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Crypto 656

07/12 10:32

Unverified Rumor of Hyperliquid $20.5M Multi-Asset

Unverified Rumor of Hyperliquid $20.5M Multi-Asset Shortdc94062ddd094f0bba1639905bae74bb.png

  • Hyperliquid, USDC deposits, multi-asset short rumor unverified.
  • Recent blockchain data shows HYPE accumulation.
  • No major market disruptions connected to rumor.
Hyperliquid Multi-Asset Short Rumor: What You Need to Know

A rumor involving a $20.5 million multi-asset short on the Hyperliquid platform has emerged. Initial reports suggested USDC deposits across multiple addresses on July 12, but no official commentary or data verification has confirmed these claims.

Blockchain Analysis

Blockchain analysis shows USDC flows were primarily directed towards the accumulation of HYPE tokens, absent from any confirmed multi-asset short positions. Hyperliquid executives have not issued statements, leaving the rumor largely speculative without firm grounding.

Market Impact

The rumor's impact on related cryptocurrencies like ETH, BTC, SOL, and DOGE appears negligible, as trading volumes remain steady. HYPE trading saw increased activity with directional shifts indicating accumulation, not significant sell-offs or short positions. "No evidence of a short-side liquidity shift or significant outflows for ETH, BTC, SOL, DOGE, or HYPE linked to this alleged multi-asset short," noted one on-chain analyst.
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