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Data: ETH lending protocol TVL has dropped from its year-to-date high of $32 billion to $23 billion.

According to CoinDesk, the total value locked (TVL) in ETH lending protocols has declined from a year-to-date high of $32 billion to $23 billion—a drop of approximately 28%. The oracle vulnerability incident involving KelpDAO triggered a market confidence crisis, and combined with overall bearish market sentiment, led to roughly $9 billion in outflows from the DeFi lending sector.

Yesterday, Bitcoin spot ETFs saw a net outflow of $649 million.

According to data from Trader T (@thepfund), yesterday’s net outflow from Bitcoin spot ETFs totaled $649 million—the third-largest single-day outflow in 2026. Among them, BlackRock’s IBIT recorded the largest outflow at $448 million; ARKB (ARK Invest) saw an outflow of $110 million; Fidelity’s FBTC experienced an outflow of $63.42 million; Franklin’s EZBC recorded an outflow of $6.65 million; VanEck’s HODL saw an outflow of $7.59 million; Invesco’s BTCO had an outflow of $3.82 million; and Bitwise’s BITB posted an outflow of $9.16 million. Valkyrie’s, Grayscale’s, and Morgan Stanley’s products reported zero net inflows or outflows on the day.

HYPE Bull vs. Bear Whale Showdown: Two Massive Positions as Counterparties, Over $60 Million Game Enters Critical Phase

that, according to on-chain analyst Ai Yi's monitoring, a large-scale long-short confrontation has emerged in HYPE. The TOP1 and TOP2 whale positions are acting as counterparties to each other, with a total scale exceeding $60 million, as the market enters a critical phase of the game. Details are as follows:Whale Loracle holds a 5x leverage short position of 1.44 million HYPE, valued at approximately $68.43 million, with an entry price of about $42.55. It is currently facing an unrealized loss of roughly $7.004 million.Meanwhile, address 0x082…dca88 holds a 5x leverage long position of 1.38 million HYPE, valued at approximately $65.37 million, with an entry price of about $38.67. It is currently showing an unrealized profit of roughly $11.98 million.

A smart money address purchased 1,344.18 ETH on-chain again 10 hours ago, currently facing an unrealized loss of $165,000.

According to on-chain analyst Ai Aunt (@ai_9684xtpa), a “smart money” address—previously accumulating 11,004 ETH at an average price of $3.45 in 2016 and ultimately realizing $30.38 million in profit—has been aggressively buying ETH on-chain over the past three days. Just 10 hours ago, this address purchased another 1,344.18 ETH (approximately $2.83 million). Its total accumulation over the past three days now stands at 6,627.79 ETH, valued at roughly $14.276 million. The average entry price for this newly accumulated portion is $2,153.95, resulting in a current unrealized loss of approximately $165,000; all on-chain USDC has been fully deployed into this accumulation.

Swan Bitcoin faces nearly $1 billion lawsuit over Prime Trust collapse, accused of using insider information to transfer assets early

: Bitcoin financial services company Swan Bitcoin (along with its operating entity Electric Solidus Inc. named as defendants) is facing a lawsuit filed in the U.S. Bankruptcy Court for the District of Delaware, with claims approaching $1 billion.The lawsuit was filed by PCT Litigation Trust, aiming to recover crypto assets related to the 2023 collapse of Prime Trust. The plaintiff accuses Swan of using "material non-public information" to transfer funds out of Prime Trust before its failure, thereby avoiding significant losses.According to the court filing, Swan had transferred assets including approximately 11,992 Bitcoin (currently valued at around $917 million) out of Prime Trust before it filed for bankruptcy, along with roughly $22.4 million in fiat currency, $5 million in stablecoins, and 91,444 XRP tokens.The plaintiff also alleges that Swan had ties to a senior executive at Prime Trust, who also served as an external consultant for Swan. This individual is suspected of providing Swan with information prior to regulatory meetings, thereby helping the company withdraw its assets early.Swan Bitcoin responded, stating that the relevant assets belong to client trust property and should not be used for bankruptcy liquidation, expressing confidence that the court will ultimately support its position. (Decrypt)

Bitcoin whale accumulation signals remain strong: wallets holding 100+ BTC rise to 20,229, up 11.2% year-over-year

data shows the number of wallets holding at least 100 Bitcoin (BTC) has risen to 20,229, representing an increase of approximately 11.2% compared to a year ago. The data indicates that amid market volatility, whales and institutional investors continue to accumulate Bitcoin, reflecting sustained confidence in medium-to-long-term holdings. (Cointelegraph)

Whale Loracle.hl increases short position on 5x leveraged HYPE to 1.44 million, facing unrealized loss of approximately $8 million

According to Onchain Lens, whale Loracle.hl (@loraclexyz) has further increased its 5x leveraged short position on HYPE to 1.44 million coins, with a position value of $69.3 million and a liquidation price of $69.64. The current unrealized loss stands at approximately $8 million.

Ondo project multi-sig wallet has transferred over 328 million ONDO to exchanges like Coinbase in the past 2 months

According to on-chain analyst Ember monitoring, over the past 2 months, the multi-sig wallet of the Ondo project has cumulatively transferred more than 328 million ONDO (worth $98.42 million) to exchanges such as Coinbase.

A whale has opened 20x leveraged long positions on ETH and BTC, along with a 10x leveraged long position on DGE

Odaily reports, according to Onchain Lens monitoring, a whale has opened 20x leveraged long positions on ETH and BTC, currently holding 4,600 ETH and 1,182 BTC, as well as a 10x leveraged long position on DGE, currently holding 19.47 million DGE.

