liquid

The Block reported that Hyperliquid Strategies raised $647 million in equity capital and more than doubled its Hyperliquid native token treasury to 29.3 million HYPE, valued at approximately $1.9 billion at the end of the fiscal year, while maintaining $149.9 million in cash and no debt.The company stated that it has since deployed $773.4 million to acquire approximately 16.5 million additional HYPE at an average cost of $46.77, and spent $27.8 million to repurchase PURR shares, with $132.6 million in cash remaining as of August 19.

According to Coinglass data, if BTC falls below $75,528, the cumulative long liquidation intensity on major CEXs will reach $1.554 billion. Conversely, if BTC breaks above $83,424, the cumulative short liquidation intensity on major CEXs will reach $834 million.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $387 million, with long positions liquidated at $141 million and short positions liquidated at $245 million. Among them, Bitcoin long positions were liquidated at $29.7845 million, Bitcoin short positions at $60.2437 million, Ethereum long positions at $40.6861 million, and Ethereum short positions at $101 million.In addition, in the last 24 hours, a total of 94,778 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT valued at $12.4006 million.

The Hyperliquid Policy Center stated on platform X that perpetual contracts should be at the core of the U.S. Commodity Futures Trading Commission (CFTC) innovation agenda. The agency submitted a statement regarding the first meeting of the CFTC Innovation Advisory Committee on August 20, pointing out that perpetual contracts are gradually expanding beyond the digital asset market to traditional asset classes such as stocks and commodities, and that demand for this product among U.S. market participants is rising.Perpetual contracts can meet the risk management needs of different market participants, making them particularly suitable for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing ongoing risks related to computing costs that do not have a clear expiration date. Compared to futures with fixed expiration dates, perpetual contracts do not require rolling over, and there are no expiration and delivery issues; they anchor contract prices to the underlying assets through periodic funding rates. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers cover over 80 traditional commodity and stock markets, with a cumulative notional trading volume exceeding $500 billion.This year, the CFTC has taken several measures to promote the establishment of the perpetual contract market in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement and continuous trading guidance regarding the listing of perpetual contracts; in June, the CFTC sought public opinion on extending perpetual contracts to energy commodities and further consulted on computing power derivatives.In addition, the Hyperliquid Policy Center believes that on-chain infrastructure can also promote the modernization of the U.S. derivatives market within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, continuously conduct margin assessments programmatically, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide relevant research and technical documents to the CFTC Innovation Advisory Committee and committee staff, and promote the establishment of a pathway for U.S. market participants to compliantly access on-chain markets. The agency believes that perpetual contracts are one of the most representative financial innovations of the past decade and should be further developed in the U.S. market.

Franklin Templeton's Chief Investment Officer for Crypto, Seth Ginns, stated that the current market is at a "turning point," where large investors will begin to allocate to liquidity crypto funds in unprecedented ways.Seth Ginns pointed out that this phase signifies a significant change in how institutional funds are allocating to crypto assets, and liquidity crypto funds are expected to see larger-scale participation from major investors.

According to Coinglass data, if ETH falls below $2,370, the cumulative long liquidation intensity on mainstream CEX will reach $1.092 billion. Conversely, if ETH breaks above $2,615, the cumulative short liquidation intensity on mainstream CEX will reach $613 million.

According to Lookonchain monitoring, a newly created wallet deposited 5 million USDC into Hyperliquid, opening short positions of 8,155 ETH ($20.33 million) and 247.6 BTC ($19.49 million) with 20x leverage.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.038 billion, with long positions totaling $3.34 billion, accounting for 47.46% of the holdings, and short positions totaling $3.697 billion, accounting for 52.54% of the holdings. The profit and loss for long positions is $406 million, while the profit and loss for short positions is -$443 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 $3.3406 million.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $260 million, with long positions liquidated at $124 million and short positions liquidated at $135 million. Among them, Bitcoin long positions were liquidated at $29.174 million, Bitcoin short positions at $24.6386 million, Ethereum long positions at $23.6954 million, and Ethereum short positions at $41.9367 million.In addition, in the last 24 hours, a total of 87,573 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $9.7424 million.

According to Coinglass data, if BTC breaks through $82,386, the cumulative short liquidation intensity on mainstream CEX will reach $1.477 billion. Conversely, if BTC falls below $74,916, the cumulative long liquidation intensity on mainstream CEX will reach $1.412 billion.

According to Arkham monitoring, the trader "watershedpath" holds the largest single on-chain long position in HYPE, with an unrealized profit of about 58 million dollars. This address has been long on HYPE for nearly a year, currently holding an open position of about 111 million dollars in HYPE.In the past week, it has not chosen to close the position but instead withdrew about 18.5 million dollars in margin, raising the liquidation price to 65 dollars. Even if subsequently liquidated, this position remains profitable.

The tokenized stock platform xStocks announced that MUx, SKHYx, NVDAx, QQQx, and SPYx have gone live on Hyperliquid as native spot markets. Each asset has a liquidity of approximately 1 million dollars, with an average spread of 8-12 basis points, supporting 24/7 trading, and more assets will be launched in the future. This product is not available to the United States and U.S. persons and is subject to regional restrictions. xStocks is launched by Payward, providing trading of tokenized U.S. stocks, ETFs, and IPOs.

