Crypto's biggest liquidation event this week wasn't about crypto.
Tokenized Brent oil futures on Hyperliquid accounted for $46.6 million of the $403 million in total liquidations over the past 24 ho… [+1807 chars]

Brent crude futures on Hyperliquid recorded $46.6 million in liquidations, behind only ether and bitcoin. The single largest liquidation was a $17.17 million oil position.

CoinDesk

Oil trader takes $17 million hit as tokenized crude rivals bitcoin liquidations

The final week of March is shaping up to be a volatile one, with the FTX Recovery Trust set to distribute $2.2 billion to creditors on Tuesday and the key U.S. monthly nonfarm payrolls statistic due … [+4446 chars]

Your look at what's coming in the week starting March 30.

FTX payout, U.S. jobs: Crypto Week Ahead

Hyperliquid is decentralized, but geography still matters, as new research by Glassnode shows traders closer to its infrastructure have a clear speed advantage.
Trades from Tokyo-based users can rea… [+4605 chars]

Hyperliquid’s validators cluster in AWS Tokyo alongside Binance, BitMEX and KuCoin, giving nearby traders a latency advantage, Glassnode data shows

Hyperliquid traders in Tokyo get 200-millisecond edge, Glassnode research shows

Crypto market traders were whipsawed on both sides on Monday afternoon, with over $400 million in liquidations across long and short positions in the past 4 hours.
Bitcoin spiked from $67,500 to abo… [+2321 chars]

Bitcoin swung from $67,500 to $71,200 and back to $70,000 in a single session as Trump said he was postponing Iran strikes, then Iran denied any communication was taking place.

Bitcoin's wild roller coaster ride leaves leveraged traders with $415 million in liquidations

Crypto prices surged on Monday after U.S. President Donald Trump said the nation would postpone attacks against Iran's power plants for five days, easing concerns the conflict would escalate.
Trump … [+2251 chars]

Trump said that the two countries held "very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East."

Bitcoin surges above $71,000 as Trump postpones Iran strikes for 5 days

Bitcoin BTC
$70,464.04 is trading near $68,250, returning to a price range that dates back to early February after multiple failed attempts to convincingly surpass $75,000.
The most recent selloff … [+3688 chars]

BTC slipped back into February's range after Donald Trump threatened to attack Iran's power plants, sparking a selloff and shifting flows toward commodities.

Bitcoin retreats to $68,000, leaving CME gap as traders eye $70,000 rebound

Leveraged traders on decentralized exchange Hyperliquid are favoring traditional commodities like oil and silver, trading them more aggressively than crypto tokens such as XRP (XRP) and solana (SOL).… [+2378 chars]

Traders on decentralized exchange Hyperliquid are increasingly favoring perpetual futures tied to commodities.

Oil, silver trading is way more popular than XRP, solana on Hyperliquid

Grayscale has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund for the HYPE token, amid the surging popularity of decentralized exchange Hyperliquid. … [+2422 chars]

The Hyperliquid network has seen significant growth, with weekly derivatives trading volume exceeding $50 billion and 24-hour fee revenue of $1.6 million.