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Earlier in the day, Aptos shared a cryptic post on X, featuring the logo of Pump.Fun accompanied by the phrase ‘Aptos pilled’. Naturally, this has led to speculation of Pump.Fun potentially migrating to the Aptos blockchain, or at the very least, some kind of a collaboration between the two. While there’s no concrete evidence to confirm anything, it’s worth noting that platforms similar to Pump.Fun, such as Emojicoin, have already been developed on Aptos, indicating that the ecosystem supports such initiatives. Emojicoin enables users to create, trade, and swap emoji-tickered meme coins, adding a layer of creativity to the meme coin space. On the other hand, Pump.Fun is a popular platform that allows users to create and trade meme tokens, primarily operating on the Solana blockchain. It has already established itself as a popular choice, though it has seen better days as of late. Starting from mid-February toward today, the platform’s graduation rate (the percentage of tokens that progress from incubation to full tradeability on Solana decentralized exchanges) has fallen below a measly 1%. This points to a huge decrease in the success of newly launched memecoins on the platform. In addition, Pump.Fun’s revenue has been declining since it reached a four-month low. Today, the platform’s protocol fee revenue stood at just slightly below $800,000, which is a big decline compared to late January when it was over $15 million. This could indicate a waning interest in Solana-based meme coins or just meme coins in general. Technically speaking, there are some grounds on why Pump.Fun would utilize Aptos. For instance, multi-chain expansion is becoming more common, as projects seek to tap into different liquidity pools and communities. Furthermore, Solana is already filled with meme coin projects and on Aptos, the competition is much lower. So will this be one big nothingburger or is there some merit to the rumors of collaboration or even migration? Overall, it’s hard to say but considering Pump.Fun’s current state, it makes sense for something to happen. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

An unidentified whale on the Hyperliquid decentralized perpetual exchange has launched the crypto market into a new level of dynamism. This trader’s huge trading amounts and constant activity in leveraged positions have led crypto community members to try and figure out who this person is. One person guessing, even used a video clip from an action movie to joke that former Binance CEO Changpeng Zhao might be behind these massive trades on Hyperliquid. According to reports, the whale placed a massive $445 million leveraged short on BTC via Hyperliquid. Analysts think a trade this size can really push the market in a certain direction, especially when things are already shaky. Looking closer at the position, it showed that the whale would be forced out (liquidated) if BTC’s price went up to $86,000. Related: dYdX’s Loss is Hyperliquid’s Gain: DEX Market Share Shifts When they realized this, several crypto community members tried to pump up BTC’s price to force the whale to close its big short position. The whale staged a resistance by raising an additional $5 million in USDC, thwarting the coordinated effort to kick him out of the market. It’s worth noting that this whale wasn’t just focused on BTC, nor did he pursue only short trades. Reports show the whale also had a 5x leveraged long position on MELANIA, a meme coin connected to MKT World LLC, which is reportedly owned by Melania Trump. They also took a long position on Chainlink (LINK) worth $31 million with 10x leverage, according to Lookonchain. Besides these trades, Lookonchain’s report shows this whale has made almost $17 million on Hyperliquid in the last month. However, despite his wins, many analysts think the situation highlights some limitations of perpetual trading platforms like Hyperliquid, allowing users to trade massively leveraged positions. Related: Crypto Dip Saw Whales Accumulating: These 3 Altcoins Were Their Targets It highlights how a few people with a lot of money can really change how market situations play out. Many users worry this could be bad for the crypto market’s future. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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A crypto whale has just doubled down on their 40X short position, pushing their total $BTC short to a massive $517 MILLION! With a liquidation price of $85,565, this trade is walking a tightrope—one major BTC pump and it could all come crashing down! What Happens If BTC Pumps? If Bitcoin surges past $85,565, this whale's position will face a brutal liquidation, potentially triggering a monster short squeeze that could send BTC soaring even higher. The Big Question: Is this whale playing with fire, or do they have insight that the market will correct soon? Either way, high leverage positions like this add fuel to the volatility, and traders should stay alert. Will BTC break higher and cause a short squeeze? Or will the whale’s bet pay off with a market drop? Let’s see how this plays out!