News

PANews, February 16th – According to Jinse Finance, Bank of America believes that the US dollar is currently still in an unstable state. Although there is widespread attention on some regions and countries around the world reducing their reliance on dollar-denominated assets, more attention should be paid to the situation in Europe. Bank of America points out that, in terms of a new round of structural sell-off of the dollar, the focus should be on Europe, as the region's holdings are mainly concentrated in equities and the hedge ratio is relatively low. Currently, equity fund flows do not show signs of large-scale withdrawal, but over time, incremental funds seem more likely to flow into non-US markets, while also facing the risk of higher hedge ratios.

BlockBeats News, February 16th, according to Coinbob Popular Address Monitoring, "Hyperliquid Early Contributor Loracle" established a PAXG (Gold on the Chain) long position before February 4th. Following today's spot gold price per ounce dropping below $5000, the position has changed from profit to loss. The current average holding price is $5047, with a position size of approximately $7.86 million, facing an unrealized loss of $60,000 (-3.8%). In addition to PAXG, the address also holds a significant position in HYPE, planning to buy about 20,000 HYPE near $28 with a limit order to slightly increase its long position. Furthermore, it has been consistently adding to its ZEC long position recently, with the current holding size reaching $8.5 million. Currently, Loracle is the largest long position holder in HYPE, PAXG, and ZEC on the Hyperliquid platform, with a total account holding size of $63.2 million and an overall unrealized profit of $6.7 million. Loracle (X: loraclexyz), originally named Laurent Zeimes, is known for being active in the Hyperliquid ecosystem as an early contributor and the founder of Hypurrfun. Recently, Loracle has been active in the Hyperliquid contract market.

BlockBeats News, February 16th, according to Coinglass data, the top net outflows of funds in the past 24 hours for crypto spot are as follows: BTC net outflow of $361 million; ETH net outflow of $302 million; XRP net outflow of $140 million; SOL net outflow of $73.36 million; DOGE net outflow of $36.17 million. The top net inflows of funds for crypto spot are as follows: TAO net inflow of $3.5 million; ZEC net inflow of $2.37 million; HOME net inflow of $0.98 million; OG net inflow of $0.87 million; STO net inflow of $0.75 million.