BlockBeats news, on December 3, according to monitoring by lookonchain, address 0x4321 has conceded—closing out his Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding on to his Bitcoin long position, which currently has over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were locked in a long vs. short battle: · 0xfB66 opened a 15x leveraged long position: Position: 300 BTC ($25.9 million) Entry price: $84,736.9 PNL at the time: +$505,000 Liquidation price: $72,424 · 0x4321 opened a 20x leveraged short position: Position: 447.38 BTC ($38.67 million) Entry price: $86,373.6

Gate News bot message, recent data from Dune Analytics reveals the profit distribution among Polymarket traders. The analysis indicates that 16% of trackable Polymarket wallets have recorded positive returns, while 84% of wallets demonstrate negative profit and loss (PnL) outcomes. These statistics

Orderly Network announced the launch of a four-week UCC Trading Championship with a total prize pool of $200,000, and rewards will be distributed based on PnL rankings. Users trading with the Aegis stablecoin YUSD will be eligible for an additional 0.3% Aegis Token reward, and the event supports participation from multiple platforms.

BlockBeats news, on October 11, Ethena confirmed that the minting and redemption functions are normal, and USDe is in an over-collateralization state due to additional unrealized PNL (UPnL).

On-chain analyst Murphy pointed out that Bitcoin's unrealized PNL ratio (UPUL) is abnormal, with a lower UPUL when prices are high, indicating that the market's pump relies on new funds. It is necessary to follow the net inflow of ETFs; once it slows down, short-term rises will be limited, and swing traders should take profit reasonably, but the bull run has not significantly turned bearish.

According to Coinglass data, the Hyperliquid platform Whale currently has Holdings of 11.343 billion USD, with long orders accounting for 46.72% and short orders accounting for 53.28%. The profit and loss for long orders is 257 million USD, while for short orders it is -687 million USD. Among them, the Whale Address shorted BTC at 111,459.6 USD, with unrealized PNL of -15.6437 million USD.

Odaily News According to market news: Hyperliquid employees stated that based on user feedback, the Hyperp mark price will use the regular mark price formula and combine it with the price of external perpetual futures (if any) before going live, which has no significant impact on the vast majority of users and instances, but can improve the robustness of the system. It should be clarified that this will not affect the funding rate or realized PNL.

Odaily News Backpack exchange announced the official launch of real-time Proof of Reserves built and verified by OtterSec, and committed to public disclosure on a daily basis. The system is based on zk-SNARKs technology, covering Spot, Margin, and unrealized PNL, allowing users to verify their account balance through Merkle tree without exposing privacy. Compared to the industry-standard monthly disclosures, Backpack achieves daily public disclosure and internal verification every 10 minutes, and in the future will gradually realize complete public access to code and data, enabling Centralized Exchange to have on-chain verifiability.

PANews August 14 news, CryptoQuant analyst Yonseident stated that the NUPL (Net Unrealized PNL) indicator shows that when the value is above 0, most coins are in a profitable state, which may trigger profit selling. Historically, the peaks of market cycles are usually accompanied by NUPL peaks. There was a peak in the market in 2017, two in 2021, and the current cycle may be forming a third peak. Unlike before, this round of market fluctuations is more stable, mainly influenced by the inflow of institutional funds such as U.S. ETFs. Although the market is more stable, the magnitude of each rise is decreasing, which means the bull market may last longer, but the likelihood of a rapid surge in the short term is relatively low.

BlockBeats news, on July 22, Ariah Klages-Mundt, co-founder of Gyroscope, pointed out that high volume ≠ high LP returns. Gyroscope's dynamic liquidity pool can achieve sustainable and higher native pool APR (Annual Percentage Rate) due to efficient capital utilization and smart pricing mechanisms. In contrast, some trading pools like Uniswap/Aerodrome, although they generate high volume through "spread", this kind of high trading annual percentage rate masks arbitrage losses and does not truly bring actual returns to LPs. As Dune data - Markouts PnL is a key indicator to measure LP's real returns, as shown in the ETH/USDC trading pair, the yield of Gyroscope's dynamic liquidity pool is far.