PENGU Surges Above $0.03, Market Cap Reaches $1.752 Billion

On July 13th, based on HTX market data, PENGU has surpassed $0.03. Its market capitalization has reached $17.52 billion, and it has witnessed a 24-hour price increase of 35%.

2 minutes ago

Strategy Bitcoin Holding Unrealized Gain Surpasses $28.7 Billion

On July 13th, the Strategy currently holds 597,325 bitcoins. The total acquisition cost is approximately $42.4 billion, with an average price of about $70,982 per bitcoin. According to the HTX market data, BTC is currently trading at $119,081. Based on this, the Strategy's bitcoin holdings are currently showing an unrealized gain of approximately $28.731 billion.

2 minutes ago

A certain whale has a Bitcoin short position with an unrealized loss of $12.84 million, with a liquidation price of $126,480.

On July 13th, as monitored by crypto analyst AI Yi, the "Whale Who Has Shorted BTC Four Times Since 2025.03" is currently in a 40x short position with an unrealized loss of $12.84 million. His entry price was $107,973.5, and the liquidation price is $126,480. He added 5.5 million USDC to support the position the day before yesterday, so there is still some distance before liquidation.

2 minutes ago