Track market-moving stories before they get noisy

Hyperliquid holds bullish trend, Zcash risks correction, ETH and SHIB struggle at key levels

Hyperliquid (HYPE): HYPE remains bullish despite cooling from $89, with $78–$80 support key for another push toward $90 and potentially $100.Zcash (ZEC): ZEC's powerful rally remains intact, but extreme overextension and overbought RSI make a correction toward $1,000 or even $850 possible.Ethereum (ETH): ETH is consolidating above key support after its August breakout, but a rally to $2,600–$2,650 seems unlikely.Shiba Inu (SHIB): SHIB's recovery remains constructive, but reclaiming the 200-day moving average at $0.00000567 is necessary to stay bullish.Hyperliquid might retreatAfter one of its biggest rallies of the year, Hyperliquid is finally exhibiting some signs of weariness. After dropping about 3.2 percent during the day, HYPE is currently trading at $82.50, retreating from the most recent local peak near $89. 

HYPE/USDT Chart by TradingViewBut the overall structure is still very bullish. In the latter part of August, HYPE surged from the $56–$60 range and then surpassed its prior significant highs at $75. The asset is still significantly above all of the daily chart's major moving averages. 

While the 50-day and 100-day averages are significantly lower at roughly $66.82 and $65.39, the 20-day moving average is close to $77.82. Nearly $57 is the 200-day average. Whether the current decline is indicative of normal cooling or the start of a more significant correction is the immediate question. 

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The former scenario is somewhat supported by the RSI. It moved into overbought territory before declining to about 57 points. As a result, momentum significantly returned to normal while the price corrected. 

The crucial support zone is now between $78 and $80. It overlaps with the 20-day moving average, which is rising quickly, and the recent consolidation area. Holding it would put HYPE in a position to try again at $88–$90. A breakout there could open the path to the psychological $100 level. 

Will Zcash's uptrend stay up?Zcash (ZEC) is still in an incredibly aggressive uptrend, but there is a much greater risk of a correction given its current technical configuration. After briefly rising above $1,240, ZEC is currently trading at about $1,149, continuing a rally that started in August at about $480. The price has significantly deviated from its main moving averages. 

ZEC/USDT Chart by TradingViewThe 50-day and 100-day averages are still close to $651 and $614, respectively, while the 20-day average has already increased to about $849. At $512, the 200-day average is situated. 

This separation shows how strong the trend is, but it also indicates that ZEC has very little technical support in the area if momentum abruptly stops. RSI is an additional caution. The daily reading is still in overbought territory, at about 75.8. In contrast to a traditional bearish signal, an overbought RSI does not always indicate that a strong trend will immediately reverse. 

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However, it does show that chasing ZEC around current levels is much riskier. The recent $1,230–$1,250 peak continues to be the first barrier. A strong breakout might move the market closer to $1,300 and possibly higher. The first area to watch on the downside is between $1,080 and $1,100. $1,000 becomes the primary psychological support below it. 

The larger bullish structure would not necessarily be destroyed by a deeper correction toward $850, which would still keep ZEC above its quickly rising 20-day moving average. 

Ethereum withstanding pressureEthereum is currently trading at about $2,459 as it consolidates following its explosive August breakout. The crucial point is that, despite multiple attempts to drive the asset below $2,400, sellers have not yet been able to undo the new market structure. 

ETH/USDT Chart by TradingViewWith remarkable momentum, ETH emerged from a protracted consolidation between $1,880 and $1,920, quickly surpassing all of its major moving averages. At about $2,345 and $2,185, respectively, it is currently trading well above the 20-day and 200-day averages. The 50-day and 100-day averages are still much lower, at about $2,127 and $2,101, respectively. There is no doubt, however, that momentum has decreased. 

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Trading volume has significantly decreased since the initial breakout, and the RSI has dropped to about 60 from overbought territory. Both developments show that the market has entered consolidation following an exceptionally quick repricing, so neither is inherently negative. 

Between $2,520 and $2,560 is where the immediate resistance is located. ETH has tested this area on several occasions without yielding a strong daily breakout. Clearing $2,560 would probably put $2,600–$2,650 back on track. $2,400 remains the first significant support on the downside. 

A breakdown would reveal the rising 20-day average around $2,345. The larger bullish structure is unaffected as long as that area holds.

Can SHIB keep up with the market?Shiba Inu's chart is still far less convincing than Ethereum's, but it is still making progress. After setting a series of higher lows since its August bottom near $0.00000440, SHIB is currently trading around $0.00000541. 

SHIB/USDT Chart by TradingViewBuyers are favored by the short-term structure. While the 50-day and 100-day averages are close to $0.00000491 and $0.00000503, SHIB is still above its 20-day moving average at $0.00000517. 

More significantly, the price still respects the rising support line that was established during the most recent rebound. The 200-day moving average at $0.00000567 remains the main barrier. Since SHIB has not returned to this level, there has not been a clear bullish reversal in the overall trend. 

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Aggressive selling also affected earlier attempts to move significantly above it. Momentum is neutral to positive. With an RSI of about 57, there is plenty of room before overbought conditions become problematic. The most recent advance, however, lacks the participation observed during SHIB's earlier explosive moves, as evidenced by the declining volume.

A breakout above $0.00000567 could reopen $0.00000600–$0.00000620 and would be the most significant technical confirmation. On the other hand, the recovery would be weakened if the rising support and $0.00000517 were lost. The crucial defensive zone for buyers would then be the $0.00000490–$0.00000500 range.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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Real-world asset (RWA) perp trading volume slipped 13.5% in August to $122 billion, the segment’s first monthly decline since January 2026, according to CryptoRank.

The pullback broke six straight months of growth. It landed in the same period that the wider crypto market staged its broadest rally of 2026, with 83% of the top 100 assets closing higher.

Why Traders Left Tokenized Assets MarketsReal-world asset (RWA) perpetuals spent the first half of 2026 filling a gap. Crypto itself was quiet. The Fear and Greed Index held below 51 for 217 straight days through August 20, and Bitcoin (BTC) closed four of the first six months lower.

Traders on perpetual decentralized exchanges who wanted price action looked to tokenized stocks, commodities, and indices. That demand compounded month after month, lifting volume from $23.1 billion in January to a July record of $141 billion.

August changed the setup. Bitcoin returned 25%, its strongest August since 2017, while Ethereum (ETH) gained 32.5%. Breadth widened alongside it, with 70 of the 84 non-stablecoin assets in the top 100 finishing higher.

CryptoRank attributes the RWA decline directly to that shift. 

“Once the majors started offering directional beta again, perp DEX traders stopped needing real-world assets to find it,” the report read.

Monthly RWA Perp Trading Volume From January to August 2026. Source: CryptoRankFollow us on X to get the latest news as it happens

Tokenized Stocks Now Lead the CategoryThe composition of what remains tells a different story from the headline number. Public equities are now the largest RWA perpetual category.

On Hyperliquid, tokenized stocks accounted for 67% of HIP-3 volume in August. Volume across the segment also remains more than five times the January level, so the pullback trims a steep climb rather than erasing it.

Exchanges read the same demand. New centralized exchange listings more than doubled to 199 in August from 98 in July, and CryptoRank ties part of that increase to tokenized stocks reaching centralized venues.

September now decides which reading holds. If RWA volume stabilizes while crypto keeps rallying, the August drop was rotation. If it keeps falling, the segment was borrowing traders rather than building them.

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Abraxas Capital has bought another 13,000 ETH worth $32.39 million in the spot market to hedge part of a 141,180 ETH short position on Hyperliquid valued at $353.27 million.

Summary

Abraxas Capital bought another 13,000 ETH worth $32.39 million in the spot market, according to Lookonchain. The purchase was made to hedge a 141,180 ETH short position on Hyperliquid valued at $353.27 million. The latest spot purchase covers just over 9% of the short when measured by the number of ETH. Abraxas previously accumulated more than 211,000 ETH worth over $477 million during a six day buying run in May 2025. Lookonchain said on Sept. 8 that Abraxas Capital purchased the additional Ether while keeping its much larger short position open on the decentralized derivatives platform. The blockchain analytics account described the transaction as another spot purchase made specifically to hedge the short.

At the values provided by Lookonchain, the latest purchase was made at an implied price of roughly $2,491 per ETH. The 13,000 ETH position equals just over 9% of the firm’s 141,180 ETH short when measured by the number of tokens.

Abraxas therefore remains heavily net short based solely on the positions disclosed by Lookonchain. Subtracting the latest 13,000 ETH spot hedge from the 141,180 ETH short leaves 128,180 ETH of net short exposure before considering any other holdings or positions controlled by the firm.

