Whale Deposits $3M USDC to Hyperliquid, Sets Buy Orders for HYPE

GateNews
HYPE4,8%

Gate News bot message, a whale has deposited $3 million USDC into Hyperliquid and placed an open order to purchase HYPE on the spot market with a price range between $28 and $22.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

DeFiance Capital Founder: Going long on cryptocurrencies and shorting stocks trading strategies may be attractive, as USDC supply returns to a historical high

DeFiance Capital founder Arthur believes that the current stock market is priced too optimistically, and market shifts will accelerate adjustments. He thinks that Bitcoin and crypto assets present opportunities to perform amid uncertainty, and recommends a "long crypto, short stocks or high-yield bonds" strategy. Additionally, he mentioned that USDC supply has rebounded to historical highs, which may drive CRCL growth.

GateNews32m ago

Balaji Srinivasan Calls for Development of Refugee Crypto Tools, Stablecoins May Become Financial Solution for Global Displaced Persons

Former CEX Chief Technology Officer Balaji Srinivasan is calling on the crypto industry to develop blockchain-based financial tools for refugees and stateless persons to address service gaps caused by population migration. He points out that traditional financial systems often fail during conflicts, while blockchain possesses interference-resistant capabilities. However, despite the demand, related products targeting this demographic remain limited. Stablecoins are playing an increasingly significant role in fund flows, and the future requires more cryptocurrency financial tools oriented toward vulnerable populations.

GateNews2h ago

Whale Deposits 1.5 Million USDC to HyperLiquid Again, Opens 20x Leveraged Brent Crude Oil Short Position

Gate News: On March 16, according to Onchain Lens monitoring, whale address "0xF78" deposited another 1.5 million USDC to HyperLiquid, bringing the cumulative deposit amount to 7.1 million USD, and opened a 20x leveraged short position on BRENTOIL (Brent Crude Oil). Additionally, the whale currently holds a short position on CL (crude oil futures) worth 8.8 million USD, also using 20x leverage.

GateNews4h ago

Delphi Digital: Sufficient collateral backing for stablecoins does not mean immunity from bank runs; the risk has shifted to the issuer level

Delphi Digital analysis points out that although Tether and Circle's stablecoins are backed by short-term Treasury bills and cash equivalents, they are not completely safe and still face bank run risks. The USDC depegging event in early 2023 demonstrated that stablecoin risks have shifted to issuers, highlighting the dangers posed by their centralization.

GateNews4h ago

USDC Overtakes USDT in Adjusted Transaction Volume, Gains Lead in Five National Markets

Circle's USDC stablecoin has surpassed Tether's USDT in adjusted transaction volume for the first time since 2019, processing approximately $2.2 trillion year-to-date compared to USDT's $1.3 trillion, according to March 13 research from Mizuho Financial Group.

CryptopulseElite6h ago
Comment
0/400
No comments