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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

In the past 7 days, #Bitcoin's TVL increased by $3.09B, #Etherum's TVL increased by $2.22B, and #Hyperliquid's TVL increased by $1.87B.

Funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Relevant content

Elaine Hua: In the cryptocurrency world, short-term bullishness and long-term bearishness are the norm; opportunity and trend are core investment factors

On May 30, Richard Li, founder of Liquid Capital (formerly LD Capital), stated that the cryptocurrency industry has long been characterized by short bull runs and extended bear markets. Having navigated multiple such cycles, the firm has naturally adapted to this pattern, and the current cycle is no different. Still, AI is highly disruptive—so it’s only natural for crypto industry insiders to flock to AI. "Opportunity and trend are the core factors of investment," Li noted.

8 minutes ago

A Whale Liquidated $96.74 million Worth of BTC and ETH Short Positions, Profiting $1.87 million

May 29 — On-chain analyst Wu Ji reports a whale trader avoided liquidation by closing out a combined $96.74 million short position in Bitcoin (BTC) and Ethereum (ETH) on Tuesday. The short position was opened the day prior amid the recent crypto price rebound, and the trade netted a total profit of $1.87 million. Trade breakdown: - Bitcoin segment: Sold short 960 BTC across 75,991 positions, closed at $74,159, generating an approximate $1.8 million profit. - Ethereum segment: Sold short 12,600 ETH across 2,033 positions, closed at $2,027, earning a $70,000 profit.

8 minutes ago

Michael Saylor: CFTC New Rule Will Boost Bitcoin Capital Markets

On May 29, Michael Saylor, founder of Strategy, stated in a post that the Commodity Futures Trading Commission (CFTC)’s latest regulatory guidance will accelerate the development of Bitcoin’s capital markets. The guidance will support core elements including 24/7 trading, allowing Bitcoin (BTC) to function as collateral, perpetual contracts, options, and compliant market access for industry participants. Saylor added that these regulatory measures will benefit Bitcoin holders, underpin Strategy’s (ticker: MSTR) Bitcoin-focused strategy, and position STRC to evolve into a Bitcoin-backed digital credit product.

8 minutes ago

Sui Mainnet Restored, Confirms Both Downtimes Stemmed from Same Software Bug

Per an official announcement dated May 29th, the Sui mainnet has resumed normal operations, with transaction processing and full network activity back to standard function. Both today’s incident and the two network outages that occurred yesterday stem from an interaction bug between the "Address Balance" feature launched in version 1.72 and Sui’s gas fee logic. The fix deployed yesterday was a temporary measure to quickly restore network functionality, but carried a documented low-probability risk of triggering a subsequent outage. Today, a variant of this pre-existing issue activated, leading to another temporary mainnet shutdown. Validators have now successfully deployed a permanent fix; the official statement confirms all known issues tied to the original bug have been fully resolved, and the network has returned to normal operation. The Sui team has noted it will release a detailed incident postmortem report shortly, outlining the root cause of the failures and full remediati

8 minutes ago

Iranian Media: Agreement with the United States in Iran Nearing Approval Stage, But Final Decision Not Yet Made

May 29: An agreement between Iran and the U.S. is in the final stages of approval in Iran, though no final decision has been reached yet, according to Iran’s Fars News, per FXStreet.

8 minutes ago

A certain whale made a 25x long position on 12,900 ETH, equivalent to $26.1 million.

On May 29, on-chain analyst Excalibur reported that a crypto whale opened a 25x leveraged long position on Hyperliquid, using 12,900 ETH worth roughly $26.1 million. The trade’s average entry price came to $2,011.7, and its liquidation price sits at just $1,967.1—meaning it’s only a $45 gap from the entry level, an extremely tight safety buffer for such a leveraged trade.

8 minutes ago