News linked to both this project and an event.
The biggest short-seller of HYPE, “Trader Loracle,” will unlock 893,000 HYPE tokens—worth approximately $50.8 million—from its staked holdings in the next 7 hours. This represents the largest single unlock by this whale recently. Its total staked balance stands at roughly 2,009,000 HYPE, valued at approximately $120 million. Over the past month, this whale has already unlocked HYPE twice, totaling 1,115,000 tokens (valued at ~$63.51 million). According to traceable on-chain records, it sold 557,000 HYPE—worth approximately $33.35 million—on May 21, the same day HYPE first broke its all-time high.
According to Hyperinsight’s monitoring, ETH’s price temporarily retreated to around $2,000. On Hyperliquid, the largest ETH long position—held by the “BIT-affiliated whale”—saw all four addresses under its control simultaneously incur unrealized losses, totaling $33.86 million. Based on its estimated entry capital of approximately $16.5 million, the current unrealized loss has already exceeded the position’s initial capital by more than double.
: According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, after a five-day pause, an entity linked to a16z has resumed its large-scale accumulation of HYPE.Data shows that over the past 7 hours, this entity has withdrawn a total of 253,947.43 HYPE from multiple exchanges and market maker addresses, valued at approximately $15.03 million, with an average withdrawal price of around $59.2.Currently, HYPE has retraced about 10% from its all-time high, now trading at $58.13.
Odaily, McKenna, a partner at Arete Capital, shared a bullish outlook, stating that HYPE has firmly established itself at its all-time high, with a first target price of $84. Based on the recent strong momentum, he expects it to surpass $100 in less than 12 months.McKenna specifically noted that the HYPE spot ETF has seen strong capital inflows since launching in the $50 range, proving that traditional financial institutions are eager to enter at this price level. Data shows that the HYPE ETF absorbed over $72 million shortly after listing, with institutional capital flowing in at a pace comparable to the early Bitcoin ETF frenzy.
According to Kairos Research data, Hyperliquid’s (HYPE) spot ETF absorbed 1.04% of its market capitalization within the first 10 trading days after launch—outperforming the debut performance of spot ETFs for Bitcoin (0.59%), Ethereum (0.41%), and Solana (0.31%) when measured by market-cap-adjusted demand. Bloomberg ETF analyst Eric Balchunas noted that 21Shares’ HYPE ETF (THYP) has surged 50% since its launch two weeks ago—growing faster than BlackRock’s Bitcoin ETF, IBIT.
According to Onchain Lens monitoring, a whale closed a ZEC long position at a loss of over $1.2 million, then opened a long position on 263,400 HYPE tokens with 10x leverage, with a position value of $16.6 million.
According to Hyperinsight monitoring, HYPE surpassed its peak from last year on May 21, reaching an all-time high (approximately $61). In the following days, although HYPE continued to set new all-time highs (approximately $64), net inflows across the cross-chain bridge dropped sharply and turned into net outflows. In the most recent UTC trading day, total outflows across the Hyperliquid cross-chain bridge surged to $149 million, with a single-day net outflow of $91 million.
According to Hyperinsight monitoring data, the Hyperliquid ETF recorded a single-day net inflow of $20.4 million, with BHYP accounting for $19 million and THYP for $1.4 million. Since its launch, this ETF category has achieved net inflows for 15 consecutive days, totaling $101 million. Institutional allocation demand continues to intensify, potentially driving Hyperliquid’s TVL to a new six-month high. It is reported that 21Shares launched THYP on May 12 (UTC), making it the first to enter the market, while Bitwise launched BHYP on the evening of May 15 (UTC). Following the sequential listing of these two ETFs, overall trading activity in the sector has continued to heat up. Notably, BHYP’s current daily trading volume has expanded approximately 13.6-fold from its debut-day volume of $1.3 million.
Kairos Research posted on X platform, stating that the HYPE spot ETF has absorbed 1.04% of the HYPE circulating market cap within its first 10 trading days, marking the strongest debut among all spot crypto ETFs to date. A comparative analysis of the same period shows that among the cohort of new issuers (excluding net outflows from legacy trust products like GBTC and ETHE), BTC spot ETFs accounted for 0.59%, ETH for 0.41%, and SOL for 0.31%.
