News linked to this event type.
According to data from Trader T (@thepfund), yesterday’s Bitcoin spot ETFs recorded a net outflow of $100.81 million. BlackRock’s IBIT accounted for an outflow of $103.64 million—the largest outflow among all ETFs that day. Ark’s ARKB saw a net inflow of $2.83 million. Fidelity’s FBTC, Bitwise’s BITB, Morgan Stanley’s MSBT, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW, Grayscale’s GBTC, and Grayscale’s Mini BTC all registered zero net flows for the day.
According to The Block, Ethereum Layer 2 project Zero Network has announced its imminent official shutdown—just about 1.5 years after launch. Launched by the Zerion team in November 2024, Zero Network positioned itself as the first EVM-compatible rollup offering fully gas-free transactions, aiming to lower barriers to entry and drive mainstream adoption. The team stated it will now focus its resources on Zerion’s API and wallet business. Users must bridge their NFTs, ETH, and other tokens out of the Zero Network by the end of July; the bridge’s deposit functionality is currently suspended.
According to on-chain analyst PeckShield (@PeckShieldAlert), the VerusCoin cross-chain bridge attacker has returned 4,052.4 ETH (approximately $8.5 million) to the project team’s address (0xF9AB...C1A74), representing 75% of the total stolen amount. The remaining 25% (1,350 ETH, approximately $2.8 million) is retained in the attacker’s wallet as a white-hat bounty.
According to Bits.media, Ivan Chebeskov, Deputy Minister of Finance of Russia, stated that the final version of the government’s cryptocurrency market regulation bill will retain the prohibition on transfers from locally hosted wallets to unhosted wallets abroad, with more lenient conditions applicable only to participants in foreign trade activities. Officials noted that after the bill formally enters into force, authorities may explore use cases for certain unhosted wallets within an experimental framework; however, related discussions remain ongoing. The final version of the bill is expected to be completed next week and is likely to complete the legislative process before the end of the current State Duma’s spring session. Under the bill, starting July 2026, individuals and enterprises in Russia will only be permitted to legally purchase digital assets through licensed brokers, trust managers, or exchanges registered with the Central Bank of Russia, while access to foreign cryptocurrency platforms complying with sanctions against Russia will be restricted.
According to monitoring by on-chain analyst Yujin @EmberCN, approximately 7 hours ago, a batch of addresses suspected to be related to Polychain unstaked and redeemed 122 million EIGEN from the EigenCloud (formerly EigenLayer) staking contract, valued at approximately $23.88 million. This represents 16.5% of EIGEN's current circulating supply.Currently, the relevant EIGEN remains in these addresses and has not been further transferred. Yujin stated that these tokens originated from investment allocations in 2024, with Polychain being one of the early lead investors in EigenCloud.
According to on-chain analyst Onchain Lens (@OnchainLens), the well-known whale Whale Evaded (@ICanPlug) has increased their 25x leveraged long ETH position to 18,100 ETH (approximately $38.5 million), while maintaining their 10x leveraged long positions in ZEC and HYPE. Their current unrealized profit exceeds $7.6 million.
According to on-chain analyst Onchain Lens (@OnchainLens), two newly created wallets received a total of 1,309 BTC (approximately $101.6 million) from Galaxy Digital and FalconX. One of these wallets currently holds 1,583.6 BTC across two addresses—valued at approximately $124.4 million—indicating clear whale accumulation behavior.
According to The Block, JPMorgan analysts noted in their latest report that tokenized money market funds currently account for only about 5% of the stablecoin market size and are expected to continue growing—but unless there is a significant shift in the regulatory environment, they are unlikely to surpass a market share ceiling of 10%–15%. The analysts believe stablecoins remain the preferred cash instrument in the crypto ecosystem due to their widespread use in trading, settlement, cross-border payments, and liquidity management. In contrast, tokenized money market funds—classified as securities—are subject to structural regulatory disadvantages, including requirements for registration, disclosure, and transfer restrictions, making them difficult to circulate freely within on-chain ecosystems. Although the U.S. SEC has introduced streamlined processes for issuing on-chain money market funds, JPMorgan analysts view this as only a “marginal improvement,” insufficient to fundamentally alter the market dynamics between these two asset classes.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale associated with a16z purchased an additional 261,250 HYPE tokens (approximately $15.2 million) within the past hour. Since April 14, this whale has accumulated a total of 3.17 million HYPE tokens, spending roughly $148.5 million at an average price of $46.8 per token, with an unrealized profit of approximately $33 million as of now.
According to on-chain analyst Onchain Lens (@OnchainLens), Loracle (@loraclexyz) has deposited 616,670 $HYPE tokens (approximately $36 million) into HyperLiquid and has begun selling them; only 78,000 $HYPE remain unsold. Its 5x-leveraged $HYPE short position is currently floating at a loss of $23 million, with a liquidation price of $83.34.
