Pump.fun also led Hyperliquid in seven-day revenue through Oct. 4, 2026. Two large PUMP token movements were recorded separately.
Pump.fun's revenue momentum is gaining support from rising trading activity and fresh whale accumulation, strengthening the case for sustained growth.
Grayscale's HYPG led weekly inflows with $8.3355 million, while Bitwise's BHYP recorded $5.0295 million in outflows.
A wallet held a short position of about 78,000 Ether worth roughly $213 million as of 08:19 on Oct. 5.
The wallet reduced long positions in MU, INTC and DRAM by about the same amount and holds nearly $50 million across the four assets.
The two largest payers spent 63,200 HYPE, worth $4.4 million, or 81.6% of the total. The top five accounted for 99.8%.
The closed position covered 7,456.49 ETH at an average price of $2,705.17. The address retained a separate 3,155.41 ETH short valued at about $8.54 million.
Hyperliquid's most profitable traders are leaning bearish, creating a notable divergence between the platform's biggest winners and smaller wallet cohorts.
Hyperliquid's buyback mechanism is moving toward execution, while a large HYPE holder adds a potential source of sell-side pressure.
The 15,182.44 ETH short showed about $50,000 in unrealized profit when Ether was priced at $2,694.50.
The record share is measured by open-interest size across global perpetual futures markets, including centralized exchanges such as Binance, Bybit and OKX.
Hyperliquid has received its first USDC reserve income payment of $14.58 million. The figure implies roughly $193 million in annualized reserve income.