Hyperliquid has received its first 30-day USDC reserve revenue of $14.58 million under AQAv2. This revenue will be used to fund HYPE buybacks, with approximately 90% of reserve revenue shared with the protocol allocated to HYPE buybacks.

In the past 24 hours, a total of $129.17 million in leveraged positions were liquidated in the cryptocurrency market, with short positions accounting for 78.63%. Bitcoin recorded the largest liquidation volume at $72.57 million.

Pump.fun (PUMP), a meme coin issuance platform based on Solana, has recorded revenue of $55.5 million in the last 30 days, surpassing Hyperliquid (HYPE). Pump.fun also had higher revenue over the past 7 days, and its daily trading volume has increased more than eightfold compared to July.

Bitcoin approached its 8-month high of $87,000 but gave back its gains, falling back to the $86,000 level. Dogecoin rose more than 3%, and altcoins generally showed slight gains. The market is watching to see if Bitcoin can close the daily candle above $87,000.

Machi Big Brother (@machibigbrother) has recorded a cumulative profit of $2.14 million with 12 consecutive profitable trades. Currently holding various cryptocurrencies including Ethereum, Bitcoin, Hyperliquid, and Pump.fun, the total estimated value reaches $150.95 million.

Huang Licheng, also known as "Machi Big Brother," has achieved 12 consecutive profitable PUMP trades in the past week, accumulating $2.14 million in profits. His current holdings include ETH, BTC, HYPE, and PUMP.

The Hyperliquid spot ETF recorded a net inflow of $3.306 million in the week from September 28 to October 2. While Grayscale's HYPG saw a net inflow of $8.33 million, Bitwise's BHYP experienced a net outflow of $5.02 million, indicating mixed fund flows across products.

Hyperliquid recently purchased and burned 112,580 HYPE tokens in the last 24 hours, valued at approximately $10.15 million. This brings the total cumulative burned amount to 49.25 million tokens, permanently removing them from the token supply.

Hyperliquid has bought and burned 112,580 HYPE tokens in 24 hours, valued at $10.15 million. This burn, potentially funded by AQAv2 revenue, brings the total removed from circulation to 49.25 million HYPE.

Hyperliquid has bought and burned 112,580 HYPE tokens, valued at approximately $10.15 million, within a 24-hour period. This brings the cumulative burned amount to 49.25 million tokens, totaling approximately $4.45 billion.

Decentralized futures exchange Hyperliquid has bought back and burned 112,580 HYPE tokens, valued at approximately $10.15 million, within a 24-hour period. The average burn price was $90.20, resulting in a total of 49.25 million HYPE tokens permanently removed from circulation.

A whale wallet purchased 1.38 million HYPE tokens with 5x leverage, recording unrealized gains of $71.13 million (approximately 95.6 billion KRW). This is drawing attention as a case of a single whale's large-scale investment and profit realization.

SmartestMoney holds a significant long position on HYPE on Hyperliquid, valued at 1.38 million HYPE with 5x leverage. The position has generated substantial unrealized profits of $71.13 million, despite high funding fees.

Today, October 5th, the US September Services Purchasing Managers' Index (PMI) and the ISM Services PMI will be released. In the crypto space, Hyperliquid (HYPE) will hold a Singapore meetup, and Nillion (NIL) is scheduled to launch its mainnet.

Key economic events for October 5th include the release of U.S. September Services PMI and ISM Non-Manufacturing Index, alongside South Korea's September foreign exchange reserves. Cryptocurrency events include a Hyperliquid meetup and the Nillion mainnet launch.

Over the past 24 hours, leveraged positions worth $35.23 million have been liquidated in the cryptocurrency market. Short positions accounted for $29.51 million, significantly outweighing long positions by 5.2 times. Ethereum saw the largest liquidation volume at $13.13 million.

Hyperliquid, Ethena, Babylon, and Movement are set to unlock significant portions of their circulating supply in October. These unlocks range from 1.69% to 4.60% and are scheduled between October 5th and 10th.

Hyperliquid has collected $5.3 million in read priority fees from only 25 users. The top two users alone paid $4.4 million, representing 81.6% of the total, highlighting extreme concentration in fee payments.

Over the past 24 hours, a total of $28.48 million in leveraged positions have been liquidated in the cryptocurrency market, with short positions accounting for 73.87%. Ethereum recorded the largest liquidation volume at $7.51 million.

Hyperliquid's spending on priority fees has reached $5.3 million, with the top 25 users bearing this cost. Notably, the top two users accounted for 81.6% of the total expenditure, highlighting the competition for prioritized data access.