Abraxas Capital keeps $353 million ETH short open Lookonchain valued the Hyperliquid short at approximately $353.27 million at the time of its post, compared with $32.39 million for the latest spot purchase.

The hedge gives Abraxas exposure to ETH in opposite directions. The short position benefits from a decline in Ether’s price, while the spot ETH gains value when the token rises. Lookonchain specifically characterized the latest purchase as a hedge, rather than a closure or reduction of the underlying short position.

Large leveraged positions have become common on Hyperliquid, where whale accounts have carried several billion dollars in combined positions this year.

In May, crypto.news previously reported that Hyperliquid whale positions had reached $4.039 billion. Long exposure stood at $1.981 billion, while shorts accounted for $2.058 billion, producing a long-to-short ratio of 0.96.

Both sides of the whale book were underwater at the time. Long positions carried roughly $30.8 million in aggregate unrealized losses, compared with approximately $14.6 million in losses on short positions.

One of the largest individual trades in the May snapshot involved an ETH whale using 15x leverage. The account held roughly $87 million in Ether exposure from an entry near $2,265 and was sitting on more than $3.6 million in unrealized losses.

A separate reading five days earlier placed Hyperliquid whale exposure at $4.236 billion. Long positions totaled $2.099 billion, or 49.55% of the total, against $2.137 billion in shorts.

The split produced a long-to-short ratio of 0.98, leaving large traders almost evenly positioned between bullish and bearish bets.

Abraxas has made large Ethereum purchases before The latest transaction is not Abraxas Capital’s first large on-chain move involving Ether.

In May 2025, the investment manager withdrew 138,511 ETH valued at roughly $297 million from centralized exchanges over two days, according to Lookonchain. The transfers occurred during a sharp ETH rally that pushed the token above $2,300.

Abraxas then increased its holdings with another 33,482 ETH purchase worth $84.7 million.

Lookonchain data cited at the time showed that the firm had accumulated 211,030 ETH over six days, worth more than $477 million. The purchases followed the earlier withdrawal of approximately $297 million in ETH from exchanges.

The 2025 accumulation occurred under different market conditions and does not establish the purpose of the firm’s current positions. Lookonchain has specifically described the Sept. 8 spot transaction as a hedge against the Hyperliquid short.

Hyperliquid whale positioning has changed considerably at different points this year. In April, large trader positions totaled $3.4 billion, consisting of $1.737 billion in longs and $1.663 billion in shorts.

Long positions were carrying approximately $153 million in aggregate unrealized losses at the time, while shorts were sitting on roughly $161 million in unrealized profits.

An ETH whale tracked in the same dataset held a 15x leveraged long from around $2,148.70 and was down approximately $8.6 million.

Ethereum trades close to $2,500 Abraxas made its latest hedge while Ether remained close to the $2,500 level following a recovery from early September lows.

On Sept. 7, Ethereum traded near $2,493 after moving between approximately $2,475 and $2,537 during the session.

ETH had repeatedly failed to hold above $2,500, while its daily relative strength index had eased to 63.62 after the August rally.

Liquidation data cited in the report showed notable leveraged positions clustered around $2,430 below the market and between $2,540 and $2,600 above it. The nearest support zone was concentrated between roughly $2,423 and $2,475.

Ether had been trading considerably lower less than a week earlier. On Sept. 2, the token fell to an intraday low of $2,356 after failing to clear resistance close to $2,550.

Approximately $94.2 million in ETH futures positions were liquidated over 24 hours during the decline, while Ethereum fell below $2,400.

ETH remained above several medium-term moving averages at the time, including its 20-day simple moving average near $2,299 and its 50-day, 100-day and 200-day averages near $2,054, $1,903 and $2,030, respectively.

The token later recovered toward the $2,500 area, putting Abraxas’ latest 13,000 ETH spot purchase close to the same price zone.

Institutional demand for spot Ether has remained active during the recovery. U.S. spot Ethereum exchange-traded funds recorded $225.8 million in net inflows on Aug. 28, extending a nine-session buying streak to $1.42 billion.

BlackRock’s ETHA accounted for $1.02 billion, or roughly 72%, of the nine-day ETF inflows. Fidelity’s FETH recorded $56.2 million on Aug. 28, while BlackRock’s staked ETHB product added $20.7 million.

Lookonchain’s Sept. 8 figures put Abraxas Capital’s latest spot hedge at 13,000 ETH worth $32.39 million, while the firm’s Hyperliquid short remained at 141,180 ETH with a notional value of $353.27 million.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Binance founder Changpeng Zhao (CZ) published his forecast for the development of capital markets, stating that the traditional IPO model will move entirely onto the blockchain. According to him, tokenizing public offerings will provide companies with round-the-clock liquidity, seamless interoperability with DeFi protocols, and direct access to global retail capital.

The main confirmation of this thesis right now comes from the artificial intelligence sector, represented by Anthropic, the creator of Claude, whose pre-market has literally exploded: trading volumes in on-chain derivatives tied to its shares have surged into the millions just a month before the official opening bell on Wall Street.

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CZ's forecast rests on on-chain infrastructure for real-world assets (RWA) with a total market capitalization of $33.6 billion, of which tokenized stocks and ETFs account for around $3 billion.

Binance's bStocks platform holds 21% of this segment ($627.5 million), with 981,215 holders, while Circle Internet Group ($103.6 million) and SpaceX ($63.4 million) lead its trading turnover.

At the same time, the total value of tokenized stocks remains a drop in the ocean compared with the traditional U.S. stock market, whose capitalization exceeds $55 trillion, while average daily trading turnover on the NYSE alone stands at $100–150 billion.

Selling what does not yet exist: How Anthropic's pre-IPO boom worksAnthropic's official roadshow is scheduled for mid-October 2026. The startup's strong fundamentals — reaching $65 billion in annualized revenue by the end of the summer and posting its first operating profit — triggered an aggressive rally in pre-IPO derivatives, which have been trading in Web3 since June. 

Against the backdrop of CZ's remarks, pre-market trading volumes entered a phase of explosive growth:

Binance (TradFi Perps): The ANTHROPICUSDT contract stood at 2,012.50 USDT, with a daily trading volume of $21.1 million. The daily chart shows a strong bullish structure: the asset has fully recovered from its July decline to 1,300 USDT and reached new highs.Hyperliquid (DEX): On the decentralized platform, the ANTH-USDC contract is trading at a premium, priced at $2,157.3 (+7.78% over 24 hours). Open interest stands at $22.5 million, while daily turnover holds at $15.9 million.Pre-IPO derivative ANTH-USDC chart with a 24h volume of $15.68 million, Source: HyperliquidCombined buying activity on both exchanges puts the AI developer's expected valuation at around $2 trillion.

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The main barrier to integrating these markets remains the legal nature of the instruments. Exchanges explicitly warn in their disclaimers that pre-IPO derivatives are purely synthetic contracts based on price expectations. They are not directly linked to the share issuer and do not grant investors voting rights before expiration.

Nevertheless, derivatives trading will automatically end on the listing day, with settlement at the actual opening price of the shares on the traditional exchange. And the fact that, a month before the official offering, the traditional investment banking sector is forced to pay attention to the multimillion-dollar, round-the-clock trading volumes on Binance and Hyperliquid confirms CZ's logic — the boundaries between traditional IPOs and blockchain are blurring.

7 hours ago

According to Lookonchain monitoring, whale wallet HURDw has accumulated 285,503 SOL tokens on Hyperliquid over the past three weeks, valued at approximately $28.82 million.

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Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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The supply dynamics of Hyperliquid [HYPE] strengthened as the protocol accelerated token burns, adding a layer of scarcity around the token’s available supply.

Within 24 hours, Hyperliquid bought and burned 15.35K HYPE worth approximately $1.32 million. The protocol paid an average price of around $86.17, extending its revenue-backed token removal strategy.

As of press time, the total lifetime burns stand at 48.45 million HYPE, valued at $4.11 billion using the current market valuation. 

Significantly, this token burning activity permanently removed approximately 4.84% of HYPE’s maximum token supply.

Therefore, the recent buy extended an already established supply contraction trend rather than representing an isolated burn event,  while preventing those tokens from returning to circulation.

However, the reduced supply still requires sufficient demand to influence the HYPE’s broader price structure. 

The token’s exchange flows and whale accumulation, therefore, provided further evidence that the readily available market supply also tightened.

Whale accumulation strengthens the outflow narrative As of at the time of writing, HYPE had  recorded around $1.39 million in negative spot netflows, implying outflows exceeded inflows during the measured period. 

