08:43
Gate on-chain observation ( August 27, ): HYPE, WLFI and other ecological funds see a surge in heat, ETH funds accelerate accumulation.
In the past 24 hours, funds in the crypto market have been highly active on-chain, with ancient BTC whales continuously cashing out their chips and leaning towards ETH, significantly increasing the risk of leveraged positions; XPL was jointly targeted by whales on the Hyperliquid platform, leading to rapid deleveraging in the market; HYPE, WLFI, and other ecological funds performed outstandingly, with institutional strategies focused on arbitrage and liquidity positioning. Overall, market sentiment remains cautious, and the liquidity concentration of top assets has further increased.