Hyperliquid: Market share drops to about 30%, emerging platforms quickly catch up

The current price of ETH is $3230.35, with a drop of 5.23% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was $30.01 million, with multiple orders being the main liquidation and ETH liquidation of $8.06 million (26.86%). The data is for reference only.

["'Smart Money Bravely Longs After 1011 Flash Crash' Closes Ethereum Long Position, Loss Exceeds $11 Million"] On-chain data shows that the account "'Smart Money Bravely Longs After 1011 Flash Crash'" has closed its 25x leveraged Ethereum long position. This position once reached 12,938.0658 ETH, with a cumulative loss of over $11 million in the past week.

U.S. bitcoin ETFs record $240 million in inflows as market sentiment faces pressure from the ongoing government shutdown.

OKX-BTC/USDT is currently trading at $100024.90, with a 5-minute drop of 0.34%. Please be aware of the market fluctuations.

[Hyperliquid ZEC Largest Short Position Adds Nearly 25 Million USDC to Avoid Liquidation] The price of ZEC surged from $60 to $600 in just one and a half months, and it has now become one of the top five tokens by holdings on Hyperliquid and top ten by trading volume on Binance. The address starting with 0xd47 holds the largest short position of Hyperliquid ZEC. Yesterday, this address added $24.848 million USDC as margin to avoid liquidation. Currently, it holds 50,370.45 ZEC (approximately $30.77 million) with an opening price of $293.03, and is in a floating loss position.