August 27 Key Market Insights, How Much Did You Miss?

律动BlockBeats

2025-08-27 19:03

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1. On-chain Flows: $27.3M Flows into Ethereum; $30.5M Flows out of Polygon PoS 2. Largest Price Swings: $NMR, $FLOCK 3. Top News: XPL on Hyperliquid Surges Again, Reaching $1

Editor's Picks

1. Hyperliquid Surges on XPL Again, Reaching $1

2. HYPE Soars by 11.77% in 24 Hours, Hits New All-Time High

3. Metaplanet Plans to Raise $8.81 Billion to Accumulate Bitcoin in September and October

4. SOL Breaks $200, Up by 4.81% in 24 Hours

5. Upbit Trading Volume Continues to Decline: ETH, XRP, BTC Lead in Trading Volume

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

[HYPERLIQUID]

Today, discussions around Hyperliquid mainly focused on a large-scale trading event allegedly involving Justin Sun. Reportedly, he manipulated the $XPL market on Hyperliquid, making a $16 million profit in one minute, leading to a massive liquidation cascade. This event sparked intense debates on market manipulation and platform fairness. Meanwhile, Hyperliquid's trading volume has surpassed Robinhood and is poised to capture a significant share of blockchain revenue, becoming a hot topic of discussion. The launch of new financial products and collaborations such as BitGo custody and dnTokens further highlights Hyperliquid's influence in the crypto space.

[0G]

Today, discussions about 0G mainly centered around 0G Labs debuting on KaitoAI Earn and the announcement of the Kaito Rewards Program. The program aims to reward long-term community members and attract new participants, with 85% of rewards allocated to active community members in the past six months and 15% distributed to the top 888 participants from August 26 to September 5. The community is excited about 0G's potential in decentralized AI, with many expressing optimism about its future development and partnerships.

[CRO]

Today, CRO has become the top gainer in cryptocurrency discussions, thanks to a major announcement by the Trump Media Group. The group has partnered with Crypto.com and Yorkville to launch a $6.42 billion CRO treasury, making it the largest CRO holder globally. This strategic move will integrate CRO into Truth Social's platform token, significantly boosting its market position. Following the announcement, CRO's price surged rapidly, with social media buzz skyrocketing as many see it as a bullish signal.

Featured Articles

1. "Lighter's ETH and HL's XPL Experience Flash Loan Attacks, How to Avoid Whale Manipulation and Liquidation?"

For the same token, each trading platform has different depth, different candlestick trends, and different liquidation mechanisms, resulting in completely different position outcomes. Today's examples from two perp DEXs are great teaching materials: at the same time, with Binance's pre-market contract prices showing no equivalent fluctuation, the price of XPL on Hyperliquid was quickly pumped to nearly +200%; and the price of ETH on Lighter was spiked to $5100.

2. "XPL Surges Nearly 200% in Five Minutes, Who Orchestrated This Extreme Event on Hyperliquid?"

According to Hyperliquid's market data, XPL's price started a rapid ascent from around $0.6 at 5:50 AM Beijing time on August 27, soaring to a peak of $1.8 in just a few minutes, with a nearly 200% surge. However, this frenzy did not last long—the price reverted to its original state within minutes after hitting the high point and is now fluctuating around $0.061. Of note, during the same time, on centralized exchanges like Binance and Bitget that listed XPL's pre-market contracts, XPL's price did not show significant swings. This difference has raised community concerns about price manipulation.