News linked to both this project and an event.
According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital transferred 441,000 HYPE tokens (approximately $35.31 million worth) from four wallets to Coinbase Prime over the past six hours, seemingly preparing to sell.
According to Onchain Lens monitoring, approximately 6 hours ago, a wallet linked to Bitwise's BHYP ETF deposited 84,320 HYPE worth approximately $6.71 million into Coinbase, possibly for sale.
According to on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid purchased and burned 17,710 HYPE tokens over the past 24 hours at a VWAP price of $78.37, valued at approximately $1.39 million. As of now, the cumulative burned supply of HYPE has reached 48.6 million tokens, worth approximately $3.88 billion at current prices, representing 4.86% of HYPE's maximum supply of 1 billion.
According to Onchain Lens monitoring, a whale (0x93a...c633) withdrew 116,490 HYPE worth $9.6 million from OKX minutes ago.
According to Bitcoin.com, Matt Mena, 21Shares Senior Crypto Research Strategist, stated that amid approximately $603 million in cumulative net inflows into US spot Bitcoin ETFs in September and a resurgence in altcoin risk appetite, Bitcoin's fourth-quarter trend is expected to strengthen significantly. Mena noted that BTC is currently finding support near $77,000, with mounting odds of testing the $82,000 range by month-end. He identified $100,000 for BTC, $3,500 for ETH, $100 for HYPE, and $130 for SOL as potential fourth-quarter targets. Furthermore, Ethereum has outperformed Bitcoin over the past three weeks with a 29% gain compared to Bitcoin's 20%, while Hyperliquid is approaching $90, signaling a rotation of capital into altcoins.
According to on-chain analyst Yu Jin, a suspected @HypeStrat-related address (0x6436...0103) accumulated and staked 365,000 HYPE over the past 24 hours, worth $29.65 million. Over the past two weeks, the address has gradually accumulated and staked 3.029 million HYPE, worth $252 million, at an average price of approximately $83.4. According to data it released yesterday, it currently holds 31.8 million HYPE, worth $2.513 billion.
According to Lookonchain monitoring, a certain whale bought another 308,600 HYPE today, worth $26 million; this whale has cumulatively bought 4.05 million HYPE, worth $322 million, and has staked all of it.
According to Arkham data, trader "NMTD8" opened a 10x leveraged long position worth $16.46 million on HYPE on Hyperliquid at an entry price of $62.52. HYPE subsequently rose 33% to $83.13, generating an unrealized profit of $4.09 million for the position. The account's total value stands at $11.34 million, with an overall unrealized P&L of $1.71 million.
according to Onchain Lens monitoring, an address opened a long position of 25,000 HYPE worth $2.1 million, with an entry price of $83.81, using 10x leverage, and a liquidation price of $72.36. The address has accumulated a profit of $9.29 million, and the current long position has a profit of $7,500.
According to Lookonchain monitoring, a whale bought another 116,400 HYPE worth $9.91 million 6 hours ago. Over the past 8 months, this whale has accumulated 1.89 million HYPE worth $159 million through Galaxy Digital, and has staked all of it.
Odaily News According to on-chain analyst Ai Yi's monitoring, Multicoin Capital has been suspected of selling 1.725 million HYPE worth $133 million since July 28, with an expected profit of $77.15 million. Its most recent deposit occurred 9 hours ago, with a cost price of approximately $32.32 and an average deposit price of $77.03. Currently, it still holds HYPE worth $60.29 million on-chain.
According to Lookonchain, address 0xEe0A has been consistently selling HYPE for profit over the past two weeks, transferring a total of 232,610 HYPE tokens to Bybit and Gate, worth approximately $19.67 million.
Odaily News, according to Onchain Lens monitoring, over the past 4 hours, Galaxy Digital (0x1e4...58C7d) transferred 95,270 HYPE to Bybit and OKX, worth approximately $8.11 million. Among them, 36,420 HYPE was transferred to Bybit, worth approximately $3.1 million; 58,850 HYPE was transferred to OKX, worth approximately $5.01 million.