Noteworthy, the negative reading represented net movement between both flows, not the actual amount withdrawn from exchanges.

Alongside these outflows, Lookonchain highlighted persistent accumulation from a specific trader across ten consecutive days. 

The market participant bought 194,210 HYPE, valued at approximately $16.79 million, through repeated transactions from exchange hot wallets, rather than relying on one large transaction. 

Meanwhile, the negative netflows indicated that the broader exchange balances faced additional withdrawal pressure during the latest session.

Combined with the Hyperliquid’s token burn activity, these developments strengthen the argument for tightening readily available supply. 

Source: CoinGlass HYPE support faces weakening buying strength  At press time, HYPE traded around $84.22 after buyers challenged the $88.14 resistance zone but failed to establish support above the barrier. The price then returned toward the $83.82 level, placing the immediate support under increasing pressure.

Notably, the RSI shows a weakening trendline towards 60.28, while its moving average remained higher at 67.44 level. 

The divergence indicates that buyers faced a cooling strength while defending a level separating consolidation from a potentially deeper retracement.

However, despite the decline, the RSI remained above the neutral territory, leaving the broader recovery structure intact around the current price levels. 

A strong defense of the $83.82 support level will likely preserve another attempt toward the rejected $88.14 resistance  area.

A break above this $88.14 level would strengthen the bullish structure and open a potential path toward the psychological $100 price level. 

However, losing the $83.82 support would increase downside exposure, with $80 becoming the next significant support zone.

Source: TradingView Final Summary HYPE supply tightened as burns, Spot outflows, and whale accumulation aligned. Holding $83.82 would  keep $88.14 level and overhead liquidity within reach.

Crypto charts have a funny habit: the moment everyone agrees a coin is “done,” the candles suddenly remember how to run. From explosive altcoin rallies to fresh network activity, the latest market action is putting the next big crypto conversation back on center stage.

Hyperliquid has remained a major altcoin name even after Zcash briefly flipped it by market capitalization, while Hedera is showing stronger network activity and a technical setup aimed at $0.10981. Against that backdrop, Apeing is bringing a different proposition to the table: an early-stage Ethereum token with a live Banana Drop presale at $0.0001, putting $APEING directly into the race for the next big crypto.

Apeing ($APEING): The Next Big Crypto Candidate Built for Early Movers Table of Contents

Apeing is positioning itself around early participation, structured progression, and community-powered mechanics, making the project a notable next big crypto contender among early-stage tokens. Built on Ethereum as an ERC-20 token, Apeing benefits from a widely used blockchain infrastructure while its presale follows a defined 33-stage model.

Stage 1, known as Banana Drop, has an allocation of 150 million $APEING at $0.0001 per token. The presale represents 40% of the total 16.75 billion-token supply, or 6.7 billion $APEING, while the planned listing price is $0.01. That pricing structure creates a clear early-entry narrative, with the Stage 1 price representing a 100x crypto difference versus the planned listing price and a stated potential ROI of 9,900%. Early participants can also access tier-based staking opportunities, while the referral system adds another route for earning additional tokens.

Gamified Community Growth With a Low Referral Entry Threshold Apeing turns participation into a competition through two community systems: Ape Referral League and Ape Wars. A $25 purchase unlocks a personal referral code, while buyers using a referral code receive 10% additional tokens and the referrer earns a 10% reward based on the referred buyer’s spending.

The competitive layer goes further. Ape Referral League tracks the strongest referrers each month, while Ape Wars ranks the highest purchasers. Staking adds another incentive, with APY tiers ranging from 10% for the Chimp Tier to 85% for the Giga Ape Tier. Together, these mechanics give the 100x crypto narrative a community-driven structure rather than relying solely on price speculation.

What Could a $5,000 Apeing Position Look Like at Listing? At the Stage 1 price of $0.0001, a $5,000 purchase would acquire:

Calculation Result Purchase amount $5,000 Stage 1 price $0.0001 Tokens acquired 50,000,000 $APEING Planned listing price $0.01 Notional value at listing $500,000 Difference from original purchase $495,000 Potential ROI 9,900% The referral structure could increase the token count further when applicable. A qualifying purchase made through a referral code receives 10% additional tokens:

Referral Calculation Result Base allocation 50,000,000 $APEING Referral bonus 5,000,000 $APEING Total allocation 55,000,000 $APEING Value at $0.01 listing price $550,000 These figures explain why the Banana Drop stage is central to the next big crypto narrative surrounding Apeing: the earliest presale price sits dramatically below the planned $0.01 listing level.

How to Enter Apeing Before the Banana Drop Moves On To join the Apeing presale, visit the official Apeing presale page and connect a compatible crypto wallet.

Select the Banana Drop Stage 1 presale. Choose the amount of $APEING to purchase at $0.0001 per token. Confirm the transaction through the connected wallet. Receive the purchased $APEING tokens according to the presale terms. Purchase at least $25 to unlock a personal referral code. Qualify for staking tiers with larger purchases: Chimp at $500, Monkey at $1,000, Degen at $3,000, and Giga Ape at $15,000. Stage 1 includes 150 million $APEING tokens and remains available for one week or until sold out.

Hyperliquid ($HYPE): Price Slides After Market Shift Hyperliquid recorded a 2.67% decline over the past 24 hours, bringing the latest Hyperliquid price today to $84.07. The move follows recent strength around the $84–$89 range, where HYPE established significant market momentum and continued to attract attention from crypto traders.

Despite the short-term pullback, Hyperliquid remains a prominent altcoin with a strong recent performance profile. HYPE previously climbed above $89 to reach a fresh all-time high, keeping market participants focused on whether the token can regain upward momentum and challenge its recent peak.

Hedera ($HBAR): Transactions Hit Monthly High as Price Climbs 0.56% Hedera is gaining attention from both its network activity and price structure. The latest data puts HBAR at $0.08163, up 0.56% over the last 24 hours, while Hedera’s network processed approximately 593,000 unique transactions on September 3. That marked the highest single-day transaction figure recorded by the network in more than a month.

The Hedera price prediction setup remains focused on the $0.08675 breakout level. A 4-hour close above that resistance could open a path toward $0.10981, while a breakdown below $0.07288 would expose $0.06448 as the next major support. The combination of rising network activity, reported ETF-flow strength, and an ascending trendline gives HBAR a constructive technical narrative as traders watch for confirmation.

The Next Big Crypto Race Is Heating Up The next big crypto discussion is being shaped by very different market stories. Zcash has exploded higher on record derivatives leverage and short liquidations, temporarily flipping Hyperliquid, while HYPE remains a major altcoin despite its latest 2.67% pullback to $84.07. Hedera, meanwhile, is combining a 593,000-transaction network day with a technical setup targeting $0.10981.

Apeing brings the early-stage angle through its live Banana Drop presale. At $0.0001, Stage 1 offers a defined entry price, 150 million-token allocation, 33-stage progression, tiered staking, and a referral system that rewards both buyers and community growth. With the stated $0.01 listing price and 9,900% potential ROI, $APEING is built around the kind of early-entry structure that keeps the next big crypto conversation moving.

For More Information: Website: Visit the Official Apeing Website

Telegram: Join the Apeing Telegram Channel

Twitter: Follow Apeing ON X (Formerly Twitter)

Frequently Asked Questions About the Next Big Crypto What is the next big crypto to watch? The next big crypto depends on market conditions and project fundamentals. Current attention spans Zcash, Hyperliquid, Hedera, and emerging presales such as Apeing, each offering a distinct market narrative.

Which crypto could become the next big crypto? Potential candidates can emerge from established altcoins, network-growth stories, and early-stage projects. HBAR currently has a bullish technical setup, while Apeing offers a structured 33-stage presale opportunity.

What makes a crypto the next big crypto? Strong candidates typically combine market attention, meaningful adoption, liquidity, clear token mechanics, and compelling narratives. Network activity and structured early participation can also attract interest when momentum accelerates.

What is Apeing’s Stage 1 presale price? Apeing Stage 1, called Banana Drop, is priced at $0.0001 per $APEING token and has an allocation of 150 million tokens, making it the project’s opening presale stage.

How many $APEING tokens can $5,000 buy? At the $0.0001 Stage 1 price, $5,000 buys 50 million $APEING tokens. A qualifying referral purchase can receive 10% additional tokens, potentially increasing the allocation to 55 million.

