🌐Weekly News Digest [ February 9 – February 15 ]
Last week, the mining conference in Cape Town became the first high-level venue to criticize American expansion into Africa - but what else happened?
💡Here are the key highlights:
🇨🇩 DR Congo
— South Africa’s Minister of Resources sharply criticizes his Congolese counterpart
— Washington urged an Australian mining firm AVZ to sell its major lithium project to a US company
🇱🇾 Libya
— Libya’s fails its first oil license auction in 17 years
🇲🇱 Mali
— The Malian government establishes a new state-owned mining company
— Mali approves a 10-year extension of Canadian gold miner's license
🇳🇪 Niger
— Niger’s military repels an attack by MPLJ militants on Chinese oil facilities
— Niger is ready to return the uranium confiscated from the French
🇳🇬 Nigeria
— Nigerian company loses asset in Equatorial Guinea
— Dangote Refinery reaches its design capacity for the first time
— US lawmakers introduce a bill claiming that Chinese illegal miners are paying Fulani militant groups
🇿🇦 South Africa
— Mining Indaba Conference concludes in Cape Town
🌍 Global
— State Department reveals the US strategy for Africa
#NewsDigest
➡️ Follow to stay informed - @devilsbelow
Lookonchain | ꘜ
A newly created wallet (0xa523) deposited 23.52M $USDC into #Hyperliquid to buy 466,421 $HYPE ($21.5M) and 2.16M $Fartcoin ($2.12M) in the past 7 hours.
https://hypurrscan.io/address/0xa5232e97b4ded3d2EF25Be059c3489e61Be475Aa
A newly created wallet deposited $3.18M $USDC into #HyperLiquid and opened an $ETH long position with 20x leverage.
The whale is likely to increase the position or open a new one.
@Runlifenick_fx✅
A mysterious whale wallet 0x579f has deposited $2.91M USDC into #Hyperliquid over the last 48 hours — taking massive leveraged bets across three major assets:
• Short 232 BTC (~$25M)
• Short 5,810 ETH (~$22.7M)
• Long 44.79M ENA (~$21.3M)
That’s a combined open position of nearly $70M, signaling a strong rotation from majors to ENA.
https://hypurrscan.io/address/0x579f4017263b88945d727a927bf1e3d061fee5ff
A whale recently created a new wallet (0xb0a0) and deposited $4 million USDC into #Hyperliquid, signaling a major move to accumulate $HYPE.
So far, the wallet has purchased 58,778 $HYPE worth approximately $2.89 million.
https://hypurrscan.io/address/0xb0a0f97898682E3c0A83633DF67E67249d6B12fa
As $UNI is trading at ~$10, a whale holding a $UNI long position with 10x leverage currently has a floating profit of $3M on #HyperLiquid.
The whale also has long positions on $ETH (25x), $BTC and $SOL with 20x leverage, with floating profit of $9.38M.
Overall, the whale is making $31.9M.
https://hyperbot.network/trader/0x9263c1bd29aa87a118242f3fbba4517037f8cc7a
A newly created wallet "0x01f" deposited 242 $ETH into #HyperLiquid to sell, then opened a 3,286.46 $ETH short position with 20x leverage valued at ~$7M.
https://hyperdash.com/address/0x01f135c734b4aae018ebf4e7995c560a38422e50
https://x.com/OnchainLens/status/2041019716492537964
Follow @onchainlens for more onchain updates
After 5 months, a whale deposited $1M $USDC into #HyperLiquid and opened a 20,000 $BRENTOIL long position with 20x leverage.
Previously, the whale has made over $12.44M.
https://hyperbot.network/trader/0x9aB1c356E6Af86361446497FCe954B3CDF940206
https://x.com/OnchainLens/status/2040359551682412700
Follow @onchainlens for more onchain updates
A wallet deposited $2.25M $USDC into #HyperLiquid and opened a 2,271.55 $GOLD ($10M) long position with 10x leverage. https://hyperbot.network/trader/0x06a33efba1ea066af486d3d8b89eea896ec1cf69 https://x.com/OnchainLens/status/2036242636579938809 Follow @OnchainLens…
Machi deposited another $300K USDC into #HyperLiquid to increase his $ETH (25x) long position.
Earlier, Machi partially closed the position at a loss to avoid liquidation.
Machi’s loss is now over $31.29M.
https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872
https://x.com/OnchainLens/status/2039617823027425483
Follow @onchainlens for more onchain updates
A newly created wallet deposited $9.6M $USDC into #HyperLiquid and opened a $CL long position with 20x leverage. The position is still increasing. https://hyperbot.network/trader/0x9D32884370875f2960D5CC4b95Be26687d69Aff5 https://x.com/OnchainLens/statu…