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Project Overview
Hypercent Launchpad is a launchpad on Kadena. It helps projects build and launch by providing developers with a blueprint project, an SDK, and a CLI app.
Base valuation of $128, with non-crypto trading accounting for about 30% on Hyperliquid
research firm Decentralised.co (DCo) has released a report stating that the share of non-crypto asset trading volume on Hyperliquid rose from zero in September 2025 to a peak of 51% in July 2026, and stood at approximately 30% in October 2026; on October 27, such trading accounted for 40% of the platform's $7.2 billion in daily trading volume, with single stocks being the largest trading category that day.The report uses a 2029 global futures and equities market size of $934 trillion as its base, with the base-case scenario assuming crypto trading volume grows to 3 times the current level, a 3% share of the non-crypto market, a blended fee rate of 0.006%, USDC yield falling to 3.6%, and HIP-4 contributing $100 million in revenue; on this basis, it estimates that 2029 revenue will rise from $944 million to $4.91 billion, corresponding to an HYPE price of $128 at a 40x valuation, $98 at a 30x valuation, and $165 under the optimistic scenario, with the current HYPE price at approximately $77. The report states that if the non-crypto fee rate falls to CME's 0.0004%, the base valuation would drop to $66; Binance has already listed 229 TradFi perpetual contracts this year, with average daily trading volume of $13.4 billion, higher than Hyperliquid's $2.3 billion.
Hyperliquid cumulative auction spending reaches 346,000 HYPE, valued at approximately $27 million
Odaily Report: Data shows that Hyperliquid auction cumulative spending has reached 346,005 HYPE, valued at approximately $27 million at current estimates.
Grayscale Announces Crypto Asset Yield Rankings: HYPE Holders Lead in Yield, CAKE Ranks Highest in Adjusted Earnings Yield
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
An address with a recent HYPE win rate of about 86% opened a HYPE short position of about $2.43 million
Odaily reports: According to Odaily monitoring, an address opened a HYPE short position between 04:18 and 08:17 on October 22, 2026, with a notional opening value of approximately $2.43 million and an average execution price of $81.1299. Its HYPE trading win rate between September 22 and October 22, 2026 was about 86% across 14 rounds; as of 14:29 on October 22, 2026, it held a 30,000 HYPE short position, valued at approximately $2.36 million based on a reference price of $78.711.Address: 0xdafc555a97b358bc09fccf4c0e583c1ec5838b16
Managing $2.7 Billion in Assets, Multicoin Capital Stays Committed to Crypto Investing and Holds Its Largest Position in HYPE
Odaily Report: Spencer Applebaum, General Partner and Co-Head of Venture Investments at Multicoin Capital, said that Multicoin Capital manages $2.7 billion in assets, will not follow institutions such as Paradigm in expanding its investment scope into AI and robotics, and will continue to focus on the digital asset sector. Regarding the "crypto + AI" concept, Applebaum said that some investors are looking for problems at the intersection of crypto and AI that do not actually exist. In response to the slowdown in capital deployment, he said that in 2023, most seed-round projects had post-money valuations of about $30 million and raised about $3 million, and that using a $422 million fund to invest in such rounds requires more time. In addition, the largest position of Multicoin Capital's hedge fund is the Hyperliquid-related token HYPE, all of which was purchased through the public market; the firm typically holds publicly traded assets for several years.