Disclaimer This article is provided for informational and educational purposes only and does not constitute financial, investment, or trading advice. Apeing states that $APEING is a utility and entertainment token and not a security, investment contract, or financial instrument. It carries no intrinsic or guaranteed value. Purchasing tokens does not grant ownership, governance, or equity rights. Purchases are final and non-refundable. Users are responsible for wallet security and compliance with applicable laws and regulations in their jurisdiction.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Sources: An explosion has occurred in Saudi Arabia's Jizan region.

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Iran and the United States are exchanging views on negotiation plans and terms via mediators.

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The "Big Short" Michael Burry’s latest portfolio adjustment: Lululemon has become his largest holding, with short positions accounting for over 21%.

Michael Burry, the real-life inspiration for *The Big Short*, disclosed his latest portfolio adjustments via his Substack account today, stating that his largest long position is Lululemon, accounting for 17.4% of his portfolio, followed by MercadoLibre at 12%. The second tier includes Molina Healthcare and Temple & Webster, each making up 9%. Additionally, Burry holds long positions in Adobe, Zoetis, JD.com, HCA Healthcare, Flutter, Fannie Mae, Freddie Mac, Sprouts, PayPal, Veeva, Birkenstock, Build-A-Bear, and NVIDIA, with NVIDIA also used as a hedge. On the short side, Burry’s current short positions, ordered by size from largest to smallest, are iShares Semiconductor ETF, Micron, Nebius, CoreWeave, Oracle, Palantir, NVIDIA, Caterpillar, and Invesco QQQ Trust. Among these, his Invesco QQQ put option positions account for roughly 6% of his portfolio. Overall, his short positions make up over 21% of his portfolio, a figure that does not include put option positions, indicating he remains betting on valuation pressure for certain tech and AI-related assets. Furthermore, Burry has fully closed out his short positions in Tesla and Applied Materials, exiting both trades at a profit; he also sold all his SOXX put options and converted those positions into larger QQQ put options. Following the latest adjustments, Lululemon rose to his largest position after an increase, while his overall portfolio remains sharply split: bullish on select consumer and healthcare stocks, and bearish on certain tech and AI assets.

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Strategy has launched Bitcoin-themed Air Jordan 1 sneakers, priced at $250.

Strategy has launched a Bitcoin-themed Air Jordan 1 sneaker priced at $250, but its official website only supports bank cards and Apple Pay at checkout, not Bitcoin payments. Air Jordan is a high-end sports and lifestyle brand under Nike, founded in 1984 and named after NBA legend Michael Jordan, specializing in basketball shoes and sportswear. Previous reports noted that Strategy did not increase its Bitcoin holdings last week. As of September 7, 2026, Strategy holds 845,050 BTC.

35 minutes ago

Zcash (ZEC) Rockets 2,200% as Privacy Coins Become Crypto’s Biggest Outlier

Everyone is waiting for the Hyperliquid Season 3 airdrop, Machi Big Brother posted on Monday. His fix is a Solana meme coin called Season 3 (S3), and he says it pays HYPE to holders.

Jeffrey Huang is the Taiwanese-American entrepreneur behind the account. His pick spiked early Tuesday, then gave back about three-quarters of the move within hours.

Machi Big Brother Says He Is Not the DevHuang framed the coin as a way to skip the wait. He also borrowed a phrase, “let’s dance,” from trader Ansem, who had used it days earlier for a different coin. Then he stepped back from the project itself.

Season 3 coin $S3 is paying $HYPE sividends or hividends?

— Machi Big Brother (@machibigbrother) September 7, 2026
That disclaimer matters given his record. In March, he absorbed roughly $75 million in liquidations on Hyperliquid. Days ago, he pulled his $1M Friend.tech offer.

The Hyperliquid Season 3 Airdrop Nobody AnnouncedHyperliquid ran two-point phases, both before its Genesis Event. Farmers label them Season 1 and Season 2. The protocol never used the word season.

Nobody learned the exact rules either. Hyperliquid said only that its criteria changed on a recurring basis, and it never confirmed that points set the payouts.

That event released 310 million HYPE, or 31% of supply. No campaign and no payout have followed it.

Hope rests on the treasury. Another 388.88 million HYPE stays unminted for future emissions and community rewards.

HYPE itself trades around $84 after approaching record highs last weekend. Season 3 buyers are pricing a distribution that has no schedule.

Hyperliquid Price Performance. Source: BeInCrypto MarketsThe payout pitch does have a mechanism. Raydium lets token creators claim a cut of trading fees once liquidity reaches its main pools. Fees on the HYPE-quoted launchpad pool, therefore, arrive in HYPE.

S3 copies a template that is already running. Anonymous Cat, a Solana coin quoted in Zcash, opened on August 30 and now carries a $95 million market cap. Zcash, meanwhile, crossed $1,000 last week. Ansem promoted that one.

Neither coin runs on the chain it borrows from. S3 sits on Solana, not HyperEVM.

Liquidity stays thin. The HYPE pool carries about three-quarters of all S3 trading, near $3.6 million over 24 hours. It holds just $175,000 of depth. Total liquidity across every pool sits near $500,000.

Pools disagree on the price by more than 60%. Buyers are paying up for a claim that no named developer has confirmed.

Meme coin 4Stock on BSC hits $8.93 million market cap just two hours after its launch.

According to GMGN data, the Meme coin 4Stock on BSC hit a peak market cap of $8.93 million within two hours of its launch, and is now trading at $5.21 million, with a trading volume of $10.2 million in that period. BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept hype, with no actual value or practical use cases. Investors should exercise caution regarding risks.

1 seconds ago

Despite U.S. warnings, Malaysia is considering using Huawei's Ascend 910C to build its sovereign AI system.

Beating AI News Flash: Malaysia is seriously considering adopting Huawei’s Ascend 910C to build a sovereign AI infrastructure project valued at 2 billion ringgit (approximately $494 million). The initiative aims to keep sensitive data from government, military, and intelligence agencies within the country. State-owned telecom firm Telekom Malaysia has been named the primary operator, though the final chip selection has not been finalized. The focus is currently on the 910C, not the newer Ascend 950, which remains in limited production. Last year, the U.S. warned that using certain Huawei Ascend chips, including the 910C, could violate American export control rules. The Malaysian government is also considering re-tendering the project to enable direct competition from U.S. vendors such as NVIDIA. This marks Malaysia’s second engagement with Huawei’s AI chips: last May, the deputy communications minister announced plans to deploy 3,000 Ascend chips, but retracted the statement a day later. The government later clarified that the project was private and unrelated to national programs. Now, Huawei is re-entering a formal sovereign AI project backed by the Malaysian government with a 2 billion ringgit investment. If Huawei is ultimately chosen, this would be the first known instance of a foreign government formally selecting a Chinese AI accelerator. Huawei is also competing for an AI data center project with the Egyptian government, marking a genuine entry of Chinese AI chips into overseas national-level infrastructure competition.

1 seconds ago

Bithumb will list Cluster Protocol (CP)

According to official announcements, Bithumb, South Korea's second-largest cryptocurrency exchange, will list Cluster Protocol (CP).

1 seconds ago

No.1 account on the FOMO Daily Ranking once suffered a loss of $2.695 million, and turned a profit by holding a heavy position in STONK.

Data shows that Point Farm Capital, the top-ranked account on the FOMO platform’s daily leaderboard, currently holds approximately $9.8248 million in assets, with a paper gain of around $713,900 over the past 24 hours. Notably, its path to this paper gain was not smooth: records indicate the account once posted a paper loss of $2.695 million within the 24-hour window, but eventually turned a profit thanks to a sharp rally in STONK, pushing it to the top of the daily leaderboard. According to GMGN data, STONK has just hit an all-time high market cap of $190 million, with a 24-hour price increase of 50% and a 24-hour trading volume of $69.5 million. Data shows that STONK is the token generating the largest unrealized profit in Point Farm Capital’s portfolio, with a holding value of roughly $7.1898 million, cumulative unrealized profit of about $6.7478 million, and a return of approximately 1357.59%. The account’s average entry cost is around $1.3 million, while STONK’s current market cap stands at $176 million.

1 seconds ago

Driven by expectations of a rate hike by the Bank of Japan, the Japanese yen rose to a six-month high against the US dollar.

