Gate News bot message, Whale address 0xcd6b deposited 7.35 million USDC into Hyperliquid to establish long positions on NVDA and SNDK stocks. The whale currently holds 61,951 xyz:NVDA valued at $11.94 million and 2,920 xyz:SNDK worth $2 million in long positions. Additionally, a limit order for 40,778 xyz:NVDA amounting to $4.53 million remains pending execution.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle completes $68 million in internal settlements among 8 entities using USDC within the first month
Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.
GateNews2h ago
USDC tops Tether as stablecoin transfers hit all-time high $1.8T
Stablecoins are delivering a liquidity surge unseen in recent cycles, with February marking a record on-chain transfer activity and signaling a shift in how capital moves through crypto markets. Allium’s data shows total stablecoin transfers climbed to $1.8 trillion in February, underscoring a
CryptoBreaking5h ago
February stablecoin trading volume hits a new monthly high of $1.8 trillion, with USDC accounting for 70%
Gate News reports that on March 7th, according to Allium data, the trading volume of stablecoins in February reached $1.8 trillion, setting a new monthly record. Among them, USDC accounted for approximately 70% of the total trading volume, reaching $1.26 trillion; USDT's trading volume in February was $514 billion.
GateNews6h ago
South Korea plans to ban corporate investments in stablecoins, and USDT and USDC may be excluded from the permitted scope.
Gate News Report, March 7 — According to Korean media, the Korea Financial Services Commission is drafting the "Corporate Virtual Currency Trading Guidelines," which may exclude stablecoins from the permitted investment scope. The guidelines will outline the standards for listed companies and registered professional investment firms to trade digital assets for investment or financial purposes. To prevent reckless investments in the early stages of the market, regulators have decided to exclude dollar-pegged stablecoins such as Tether (USDT( and USD Coin )USDC( from the allowable investment range.
GateNews7h ago
Circle Settles $68M in USDC Transfers Across 8 Entities
Circle used USD Coin to settle $68M across eight entities in under 30 minutes via its Circle Mint treasury platform.
The stablecoin workflow replaced bank wires that usually take one to three days, enabling faster intercompany treasury settlements.
Circle Mint maintained treasury
CryptoFrontNews9h ago
Circle completes $68 million in internal settlement using USDC in less than 30 minutes
Circle CEO Jeremy Allaire stated that the company recently used USDC and Circle Mint to settle $68 million cross-company transactions in less than 30 minutes, replacing the traditional fiat wire transfer process that takes 1-3 days. This method has full auditability and is expected to be adopted by more enterprises in the future.
GateNews10h ago
