Abraxas Capital Shorts BTC, ETH, and SOL on Hyperliquid, Accumulated Floating Profit Exceeds 112 Million USD
BlockBeats News, June 23, according to Lookonchain monitoring, Abraxas Capital has shorted BTC, ETH, and SOL with 10x leverage on Hyperliquid through two wallets, hedging their spot positions, with a cumulative floating profit exceeding 112 million USD.
AguilaTrades has closed a 20x leveraged BTC short position
BlockBeats news, on June 22, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale AguilaTrades has fully closed a 20x leveraged BTC short position, making a profit of $112,000.
Analyst: Bitcoin demand is slowing down, potential support area around $92,000
BlockBeats news, on June 22, CryptoQuant research director Julio Moreno stated that after experiencing a period of accelerated growth with prices nearing $112,000, Bitcoin demand is showing signs of cooling. Spot demand continues to grow, but the growth rate has slowed and is currently below historical trends. The amount of Bitcoin purchased by whales and ETFs has halved. The demand from new investors is also declining. In the futures market, investors have recently chosen to take profits and are starting to establish new short positions.
If demand remains weak, Bitcoin may find support around $92,000, which corresponds to the on-chain actual cost for traders and is a typical support zone during a bull market. If this support fails, the next support level may be at $81,000, close to the lower bound of the on-chain actual cost for traders.
Tether mints an additional 1 billion USDT on the Tron network
According to BlockBeats news on June 22, Whale Alert monitored that Tether Treasury minted 1 billion USDT on the Tron network 1 hour ago. A total of 2 billion USDT has been minted today.
Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.
Total liquidations across the network expanded to 1.015 billion dollars in the past 24 hours, mainly driven by long position liquidations
BlockBeats news, on June 22, according to Coinglass data, the total liquidation across the network in the past 24 hours has expanded to 1.015 billion dollars, with long position liquidations at 905 million dollars and short position liquidations at 110 million dollars.
Hyperliquid, a new player in the crypto-stock race
On June 17, eye drug digital technology company Eyenovia (stock code: EYEN) announced that it had signed a securities purchase agreement for a PIPE 'public equity private placement' of $50 million with qualified institutional investors, which will be used to establish its first cryptocurrency reserve plan, targeting the native token HYPE of Hyperliquid, and the investment amount of $50 million far exceeds the company's market value of $20 million.
To promote the implementation of this strategic transformation, the company has simultaneously appointed Hyunsu Jung as the new Chief Investment Officer (CIO) and a member of the board, and announced that the company name will be changed to Hyperion DeFi, with the stock code also updated to HYPD. What exactly is Eyenovia, the first publicly listed company in the US to use on-chain exchange tokens for a 'micro-strategy' plan? Who is Hyunsu Jung, the driving force behind it? As more and more companies use Crypto tokens for 'rebirth', will $Hype be a better choice?
AguilaTrades has closed its BTC long position at 20x leverage and opened a short position at 20x leverage.
BlockBeats news, on June 22, according to Onchain Lens monitoring, the whale AguilaTrades has closed its long position in Bitcoin (20x leverage), with a loss of 16.61 million USD from this transaction. Currently, AguilaTrades has opened a short position in Bitcoin (20x leverage), with a position value of 81.84 million USD.
Overall, Águila has incurred a cumulative loss of over 32 million USD in its last three trades.
Trader Eugene: I have gone long on Bitcoin and some altcoins, now is the time to 'buy the dip.'
BlockBeats news, on June 22, top trader Eugene Ng Ah Sio posted on his personal channel stating, "Here I am quite actively opening long positions, including Bitcoin and some altcoins. I believe that the bombing actions in the U.S. earlier today, combined with the closure of the Strait of Hormuz, are a continuous blow to early bulls, it has been enough to wash out positions, and now is the time to 'buy the dip.' If the market directly gaps down to $95,000, then all we can say is 'good night,' but this is the last battle for the bulls, and I am already positioned."
BlockBeats reports that on June 22, Whale Alert monitored that Tether Treasury minted 1 billion USDT on the Tron network 2 minutes ago.
Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.
Liquidations across the network rose to 922 million USD in the past 24 hours, primarily driven by long liquidations
BlockBeats news, on June 22, according to Coinglass data, the total liquidation in the past 24 hours reached 922 million USD, including 823 million USD in long liquidations and 99.03 million USD in short liquidations.
A certain whale holds 19 long positions on HyperLiquid, with an unrealized loss of 22 million dollars
BlockBeats news, on June 22, according to Onchain Lens monitoring, a certain whale holds 19 long positions on HyperLiquid, involving assets such as SOL, ETH, HYPE, XRP, ADA, etc.
In the current market decline, this whale is facing an unrealized loss of about 22 million dollars.
Next week's important events and data preview: The Federal Reserve will announce the US May Core PCE Price Index Year-on-Year on Friday.
BlockBeats news, June 22, next week's important events and data preview:
Monday: Federal Reserve Governor Bowman speaks on monetary policy and banking; the US begins to impose tariffs on various steel appliances, with a tax rate set at 50%.
Tuesday: Federal Reserve Governor Bowman speaks on monetary policy; Federal Reserve Chair Powell delivers semiannual monetary policy report testimony before the House Financial Services Committee; Summer Davos Forum held, until June 26; NATO heads of state and government will hold a summit in The Hague from June 24 to 25, Trump confirms attendance.
Two whales shorting BTC have accumulated a floating profit exceeding 15.34 million USD
BlockBeats news, on June 22, according to on-chain analyst Ai Yi (@ai_9684xtpa), it was monitored that two whales shorting BTC on Hyperliquid have accumulated a floating profit exceeding 15.34 million USD:
· "Insider Brother" shorts BTC: Position value 111 million USD, opening price 107,766.3 USD, current floating profit 8.1 million USD;
· Whales that shorted BTC four times since March 2025: Position value 93.88 million USD, opening price 108,467.1 USD, current floating profit 7.24 million USD.
150 million USD liquidated across the network in the past hour, mainly in long positions
BlockBeats news, on June 22, according to Coinglass data, the total liquidation in the past hour was 150 million USD, of which long positions accounted for 142 million USD and short positions accounted for 7.64 million USD.
On the news front, according to market reports, the Iranian parliament approved the closure of the Strait of Hormuz, but the Supreme Security Council needs to make the final decision on this measure.
AguilaTrades has incurred losses of $31.72 million in BTC long positions over the past month
BlockBeats news, on June 22, according to on-chain analyst Ai Yi (@ai_9684xtpa), as BTC fell below $101,000, AguilaTrades' long positions in $BTC have incurred losses of $31.72 million over the past month.
In the past 10 minutes, he quickly reduced his position to $185 million, closing out 1,685.13 BTC of short positions, but is still facing an unrealized loss of $8.21 million, with the latest liquidation price at $98,041.
Iranian parliament approves closure of the Strait of Hormuz, Bitcoin briefly drops over 1%
BlockBeats news, on June 22, according to market news, the Iranian parliament approved the closure of the Strait of Hormuz, but the highest security agency needs to make the final decision on this measure.
According to HTX market data, Bitcoin briefly dropped over 1%, currently quoted at $101,603.