‘OG whale’ who called the October crash has a $44.5M long on Ether

Hyperliquid's price has entered a downtrend, forming a new low amid a challenging week for the cryptocurrency markets, raising concerns about investor sentiment and liquidity. Technical analysis indicates a potential for further declines, prompting questions about the market's stability.

Solana exchange-traded funds (ETFs) have attracted $369 million in inflows in November, indicating a strong preference among investors for yield-bearing assets, while Bitcoin and Ether ETFs have faced significant redemptions totaling billions. This trend highlights a shift in investor focus towards more productive cryptocurrency investments.

Solana exchange-traded funds (ETFs) have attracted $369 million in inflows in November, reflecting a strong investor preference for yield-bearing assets, while Bitcoin and Ether ETFs have seen significant redemptions totaling billions. This trend indicates a shift in market dynamics favoring Solana amidst broader volatility in the cryptocurrency sector.

Paxos has announced the selection of Plume, Hyperliquid, and Aptos as the primary launch networks for its new omnichain stablecoin, USDGO. This initiative marks a significant step in Paxos' strategy to enhance its multi-chain stablecoin infrastructure and provide regulated liquidity across various blockchain platforms.

Andrew Tate's recent $794,000 bet on Bitcoin has resulted in his liquidation for the 84th time on the Hyperliquid exchange, highlighting ongoing volatility in the cryptocurrency market. This incident underscores the risks associated with high-stakes trading in a fluctuating environment.

Hyperliquid's recent $314 million unlock has raised significant concerns regarding potential sell pressure in the cryptocurrency market, as highlighted by BitMEX co-founder Arthur Hayes. He emphasized that despite insider assurances, uncertainty remains prevalent surrounding this event.

Hyperliquid's recent $314 million unlock has raised concerns about potential sell pressure in the cryptocurrency market, as noted by BitMEX co-founder Arthur Hayes, who emphasized that insider assurances cannot eliminate uncertainty surrounding this event.

BlackRock has made substantial deposits of $321 million in Bitcoin and $102 million in Ether to Coinbase Prime, signaling a notable shift towards the integration of digital assets within traditional financial frameworks. This move underscores the growing institutional interest in cryptocurrencies as viable investment options.