Hyperliquid Strategies Increases Equity Funding Facility to $2.5 Billion
Odaily Odaily News: Nasdaq-listed digital asset treasury company Hyperliquid Strategies has increased its equity funding facility with New York investment bank and broker-dealer Chardan Capital Markets from $1 billion to $2.5 billion. The agreement allows Chardan to purchase newly issued common shares of Hyperliquid Strategies in stages, subject to conditions such as pricing and trading volume, and resell them on the public market.Hyperliquid Strategies has previously raised $647 million through this funding mechanism and expanded its treasury holdings to approximately 29.3 million HYPE tokens. The $2.5 billion figure represents the maximum capacity of the facility, not the amount already raised; the company's ability to obtain funds by issuing new shares may dilute existing shareholders' equity.Hyperliquid Strategies stated that although it shares the same name as Hyperliquid and holds its native token, it operates independently and has no affiliation with Hyperliquid. (Cointelegraph)
Analyst: HYPE Sets Record with $16.2 Billion in Single-Day Binance Spot Trading Volume
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
Hyperliquid CEO: Bringing the Entire Financial Industry Onchain
Odaily News: Hyperliquid Labs CEO and co-founder Jeff Yan gave a rare interview, detailing the platform's operating mechanism and future plans.Hyperliquid entered the spotlight of global traders and market observers earlier this year—after the Iran war broke out, speculators used the markets built on it to trade crude oil, with the platform offering 24/7 markets on the blockchain. In August, U.S. President Trump said the CFTC is pushing to allow Hyperliquid to "enter the United States in a fully compliant and legal manner." Hyperliquid currently operates outside the United States, but that has not hindered its rapid expansion over the past year.In the interview, Jeff Yan introduced the protocol he built with his co-founder, the ecosystem of participants and assets tied to Hyperliquid (such as the platform's cryptocurrency HYPE), how perpetual contracts are bought and sold on the platform, and explained what a blockchain oracle is, as well as the conditions Hyperliquid needs to meet to conduct business in the United States. (Bloomberg)
Payward Plans to Offer Onchain Perpetual Contract Trading to U.S. Users via Hyperliquid
Cryptocurrency exchange Kraken's parent company, Payward, plans to offer onchain perpetual contract trading to U.S. users through Hyperliquid. Its Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission, will create and manage the relevant markets, and the plan is still pending regulatory approval.Customer accounts will be hosted by NinjaTrader Clearing and will be limited to users who pass its whitelist review with Bitnomial. Digital asset management firm Grayscale said that if the relevant markets pay protocol fees to Hyperliquid, the new trading activity could increase funds for HYPE token purchases. (Bitcoin.com News)
Caixin: HyperLiquid Pricing Chinese Assets, Emerging Offshore Exchange Challenges Global Financial Regulation
According to Caixin News, HyperLiquid has been quietly rising in the overseas crypto scene for some time, but the real catalyst that sparked widespread discussion in the domestic market was neither the massive airdrop of HYPE tokens (referring to projects distributing tokens to users for free to promote initiatives or reward early supporters) nor the crude oil contracts ignited by Iran's geopolitical conflicts in February 2026, but rather the contracts involving the Chinese asset ChangXin Memory Technologies (CMXT), highlighting how emerging offshore exchanges are challenging global financial regulation.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Polymarket Launches Crypto Perpetual Contracts with Up to 20x Leverage
Odaily News - Prediction market platform Polymarket launched its perpetual contract product, Polymarket Perps, on September 3. The initial offering covers 10 contracts including Bitcoin, Ethereum, Solana, HYPE, Gold, Silver, WTI Crude Oil, S&P 500, Nasdaq 100, and a contract tracking SpaceX stock, expanding to 67 markets within hours.The product has no expiration date, with contract prices continuously tracking the underlying assets. It maintains anchoring to spot prices through funding rates settled hourly, with funding rate caps at 4% per hour in both directions. Cryptocurrencies, the S&P 500, crude oil, gold, and silver support up to 20x leverage, while individual stocks and other real-world assets support up to 10x.U.S. traders are unable to place Perps orders and will be directed to Polymarket US, which is regulated by the Commodity Futures Trading Commission (CFTC). This arrangement stems from Polymarket's 2022 settlement with the CFTC, in which the company was fined $1.4 million for operating an unregistered swap execution facility and was required to cease related non-compliant contracts. (Decrypt)
Worth approximately $27.19 million, a whale unstaked 304,600 HYPE after 3 months of inactivity
: According to Onchain Lens monitoring, a whale who previously bought HYPE from Galaxy Digital unstaked 304,600 HYPE after 3 months of inactivity, worth approximately $27.19 million.
a16z-associated entity allegedly transferred 118,000 HYPE, valued at approximately $10.7 million.
On-chain analyst Ai Yi has tracked that a16z-affiliated entities have transferred 118,000 HYPE in batches to Wintermute, Galaxy Digital, and Cumberland since yesterday. Valued at approximately $10.7 million based on an average price of $90.72, the specific purpose remains unclear.
