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ORDI continued to decline and fell below $42, with a drop of 34% in the past 8 hours.

According to BlockBeats news on December 6th, OKX market data shows that ORDI has continued to decline, falling below $42 and currently trading at $41.86. In the past 8 hours, the decline has reached 34%, and the 24-hour decline is 15.4%.

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On-Chain Activity

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"8.19" Ambush Long Position Profits Tens of Millions of Dollars, Smart Money Opens 4x Short Position on Bitcoin

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Macro traders shorted the Nasdaq ahead of CPI, with positions reaching $31.7 million.

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Hyperliquid's protocol revenue over the past 30 days was approximately $59.84 million, with 775,400 HYPE tokens burned during the same period.

2h ago

HYPE spot ETFs turn to net outflows, with a total of $18.25 million withdrawn over two days

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