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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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Iran's Revolutionary Guard Corps Says Resistance Front Issued Warning to Vessels in Strait of Hormuz

April 17 – Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a social media statement early on the 17th, noting a Resistance Front commander has issued a severe, unprecedented warning to all commercial and military vessels in the Strait of Hormuz. The warning reads: “Starting tomorrow at noon, anyone planning to transit the Strait of Hormuz must exercise extreme vigilance.” The statement adds the Strait of Hormuz is moving into a new phase of military tension.

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A cluster of addresses believed to belong to the same entity has increased its HYPE holdings by 590,000 tokens 6 hours ago, bringing its total holdings to 4.11 million HYPE.

On April 17, data from OnChain Lens monitoring shows an address purchased 590,900 HYPE tokens via Galaxy Digital’s OTC wallet, totaling $25.92 million. Separately, a cluster of six wallets—believed to be controlled by the same entity—collectively hold 4,114,234 HYPE tokens, valued at roughly $180.53 million. All these wallets received their HYPE tokens through Galaxy Digital’s OTC channel.

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A new address has deposited 7.45 million U to buy HYPE on HyperLiquid.

On April 17, Onchain Lens data indicates a newly created wallet address deposited $7.45 million in USDC into HyperLiquid, purchasing 169,838 HYPE tokens at $43.86 each. Of those tokens, 10,000 HYPE were staked.

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The US government address sent 8.2 bitcoins to Coinbase Prime 9 hours ago

April 17th — Per Arkham Monitoring, the U.S. government transferred roughly 8.2 bitcoins (valued at ~$600,000) to Coinbase Prime 9 hours ago. These assets were seized from Bitfinex hacker Ilya Lichtenstein.

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SIREN Surges 140% in 24 Hours to Return to Highs, Suspected Whales Reaccumulate Over 93% of the Token

On April 17th, on-chain data analyst Yu Jin noted that the whale responsible for manipulating the SIREN token has withdrawn the tokens it dumped earlier this month, reclaimed control of over 93% of the token supply, and resumed market manipulation. Per HTX data, SIREN briefly surged above $2 and is now trading at $1.98—up more than 1300% from its monthly low.

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Trump: My speeches often roil the market, sometimes requiring Bezos to reassure

On April 17th, President Trump lauded Treasury Secretary Steven Mnuchin, saying: “Mnuchin’s work is really excellent. When he speaks, the whole market calms down. But when I talk, the market tends to get a bit jittery. So sometimes I tell him, ‘Go ahead, Mnuchin—clean up the stage for me!’” (Source: FXStreet)

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