$10.7M HYPE Suspected Selloff, a16z-Linked Entity Transfers 118,000 HYPE
Odaily — According to on-chain analyst Ai Yi, an a16z-linked entity (0xb5E...F...) has been suspected of selling off $10.7 million worth of HYPE since yesterday. Following the disclosure of the Binance hack news, the entity transferred 118,000 HYPE in batches to Wintermute, Galaxy Digital, and Cumberland at an average price of $90.72, with the purpose unknown. The most recent transfer occurred 10 hours ago.
Expected profit of $8.03 million, a whale/institution transferred 912,383 HYPE to FalconX
Odaily report: According to on-chain analyst Yu Jin's monitoring, a whale/institution consolidated and transferred 912,383 HYPE to institutional trading platform FalconX 2 hours ago, valued at $82.09 million. These HYPE were accumulated 1 to 2 months ago through Coinbase Prime and FalconX at an average price of approximately $81; they were transferred out today at $90, with an expected profit of $8.03 million.
Ignas: Assets like HYPE and ZEC Show Independent Price Action, Crypto Market Still Has Structural Opportunities
DeFi researcher Ignas posted on X stating that during the current market downturn, the "buy the dip" sentiment commonly seen in the past has rarely appeared on social media. Although some market participants believe that Bitcoin holding the $77,000 to $80,000 range is a bullish signal, most crypto traders may already hold substantial token positions, and some investors would rather wait for price confirmation of an uptrend before buying than bottom-fish amid panic. Assets decoupled from Bitcoin's price action such as HYPE, as well as "conviction tokens" like ZEC and revenue-generating assets like HYPE, remain attractive. However, there is currently insufficient potential buying interest—retail investors who previously favored crypto assets are now being buffeted by volatility in assets such as AI stocks, gold, and quantum computing, and crypto ETF fund flows have also turned to net outflows over the past 30 days.
Analyst: HYPE Sets Record with $16.2 Billion in Single-Day Binance Spot Trading Volume
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
$10.7M HYPE Suspected Selloff, a16z-Linked Entity Transfers 118,000 HYPE
Odaily — According to on-chain analyst Ai Yi, an a16z-linked entity (0xb5E...F...) has been suspected of selling off $10.7 million worth of HYPE since yesterday. Following the disclosure of the Binance hack news, the entity transferred 118,000 HYPE in batches to Wintermute, Galaxy Digital, and Cumberland at an average price of $90.72, with the purpose unknown. The most recent transfer occurred 10 hours ago.
Following the liquidation of its ETH long position, Maji deposited an additional 250,000 USDC to open a leveraged long, with the position valued at approximately $5.88 million.
According to on-chain analyst Ember (@EmberCN)'s monitoring on October 30, Maji's ETH long positions were entirely liquidated during the morning sell-off triggered by the Binance hack. In the afternoon, he deposited an additional 250,000 USDC to continue opening longs, and currently holds long positions worth approximately $5.88 million on Hyperliquid, covering ETH, HYPE, and BTC.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Arthur Hayes: Rising Oil Prices, AI-Related IPOs, and Trump's Anti-AI Rhetoric Could Pop the AI Bubble and Drag Down the Crypto Market
Odaily News, June 9th — BitMEX co-founder Arthur Hayes stated in his latest article "Reality Test" that if oil prices continue to rise due to the US-Iran conflict, it could trigger a collapse of the AI stock bubble and drag the entire crypto market down.Hayes said that if traffic restrictions in the Strait of Hormuz persist deep into the second quarter, spot prices for hydrocarbons and other key commodities could rise in the third quarter. If oil prices continue to climb and inflationary pressures impact the US midterm elections, Trump might pivot to a tough stance targeting data center construction, AI regulation, and taxation. Hayes believes the market could anticipate Trump limiting AI capital expenditure and taxing AI companies, thereby triggering the burst of the AI stock bubble.Hayes also noted that since November 2022, the scale of AI-related debt issuance has been approximately $1.5 trillion, and US M2 has increased by roughly the same amount during the same period. He believes the three factors that could pop the AI bubble include rising energy costs, the market's inability to absorb three major AI-related IPOs — namely SpaceX, Anthropic, and OpenAI — and Trump's shift to opposing AI. In terms of portfolio, Hayes stated that Maelstrom's stock portfolio holds significant positions in US-listed energy producers; he has sold AI-related stocks and offloaded non-core crypto assets, having dumped HYPE, NEAR, and WLD last week, as well as selling ZEC due to the Orchard Pool vulnerability. He still holds Bitcoin and ETH and will execute tactical short trades via derivatives.
