Hype

A single trader has opened a massive $1.1 billion notional long position on bitcoin (BTC) using 40x leverage on the onchain decentralized exchange (DEX) Hyperliquid, a rare instance of a ten-figure position being open entirely on a blockchain-based …

Despite markets taking a brutal hit on Tuesday, two altcoins—Story’s IP and Hyperliquid’s HYPE—are stealing the spotlight.