Odaily Odaily Planet Daily reported that according to Onchain Lens monitoring, trader Loracle (@loraclexyz) has deposited 616,670 HYPE into HyperLiquid, worth approximately $36 million, and has begun selling, with only about 78,000 HYPE remaining for sale.In addition, the floating loss on his 5x leveraged HYPE short position has now expanded to $23 million, with a liquidation price of $83.34.
analysts from CryptoQuant have pointed out that, based on a comprehensive review of multiple miner indicators, Bitcoin miners have not yet exhibited behavioral characteristics that "confirm a market bottom," and are currently in a phase of waiting and cautious adjustment. Meanwhile, the Miner Position Index (MPI) remains in negative territory, indicating that current selling intensity is below historical averages. Miners are not in a panic-selling phase but are engaging in "passive selling" primarily to maintain cash flow, suggesting that the probability of an extreme short-term decline is relatively limited. Additionally, the Puell Multiple remains below 1, further indicating that miner revenues are at historically weak levels, and overall profitability is under pressure. However, the strong accumulation behavior typically seen at cycle bottoms has not yet appeared.The analysis suggests that miners are currently in a "waiting phase," having neither triggered a capitulation-style sell-off nor entered an active accumulation cycle. This resembles a typical transitional state before a market bottom forms. Overall, while selling pressure from miners has eased, on-chain structures still show short-term supply pressure exists. Bitcoin is expected to continue its range-bound consolidation pattern, and market sentiment is likely to remain cautious in the near term.
Odaily reports, according to Lookonchain monitoring, "1011 Insider Whale" representative Garrett Jin has just deposited 30 million USDC into Hyperliquid.
According to Lookonchain monitoring, US Bitcoin ETFs recorded a net outflow of 942 BTC today, valued at $72.66 million, with a 7-day net outflow of 15,915 BTC, valued at $1.23 billion; Ethereum ETFs saw a single-day net outflow of 15,222 ETH, valued at $32.44 million, with a 7-day net outflow of 114,871 ETH, valued at $244.79 million; Solana ETFs recorded a single-day net inflow of 8,312 SOL, valued at $723,000, with a 7-day net inflow of 203,326 SOL, valued at $17.69 million.
According to on-chain analyst Ember's monitoring, HYPE’s largest short, loracle.hl, is not simply shorting HYPE naked. The short position serves as a hedging operation for the 2.1 million HYPE (worth $127 million) he holds. After HYPE hit a new high, he also began selling the HYPE spot he holds: 20 minutes ago, he transferred 557,000 HYPE (worth $33.35 million) from the HyperEVM chain to Hyperliquid, and is currently in the process of selling. He still holds approximately 1.667 million HYPE (worth $105 million) on the HyperEVM chain.
According to Hyperbot data, Loracle, an early contributor to Hyperliquid, has been continuously reducing its HYPE short positions. It currently holds a 5x leveraged HYPE short position of 1,832,858.99 HYPE, with an unrealized loss of approximately $27.9 million and a liquidation price of $74.1.
According to on-chain analytics platform Lookonchain (@lookonchain), Grayscale has acquired an additional 115,733 HYPE tokens—worth $6.65 million—in the past hour. Over the past week, Grayscale has purchased a total of 682,190 HYPE tokens, valued at $34.9 million.
According to on-chain analyst Onchain Lens (@OnchainLens), as HYPE hits a new all-time high, Loracle (@loraclexyz) has increased its 5x leveraged short position in HYPE to 1.82 million HYPE tokens—valued at approximately $109.5 million—resulting in a floating loss exceeding $26.5 million.
Odaily Odaily News According to on-chain analyst Yu Jin, HYPE's largest short, loracle.hl, has incurred an unrealized loss of $25.9 million: He opened a short position of 1.82 million HYPE ($108 million) at a price of $45.1, with the latest liquidation price at $68.8. HYPE's largest long, on the other hand, has an unrealized gain of $28.64 million: He opened a long position of 1.38 million HYPE ($82 million) at a price of $38.6 last November, and has held the position for 7 months.
According to monitoring by on-chain analyst Ai Yi, the 1011 whale, which experienced $230 million in liquidations, has deposited another 9 million USDC into Hyperliquid. Since yesterday, cumulative deposits have reached $19.01 million:1. Placed a buy order for HYPE: Plans to purchase $1.15 million worth of HYPE within the [$49.725 - $52.36] range (currently holds $2.48 million in spot).2. Long BTC: Currently holds 504.4 5x BTC long positions, valued at $38.95 million, with an unrealized loss of $85,000.