Hyperliquid open interest surges to $2B with $646B quarterly volume

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted […]

A newly created wallet has caught the attention of the crypto traders after making a sizable bearish bet on the market through Hyperliquid. As per the data, wallet address 0xaeaa deposited 6.68 million USDC and used the capital to open multiple 20x-leveraged short positions in 3 of the largest tokens

Hyperliquid sunsets USDH as all HyperCore USDH markets settle, with users directed to swap, withdraw, or repay positions. Hyperliquid has completed the sunset of USDH after all USDH-denominated markets on HyperCore were fully settled. The update means USDH users now need to manage remaining balances, supplied funds, or borrowed positions. Hyperliquid directed users toward available […] The post Hyperliquid’s USDH Exit Sparks User Alert as Markets Fully Settle on HyperCore appeared first on Live Bitcoin News.

Bitcoin traded at $64,159 at 6:45 p.m. Eastern time on Saturday, and the derivatives market around it tells a story of retreat and repositioning. CME‘s bitcoin options open interest, measured in dollar terms, has dropped from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according […]

Andrew Tate’s Hyperliquid wallet shows over $803,800 in all-time perps losses after repeated crypto WLFI liquidations.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, Ethereum is up 2%, but that is hardly relevant given that the price has failed to reclaim the $1,800 resistance. Sellers returned there to keep the price locked in under this key level. With the uptrend halted, […]

Hyperliquid has retreated more than 13% from its record high after a wave of profit-taking hit HYPE, while traders assess whether a newly formed double-top pattern could trigger a deeper correction. According to data from crypto.news, Hyperliquid (HYPE) price fell…

MEXC, a pioneer in 0-fee digital asset trading, reported that daily trading volume for SPCX futures peaked at over 800 million USDT. Following SpaceX’s IPO, SPCX futures trading has continued to surge, with average daily trading volume in the three days post-IPO growing nearly 7 times compared to pre-IPO levels.