News linked to both this project and an event.
According to Hyperinsight monitoring, “Trader Loracle,” the former largest short seller of HYPE, has not sold any of the 893,000 HYPE tokens he received last week upon their spot unlock. As HYPE’s price rises, this batch of spot tokens has appreciated by 25% cumulatively, with a current value of approximately $63.5 million and an unrealized profit of roughly $12.7 million.
according to Onchain Lens monitoring, a whale closed a long position on HYPE, earning a profit of $2.28 million, and subsequently shifted to establishing a 5x short position in HYPE worth $13.6 million. The whale also sold 40,000 HYPE for $2.85 million, still holds 150,000 HYPE valued at approximately $10.75 million, with a spot profit of $6.4 million.
According to on-chain analytics platform Lookonchain (@lookonchain), two large HYPE withdrawals occurred in the past 12 hours: a new wallet, 0x6436, withdrew a total of 263,906 HYPE (approximately $19.2 million) from OKX, Bybit, Kraken, and Gate; another new wallet, 0x5EaD—linked to Anchorage Digital—withdrew 88,955 HYPE (approximately $6.5 million) from Kraken five hours ago. The combined value of these two withdrawals is approximately $25.7 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale purchased 348,007 HYPE tokens at an average price of $38.56 (approximately $13.42 million) six months ago and has recently begun taking profits. Three hours ago, the whale sold 134,868 HYPE tokens via Flowdesk for approximately $9.92 million. The whale still holds 213,139 HYPE tokens (valued at approximately $15.69 million), with an unrealized profit of roughly $12.19 million.
According to The Block, Grayscale filed an amendment to its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Monday for the Hyperliquid Staking ETF (ticker: HYPG), setting its management fee at 0.29%—lower than the already-listed Bitwise BHYP (0% for the first month, then 0.34%) and 21Shares THYP (0.30%). James Seyffart, ETF analyst at Bloomberg Intelligence, stated that the fund is expected to officially launch this week. Hyperliquid is a decentralized derivatives exchange supporting on-chain perpetual contract trading; its native token, HYPE, has a market capitalization of approximately $16.1 billion, ranking it as the world’s tenth-largest crypto asset.
: According to Onchain Lens monitoring, some whales or institutions are buying HYPE, while others are selling. A newly created address withdrew 180,000 HYPE, worth $13.18 million, from Coinbase and staked them. Another address sold 238,811 HYPE, worth $16.3 million, realizing a profit of $1.3 million. The address still has 10,000 HYPE staked.
cryptocurrency analyst botblastcap posted on X to analyze the Hyperliquid ETF (HYPG) that GrayScale has applied for.botblastcap stated that the direct stimulative effect of the HYPG launch on the HYPE price may not be as strong as the market expects. This is because a large number of tokens have already been funded through private transactions in advance (i.e., the previously disclosed seed capital investment of 2 million HYPE). Consequently, the buying pressure generated in the spot market on the day of the ETF launch will likely be lower than many anticipate.However, in the medium to long term, this is still a very positive event. It implies deeper liquidity, stronger institutional participation, and potential incremental buying pressure that could continue in the future.Previously, GrayScale submitted the fourth amended filing for the Hyperliquid ETF and plans to provide approximately 2 million HYPE as seed capital investment.
According to Lookonchain monitoring, a trader (0xc6fe...79b1) made over $1.4 million in profit from the rise of HYPE within two days. Yesterday, he opened a 10x long position of 110,735 HYPE, worth $7.6 million, and closed the position for a profit of $580,000. Subsequently, he reopened a 10x long position of 204,383 HYPE, worth $14.89 million, with an unrealized profit of $838,000.
