FeeTaker

Crypto news: According to HyperInsight monitoring, the whale that placed a BTC short position worth $45.9 million yesterday opened the position at an average price of $649,400. Today, when BTC fell below the $635,000 take-profit level, the close-out was triggered. This short position generated a profit of $974,000; after deducting a $33,000 trading fee, the net profit was $941,000. The whale held this position for about 29 hours. The whale has now cleared the position; BTC is currently trading at about $635.33k.

Wu Says learned that Airbnb co-founder Brian Chesky said that most of what is happening in the current RWA tokenization space is still noise, but the underlying changes are real. Its core value is not the token or the blockchain itself, but reducing friction in asset ownership—so that real estate, bonds, and funds can be split, held, settled in seconds, and traded around the clock. Chesky believes the biggest challenge in getting RWA to work in practice is not technology, but whether the market believes the platform truly holds the underlying assets. In the end, what wins won’t be the projects that “make the best tokens,” but the ones with the most trusted asset holding and verification parties.

Crypto-related news from CoinJie: After Pakistan’s cryptocurrency regulatory authority sought a ruling from Islamic scholars to ban the use of cryptocurrencies for payments, it is now looking to hold discussions with the relevant parties.

Crypto World News: Iran’s Ministry of Foreign Affairs spokesperson Baghaii said Iran has refused the request to hold talks with the United States, and confirmed that Qatar officials have visited to discuss the current status of the US-Iran ceasefire.

Pakistan has issued a tender to address tight LNG supply caused by the impact on the Strait of Hormuz. The tender seeks one cargo of LNG for delivery on July 15-16. The bidding deadline is this Friday, and the government has already approved it on Wednesday. Previously, a shipment that was originally scheduled to be sent from Qatar was cancelled, and another Qatari cargo vessel stopped sailing due to obstruction in the strait. Last year, nearly all of Pakistan’s LNG came from Qatar; in recent times, to ease the shortfall, it has purchased two cargoes on the spot market.

News from the crypto community portal, as reported by OneMillion_AI: the recent token consumption index has fallen nearly 20% from its May peak, while the growth gap between AI investment and sales has reached 46%. Bear-market commentators point out that, according to Allianz Research data, the degree of imbalance has surpassed the 32% seen when the telecom bubble burst in 2001. Although the average token price has crashed by 90% since 2023, total spending has still grown by nearly 1 times, meaning the index retreat is only a structural digestion following price cuts designed to stimulate consumption. The strengthening of policy and regulation has translated into hidden compliance costs for corporate users. Washington has imposed even more stringent policy review on the distribution of frontier models and cross-border access, placing a heavy policy burden on leading platforms. Subtle changes are also emerging in the hardware chip sector, with the main force in market procurement beginning to shift from training chips to inference-optimized hardware, and the winner structure is being reshuffled.

Hyperliquid
Market Update: Is HYPE becoming the next DeFi powerhouse?
Hyperliquid ($HYPE ) is gaining significant momentum as on-chain perpetual trading volume, user activity, and whale interest continue to rise. With decentralized derivatives becoming one of the fastest-growing sectors in crypto, HYPE is attracting attention from both retail and institutional traders.
O What's happening?
Hyperliquid continues recording billions in perpetual futures trading volume.
Whale wallets are increasing exposure as platform activity remains strong.
Low fees, deep liquidity, and fast order execution continue attracting new users.
Traders are watching whether $HYPE can break above key resistance and continue its bullish trend.
Why it matters?
Hyperliquid has become one of the leading decentralized perpetual exchanges, challenging centralized platforms with a fully on-chain trading experience. Continued ecosystem growth and rising trading activity could strengthen long-term demand for HYPE.
• Bottom line:
HYPE remains one of the strongest-performing DeFi infrastructure tokens. If trading volume and user adoption continue expanding, Hyperliquid could remain a market leader throughout the current crypto cycle.
Sentiment: Bullish
$HYPE ‌$HYPE ‌

📊 #BTC: The ratio of profits and losses of Bitcoin UTXO blocks has fallen into a zone that historically appeared during bottoming out processes. However, for a stronger signal of bottoming out, the 365-day moving average should fall even further.
Current indicators suggest a significant purge, but historically, the market may need a greater decline before the bearish phase fully exhausts itself.
$BTC

Galaxy Digital founder and CEO Mike Novogratz stated in a podcast that the recent crypto market decline is due to multiple factors, with deteriorating confidence in the capital structure of Strategy (formerly MicroStrategy) being the main cause. "This is a confidence collapse triggered by MicroStrategy, and it is turning into a crisis of confidence for Bitcoin." He also noted that the market is under further pressure from the overall unpopularity of the crypto market, investors' growing suspicion of market structure, and macroeconomic factors such as the Fed's hawkish stance and a strengthening US dollar.

CoinWorld news reported that Cambrian has completed a $6 million seed funding round, led by Franklin Templeton and Polychain Capital, with participation from Flow Traders and others, bringing total funding to $11.9 million, including a previous $5.9 million pre-seed round. Cambrian currently provides on-chain and off-chain data APIs covering yield, risk, lending, trading, and sentiment, and plans to build a verifiable blockchain data oracle network for institutions and AI agents.

CoinWorld News reports that Michael Saylor’s strategy team has purchased 520 bitcoins; based on the current price, the value is approximately $35 million.

Wu said that Hyperliquid announced that, as part of the sunset plan for the stablecoin USDH, all USDH-denominated markets on HyperCore have been fully settled.
The official recommends users to immediately perform the following actions: convert USDH to USDC on HyperCore's spot order book; exchange USDH on HyperEVM to USDC 1:1 with zero fees via the cross-chain bridge Across; withdraw the provided USDH from the Borrow/Lend module; and repay borrowed USDH debt by purchasing USDH/USDC.

CryptoWorld News reports that XBIT DEX stated that during the Dragon Boat Festival, the World Cup matches in Mexico and South Korea will jointly heat up the excitement, wishing everyone a peaceful and healthy Dragon Boat Festival.

CryptoWorld News reports: the CL short position has been fully closed. The position size before closing was $4,091,250.34. This giant whale is currently involved in crypto, U.S. stocks, and bulk trading at a scale of more than $70 million, becoming a major trend indicator for on-chain crude oil and U.S. stock indices, with total profits of $56 million over the full cycle.

CryptoWorld News: HYPE long positions' unrealized profits have narrowed to $24.68M (+158.08%), with the current price at $56.56, a liquidation price of $50.01, and a position size of $78.05M. This address heavily increased long positions before HYPE was listed on Robinhood and is now the largest HYPE long, having previously suffered significant unrealized losses.

Crypto news, Abraxas Capital main address increased its BTC long position by 3.40 coins on the HyperLiquid platform, approximately $2 million, with a holding size reaching $18,937,945.13, and the average price adjusted from $77,206.60 to $77,160.80. Currently, this address's unrealized profit and loss is -$2,604,841.07, the current coin price is $67,830.91, and the liquidation price is $26,898.27. This address has been building positions since May, once the largest contract fund whale on HyperLiquid, continuously taking profits since November, with a position size once reaching $920 million.