News linked to both this project and an event.
according to Onchain Lens monitoring, a whale staked another 399,994 HYPE, worth $30.92 million, with a total of approximately 500,000 HYPE staked over the past day, worth $38.92 million. These HYPE tokens were previously unstaked two months ago.
CryptoQuant founder and CEO Ki Young Ju (@ki_young_ju) posted on X that, according to CryptoQuant analyst consensus data, $HYPE is currently the most bullish crypto asset among analysts. The quarterly Hyperliquid analyst consensus shows that 83% of analysts are bullish.
Odaily reports: Crypto trader Ansem shared his recent investment views, stating that the crypto market is gradually shifting toward a phase that places greater emphasis on individual project fundamentals, capital inflows, and actual business performance. As a result, identifying mispriced assets and determining which teams are truly driving project development will become increasingly important, rather than relying entirely on the price action of major assets such as Bitcoin and Ethereum.Ansem believes that the investment approach to altcoins in this cycle differs from the past. Assets such as HYPE and ZEC have, even during periods of overall market weakness, decoupled from Bitcoin and Ethereum and charted independent price movements.
Odaily News: According to watershedpath monitoring, watershedpath holds a HYPE long position worth $11.2 million with 5x leverage, with unrealized profit of approximately $58 million. The average entry price for this position was $38.68, and the current price is $81.38, roughly double the entry price. watershedpath has held this position until now without taking profits. This position is one of the largest single-sided HYPE allocations on Hyperliquid, and watershedpath's total profit on the platform has exceeded $50 million.
According to monitoring by Onchain Lens, three newly created wallet addresses suspected to belong to the same whale have collectively staked 1.255 million HYPE tokens on the decentralized derivatives trading platform Hyperliquid, totaling approximately $100.43 million. Specifically, the three addresses staked 460,180 HYPE (approximately $36.84 million), 449,900 HYPE (approximately $35.98 million), and 345,250 HYPE (approximately $27.62 million), respectively.
Odaily reports: Bitwise analyst Ishmael Asad posted on X that Bitwise is currently working with over 20 wealth management platforms, which collectively manage approximately $24 trillion in assets. Bitwise is also pushing these platforms to approve crypto asset exchange-traded products (ETPs) so that their investment advisors can offer clients access to crypto asset allocation.Currently, among the institutions Bitwise works with, 17 have approved crypto-related equity ETPs, 11 have approved Bitcoin ETPs, 6 have approved Ethereum ETPs, 6 have approved top-10 crypto asset portfolio ETPs, and 2 have approved Solana ETPs, with 1 each approving a Bitcoin and gold combo ETP and an XRP ETP.Asad stated that since the first batch of spot crypto ETFs launched in January 2024, crypto ETPs have seen cumulative net inflows of approximately $77 billion. Currently, there are over 50 spot crypto ETPs in the U.S. market, and the number continues to grow, covering BTC, ETH, SOL, AVAX, LINK, XRP, ZEC, HYPE, crypto asset portfolios, and more. Additionally, wealth management institutions' interest in crypto assets continues to grow, with related demand extending from ETPs to crypto trading and custody, payments, and tokenization.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a smart money address with a cost basis as low as $3.87 previously sold from $93 all the way down to $81, with estimated profits of $21.48 million. Two hours ago, this smart money address once again deposited 100,276 HYPE tokens to Kraken, worth approximately $8.17 million; since September 28, the cumulative HYPE transferred to exchanges has increased to 261,926.4 tokens, with a total value of $22.49 million, at an average deposit price of $85.87, representing a return rate exceeding 2,119%.
Odaily reports: According to Odaily monitoring, an address currently holds approximately 1.38 million HYPE long positions, with a notional value of approximately $114.63 million and current unrealized profit of approximately $61.256 million. This position accounts for approximately 6.88% of HYPE contract open interest, with a denominator of approximately $1.667 billion in total market notional open interest. This is the first observation; no trades were found in existing records, and the position entry time cannot be determined based on this information. According to the official leaderboard, this address has a daily PnL loss of approximately $6.947 million and a weekly PnL loss of approximately $14.344 million, both ranking No. 1; the leaderboard data is not equivalent to self-calculated realized PnL.Address: 0x082e843a431aef031264dc232693dd710aedca88Contract: HYPECurrent Position: Long, notional value $114,630,100Current Unrealized PnL: $61,256,100Official Leaderboard Account PnL (Last 1 Day): -$6,946,700Official Leaderboard Account PnL (Last 7 Days): -$14,343,600Account Observed Contract Trades Realized PnL: $0.00 (excluding funding fees)Distance from Liquidation Price at Observation Time: 10.30% (not a liquidation prediction)
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 110,000 HYPE (approximately $9.73 million) from another wallet and immediately staked all of the tokens upon receipt.
an0n2498.hl, the whale ranked second by total trading volume on Variational, posted on X: "I have barely sold any HYPE, and I don't plan to sell any more. I will absolutely never sell any VAR. Instead, I will buy heavily into spot at TGE, and I will also open a long-term long position on VAR. My bullishness on VAR is simply beyond words."It is worth noting that an0n2498.hl previously received $15 million worth of HYPE in the Hyperliquid airdrop.