Boosted by expectations of faster interest rate hikes from the Bank of Japan and potential capital inflows into Japanese assets, the yen has extended its recent rally against the U.S. dollar. During Tuesday’s Asian trading session, the yen rose to a six-month high against the U.S. dollar, surpassing levels hit in late July when the U.S. and Japan intervened jointly in the foreign exchange market to curb the yen’s weakness. After Japanese Finance Minister Katsunobu Kato stated Japan will continue coordinating with the U.S. to ensure market stability, investors remain alert to the possibility of further intervention. Kato said at a Tuesday press conference: “We will maintain close communication with the U.S. Treasury and strive to preserve order in the foreign exchange market. Since the joint currency intervention with the U.S., our policy stance has not changed at all.” Christopher Wong, foreign exchange strategist at Oversea-Chinese Banking Corporation (OCBC) Research Department, noted: “The market has now almost fully priced in a 25-basis-point interest rate hike at next week’s Bank of Japan meeting. Remarks from economic advisor Sanae Takaichi have also driven a shift in rate expectations, with her projecting further tightening after a September rate hike.” (Source: Jin10)

1 seconds ago

H100 rental rates surge 22% in a month, Jensen Huang: GPUs are revenue-generating assets

Beating AI Express (from Dongcha) – NVIDIA CEO Jensen Huang shared data from compute power marketplace Ornn. Ornn noted that the H100, a training GPU released years ago, has seen its rental price surge by 22% over the past month, reaching a new high of $3.28 per unit per hour. Huang used this to emphasize that NVIDIA’s compute power can be continuously rented out for profit, serving as a revenue-generating asset. Ornn’s H100 Index is calculated based on actual rental transaction prices. Its daily settlement price on September 7 stood at $3.17 per hour, and Ornn’s latest displayed price has since climbed to $3.28. This data directly supports the "compute power durability" logic that Huang has repeatedly highlighted recently. NVIDIA also stated in its latest earnings call that GPUs can be redeployed across different clients and workloads.

1 seconds ago

53 minutes ago

According to monitoring by OnchainLens, Hyperliquid repurchased and destroyed 15,350 HYPE tokens over the past 24 hours, at an average repurchase price of approximately $86.17, for a total value of around $1.32 million. To date, Hyperliquid has cumulatively destroyed roughly 48.45 million HYPE tokens, worth about $4.11 billion at current prices, accounting for 4.84% of HYPE’s maximum supply.

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Wallets tied to North Korea’s sanctioned Lazarus Group have been routing tens of millions of dollars through Hyperliquid, according to on-chain work first published by Arkham analyst Emmett Gallic.

The finding lands just as the Trump administration is trying to pull the same derivatives venue into the regulated US market.Gallic reported that addresses linked to the OFAC-designated group moved more than $30 million through Hyperliquid’s HyperUnit bridge as recently as August 30.

Investigator ZachXBT had already tied those same addresses in 2024 to about $61 million in stolen bitcoin.

In the latest flow, funds arrived as bitcoin, were swapped into ether and solana, then bridged out to Tron, Solana, and Ethereum.

From there they reached KuCoin, LBank, Kraken, and several unlabeled Tron services.

Gallic split the activity into two clusters: one of about $30 million that traces to wallets already labeled Lazarus, and another of about $5 million that shows similar dormancy, address style, and counterparties.

That pattern is not a claim that Hyperliquid itself was breached.

It is a claim that a permissionless venue can be used to convert and hop stolen coins before they hit centralized exchanges.

Public ledgers show the path. They do not by themselves show whether those exchanges later froze accounts, filed reports, or blocked further withdrawals.

The policy backdrop makes the tracing more than a crime-lab footnote.

At a White House gathering in mid-August, President Donald Trump said CFTC Chairman Michael Selig was working to bring Hyperliquid into the United States “in a fully compliant and legal fashion.”

Separate reporting has described advanced talks between Hyperliquid Labs and Payward, Kraken’s parent, about offering some perpetual futures to American traders through Bitnomial, a CFTC-regulated exchange and clearinghouse.

An onshore product would still have to satisfy derivatives rules, customer-protection standards, market surveillance, and sanctions screening—requirements that sit uneasily next to wallet-to-wallet trading with no traditional KYC gate.

Hyperliquid grew into the largest decentralized home for perpetual futures by letting users trade from a wallet rather than a brokerage account.

That design helped it process trillions of dollars in cumulative volume.

It also leaves developers unable to force identity checks on every address that touches the chain.

Product filings for HYPE-linked funds have already listed that gap as a sanctions risk.

Lazarus-linked wallets were flagged on the platform as early as late 2024, when earlier suspected DPRK activity helped spark a large one-day outflow even though the protocol said no user funds were taken.

US agencies have long argued that North Korean cyber units steal crypto to finance weapons programs.

Analytics firms put 2025 DPRK-linked theft near $2 billion. Converting bitcoin on a high-liquidity perps venue, then bridging into other networks before cash-out, matches a familiar layering playbook.

Addresses linked to OFAC Sanctioned Lazarus Group (North Korea) have been actively moving $30M+ through Hyperliquid (HyperUnit) as recent as yesterday.@zachxbt identified these addresses as Lazarus Group in 2024 linked to $61M in stolen fundshttps://t.co/RNJ4NMBrxA pic.twitter.com/CvivPLVnEL

— Emmett Gallic (@emmettgallic) August 31, 2026

None of that proves an intent to sabotage Hyperliquid’s US ambitions.

It does give regulators a concrete case when they ask how a permissionless global book can be walled off from a compliant American offering.

The open questions are practical.

Who controls the deposit accounts at the centralized exchanges? Which of those firms acted after the coins arrived? And can an onshore Hyperliquid product be designed so that sanctioned clusters on the open protocol do not bleed into U.S. order flow?

Until those answers are public, the $30 million trail is less a verdict on Hyperliquid than a stress test of whether DeFi can enter US markets without importing the same sanctions problem that thrives in wallet-native trading.

Well-known trader Killa: Altcoins may have already bottomed out ahead of schedule, making now a good time to accumulate positions.

Renowned crypto trader Killa said in a recent post that while he dislikes the vast majority of altcoins and even believes 99.9% of projects will eventually go to zero, selective participation is worth it as long as there are profit opportunities in the market. He noted that historically, one of the favorable periods to allocate to altcoins is when Bitcoin starts forming a bottom and begins a gradual rally. Killa pointed out that during the last cycle, when Bitcoin rallied from $16,000 to $74,000, many altcoins saw gains of 300% to 500%. However, after Bitcoin began significantly outperforming the market and its market dominance rose further, many altcoins started to plunge sharply. He believes that if his assessment is correct and Bitcoin has now formed a cyclical bottom, many altcoins may have also completed bottoming at low levels, meaning there is significant upside potential for selectively allocating to quality assets ahead of the actual bull market expansion phase. Killa revealed that he previously bought SOL at $76, and the position is now up roughly 50% from entry. His previously disclosed entry price for HYPE spot and long positions was $51.55, with subsequent gains of around 70%. He also recently shared a swing long position in ASTER, and expects this position to deliver upside of at least 50% to 100%. “Altcoins may have already bottomed out in advance, while the real rally has not yet started. Now is the time for selective allocation,” he said. He added that different altcoins will likely rally in rotation going forward, and he will continue holding his previously disclosed positions in SOL, ASTER, and HYPE, while looking for more worthy assets to allocate to.

1 hours ago

Bitcoin drops back below $80,000; this week's inflation data may be key to determining its next market direction.

Bitcoin fell in low-liquidity conditions on Monday, dropping nearly 2% intraday, falling back below the $80,000 threshold again and erasing almost all of its gains from the weekend when it first broke above that level. This comes after Bitcoin notched its first weekly close above $80,000 since May. Due to the U.S. Labor Day holiday, U.S. stock markets were closed, reducing market liquidity and leading to thinner order books, amplifying the risk of short-term price swings. Data from CoinGlass shows that long and short liquidations in the crypto market over the past 24 hours were relatively balanced, with total liquidations amounting to around $178 million. Currently, near-term market liquidity is concentrated at two key levels: $80,500 and $78,800. QCP Capital noted that market volatility has continued to contract recently, with traders waiting for new external catalysts. U.S. inflation data set to be released this Thursday and Friday could be a key factor influencing the market’s direction and further shaping expectations for the Federal Reserve’s interest rate hike path. Despite Bitcoin’s recent sideways consolidation, analysts are still highlighting its resilience. Ryan Lee, chief analyst at Bitget, stated that Bitcoin’s ability to hold its high range—even amid stronger-than-expected U.S. jobs data, which typically boosts U.S. Treasury yields and the dollar and pressures risk assets—shows the market is not viewing potential Fed rate hikes as the sole determinant of current price action. Additionally, inflows into U.S. spot Bitcoin ETFs remain a key market focus, with net inflows hitting around $730 million in a single day earlier, marking the highest daily inflow since January this year.

1 hours ago

OpenAI’s Chief Scientist warns that AI is advancing too rapidly, saying “extreme caution” is needed now.