According to on-chain analytics platform Lookonchain (@lookonchain), 46 days ago, a newly created wallet purchased HYPE for $5 million in USDC. Eight hours ago, the wallet sold all its HYPE holdings for $7.51 million, realizing a total profit of $2.51 million over the 46-day period.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader has taken a long position on Micron ($MU) on Hyperliquid, with unrealized profits currently reaching $8.2 million. Notably, the trader has placed take-profit orders for $MU at $2,800 and $2,900. If $MU reaches either of these target prices, the trader’s cumulative profit will exceed $50 million.
According to Hyperinsight monitoring, early this morning, the short position address on Hyperliquid—dubbed the “$13M Whale”—suffered yet another liquidation after two consecutive forced liquidations, bringing its total liquidated amount to 96.39 BTC (valued at approximately $7.3 million). This whale has been the largest liquidation address on Hyperliquid for three consecutive days, with a cumulative liquidation value of $30.46 million. Details are as follows:
According to on-chain analyst Ai Aunt (@ai9684xtpa), the address 0x900…E5B63 deposited 1 million USDC to Hyperliquid 10 hours ago and subsequently opened a long position of 10,217.71 SPCX tokens at 1x leverage; the position’s notional value is approximately $2.072 million. Currently, this account is the only long-position holder among the top five largest SPCX positions on Hyperliquid.
according to Onchain Lens monitoring, a whale sold 123,100 HYPE at a price of $61, exchanging it for 7.5 million USDC, making a profit of $2.5 million after holding for over 1.5 months. The whale purchased this batch of HYPE when it was worth $5 million.
Odaily reports, according to data monitored by on-chain analyst EmberCN (@EmberCN), a whale has been repeatedly going long on Micron Technology (MU) on Hyperliquid since March this year. The whale has grown their initial principal of 4.33 million USDC to approximately $13 million.Data shows that after transferring 4.33 million USDC to Hyperliquid in March, the address began going long on MU and has been continuously adding to the position using unrealized profits. The total MU long position now stands at approximately $21 million, with corresponding unrealized profits of around $8.25 million.
according to Lookonchain monitoring, address 0x3527 has just bought another 40,000 HYPE, valued at approximately $2.38 million.Data shows that this address has accumulated a total of 132,758 HYPE over the past three days, worth approximately $7.96 million.Additionally, a newly created wallet address, 0xBCd5, withdrew 501,250 HYPE from Coinbase Prime 7 hours ago, valued at approximately $30.93 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 501,250 HYPE tokens from Coinbase, valued at approximately $30.93 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address 0x3ed opened a leveraged long position of 142,754 HYPE tokens at 10x leverage, valued at approximately $9 million. This whale also holds a 10x leveraged long position in ZEC, currently facing a floating loss exceeding $425,000.
According to monitoring by on-chain analyst Ai Yi, the Hyperliquid account "Evaded" holds positions in the completely opposite direction and with a similar amount to the 1011 whale (Garret Jin), who previously experienced a liquidation of $230 million."Evaded" (@ICanPlug) is shorting BTC with 40x leverage, holding a position worth $40.3 million; and longing ZEC with 5x leverage, holding a position worth $32.67 million.Garret (@GarrettBullish) is longing BTC with 5x leverage, holding a position worth $38.68 million; and shorting ZEC with 3x leverage, holding a position worth $35.14 million.Currently, "Evaded" has a cumulative floating loss of $2.2 million, while Garret has a floating profit of $450,000.
According to Hyperinsight monitoring, ZEC has been undergoing a sustained pullback from its intraday high today, with a cumulative decline of 8.5%—reaching a low of $620. This pullback triggered consecutive liquidations of a large whale’s long positions on Hyperliquid, resulting in approximately $1.48 million in forced liquidations. During ZEC’s decline, this address repeatedly opened leveraged long positions, accumulating a total of 2,403 ZEC near $649 (at which point ZEC had pulled back roughly 4.56% from its intraday high). However, the market failed to stabilize at this accumulation level; price continued falling and breached the address’s liquidation price, resulting in a loss of approximately $86,000.