On-chain Moves Highlight Growth in TST Long Positions
The post On-chain Moves Highlight Growth in TST Long Positions appeared on BitcoinEthereumNews.com.
Key Points: Three addresses deposited 2.47 million USDC into Hyperliquid for $1.69 million TST longs. Accounts for 42.3% of Hyperliquid’s total TST open interest. Address 0x48c…bc9d0 previously gained $31,000 from TST long. On December 24, 2025, three addresses deposited $2.47 million USDC into Hyperliquid, opening $1.69 million TST long positions, comprising 42.3% of total TST open interest. This activity suggests potential market influence by a single entity, indicating liquidity risks and possible price shifts in TST due to concentrated open interest. USDC Deposits Create Dominant TST Open Interest On-chain analyst Ai Auntie reported that three addresses deposited 2.47 million USDC into Hyperliquid to initiate $1.69 million in TST long positions. This accounts for 42.3% of the platform’s total TST open interest, positioning these addresses as leading holders. Ai Auntie stated, “Monitored three addresses depositing 2.47 million USDC into Hyperliquid to open $1.69 million TST long positions, comprising 42.3% of total TST open interest.” The coordinated actions—including transferring BTCB from Gate, depositing into Aster, and withdrawing USDT—suggest a single entity behind these addresses. The ongoing consolidation may foresee potential upward price movements for TST, driven by concentrated holdings. Market observers like Lookonchain have flagged this activity as possible manipulation. With no official statements from relevant projects or exchanges, community sentiment remains wary, but speculative interest in TST persists. Traders are monitoring TST’s support and resistance levels closely. TST Trading Dynamics Amid Strategic USDC Transactions Did you know? In early December, the address 0x48c…bc9d0 involved in the current deposits also netted $31,000 profit from a TST long, indicating a pattern of successful trades. TST, trading at $0.02, reports a market cap of $17.29 million and a 24-hour trading volume of $33.19 million. Recent price adjustments exhibit a 4.04% increase over 24 hours, signifying heightened trading activity. Despite a broad 90-day decline of…
Filed under: News - @ December 24, 2025 9:20 pm