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Share link:In this post: SUI open interest continued to grow above $256M. The Sui network is highly active, with more than 400K reported daily wallet interactions. Sui is a VC-backed project, with 75% of the tokens still locked and waiting to enter the market.
Telegram-based Hamster Kombat said it has turned down multiple VC offers and has no external investors. The Web3 game claims it rejected VC offers to protect its players from becoming exit liquidity. Still no information on when the HMSTR airdrop will happen.
Grayscale’s two spot Ethereum ETFs posted no flows on Monday.
Share link:In this post: Ethereum (ETH) increased its inflation to 0.67% as network usage slows down. An additional 57,000 ETH increased the supply in the past month. L2 have a mixed effect on Ethereum, by taking away some of the traffic, but raising demand for blob payments.
The U.S. Producer Price Index (PPI) only went up by 0.1% in July, showing that inflation is slowing down more than expected. Investors are watching the Fed closely, wondering if they’ll cut interest rates in September as inflation cools off. Major stock indices and Ethereum prices are on the rise, with ETH seeing big inflows into spot ETFs.
Share link:In this post: Polymarket and Perplexity are partnering to integrate advanced news summarization. The collaboration will enhance user engagement with features like customizable pages. Polymarket is seeing record growth due to interest in the US presidential election.
- 09:24Data: A Whale Deposits 4.33 Million USDC into Hyperliquid and Purchases Over 130,000 HYPEAccording to ChainCatcher, monitored by OnChain Lens, a whale deposited 4.33 million USDC into Hyperliquid and purchased 130,715 HYPE at an average price of $1.8. The whale also holds a leveraged long position in WLD with 2x leverage, currently with an unrealized profit of $200,000.
- 09:23Huma Finance: HUMA Token Airdrop Eligibility Checker is Now LiveChainCatcher reports that Huma Finance announced on platform X that the HUMA token airdrop eligibility checker is now live, allowing users to check if they qualify for the token airdrop. Additionally, Huma Finance reminds users to be wary of scams, stay vigilant, and always verify, and not to interact with contracts claiming to be unofficial HUMA tokens.
- 08:51Data: Hyperliquid platform whale current holdings at $6.416 billion, long-short position ratio is 0.95According to ChainCatcher, Coinglass data shows that the current holdings of whales on the Hyperliquid platform amount to $6.416 billion, with long positions at $3.133 billion, accounting for 48.83% of the holdings, and short positions at $3.283 billion, accounting for 51.17%. The profit and loss for long positions is $112 million, while the profit and loss for short positions is -$919.78 million. Among them, the whale address 0x5078..b6 has gone long on BTC with 40x leverage at a price of $109,190.3, currently with an unrealized loss of $136.348 million.