A trader attempting to sway the $FARTCOIN market was liquidated after building a 145.24M long position, according to Lookonchain. The exposure was split across four wallets, pointing to coordinated activity. The bet was placed during a rapid 27% spike in price, but the move quickly unraveled into a sharp selloff. The whale was wiped out within three hours, with total losses reaching $3.02M. The reversal boosted short sellers. Wallets 0x06ce and 0x4196 were forced to adjust positions and booked roughly $849K in combined profits.

ME News reported that on April 9 (UTC+8), Nasdaq-listed Brag House Holdings said shareholders approved its proposed merger with House of Doge, the official entity of the Dogecoin Foundation, with more than 98% of votes cast in favor. The companies plan to build a public-market platform spanning sports, digital finance and blockchain infrastructure, combining Brag House's collegiate sports and media assets. House of Doge is expected to use the transaction to access public capital markets and list on Nasdaq. House of Doge has previously partnered with 21Shares to launch Europe's first Dogecoin ETP and has worked with CleanCore and Robinhood on treasury and custody services. (Source: PANews)

The Ethereum Foundation has sold 3,750 ETH—valued at about $8.3 million—after moving 5,000 ETH into stablecoins, with proceeds earmarked for research and development, ecosystem grants, and donations. The decision is drawing attention across the crypto market given the foundation's central role in backing Ethereum's long-term progress, from core technical work to community and public-goods programs. By converting part of its ETH holdings into stablecoins, the foundation is positioning its treasury for steadier budgeting and greater flexibility rather than staying fully exposed to short-term price swings. For major crypto organizations, the transaction highlights a familiar challenge: continuing to finance builders and initiatives while managing volatility. Stablecoin reserves can make spending plans more predictable—an important factor for research teams, developers, and nonprofit efforts that rely on clear funding timelines. Some market participants often interpret token sales as bearish, but the foundation's stated rationale ties the move to operating needs rather than capitulation. The funding is intended to support development and ecosystem growth, underscoring how foundations balance mission priorities with treasury strategy as large on-chain transactions remain under close scrutiny. Cointelegraph reported the update on April 9, 2026.

Huo Xing Finance reported that Hyperinsight data shows a whale wallet beginning with 0x9fa opened a 10x leveraged long on ETH over the past two hours, building a position worth about $4.35 million. The entry averaged $2,179, with an estimated liquidation price of $2,001. Within the following hour, the same address placed a limit sell order around $4.45 million at $2,220, aiming to exit the entire position at that level. Address: 0x9fab7b23022ce49b4ee91100dbe33db842754f98

Data compiled by SoSoValue and cited by ChainCatcher showed that Ethereum spot ETFs recorded a total net outflow of $18.63 million on April 8 (U.S. Eastern Time). BlackRock's Staked ETH ETF (ETHB) led daily inflows, adding $44.23 million. ETHB's cumulative net inflows have reached $356 million. 21Shares' TETH ranked second with a $1.98 million daily net inflow, bringing its cumulative net inflows to $25.50 million. Fidelity's FETH posted the largest single-day net outflow, with $32.43 million redeemed. FETH's cumulative net inflows stand at $22.51 billion. As of the latest update, total net asset value across Ethereum spot ETFs was $12.558 billion. The ETF net asset ratio—ETF market value as a share of Ethereum's total market capitalization—was 4.71%. Cumulative net inflows across the category have reached $11.518 billion.

Onchain security firm PeckShield (@PeckShieldAlert) said an attacker opened a $15 million $Fartcoin long on Hyperliquid using four wallets, accumulating 145.24 million tokens in total. The position was then intentionally pushed into a "suicidal" liquidation amid thin liquidity, triggering the platform's AutoDeleveraging (ADL) mechanism. As ADL kicked in, the HLP liquidity pool was forced to take on toxic inventory and associated bad debt, leading to an estimated paper loss of about $3 million. PeckShield added that HLP has fallen by roughly $1.5 million over the past 24 hours. PeckShield noted the attacker likely set up cross-market hedges in advance, meaning the net profit could be materially higher than the visible paper loss.

The Ethereum Foundation has sold an additional 3,750 ETH valued at $8.3 million, according to lookonchain. The tokens were sold at an average price of $2,214 per ETH. The transaction continues a recent wave of ETH liquidations. The foundation still has 1,250 ETH remaining to sell.

Ethereum spot exchange-traded funds (ETFs) logged a combined net outflow of $18.63 million on April 8 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily. BlackRock's Staked ETH ETF (ETHB) topped daily inflows, adding $44.23 million and lifting its cumulative net inflows to $356 million. The 21Shares ETF TETH followed with $1.98 million in net inflows, bringing its historical total to $25.5027 million. Fidelity's FETH posted the largest daily outflow, with $32.43 million redeemed; its cumulative net inflows stand at $2.251 billion. As of publication, Ethereum spot ETFs held $12.558 billion in total net asset value. The ETF net asset ratio was 4.71% of Ethereum's total market capitalization, while cumulative net inflows since launch reached $11.518 billion.

ME News reported that on April 9 (UTC+8), Lookonchain data showed a single address attempting to build a FARTCOIN long position through multiple wallets. The wallets accumulated a combined 145.24 million tokens before the position was liquidated, resulting in an estimated loss of about $3.02 million. Some short positions benefited from the exchange's Automatic Deleveraging (ADL) mechanism, with addresses 0x06ce and 0x4196 booking roughly $849,000 in total gains. (Source: ODAILY)