Insight: Beating AI News Flash — OpenAI Chief Scientist Jakub Pachocki warned that artificial intelligence is advancing too rapidly, growing increasingly difficult for humans to understand and control, stating that "extreme caution is needed now." He noted that AI models can already operate computers, collaborate with humans and other AIs, and conduct research, and that in the near future, they may achieve "recursive self-improvement" without human intervention. Pachocki expressed concern that no one is prepared for the consequences of the continuous rapid advancement of machine intelligence. Developers can align AI more closely with human interests, or slow down future research and development (R&D) if necessary. He anticipates and hopes that "voluntary slowdowns" in R&D by AI labs will become the norm before the industry establishes common safety standards. OpenAI has currently adopted a limited rollout approach for GPT-6 Astra due to its advanced cybersecurity capabilities.

1 hours ago

Biden-themed Meme coin LAPTOP unveils detailed tokenomics

Hunter Biden’s upcoming Meme coin project, set to launch on September 9, has released detailed tokenomics for its LAPTOP token on its official website. The LAPTOP token has a total supply of 1 billion units, with 35% (350 million tokens) unlocked at the Token Generation Event (TGE), and full unlocking will take 36 months. The token allocations are as follows: 30% to founders, 30% to prediction markets, 10% to initial airdrops, 10% to future airdrops, 10% to liquidity, 5% to the foundation treasury, and 5% to charity. Notably, the handling of the 30% total allocation will be determined by the settlement results of 30 Polymarket prediction markets covering political, crypto, and cultural categories. If a market settles to YES, the corresponding tokens will be burned directly; if settled to NO, they will be donated to charity.

1 hours ago

The Hunter Biden-linked meme coin LAPTOP warns the community to beware of counterfeit tokens and malicious links.

Hunter Biden, son of former US President Joe Biden, is set to launch a meme coin called LAPTOP. The project team has issued a reminder to the community to beware of counterfeit tokens and malicious links, stating that the LAPTOP project will never proactively contact users, nor will it ever request private keys, mnemonic phrases, or personal information, urging users to only trust communications from official channels. As BlockBeats previously reported, after Hunter Biden officially announced the coin launch, numerous LAPTOP-named tokens emerged on various popular meme coin blockchains, with most of them following a trend of surging first and then plummeting to near-zero value.

1 hours ago

Markets currently view the probability of the Republican Party securing a landslide victory in the midterm elections as low as just 11%.

According to data from Predict.fun, in its prediction market for the 2026 U.S. Midterm Elections, the current probability of a "Democratic landslide" is as high as 51%, the probability of Republicans winning the Senate and Democrats holding the House is currently reported at 35%, while the probability of a "Republican landslide" is only 11%.

1 hours ago

A new wallet has emerged on Hyperliquid, a decentralized platform, with a significant deposit and leverage position. The wallet, identified as 0x434b, deposited $700,000 into the platform and initiated a 6x long position on 1.02 billion units of the $PUMP token, valued at approximately $4.7 million. This development highlights intense interest and speculative activity around the unlaunched $PUMP token, which has been a focal point of Hyperliquid’s activities since its market debut in July 2025. The leverage used in this transaction notably exceeds the typical 3x leverage initially available for PUMP-USD hyperps.

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Key Takeaways The creation of a new wallet and substantial long position on $PUMP suggests market participants view the token with significant interest. The 6x leverage indicates an aggressive stance, exceeding the original 3x limit for PUMP-USD hyperps, reflecting heightened speculative behavior. Activity on Hyperliquid continues to show strong speculative interest and liquidity, suggesting ongoing engagement with the platform’s offerings. What to Watch The market will likely monitor any price movements in $PUMP following this large leverage position, which could influence broader sentiment on Hyperliquid. Additionally, any subsequent significant wallet activities or changes in leverage policies could impact market dynamics. Observers will also be attentive to broader industry news, such as partnerships or technological advancements, that could further affect Hyperliquid’s price trajectory.

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Term Structure

Contract Odds Δ since publish Volume 24h December 31 67.5% 0.0¢ $4K View market → January 1 2027 4% 0.0¢ $3K View market → January 1 2027 2.9% 0.0¢ $16 View market → January 1 2027 5% -0.7¢ $5K View market → January 1 2027 2.5% 0.0¢ $5K View market → January 1 2027 87.5% -0.2¢ $1K View market → January 1 2027 10.5% 0.0¢ — View market → January 1 2027 4.5% 0.0¢ $39 View market → Updated 3min ago

A new Hyperliquid wallet has opened a $4.7 million PUMP long. The trade is already sitting on more than $200,000 in unrealized profit, but the liquidation level leaves little room for complacency.

PUMP Price Rally Gives One Traders RoomWallet 0x434b reportedly deposited over $700,000 into Hyperliquid and opened a 6x long on 1.02 billion PUMP tokens. The position was initiated near $0.004407, while the current price stands around $0.004536.

That puts the trade in profit for now. The problem is the liquidation price near $0.003916. If PUMP price fails to hold its recovery, the position could be closed at a substantial loss.

On the other hand, a move above $0.005000 could give the trader more breathing room. A test of 0.005500 would push the position further into profit, assuming demand remains strong.

Of course, leverage makes every move matter more. A modest rally can produce a sizable gain, while a sharp reversal can erase the entire position.

PUMP Onchain Activity Supports The Bullish CasePUMP’s recent onchain figures provide a stronger argument than one leveraged trade alone. Data from the Solana blockchain shows thst PUMP has total value locked at approximately $339 million, while 30-day fees reached $147.9 million.

Thirty-day revenue stands at $57.4 million. Those figures indicate substantial activity across the ecosystem, although they don’t guarantee that the token price will continue rising.

The latest move has also pushed PUMP above its 20-day EMA band. That technical shift matters because the token had previously spent time struggling near major band levels.

PUMP Price Still Depends On Key SupportThe $0.001675-$0.001915 range has acted as an important demand area. It failed in June, sending PUMP price below the zone and toward approximately $0.001200.

That breakdown ultimately became a liquidity grab rather than the end of the trend. PUMP later reversed sharply and climbed toward $0.005500 before a healthier pullback followed. 

Now the toke is attempting another recovery. If PUMP price breaks above $0.005000, the next resistance could appear around $0.005000. A successful move beyond that level may open the way toward $0.007000.

Still, rejection remains a real possibility. If price fails after testing $0.005000, the leveraged trader’s liquidation level near $0.003916 becomes increasingly important. A deeper correction could expose support around $0.003402 and then $0.002554.

For now, PUMP price has improved onchain activity, a fresh leveraged bet and a recovery above the 20-day EMA. Whether that combination can sustain the rally toward $0.005500 remains the next test.

Story Ends Here

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Read the Next News

The first public look at institutional ownership of US Hyperliquid exchange-traded funds arrived with the latest round of 13F filings. Bloomberg Intelligence ETF analyst James Seyffart compiled the reports and found that 30 firms disclosed combined holdings of about $74.9 million as of June 30.

The figure is modest beside Bitcoin or Ethereum ETF books, yet it is the earliest official record of who bought the new products that track HYPE, the native token of the Hyperliquid blockchain.

NEW: Earlier this week i took a look at the Hyperliquid ETFs and their 13F reporting. Here's a look at all the known holders of the three ETFs. hyperliquid:native pic.twitter.com/99rcQ8bsFs

— James Seyffart (@JSeyff) September 4, 2026

The funds themselves are still young. 21Shares listed THYP on Nasdaq on May 12.

Bitwise followed three days later with BHYP on the NYSE. Grayscale completed the trio on June 3 with HYPG, a staking-focused vehicle.

By the June 30 snapshot, the products had been trading for only a few weeks.

That makes the first 13Fs a narrow window rather than a mature census of ownership.

They still matter because they show which professional names chose to appear in the opening quarter.

Wealth High Governance Asset Management, a Brazil-based firm, reported the largest single stake.

Its filing listed 632,614 shares of the 21Shares fund, valued at $23,948,236 on June 30.

That one position accounted for nearly a third of all disclosed exposure. OLP Capital Management ranked second with roughly $10.5 million.

UBS came third at $7.5 million, Bank of Montreal fourth at $6.7 million, and Jane Street fifth at $4.4 million.

Those five holders together reported about $53 million, or more than 70 percent of the known total.

Seyffart’s list continued with Discovery Capital, Brevan Howard, Balyasny, and Boothbay.

Farther down were much smaller entries, including $22,068 from Royal Bank of Canada and $1,103 from Tower Research Capital.

