Lei06

Lei06

Crypto Market Participants & Web3 Content Creators. Study on-chain data, track hot narratives, and make transactions that you can understand. I believe that good content requires patience just like good positions.

1.2KFollowing
1.4Kfollowers

Feed

Lei06
Lei06
Today HYPE almost made it. 24h high: $61.919. My target is $62.66. Missed by $0.74, then got pushed back. HYPE current price $57.694, UTC today -1.69%. 24h high $61.919, 24h low $56.260. Long position still open, stop loss at $47, held from $46.07 all the way here. Then watching the key moment tonight. 22:00 UTC, OI dropped from $453.9M to $421.8M in one hour, evaporating $32.18M in that hour. In the same hour, short ratio surged to a peak of 56.88%. Plainly put: when the price was high, a batch of longs got liquidated—OI shrank, short ratio peaked, it was a chain stop-loss trigger for longs, not shorts actively entering. Now look at the current situation. Short ratio fell from the 22:00 peak of 56.88% down to 54.93%, OI slid to $401.1M. Funding rate: -0.000048, negative, back again. Last time it was slightly positive, now flipped negative again—shorts are paying longs. OI movement tonight: $418.3M → $453.9M (21:00 peak) → $421.8M (22:00 one hour -$32.18M) → $401.1M (latest) From peak to now, $52.8M evaporated. But note: 55% shorts still remain. These shorts entered around $55-$62, stop loss pressed above $62.66, just barely touched earlier. Those liquidated were longs, not shorts. The 22:00 wave was long stop-losses, not short profits—shorts remain, negative funding shorts still paying, $62.66 is still the gate. Tonight's pullback is a shakeout, not a reversal. Hold the longs, wait for the next surge. $HYPE
Lei06
Lei06
What language is this, or is it a song of an ethnic minority? Can someone translate it?
Lei06
Lei06
Kid, you sleep on the couch for a week
Lei06
Lei06
Due to stable prices, XRP attracted 4,300 new wallets within 24 hours The XRP Ledger recorded a significant surge in new addresses in the past 24 hours, indicating that despite XRP's price still being capped by resistance just above the $1.40 area, on-chain activity is recovering. Santiment highlighted the latest network growth spike.
Lei06
Lei06
【Spot demand for HYPE on Hyperliquid is rebounding, with net buy volume exceeding $6.7 million in the next 24 hours】 On May 22, according to Hyperinsight monitoring, among the addresses placing buy orders on Hyperliquid using TWAP (Time-Weighted Average Price) method to build positions in batches, there are currently 5 whales planning to buy over 10,000 HYPE each. In total, they intend to purchase more than 182,000 HYPE, corresponding to approximately $10.8 million. Some of these buy orders have already been partially filled. As of the time of writing, the net buying momentum for HYPE in existing orders is $6.7 million over the next 24 hours, and $1.45 million in the next 1 hour. $HYPE
Lei06
Lei06
[A certain whale cut losses and liquidated 8,424 ETH 1 hour ago, losing $2.25 million] On May 22, according to on-chain analyst Yujin's monitoring, the whale nemorino.eth liquidated 8,424 ETH (worth $17.9 million) 1 hour ago, incurring a loss of $2.25 million. At the beginning of the month, when ETH rebounded, it borrowed stablecoins from Spark to leverage and buy ETH at an average cost of $2,391. Subsequently, ETH failed to continue its rebound and instead declined. Today, it withdrew 8,424 ETH from Spark and sold them off at $2,124 to liquidate the position. After repaying the loan, it deposited the remaining 11.71 million USDC back into Spark to earn interest. $ETH
Lei06
Lei06
[Analysis: Bitcoin's 8-Month Deleveraging Period Ends, Binance's Open Interest Returns to 180-Day Moving Average] On May 22, CryptoQuant analyst Darkfost posted on the X platform that Bitcoin traders are returning after approximately 8 months of deleveraging. Since the event on October 10 last year, Bitcoin has undergone a prolonged deleveraging phase in the derivatives market, characterized by Binance Futures' open interest falling below the 180-day moving average. This phase lasted about 8 months, with the last similar occurrence happening before the 2022 bear market and the FTX collapse. Since early May, Binance's open interest has risen from $6.4 billion in March to about $8.96 billion currently, surpassing the 180-day moving average of approximately $8.75 billion, marking the end of the deleveraging period. The return of investors to the derivatives market has driven the current upward correction, but with the macro environment continuing to deteriorate, this trend remains fragile. $BTC
Lei06
Lei06
[A Whale Shorted Hyperliquid Ecosystem Meme Coin PURR, Floating Loss of $570,000] On May 22, according to Hyperinsight monitoring, driven by HYPE breaking its all-time high, the Hyperliquid ecosystem Meme coin PURR surged 18% today, currently priced at $0.1307, but still about 80% below its historical peak. PURR's daily trading volume on the Hyperliquid platform exceeded $10 million, with open interest reaching $9.7 million. A certain short whale turned from profit to loss during last week's rebound, with today's floating loss further expanding to $570,000, and a cumulative capital drawdown exceeding $1 million for the week, resulting in a 160% loss of the position's principal. This address is currently shorting 12.695 million PURR with 3x leverage, holding a position valued at approximately $1.66 million, with an average entry price of $0.0854 and a liquidation price of $0.3055. Address: 0x6859da14835424957a1e6b397d8026b1d9ff7e1e$HYPE
Lei06
Lei06
My little sister's new brain is hard to teach🤣
Lei06
Lei06
🐶: Who else would you worship if not this one? 🤣