April 7, Hyperliquid whale 0xa5b0..41 holds $1.5M ETH long at $2,148.7, unrealized loss -$3.395M. Platform longs $182M vs shorts $169.6M.
What are your next steps in this market condition? What do you expect in the coming days?
Will it be:
1- A sharp decline from $BTC and other cryptocurrencies?
2- A sharp rise in $BTC and other cryptocurrencies?
3- A moderate movement between rise and decline?
#BitcoinPricePredictions #QuantumThreatToCryptoSecurity #RWAMarketExpandsWithNewInitiatives #PredictionMarketsExpandMediaIntegration #ETHWhalePositionsOnHyperliquid
Share your thoughts 👍
Why has Hyperliquid completely stopped listing crypto assets? There's still fuss to capitalize on that's getting launched, like $EDGE
According to Coinglass data, $231 million in total liquidations occurred across the network in the past 24 hours, including $99.89 million in long liquidations and $131 million in short liquidations. Of this, Bitcoin longs were liquidated for $43.01 million and Bitcoin shorts for $68.56 million; Ethereum longs were liquidated for $18.95 million and Ethereum shorts for $32.02 million.
HIP-3 just pulled in $25M total, $12.5M to deployers and $12.5M to the Assistance Fund, all while still in growth mode. Capital is flowing in before the system is fully matured. That’s not normal, that’s strength. Hyperliquid $HYPE is setting the standard. DeXs either adapt to this model or get left behind. This is how you stay first to market and list the tickers traders actually demand.
hyperliquid burned 42.9m HYPE ($1.55b) since inception. 99% of $600m annualized fees go directly to buybacks and burns. validator inflation is maybe 300k HYPE/month. the net burn rate is massive. april 6 unlock dropped 9.92m HYPE ($375m) into a market doing 254k active traders and $7.6b open interest. protocol is 4th globally in fee generation behind tether, circle, and polymarket. the unlock is a one-time event absorbing bid side on a structurally deflationary token. validator costs are 1-2% of revenue. that's a rounding error. deploying more capital. steady lads
$HYPE Hyperliquid’s 30-day average revenues are still low, even with record highs in active traders and HIP-3 markets open interest. Revenues were actually higher when the token was around $21 a few months ago. I see this as temporary. Revenues should pick up as volatility returns, with portfolio margin fully rolled out and HIP-4 bringing options and prediction markets. Still, from a trading perspective, it’s hard to ignore in the short term.
It is assumed that DARMA Capital co-founder Andrew Keys transferred 60,000 ETH to the Coinbase exchange this morning #ETH #COIN
