HYPE whales start cashing out, with over $20 million in spot assets being sold continuously.
According to monitoring by TradingBeats (formerly Hyperinsight), a HYPE spot whale with an address starting with 0x0a84 has been continuously reducing its positions today. Between 9:49 and 13:49 Beijing time, it sold a total of 11,113 HYPE for approximately $893,200, at an average execution price of around $80.37. In the past half hour, the address sold an additional 1,588.95 HYPE, generating ~$128,400 in turnover. The latest sell occurred at 13:49, after which it still placed a spot sell order for 26.14 HYPE at $81.055, meaning the position reduction has not yet fully halted. The completed sales have yielded a total profit of ~$429,700, with fees of about $221. As of press time, the address still holds 247,555.22 HYPE, valued at roughly $20.059 million, and its remaining spot holdings are approximately 22 times the amount sold in this 4-hour period. Additionally, on-chain Perpetual (Perp) and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, tracing whale operations from addresses, and providing in-depth analysis at a glance.
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Chairman of Alipay: Cryptocurrency, as a payment medium, has become one of the exploration paths for AI payments.
According to Caixin, Han Xinyi, CEO of Ant Group and Chairman of Alipay, delivered systematic insights on the global exploration path of AI-powered payments at the China Payment Clearing Forum. He noted that AI payments have basically formed four exploration paths: payment technology and infrastructure platforms represented by Stripe; crypto enterprises represented by Circle and Coinbase, which mainly rely on stablecoins and their wallet systems, use cryptocurrencies as payment media, and directly support automated machine-to-machine payment scenarios; traditional payment networks represented by the two major card organizations (Visa, Mastercard); and AI platform enterprises such as Google and OpenAI.
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ZEC privacy transaction generation time is expected to be reduced from 3 seconds to under 200 milliseconds.
Zcash’s development team has launched the open-source cryptographic toolkit Zakura Common, which cuts the time required for a wallet to generate a privacy transaction from over 3 seconds to under 200 milliseconds in some scenarios. According to Zakura, the new code delivers more than 14x faster processing on mobile devices, over 5x on desktops, over 21x faster hashing, and node verification of privacy transactions is 4 to 8x faster. The toolkit does not require an upgrade to the Zcash network, allowing wallet developers to adopt it directly. Zakura has integrated the new technology stack in its version 1.3.0, and Vizor Wallet is among the first wallets to use this technology.
2 minutes ago
The third-largest ETH long on Hyperliquid, dubbed the "20x ETH leverage whale", added 5,088 ETH to its long position in the early hours of the morning.
According to TradingBeats monitoring, the "20x ETH long whale" added consecutive ETH long positions in the early hours of today, totaling approximately 5,088.97 ETH at an average price of ~$2,449.18, with a notional value of around $12.46 million. As of press time, the address holds 30,282.40 ETH in long positions worth ~$73.14 million, ranking as the third-largest ETH long on Hyperliquid. Its average entry price is $2,134.45, with an unrealized profit of roughly $8.508 million and a liquidation price of ~$1,749.24. The whale’s current ETH long positions were first opened on the evening of August 19, when the average entry price was ~$2,028.14. Additionally, the address has placed a reduce-only limit sell order for 25,193.44 ETH at a price of $4,000.
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Whale Tracking: Following oil prices' sharp rally, smart money is doubling down on extreme bets, still expecting crude oil to break $100 and taking 50x leveraged short positions on the S&P 500.
According to monitoring by TradingBeats (formerly Hyperinsight), as WTI crude oil rallied sharply overnight, Polymarket trader "tetrose" continued adding to its tail bets that WTI would hit $90, $95, and $100 before the end of August. Between 3:35 AM and 4:07 AM on August 31—during the crude oil rally—it completed six consecutive buy orders, adding roughly $3,182 in total. At execution, the implied market probabilities for the $90, $95, and $100 targets were approximately 3.63%, 1.50%, and 0.70% respectively; current probabilities stand at 4.5%, 1.6%, and 0.5%.
tetrose’s total cost for its three Yes positions is around $38,900, while their current value is only about $8,291, translating to an overall unrealized loss of roughly $30,600, or 78.7%. The $95 position alone has an unrealized loss of approximately $26,900.
Following the oil price rise, this morning, an address linked to tetrose took profit on 5,349.14 long Brent crude contracts, then placed a buy order for 3,618.13 contracts at $88.7, planning to re-open long positions if prices pull back, with a total value of about $320,900. The order was not filled due to crude oil’s continued rally and was canceled at 1:22 PM.
Meanwhile, its short S&P position opened on August 28 remains fully intact. The address is currently shorting 274.773 SP500 contracts with 50x full leverage, holding a position worth roughly $2.113 million, an average entry price of 7759.6 points, and an unrealized profit of around $19,200. It has set a take-profit order covering the entire position at 7600 points.
Historical records show "tetrose" has 274 settled positions tied to crude oil prices and geopolitical themes including Iran and the Strait of Hormuz, with 150 profitable and 124 losing trades, a win rate of about 54.7%, and cumulative net profit of approximately $641,900.
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