Analysis: Many whales participating in PUMP contract transactions on Hyperliquid are engaged in low-leverage trading or primarily focused on arbitrage.

By: theblockbeats.news|2025/07/10 15:16:51
0
Share
copy

BlockBeats News, July 10th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), after Hyperliquid launched the PUMP contract, most whales mainly adopted the strategy of "hundreds of millions in collateral + 1x leverage." In actuality, the high probability was aiming for the public sale arbitrage on the 12th, or to make a quick profit.

Currently, three whales have cumulatively deposited 11 million USDC in collateral, but have only opened a short position of 2.394 million US dollars.

Due to the lack of a reference price, the current HYPE is in a susceptible state of manipulation. If, like this morning at 11:30, it drops to $0.015, then even at 1x leverage, under insufficient collateral, it would be liquidated.

Among them, the address 0xAc7...D53ce is the most aggressive, with 4 million USDC in collateral opening a 2x short position, holding $1.074 million, with an opening price of $0.00504 and a liquidation price of $0.02138.

You may also like

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Overview of Important Market Events on June 17

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

Federal Reserve Chairman Waller's debut featured a significant slimming statement, the cancellation of forward guidance, refusal to submit the dot plot, and the establishment of five working groups, vowing to uphold the 2% inflation target, which triggered a sharp decline in U.S. stocks and a surge ...

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

"Coin-stock linkage" has evolved from the early stage of macro correlation and one-way penetration of emotional funds to the current 3.0 stage, where on-chain perpetual contracts provide extended trading hours and emotional signal value for traditional assets 24/7, and participate in Pre-IPO pricing...

Dalio's important long article: How to position in the current market environment?

Do not confuse the excitement for new technologies with whether those tech stocks are attractive.

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

OKX founder Star published a lengthy article, systematically analyzing Binance's competitive advantages over the years: regulatory arbitrage, speculative narrative cycles, social media control, and superficial compliance, stating that the essence of these advantages is not product capability, but ra...

New gameplay for participating in initial offerings on cryptocurrency exchanges

In this competition for cutting-edge assets, what has always been truly scarce is not the technology, but the underlying equity itself.

Popular coins

Latest Crypto News

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com