Onchain Lens reported that whale address 0x97f has fully closed its 50x leveraged S&P 500 ($SP500) short position on HyperLiquid, realizing more than $1,565,000 in profit.
According to on-chain analyst Ai Yi, address 0x8af…efa05 currently holds the largest $XYZ100 position and the second-largest S&P 500 position on HyperLiquid, with a combined position value of about $41.21 million.
Bitget Wallet has upgraded its API to offer RWA market trading and fee collection services, according to TechFlowPost.
CryptoQuant said Bitcoin’s percentage of supply in profit is approaching the key 45% threshold, a level historically linked to periods of heavy market stress and large-scale capitulation risk.
According to Onchain Lens, the on-chain address “0x049” opened long contract positions totaling 162.62 BTC and 6,136 ETH over the past two weeks, using 20x leverage with a notional value of about $20 million.
Bybit’s latest options weekly report says BTC fell to $59,130, surpassing its prior $65,000-$67,000 target zone, while ETF weekly net outflows reached a record $1.7 billion.
Speaking at Proof of Talk 2026 in the Louvre, Bitmine Chairman Tom Lee called the current bearish sentiment a market bottom and laid out five macro catalysts that he believes have ushered in a Crypto Spring. He argued that AI and tokenization will reshape the financial system, positioning Ethereum as the future of money with a potential price target of $250,000. Lee also detailed Bitmine's treasury strategy, its expanding staking operations, and investments in Worldcoin and MrBeast, while explaining why enterprise validators are replacing the Ethereum Foundation as the network's key stewards.
The crypto industry is shifting from a "new asset factory" to a "global asset conduit," with native altcoins fading and only stablecoins achieving mass adoption. Ethereum and DeFi face value-capture dilemmas under the twin pressure of traditional asset wrapping and AI narratives. Hyperliquid surged by riding four waves of on-chain perpetuals, while the perpetual contract itself becomes the most successful yet dangerous financial innovation in crypto history.
