bit.fan
whale
24 days agoNews Editor

Hyperliquid whale stays long VIRTUAL at 1x leverage with about $2.4 million in unrealized losses

A whale address on Hyperliquid, identified as 0x0afb, is still holding a large long position in VIRTUAL, according to TradingBeats. The position is set at 1x leverage, with an average entry price of about $2.07. At current levels, the address is sitting on an unrealized loss of roughly $2.4 million, while the position return stands near -57%. TradingBeats said the whale opened the VIRTUAL long on May 12, 2025 and has continued to hold it since then. That puts the holding period at close to 17 months. On Hyperliquid, the VIRTUAL perpetual contract was last quoted at about $0.88. The contract was up around 11% over the past 24 hours, but it still remained about 57% below the whale's average entry price. The data points to a long-held position that has not recovered to breakeven despite the latest daily gain.

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Hyperliquid whale stays long VIRTUAL at 1x leverage with about $2.4 million in unrealized losses
Virtuals Protocol
2 months agoNews Editor

Virtuals Protocol publishes full guide for launching Solana Agent tokens

Virtuals Protocol said today that it has released a detailed operating guide for launching Agent tokens on Solana. The post explains that trading for these tokens runs through Meteora DBC liquidity pools, and a "graduation" mechanism is triggered once cumulative trading volume reaches 42,000 VIRTUAL. At that point, liquidity is automatically deployed to Meteora’s public liquidity pool, with the related LP tokens locked for 10 years. The guide focuses on the protocol’s current modular launch tools, including Automated Capital Formation (ACF), team pre-buy, Anti-Sniper Tax, Fee Delegation, and Launch as an Agent, which allows teams to start a working Agent directly with Economy OS. It also supports both immediate launches and scheduled launches, with recommended configurations for different scenarios. Virtuals had already supported issuing Agent tokens on Solana since February 2025; this release is positioned as a complete usage guide after the feature set was expanded.

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Virtuals Protocol publishes full guide for launching Solana Agent tokens
ai16z
2 months agoNews Editor

ai16z Declared "Completely Dead" as ElizaOS Founder Says Foundation Is Winding Down

ElizaOS founder Shaw said the $ai16z token is "completely dead" and that the related foundation is gradually winding down operations, according to Foresight. The source article frames ai16z as one of the earliest high-profile crypto AI projects, arguing that it stood out not as a meme-driven asset but as a more technical and idea-heavy ecosystem token. It notes that the project’s founder had proposed, around October and November 2024, a base framework designed to serve the AI ecosystem — an idea the article describes as forward-looking, even if the label "operating system" was awkward. The piece also points out that Anthropic’s MCP framework was introduced in late November 2024, placing it later on the timeline. In the author’s view, ai16z eventually declined for commercial reasons rather than technical ones: it failed to establish a business model that could generate profit and cash flow, and it did not build a stronger team capable of pushing the project forward. The article contrasts that path with Virtual, which it says focused on business model, revenue, and cash flow from the start. The conclusion presented in the source is that long-term project value still comes back to commercial fundamentals.

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ai16z Declared "Completely Dead" as ElizaOS Founder Says Foundation Is Winding Down
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