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The total locked-in value of Benqi, a lending protocol in the Avalanche ecosystem, has surged past $520 million, with a more than 50% increase in the past 7 days.

According to DefiLlama data reported by BlockBeats on December 11th, the total value locked (TVL) of the Benqi lending protocol in the Avalanche ecosystem has surged past $520 million, with a 7-day increase of over 50%, reaching a new high since 2023.

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On-Chain Activity

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How Are the Long and Short Whales Positioned After HYPE's Surge? The Largest Short Seller Remains in a Position Over $50 Million After Stopping Losses of Nearly $1 Million

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A certain whale opened a long position worth $14.3 million in Google, with an average entry price of $283.01.

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A certain whale increased their short position in GOOGL by as much as $8.63 million, bringing the total position to approximately $11.22 million.

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Analysis: Of the 3.75 million HYPE tokens sold over the counter last month, approximately 625,000 were linked to Trade.xyz.

24H Important News

2026-10-30

The current probability of a 25 basis point rate hike in December is 79.6%, while the probability of keeping interest rates unchanged is 20.4%.

HYPE continues to surge, breaking through $97, just $1 away from a new all-time high.

Strategy's perpetual preferred stock STRC rose to $99.95.

Alphabet's quarterly report filing discloses AI risk exposure exceeding $1 trillion, with cloud unfulfilled contracts growing over one-third from joint ventures.

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