Bitcoin ETF inflows are often misinterpreted as institutional accumulation, but they are largely driven by basis arbitrage trades. Traders buy ETFs while shorting futures to capture the basis, causing volatile flows with minimal net exposure. Long-term buying constitutes the bulk of cumulative inflows, while arbitrage capital has been exiting for two years.
CoinUp officially released a statement addressing recent false rumors and CPX price volatility, clarifying that Zhu Pan is not a member of CoinUp but the project party of a project listed on CoinUp; attributing the sharp CPX fluctuation to concentrated market selling pressure; stating no hacker attack occurred and user assets are secure; condemning malicious defamation and announcing follow-up measures.
Bitget rolled out a direct US stock trading service and the Reality rToken within a month, serving both traditional investors and crypto users through a dual-track approach that combines compliance with blockchain innovation.
Bitcoin ETF inflows are often misinterpreted as a gauge of institutional conviction, but they are primarily driven by cash-and-carry arbitrage. Genuine long-term buying constitutes the bulk of cumulative inflows, while arbitrage capital has been exiting for two years.
According to ChainCatcher, a wallet address 0xf7A4 linked to BitMEX co-founder Arthur Hayes withdrew 44,156 HYPE (worth approximately $2.93 million) from Gate exchange one hour ago. Data from Lookonchain shows that the address completed two HYPE swing trades over the past two weeks, accumulating a profit of about $508,000.
On-chain tracking platform Lookonchain reported that a wallet linked to Arthur Hayes withdrew 44,156 HYPE (worth ~$2.93M) from Gate exchange 1 hour ago. Over the past two weeks, the same wallet executed two profitable swing trades on HYPE, netting a combined profit of $508,000. The moves highlight active whale behavior in the HYPE market.
On-chain data shows that an address linked to BitMEX co-founder Arthur Hayes withdrew another 44,156 HYPE (worth ~$2.93M) from Gate exchange one hour ago. Over the past two weeks, the same address completed two profitable HYPE swing trades, accumulating a total profit of $508K.
Address 0xa2e…f1468 opened an ETH long position on Hyperliquid three hours ago, holding 21,000 ETH worth $36.33M at entry price $1,728.5, with floating profit of $32,000, ranking 8th largest on the platform.