U.S. HYPE Spot ETF Sees Total Net Inflow of $4.418 Million in a Single Day

According to SoSoValue data, yesterday (May 18, Eastern Time), HYPE spot ETFs recorded a total net inflow of $4.418 million in a single day.The HYPE spot ETF with the highest net inflow yesterday was the 21Shares Hyperliquid ETF (THYP), posting a daily net inflow of $2.3734 million. Its total historical net inflow has now reached $12.901 million.Following that was the Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $2.0446 million, bringing its total historical net inflow to $2.0446 million.As of press time, the total net asset value of HYPE spot ETFs stands at $185.854 billion, with a net asset ratio of 0.17% for HYPE. The cumulative historical net inflow has reached $69.428 billion.

PeckShield: EchoProtocol Hacked on Monad, ~$820,000 Drained to Tornado Cash

According to on-chain analyst PeckShield (@PeckShieldAlert), Echo Protocol was hacked on Monad. The attacker minted 1,000 $eBTC out of thin air (valued at approximately $76.7 million), then deposited 45 $eBTC (approximately $3.45 million) into Curvance and used it as collateral to borrow roughly 11.29 $WBTC (approximately $867,700). The attacker subsequently bridged the $WBTC cross-chain to Ethereum, swapped it for $ETH, and laundered 384 ETH (approximately $821,700) via Tornado Cash.

Echo Protocol attacked, attacker mints 1000 eBTC and then withdraws funds via Curvance

According to Onchain Lens monitoring, Echo Protocol on Monad has been attacked. The attacker minted 1000 eBTC, worth $76.7 million, and withdrew the funds through Curvance via a previously tested attack path.As of now, the attacker has deposited 45 eBTC as collateral into Curvance and borrowed approximately 11.29 WBTC, worth $867,700; the attacker then cross-chained this portion of WBTC to Ethereum, swapped it for ETH, and transferred 385 ETH (worth approximately $818,000) to Tornado Cash. The attacker currently appears to still control a large amount of the minted eBTC.

Mysterious whale continues buying ETH, now holding $281 million worth

according to Onchain Lens monitoring, over the past 24 hours, the mysterious ShapeShift whale purchased 4,677 ETH for $9.94 million. This whale currently holds 133,700 ETH, valued at $281 million.

PumpFun’s SOL transferred to Kraken has increased to 174,400 tokens, valued at approximately $14.76 million.

According to on-chain analyst Yujin (@EmberCN), the amount of SOL transferred from PumpFun to Kraken has increased to 174,400 SOL, valued at approximately $14.76 million.

PumpFun deposited 82,703 SOL tokens—worth approximately $7 million—into Kraken.

According to on-chain analyst Onchain Lens (@OnchainLens), PumpFun deposited 82,703 SOL tokens—worth approximately $7 million—into Kraken.

Justin Sun withdraws 41.99 million SPK staking rewards, transferring a total of $19.08 million worth to exchanges

according to on-chain analyst Ai Yi’s monitoring, Justin Sun withdrew 41.99 million SPK staking rewards from Spark, valued at $1.23 million, and subsequently deposited all of them into HTX. Since September 2025, Justin Sun has transferred a total of 610 million SPK to exchanges, worth $19.08 million.

CoinShares: Digital Asset Investment Products See $1.07 Billion Weekly Net Outflow, Ending Six-Week Streak of Net Inflows

CoinShares’ latest weekly report shows that digital asset investment products experienced a net outflow of $1.07 billion last week—the first negative weekly flow in seven weeks and the third-largest single-week outflow of 2026. Bitcoin saw a net outflow of $982 million, while Ethereum recorded a net outflow of $249 million. In contrast, XRP and Solana saw net inflows of $67.6 million and $55.1 million, respectively. By region, the U.S. posted a net outflow of $1.14 billion, while Switzerland, Germany, and the Netherlands recorded net inflows of $22.8 million, $22.0 million, and $7.5 million, respectively. Total assets under management declined from $159 billion the previous week to $157 billion.

BlackRock Deposits 2,221 BTC and 26,572 ETH into Coinbase

According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 2,221 BTC—worth approximately $170.59 million—into Coinbase, and also deposited 26,572 ETH—worth approximately $56.17 million.

Wallets associated with Anchorage purchased 397,000 HYPE tokens from Bybit and OKX.

According to on-chain analyst Onchain Lens (@OnchainLens), a wallet associated with Anchorage purchased 397,000 $HYPE tokens from Bybit and OKX, valued at approximately $18 million. Over the past month, this wallet has accumulated a total of 2.13 million $HYPE tokens, with a total value of approximately $91.99 million.

WEEX Launches RL Zero-Fee Trading Campaign: Trade to Share 30,000 USDT

WEEX Exchange Announcement: RL Zero-Fee Campaign Now Live — Users Can Share a $30,000 USDT Airdrop by Trading. Event Period: May 15, 18:00 – May 22, 18:00 (UTC+8). During the event: - New users who make a net deposit ≥ 100 USDT and execute their first spot trade in RL instantly receive a $10 USDT reward. - New users whose cumulative futures trading volume reaches ≥ 200,000 USDT qualify for a $100 USDT futures trial bonus. - Both new and existing users with RL spot trading volume ≥ 100 USDT are eligible to share a $10,000 USDT prize pool based on their trading volume ranking. - For each friend successfully invited who completes the event tasks, users earn a referral reward of $5–$15 USDT.