Euler takes over operations of HypurrFi's Mewler market, HypurrFi to gradually shut down and complete migration
Euler Finance announced it will take over the maintenance and operation of the Euler contract stack known as Mewler under HypurrFi on the Hyperliquid EVM. The relevant infrastructure is undergoing a smooth transition, with Clearstar Labs continuing to serve as the risk manager for the Prime, Yield, and Earn vaults. HypurrFi Scale and Pooled Markets are scheduled to gradually wind down and undergo orderly liquidation over the coming weeks. However, all existing markets remain solvent and fully operational, with no security vulnerabilities or emergency parameter adjustments.During the migration process, new borrowing functionality for some Pooled assets has been frozen, but HYPE, USDC, and USDT0 can still be used for liquidity provision to allow borrowers to gradually unwind their positions. Euler emphasized that its isolated lending architecture on HyperEVM will continue to serve as core infrastructure, jointly maintained by Euler and Clearstar Labs.The HypurrFi team stated that user deposits, positions, and collateral assets remain fully secure. This adjustment is an active strategic migration, not a security incident or protocol failure. According to the plan, Euler Prime and Yield markets will become the primary entry points for lending and yield markets on HyperEVM moving forward. The HypurrFi brand will be gradually phased out, with related support services closing after May 28. Full market liquidation is expected to be completed by July 15, 2026.HypurrFi also reminded users to be aware of risks and fraudulent links during the migration process, to operate only through official channels, and to use the built-in migration tools to transfer Pooled positions to Euler Prime or Yield markets.
Analyst: HYPE Sets Record with $16.2 Billion in Single-Day Binance Spot Trading Volume
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
Base valuation of $128, with non-crypto trading accounting for about 30% on Hyperliquid
research firm Decentralised.co (DCo) has released a report stating that the share of non-crypto asset trading volume on Hyperliquid rose from zero in September 2025 to a peak of 51% in July 2026, and stood at approximately 30% in October 2026; on October 27, such trading accounted for 40% of the platform's $7.2 billion in daily trading volume, with single stocks being the largest trading category that day.The report uses a 2029 global futures and equities market size of $934 trillion as its base, with the base-case scenario assuming crypto trading volume grows to 3 times the current level, a 3% share of the non-crypto market, a blended fee rate of 0.006%, USDC yield falling to 3.6%, and HIP-4 contributing $100 million in revenue; on this basis, it estimates that 2029 revenue will rise from $944 million to $4.91 billion, corresponding to an HYPE price of $128 at a 40x valuation, $98 at a 30x valuation, and $165 under the optimistic scenario, with the current HYPE price at approximately $77. The report states that if the non-crypto fee rate falls to CME's 0.0004%, the base valuation would drop to $66; Binance has already listed 229 TradFi perpetual contracts this year, with average daily trading volume of $13.4 billion, higher than Hyperliquid's $2.3 billion.
Out-of-Bounds Pause, Resume on Price Recovery: Hyperliquid to Adjust TWAP Order Rules
Odaily reports: Jeff stated that Hyperliquid's next network upgrade will adjust the rules for TWAP orders with stop prices: when the price crosses the set boundary, the remaining execution plan will change from termination to pause; if the price meets the conditions again within the originally scheduled execution time, the order can resume execution, whereas previously a new order would need to be placed. The TWAP feature can split large orders into smaller ones and execute them gradually over a set period, currently supporting cycles from 5 minutes to 7 days, with a minimum order amount of $100. For example, when buying HYPE in batches over 2 hours with a maximum price set at $80, the order pauses when the mark price rises to $81; if the price falls back to $79 and it is still within the 2-hour window, the order can continue executing. The same rules apply when setting a minimum price for sell orders.