Odaily News: According to Onchain Lens monitoring, a trader has accumulated profits of $25.1 million, including $13.27 million earned over the past 30 days. The trader currently holds a long position of 177,590 HYPE tokens, valued at $14.97 million, with an entry price of $56.03 and a current price of $84.30, representing unrealized gains of $5.02 million.
Odaily News, Hyperbot data shows that whale Loracle has newly opened a 10x leveraged long position on gold and a 1x leveraged long position on copper, and has been continuously adding to these positions. Currently, it holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both in profit.In addition, Loracle's short positions are mostly in losses, with only CASHCAT and CRWV shorts currently in profit:Short position worth $38.19 million on HYPE, with an unrealized loss of $13.66 million.Short position worth $27.69 million on SNDK, with an unrealized loss of $5.16 million.Short position worth $19.8 million on NVDA, with an unrealized loss of $0.62 million.Short position worth $18.27 million on PONS, with an unrealized loss of $1.28 million.Short position worth $11.06 million on MU, with an unrealized loss of $1.94 million.Short position worth $4.01 million on PLTR, with an unrealized loss of $0.014 million.
According to on-chain data monitoring, the whale Loracle's sub-address newly opened 10x leveraged gold longs and 1x leveraged copper longs this morning, subsequently adding to the positions continuously. Currently, it holds 40.0251 xyz:GOLD in gold longs and 2,200.04 xyz:COPPER in copper longs, both of which are in unrealized profit. Additionally, Loracle's short positions remain mostly at a loss: Shorting HYPE worth $38.19 million, with an unrealized loss of $13.65 million. Shorting SNDK worth $27.60 million, with an unrealized loss of $5.07 million. Shorting NVDA worth $19.80 million, with an unrealized loss of $0.62 million. Shorting MU worth $11.03 million, with an unrealized loss of $1.91 million. Shorting PONS worth $18.30 million, with an unrealized loss of $1.32 million. Shorting PLTR worth $4.01 million, with an unrealized loss of $17,000. Shorting CASHCAT worth $3.62 million, showing an unrealized gain of $770,000. Shorting CRWV worth $1.75 million, showing an unrealized gain of $270,000.
According to on-chain analyst Onchain Lens (@OnchainLens), Hyperliquid repurchased and burned 15,350 HYPE at an average price of $86.17 over the past 24 hours, worth approximately $1.32 million. As of now, the cumulative total of burned HYPE has reached 48.45 million, valued at approximately $4.11 billion at current prices, accounting for 4.84% of the maximum supply and permanently removed from circulation.
Odaily News Analyst Killa stated on platform X that, based on historical performance, when BTC begins to form a bottom and slowly trends upward, it often represents a favorable accumulation phase for altcoins. During the previous cycle, as BTC rose from $16,000 to $74,000, a large number of altcoins recorded gains of 300%–500%. However, as BTC continued to strengthen thereafter and its market dominance increased, many altcoins began to face downward pressure.Killa believes that if BTC has already formed its bottom this cycle, some altcoins may have also established cyclical lows, prompting a recent resumption of selective altcoin positioning. His SOL position, bought at $76, is currently up approximately 50%. The ASTER long position shared recently has a target of at least 50% to 100% upside. Additionally, the HYPE spot or long position established earlier at $51.55 has since risen roughly 70%.
According to Lookonchain tracking, trader 0x3305 has been continuously buying HYPE over the past 10 days, accumulating a total of 194,210 HYPE tokens valued at approximately $16.79 million.
Analyst Edgy from The DeFi Edge stated that Bitcoin ETFs attracted approximately $3.54 billion in August, while Ethereum ETFs drew in around $1.84 billion. During the trading week of August 24–28, SOL ETFs registered a net inflow of $142.7 million, XRP ETFs $110.5 million, and HYPE ETFs $56.8 million, totaling roughly $310 million, highlighting market demand beyond BTC and ETH. However, in the following week of August 31 to September 4, SOL’s net inflow plummeted to $4.9 million, HYPE dropped to $12.3 million, whereas Bitcoin ETFs continued to attract $987 million during the same period. Analysts noted that capital inflows into altcoin ETFs have yet to establish a sustained trend, and whether they can maintain steady absorption capacity over the next month remains a key metric to watch.