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News linked to both this project and an event.

TradeXYZ uses perpetual contract fee revenue for the first time to buy HYPE, with cumulative investment of approximately $610,000

Odaily News, according to MLM monitoring, TradeXYZ's fee receiving wallet has recently used perpetual contract (Perps) trading fee revenue to purchase HYPE tokens for the first time. Two days ago, TradeXYZ transferred 250,000 USDC from its perpetual contract fee wallet (used for accumulating Perps trading fees) to its spot wallet, and purchased approximately 2,000 HYPE tokens, worth about $110,000. Subsequently, this portion of HYPE was used to purchase HIP-3 trading pairs.The latest data shows that TradeXYZ has again transferred 500,000 USDC to its spot wallet and has begun continuously purchasing approximately 9,000 HYPE tokens—worth about $500,000—through a TWAP (Time-Weighted Average Price) strategy. Previously, TradeXYZ's HYPE funds used to purchase new HIP-3 trading pairs mainly came from spot trading fee revenue. However, this is the first time it has used perpetual contract fee revenue for HYPE purchases.

Suspected a16z-associated address transfers and stakes 979,000 HYPE into Hyperliquid

According to Ember, two addresses suspected to be associated with a16z transferred 979,000 HYPE to Hyperliquid 8 hours ago and staked them, valued at approximately $53.53 million.

A whale borrowed 20.57 million USDC using 81.07 million USD worth of HYPE as collateral

Odaily News: According to Onchain Lens monitoring, a whale deposited 873,160 wstHYPE (approximately 47.37 million USD) and 627,810 kHYPE (approximately 33.71 million USD) into Hyperlend, and then borrowed 20.57 million USDC. The health factor is 2.91, with net borrowing equity of approximately 60.5 million USD.

A whale remains at a floating loss of $3.53 million after adding to its HYPE position, with 240,000 HYPE withdrawn in total

Odaily News According to on-chain analyst Ai Yi's monitoring, a whale withdrew 20,000 HYPE from Coinbase an hour ago, worth $1.03 million. Since June 11, this whale has withdrawn a total of 240,000 HYPE from exchanges, worth $15.88 million, with an average withdrawal price of $66.17, and is currently facing a floating loss of $3.53 million.

A certain whale's $72.15 million HYPE long position is approaching liquidation, liquidation price around $47.6.

On-chain data shows that a whale holds a long position of 1.38 million HYPE tokens valued at approximately $72.15 million, currently about 9% away from liquidation, with a liquidation price of around $47.6.

Holding 1.38 Million HYPE Long Positions for 8 Months, a Whale Currently Up $18.8 Million and Nearing Liquidation Price

Odaily News: According to on-chain analyst Yu Jin's monitoring, multiple institutions have unstaked and sold HYPE, causing the token to drop from $72 to $52 over the past month, a decline of 28%. A whale holds 1.38 million HYPE in long positions, valued at $72.15 million, with a current liquidation price of $47.6, approximately 9% away from HYPE's current price. This position has been held for 8 months without being closed. It saw an unrealized loss of $26 million at the end of January, reached a peak unrealized gain of $47.46 million in June, and currently remains up $18.8 million. The position is nearing the liquidation price because the whale previously withdrew a significant portion of the unrealized profit as margin.

3 days after being liquidated for $2.05 million, a Hyperliquid trader establishes a $4.95 million HYPE long position

According to Onchain Lens monitoring, a Hyperliquid trader, after being liquidated for approximately $2.05 million on a SKHX long position 3 days ago, has again established a $4.95 million HYPE long position with 10x leverage. His main positions include a $10.04 million ETH long position with 20x leverage; a $4.95 million HYPE long position with 10x leverage; and additional long positions in META and other assets. The trader's cumulative historical losses amount to approximately $504,800.

Profit exceeding $104 million, a whale holds 2.886 million HYPE and transfers 1.893 million to HyperEVM

Odaily News, according to on-chain analyst Yu Jin's monitoring, a whale's another address just transferred 1.893 million HYPE, worth $106 million, redeemed in the early morning to the HyperEVM chain. This address has not yet been transferred to an exchange like the previous one. The HYPE actually accumulated by this whale at around $19.79 early last year totals 2.886 million coins, with current profits exceeding $104 million.

Hyperliquid trader YGNH94 deposits 100,300 HYPE to OKX; selling a portion of holdings would incur a loss of $471,000

Odaily News: According to on-chain analyst Ai Yi's monitoring, Hyperliquid trader YGNH94 (0xe8Fe...0941) redeemed 100,300 staked HYPE 5 hours ago and subsequently deposited them to OKX, valued at $5.57 million. He had previously withdrawn 60,100 HYPE from OKX on June 27 at $63.36 each; selling this portion now would result in a loss of $471,000.

