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Ripple Prime Integrates Hyperledger, Enabling On-Chain Derivatives Trading

2 hours ago

On February 4, Ripple integrated Hyperliquid—its decentralized derivatives protocol—into Ripple Prime, its institutional-grade brokerage platform, marking the platform’s first direct support for decentralized finance (DeFi). With this integration, Ripple Prime clients can now efficiently manage Hyperliquid’s on-chain derivative positions, plus their risk exposure to centralized crypto markets and traditional assets like foreign exchange (FX) and fixed income, all within a single brokerage framework. Ripple noted that institutional clients using Hyperliquid will only interact with Ripple Prime as their counterparty, with all positions managed under a unified risk and margin system. This step reflects growing institutional participation in the DeFi space, and Ripple Prime intends to expand support for both centralized and decentralized liquidity venues simultaneously going forward.
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A Whale Whacked by a $24.27M Loss After Selling 9,485 ETH at Peak

Per Lookonchain monitoring on February 5th, a whale address (0x66cF) bought 9,485 ETH 5 months ago at the $4,721 peak, spending $44.78 million. One hour before the update, the same address sold all 9,485 ETH at $2,162 each, with a transaction volume of ~$20.5 million—realizing a $24.27 million loss (-54%).

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Bitmine Ethereum Holdings Unrealized Loss Widens to $7.357 Billion, Hitting an All-Time High

On-chain data as of February 5 shows Bitmine holds 4.243 million Ethereum (ETH) tokens, with an average acquisition cost of roughly $3,849. Amid the recent sustained downturn in the cryptocurrency market, ETH has dropped to $2,115, pushing the firm’s ETH holdings to a record-high unrealized loss of $7.357 billion.

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AI Concerns Impact Tech Stocks, Crypto Market, and Mining Companies Collectively Under Pressure

**February 5th Crypto & Market Update** Bitcoin slipped below $74,000 during U.S. stock market morning trading, as the prior day’s rebound from lows quickly fizzled. Tech stocks sold off again, dragging down crypto market sentiment. The Nasdaq 100 extended its weakness, with the software sector tumbling sharply—amplifying worries about the AI industry’s outlook. Crypto mining stocks tied to the AI infrastructure theme dropped in tandem: Cipher Mining, IREN, and Hut 8 all fell more than 10%. Earlier, AMD plunged 14% on weaker-than-expected 2026 performance guidance. On the macro front, U.S. economic data showed divergence: the services sector remained in expansion, but job growth slowed sharply. Some analysts argue the market may be underestimating the Federal Reserve’s potential easing moves in 2026.

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Bitcoin Holdings Strategy's Unrealized Loss Widens to $1.464 Billion

**February 5th** Bitcoin is hovering near $74,000 as the crypto market continues to slide. Unrealized losses at Strategy—the world’s largest Bitcoin reserve firm—have widened to $1.464 billion. Strategy holds 713,502 BTC, with an average purchase price of $76,052 and a total cost basis of approximately $54.26 billion.

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AMD Plunges 16%, Marks Largest Drop Since 2018

Per Bitget market data on February 5, AMD shares extended their decline, with intraday losses briefly widening to 16%—the chipmaker’s biggest single-day drop since 2018. NVIDIA (NVDA.O) shares also extended losses, last trading down 3%.

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Bitcoin Drops Below $74,000 Again

Feb. 5 — Per HTX market data, Bitcoin has once again dropped below $74,000. It was last trading at $73,910, with its 24-hour decline widening to 5.15%.

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