Anhreview Capital

Bước sang tuần thứ hai của tháng 9, vốn hóa thị trường altcoin vẫn chưa cho thấy một cú bứt phá rõ rệt, với chỉ số TOTAL3 (loại trừ Bitcoin và Ethereum) tiếp tục dao động quanh ngưỡng 1.000 tỷ USD.

Dù vậy, bản đồ thanh lý lại hé lộ kỳ vọng tăng giá mạnh mẽ từ giới giao dịch phái sinh ngắn hạn, khi họ đặt cược lớn vào kịch bản tăng giá trong tuần này. Nếu dự đoán không chính xác, làn sóng thanh lý có thể bùng nổ với quy mô đáng kể. Dưới đây là những altcoin đang nằm trong vùng rủi ro cao.

1. XRP

Bản đồ thanh lý trong 7 ngày qua cho thấy thị trường XRP đang chứng kiến sự chênh lệch rõ rệt giữa các vị thế Long và Short. Điều này đồng nghĩa, nếu giá giảm trong tuần này, phe Long sẽ phải gánh chịu thua lỗ nặng nề hơn.

Tâm lý lạc quan gần đây được củng cố bởi nhiều yếu tố. Đáng chú ý, Wetour – đối tác chương trình khách hàng thân thiết của Air China – vừa công bố kế hoạch chấp nhận thanh toán bằng XRP. Ngoài ra, đồng coin này cũng ghi nhận mức hồi phục 8% trong tháng 9. Dù con số chưa quá ấn tượng, nhưng đủ để xác nhận tín hiệu bứt phá đường xu hướng giảm, từ đó thắp lên kỳ vọng lợi nhuận ngắn hạn.

Tuy vậy, triển vọng tăng trưởng của XRP vẫn đối mặt với không ít trở ngại. Báo cáo mới từ Tạp chí Bitcoin chỉ ra ba rủi ro lớn: dự trữ XRP trên Binance tăng vọt lên mức kỷ lục, hoạt động trong hệ sinh thái XRPL suy yếu, và mức độ quan tâm trên Google Trends lao dốc mạnh.

Trong bối cảnh này, nếu giá đi ngược kỳ vọng, phe Long có thể đối mặt khoản thanh lý lên tới 467 triệu USD khi XRP giảm dưới 2,6 USD. Ở chiều ngược lại, nếu giá vươn lên mốc 3,2 USD, phe Short có thể phải hứng chịu khoản thiệt hại khoảng 148 triệu USD.

2. Dogecoin (DOGE)

Tương tự như XRP, bản đồ thanh lý của Dogecoin cũng ghi nhận sự mất cân đối rõ rệt, phản ánh tâm lý lạc quan của các trader ngắn hạn.

Hiện tại, dòng tiền từ phe bò đang đổ mạnh vào DOGE với kỳ vọng giá sẽ bứt phá trong tuần này. Tuy nhiên, mức độ sử dụng đòn bẩy cao khiến họ đối diện rủi ro lớn: nếu DOGE quay đầu giảm về ngưỡng 0,20 USD, khối lượng vị thế Long có thể bị “thổi bay” tới 354 triệu USD. Trái lại, nếu DOGE bật tăng lên 2,55 USD, tổng giá trị thanh lý ở phía Short chỉ dừng ở mức 80 triệu USD.

Niềm tin tăng giá một phần được thúc đẩy bởi kỳ vọng ETF DOGE đầu tiên có thể ra mắt ngay trong tháng 9, yếu tố được cho là sẽ thổi thêm lực đẩy cho giá. Song song đó, dữ liệu on-chain cũng hé lộ dòng vốn nhỏ lẻ đang bắt đầu nhập cuộc, dù vẫn còn khá khiêm tốn.

Dù vậy, thị trường altcoin vẫn phải đối mặt với thách thức từ các sự kiện vĩ mô lớn trong tuần này. Cụ thể, báo cáo PPI công bố ngày 10/9 và CPI ngày 11/9 thường là những “chất xúc tác” khiến Bitcoin và altcoin biến động mạnh trong ngắn hạn, đẩy phe bò vào thế mong manh.

3. Hyperliquid (HYPE)

Hyperliquid (HYPE) hiện duy trì mức giá trên 50 USD, áp sát đỉnh lịch sử (ATH) và được kỳ vọng có thể thiết lập kỷ lục mới ngay trong tuần này.

Trên mạng xã hội X, phần lớn các phân tích kỹ thuật về HYPE đều thiên về kịch bản tích cực. Đáng chú ý, kế hoạch ra mắt stablecoin gốc USDH trong tháng 9 đã thu hút sự quan tâm từ những cái tên lớn như Paxos và Frax Finance, càng củng cố niềm tin của nhiều trader vào triển vọng tăng giá.

