News linked to both this project and an event.
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.
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.
Odaily report: Analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—all believe that despite Binance suffering an approximately $6.3 billion hack, there is currently insufficient evidence to suggest the incident will threaten the broader crypto market, and the market's prior recovery trend is unlikely to be interrupted as a result.Cantor Fitzgerald analyst Ramsey El-Assal noted that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen approximately $800 million, and Ripple has frozen about $200 million, with Binance stating that the total frozen stolen funds currently amount to roughly $3 billion. He believes the crypto industry is gradually improving its ability to respond to such security incidents and expects crypto-related stocks such as Coinbase, Robinhood, and Strategy to rebound once market panic subsides, recommending that investors buy on the dip.TD Cowen analyst Lance Vitanza believes the attack exposed security weaknesses in Binance's own transaction signing infrastructure rather than flaws in the underlying technology of cryptocurrencies like Bitcoin, and that the market sell-off may present an opportunity to accumulate Bitcoin and shares of listed companies holding Bitcoin.Compass Point analysts believe Binance has sufficient liquidity to cover the funding gap, and expect its excess USDT reserves, BTC reserves, and USDC funds to be adequate to absorb the losses. However, the firm also warned that Binance compensating customers could put pressure on stablecoin supply and may drive users to migrate from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid. (CoinDesk)
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.
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.
According to Onchain Lens, trader Long Loyalist deposited 4.9 million USDC into Hyperliquid about an hour ago and placed a buy order for 9,630 ETH, valued at approximately $20 million. The trader currently holds 4,860 ETH in long positions, worth around $10.94 million, with unrealized losses across 39 positions totaling $4.63 million, and cumulative historical losses reaching $4.29 million.
Odaily reports: According to Onchain Lens monitoring, the Binance hacker has begun selling STRK; two Hyperliquid traders hold STRK short positions with a combined unrealized profit of $4.46 million, of which one trader has an unrealized profit of $1.61 million and the other trader has an unrealized profit of $2.85 million.
Odaily News: According to Lookonchain monitoring, after the Binance attacker completed the sell-off of all 217.5 million ENA (worth approximately $33.93 million), a newly created wallet address (0xedc0) began going long on ENA.The address deposited 2 million USDC into Hyperliquid, then opened a long position of 22.78 million ENA with 3x leverage, with the position value at approximately $4.09 million.
Odaily reports: According to monitoring by on-chain analyst Ai Yi, the UXLINK hacker-linked address (0xde8...9524) opened a 30,282.4 ETH long position on Hyperliquid. Its unrealized profit reached $7.422 million in the early hours of today, but has now narrowed to $2.45 million. The original post stated that ETH came under pressure and pulled back due to the recent Binance hack incident.
According to MLM monitoring, of the 3.75 million HYPE sold by an address via OTC last month, 3.125 million were staked to a wallet and delegated to a validator collaborating with Hyperliquid Strategies and Unit. The remaining 625,000 HYPE were transferred to another wallet on HyperEVM. After lying dormant for nearly three weeks, that wallet sent 1 HYPE to a new wallet yesterday as a test. Just about an hour ago, the remaining 625,000 HYPE were fully transferred to that new wallet and cross-chain transferred from HyperEVM to HyperCore.
Odaily reports: According to MLM monitoring, of the 3.75 million HYPE traded over the counter last month, 3.125 million were staked to a single wallet, with validators Hyperliquid Strategies and Unit; the remaining 625,000 were transferred to another wallet on HyperEVM and left idle for nearly three weeks. Yesterday, that wallet sent 1 HYPE to a new wallet; the new wallet received funds the same day through several transfers, with the funds coming from a wallet associated with TradeXYZ's Hyperliquid purchases. Currently, the 625,000 HYPE has been transferred into this new wallet and moved from HyperEVM to Hypercore. MLM speculates that ICE is the buyer of the 3.75 million HYPE, but this has not been confirmed; the 625,000 HYPE may have been transferred to TradeXYZ as part of an ICE investment, and on-chain links suggest this portion of HYPE may belong to TradeXYZ.
according to Lookonchain monitoring, over the past few hours, 5 whales have all opened long positions on HYPE, totaling 597,912 HYPE, valued at $52.7 million.
