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「HYPE Listing Insider Whale」 Long on HYPE x5 with a Mark-to-Market Loss of $16 Million

2 days ago

December 11th — Per Onchain Lens data, HYPE has dropped below $27. The “HYPE Listing Insider Whale” holding a 5x HYPE long position is now facing a floating loss of over $16 million, with a liquidation price of $22.18.
Relevant content

A whale address transferred approximately 2.3 billion PUMP tokens to FalconX in the early hours of the morning. If sold, the loss would be around $5 million.

December 13: Per Arkham’s monitoring, two wallet addresses tied to the same whale (9uuDsd and 9jnPPD) transferred a total of 2.299 billion PUMP tokens to FalconX early this morning, valued at roughly $6.3 million. Historical data shows the whale has been accumulating PUMP consistently for over three months—first entering near the token’s price peak, then adding to its holdings during multiple market dips. Should the whale sell these tokens now, it could realize a loss of roughly $5 million.

25 minutes ago

Florida Authorities Unveil Cryptocurrency Scam Case, Seize $1.5 Million in Cryptocurrency

Decrypt reported on December 13 that Florida prosecutors have seized approximately $1.5 million in cryptocurrency linked to Chinese national Tu Weizhi. The seized wallet contained AVAX, DOGE, PEPE, and SOL tokens. The Florida State Attorney’s Office Economic Crimes Unit obtained a court order to freeze assets controlled by Tu, who faces charges of money laundering, grand theft, and organized fraud. Florida authorities stated Tu will be arrested if he attempts to enter the U.S. The seizure stems from an investigation launched in July 2024, after an Orange County resident reported losing $47,421 wired to what appeared to be an online investment scam. Investigators traced the funds to Tu’s wallet.

25 minutes ago

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $49.1 million, while the Ethereum Spot ETF saw a net outflow of $19.4 million.

Dec. 13 – Per Farside Investors’ monitoring, U.S. Bitcoin spot ETFs saw a net inflow of $49.1 million yesterday, including: - BlackRock IBIT: +$51.1M - Fidelity FBTC: -$2M Additionally, U.S. Ethereum spot ETFs recorded a net outflow of $19.4 million yesterday, with breakdowns as follows: - BlackRock ETHA: +$23.2M - Fidelity FETH: -$6.1M - Grayscale ETHE: -$14.4M - Grayscale Ethereum Trust: -$22.1M

25 minutes ago

Opinion's trading volume surged to $300 million due to user hedging demand, surpassing Polymarket.

December 13: Following the recent Polygon hard fork, some Polymarket users have reported issues including orders failing to execute on-chain and withdrawal delays. To hedge risks, some users have shifted to Opinion, driving a surge in its trading volume that surpassed $3 billion and outpaced Polymarket’s.

25 minutes ago

A whale address engaged in a panic sell-off early this morning, disposing of 3296 ETH.

On-chain analyst Ai Auntie (@ai_9684xtpa) noted on December 13 that address 0x074…9B748 executed a phased panic sell at the bottom 11 hours ago: the holder offloaded 3,296 ETH (≈$10.3 million) and closed the position for a net profit of $292,000. Two days earlier, the address held unrealized gains of $1.266 million—having entered the position on December 2 at $3,029 per ETH.

25 minutes ago

Suspected BitMine Address Received 14,959 ETH from BitGo

On December 13, per Onchain Lens monitoring data, a newly created cryptocurrency wallet received 14,959 ETH from BitGo—valued at roughly $48.42 million. The address is widely speculated to belong to BitMine.

25 minutes ago