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A whale added over $5.34 million to their HYPE short position half an hour before a certain contract trade incurred a $22 million loss.

6 hours ago

On July 12th, based on on-chain data, a whale added 49,939.28 HYPE short positions with a 5x leverage half an hour ago. The position value now amounts to $79.5 million. In addition, the whale also holds a $236 million 10x Bitcoin short and a $137 million 10x Ethereum short. It is worthy of note that this address has accumulated a loss of $22.52 million on Hyperliquid.
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BUILDon has officially rebranded as BUILDON GALAXY, and the first Launchpad of the USD1 ecosystem is about to go live.

On July 12th, BUILDon has officially undergone a rebranding and is now known as BUILDON GALAXY. Additionally, it has announced the upcoming launch of the first Launchpad within the USD1 ecosystem. With a focus on high-quality projects, it will offer rigorous screening, multi-chain deployment, flexible launching, and continuous market support, aiming to inject new vitality into the USD1 ecosystem.

31 minutes ago

Bitcoin Plunges Below $117,000 in Short-term Dip

On July 12th, according to HTX market data, Bitcoin briefly fell below $117,000 and is currently trading at $117,091.

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A whale prepared 40 million USDC three weeks in advance to participate in the PUMP token sale but ended up only purchasing around 5.15 million US dollars.

July 12. According to on-chain analyst Ai Auntie (@ai_9684xtpa), address E1bQJ...x2bux subscribed to 40 million USDC from Circle three weeks ago when the rumor about the upcoming TGE's PUMP was spreading. Six hours prior to the start of the public sale, approximately 25 million USDC was transferred to 29 addresses. Eventually, 7 addresses successfully sent in 5.15 million USDC (only including addresses with an amount ≥ $100,000).

31 minutes ago

Opinion: $5 Billion Sold in 12 Minutes Shows That 「Shitcoins Are Not Dead, They Just Lack Narrative」

On July 12th, the cryptocurrency KOL Miles Deutscher commented on the PUMP dump of 5 billion USD within 12 minutes. He stated that this shows that there is still a considerable amount of liquidity willing to participate when the opportunity is favorable. Shitcoins have not met their "demise"; they merely require the right narrative.

31 minutes ago

pump.fun sold 12.5% of its tokens in this public sale, which is different from the previously announced 15% allocation.

On July 12th, based on the information available on the official website of pump.fun, 12.5% of the tokens were sold during this public sale, generating $5 billion. This is in contrast to the previously announced plan to sell 15% of the tokens and raise $6 billion. As of now, pump.fun has not made a public disclosure regarding the specific reason for this discrepancy.

31 minutes ago

A whale who once bought 5.97 million TRUMP tokens at $0.2 each has invested $1 million to participate in the PUMP token public sale.

On July 12th, as per the monitoring of LookOnChain, the whale "ff.sol", which had previously purchased 5.97 million TRUMP at a price of $0.2 (with a cost of $1.19 million and a peak value of $438 million), has also established a new wallet and invested 1 million USDC in participating in the PUMP token sale.

31 minutes ago