Four hours ago, the UNIT deployer address transferred their Solana and Fartcoin on Hypercore to a new address. According to their website, which was updated three hours ago, this appears to be the Solana Treasury address on Hyperliquid. The docs now also include a Solana Treasury address. It looks like they tested deposits and withdrawals between Hypercore and Solana, including both SOL and Fartcoin. With a mainnet upgrade scheduled today between 3 AM and 4 AM UTC, I expect spot SOL/Fartcoin to go live very soon

https://hypurrscan.io/address/0xa822a9ceb6d6cb5b565bd10098abcfa9cf18d748

https://solscan.io/account/9SLPTL41SPsYkgdsMzdfJsxymEANKr5bYoBsQzJyKpKS

https://docs.hyperunit.xyz/developers/key-addresses/mainnet/solana

SmartestMoney sold almost 2 million HYPE and is short 1.875M HYPE ($46.9M) claiming to do so in order to farm the basis

https://x.com/mlmabc/status/1921200610767982819

Wallets linked to x.com/Sasm_88 started dumping large amounts of HYPE

43 hours ago, a 200K HYPE staking withdrawal finalized. 20 minutes ago, he started selling some, totaling 47K HYPE ($1.1M)

3 hours ago, he also transferred 150K HYPE ($3.7M) to another wallet, which he sold entirely

He is still holding 560K HYPE ($13.5M), of which 260K HYPE ($6.3M) is unstaked

https://hypurrscan.io/address/0x10f1d87fbb7617df5641d1c2bcb26f143f43202f

https://hypurrscan.io/address/0x8fcc8f55d7a8cdaee770a9e4112725d4a2c60492

Since this post, a wallet linked to Jae Chung, the founder of Manifold Trading, sent 150k HYPE to Gate and sold 320k HYPE for $6.3M with an avg exit of 19.7. He is still holding around 70k HYPE ($1.65M), which he is currently selling

https://hypurrscan.io/address/0x091144e651b334341eabdbbbfed644ad0100023e

Four hours ago, William Parker (the mysterious Hyperliquid whale) deposited $2.68M to Hyperliquid and shorted 888.888 BTC ($92.5M). He went viral two months ago for shorting over $500M worth of BTC

If you’re not familiar with him, check the linked tweet by ZachXBT

https://hypurrscan.io/address/0x51d99A4022a55CAd07a3c958F0600d8bb0B39921

https://x.com/zachxbt/status/1902713021937426495

Based16z sold 50K HYPE for $1.22M five hours ago at an average price of $24.40

He is still holding 450K HYPE ($11.5M), of which he unstaked 98.3K HYPE ($2.5M) 31 hours ago

https://hypurrscan.io/address/0x34971bc50eb4484505e4a24516c8db843fbef162

https://hypurrscan.io/address/0xc1e7b0174bd771b9b9a106fce446f652a6ae0034

Four days ago, a wallet presumed to be linked to Justin Sun transferred 500K HYPE ($12.6M) to HyperEVM and supplied the entire amount to Hyperlend

https://www.hyperfolio.xyz/0x5de5fc77fa43dda4155ce70edb0be683c0cc03c3

https://hypurrscan.io/address/0x5de5fc77fa43dda4155ce70edb0be683c0cc03c3

After selling over 600K HYPE in April to fund his perps account, where he made $25M, Inga_no has now started buying back HYPE, purchasing 130K ($3.3M) in the last 3 hours.

He currently holds 1.28M HYPE ($32.2M)

https://hypurrscan.io/address/0x4a207d289fd49e60502451099771127bcf35b961

Jez just deposited 2.5M USDC to Hyperliquid and bought 100K HYPE ($2.5M). He is currently holding 450K HYPE ($11.25M)

https://hypurrscan.io/address/0xaa7577a7a27aa7fcf6d0ec481b87df3ad0f6a88e

https://hypurrscan.io/address/0x09d63d136a0a98960cee7835d2f794a89ea71697

Bonkguy, as promised, sent all his Fartcoin (420K, worth $615K) to Hyperliquid

In the last 16 hours, 9.26 million FARTCOIN ($13.3M) and 12.5K SOL ($2.3M) have been bridged over to Hyperliquid

https://hypurrscan.io/address/0x89D1B999Fcf42B1EAC6ed850d0372Fc55F623D08

https://x.com/theunipcs/status/1922415738771362275

I saw lots of posts on the timeline about Abraxas Capital buying ETH. It’s not a directional bet but part of their Elysium Global Arbitrage Fund, which they are known for, meaning the position is market neutral

