0x7fd Address Whale Initiates Sell-off, Liquidates PUMP Short Position, Incurs over $19 Million Unrealized Loss, Total Position Reaches $377 Million
September 16th. Based on the monitoring of HyperInsight, a whale starting with the address 0x7fd decreased its PUMP short position at 16:00 today. The whale cut its position by approximately $1.0012 million. Currently, the unrealized loss is about $19.4476 million, and the liquidation price is around $0.015. The monitoring data indicates that this address has been actively taking short positions with 5-20 times leverage across multiple assets, and the total position value exceeds $377 million. The accumulated loss in the past month has exceeded $26.84 million. The major positions include PUMP, SOL, and FARTCOIN.
7 minutes ago
An anonymous whale has unbonded 2 million HYPE tokens, realizing a 9-month profit of $89.8 million.
On September 16th, as monitored by LookOnChain, a whale purchased and staked 2 million HYPE tokens 9 months ago at an average price of $8.68 (spending $17.4 million at that time, and now it is worth $107.2 million). Now, it has unstaked, likely preparing to cash out and take profits.
9 months ago, the whale deposited $17.4 million USDC into Hyperliquid through 3 wallets, bought 2 million HYPE tokens, and then transferred them to 9 wallets for staking.
They submitted an unstaking request 7 days ago and received the tokens 21 hours ago. After holding for 9 months, they are currently enjoying an unrealized gain of $89.8 million.
7 minutes ago
Deutsche B?rse's Trading Platform Launches Crypto Finance's Digital Asset Custody Settlement Service
On September 16th, as per CoinDesk, the subsidiary of Deutsche B?rse Group, Crypto Finance, has launched the AnchorNote system. The aim is to provide support to institutional clients who desire to trade digital assets in a regulated custody environment without having to move the assets out of custody accounts.
The system integrates BridgePort, which is a network connecting cryptocurrency exchanges and custodians. This enables off-exchange settlements and interoperability with multiple trading venues. AnchorNote allows for real-time asset mobility while still maintaining asset custody, thereby enhancing capital efficiency and reducing counterparty risk.
This service enables clients to open dedicated trading channels. BridgePort is responsible for handling intervenue message passing, and Crypto Finance acts as the collateral custodian. Institutional clients can manage collateral through a dashboard or integrate the service directly into their existing infrastructure via an API. An API
7 minutes ago
Institution: Federal Reserve's Current Rate Cut Cycle Could Extend Until 2027
September 16th: Francois Rimeu, a strategist at Credit Mutuel Asset Management, pointed out that the Federal Reserve is anticipated to commence a rate cut cycle this week and this may continue until 2027.
In his report, he stated, "Weak economic activities and the labor market suggest a requirement for more substantial monetary easing than was expected in June, which will lead to the year-end rate in 2027 being lower than what was previously predicted."
In addition to the expected 25 basis points rate cut this week, the institution anticipates another rate cut later this year, followed by two more cuts in 2026. The rate is ultimately expected to be lowered to 3.1% in 2027, approaching the long-term rate level of 3%. For 2028, the institution foresees rate stability. Data from the London Stock Exchange Group indicates that the current pricing in the U.S. money markets reflects expectations of nearly six rate cuts by the end of the next year. (FXStreet)
7 minutes ago
Analyst: If the Fed Cuts Rates by 25 Basis Points, Bitcoin Could Resume Slow Uptrend
On September 16th, according to CoinDesk, Bitcoin (BTC) still does not have a clear direction. It is oscillating repeatedly between $114,000 and $117,000 and continuing its downtrend.
Analysts state that if the Federal Reserve cuts interest rates by 25 basis points, it may enable Bitcoin to slowly resume its upward trend. However, if an unexpected 50 basis point cut occurs, the stock market, cryptocurrency, and gold may all experience a boom.
7 minutes ago
A certain Ethereum OG address transferred 2200 ETH to Bybit half an hour ago, suspected of selling off.
September 16th. As per on-chain analyst Ai Auntie (@ai_9684xtpa), the ETH OG address dating back to 2017 deposited 2200 ETH into Bybit half an hour ago. The value of this deposit is $9.92 million. There is a suspicion of selling, and if sold, the potential profit could be $9.518 million.
This address accumulated 16830.64 ETH from May 2017 to February 2020 at an average price of $181.35. Since the beginning of this year, it has made a total deposit of 8310 ETH into exchanges. The value of this deposit is $41.4 million, with an average deposit price of $4140. The total profit is $32.89 million, and the return on investment is 21.82 times.
7 minutes ago