According to Ember monitoring, Ma Ji's big brother Huang Licheng's long ETH/HYPE/PUMP this time has basically spit back all the 22.45 million dollars he had previously made in ETH and HYPE. He started to go long HYPE through spot + contract at $27.5 in mid-May, and started to go long ETH at $2,654 at the end of May. In late July, the profit reached $22.45 million. After entering August, the market began to pull back, and his long ETH/HYPE/PUMP began to lose money. So far, he has given back the p...
Swell wrote on X that its bridging funds have exceeded $120 million, and there are more inflows. Major assets, such as Ethena Labs' USDe, ether.fi's weETH, and Swell's rswETH, are flowing at scale and speed. Most of the money is flowing in through Stargate, a full-chain transport liquidity protocol (powered by LayerZero technology).