A whale made a profit of $37.45 million, transferring 1.032 million HYPE held for a year and a half to Coinbase Prime and FalconX

according to on-chain analyst EmberCN's monitoring, an hour ago, a whale transferred 1.032 million HYPE tokens, which they had held for a year and a half, to Coinbase Prime and FalconX, worth $57.6 million. The whale made a profit of $37.45 million on HYPE, a return rate of 186%. The whale initially withdrew 1.018 million HYPE from Gate in early 2025 at an average price of approximately $19.79, worth $20.15 million at the time, and subsequently staked these HYPE tokens. Early this morning, all related HYPE was unstaked and transferred to Coinbase Prime and FalconX when the price was $55.8.

Hyperliquid development team HyperLabs initiated unstaking of 433,000 HYPE

According to on-chain analyst Ember (@EmberCN), the Hyperliquid development team HyperLabs address initiated unstaking of 433,000 $HYPE tokens 8 hours ago, valued at approximately $23.45 million. These tokens will officially complete unstaking after a 7-day Pending period.

Institutions Continue to Sell Off HYPE, Multicoin Capital and Bitwise Combined Deposit Over $8.74 Million to Exchanges

According to on-chain analysis platform Lookonchain (@lookonchain), in the past 10 hours, Multicoin Capital deposited 137,100 HYPE to Coinbase Prime, worth approximately $7.51 million; Bitwise deposited 22,463 HYPE to Coinbase 9 hours ago, worth approximately $1.23 million. The two institutions deposited a total of approximately $8.74 million worth of HYPE.

HyperLabs Initiates Unstaking of 433,000 HYPE, Worth $23.45 Million

Odaily reports, according to on-chain analyst Ember CN, the Hyperliquid development team HyperLabs address (0x43e...251) initiated the unstaking of 433,000 HYPE, worth $23.45 million, 8 hours ago. The unstaking of this HYPE will be completed after a 7-day pending period.

90,000 HYPE transferred from FalconX to Coinbase, valued at $4.85 million

Odaily reports: According to monitoring by Onchain Lens, an institution transferred 90,000 HYPE from FalconX to Coinbase, valued at $4.85 million.

value $26.8 million, Selini Capital transfers 495,000 HYPE redeemed from staking to OKX

according to on-chain analyst Ember's monitoring, Selini Capital (0xD172...79Ac) transferred 495,000 HYPE—redeemed from Hyperliquid staking—to OKX 5 minutes ago, valued at $26.8 million.

a16z-affiliated entity withdrew 132,100 HYPE worth $7.335 million in the past 8 hours

According to monitoring by on-chain analyst Ai Yi, a wallet (0xb5E...c24e) suspected to be affiliated with a16z has withdrawn a total of 132,056.65 HYPE, valued at $7.335 million, from various exchanges over the past 8 hours, at an average withdrawal price of $55.54. Since July 15, the same address has transferred a total of 398,000 HYPE, approximately $24.89 million, to exchanges.

Multicoin Capital Redeems 1.97 Million HYPE, Partially Transferred to Coinbase Prime

according to monitoring by Ember, one week after Multicoin Capital transferred 395,000 HYPE (approximately $37 million) to Coinbase, it continued to apply for the redemption of more HYPE from staking.Early this morning, 1.97 million HYPE (approximately $108 million) successfully exited staking after a 7-day pending period, of which 86,000 HYPE (approximately $4.78 million) was transferred to Coinbase Prime 3 hours ago.Over the past week, the price of HYPE has fallen by approximately 10%, dropping from $61 to $55.

Multicoin Capital Transfers Portion of Unstaked HYPE to Coinbase

According to monitoring by on-chain analyst Onchain Lens, a portion of HYPE previously unstaked by Multicoin Capital has been transferred to Coinbase. Data shows that after completing the unstaking, the institution received 1.29 million HYPE from Hyperliquid, worth approximately $71.1 million at the time; subsequently, 101,340 HYPE were transferred to Coinbase, worth approximately $5.6 million.

Cumberland deposited approximately $6.65 million in assets to exchanges

Odaily reports, according to Onchain Lens monitoring, the Cumberland wallet (0x091D...18336) deposited approximately $6.65 million in assets to exchanges in the past few minutes, including 108,100 HYPE (worth about $5.95 million) to Bybit and 700,000 USDT to Binance.

Bitwise sells another 117,900 HYPE, worth approximately $7.05 million

According to on-chain analysis platform Lookonchain (@lookonchain), Bitwise sold another 117,917 $HYPE today, worth approximately $7.05 million.