Trump: Surprised by Stock Market Rebound, Thought It Would Fall 20%
Key Takeaways:
- U.S. President Trump was caught off guard by the stock market’s resilience during the Iran War, initially predicting a 20% dip.
- A notable crypto transaction involved the movement of 35,000 ETH from Binance to BitGo.
- A whale increased HYPE token holdings by 40,000 tokens, valued at approximately $1.63 million.
- A Kelp DAO attacker redirected 50,700 ETH across two new addresses, indicating a significant shift in holdings.
- Despite a drop in Hyperliquid trading volume, its TVL remains unmatched in the DeFi space.
WEEX Crypto News, 2026-04-21 15:27:22
President Trump’s Stock Market Misjudgment
In a striking revelation, U.S. President Trump admitted his astonishment at the stock market’s buoyancy amid the geopolitical tensions of the Iran War. Initially, he foresaw a calamitous drop of 20% in the Dow Jones Index. However, the market defied these expectations with an unexpected rebound, showcasing resilience that left many, including Trump, bewildered.
Significant ETH Movement: Binance to BitGo
In the crypto sphere, a major movement caught the attention of traders – a fresh address facilitated the withdrawal of 35,000 ETH from Binance, subsequently transferring it to BitGo. This transaction underscores the shifting dynamics within crypto custodial services and may indicate strategic repositioning by large investors wary of recent volatility.
Whale’s HYPE Acquisition
An influential whale in the crypto market enhanced their portfolio significantly by adding 40,000 HYPE tokens, translating to an approximate value of $1.63 million. Such a substantial acquisition suggests growing confidence in HYPE’s prospects or an anticipation of forthcoming bullish trends in its market trajectory.
Kelp DAO Exploit Aftermath
In the wake of a targeted exploit, the Kelp DAO community witnessed the unsettling transfer of 50,700 ETH by an attacker, distributed to two newly-created addresses. This movement has prompted heightened scrutiny and strategic recalibrations among DeFi participants, highlighting the persistent security challenges in decentralized ecosystems.
Hyperliquid’s Prowess in DeFi
Despite a downturn in trading volume, the Hyperliquid platform’s Total Value Locked (TVL) continues to outshine its peers in the decentralized exchange (DEX) market. This paradox highlights an intense market engagement and confidence in Hyperliquid’s offering, even as trading activities fluctuate, demonstrating the platform’s resilience and appeal among DeFi enthusiasts.
FAQ Section
What led to the stock market’s unexpected performance during the Iran War?
During the Iran War, a multitude of factors might have countered market fears, including diplomatic negotiations or market confidence stemming from robust economic indicators, which kept the downturn at bay.
Why was there a significant ETH transfer from Binance to BitGo?
The movement of 35,000 ETH from Binance to BitGo could be due to strategic asset relocation for security or regulatory compliance, as BitGo provides custodial services with enhanced protections aligning with investor needs.
How does the whale’s acquisition impact HYPE tokens?
The acquisition of 40,000 HYPE tokens by a whale could potentially influence the token’s price trajectory through increased demand and signal confidence in HYPE’s long-term value proposition.
What are the implications of the Kelp DAO exploit?
The Kelp DAO exploit underscores the vulnerabilities in DeFi protocols, prompting the community to review security measures and encouraging protocols to bolster defenses against such breaches.
Why is Hyperliquid’s TVL outperforming despite lower trading volumes?
Hyperliquid’s outperformance in TVL suggests robust user trust and engagement, likely driven by its innovative features, favorable user experience, or competitive advantages that maintain a high asset commitment despite fluctuating trade volumes.
You may also like

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle

Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.

Bitcoin Trading Guide 2026: Strategies for Experienced Traders

What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026

Will the SpaceX IPO Hurt Bitcoin? Here's What Traders Are Watching

Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.

Fortune Warns of Strategy’s Financing Structure Risks as Bitcoin Premium Narrows
Fortune warned that Strategy’s Bitcoin treasury model faces growing financing risks as MSTR’s net asset premium narrows and preferred stock dividend pressure increases.

Ferrari Challenge Le Mans: Carl Moon to Dominate in WEEX Livery

Sahara AI Responds to SAHARA’s Sharp Drop: No Contract or Product Security Issues Found, Internal Investigation Underway
Sahara AI responded to SAHARA’s 60% price drop, saying no token contract or product security issues have been found and an internal investigation is underway.

WEEX Deposit/Withdrawal Dynamic Island: Your Asset Status, Always in Sight

Scaling Crypto Derivatives: The Digital Asset Infrastructure Behind High-Volume Trading
In the fast-moving digital asset ecosystem, derivatives platforms face an extreme architectural test. High-leverage futures markets demand more than just standard security—they require absolute operational precision, zero-latency matching engines, and ironclad structural scalability, all while navigating intense market volatility.
As global platforms scale to meet these demands, the industry is shifting away from rigid, monolithic setups toward a more agile, "decoupled" infrastructure philosophy.
The Blueprint for High-Volume Copy TradingFor elite global exchanges like WEEX (founded in 2018), this architectural choice becomes critical when scaling high-volume retail features like social copy trading. When thousands of users automatically mirror the real-time strategies of elite traders simultaneously, it triggers sudden, monumental spikes in concurrent transactional volume.
To prevent execution latency or settlement bottlenecks during these peak volatility events, a platform's primary engine must remain entirely dedicated to risk management, copy-trade synchronization, and order matching.
The Architectural Rule: New-generation platforms must separate front-end user execution engines from heavy backend infrastructural overhead to eliminate operational friction.
By separating these layers, platforms can maintain complete sovereignty over their trading environments and user experiences while strategically aligning with institutional-grade infrastructure ecosystems. This strategic framework allows modern exchanges to leverage advanced Digital Asset Custody infrastructure such as Cobo’s behind the scenes, ensuring that backend wallet management scales elastically alongside trading spikes.
Capitalizing on Market Momentum and 400× LeverageIn a derivatives arena where platforms offer up to 400× leverage on perpetual contracts, capital efficiency and market agility are core business metrics. To capture market momentum, an exchange needs the ability to rapidly expand its asset offerings, supporting everything from legacy crypto assets to sudden, trending altcoins across a massive library of trading pairs.
Adopting a flexible, scalable Wallet-as-a-Service (WaaS) solution such as Cobo’s could completely rewrite the development timeline for high-growth exchanges. Instead of spending months of engineering capital building out custom backend wallet architectures for every new blockchain network, platforms can deploy localized infrastructure in days.
This agility allows platforms to instantly scale their listings to over a thousand trading pairs without compromising security or delaying time-to-market. It mirrors the exact operational advantages seen during high-velocity market events, similar to how advanced wallet infrastructure empowers platforms during sudden asset surges; allowing exchanges to pass that speed and liquidity directly to their global user base.
A Mature Foundation for GrowthThe synergy between trusted infrastructure ecosystems and global trading platforms represents the natural evolution of a maturing crypto market. As WEEX continues to scale its global spot and derivatives offerings for over 6 million users, adopting robust backend paradigms proves that platforms no longer have to compromise between cutting-edge trading velocity and uncompromised structural security.

Get Paid to Onboard? Try WEEX’s New Homepage with Rewards for Registration, Deposit & Trade

WEEX Custom Layout: Build Your Perfect Trading Workspace in Seconds
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

