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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Recently, a data report on the most successful traders on the Hyperliquid platform has attracted widespread attention in the market. This data reveals the top ten addresses with the highest profits on the platform, with profit margins ranging from 89 million dollars to an astonishing 400 million dollars.
It is worth noting that most of these high-profit accounts still choose to hold HYPE tokens, demonstrating their long-term confidence in the project. This phenomenon seems to coincide with the recent market performance of HYPE. After the auction of USDH tokens was completed, the well-known USDC issuer Circle announced an investment in HyperliquidX and became its node validator. This news drove the price of HYPE tokens to soar to $54.9.
Let's take a look at the specifics of these top accounts:
1. Address 0xfae9...3571 holds the most HYPE tokens, with 3.37 million tokens, valued at as much as $184 million at the current price.
2. Following closely is Address 0x77c3...5e45, holding 2.84 million HYPE, worth 156 million USD.
3. The position at Address 0x5115...fac2 is also quite substantial, holding 2.42 million HYPE, worth 132 million USD.
4. Address 0x716b...1d95 holds 2.1 million HYPE, worth approximately 115 million USD.
5. The Address 0x9794...333b is relatively less, holding 1.01 million HYPE, but still worth 55 million USD.
In addition to these large HYPE holders, there are some accounts that have chosen different strategies:
6. Address 0xbde2...60b1 and 0xa350...015f achieved profits of 99 million and 91 million USD respectively, but the funds have been transferred to other wallets.
7. Address 0xb8b9...67d2 and 0xecb6...2b00 choose to hold USDC, staking and holding approximately 40.5 million coins respectively.
8. Interestingly, Address 0xbdfa...5c50 staked 1 million HYPE, currently valued at 54.16 million USD.
These data not only showcase the remarkable profitability of top traders on the Hyperliquid platform, but also reflect the strong confidence in the HYPE token from the market. With Circle's involvement and the rise in token prices, Hyperliquid seems to be accelerating its development in the decentralized finance space. However, investors should also keep in mind that the cryptocurrency market is highly volatile, and high returns often come with high risks.