Key takeaways HYPE is trading above $44 on Wednesday after over 4% gains the previous day. On-chain data shows an increase in user activity on Hyperliquid as TVL and stablecoin market capitalization rise. Hyperliquid (HYPE) traded above $44.00 on Wednesday, extending its rally for a sixth consecutive session as rising derivatives activity and growing platform […]
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Stablecoin dominance TBO support jumped from 8% to nearly 10%, a shift analysts say mirrors 2022 bear market pivot patterns. Not financial advice. Combined stablecoin dominance TBO support jumped from 8.051% to just under 10%, landing at 9.986%. According to MooninPapa on X, that kind of shift does not happen on ordinary sessions. It marks […]
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After hovering slightly above the $320 billion threshold last week, the stablecoin sector pulled in more than $2 billion in fresh capital over the past seven days. Data from Defillama shows the stablecoin economy now carries a combined market capitalization of $322.74 billion. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) […]
On-chain data shows Bitcoin’s latest price move to $80,000 has not been based off of spot demand alone. A new trend of derivatives activity is building under the market, with open interest across major exchanges recording its strongest increase of 2026 and even surpassing the rise seen during Bitcoin’s 2025 all-time high formation. However, technical […]
Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings.
The post USDT On Ethereum Sees Largest Exchange Outflow Since February — Details appeared on BitcoinEthereumNews.com.
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Ope
According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded its largest flow out of exchanges in months. Around 1.29 billion stablecoins (the highest since February) were transferred out of exchanges on Friday, May 8th. This on-chain observation is based on the change in the Exchange Flow Balance indicator, which measures the net amount of tokens moving into and out of centralized exchange addresses. Related Reading: This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now A spike in the Exchange Flow Balance metric indicates that more tokens (USDT, in this case) are flowing to centralized exchanges. On the other hand, when the indicator declines, it suggests that investors
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Hyperliquid burns $824K in daily HYPE fees, with 45.1M tokens burned as price trades near $43 and tests $45 resistance. Hyperliquid burned about $824,688 worth of HYPE in the last 24 hours, according to figures shared in the market update. The buyback and burn activity comes as HYPE trades near $43, while traders watch the $45 resistance zone for confirmation of a stronger move. Hyperliquid Uses Daily Fees for HYPE Buyback and Burn Hyperliquid generated about $824,688 in fees over the past 24 hours. The update stated that 100% of those fees were used to buy back and burn HYPE. The model has attracted interest because it links platform activity with token supply reduction. Many projects use revenue for operations, incentives, or treasury growth. Hyperliquid’s current model directs fees toward token burns. In the last 24 hours, Hyperliquid generated approximately $824,688 in fees — and 100% of it was u
Hyperliquid burns $824K in daily HYPE fees, with 45.1M tokens burned as price trades near $43 and tests $45 resistance. Hyperliquid burned about $824,688 worth of HYPE in the last 24 hours, according to figures shared in the market update. The buyback and burn activity comes as HYPE trades near $43, while traders watch the […]
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