A whale wallet linked to Matrixport has closed an additional 89,001 ETH long position valued at $212.8 million, locking in $24.86 million in profit. The address still maintains a 25,000 ETH long worth about $58.5 million, with roughly $8.2 million in unrealized gains.

Circle (@circle) has minted another 750 million USDC in the last three hours.

Bitmine Immersion Technologies said it held 4,874,858 ETH as of April 12, equivalent to 4.04% of Ethereum's 120.7 million circulating supply. Using an ETH price of $2,206, the company valued its Ethereum position at about $10.7 billion. Bitmine also reported total holdings of $11.8 billion across crypto, cash and equity positions, including $719 million in cash and 198 BTC. The disclosure followed its recent uplisting from NYSE American to the New York Stock Exchange. The company said it is roughly 80% of the way to its stated goal of acquiring 5% of Ethereum's total supply. Chairman Tom Lee said Bitmine added 71,524 ETH over the past week, calling it the fastest weekly accumulation since the week of Dec. 22, 2025. The firm has built the treasury over roughly nine months and said it remains the largest corporate Ethereum treasury, ranking behind only Strategy among listed companies with sizable crypto reserves. Bitmine added that 3,334,637 ETH—about 68% of its holdings—is staked. At the reported price, that staked portion is valued at roughly $7.4 billion. Based on a 2.89% seven-day staking yield, the company estimated annualized staking revenue at $212 million, rising to $310 million if its full ETH treasury were staked. Bitmine linked the expansion plan to MAVAN, its Made in America Validator Network, an institutional staking platform designed initially to support the firm's internal treasury and potentially serve custodians, institutions and ecosystem partners. ETH rallied more than 6% on Monday to reclaim $2,300 as Bitmine released its update. The market held above the earlier $2,100 support area, with resistance near $2,400. Technical commentary cited a broader down-channel on the daily chart, with the 100-day moving average near $2,400 and the 200-day moving average around $2,900 above spot, while RSI readings improved from February lows. On the four-hour chart, traders highlighted support near $2,200 and a potential shift in short-term momentum on a break above $2,400. Market data cited a lower exchange-held ETH supply, with the exchange supply ratio at 0.126, a multiyear low. Analysts often associate falling exchange balances with tighter spot supply. Bitmine's continued accumulation reinforces that supply narrative as the company edges closer to its 5% target.

Hyperliquid's native token HYPE rose 4.61% in the past 24 hours to $44.38 on April 14, 2026, as traders reacted to fresh U.S. spot ETF momentum and renewed whale accumulation. The token traded between $41.86 and $45.20, with 24-hour volume around $453.87 million. HYPE's market capitalization stands at $11.37 billion, based on a circulating supply of 255.75 million tokens out of a 956 million total supply. Fully diluted valuation is about $43.34 billion. Despite the move, HYPE remains below its all-time high of $59.39 set on September 18, 2025. ETF developments are increasingly viewed as the key near-term catalyst. Bitwise amended its filing for the BHYP ETF, proposing a 0.67% fee and naming Wintermute and Flowdesk as trading partners. The updated documents also outline a potential staking component, with roughly 85% of rewards potentially passed through to ETF holders. Grayscale has filed an S-1 for its GHYP ETF, and 21Shares has submitted its own S-1 for a Hyperliquid ETF. A European HYPE ETP is already trading, adding another layer of legitimacy for institutional access. On the demand side, large buyers have re-entered the market. BitMEX cofounder Arthur Hayes bought an additional 26,022 HYPE worth about $1.1 million, his first major purchase in nearly three months. Protocol fundamentals remain a support point for sentiment. Strong onchain activity—including HIP 3 commodity perpetuals—continues to contribute to protocol revenue and reinforces token utility. Looking ahead, priority fee burns could increase deflationary pressure during high-volume periods by permanently removing HYPE from circulation. Hyperliquid's HIP4 mainnet rollout is expected in mid-2026, with plans to introduce outcome contracts and prediction markets that broaden the product set beyond perpetuals into event-based trading and short-term binaries. Token unlocks scheduled for April 2026 could add short-term supply, though ongoing daily buybacks and sustained revenue are expected to help absorb new issuance. A U.S. spot ETF approval would open regulated institutional distribution channels and could bring new inflows alongside staking-linked rewards. Hayes has suggested a potential $150 target by August 2026 if annualized revenue scales further through new markets and ecosystem expansion. Over the longer term, Hyperliquid's position in decentralized perpetuals and deeper ties to traditional finance—including commodity-linked markets—could support continued growth as onchain derivatives mature. Disclaimer: This material is for informational and educational purposes only and does not constitute financial advice. The publisher is not responsible for losses arising from the use of referenced content, products, or services. Readers should exercise caution before taking any action related to the company.

USDC Treasury transferred 150,000,000 USDC, worth USD 149,936,950, to Coinbase.

Ethereum ($ETH) has climbed to the No. 1 spot on CoinMarketCap's trending assets list following a fresh rally. The token pushed above the $2,300 level and is up more than 5% over the past 24 hours. Bitcoin ($BTC) ranks fifth on the list.

Glassnode said Relative Unrealized Loss—calculated as a share of market capitalization—captures the aggregate unrealized losses borne by current holders, offering a gauge of how far investors are sitting on underwater positions. As of April 14 (UTC+8), SOL's reading is 54.8%, compared with 11.9% for BTC and 16.6% for ETH. Glassnode noted that elevated unrealized losses across altcoins point to a heavy concentration of supply bought near cycle highs, leaving many positions anchored around market tops. (Source: Foresight News)

The Ethereum Foundation said on X on April 14 (UTC+8) that it has launched the "Ethereum Audit Subsidy Program", teaming up with a range of audit and infrastructure groups to subsidize security audit expenses and strengthen ecosystem-wide security. Led by the Foundation's Trillion Dollar Security Initiative, the program will assess and review applications from eligible projects, with implementation support from partners including Nethermind, Chainlink Labs and Areta. The Foundation said security audits are an industry best practice but often prohibitively expensive, and the new initiative is designed to lower the cost barrier and help more innovative applications and projects launch across the Ethereum ecosystem. (Source: ODAILY)