News

BlockBeats News, April 25th, according to on-chain analyst Specter, the token TRADOOR is suspected of being highly manipulated and involved in wash trading. Market data shows that since March 2026, TRADOOR's price once surged as much as 900%, but at 2 a.m. today, its price plummeted 90% within just 30 minutes. Specter pointed out that the team's main wallet controls 70.12% of the supply, and had distributed 17.93 million TRADOOR tokens to more than ten related addresses. Between September 19th and 21st, 2025, some of these addresses carried out obvious wash trading operations. Since November 2025, several wallets associated with the team have deposited to Bitget. Therefore, the 11% supply held on the Bitget platform may actually be controlled by the Tradoor team or its affiliates.

ChainCatcher reports, according to Coinglass data, whales on the Hyperliquid platform currently hold positions totaling 3.525 billion USD, with long positions at 1.787 billion USD, accounting for 50.69% of holdings, and short positions at 1.738 billion USD, accounting for 49.31%. The profit and loss for longs is -10.2708 million USD, while the profit and loss for shorts is -19.8254 million USD. Among them, whale address 0x0ddf..02 is holding a 3x full-leverage short on BTC at the price of 67,992.1 USD, with an unrealized profit and loss of -9.5319 million USD.

According to SolanaFloor, Drift's Head of Product Minhdonz stated in the official Discord that Drift has updated its restart timeline and plans to relaunch the forked exchange in May or June this year. Previously, Drift suffered a hack worth approximately $285 million, which was reportedly linked to a social engineering attack by a North Korean hacker group.