ETH/BTC Exchange Rate Up 2% in the Last 3 Hours

On June 6th, as per the monitoring of OnChainLens, a whale address, which had been silent for 2 years, deposited 4 million USDC into HyperLiquid. In the past 48 hours, it purchased 110,663 HYPE tokens at a price of $36 each, with a total value of $3.98 million.

On June 6th, according to the @pandajackson42 data dashboard, Binance's Alpha trading volume reached $1.85 billion on June 5th. ZKJ's trading volume was $1.33 billion, KOGE's trading volume was $253 million, and TAIKO's trading volume was $37.24 million, with TAIKO leading the pack.

On June 6th, based on HTX market data, Bitcoin saw a rebound and surpassed $103,000. It is now trading at $103,190.

On June 6th, based on the data from the cryptocurrency options trading platform Deribit, a trader paid a premium of more than $2 million on Thursday of this week. With this payment, the trader purchased 61,000 Ethereum call options that are set to expire at the end of June. The strike prices of these options are $3200 and $3400. In theory, when buying the $3200 call option, it is a bet that the Ethereum price will rise from the current $2460 to above $3200 by the end of the month. And by buying the $3400 call option, it indicates an expectation that the price will exceed that level. In other words, the trader foresees a price increase of more than 30% in Ethereum within three weeks. Call options grant the buyer the right (but not the obligation) to purchase the underlying asset in the future at a predetermined price. Call option buyers generally hold a bullish view of the market and pay a premium to obtain asymmetric upside benefits. In this case, the $2 million premium represents th

On June 6th, Mirror Tang, the founder of Web3 security company Salus, posted on social media that since March of this year, Chinese law enforcement agencies have detected three cases of cryptocurrency money laundering carried out using HyperLiquid. The modus operandi entailed leveraging HyperLiquid's high-leverage liquidation mechanism to launder illegal proceeds, offsetting them on HyperLiquid, resulting in liquidation losses. Meanwhile, taking a long position on centralized exchanges to make a profit and completing the fund laundering. Salus will soon release a research article in collaboration with law enforcement agencies to officially disclose this information. Mirror Tang also pointed out that this strategy is highly similar to the recent actions of the whale James Wynn, who opened high-leverage contracts and ultimately withdrew $100 million in profit. Mirror Tang called on Hyperliquid co-founder Jeff to pay attention to this issue, stating that the failure to address the lack

On June 6th, according to official information, Skate (SKATE) is going to be listed on Binance Alpha, and contract trading in the U.S. will be made available.