Derivatives Data

Gate News message: On April 9, according to Arkham monitoring, the whale address “0x63c” had a crude oil short position with a position value that at one point reached as high as $30 million on Hyperliquid. Because the crude oil market funding rate is negative, the address can currently earn $388,000 per day in funding fee income, translating to an annualized funding fee income of up to $142 million. However, due to crude oil price fluctuations, the whale is currently down $2 million in unrealized losses.

Gate News said that on April 9, according to Lookonchain monitoring, a whale address opened 20x leveraged BTC and ETH short positions about 30 minutes ago. Among them, the Bitcoin short position holds 562.58 BTC, and the Ethereum short position holds 18,350 ETH; the total value of the two positions is about $80 million.

Gate News message: According to Gate’s official announcement, Gate’s stock section has launched pre-IPO SPACEX perpetual contract trading, with USDT settlement. This contract supports 1–10x long and short operations, and the leverage ratio can be selected by the user at the time of placing the order. SpaceX was founded by Elon Musk in 2002 and is the world’s largest commercial aerospace company. This contract is set up based on SpaceX’s current pre-IPO stage, and is intended to provide market-based valuation and price discovery for its stock. The valuation unit is 1 billion; for example, if SpaceX’s company valuation is 800 billion USD, then 1 SPACEX is priced at 800 USD.

The Bitcoin options market has turned, with Deribit’s $80,000 call options open interest exceeding $1.6 billion, surpassing its $60,000 put options. The Iran–U.S. ceasefire has fueled rising expectations in the market for a Federal Reserve rate cut, which could be beneficial for Bitcoin. If geopolitical tensions ease, Bitcoin is expected to challenge $100,000, but risks from the Middle East conflict still need to be monitored.

April 9 news: After TradeXYZ’s trading volume doubled yesterday, it fell back, and Hyperliquid’s overall trading volume dropped below $10 billion. Based on the current ranking of major Perp DEX trading volumes, Hyperliquid, TradeXYZ, and EdgeX occupy the top three spots.

Key Insights Solana records four consecutive days of gains as funding rates rise, signaling stronger retail interest while overall market conviction remains divided across participants. Declining futures Open interest alongside rising funding rates highlights reduced trader exposure,

CME Group plans to launch AVAX and SUI futures on May 4, enhancing its crypto derivatives with flexible contract sizes amid rising demand and increased trading volumes, while extending 24-hour trading for better market access.

In brief Hyperliquid traders faced widespread liquidations as benchmark oil prices plunged on Wednesday following a U.S.-Iran ceasefire agreement. The decentralized exchange's users lost $79.7 million worth of leveraged positions while trading Brent and WTI crude oil perpetual futures. Th

According to Gate News, after monitoring that 0x2fc “whale” suffered losses of over $2.4 million on April 9, it opened 423.4 BTC short positions with 40x leverage. The position size was about $30.2 million, with an average price of $71,113 and a liquidation price of $71,941; within less than half an hour, it was already down 11%.

From 2026-04-09 08:30 to 2026-04-09 08:45 (UTC), BTC surged quickly within the USDT 70979.6 to 71333.3 range. The 15-minute return was +0.49%, with a range (amplitude) of 0.50%. Near-term market volatility intensified, market attention increased significantly, the number of active on-chain addresses remained consistently above 120k, and daily trading volume exceeded $2.0 billion, reflecting rising user participation. The main driving force behind this abnormal move was a large-scale liquidation of short positions in the futures market, with approximately $273 million in short funds being forced to liquidate during this period

April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.

Gate News message; on April 9, according to official Hyperliquid data, the combined trading volume of WTI crude oil (U.S. West Texas Intermediate crude oil) and Brent crude oil (Brent crude oil) perpetual contracts surpassed Bitcoin for the first time. The data shows that Bitcoin’s trading volume was $2.29 billion, WTI crude oil’s trading volume was $1.68 billion, and Brent crude oil’s trading volume was $770 million; the combined volume of the two oils reached $2.45 billion.

According to Hyperinsight monitoring, after the ceasefire news, Abraxas Capital—the largest crude-oil short institution—saw its funds rebound by more than $12 million. It successfully turned a $9.7 million floating loss into a profit, with its current floating profit at $8.7 million. Its position size is $152 million, including short positions in both WTI and Brent crude oil and long positions in the crypto market.

On April 9, Hyperinsight detected that address 0x94d3 increased its holdings by 81.06 BTC short positions. Its total position size is $75.2048 million, with an unrealized loss of approximately $1.8229 million, and it is currently the largest BTC short position on Hyperliquid. The address previously established a large BTC short position in reverse back in December of last year.

The decentralized derivatives platform Hyperliquid’s liquidity vault HLP suffered an estimated loss of about $1.5 million. The attacker used the low-liquidity token FARTCOIN to carry out a “suicide liquidation” attack, systematically triggering the ADL mechanism and forcing HLP to absorb the losses. On the surface, the vault’s books show a loss of $3 million. This incident reveals weaknesses in the ADL mechanism in low-liquidity markets; the attacker could also be profiting by hedging at the same time, indicating that the operation looks more like arbitrage than sabotage.

Gate News, April 9, according to CoinAnk data, the total liquidation amount across the entire network over the past 24 hours reached $232 million. Of that, long liquidations totaled about $144 million, accounting for more than 60%; short liquidations totaled about $88.17 million. From the distribution by asset, the liquidation amount for Bitcoin was about $68.95 million, and the liquidation amount for Ethereum was about $35.32 million.

Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.

Short sellers of XRP faced significant losses as the asset's price rebounded over 4%, resulting in $2.63 million liquidated. The increase in price and trading volume, coupled with institutional interest, indicates positive market sentiment despite caution around resistance levels.

On April 9, a whale address starting with 0x9fa opened an approximately $4.35 million ETH long position with 10x leverage, with an entry average price of $2,179 and a liquidation price of $2,001. Subsequently, the address planned to take profit at $2,220 and place a $4.45 million sell order.