Analysis: Most whales trading PUMP contracts on Hyperliquid are low-leverage transactions, perhaps mainly for arbitrage
By: odaily.com|2025/07/10 14:56:30
0
Share
Odaily News According to Ai Yi, an analyst on the chain, after Hyperliquid launched the PUMP contract, most of the whales played the game of millions of margin + 1x leverage. In fact, they were most likely to go for the public offering arbitrage on the 12th, or to make a short-term profit. Currently, three whales have accumulated a deposit of 11 million USDC, but only opened a short position of 2.394 million US dollars. Due to the lack of a mark price, HYPE is currently in a state of easy manipulation. If it is pulled to 0.015 US dollars at 11:30 this morning, then the 1x leverage will also be forced to close if the margin is insufficient. Among them, the address 0xAc7...D53ce is the most aggressive, with a margin of 4 million USDC to open a 2x short order, holding 1.074 million US dollars, an opening price of 0.00504 US dollars, and a closing price of 0.02138 US dollars.
You may also like
Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?
Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.
Value Distribution of Stablecoins
The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.
On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms
The price has been discovered, and the market surrounding the price is still under construction.
Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.
After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.
SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026
Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.
Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.
If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.
Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.
Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11
a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.
Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.
How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.
Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?
Galaxy Research believes that the four-year cycle of Bitcoin is still valid, but the amplitude of the cycle is shrinking. This round's peak is milder, which means that even if the pullback continues, the bottom may be higher than the extreme levels of past cycles.
Value Distribution of Stablecoins
The issuance layer obtains user funds and takes the largest profit margin; the two middle layers rely on traffic, distribution commissions, and underlying infrastructure; the application layer enjoys convenience but has no bargaining power.
On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms
The price has been discovered, and the market surrounding the price is still under construction.
Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?
Anthropic has issued an urgent notice that Claude users may face real-name verification in July. From now on, every time you use Claude, you may need to be prepared with your ID.
After 18 years, blockchain has finally started to head towards the main channel
When AI becomes the new center of gravity in the capital market, the response of crypto VCs is not to stick to "Crypto-only," but to repackage crypto as the financial track, ownership layer, and autonomous system infrastructure of the AI era.
SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026
Bitcoin recently plunged below $60,000 before rebounding, while SpaceX's historic IPO and Nvidia's continued AI momentum captured traders' attention worldwide. Explore why more crypto traders are looking beyond crypto in 2026 and what this shift means for emerging market opportunities.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