So why am I saying this? Because they’re using Hyperliquid to hedge a part of the holdings

They deposited $104.9M to Hyperliquid over the last 5 days and shorted $350M notional of ETH, BTC, and SOL

https://hypurrscan.io/address/0x5b5d51203a0f9079f8aeb098a6523a13f298c060

https://hypurrscan.io/address/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

https://www.abraxascm.com/elysium-global-arbitrage-fund/

twitter.com/Cbb0fe is arbing all Hyperliquid spot assets between Hypercore and HyperEVM, doing over a billion dollars in volume and making over a million dollars in the past month

https://hypurrscan.io/address/0xEFd3Ab65915E35105cAA462442C9ecc1346728DF

https://purrsec.com/address/0xefd3ab65915e35105caa462442c9ecc1346728df

Michael novogratz, the CEO of Galaxy Digital (galaxy.com), just shilled Hyperliquid on CNBC

With some movements around their public wallets, I think these 2 are related to them. I am not sure if it's them holding the HYPE or if the HYPE was sold OTC/being custodied for a HNWI or another entity, however, Michael said they are holding Hype in their portfolio

They received a total of 1.6M ($42.5M) on this address from KuCoin/Gate:
https://hypurrscan.io/address/0x8e489d045f2130c9e98426e1d5d2d229753f93ab

Which they transferred to these 2 addresses:
785K HYPE ($20.9M)
https://hypurrscan.io/address/0xcac19662ec88d23fa1c81ac0e8570b0cf2ff26b3

820K HYPE ($21.9M) which is staked
https://hypurrscan.io/address/0x62bc1fe6009388219dd84f9dca37930f6fb6fa22

https://x.com/marcryptonio/status/1923353062460043369

x.com/machibigbrother just deposited $500K to Hyperliquid, bought 18.2K HYPE, and staked it all

https://hypurrscan.io/address/0x020ca66c30bec2c4fe3861a94e4db4a498a35872

8 hours ago, wallets linked to Flowdesk received 80K HYPE from nolimitholdings.xyz, of which Flowdesk sold 51.5K HYPE for $1.42M. On this wallet, they still have 28.5K HYPE ($780K) left to sell

NLH is still holding $25M across HYPE, BTC, and PURR on HyperEVM, most of which is in HYPE

https://hypurrscan.io/address/0xf7803cb8cc97d7bfd1c770871858a9986c75ded2

https://www.hyperfolio.xyz/0x4c6452f18d5967f1f7e9884bc5cdfc60452e015a
https://www.hyperfolio.xyz/0x3300eebeea8239b90a435e403b130a853a0d7dff
https://www.hyperfolio.xyz/0x0d964cea81edba5c78dbee1a77a29b0e02ed7b30

The same wallet just finished selling 300k HYPE ($7.8M), all of which he sold over the last 4 hours, and which he bought 9 days ago for a total profit of $850K

https://hypurrscan.io/address/0x7e4e766d0ae5ea9cded0c694669194db92800107

Hyperliquids TVL just crossed $3B, up $1B (50%) over the last 40 days

https://arbiscan.io/address/0x2df1c51e09aecf9cacb7bc98cb1742757f163df7

4 hours ago, Maven 11 (maven11.com), a Dutch crypto fund, sent 288K HYPE ($7.5M) to HyperEVM

They bought the HYPE 40 days ago at an average price of $13.75 and are currently sitting on a profit of $3.5M

https://hypurrscan.io/address/0x561e0fa152429b1009dc4ec63ff5574be94f55f3

https://purrsec.com/address/0x12249312823853bcb86fd8f8339fe72d63f6301f

A wallet linked to x.com/Crypto_McKenna sold 75K HYPE for $1.98 million 35 minutes ago

https://hypurrscan.io/address/0x4143be14c4a5e38b7425a90007098b5a8ed86bfe

Rabby just integrated HyperEVM

William Parker (x.com/zachxbt/status/1902713021937426495), the guy who was the previous record holder of the largest Hyperliquid position, just deposited $2.3M and shorted 830 BTC ($88M)
https://hypurrscan.io/address/0x51d99a4022a55cad07a3c958f0600d8bb0b39921

Another wallet just dumped 2k ETH ($5.3M) for USDC through Uniswap, deposited the USDC into Hyperliquid, and longed 700 BTC ($75M)
https://hypurrscan.io/address/0x46e3a8c8135647b48b2e82198e42e0c69eacbab8

This all while James Wynn is still long 7,764 BTC ($830M)
https://hypurrscan.io/address/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6