A whale withdrew 14,098,000 WLFI from Binance, equivalent to around $2.03 million

**April 2nd Update** U.S. storage-sector stocks traded lower in pre-market, per data from Coinbob Popular Address Monitor (link: https://t.me/Coinbob_track_CN, target="_blank"). Micron Technology (MU) fell nearly 4%, while SanDisk (SNDK) dropped over 4.1%. On Hyperliquid, their current contract prices are $353 and $663, respectively. A short-focused whale dubbed the "Silver Iron Head Air Force" capitalized on SNDK’s brief hit to its weekly high of $707 yesterday to build short positions: - Total deployed: $1.86 million - Average entry: $707.4 (near yesterday’s peak) - Floating profit peaked at $95k (24% return) as pre-market prices slid; ~$498k in profits partially realized so far. Also yesterday, the same address shorted MU at an average $376.2 (during a surge peak) with an initial $1.95 million position. This trade was fully closed for ~$112k in profit.

April 2nd: Per Coinglass data, STO has plummeted 67% over the past 22 minutes. Total liquidations for the token hit $19.77 million in the last hour, including $2.32 million in long positions and $17.44 million in short positions wiped out. Notably, STO briefly spiked to $2.56 on the Aster exchange. At the 17:20 Beijing time price peak, a user’s $7.67 million short position was liquidated at $2.55.

On April 2, per HTX market data, STO has plummeted 60% in the past 15 minutes, currently trading at $0.8, while posting a 211% gain over the past 24 hours.

**OKX to Launch BSBUSDT Perpetual Contract on April 2, 2026 (UTC+8)** Crypto exchange OKX will officially list the BSBUSDT perpetual contract across its web, mobile app, and API platforms at 18:00 UTC+8 on April 2, 2026, per official sources. Block Street is a DeFi protocol that unifies liquidity for tokenized assets, seamlessly bridging on-chain capital with global markets.

On April 2, the General Office of China’s Ministry of Industry and Information Technology (MIIT) issued a notice launching a special action to empower small and medium-sized enterprises (SMEs) through inclusive computing power. Key measures outlined in the notice include: - Innovating the inclusive computing power service model; - Enhancing three dedicated zones (collectively called the SME Platform Zones): the China Computing Power Platform SME Zone, the SME Service Network Computing Resource Matching Zone, and the National Computing Power Internet Service Node Zone; - Promoting precise matching between SME demand and computing power supply, and rolling out flexible billing models such as "Card Hour," "Core Hour," and token-based billing; - Exploring innovative offerings like the "Computing Power Bank" (allowing SMEs to deposit idle computing resources for flexible cross-region and cross-period access) and the "Computing Power Supermarket"; - Implementing the AI SME Entre

April 2nd: Ceasefire expectations dashed, oil prices climb — per Hyperinsight monitoring (https://t.me/HyperInsight). Abraxas Capital, the largest oil position holder on Hyperliquid, has two addresses with **total unrealized losses hitting $9.7 million**. These addresses rolled over leveraged short positions repeatedly at lows overnight and this morning. Their combined USOIL/UKOIL position size totals $159 million, including: - 5x BRENTOIL shorts: $1.02 billion (average price ~$103) - 5x WTIOIL shorts: $569.9 million (average price ~$98.6)