Tuy nhiên, rủi ro vẫn hiện hữu. Nếu HYPE điều chỉnh về 42 USD, các vị thế Long có thể đối mặt với khoản thanh lý hơn 111 triệu USD. Ở chiều ngược lại, nếu giá bứt phá lên 56 USD, phe Short chỉ chịu thanh lý khoảng 19 triệu USD.

Thực tế, thị trường không phải lúc nào cũng quay lưng với phe bò – và lần này họ hoàn toàn có thể đúng. Song cần lưu ý rằng, mỗi khi một tiền điện tử vượt đỉnh cũ để lập ATH mới, áp lực chốt lời thường tăng vọt. Nếu không kịp bảo toàn lợi nhuận, các nhà đầu tư nắm giữ vị thế Long HYPE có thể chịu tổn thất nặng nề khi giá bất ngờ đảo chiều sau đỉnh.

Main Takeaways:

• Binance Labs has invested in Corn, the first super yield network built around Bitcoin.

• This investment underscores Binance Labs' dedication to championing early-stage innovation with meaningful and sustainable impact.

Binance Labs, the venture capital and incubation arm of Binance, has invested in Corn, the first super yield network built around Bitcoin. Corn is an Ethereum Layer 2 network focused on establishing a decentralized finance (DeFi) hub for Bitcoin. 

Corn has introduced BTCN, a hybrid tokenized Bitcoin that enhances Bitcoin's use in DeFi. BTCN incorporates multiple custodians, smart contracts, and bridging protocols, providing a more secure, scalable, and versatile solution. This hybrid approach ensures Bitcoin holders can manage their assets according to their risk preferences while utilizing them across various DeFi applications. 

All network-level yields are redirected to users and protocols. By staking CORN to receive popCORN, stakers control the distribution of two continuous yield streams: BTCN (from network transaction fees) and CORN (from native network emissions) to app users on the network. This helps foster a vibrant ecosystem so people can finally put their Bitcoin to work.

This investment marks Corn’s first fundraising round. With the new capital, Corn plans to expand its ecosystem by onboarding builders and projects, including establishing a dedicated incubator, hosting developer competitions. They are also working towards their mainnet launch.

“Binance Labs is committed to championing early-stage innovation that delivers meaningful and sustainable impact. We look forward to supporting Corn as they develop a utility-driven ecosystem centered around Bitcoin, enabling it to be more effectively and efficiently utilized in DeFi,” said Yi He, Co-Founder of Binance and Head of Binance Labs.

“We’re excited to have an industry leader like Binance Labs join our initial fundraising round and support our mission of making it easy for people to finally use their corn. Their investment further validates that the time is now to start unlocking Bitcoin and introduce a vibrant ecosystem with a ton of utility for BTC,” said Chris Spadafora, Founder of Corn. 

Main Takeaways:

• Binance Labs has invested in OpenEden, whose focus is in building the bridge to a new financial system through its real-world assets (“RWA”) tokenization platform.

• Binance Labs provides unwavering support to projects that are unlocking the next wave of value and opportunities in Web3 through meaningful and sustainable technologies. 

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (“RWA”) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a full-stack tokenization technology company. OpenEden’s tokenized U.S. T-Bill Fund (“TBILL”) is the first and only tokenized T-Bill product to receive an “A” rating from Moody’s, and is the largest of its kind outside the US. 

OpenEden’s mission is to bring trillions of dollars in real-world yields on-chain. They believe internet-native money will make RWAs accessible to everyone, creating a more inclusive and decentralized economy. Last month, OpenEden announced that they had achieved over $100 million in Total Value Locked (“TVL”) for their tokenized TBILLs.

By enabling KYC-ed investors, DAOs, and crypto treasury managers to connect their self-custodial wallets and mint TBILL tokens, OpenEden allows them to earn a yield on their idle working capital in stablecoins. The platform's in-house management of the entire tokenization stack results in greater operational efficiency and higher net yields for token holders. To date, OpenEden has on-boarded over 100 institutional clients.

With the new funding from Binance Labs, OpenEden plans to expand access to RWA-backed yields throughout the DeFi ecosystem. This will be achieved through the introduction of new products, the establishment of channel partnerships, and the exploration of emerging markets.

“Binance Labs provides unwavering support to projects that are unlocking the next wave of opportunities in Web3 through meaningful and sustainable technologies. We believe OpenEden is well-positioned to capitalize on the growing adoption of stablecoins and RWAs, and we are excited to join them on this journey,” said Andy Chang, Investment Director, Binance Labs.

