hype

According to Lookonchain monitoring, after two months of silence, the mysterious whale 0x6436 has once again accumulated HYPE, withdrawing 79,800 HYPE (6.5 million USD) from the exchange.This wallet has accumulated a total of 1.36 million HYPE (95.6 million USD) withdrawn from the exchange, with an average price of 70 USD.

According to on-chain analysis platform Lookonchain, address 0x3527 sold all of its 301,937 HYPE tokens, with a total value of approximately 24.4 million USD, realizing a profit of over 5.3 million USD.This address accumulated HYPE from May to July of this year, with an average purchase price of about 63 USD; this complete exit indicates that it has completed profit-taking for this phase.

According to Onchain Lens monitoring, a newly created address has accumulated 28,980 HYPE from FalconX, worth approximately 2.38 million USD.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $6.627 billion, with long positions of $3.175 billion, accounting for 47.9% of the total holdings, and short positions of $3.453 billion, accounting for 52.1%. The profit and loss for long positions is $379 million, while the profit and loss for short positions is -$414 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently showing an unrealized profit of $3.137 million.

According to SoSoValue data, the HYPE spot ETF had a total net inflow of $7.5131 million in a single day. The HYPE spot ETF with the highest net inflow is the 21Shares Hyperliquid ETF (THYP), with a net inflow of $4.2784 million in a single day, and its historical total net inflow has reached $55.1759 million.Next is the Grayscale Hyperliquid Staking ETF (HYPG), with a net inflow of $2.3126 million in a single day, and its historical total net inflow has reached $132 million. As of the time of publication, the total net asset value of the HYPE spot ETF is $409 million, with a HYPE net asset ratio of 2.34%, and the historical cumulative net inflow has reached $301 million.

The first revenue from the Hyperliquid AQAv2 mechanism is expected to enter the Hyperliquid Assistance Fund on October 3, with the market anticipating that the initial fund size could reach approximately $20 million, which will be used to repurchase HYPE. AQAv2 (Aligned Quote Asset v2) is a stablecoin mechanism announced by Hyperliquid in May of this year, allowing stablecoins, including USDC, that are not exclusively issued by Hyperliquid to qualify as "Aligned."According to public information, AQAv2 will return most of the stablecoin revenue to the Hyperliquid ecosystem, with 90% of the revenue allocated to the relevant mechanisms, and subsequently 100% used for the repurchase and destruction of HYPE tokens. Coinbase has been designated as the fund deployment party, while Circle is responsible for the technical deployment, and both parties will also stake HYPE to participate in the mechanism. Analysts expect that this mechanism could generate an additional repurchase pressure of approximately $135 million to $160 million in HYPE annually.

HyperliquidNews posted on the X platform that tracking stop-loss orders have been launched on the test network.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.146 billion, with long positions at $3.423 billion, accounting for 47.9% of the holdings, and short positions at $3.723 billion, accounting for 52.1%. The profit and loss for long positions is $476 million, while the profit and loss for short positions is -$515 million.Among them, the whale address 0x5b5d..60 has shorted BTC with 5 times leverage at a price of $69,877.9, currently showing an unrealized profit and loss of -$16.9766 million.

According to on-chain analyst Yu Jin's monitoring, Hyperliquid's largest long position closed out for profit early this morning, liquidating 60,000 ETH and 1,200 BTC, realizing a profit of 45.3 million USD.Its long position decreased from 537 million USD to 143 million USD: all 120,000 ETH long positions were closed for profit, yielding 32.77 million USD; 1,200 out of 3,000 BTC long positions were closed for profit, yielding 12.53 million USD. Currently, there are still 1,800 BTC long positions held, with an unrealized profit of 21.08 million USD, bringing the total profit to 66.38 million USD.

According to Onchain Lens monitoring, a wallet suspected to be related to Multicoin Capital (0x76d...6045) transferred 106,100 HYPE to Coinbase Prime a few minutes ago, worth approximately 8.41 million USD.

According to Bloomberg, Trade.xyz and Hyperliquid are inspired by their success and are pursuing grander goals. They are lobbying regulators in hopes of opening pre-IPO perpetual contracts in the United States, claiming that these tools can help modernize the traditional IPO process by improving price discovery. Hyperliquid operates outside the United States and has not officially opened to U.S. traders. Trade.xyz is also subject to the same restrictions.

