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BlockBeats News, April 28th, according to Hyperinsight monitoring, at 00:00 today, a whale on the Hyperliquid platform emptied the market after yesterday's two rounds of BTC price drop. Subsequently, the whale went long 390 BTC with 40x leverage, with a position size of about $30 million, instantly becoming the second-largest BTC short on-chain. The average entry price was $76,696, with originally planned take-profit at $75,800. However, the buy-the-dip at the low point did not experience the expected drop, and the morning market rebounded today, causing the position to quickly fall into unrealized losses. Subsequently, the current price fell back to near the entry price in the last ten minutes before the article was written, and the whale exited at breakeven, experiencing a small loss of about $20,000. Immediately after closing the position, the address opened a 40x leveraged long position on BTC in an attempt to catch the bottom, with the current size reaching $21.4 million. The take-profit was set at $77,330, and the stop-loss was set at $76,000, shifting the focus to betting on a short-term rebound. Address: 0x8ca341db4a455dec932ed6a29b16e75fa06ac22d

According to a post by Injective on platform X, the mainnet upgrade proposal has been approved. This upgrade will optimize the overall network's technical performance, enhance on-chain module functionality, and advance the $INJ token buyback mechanism. The upgrade is scheduled for implementation on April 28.

BlockBeats News, April 28th - As the Department of Justice concluded its investigation into Powell, Republican Senator Thom Tillis abandoned his obstruction of the confirmation process for Janet Yellen as Fed Chair. The Senate Banking Committee ultimately voted 13-11 to send Kevin Warsh's nomination for Fed Chair to the full Senate for a vote. According to the U.S. Senate Banking Committee's official website, the vote is scheduled to take place on April 29th at 10:00 a.m. Eastern Time. On the same day, the Federal Open Market Committee of the United States will announce its latest interest rate decision. Current Chair Powell will hold his 63rd, and possibly final, press conference after the meeting, marking the end of his eight-year tenure at the Fed. Powell's term as Fed Chair will expire on May 15th, but his term on the Board will continue until January 31, 2028. Whether Powell will also resign from the Fed Board has become a focus of the market.