CRCL Surges Over 9% to Lead Trade.xyz Market, Whale Who Laid Low with Over 3.28 Million Long Orders over the Weekend Nets 84% Profit

BlockBeats News, July 21st, according to Hyperinsight monitoring, the price of CRCL on Hyperliquid is currently $66.14, representing a 9.15% increase from yesterday, marking the largest gain in the Trade.xyz traditional market. The daily trading volume is approximately $48.25 million.

A whale with an address starting with 0x352 had been continuously longing CRCL from the evening of July 16th to the evening of the 19th, buying a total of 53,700 tokens, becoming the largest profit-making long whale in this market movement. The whale currently holds a CRCL long position worth around $3.554 million with 10x leverage, an average entry price of $61.016, floating profit of about $275,000, a return rate of approximately 84%, a liquidation price of $51.05, and no CRCL orders on the order book.

Currently, the same address is bottom fishing SPCX during the same period, with an average price of $127. The current loss is $680,000, and the position size is $11.67 million.

All previous transactions completed by this address have revolved around the HIP-4 ecosystem 26-year World Cup prediction. The World Cup champion market has accumulated profits of approximately $37,000, with the main gains coming from predicting the champions of Argentina and Spain.

On the news front, Trump has agreed to the ethical provisions in the "CLARITY Act," clearing a key obstacle for the crypto legislation to enter the Senate vote. Circle previously obtained OCC final approval on July 10th to establish a national trust bank; BNY and Silvergate Bank have recently expanded USDC custody, minting, and redemption services.