April 4th Market Key Intelligence, How Much Did You Miss?

律动BlockBeats

Read this article in 4 Minutes

1. On-chain Fund Flows: Today, $67.7M flowed into Arbitrum; $45.1M flowed out of Berachain. 2. Largest Price Swings: $RARE, $PI 3. Top News: In the last 24 hours, multiple whale addresses deposited large amounts of ETH into CEX, totaling over $117 million.

Top News

1. Justin Sun: FDT's Net Worth at the End of 2024 Negative 100 Million Hong Kong Dollars, Massive Embezzlement of User Assets Resulted in Huge Loss

2. Multiple Institutional Addresses Deposit Large Amounts of ETH to CEX in the Past 24 Hours, Total Value Exceeds 1.17 Billion US Dollars

3. Today Several Whales Unlock and Sell SOL, Total Value Exceeds 46.3 Million US Dollars

4. Boosted by Upbit Listing, FIL Temporarily Rises 28% Before Retracing

5. Analyst: Regardless of Tonight's NFP Data, Crypto Market Could See a Rebound

Featured Articles

1. "How Did the TreasureDAO, Aiming to Be the Web3 Nintendo, Lead to Failure?"

From the grand vision of being the "Web3 Nintendo" to the tough decision of terminating game development in favor of AI, TreasureDAO experienced a dramatic turnaround from glory to downfall over three years. Initially riding on the inspiration of Loot to build an NFT ecosystem and the $MAGIC token, Smol Brains and Bridgeworld had once driven the surge in Arbitrum NFT trading volume, with $MAGIC reaching a peak of $6 in early 2022. However, price collapse, unfinished game development, and high operational costs left them in a precarious financial state, with the treasury now holding funds only sufficient for a few months. Under survival pressure, TreasureDAO laid off employees, cut expenses, and abandoned game releases, attempting a comeback through AI and streamlined strategies. However, the dream of being the "Web3 Nintendo" has now turned into a mirage.

2.《JELLY Exposes HLP Risk Vulnerability, How Did Hyperliquid Fight Back?》

The article analyzed the event where the soaring price of JELLY led to the liquidation of a $4 million short position, revealing the platform risk exposed by HLP's shield design flaw. It introduced risk management optimizations such as the HLP liquidation treasury, dynamic open interest cap, and asset delisting. Additionally, it launched a multi-table dashboard to monitor real-time open interest, liquidity, funding rates, and other metrics to help validators identify manipulation risks and make asset delisting decisions.