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On-chain Meme Coin FLORK on the Ethereum blockchain briefly surpasses a $10 million market cap, with a 24-hour price surge of 1800%.

2 hours ago

On April 22, GMGN monitoring data shows that the market capitalization of FLORK—an Ethereum-based meme coin—surged from $120,000 this morning to over $10 million in a short span, peaking at $10 million. It currently sits at $7.2 million, with a 24-hour gain of 1,800% and a corresponding trading volume of $8.7 million. BlockBeats reminds users that meme coin trading is highly volatile, primarily driven by market sentiment and hype, with no actual intrinsic value or use case. Investors should be aware of the associated risks.
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HYPE seesawed around the $40 level, with the latest whale entry initiating a 5x leveraged short position.

On April 22, per HyperInsight monitoring (link: https://t.me/HyperInsight), HYPE rebounded to around $40 and fluctuated this morning following a market uptick, with a 3% drop over the past 24 hours. A new whale address (0xec8) on Hyperliquid opened a 5x leveraged short position on HYPE in the past hour, with an average entry price of $40.04, a liquidation price of $46.6, and a position size of approximately $3.38 million. Additionally, among whales that opened positions today, the address (0x4a8) has the closest distance to its liquidation price. It opened a long position at an average price of $39.64 at 1 a.m. — this position will trigger liquidation if HYPE rises to $41.6. Address: 0xdf86c7c9069e9bd5bac9d97e21f9aa10f728fb86

37 minutes ago

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $11.8 million, while the Ethereum Spot ETF saw a net inflow of $43.4 million.

April 22nd — Per Farside monitoring, U.S. Bitcoin spot ETFs registered a net inflow of $11.8 million yesterday (April 21st), with the following breakdown: - BlackRock IBIT: +$39.3 million - Fidelity FBTC: -$6.6 million - Bitwise BITB: -$12.7 million - ARK ARKB: -$14.5 million - VanEck HODL: -$4.3 million - Morgan Stanley MSBT: +$10.8 million - Grayscale GBTC: -$17.5 million - Grayscale Bitcoin Mini BTC: +$17.3 million U.S. Ethereum spot ETFs, by contrast, posted a net inflow of $43.4 million yesterday, with the breakdown below: - BlackRock ETHA: +$37 million - BlackRock ETHB: +$15.5 million - Fidelity FETH: -$2.9 million - Bitwise ETHW: +$2 million - Grayscale ETHE: -$12.1 million - Grayscale Ethereum Mini ETH: +$3.9 million

37 minutes ago

Trump: Iran's Finances on the Brink of Collapse, Desperately Needs to Open the Strait of Hormuz

April 22 — Trump said in a social media post that Iran’s finances are on the brink of collapse. He claimed Iran needs to open the Strait of Hormuz urgently due to a severe financial shortage, with the country losing $500 million a day. Military and police personnel are also voicing complaints over unpaid wages.

37 minutes ago

The Whale has set 10 major goals and is currently in a long position on Bitcoin, with a realized profit of $1.226 million, at an entry price of $75,731.

On April 22, on-chain analyst AI Auntie (@ai_9684xtpa) reported that the contract whale "Set 10 Big Targets First" reopened a long position today, realizing a $1.226 million profit. The entry price was $75,731, with a total position of 717.491 BTC—valued at roughly $55.6 million.

37 minutes ago

An address that spent only 1.9 ETH to purchase 440.3 billion FLORK tokens three years ago, is now worth $352,000.

On April 22nd, LookOnChain monitoring data shows that an address spent 1.9 ETH (worth approximately $3,941 at the time) to purchase 440.3 billion FLORK on April 18, 2023. After holding the tokens for over three years, the holdings are now valued at $352,000—but the address has been inactive for 976 days.

37 minutes ago

Aave's TVL Depletes by Around $15.1 Billion over 3.5 Days, with Some Funds Flowing into Spark

April 22 — On-chain analyst Yu Jin reports that capital outflows from Aave have persisted since the rsETH incident. Aave’s total value locked (TVL) has dropped from $485 billion to $307 billion, with roughly $15.1 billion exiting over the past 3.5 days — a nearly one-third decline. Performance across other major lending platforms has diverged: - Morpho’s TVL fell from $117 billion pre-incident to $102 billion, totaling outflows of ~$1.5 billion. - Spark’s SparkLend saw its TVL rise from $19 billion pre-incident to $32 billion, posting a countertrend gain of ~$1.3 billion. Spark has attracted some whales and institutional funds that withdrew from Aave, including Justin Sun and a whale that accumulated $5 billion during a February bottom this year.

37 minutes ago

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