PANews reported on January 12 that, according to Coinbob monitoring, a former Hyperliquid employee (address starting with 0x7ae4) withdrew 249,999 USDC, leavingPANews reported on January 12 that, according to Coinbob monitoring, a former Hyperliquid employee (address starting with 0x7ae4) withdrew 249,999 USDC, leaving
A former Hyperliquid employee withdrew nearly 250,000 USDC, leaving approximately 1.48 million USDC in their contract account.
PANews reported on January 12 that, according to Coinbob monitoring, a former Hyperliquid employee (address starting with 0x7ae4) withdrew 249,999 USDC, leaving 1,483,912 USDC in the contract account.
This address consistently shorted HYPE during the price drop, and its connection to the Hyperliquid team was discovered through on-chain tracking, drawing attention. However, the Hyperliquid team recently clarified that the address belongs to a former employee who was laid off in 2024 and has severed ties with Hyperliquid Labs.
Market Opportunity
USDCoin Price(USDC)
$1.0007
$1.0007$1.0007
USD
USDCoin (USDC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Tom Lee’s Bitmine staket opnieuw grote hoeveelheden ETH
Tom Lee, voorzitter van BitMine Immersion Technologies en mede-oprichter van Fundstrat, blijft een van de meest opvallende institutionele spelers in de cryptowereld
Share
Coinstats2026/01/13 21:01
Taiwan Semiconductor (TSM) Stock: TSMC to Build Dozen Arizona Chip Plants in Trade Deal
TLDR TSMC is expanding its Arizona chip manufacturing footprint to approximately a dozen facilities as part of a U.S.-Taiwan trade agreement Taiwan will invest
Share
Blockonomi2026/01/13 21:18
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!
The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06