According to Onchain Lens monitoring, FalconX transferred 96,600 HYPE from its hot wallet to Coinbase, worth $8.01 million.
According to monitoring by Ai Yi, a smart money address (0x13d…cfa8a) with a cost basis as low as $3.87 allegedly reduced its position by approximately $11.77 million worth of HYPE within 10 days. Since September 28, the address has cumulatively deposited 131,421 HYPE to Kraken at a deposit price of $89.56, which would yield a profit of $11.26 million if sold, reaching a return rate of 2,214%.
Odaily News: According to Onchain Lens monitoring, Multicoin has once again deposited 67,500 HYPE worth $5.92 million into Coinbase Prime; over the past 4 weeks, it has cumulatively transferred 760,580 HYPE worth $62.99 million to Coinbase Prime.
According to on-chain analyst Ember (@EmberCN), Hyperliquid's development team HyperLabs successfully redeemed 3.75 million HYPE tokens (approximately $332 million) 8 hours ago. After being distributed across five wallets and consolidated to address 0x875...1d1, this address is suspected to belong to an institution that purchased the tokens from the team via OTC. Of the total, 1.25 million HYPE tokens (approximately $110 million) have been deposited back into staking, while the remaining 2.5 million HYPE tokens (approximately $220 million) remain in the wallet. Project members had previously revealed on Discord that upon redemption, this batch of tokens would be allocated to team members and subsequently sold to an institution via OTC.
According to on-chain analyst Yu Jin's monitoring, the 3.75 million HYPE that the Hyperliquid development team HyperLabs address (0x43e9...a251) applied to unstake 7 days ago was successfully redeemed 2 minutes ago, worth $332 million.
Odaily News: According to on-chain tracking platform Lookonchain, a wallet tagged as an Andrew Tate-linked address transferred 20,950 HYPE, worth approximately $1.87 million, to Binance on October 2.The wallet purchased 122,826.9 HYPE at an average price of $4.48 on November 29, 2024, investing approximately $550,000; it sold 41,430 HYPE within two days, with most of the remainder used for staking.Lookonchain estimates that this address's HYPE holdings have generated a cumulative profit of $7.24 million, representing a return rate of 1317%. The address still holds 42,417 HYPE, valued at approximately $3.7 million at the time based on the then-current price. (Bitcoin.com News)
According to Lookonchain monitoring, renowned whale Corus (0x807...aca1) spent $200,000 to accumulate 7.14 million EDEL. This trader has profited $34.95 million on Hyperliquid and still holds 137,100 HYPE, worth $12.27 million. EDEL has risen 750% over the past two months.
According to Whale Alert, 387,005 HYPE (worth approximately $3.41523 million) were transferred from Kinetiq to an unknown wallet 20 minutes ago.
Odaily — According to monitoring by on-chain analyst Aunt Ai, a whale who began accumulating $6.99 million worth of ETHFI starting September 29 appears to be taking profit on HYPE. Fifty minutes ago, this whale deposited 71,000 HYPE worth $6.48 million into an exchange, at a deposit price of $91.26. The whale had previously withdrawn 142,800 HYPE worth $12.3 million on September 4 at $86.15. If sold this time, the estimated profit would be $362,000.
Odaily News: HL HUB (Community) posted on X that Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3). Approximately $14.5 million in passive yield generated from USDC reserves will flow into the Assistance Fund for HYPE buybacks.It is reported that under AQAv2's revenue-sharing mechanism, Hyperliquid stablecoin deployers are required to allocate 90% of stablecoin reserve yield to the Hyperliquid protocol, and 100% of these proceeds will be used for buying back and burning HYPE tokens. Stablecoin reserve yield sharing is accumulated and settled on a 30-day cycle, with proceeds automatically transferred to the Assistance Fund on the 8th day after the cycle ends. Formal yield accrual began on August 26, so the first yield payment will be made on October 3.