CRCL rose to $66.14 on Hyperliquid, up 9.15% from a day earlier, making it the top gainer in Trade.xyz’s traditional markets segment, according to Hyperinsight. Daily trading volume reached about $48.25 million. A whale address beginning with 0x352, which built a long position in CRCL between the evening of July 16 and the evening of July 19, is now the most profitable long whale in the move. The address accumulated 53,700 contracts and currently holds a CRCL long worth about $3.554 million at 10x leverage, with an average entry of $61.016, unrealized profit of roughly $275,000, an 84% return, and a liquidation price of $51.05. The address currently has no open CRCL orders. At the same time, the whale has been buying SPCX at an average price of $127 and is currently down $680,000 on a position worth $11.67 million. Its previously closed trades were all tied to HIP-4 ecosystem bets on the 2026 World Cup, with about $37,000 in cumulative profit, mainly from Argentina and Spain title positions. On the policy side, Trump has agreed to the ethics provisions in the CLARITY Act, removing a key obstacle before the bill can move to a Senate vote. Circle also received final OCC approval on July 10 to establish a national trust bank, while BNY and 減打银行 have recently expanded USDC custody, minting, and redemption services.
CRCL was trading at $66.14 on Hyperliquid as of July 21, up 9.15% from the previous day, according to Hyperinsight. The token logged the biggest gain in Trade.xyz’s traditional markets segment, with about $48.25 million in daily volume.
Whale 0x352 leads the current CRCL long trade
A whale address beginning with 0x352 built a long position in CRCL from the evening of July 16 through the evening of July 19, accumulating 53,700 contracts. Hyperinsight said the address is the most profitable long whale in the current move.
The address now holds a CRCL long worth about $3.554 million at 10x leverage. Its average entry price is $61.016, with unrealized profit of about $275,000, a return of roughly 84%, and a liquidation price of $51.05. There are currently no open CRCL orders tied to the address.
SPCX bottom-fishing trade remains in the red
The same address has also been buying SPCX, with an average entry of $127. That position is currently showing a $680,000 loss, and its size has reached $11.67 million.
Closed trades focused on HIP-4 World Cup prediction markets
The address’s previously completed trades were all centered on HIP-4 ecosystem bets tied to the 2026 World Cup. Its cumulative profit on World Cup champion positions stands at about $37,000, with most of the gains coming from Argentina and Spain title bets.
Policy and Circle-related developments were also in focus
On the policy front, Trump has agreed to the ethics provisions in the CLARITY Act, clearing a key hurdle for the crypto bill before a Senate vote.
Circle previously received final approval from the Office of the Comptroller of the Currency, or OCC, on July 10 to establish a national trust bank. BNY and 減打银行 have also recently expanded USDC custody, minting, and redemption services.
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