Iran Plans to Enact Hormuz Strait Management Law, Prohibiting Passage of Israeli-Linked Vessels

On April 20th, OnchainLens data shows a whale deposited $5.99M USDC into HyperLiquid and opened a 3x leveraged long position on Brent Crude Oil (BRENTOIL) worth $7.5M. The same whale also holds a 3x leveraged short position of 254,771 SOL (valued at $21M) that is currently facing an unrealized loss of over $1.679M.

On April 20, blockchain analytics platform OnchainLens reported that a crypto whale sold 9,765 ETH this morning at an average price of $2,300. The transaction converted the ETH into $22.46 million in USDC, netting the whale a profit of $2.38 million. Currently, the whale holds 1,064 ETH, valued at roughly $2.4 million.

**April 20** On-chain sleuth ZachXBT reported that three hours ago, the multi-sig address 0x53d7 linked to RAVE’s initial allocation transferred ~23 million RAVE (valued at $23 million) to two Bitget deposit addresses. Subsequently, the RAVE token price dropped 40%—falling from $1 to $0.6. Deposit Addresses: - 0x26aC542f5a04D574580881723224DAcD1EDB9B45 - 0x64D6E91D0bd9cB7be44E1e627264539493f73c2b

April 20 – Orca, the Solana-based liquidity protocol, has issued an update on the security incident involving Vercel’s cloud hosting platform. Orca’s frontend is hosted on Vercel. As a precaution, all potentially compromised keys and deployment credentials have been rotated. Orca’s on-chain protocol and user funds remain unaffected. The team will continue monitoring the situation and provide further updates as more details emerge.

April 20 — Fluid, a decentralized finance (DeFi) protocol, officially rolled out its aWETH redemption protocol on Wednesday. The launch comes as ETH utilization on the Aave platform has hit 100%, leaving many borrowers unable to withdraw funds and facing rising risks amid market volatility. The aWETH redemption protocol lets ETH borrowers: ? Redeem aWETH for wstETH or weETH ? Access liquidity instantly ? Lower liquidation risks Key details: - Users who’ve only borrowed ETH can redeem in full - For those with ETH collateral and other outstanding debts, the collateral will seamlessly convert to wstETH or weETH—while their debt stays the same Fluid is partnering with Lido Finance, EtherFi, and other ecosystem partners to mitigate DeFi systemic risks, ease usage pressure, and foster a healthier DeFi market. The protocol’s initial capacity cap is $1 billion worth of ETH.

April 20: Binance founder CZ said he couldn’t make it to Hong Kong this time, but he’ll soon be hosting his first book signing in Dubai—and is just waiting on physical copies to arrive.