April 4th Market Key Intelligence, How Much Did You Miss?

By: blockbeats|2025/04/04 19:00:03

Top News

1. Justin Sun: FDT's Net Assets Turn Negative by 100 Million HKD by the End of 2024, Massive Embezzlement of User Assets Results in Huge Loss

2. Multiple Institutional Addresses Deposit Large Amounts of ETH to CEX in the Past 24 Hours, Total Value Exceeds 1.17 Billion USD

3. Today Several Whales Unlock and Sell SOL, Total Value Exceeds 46.3 Million USD

4. FIL Temporarily Rises 28% Following Upbit Listing, Then Retraces

5. Analyst: Regardless of Tonight's Non-Farm Payrolls Data, the Crypto Market Could See a Rebound

Featured Articles

1. "How did the TreasureDAO, aiming to become the Web3 Nintendo, end up in failure?"

From the grand ambition of becoming the "Web3 Nintendo" to the difficult decision to terminate game development and pivot to AI, TreasureDAO has experienced a dramatic turn of events from glory to desolation over three years. Initially rising rapidly with the inspiration of Loot and the $MAGIC token, Smol Brains and Bridgeworld once drove Arbitrum NFT trading volume to soar, with $MAGIC reaching a peak of $6 in early 2022. However, price crashes, unfinished games, and high operating costs have left them financially strained, with the treasury now holding funds for only a few months. Faced with the survival pressure, TreasureDAO has laid off employees, cut expenses, and abandoned game releases, attempting to turn the tide through AI and a streamlined strategy, but the dream of being the "Web3 Nintendo" has now evaporated.

2.《JELLY Exposes HLP Risk Vulnerability, How Did Hyperliquid Strike Back?》

The article analyzed the event where the surge in JELLY price led to the liquidation of a $4 million short position, revealing a design flaw in HLP's backstop that exposed platform risk. It introduced risk management optimizations such as the HLP liquidation fund, dynamic unclosed contract limits, and asset delisting. It also launched a multi-table dashboard to monitor unclosed contracts, liquidity, funding rates, and other metrics in real-time, helping validators identify manipulation risks and make decisions on asset delisting.

On-chain Data

On-chain Fund Flow for the Week of April 4th

April 4th Market Key Intelligence, How Much Did You Miss?

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.

Trump Extends Ceasefire: Bitcoin Hits $79K — What Crypto Traders Need to Know Right Now

Bitcoin surged past $79,000 after Trump extended the ceasefire indefinitely. We break down exactly what happened, how every major crypto reacted, and what traders should watch next — including the one level that could unlock an $85,000 BTC rally.