According to Onchain Lens monitoring, Wintermute's short exposure on Hyperliquid has increased from the previous $190.77 million to $211.53 million, while its HYPE short position has decreased from $11.43 million to $5.6 million.Current major short positions include: approximately $70.8 million in BTC, approximately $53.83 million in ETH, approximately $17.63 million in SOL, approximately $7.41 million in XRP, and approximately $6.79 million in DOGE.Currently, its unrealized loss is approximately $4.12 million, and it has accumulated funding fees of approximately $2.27 million.

HyperliquidNews posted on platform X: Kinetiq announced the launch of Elysium L2 based on Hyperliquid.

Hyperliquid Policy Center (HPC) submitted a letter of opinion to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) stating that eligible equity perpetual contracts can be classified as securities futures. This category is jointly regulated by the two agencies, allowing exchanges to compete on execution quality rather than jurisdiction.HPC pointed out that there is still no clear classification for perpetual contracts under U.S. law (whether futures or swaps), and this fundamental issue remains unresolved. They possess characteristics of futures such as standardized terms, the ability to hedge positions, and forward value, although they do not have a fixed expiration date, but prices converge continuously through funding rates.The letter of opinion proposed four points: confirm that the definition of securities futures can encompass cash-settled equity perpetuals with futures characteristics; retain flexibility for product listings at trading venues; maintain consistency in classification between the two agencies; modernize the securities futures framework to accommodate new structures. HPC stated that in the past 10 months, the trading volume of Hyperliquid perpetual contracts has exceeded $48 billion, and a clear framework would help relevant products enter the U.S. market.

According to Fortune, Hyperliquid is accelerating its entry into the regulated market in the United States, with its related listed company Hyperliquid Strategies actively participating in the promotion of domestic compliance business layout in the U.S.Fortune pointed out that Hyperliquid has currently established a strong market influence in the perpetual contract trading sector and is repurchasing and destroying HYPE through platform fee income.

According to on-chain analyst Yu Jin's monitoring, half an hour ago, a whale transferred 8 million USDC to Hyperliquid, and then went long on Bitcoin and ETH worth 71.8 million dollars.Among them, the long position of 600 Bitcoins is valued at 46.94 million dollars, with an opening price of 78,032 dollars; the long position of 10,000 ETH is valued at 24.89 million dollars, with an opening price of 2,479 dollars.

According to HyperliquidNews monitoring, HyperEVM set a record for daily transaction fee revenue, reaching $538,100, with all fees paid and burned in hyperliquid.

According to Ai Yi's monitoring, the largest short position on the Hyperliquid platform for LIT urgently added $2.5 million in margin, with an unrealized loss of $5.605 million.This whale holds 2.528 million LIT (approximately $8.9 million), with an opening price of $1.3. After LIT was listed on Upbit, it briefly surged, and additional margin was added to reduce liquidation risk. Currently, the single-coin margin has reached $7.16 million, with a liquidation price of $5.78.

According to TradingBeats (formerly Hyperinsight), a whale starting with 0xf517 currently has 190 BTC sell orders in the range of $79,654 to $108,888, planning to sell 951.3 BTC, with a nominal amount of approximately $91.787 million and a weighted average sell price of about $96,488. BTC is currently reported at $77,351, with the sell order range being about 3% to 40.8% higher than the current price. Since the above orders are not "only for reducing positions," if the transaction volume exceeds its existing long position, it will directly lead to a short position.This whale currently holds 94.1 BTC long positions with a 40x leverage, valued at approximately $7.277 million, with an average entry price of $77,330.3; it has reduced its previous holding of 109.4 BTC by about 15.3 BTC. About 10% of the 951.3 BTC sell orders are used to close long positions, while the remaining approximately 857.2 BTC will be converted into new short positions. If all are executed, the theoretical size of the short position would be about $82.7 million. Meanwhile, this address still has a buy order for 133.7 BTC at $74,088, valued at approximately $99.08 million.It also has 108 open orders in other cryptocurrencies, with a total nominal amount of about $89.32 million, mainly including: HYPE replenishment orders: it currently holds 197,800 HYPE long positions, valued at approximately $15.44 million, with an average entry price of $62.52, and has placed a buy order for $5 million at $62.2, which is about 20.2% lower than the current price. LIT has 71 sell orders in the range of $3.8081 to $6, planning to add short positions of 362,200, amounting to about $1.84 million; ZEC has 29 sell orders in the range of $890.71 to $999, planning to open about 1,560 short positions, amounting to about $1.484 million. It is reported that this whale's layout spans both the US stock and cryptocurrency markets, often participating in the hottest targets, and has repeatedly become a major whale in S&P 500, AMZN, SPCX, etc., with a historical total profit of nearly $30 million.