“We are delighted to have the support of Binance Labs, a leader in the Web3 space, as we drive the growth of tokenized real-world assets. Their backing empowers us to accelerate our efforts in blending native yields with real-world yields, which will help stabilize returns in DeFi and create pathways for bringing institutional liquidity onto decentralized platforms,” said Jeremy Ng, Co-Founder of OpenEden.

As the demand for tokenized RWAs has surged, T-Bills have emerged as a preferred choice among issuers. According to blockchain analytics firm Messari, the total value locked in RWAs has grown exponentially over the past year, reaching $8 billion.

Main Takeaways:

• Binance Labs has invested in Hemi Labs, the creator of Hemi, a pioneering Layer-2 blockchain network that integrates Bitcoin and Ethereum for enhanced security and programmability.

• This investment underscores Binance Labs' commitment to supporting projects leveraging next generation decentralized technologies to push the boundaries of blockchain innovation.

Binance Labs has invested in Hemi Labs, the creator of the Hemi Network (“Hemi”). Hemi is a modular blockchain network designed for superior scaling, security, and interoperability, unifying Bitcoin and Ethereum as components of a novel supernetwork.

Hemi is focused on advancing the technical, economic, and social layers that reside between the industry’s two largest and most utilized protocols. By combining Bitcoin’s robust security and capital base with Ethereum’s flexibility and programmability, Hemi is addressing an underserved intersection of Web3, opening new avenues for builders and investors.

The new capital will accelerate Hemi's growth by advancing decentralized applications (hApps), improving Bitcoin interoperability with the Hemi Virtual Machine (hVM), and refining secure asset transfers between Bitcoin and Ethereum. It will also scale Hemi's decentralized sequencers and Proof-of-Proof (PoP) consensus for faster, more secure blockchain settlements.

The company is set to release major updates within the next 12 months, including new use cases for their trustless cross-chain tunneling system, secure data anchoring for AI, and decentralized finance (DeFi) applications, all powered by Bitcoin and Ethereum.

“We look forward to supporting Hemi Labs as they work on important infrastructure that connects Bitcoin and Ethereum in a modular and scalable way. Hemi's approach aligns with our commitment to backing strong founders of projects that are focused on building practical, decentralized solutions with long-term potential,” said Alex Odagiu, Investment Director at Binance Labs.

“We are thrilled to have Binance Labs as a key partner in our mission to reshape blockchain infrastructure. Binance Labs' investment and global network will be instrumental in accelerating our growth and helping us deliver on our vision to create a more unified and efficient blockchain ecosystem,” said Jeff Garzik, CEO of Hemi Labs.

Main Takeaways:

• Binance Labs has invested in Sophon, an ecosystem for entertainment applications in gaming, social, AI, prediction markets and beyond. 

• This investment underscores Binance Labs' dedication to empowering early-stage projects that are making Web3 more accessible and driving ecosystem growth.

Binance Labs has invested in Sophon, an ecosystem for entertainment applications in gaming, social, AI, prediction markets and beyond. With the grand vision of changing how users live, play, create, and connect in the internet economy, Sophon is laser-focused on creating seamless customer experiences. 

Sophon is able to achieve all this through the unique applications of the ZK Stack, such as native account abstraction, which is designed to provide a gasless experience. The zkSync codebase is the most battle-tested zkEVM and has consistently achieved best-in-class throughput and cost metrics across the entire Ethereum L2 stack in various public benchmarking exercises. This is critical for enabling a highly scalable and stable environment for the next generation of consumer applications. 

From its incubation by Merit Circle to strategic partnerships with Beam, Zentry, and Aethir, and several other soon-to-be-announced partners, Sophon is establishing itself as the go-to platform for developers and users alike. With its mainnet soon to launch, Sophon is well-equipped to cultivate a thriving ecosystem that transcends mere financial incentives.

The newly secured funds will be utilized to accelerate ecosystem growth, attract top talent, and support the development of innovative projects that seamlessly connect entertainment, creativity, community, and technology.

“Binance Labs is dedicated to empowering early-stage projects that push the boundaries of Web3 and fuel the growth of the ecosystem. Sophon’s strong industry partnerships and early success signal their immense potential to revolutionize the entertainment, gaming, and AI spaces,” said Andy Chang, Investment Director, Binance Labs.

“We are thrilled to have Binance Labs join us on our mission to empower the next generation of entertainment on the internet,” said Seb, CEO of Sophon. “Our goal is to make technology effortless and accessible for users while equipping developers with the tools to push boundaries and accelerate their applications like never before.”