Lookonchain APP

App Store
Feeds Articles

「Hyperliquid Former Employee」 Sold Over $3.3M Worth of HYPE Spot This Month, Incurred a $1.43M Monthly Loss

2 hours ago

On December 22nd, data from Coinbob Popular Address Monitor shows the address linked to a former Hyperliquid employee (0x7ae) has been consistently selling HYPE spot tokens since this month. The address cut its HYPE holdings from $5.85 million to $2.48 million, a total reduction of over 70,000 tokens. It currently holds ~98,200 HYPE tokens. Amid HYPE’s price decline, the address has incurred a $1.43 million monthly loss, with ~$4.2 million remaining in its account. Additionally, it holds a small HYPE short position with an average entry price of $24.17—facing an unrealized loss of 43.5% and a position size of ~$25,800. The address first gained attention for shorting HYPE and its ties to the Hyperliquid team. In a recent post today, the Hyperliquid team stated the address belongs to a former employee dismissed in Q1 2024, who is now fully disassociated from Hyperliquid Labs. The team clarified the individual’s actions do not reflect the team’s standards or values.
Add to Favorites Download image Share x Copy link
Relevant content

If Bitcoin breaks through $92,000, the mainstream CEX cumulative short liquidation pressure will reach $770 million

Per Coinglass data as of Dec 22: - Bitcoin’s breach of $92k would trigger $770M in cumulative short liquidations across major centralized exchanges (CEXs). - Conversely, a dip below $88k would lead to $517M in cumulative long liquidations on the same platforms. BlockBeats Note: Liquidation charts do not accurately reflect the number of pending liquidation contracts or the exact value of active liquidations. Instead, bars represent the relative importance of each liquidation cluster vs. nearby clusters—this is "intensity." In short, these charts show how strongly the underlying asset’s price will react at a specific level. A taller "liquidation bar" means a more intense price response from a liquidity cascade once that level is hit.

1 seconds ago

Bitcoin Surges Above $90,000

December 22 — Bitcoin rebounded to break above $90,000, according to HTX market data. It was last trading at $90,027.26, up 1.53% over the past 24 hours.

1 seconds ago

Hyperliquid ecosystem Kinetiq has completed its HIP-3 decentralized exchange platform registration

December 22 According to MLM Monitor, Kinetiq— the decentralized derivatives platform built on the Hyperliquid ecosystem (branded as Markets by Kinetiq)— completed its HIP-3 decentralized exchange (DEX) registration roughly two hours ago. It is now the 5th HIP-3 DEX deployed on Hyperliquid’s mainnet. Current available markets include: - US500 (S&P 500 Index, up to 10x leverage) - BABA (Alibaba Group, up to 10x leverage) - EUR/USD (Euro vs. U.S. Dollar, up to 50x leverage)

1 seconds ago

Bloomberg: Ghana Eases Regulation for Crypto Activities with New Legalization Bill

Bloomberg reported on December 22 that Ghana’s parliament has approved a cryptocurrency legalization bill. The legislation aims to address the central bank’s concerns over the growing use of this alternative asset class in the West African nation amid a lack of proper regulation. Ghana Central Bank Governor Ernest Addison said over the weekend in the capital Accra that the passage of the “Virtual Asset Service Providers Bill” will streamline licensing for cryptocurrency exchanges and regulate related activities.

1 seconds ago

The address bought 3.22 million FARTCOIN 30 minutes ago.

December 22 — Onchain Lens monitoring shows a newly created crypto wallet has spent 7,886 SOL (roughly $1 million) in the last 30 minutes to buy 3.22 million FARTCOIN at $0.31 per coin.

1 seconds ago

The probability of a Fed rate cut in January has decreased to 19.9%, while the probability of rates staying unchanged in March is at 44.7%.

As of December 22, CME’s FedWatch data shows the probability the Federal Reserve will cut interest rates by 25 basis points at its January meeting next year has fallen below 20% to 19.9%, while the chance of rates staying unchanged stands at 80.1%. Last week, that January rate-cut probability had risen to 31%. Looking ahead to March, the odds of the Fed keeping rates steady through that meeting are 44.7%, with a 46.5% chance of a cumulative 25-basis-point cut and an 8.8% probability of a cumulative 50-basis-point reduction. The Fed’s next two FOMC meetings are scheduled for January 28, 2026, and March 18, 2026.

1 seconds ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join