According to a report from Lookonchain on October 22nd, several major whales on the decentralized exchange Hyperliquid have been injecting funds and increasing leverage to long positions over the past 12 hours. Address 0x89AB deposited 9.6 million USDC, buying 80.47 BTC and opening a 6x BTC long position worth approximately $14.47 million. Address 0x3fce deposited 1.5 million USDC six hours ago, increasing its BTC long position to 459.82 (approximately $49.7 million). Address 0x8Ae4 deposited 4 million USDC five hours ago, going long on BTC, ETH, and SOL. Address 0xd8ef deposited 5.44 million USDC three hours ago, going long on ETH.



Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash. Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more