An unknown trader reportedly built a 145.24 million FARTCOIN long position across four wallets, triggering a sharp rally before the market reversed. The whale was liquidated within hours, losing about $3.02 million, while short traders benefited from Hyperliquid’s ADL mechanism.
An unknown trader built a 145.24 million FARTCOIN long position across four wallets, likely attempting to influence the market. The trade quickly reversed, leading to a full liquidation and a $3.02 million loss, while short sellers profited via Hyperliquid's ADL mechanism.
A massive $145.24 million long position on Hyperliquid helped push Fartcoin higher before liquidation sent the memecoin down 50% in a single hour, also triggering the platform’s auto-deleveraging mechanism.
A group of wallets on Hyperliquid built a $145.24 million long position in Fartcoin, attempting to boost its price. The trade imploded Wednesday, triggering a 50% hourly crash from $0.2519 to $0.1244 and causing roughly $3 million in losses. Hyperliquid's auto-deleveraging mechanism forcibly closed profitable shorts.
A new video by YouTuber Philip Rusnack has reignited controversy over alleged racist and extremist symbolism in Yuga Labs’ Bored Ape Yacht Club. Yuga Labs previously denied the claims, while expert opinions remain mixed.
A new video by YouTuber Philion has revived controversy over alleged racist and extremist imagery in Yuga Labs’ Bored Ape Yacht Club. The dispute may pressure Yuga Labs’ brand reputation and weigh on broader NFT market sentiment.
Matt Furie, the original creator of the Pepe the Frog meme, has launched pegz.fun featuring official NFTs. He claims 'nothing beats the real thing' and sees NFTs as a way to trace memes back to their source.
Matt Furie, the original creator of Pepe the Frog, has launched his own NFT project pegz.fun, stating that all previous Pepe NFTs are unauthorized bootlegs. The move is seen as a pivotal moment for meme culture in Web3.
