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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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On-chain Whale TWAP Order Sells 115,000 HYPE Tokens, Worth Approximately $5 million

April 27 — Per Hyperinsight monitoring (via Telegram @HyperInsight), the 0xa445a0a15b1d50fa0c4bfe6796d9447e0da5329d address on Hyperliquid launched a large Time-Weighted Average Price (TWAP) sell of spot HYPE over the past 4 hours. The activity kicked off after HYPE surged above $42, with 5 separate sell orders totaling 115,470 tokens — valued at roughly $5 million at current market rates. If the sell completes, the address’s spot HYPE holdings will drop to around $4 million. Additionally, the address holds small HYPE short positions and has set a market buy order at $41.5 to close those shorts.

7 minutes ago

APE Whale Wallet Adds to LDO Long Position, Increasing Holding Value to $4.58 million

April 27th — Per LookOnChain monitoring data, an address that previously netted over $2 million from an APE flash loan attack has continued to ramp up its long position in Lido (LDO). The address now holds 10.26 million LDO in long positions, valued at roughly $4.58 million. Overnight, the address opened 5x-leveraged long positions on LDO via two wallets, triggering a sharp price surge for the token.

7 minutes ago

Largest BTC Short Squeeze of $10 Million Scale Hits, Liquidation Price at $80,900

April 27: Per HyperInsight monitoring (Telegram: https://t.me/HyperInsight), on the Hyperliquid platform, among tens of millions of dollars in BTC short positions, the address closest to liquidation is a whale starting with 0xbac—with a liquidation price of $80,929. Last night at 10 PM, the whale opened a 40x leveraged BTC short position, going against the trend just before the start of the current price rally. The position currently holds 175 BTC (approx. $13.8 million in size), with an entry price of $77,915 and a 54% unrealized loss. In the past half hour, the whale has placed a market order to liquidate the position via stop-loss if BTC falls back to $78,129. Full address: 0xbac2d8e1e3ef8cba378564667be59a2e2d8ed897

7 minutes ago

Western Union to Launch USDPT Stablecoin Next Month, Plans to Issue Stablecoin Payment Card

On April 27th, Western Union confirmed that during its CEO’s announcement at the first-quarter earnings conference call on April 24th, the money transfer giant will launch its stablecoin USDPT next month. Additionally, Western Union will roll out a network integrating digital wallets with its existing retail infrastructure, and plans to release a stablecoin payment card—dubbed Stable Card—to global consumers.

7 minutes ago

Iranian Foreign Minister: Iran and Oman to Continue Expert-level Talks on Hormuz Strait

April 27 – Iranian Foreign Minister Araghchi: Iran has struck an agreement with Oman to continue expert-level talks on the Strait of Hormuz. (FXStreet)

7 minutes ago

Huobi Responds to Investment in Kimi: Backed a Chinese-founded AI Company

April 27: He Yi addressed previously swirling rumors about Binance investing in Kimi in a post on X, writing, “Originally, it’s a Chinese-founded AI company.” Earlier, a Tencent News “DeepHorizon” report noted that during the 2026 Hong Kong Web3 Carnival, He Yi told a small circle of KOLs she and CZ’s family office, YZi Labs, had invested in a Chinese large-scale AI model firm—but didn’t name the specific company.

7 minutes ago

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