XRP has dropped 6.23% in the past 24 hours to around $1.38, making it the token with the largest decline among the top ten cryptocurrencies by market capitalization. Previously, XRP surged from around $1 on August 18 to $1.69, an astonishing increase within four days, briefly touching the psychological level of $1.7.The pullback is mainly due to leveraged liquidations. XRP has still risen 35.55% over the past week, second only to Hyperliquid's 38.65% weekly increase. Notably, XRP-related ETFs have recorded net inflows for nine consecutive days, indicating that institutions have not withdrawn, and the issue mainly lies in the leverage aspect rather than capital outflows.After breaking through $80,000 on Tuesday, Bitcoin has retreated to around $78,000, dragging down the overall altcoin market. The market is awaiting tonight's core PCE inflation data and Nvidia's earnings report; whether XRP can hold the $1.4 support level will determine if this rally is a healthy correction or a further decline.

According to RootData market data, the price of Nvidia (NVDA) contracts on 10 platforms is concentrated between $213.6 and $213.9, with a 24-hour increase ranging from 0.96% to 1.24%. The total 24-hour trading volume is approximately $232 million, with an open interest value of about $184 million.Among them, Binance has a trading volume of about $123 million, accounting for approximately 52.9% of the total trading volume, with an open interest of about $41.5375 million; Hyperliquid has a trading volume of about $59.3152 million, with an open interest of about $97.9711 million, accounting for about 53.2% of the total platform open interest, making it the market with the largest position. The disclosed platforms have a total liquidity depth of ±2% of approximately $12.6731 million, with Hyperliquid at about $4.432 million and Binance at about $3.4173 million.In terms of market concentration, Binance, Hyperliquid, and OKX contribute approximately 88.3% of the trading volume; Hyperliquid and Binance together account for about 75.8% of the open interest. Currently, the funding rates across platforms are generally low, and there has not yet been a significant extreme bullish premium.Previous report indicates that Nvidia will announce its second-quarter financial report after the U.S. stock market closes on Wednesday, with the market's focus mainly on five aspects: AI infrastructure financing, progress on Vera Rubin servers, open model layout, sales in China, and gross margin pressure.

According to Coinglass data, if ETH breaks through $2,576, the cumulative short liquidation intensity on mainstream CEX will reach $1.067 billion. Conversely, if ETH falls below $2,333, the cumulative long liquidation intensity on mainstream CEX will reach $902 million.

According to Coinglass data, if BTC breaks through $82,162, the cumulative short liquidation intensity on mainstream CEX will reach $1.883 billion. Conversely, if BTC falls below $74,854, the cumulative long liquidation intensity on mainstream CEX will reach $1.465 billion.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $311 million, with long positions liquidated at $251 million and short positions liquidated at $59.7744 million. Among them, Bitcoin long positions were liquidated at $84.4604 million, Bitcoin short positions at $14.3751 million, Ethereum long positions at $58.2614 million, and Ethereum short positions at $13.758 million.In addition, in the last 24 hours, a total of 82,929 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT worth $11.9184 million.

At the 2026 Wyoming Blockchain Conference, Zhao Changpeng stated that Trump mentioned Hyperliquid and that Mike Selig, the chairman of the Commodity Futures Trading Commission (CFTC), will seek a path for the platform to enter the U.S. market.Zhao Changpeng believes that if this progress can be realized, it will be a significant boon for the entire cryptocurrency industry. Zhao stated that the outside world tends to view him as a supporter of centralized trading platforms due to his holdings in Binance, but the fundamental reason he entered the cryptocurrency industry is his belief in decentralization.He pointed out that some users choose Hyperliquid because the platform can be used through wallets without the need for traditional accounts and KYC processes; if Hyperliquid can operate in the U.S. in a compliant manner, it will open up space for perpetual contracts and more decentralized services to enter the U.S. market.He believes this is not only related to Hyperliquid itself. "Hyperliquid is just the tip of the iceberg; once this tip enters, other projects can follow suit." Related developments will benefit more decentralized products and their portfolio companies, and will also bring more liquidity to international centralized trading platforms, allowing U.S. users to obtain more competitive prices when buying and selling crypto assets.Zhao Changpeng stated that the current cryptocurrency market is far from saturated, so competition between platforms is not the main issue. Hyperliquid's entry into the U.S. will not only benefit itself but will also expand the market size of the entire industry, "what is beneficial for them will also be beneficial for us."

According to Digital Asset, Hyperliquid has launched the AQAv2 (Aligned Quote Asset v2) mechanism, which uses a portion of the revenue generated from USDC reserves on the platform to accumulate funds, ultimately transferring them to an assistance fund for repurchasing and destroying HYPE in the secondary market to reduce its circulating supply.Under this mechanism, Circle is responsible for the technical deployment of USDC, while Coinbase manages the reserves; the stablecoin issuer is expected to share about 90% of the relevant reserve revenue after deducting operational costs with the protocol. Revenue is accumulated over a 30-day cycle, with the first funds expected to be transferred on October 3. The market estimates that, based on the current USDC stock and yield, the annualized revenue could reach between $135 million and $160 million, but the actual repurchase scale still depends on the platform's USDC supply and reserve yield.

According to Onchain Lens monitoring, Wintermute (0xecb...2b00) has reduced its short exposure on Hyperliquid from $212 million to $80.48 million since the last update, still holding $80.48 million in short positions and $5.51 million in long positions.Its HYPE short exposure increased from $5.6 million to $10.2 million, with an unrealized loss of $568,800.