XPL Futures on Hyperliquid Experience $130 Million Liquidation Before Plasma Token Launch
The Hyperliquid exchange witnessed a dramatic decline in open interest for XPL futures as a price surge triggered mass liquidations.

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The Hyperliquid exchange witnessed a dramatic decline in open interest for XPL futures as a price surge triggered mass liquidations.
Data from Glassnode indicates profit-taking pressure is rising as inactive coins become active and ETFs drive market activity.
Metaplanet has announced a significant international share sale, highlighting major financing moves that could pivot its market standing.
The timing and amount for the equity offering will be influenced by various factors, including market conditions.
Crypto lobbyists warn that without protections for software developers, they cannot support upcoming market structure legislation.
Ethereum continues to demonstrate an upward trajectory, driven by institutional interest and shifting market dynamics, especially with increasing expectations for a $5,000 price point.

Canary Capital Group has initiated a move to establish a spot ETF for TRUMP Coin, potentially influencing future ETFs in the realm of politically linked cryptocurrencies.
Gemini has announced that it now allows all customers in the U.K. to stake ether and solana, following the opening of its first permanent office in London.
1789 Capital, co-led by Donald Trump Jr., invests in Polymarket, joining its advisory board.
The debut of the Trump-affiliated WLFI token on Hyperliquid saw its futures plunge more than 44% as traders opted to go short.
SharpLink Gaming, headed by Ethereum co-founder Joe Lubin, significantly increases its ether assets and raises substantial capital for future acquisitions.
A significant percentage of ether’s supply has been acquired by treasury companies and ETFs, indicating potential undervaluation, as per Standard Chartered’s forecast.

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