Trump: Surprised by Stock Market Rebound, Thought It Would Fall 20%

By: crypto insight|2026/04/22 00:00:00
0
Share
copy

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.

-- Price

--

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

Overview of Important Market Events on June 8th

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

In-depth analysis of the "reflexivity" bubble trap in storage stocks: Beware of the backlash from the bullwhip effect and the false narrative of high growth; do not let the short-term myth of wealth become a wealth abyss that cannot be recovered for 25 years.

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

The major reshuffle has just begun.

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

Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.

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.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com