Odaily Odaily News According to Onchain Lens monitoring, HYPE has hit a new all-time high and broken above $72. Loracle (@loraclexyz) has closed over 50% of their HYPE short position, still holding 843,232 HYPE short positions, worth $60.7 million, with floating losses exceeding $22 million. Meanwhile, a whale holds a 5x leveraged long position on HYPE, with floating profits currently exceeding $46 million.
according to on-chain analyst Ai Yi's monitoring, the address (0xc72...0517c) opened short positions in BTC, ETH, and HYPE tokens around mid-November last year. Currently, the BTC and ETH short positions are valued at $7.321 million, with an unrealized profit of $2.5 million; the HYPE short position is valued at $1.7 million, with an unrealized loss of $1.029 million. After offsetting, the account has a total unrealized profit of $1.471 million.
According to on-chain analytics platform Lookonchain (@lookonchain), loracle.hl (@loraclexyz) previously incurred losses exceeding $35 million from shorting over $110 million worth of HYPE. It is now closing out部分 of its HYPE short positions and shifting to a long position on ASTER. It currently still holds a short position of 1.5 million HYPE tokens, valued at approximately $103.1 million.
According to Onchain Lens monitoring, whale Loracle has closed its short positions in BTC, LIT, TON, and VVV. The HYPE short position is still being closed, with a remaining 1.518 million HYPE short position, approximately $105 million, resulting in losses exceeding $36 million. Loracle has newly opened a 10x long position in ZEC, as well as 5x long positions in ASTER and TON, and its holdings are continuing to increase.
According to Onchain Lens monitoring, a whale deposited $3.12 million USDC into HyperLiquid and purchased 45,887 HYPE at a price of $68.09.
Odaily reports, according to Onchain Lens monitoring, as the HYPE price once rose higher, a whale "0x082"'s 5x leveraged HYPE long position has now generated an unrealized profit of $40.69 million. The whale currently still holds 1.38 million HYPE, worth $94 million.
Renowned trader Loracle has recently begun partially closing his short position in HYPE while increasing his short position in SOL. As he still holds approximately $59 million worth of HYPE spot assets, the market is closely watching for potential sell-off activity.
according to Lookonchain monitoring, an a16z-affiliated whale purchased another 226,121 HYPE today, worth approximately $14.5 million.Data shows that since April 14, the whale has accumulated a total of 3.9 million HYPE, worth approximately $192.6 million, with an average purchase price of around $49.4.
A whale address that participated in the HYPE genesis distribution recently executed large-scale transfers, with some tokens moved to Coinbase; the cumulative profit is estimated to exceed $94 million.
U.S. spot Bitcoin ETFs have experienced net capital outflows for nine consecutive trading days, totaling approximately $2.84 billion. This marks the longest consecutive losing streak since the product's launch in 2024, surpassing the previous record set on February 8, 2025. BlackRock's IBIT was the primary source of these outflows.Analysts indicate that this round of capital outflows reflects a notable cooling in institutional demand for Bitcoin ETF exposure. Meanwhile, the market is showing signs of divergence: Hyperliquid-related ETFs and certain XRP spot ETFs continue to record capital inflows. In contrast, spot Ethereum ETFs have also faced capital outflows for 13 consecutive days, with cumulative outflows reaching approximately $694 million. This suggests that capital within crypto asset ETFs is undergoing a reallocation. (Cointelegraph)
according to on-chain analyst Yu Jin's monitoring, the largest HYPE short position holder, loracle.hl, continues to sell HYPE: After selling 557,000 HYPE ($33.35 million) last Thursday, he further applied to redeem 892,500 HYPE. Two hours ago, he transferred the successfully redeemed 892,500 HYPE ($55.6 million) to Hyperliquid, and is expected to continue selling. Similarly, after transferring these 892,500 HYPE to Hyperliquid, he has proceeded to apply for the redemption of the final 700,000 HYPE from his address.
Bitget has launched a new edition of CandyBomb, with a total prize pool of 165 HYPE. This event is exclusively for new futures contract users. Participants who complete the specified net deposit and futures trading tasks can earn a maximum of 1.65 HYPE per person.Detailed rules have been announced on the official Bitget platform. Eligible users must click "Join Now" to register before participating. The event ends on June 8 at 18:00 (UTC+8).