Over the past 6 hours, whales/institutions have sold 871,000 $HYPE ($64.82M) through FalconX.

According to Coingecko data, as Bitcoin climbs above $75,000, the total cryptocurrency market cap has hit $2.6 trillion, marking a 5.8% 24-hour gain. Bitcoin’s market dominance stands at 58%, while Ethereum’s is at 10.9%.

According to monitoring by Onchain Lens, FalconX transferred approximately 1.42 million HYPE tokens to multiple mainstream crypto trading platforms over the past 24 hours, valued at around $104 million. Over-the-counter (OTC) buyers have been continuously selling HYPE. The specific transfer breakdown is as follows: · Gate: ~480,850 HYPE (≈$34.14 million) · Bybit: 325,000 HYPE (≈$24.15 million) · OKX: ~325,560 HYPE (≈$24.17 million) · Coinbase: ~250,240 HYPE (≈$18.58 million) · KuCoin: ~25,000 HYPE (≈$1.8 million)

According to an official announcement, Bitget has launched three stock perpetual contracts: MRK (Merck), MRNA (Moderna), and TEM (Tempus AI), to meet users' diversified investment needs. All these contracts are settled in USDT, support up to 20x leverage, and offer 24/7 trading. As of now, Bitget supports a total of 280 stock contract underlyings.

According to monitoring by Farside Investors, Bitcoin ETFs posted a net inflow of $606.3 million yesterday, while Ethereum ETFs recorded a net inflow of $219.5 million.

According to monitoring by Onchain Lens, the government of the Kingdom of Bhutan has transferred 490.87 BTC to a newly created wallet, with the transfer valued at approximately $32.74 million.

Ripple is backing a new institutional credit fund, which will partner with lending platform Clearpool and credit management firm Cicada Partners to offer working capital loans to fintech and payment companies using Ripple-issued stablecoin RLUSD on the XRP Ledger. Per disclosures, the fund will disburse loans denominated in RLUSD. Cicada Partners will source borrowers, set loan terms and manage credit risk; Clearpool will build the infrastructure for creating and managing lending pools; Ripple is participating as one of the investors, though its exact investment size has not been disclosed. The product is not yet live on the XRP Ledger mainnet. Ripple will participate as a limited partner, with the same terms as other investors, and does not assume loan loss guarantee obligations. Borrowers will receive and repay loans in RLUSD, which will boost demand for the stablecoin while bringing lending activity to the XRP Ledger.