【数据：Hyperliquid 平台鲸鱼当前持仓 52.91 亿美元，多空持仓比为 0.95】火星财经消息，据 Coinglass 数据，Hyperliquid 平台鲸鱼当前持仓 52.91 亿美元，多单持仓 25.73 亿美元，持仓占比 48.64%，空单持仓 27.18 亿美元，持仓占比 51.36%。多单盈亏 -2.61 亿美元，空单盈亏 3.39 亿美元。其中，巨鲸地址 0xb317..ae 在 3147.39 美元价格 5 倍全仓做多 ETH，目前未实现盈亏 -4,483.52 万美元。

<div><p>【数据：Hyperliquid 平台鲸鱼当前持仓 52.91 亿美元，多空持仓比为 0.95】火星财经消息，据 Coinglass 数据，Hyperliquid 平台鲸鱼当前持仓 52.91 亿美元，多单持仓 25.73 亿美元，持仓占比 48.64%，空单持仓 27.18 亿美元，持仓占比 51.36%。多单盈亏 -2.61 亿美元，空单盈亏 3.39 亿美元。其中，巨鲸地址 0xb317..ae 在 3147.39 美元价格 5 倍全仓做多 ETH，目前未实现盈亏 -4,483.52 万美元。</p></div>

数据：Hyperliquid 平台鲸鱼当前持仓 52.91 亿美元，多空持仓比为 0.95

[Data: Hyperliquid platform whales currently hold $5.291 billion in positions, with a long/short ratio of 0.95] According to Mars Finance, Coinglass data shows that Hyperliquid platform whales currently hold $5.291 billion in positions, with long positions totaling $2.573 billion (48.64%) and short positions totaling $2.718 billion (51.36%). Long positions have a profit/loss of -$261 million, while short positions have a profit/loss of $339 million. Specifically, the whale address 0xb317..ae long cross margin-in on ETH at $3147.39, currently showing an unrealized profit/loss of -$44.8352 million.

<div><p>[Data: Hyperliquid platform whales currently hold $5.291 billion in positions, with a long/short ratio of 0.95] According to Mars Finance, Coinglass data shows that Hyperliquid platform whales currently hold $5.291 billion in positions, with long positions totaling $2.573 billion (48.64%) and short positions totaling $2.718 billion (51.36%). Long positions have a profit/loss of -$261 million, while short positions have a profit/loss of $339 million. Specifically, the whale address 0xb317..ae long cross margin-in on ETH at $3147.39, currently showing an unrealized profit/loss of -$44.8352 million.</p></div>

Data: Whales on the Hyperliquid platform currently hold $5.291 billion in positions, with a long/short ratio of 0.95.

Introduction Market Overview In 2025, stablecoins and DAT expanded in both scale and application scenarios, beginning to directly connect with traditional finance at the boundary level. The total market capitalization of stablecoins once exceeded $230 billion, with an annual on-chain settlement scale of approximately $1.5 trillion. Supported by legislation such as the GENIUS Act, they gradually solidified as the underlying settlement layer for cross-border payments and on-chain finance. The DAT model, through compliant equity or fund vehicles, provided traditional institutional investors with a standardized path to access crypto asset exposure, with its holdings of BTC and ETH assets having a high market value...

2025 Coinglass Derivatives Report: Instead of the altcoin season, a $154.6 billion liquidation season arrived.

The old script becomes obsolete in 2025
As 2025 draws to a close, the crypto market presents an unprecedentedly "divided" picture: Bitcoin (BTC) has repeatedly hit new highs driven by institutional funds, once reaching $125,000; Ethereum (ETH) is struggling around $2,800, still significantly lower than its all-time high; while Altcoin, which once "rose indiscriminately," have fallen into a deep abyss, with most projects plummeting 80-95% from their 2021 highs, failing to recover even against the backdrop of BTC's record highs.
This completely departs from the classic narrative of the crypto market over the past decade. The traditional "four-year cycle"...

Bitcoin's "never-setting sun" and Altcoin' "twilight of the gods"—has the four-year cycle truly come to an end?

Author: Xiaobing, TechFlow TechFlow
Original title: Even Satoshi Nakamoto had to kowtow to the God of Wealth.
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Every year on the fifth day of the first lunar month, Xiaobing gets up very early to go to the Temple of the First God of Wealth in the World at Beigaofeng in Hangzhou.
I thought I was going to be squeezed in with all the aunties and uncles, but when I got there, I found that everyone kneeling in the smoke was someone I knew.
On the left is a well-known gossip KOL, on the right is someone from a gambling community, and there are a few others who are always talking nonsense...