Hyperliquid Trading Volume Spikes After $HYPE Launch

On December 19, trading volume on @HyperliquidX experienced a massive surge of 539%, reaching $11.5 billion following the release of $HYPE. However, the momentum quickly slowed down as rumors of a potential platform hack spread. In the wake of the launch, significant whale activity was observed on the platform. A new wallet was created just … Read more

Ethereum Fees Surge Amid DeFi Activity As Whales Accumulate Positions

Ehereum’s weekly transaction fees have reached their highest levels since April, driven by a surge in DeFi activity and portfolio rebalancing following this week’s $100,000 Bitcoin retracement. This highlights the increasing demand for Ethereum’s network during volatile market conditions. Weekly Ethereum fees hit their highest levels since April, driven by significant DeFi activity and rebalancing … Read more

Bitcoin Accumulation Patterns Shift As Whales Capitalize On Market Dip

Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more

Dormant Wallet Activates With $9.03M EIGEN As EigenLayer TVL Nears $20B

A previously inactive crypto wallet has re-emerged with significant activity in the EigenLayer ecosystem. The wallet, dormant for over two years, withdrew 1.6 million EIGEN tokens—worth $7.25 million—from Binance, bringing its total withdrawals over the past 43 hours to 2 million EIGEN, valued at $9.03 million. These purchases were made at an average price of … Read more

Bitcoin Hits $104K Before Dipping To $90K As Long-Term Holders Reignite Volatility

Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 … Read more