Grayscale Announces Crypto Asset Yield Rankings: HYPE Holders Lead in Yield, CAKE Ranks Highest in Adjusted Earnings Yield
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
Position value approximately $3.055 billion, Hyperliquid Strategies purchased 130,000 HYPE this week
Odaily News: Hyperliquid Strategies released its weekly data for October 22. The company bought 130,000 HYPE this week, equivalent to a value of $10.23 million. Currently, the company holds a total of 38.83 million HYPE, with a total position value of approximately $3.055 billion; meanwhile, its cash position decreased by $10 million, bringing the cash balance down to $245.3 million.
Delphi Digital: Lists HOOD, HYPE, and LIT as Speculative Trading Thematic Investment Targets
According to the latest research report published by Delphi Digital, Dealers Always Win: Why Speculation is the Theme of the Next Decade, Robinhood (HOOD), Hyperliquid (HYPE), and Lighter (LIT) are listed as core targets for positioning in this investment theme. In evaluating these assets, Robinhood demonstrates the advantage of an integrated broker bundling event contracts, options, and cryptocurrency distribution; Hyperliquid, leveraging permissionless on-chain perpetuals and expansion protocols such as HIP-3 and HIP-4, is evolving into an on-chain clearing layer supporting multi-asset round-the-clock trading, while continuously repurchasing HYPE through protocol fees; and Lighter, which constructs its order book using zero-knowledge proofs, has also built competitive moats through zero retail fees and cross-platform distribution partnerships. Collectively, they form an infrastructure exposure designed to capture global speculative demand.
Related news
Worth $4.06 million, Galaxy Digital OTC deposits 47,000 HYPE to OKX
that, according to Onchain Lens monitoring, Galaxy Digital OTC deposited 47,000 HYPE to OKX 4 hours ago, worth $4.06 million, possibly for selling.
Listed Japanese company Iole plans to sell all 151.21 BTC, redirecting funds to AI operations.
Iole, a listed company on the Tokyo Stock Exchange Growth Market, plans to sell all 151.21 Bitcoin through crypto asset exchanges between October 30 and the end of November. The proceeds will be primarily allocated to AI data centers, AI computing power, and the "Neo Cloud" business. The sale is expected to result in a loss of approximately 254 million yen. The company will continue to hold HYPE.
Worth approximately $27.19 million, a whale unstaked 304,600 HYPE after 3 months of inactivity
: According to Onchain Lens monitoring, a whale who previously bought HYPE from Galaxy Digital unstaked 304,600 HYPE after 3 months of inactivity, worth approximately $27.19 million.
a16z-associated entity allegedly transferred 118,000 HYPE, valued at approximately $10.7 million.
On-chain analyst Ai Yi has tracked that a16z-affiliated entities have transferred 118,000 HYPE in batches to Wintermute, Galaxy Digital, and Cumberland since yesterday. Valued at approximately $10.7 million based on an average price of $90.72, the specific purpose remains unclear.
$10.7M HYPE Suspected Selloff, a16z-Linked Entity Transfers 118,000 HYPE
Odaily — According to on-chain analyst Ai Yi, an a16z-linked entity (0xb5E...F...) has been suspected of selling off $10.7 million worth of HYPE since yesterday. Following the disclosure of the Binance hack news, the entity transferred 118,000 HYPE in batches to Wintermute, Galaxy Digital, and Cumberland at an average price of $90.72, with the purpose unknown. The most recent transfer occurred 10 hours ago.
Expected profit of $8.03 million, a whale/institution transferred 912,383 HYPE to FalconX
Odaily report: According to on-chain analyst Yu Jin's monitoring, a whale/institution consolidated and transferred 912,383 HYPE to institutional trading platform FalconX 2 hours ago, valued at $82.09 million. These HYPE were accumulated 1 to 2 months ago through Coinbase Prime and FalconX at an average price of approximately $81; they were transferred out today at $90, with an expected profit of $8.03 million.