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Office of the United States Trade Representative: To Issue Notice on 15% Tariff

2 hours ago

Feb. 25: U.S. Trade Representative Katherine Tai said the U.S. is exploring how to implement a 15% tariff and will issue a notice regarding this tariff.
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Hyperliquid's largest ETH long position's unrealized loss has narrowed to $10.35 million, with a position value of $230 million

Feb 25th — Hyperliquid’s largest ETH long position holder added another 15,000 ETH to its position this morning, per EmberCN monitoring. The entity now holds a total of 120,000 ETH in long positions, with a combined value of $230 million. Its unrealized loss has narrowed to $10.35 million. Breakdown of the two addresses: - Address 1: Holds 70,000 ETH in long positions opened at $1991, with a liquidation price of $1362. - Address 2: Holds 50,000 ETH in long positions opened at $2012, with a liquidation price of $1350.

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USDC Treasury Mints Additional 250 Million USDC on the Solana Chain

Feb. 25 — Per Whale Alert data, the USDC Treasury has minted an additional 2.5 billion USDC on the Solana blockchain.

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The ARC Fee Rate on Lighter has surged abnormally to 2100%, with a whale engaging in heavy leveraged long position to lure short sellers into the market.

On February 25, per on-chain analysis from @Route2FI: - A whale holds a $24 million long position in ARC on perpetual DEX Lighter, executing $360k hourly dollar-cost averaging via TWAP (Time-Weighted Average Price) to support the long side. - The whale has netted $5 million in profits. - Lighter’s ARC perpetual contract annualized funding rate has surged to 2100% (~5.7% daily for short sellers), drawing more shorts and escalating the long-short tug-of-war. Route2FI noted the whale’s moves mirror the 2025 JellyJelly manipulation case on Hyperliquid: - A Hyperliquid whale heavily shorted JELLY perps while inflating spot prices via alternative accounts and on-chain transactions, triggering short-side liquidations. - Hyperliquid’s HLP (liquidity pool) incurred losses post-settlement; the team urgently voted to delist JELLY and force settlements at a sharply reduced price. Route2FI added the whale’s current intent remains unclear. Unlike Hyperliquid’s HLP (which absorbs liqu

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17.3k HYPE tokens will be unlocked today and distributed to the team on March 6th.

On February 25, iliensinc—co-founder of Hyperliquid—said in the official Discord channel that 173,000 HYPE tokens from Hyperliquid Labs will be unlocked today and distributed to team members on March 6.

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Bank of America: Gold Price Expected to Reach $6,000/oz in the Next 12 Months

February 25 — Bank of America said in its latest report that it expects gold prices to hit $6,000 per ounce over the next 12 months. Additionally, while the current jump in silver prices could potentially speed up a drop in solar panel demand, the metal is still on track to top $100 per ounce again this year. (FXStreet)

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The Prediction Market Protocol TBD has completed a $3 million seed round, with CMT Digital and ParaFi co-leading the investment.

On February 25th, Solana-based prediction market protocol TBD closed a $3 million seed funding round led by CMT Digital and ParaFi, with Jump Crypto also participating. The project previously raised $800,000 in angel funding, with backers including Slow Ventures General Partner Sam Lessin, Solana co-founder Raj Gokal, Polygon Labs CEO Mark Boiron, Wintermute founder Evgeny Gaevoy, and dYdX founder Antonio Juliano. TBD was co-founded by former members of the dYdX team and is set to officially launch following the completion of its beta testing.

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