The concentration at the top is typical of a new ETF category: a handful of early movers take the bulk of the visible book, while the rest of the roster is long and thin.

13F data has well-known limits. Only institutions that manage more than $100 million in specified US securities must file.

The reports omit many retail buyers, smaller advisers, and some hedge funds that fall below the threshold or hold exposure through vehicles that do not require disclosure.

They also arrive with a lag. Positions listed as of June 30 could have been bought or sold weeks earlier.

Later filings will show whether these firms added, reduced, or exited.Even with those caveats, the presence of UBS and Jane Street is notable.

Both are familiar names in traditional markets. Jane Street is a major liquidity provider in ETFs.

UBS is a global bank with a large wealth and asset-management franchise.

Their appearance so soon after launch suggests that at least some professional desks treated the Hyperliquid funds as more than a curiosity.

Hyperliquid itself has grown quickly as an on-chain venue for perpetual futures.

The platform lists contracts on crypto tokens and, through its HIP-3 system, on traditional assets such as indexes, commodities, and pre-IPO names.

That mix has drawn trading volume that would once have stayed on centralized exchanges.

The spot ETFs gave conventional allocators a regulated wrapper and a brokerage ticker.

Early inflows into THYP and BHYP were relatively strong for an altcoin debut. The 13Fs now confirm that part of that demand came from institutions rather than only retail flow.

The holdings remain small in absolute terms.

They represent a first-quarter snapshot, not a forecast. What they do establish is that a mix of banks, trading firms, and asset managers took measurable positions in the funds’ opening weeks. Whether those positions grow in later filings will be the next test of how far institutional interest in HYPE extends beyond the initial novelty of listed products.

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Hyperliquid is expanding its builder-deployed perpetual market framework with an optional add-on known as HIP-3*. The change, discussed by co-founder Jeffrey Yan on September 3, 2026, is meant to let independent market operators restrict access to selected venues without rewriting the protocol’s open core.

HIP-3 already lets qualified builders launch their own perpetual venues on HyperCore.

A deployer that stakes the required HYPE can define assets, oracles, leverage, fees, and other parameters, then run the market and settle it.

Each such venue has its own order books and margin rules, while still using Hyperliquid’s shared matching and settlement stack. HIP-3* sits on top of that model.

It does not replace existing deployments or force every builder to lock down access.

The centerpiece is an on-chain allowlist.

The deployer, or a sub-deployer it authorizes, can add or remove wallet addresses that are allowed to trade on that venue.

Because the list lives on-chain, access rules are enforced at the market itself rather than through an off-chain gatekeeper.

Operators that do not need restrictions can ignore the feature and keep markets open to any wallet.HIP-3* also adds limited proxy actions on a permissioned venue.

Authorized parties can cancel a user’s resting orders, cancel all of that user’s orders and TWAPs on the same venue, place reduce-only orders on the user’s behalf, or move collateral between accounts on that venue.

Those powers can be granted one by one to sub-deployers.

They do not apply across other DEXs on the chain.

The design is framed as infrastructure, not a protocol-level KYC regime.

Hyperliquid presents itself as a neutral execution layer. Independent operators remain responsible for how they run their markets and for any eligibility rules they choose to impose.

An allowlist is a technical control, not a regulatory blessing.

A deployer might use it for institutional clients, jurisdiction-specific products, or other constrained audiences; another deployer can leave the same stack fully open.

A first version is already live on testnet. Specs there are still draft and may change after builder feedback.

Mainnet timing has not been locked. Existing HIP-3 markets are slated to keep working as they do today when the upgrade arrives.

The option matters because HIP-3 has already pulled a wide range of instruments onto one high-performance book: equities, commodities, indices, FX, and pre-IPO names among them.

Some of those products sit more comfortably behind eligibility checks. HIP-3* gives operators a way to meet those constraints without spinning up a separate chain or abandoning HyperCore’s speed and shared accounts.

In short, Hyperliquid is adding a switch, not flipping the whole network to permissioned mode.

Builders who want closed venues get on-chain tools. Builders who want open venues keep the original HIP-3 path. The protocol stays a shared settlement and matching layer; access policy stays with the party that deployed the market.

TLDR ZEC climbed above $1,200, leaving a tracked Hyperliquid short position with $25.7 million in unrealized losses. The wallet opened a 32,760 ZEC short at an average entry price near $444 back in July 2026. Analyst Ember links the address to Garrett Jin, though this attribution is not independently confirmed. The same wallet holds a $107 million Bitcoin long showing $4.42 million in unrealized profit. Funding fees of roughly $2.05 million have cut into the Bitcoin position’s effective return. A large trader on Hyperliquid is sitting on an estimated $25.7 million paper loss after Zcash’s price pushed past $1,200. The figure comes from a Sept. 7 assessment by on-chain analyst Ember.

The wallet in question shorted 32,760 ZEC. It entered the position in early July 2026 at an average price near $444.

Since then, ZEC has risen from around $400 to over $1,200. That move represents an increase of roughly 170% over about two months.

At $1,200, the gap between entry price and market price would produce a loss near $24.8 million before fees. Ember’s $25.7 million figure suggests ZEC was trading closer to $1,228 when the snapshot was taken.

Zcash Price on CoinGecko The Bitcoin position tells a different story The same address also holds a Bitcoin long worth about $107 million. That trade shows an unrealized gain of $4.42 million.

The wallet has paid around $2.05 million in funding fees on the Bitcoin trade. That cost reduces the position’s effective profit once accounted for.

Even combined, the Bitcoin gain does not offset the ZEC short’s loss. The two positions together remain deeply negative at the reported snapshot.

This does not reflect the wallet’s full trading history. Other closed trades, deposits or withdrawals are not included in the calculation.

Ember attributes the wallet to a “Garrett Jin whale entity.” No signed message, filing or public statement from Jin confirms this connection, so it remains the analyst’s assessment rather than a verified fact.

ZEC 太猛了，$1,200+ 了~
不过 [Garrett Jin 巨鲸实体] 应该是不太开心的：因为作为最大的 空单持有者的他们，现在浮亏 $2570 万了都。

他们是在 7 月初就开空了 3.276 万枚 ZEC，开空价格 $444。结果 ZEC 3 个月时间从 $400 猛涨到了 $1,200+，他们浮亏 $2570 万。

另外他们手上还有价值 $1.07… pic.twitter.com/eq74XQCL5n

— 余烬 (@EmberCN) September 7, 2026

What has driven the ZEC rally Zcash’s advance followed rising institutional interest in the asset. Grayscale converted its Zcash Trust into the ZCSH exchange-traded fund, which began trading on NYSE Arca on Aug. 25.

Grayscale charges the fund a 2.5% annual sponsor fee. ZEC traded near $855 shortly after the launch, with exchange volume topping $1.2 billion in one 24-hour period.

The price later pushed through $1,000, adding pressure on remaining short positions. Zcash has since moved into the ranks of the market’s largest assets by capitalization.

Spot buying, derivatives positioning and short covering may all have played a role in the rally. No single factor has been confirmed as the sole cause.

The wallet’s short position remains open. Its exact liquidation price was not available from Ember’s post, and no liquidation had occurred at the time of publication.

If ZEC keeps rising, the loss and required margin could grow further. A price pullback would reduce the paper loss and could return part of the position to profit.

Traders are watching the wallet’s collateral levels, ZCSH fund flows and ZEC derivatives open interest for signs of what happens next.

After watching from the sidelines while memecoin mania exploded on rival chains, Solana is fighting back. Led by $ZCAT, a memecoin paired with Zcash ($ZEC), and $STONK, the native token of Solana’s most diverse launchpad, Solana reclaimed the lead in 24hr spot DEX volume. 

Amidst the mania, Stonk.fun flipped Pump and Hyperliquid in daily revenue, causing a dramatic rerating in value as its token roared to a $200M market cap.

With meme/stocks establishing themselves as the market’s dominant trend, will Pump embrace multi-pairing launches?

$ZCAT, $STONK Trigger MemeFi Explosion on Solana Solana’s memecoin economy just reminded the entire industry what it’s capable of. Having watched the degens enjoy 9-figure runners on rival networks, Solana’s meme markets roared back to life over the course of the weekend.

After briefly ceding pole position in daily DeFi spot volume rankings to Robinhood, Solana reclaimed the top spot as the home of onchain markets. Driven by overwhelming demand for $ZCAT, a memecoin airdropping $ZEC rewards to holders, Solana recorded over $2.7B in daily DEX volume to once again lead all chains.