Odaily reports, according to Lookonchain monitoring, a certain whale sold 694,300 HYPE over the past 5 days, worth $53.27 million.
according to on-chain analyst Yu Jin's monitoring, a whale transferred 694,300 HYPE worth $53.26 million to Coinbase over the past 4 days.
Odaily reports: According to Onchain Lens monitoring, a whale unstaked 387,000 HYPE from Kinetiq and transferred the tokens to Coinbase, possibly for sale. Of these, 100,000 were transferred two days ago, worth approximately $7.57 million; 100,000 were transferred today, worth approximately $7.86 million; and 187,000 were transferred previously, worth approximately $16.5 million.
According to on-chain analyst Ember (@EmberCN), HyperLabs, the Hyperliquid development team, applied to unstake 179,706 HYPE tokens worth approximately $14.49 million about 10 hours ago, and is expected to receive them late on November 4 (after the 7-day unlock period).
Odaily Report: Market monitoring firm Solidus Labs has identified that a trader placed over $170 million in anomalous orders through two accounts on Hyperliquid during the period of severe international oil price volatility between March 8 and 10, suspected of using "spoofing" to influence market prices. The accounts in question placed large orders on one side of the order book before quickly canceling them, while simultaneously executing trades on the other side. Solidus stated that the trader profited approximately $119,000 during the relevant period, but their true identity and subjective intent to manipulate the market have not yet been confirmed.In one case, the trader rapidly canceled approximately $17 million in sell orders while executing approximately $425,000 in buy orders, with the Brent crude oil perpetual contract price showing significant fluctuations before and after the cancellation. Hyperliquid Labs emphasized that all orders, cancellations, and trade records on the platform are publicly recorded on-chain and available for real-time review; the relevant contract issuer Trade.xyz also stated that the platform has order limits and continuous monitoring mechanisms in place. This incident has once again raised market concerns about trading regulation on crypto derivatives platforms and their potential impact on traditional commodity markets. (Bloomberg)
Avail has launched ShieldTX, a privacy tool for Hyperliquid traders, which reduces the ability of on-chain copy-trading bots to link transaction records and replicate trading strategies by creating a separate wallet for each perpetual contract position.According to research provided to The Block ahead of ShieldTX's launch, the tool analyzed 332,317 trading wallets on Hyperliquid and sampled 7 of the top 100 traders along with suspected copy-trading wallets, estimating that the median added cost per trade for copied traders due to execution price impact is 63 basis points, or 0.63%. The research also shows that among Hyperliquid's top 150 accounts, about 29% use sub-accounts, but the associated wallets may still be linkable on-chain. (The Block)
A Galaxy Research report shows that Meme coins' share of Solana trading volume has fallen from over 50% at the end of 2024 to 15%–20% in Q2 2026. In addition, SOL has declined nearly 20% year-to-date, and U.S.-listed spot and staked SOL ETFs recorded outflows for two consecutive weeks this month, totaling approximately $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has dropped from 17% to 6%. The Solana Foundation has reportedly issued a statement saying that Solana's transformation is underway, attempting to shift from a growth model reliant on Meme coins and speculative trading toward more mainstream financial applications such as stablecoins and tokenized assets, in a bid to win adoption from Wall Street institutions.However, with the crypto market downturn and the rise of competitors such as Hyperliquid, Solana faces challenges in transforming its growth model. Market analysts point out that the key to Solana's future lies in whether it can attract stable assets, developers, and users, rather than relying solely on speculative trading to drive growth. (Bloomberg)
According to Onchain Lens monitoring, a whale bought 123,055 HYPE from Wintermute after 27 days of inactivity, worth $10.02 million.