Key Highlights: The Delta metric climbed to 0.323, signaling rising dominance and heightened activity among whales. While OKX whales drove recent price declines through heavy selling, Binance whales have begun accumulating W tokens. Derivatives data reveals the Funding Rate advanced from -0.0484% to roughly -0.0083%, reflecting a notable decline in short positioning. Large-scale cryptocurrency investors ...
Key Highlights: Wormhole (W) suffered a sharp 34% decline amid aggressive spot market selling, creating a stark divergence between spot sell-offs and perpetual derivatives action. Perpetual metrics show conflicting signals: while the Long/Short Ratio held a modest bullish tilt at 1.05 with over $1.06 billion in 24-hour volume, Open Interest plummeted more than 48% to ...
Key Highlights: Hyperliquid’s trading volume remains thin amid broader market conditions. The decentralized exchange’s integration with Wormhole expands its access to multiple blockchain ecosystems. Traders are watching the impact on $HYPE liquidity, user adoption, and cross-chain trading activity. Hyperliquid’s Wormhole Integration Puts Multichain Trading in Focus Hyperliquid’s trading volume remains thin, reflecting broader conditions across ...