With the animal spirits returning to Solana, memecoin traders found themselves sitting on astronomical unrealized gains. Certain wallets became overnight millionaires on tokens like $STONK and $ZCAT, which ripped over to all-time high valuations of $186M and $179M respectively.

Beyond bestowing tremendous wealth and green candles across Solana DeFi, the weekend’s resurgence also put Solana back in the running to reclaim its position as crypto’s favorite place to trade tokenized equities. 

Having lost its long-held crown to Robinhood and BNB, Solana is once again competing for market share, capturing 32% of all tokenized equity trading volume.

Stonk.fun Flips Pump, Hyperliquid in Daily Revenue Offering the most diverse token pairings of all launchpads, Stonk.fun has briefly cemented itself as one of crypto’s most valuable applications. After a breakout day’s trading, Stonk.fun recorded over $1.5M in daily revenue, eclipsing industry kingpin’s like Hyperliquid and pump.fun.

While Stonk.fun’s volume has since cooled off, the platform continues burning its token supply at a breakneck pace. Allocating 60% of protocol revenue to buybacks and burns, stonk.fun burnt 0.6% of its total supply on Sunday, and is on track to burn another 0.3% today.

Meanwhile, the launchpad is evidently eager to continue exploring new pairing possibilities. While equities, commodities, and other crypto majors have proven extremely popular, social media interactions from emerging apps like World.xyz suggests Stonk.fun may be integrating tokenized prediction markets into its expanding platform.

Will Pump Enable Diverse Pairings? With Stonk.fun’s expansive range of token pairings attracting massive amounts of capital and activity, Solana’s memecoin traders are naturally wondering if rival launchpad pump.fun will follow suit.

6th Man Ventures MP and Pump.fun investor Mike Dudas seems to think that such an eventuality is extremely likely. Meanwhile, markets appear to be pricing in the prospect of pump.fun rolling out multi-pairings in the immediate future.

In the last 24 hours, $PUMP has gained 8.15%, while $STONK has lost around 35% of its value in the same timeframe, though the latter’s blistering run during the weekend means it was likely due some consolidation.

Read More on SolanaFloor Can the memecoin traders CTO a real company?

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After its sharp breakout in August, XRP is working to establish a more stable bullish pattern. The asset is now trading at $1.42, comfortably above the key moving averages. Buyers, however, have struggled to extend the advance since the surge, with price action reflecting a period of sideways movement.

XRP holds above key supportThe 200-day moving average at $1.35 remains a crucial support level for XRP. Since late August, the price has tested this area multiple times without experiencing a clear breakdown. The primary support is found between $1.35 and $1.36, strengthened by the 20-day moving average near $1.32. On the upside, the initial resistance stands at $1.45.

A sustained close above $1.45 could set up a renewed attack on the $1.50 to $1.55 range, which previously proved to be a heavy resistance zone. The price only briefly touched the $1.70 level, and there is not enough trading history at that price to consider it established resistance. Overall, the momentum remains positive.

XRP’s RSI is currently at 62, lower than during the August breakout, leaving room for further growth without technical overheating.

Bulls are supported as long as XRP consolidates above $1.35. Losing this level could weaken the recovery, shifting focus to $1.32 and then $1.23.

Solana rallies as momentum buildsSolana (SOL) has shown one of the clearest recovery trends, gaining over 3% in the current session and trading around $106.50. SOL remains above key moving averages after rebounding strongly from the June lows.

The $108 to $110 range presents the current resistance. Solana previously tested $110 during the late August rally but has not succeeded in breaking above. If the price surpasses $110, technical resistance in the immediate vicinity will be limited. Meanwhile, recent pullbacks have found support between $100 and $102. The 20-day moving average, now at $95.30, provides additional support below, with the 200-day average at approximately $91.

SupportResistance$100–$102, $95.30, $91$108–$110SOL’s RSI is nearing 68, with the signal average at 72. While the coin has cooled off since its last surge, it is once again approaching technically overbought conditions.

The setup remains favorable for buyers if SOL holds above $100. Losing this threshold could trigger deeper retracement toward $95 or $91, while a move beyond $110 would reinforce the bullish scenario.

Hyperliquid continues its market outperformanceHyperliquid (HYPE) has climbed over 4% in the current session, reaching nearly $89 and maintaining its lead over broader market performance. The upward momentum follows a surge that began on August 18, when HYPE traded below $60.

The price remains well above all major moving averages. HYPE is showing a strong pattern of higher highs and higher lows, with the 20-day moving average now at $76.91 and the 200-day at $56.47. The longer-term moving averages are clustered between $64 and $66.

The psychologically significant $90 level is currently in play. A breakout above this point would push HYPE into price discovery, with the $92 to $95 area as the next focal point. The significant distance between the current price and moving averages highlights the strength of the ongoing rally.

HYPE’s RSI stands at 68.5, just below the conventional overbought benchmark, indicating strong upside potential but an increased chance of short-term consolidation.

The first notable support lies between $84 and $85, followed by the rising 20-day average in the $77 to $80 range. HYPE’s bullish trend remains intact unless these support levels are lost.

Mini dictionary: Hyperliquid is a decentralized finance (DeFi) protocol focused on providing liquidity and trading solutions for crypto assets, aiming to facilitate high-frequency trading and automated market-making on blockchain networks.

Bitcoin steadies in high rangeBitcoin continues to consolidate around $80,000 after a strong move up from the $63,000 level in August. Despite several failed attempts to break decisively above $81,000, Bitcoin trades close to $79,960, reflecting ongoing high-level consolidation rather than a trend reversal.

Support has been consistently reliable between $77,000 and $78,000, where increased demand has re-emerged after price pullbacks. The most recent rally briefly pushed Bitcoin above $81,000, but selling pressure quickly returned. Immediate resistance is now clustered between $81,000 and $82,000.

Bitcoin remains distant from its major moving averages. The 200-day moving average stands near $72,638, and the 20-day is up to $75,124. Additional support comes from averages in the $69,400 to $70,000 band, reflecting the overall strengthening of market structure since August.

Momentum indicators remain robust. The RSI is now near 67—still below overbought conditions but with potential for a renewed surge above $82,000 to quickly drive momentum higher. A daily breakout above $82,000 would likely open the path toward $84,000–$85,000. The $77,000 level remains the key support on the downside.

スイス金融大手UBSやBank of Montreal（BMO）、大手マーケットメーカーJane Street（ジェーン・ストリート）などが、暗号資産（仮想通貨）HYPEに連動する米国上場ETF（上場投資信託）を保有していることが、Bloomberg Intelligence（ブルームバーグ・インテリジェンス）による各ファンドの初回の四半期保有報告の分析によって分かった。

6月末時点で最大の保有額を報告したのはブラジルのWealth High Governance Asset Managementで、21Shares（21シェアーズ）のHYPE連動ETF「THYP」を約2395万ドル（約37億円、1ドル＝155円換算）相当保有していた。保有数は63万2614株だった。

次いでOLP Capital Managementが約1050万ドル、UBSが約750万ドル、BMOが約670万ドル、ジェーン・ストリートが約440万ドルとなった。

ブルームバーグ・インテリジェンスのETFアナリスト、James Seyffart（ジェームズ・セイファート）氏の集計によると、上位5社の保有額は合計約5300万ドルで、確認された保有額約7490万ドルの70.8%を占めた。

ただし、今回の数字は6月30日時点のForm 13Fに基づくため、その後の売買は反映されていない。また、銀行の保有分には顧客資産が含まれる可能性があり、トレーディング会社ではマーケットメイクやヘッジ目的の保有も考えられる。

13Fは原則として、対象証券について1億ドル以上の投資裁量を持つ機関投資運用者に提出義務があるため、HYPE連動ETFの全保有者を網羅するものではない。

HYPE連動ETFでは、21シェアーズの「THYP」が5月12日に上場し、Bitwise（ビットワイズ）の「BHYP」が5月15日に取引を開始。Grayscale（グレイスケール）も6月3日に「HYPG」を投入した。これらの商品を通じ、投資家は証券口座からHyperliquid（ハイパーリキッド）の暗号資産HYPEへのエクスポージャーを得られる。

SoSoValueのデータによると、3ファンドは上場から9月4日までに計3億5658万ドルの純流入を記録し、同日時点の純資産総額は4億8086万ドルとなった。

【次に読む】
» HyperliquidのHYPE、過去最高値更新──80ドル突破
» イオレ、HYPE取得1億円到達──暗号資産業界団体にも加入
» トランプ大統領がHyperliquidの米国導入を表明──HYPE20%高騰

｜文・編集：Shoko Galaviz
｜画像：akif – stock.adobe.com

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