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The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

2025.01.10 18:03:17

The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

Co-hosted by Animoca Brands, 706 Youth Space, and IDA, with support from Followin, Amber.ac, and Lookonchain, the event will feature the Virtuals Protocol team discussing the revolutionary impact of AI Agents.

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A certain BTC whale was liquidated for $2 million during a price swing, and promptly re-entered a short position with 40x leverage.

April 20 — Data from HyperInsight Monitoring (https://t.me/HyperInsight) shows that during a sharp price fluctuation in the past hour, a crypto whale with the address starting with 0x70f had 26.8 BTC worth of short positions liquidated, valued at roughly $2.02 million. This marks the largest liquidation in this price move. Post-liquidation, the address immediately deposited additional funds into Hyperliquid and reopened a 40x-leveraged short position on BTC. Current position details: $1.36 million in size, average entry price of $75,096, and liquidation price of $75,651. Address: 0x70f71fb10061671d0120668f2d28900c05050963

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Iran: Normalizing Hormuz Navigation Currently Not Feasible

**Iranian Foreign Ministry Spokesperson Baghaei said April 20 that the root cause of the Hormuz Strait crisis is military aggression by the U.S. and Israel, and the two countries must directly bear responsibility for the current situation.** **Citing repeated U.S. violations of ceasefire agreements and threats to Iranian ports and vessels, Baghaei noted the current situation remains a "state of war." Unilateral navigation normalization is therefore impossible, he added—ongoing security concerns have prompted insurance companies and cargo owners to avoid passage through the region.** **Iran has proposed a new security agreement aimed at ensuring long-term regional security and preventing future acts of aggression, he said. (FXStreet)**

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The VIX Fear Index reversed higher after an eight-day losing streak, hitting a new high for the week.

On April 20th, the CBOE Volatility Index (VIX)—the market’s so-called “Fear Index”—turned higher after falling for eight straight trading days. As of the latest data, it was up 2.43 points at 19.91, marking a new weekly high.

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Iran: Unilateral Restoration of Hormuz Strait Traffic Currently Infeasible

April 20 — Iranian Foreign Ministry Spokesman Saeed Khatibzadeh stated that unilaterally normalizing shipping in the Strait of Hormuz is impossible, as the U.S. has violated the nuclear deal and threatened Iranian ports and vessels.

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Trader "Loracle" initiates a preliminary HYPE short position, with an average entry price of $41

**April 20 Update** According to HyperInsight monitoring (via https://t.me/HyperInsight), the Hyperliquid early contributor Loracle address (0x8def...) has opened a 5x leveraged short position on HYPE within the past 10 minutes. The position totals 29,000 tokens (~$1.2 million) at an average entry price of $41.04—and as of press time, it is still being expanded. ### Context This address is an early Hyperliquid ecosystem contributor and the founder of Hypurrfun. During HYPE’s recent uptrend from $20, it held a large long position that once exceeded $40 million in size. **Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae**

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U.S. Stock Oil Company Pre-market Gain, Exxon Mobil Up 2%

April 20: U.S. oil stocks rose in pre-market trading, per Bitget market data. Gainers included Exxon Mobil (+2%), Chevron (+1.5%), ConocoPhillips (+2.7%), Diamondback Energy (+2.6%), Devon Energy (+2.6%) and Occidental Petroleum (+2.5%). On the news front, Iran’s Foreign Ministry denied the possibility of a second round of negotiations, as the Strait of Hormuz remains closed.

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