SK Hynix Jumps to the Top Spot on Hyperliquid, with the Contract Surging an Additional 4% in After-Hours Trading
June 8: Per Hyperinsight’s monitoring, in the past 24 hours, SK Hynix’s contract trading volume on Hyperliquid reached $147 million, ranking as the highest-volume asset only second to U.S. stock indices. Its open interest volume stood at $97.7 million.
After SK Hynix (KRX: 000660) closed at 2:30 PM Beijing time, the corresponding contract on Hyperliquid rose 4% during after-hours trading, hitting a high of $1,300 and currently trading at $1,286.
Earlier, Korean AI chip stocks faced heavy sell-offs, but after Nvidia and SK Hynix announced a long-term technology partnership, market sentiment improved, leading to a rebound in stock prices.
Additionally, HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram community, grant it admin privileges (with message-sending permission enabled), and it will automatically sync on-chain information.
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A certain new address withdrew 82,000 HYPE coins again, accumulating 1.14 million HYPE coins in the past week.
June 8 — According to monitoring by LookOnChain, the newly created wallet address '0x6436' has once again withdrawn 82,089 HYPE tokens (worth $5.16 million) from the exchange over the past two hours. Over the past week, the wallet has cumulatively withdrawn 1.14 million HYPE tokens (valued at $79.22 million) from the exchange and staked the full amount on Hyperliquid.
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Cardano Foundation's 1090 BTC Turns Into "Confused Account," Prominent Creditors' Rights Investor Calls for Public Disclosure of Fund Usage
June 8th. Thomas Braziel, a cryptocurrency bankruptcy creditor, posted on social media, stating that per Isle of Man company registration filings and Cardano’s official website, the predecessor to the Cardano Foundation – the Isle of Man Foundation – was set up during the 2015 ICO. Cardano founder Charles Hoskinson served as a supervisor for the foundation, which received roughly 1,090 Bitcoin (BTC). Now that the foundation was dissolved in December 2025, Braziel is calling for full public disclosure of the BTC’s whereabouts and the foundation’s governance documents. He clarifies he is not currently alleging any misconduct, only requesting greater transparency. As of press time, the Cardano team has not issued a response.
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Analyst: Long-Term Holder Bitcoin Continues to Flow Back to CEX, Bitcoin May Struggle to Sustain Rally
June 8th: Analyst Shayan cited CryptoQuant data, reporting that the "Spent Output Age Bands" on-chain platform chart shows a sharp uptick in old coins flowing into exchanges—especially holdings that have been dormant for 3 to 6 months and 6 to 12 months. The recent inflow spikes rank among the largest peaks ever logged on the chart, and all aligned with extended periods of Bitcoin price decline.
Historically, large inflows of coins from long-term holders to exchanges have often signaled intensifying sell-off activity: coins dormant for months are being moved to exchanges, likely for imminent sale. While individual spikes don’t guarantee further price drops, repeated inflow surges during a bear market typically reflect waning confidence among holders.
The latest data shows mid-term holders have grown more active amid the recent pullback. If these inflows persist, they will keep exerting selling pressure, making it challenging for Bitcoin to sustain a short-term recovery. Overall,
4 minutes ago
Bybit removes SpaceX On-Chain IPO Subscription Cap, Opening Participation to All Users
June 8 — Per official statements, crypto trading platform Bybit announced the upgrade of its on-chain stock IPO subscription product, Bybit IPO Express, making it accessible to all eligible users with no prior subscription limits or user tier-based restrictions. Participants can now subscribe freely based on their individual investment needs.
The upgraded offering includes tokenized IPO subscriptions for SpaceX in collaboration with xStocks. This makes Bybit one of the world’s first centralized exchanges (CEXs) to provide tokenized IPO access at primary market pricing, expanding the on-chain stock asset trading landscape. The tokenized SpaceX shares issued here are fully backed by the xStocks issuer, pegged 1:1 to actual equity, and meet institutional-grade regulatory compliance standards.
SpaceX xStocks IPO Subscription Timeline:
- Registration & Subscription Period: June 7 – June 11
- Allocation Period: June 11 – June 12
- Spot Trading Launch: June 12
4 minutes ago
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