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MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

2025.04.18 13:32:15

On April 18th, JP Mullin, a co-founder of MANTRA DAO, launched a Twitter poll to seek feedback on the execution method of the team token burn. He stated, "After announcing the intention to burn all team-held tokens, we have received a significant amount of feedback from the community, investors, and others in the past few days. This decision is for the benefit of the community, and the poll is to understand everyone's views and attitudes on how to implement this." The poll presented four options: immediate full burn, annual extension of the vesting period, transfer to a community multisig wallet, and gradual unlocking over time.
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Circle Co-Founder Allaire: The proxy economy must be built on software currency and on-chain governance.

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The Bank of Korea forecasts that the AI-driven chip supercycle will persist, refuting concerns of a peak.

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US-listed SK Hynix (SKHY) briefly dipped below $160, with the holder of SKHY’s largest long position incurring an unrealized loss of $1.4 million on their $10 million position.

According to Hyperinsight’s monitoring, U.S. stock SK Hynix (ticker: SKHY) on Hyperliquid has plunged from around $171.61 today, briefly falling below $160. The largest SKHY long position holder on the platform—an address starting with 0xd52—currently holds a 3x isolated long position in SKHY on Hyperliquid, with a notional size of approximately $27.986 million. As of press time, this long position is showing an unrealized loss of ~$1.433 million (return rate: ~-14.6%), with an average entry price of $169.9468 and a liquidation price of $97.85. - The HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.

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Nanfang Double Long SK Hynix ETF Falls Over 21% Intraday

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SK Hynix dropped more than 9.6% after a whale that profited from both long and short trades saw its two major long positions post an unrealized loss of $1.8 million.

According to monitoring by ai_9684xtpa, SK Hynix’s stock price has dropped by over 9.6%. The "smart money" address that had previously accumulated more than $5.293 million in profits via US stock long-short trading is now starting to unwind its gains. The address currently holds two long positions in the semiconductor storage sector: a 2x long position in Micron (MU) valued at $9.41 million, with an entry price of $1,005.1, posting an unrealized loss of $620,000; and a 2x long position in SK Hynix (SKHX) worth $8.85 million, with an entry price of $1,494.5, currently incurring an unrealized loss of $1.18 million. The combined unrealized loss of the two stock long positions totals approximately $1.8 million.

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