Garrett Jin has increased his holdings of Hyperliquid's native token HYPE to 184,200 tokens, even as his combined unrealized losses on a long Bitcoin position and a short Zcash position exceed $1.7 million. This move indicates strong conviction in HYPE despite significant risk exposure from his other trades. The losses stem from adverse price movements in BTC and ZEC, with Jin's positions still open on the Hyperliquid perpetuals platform. The outcome depends on future price changes, and Jin's growing HYPE stake could offset some losses if the token appreciates.
Shiba Inu (SHIB) is struggling below key support levels, risking a deeper decline unless it recovers above $0.00000600. XRP faces bearish pressure near $1.30 support, with a possible breakdown if it fails to hold this level. Hyperliquid (HYPE) has su...
Bitcoin ETFs experienced significant outflows totaling $1.26 billion last week, led by Blackrock's IBIT with a $1 billion withdrawal, reflecting broad institutional de-risking. Ether ETFs also saw $216 million in outflows, continuing a downward trend...
Hyperliquid's HYPE token is set for a $500 million unlock this week, releasing 7.88 million tokens that could trigger selling pressure. Despite technical signs of overbought conditions and a recent 37% rally, strong spot buying and whale accumulation...
Hyperliquid's native token HYPE surged over 50% in a month, climbing from under $38 to above $64 and pushing its market capitalization to about $16 billion, surpassing Dogecoin and entering the top 10 cryptocurrencies. This rally was accompanied by a...
NEAR Protocol's price surged about 50% in seven days, reaching a six-month high near $2.34, outpacing most large cap cryptocurrencies. This rally is linked to traders rotating into Arthur Hayes's "holy trinity" of altcoins: NEAR, Hyperliquid (HYPE), ...
