Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Whale positions $HYPE, Hyperliquid platform assets and trading volume grow rapidly

Whale positions $HYPE, Hyperliquid platform assets and trading volume grow rapidly

远山洞见2024/12/19 06:43
HYPE-1.37%
According to Lookonchain monitoring, two major crypto whales recently spent nearly $14 million on the Hyperliquid platform to build positions in HYPE and PURR tokens, further promoting platform heat and asset growth.
 
Address 0x0013... 5D22 Deposits $9.66 million USDC to purchase 166,913 HYPE tokens (worth $4.80 million) and 6.48 million PURR tokens (worth $4.14 million).
Address 0xCA97... 651E deposited $4.26 million USDC and subsequently purchased 125,252 HYPE tokens (worth $3.57 million) and 1.88 million PURR tokens (worth $1.19 million).
 
Meanwhile, according to DefiLlama data, the Hyperliquid platform has absorbed a total of $2.215 billion in cross-chain assets (the platform supports USDC and USDT), an increase from the previous day. The total locked position (TVL) of the platform is currently $2.483 billion, a decrease of 6.8% in the past 24 hours. At the same time, on December 19th, it was reported that the trading volume of Hyperliquid platform's perpetual products reached $5.97 billion in the past 24 hours, showing a strong market activity level and attracting a large influx of funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Lighter will distribute 250,000 points to compensate traders affected by the market crash.
2
Bloomberg Senior ETF Analyst: Solana Spot and Staking ETF’s Lower Fees Make It More Competitive

Crypto prices

More
Bitcoin
Bitcoin
BTC
$112,742.05
-1.77%
Ethereum
Ethereum
ETH
$4,103.4
-2.79%
Tether USDt
Tether USDt
USDT
$1
-0.04%
BNB
BNB
BNB
$1,205.83
-7.09%
XRP
XRP
XRP
$2.5
-4.08%
Solana
Solana
SOL
$202.33
-3.07%
USDC
USDC
USDC
$0.9999
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2036
-4.57%
TRON
TRON
TRX
$0.3169
-1.79%
Cardano
Cardano
ADA
$0.6943
-4.13%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter