Recently, it's become popular online to rank everything from "hot" to "pull," as if everything can be ranked from hot to pull. So, at the end of 2025, I'll use this "hot to pull" framework to rank my own articles.

As the trend of "crypto-equity integration" continues to evolve, a type of listed company known as "crypto asset treasury companies" is emerging in the industry. Currently, the top three institutional holders have accumulated a total of 4.16 million ETH, forming an institutional force that cannot be ignored.

本报告基于对Hyperliquid链上合约交易数据及关联社交媒体交互数据的系统性分析，构建KOL影响力评估体系。研究样本覆盖10位市场头部KOL及其关联的100个高活跃度“聪明钱”地址。