Loracle will unlock 893000 HYPE in stock

Binance has announced the addition of Citrea (CTR) to multiple services, including futures contracts, officially launching on 2026-05-28 at 17:30 (UTC+8). Notes: - Binance may adjust contract parameters, including funding rates and leverage levels, based on market risk conditions. Please stay updated on relevant announcements. - The launch of perpetual contracts does not imply that the token will be listed on the spot market. - Contract trading carries high risks and may result in the liquidation of all margin. Please carefully assess the risks before investing.

Binance announces the launch of CTR USDT perpetual contract.

According to Hyperinsight monitoring, the largest short seller of HYPE, Loracle, will unlock 893000 HYPE spot items worth approximately $508 million in 7 hours, which is its largest single unlocking in the near future. Its total pledged size is approximately 201 million HYPE, valued at approximately 120 million US dollars. In the past month, the address has unlocked 1.11 million HYPEs (worth approximately $635 million). According to on chain records, it sold 557000 HYPEs worth approximately $333 million on May 21st. The current HYPE short position exposure of Loracle is $104 million, with a liquidation price of $90; The BTC short position exposure is $343 million, with a clearing price of $208000.

[MGBX to Launch NBISUSDT, WDCUSDT, EDENUSDT Perpetual Contracts] To meet the needs of a wide range of traders, MGBX will officially launch the NBISUSDT, WDCUSDT, and EDENUSDT perpetual contract trading pairs on May 28, 2026, at 18:00 (SGT). Schedule: Trading Opening Time: 2026-05-28 18:00:00 (SGT) Trading Pair Details: NBIS/USDT WDC/USDT EDEN/USDT For more trading opportunities, please visit 'Flash News Updates.' Data sourced from MGBX is for informational purposes only and does not constitute any investment advice.

According to cryptocurrency analyst Murphy, in the perpetual contract market, long positions pay short positions approximately $390000 in funding fees per hour, which is higher than the 7-day average of $220000, indicating that long positions have an advantage, but the cost of holding long positions is relatively high. Since the 7-day average of capital fees changed from negative to positive on May 12th, the bullish premium has continued to expand, especially in recent times. Murphy pointed out that high funding costs are difficult to maintain in the long term, and if BTC falls below key support levels, it may trigger a series of strong flat lines, forming a "bull squeeze". He reminded that spot demand and on chain activity are low, and suggested cautious participation in leveraged trading.