News linked to this event type.
According to The Block, 21Shares’ Hyperliquid ETF—THYP—began trading on Tuesday, becoming the first listed Hyperliquid ETF. Bloomberg ETF analyst James Seyffart noted that THYP recorded $1.8 million in first-day trading volume, outperforming the average ETF’s debut. The product provides investors with exposure to HYPE without requiring direct ownership of the token. Seyffart also indicated that Bitwise’s Hyperliquid ETF may be the next to launch. Earlier, Bitwise had filed an amendment to its U.S. HYPE ETF application, while Grayscale is also seeking to launch a HYPE fund.
According to on-chain analyst Onchain Lens (@OnchainLens), Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin over the past two hours, totaling over $20 million in value. Specifically, the BTC is valued at approximately $13.21 million, ETH at around $630,000, and MASK at roughly $168,000.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale purchased 3,224 ETH at an average price of $2,267 per ETH—totaling approximately $7.31 million—after remaining dormant for one year.
According to on-chain analyst Ai Aunt (@ai9684xtpa), 45 minutes ago, GMGN’s fee-related address 0x38d…23866 deposited 3,000 BNB—worth approximately $2.04 million—into Pionex, likely for fee settlement. This marks the first time in two months that this address has transferred fee funds to the exchange. The address currently holds approximately $12.45 million worth of BNB, ETH, and USDC.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0xC9D6 purchased 1,500 ETH for $3.43 million in USDC six hours ago. Since February 15, this address has spent a total of $46.99 million in USDC to acquire 21,800 ETH, at an average price of $2,155 per ETH, generating an unrealized profit of approximately $3 million.
According to on-chain analyst Ai Aunt (@ai9684xtpa), “Ma Ji Lao Ge” has incurred a loss of $2.16 million on his long positions over the past week—nearly erasing all profits generated over the previous month—leaving him with only $187,000 in net profit. He currently holds long positions in BTC and ETH valued at $40.59 million: 14,150 ETH (worth $32.41 million) and 101 BTC (worth $8.18 million). His overall unrealized loss stands at $484,000.
Odaily reports, according to on-chain analyst Yu Jin, ETH price has fallen back near the average entry price of Hyperliquid's largest long position, with the trader's floating profit of approximately $10 million having essentially been erased.After the price approached the cost basis, the trader slightly increased the position by 9,000 ETH. The total ETH position now stands at 108,000 ETH, valued at $245 million, with an average entry price of $2,271.
According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale—previously identified as having consistently purchased large amounts of ETH and linked to Erik Voorhees—bought 494 ETH for $1.12 million USDC nine hours ago. Data shows this whale now holds a total of 127,716 ETH, valued at approximately $292 million at current prices.
according to on-chain analyst EmberCN's monitoring, Spark transferred 326,900 USDS to a buyback wallet 6 hours ago and initiated the 3rd month of SPK buybacks.In the previous two months, Spark spent a total of 986,000 USDS to buy back 41.372 million SPK at an average buyback price of $0.0238.
According to on-chain analytics platform Lookonchain (@lookonchain), wallet address 0xB476, which had been inactive for over a year, purchased 2,570 ETH for 5.81 million USDC seven hours ago, at an average price of $2,261 per ETH.
According to Onchain Lens monitoring, a whale spent 3.43 million USDC to purchase 1,500 ETH. Since February 15, the whale has spent $46.99 million to buy 21,800 ETH at an average price of $2,155, currently with an unrealized profit of $2.59 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0x4E53 purchased and staked 151,000 HYPE tokens—worth approximately $6.09 million—two hours ago. Data shows that over the past week, this address has cumulatively purchased and staked 500,998 HYPE tokens, totaling approximately $21.3 million.
According to Lookonchain monitoring, U.S. Bitcoin ETFs experienced a net outflow of 7 BTC today, Ethereum ETFs saw a net outflow of 1,183 ETH, and Solana ETFs registered a net inflow of 259,129 SOL.
According to on-chain analyst Yujin’s monitoring, WLFI team-related addresses (founders/team members/advisors/partners) burned 100 million WLFI tokens—worth $6.68 million—over the past 19 hours. Four WLFI team-related addresses transferred 1 billion WLFI tokens into the unlock vesting contract and subsequently burned the corresponding 10% of WLFI.
according to on-chain analyst Ember's monitoring, WLFI team-related addresses (founders/team members/advisors/partners) have burned 100 million WLFI tokens valued at $6.68 million in the past 19 hours. Four WLFI team-associated addresses transferred 1 billion WLFI into the unlock vesting contract and subsequently burned the corresponding 10% of WLFI.
according to on-chain analyst Ai Yi's monitoring, the WLFI team-linked address has transferred 833 million WLFI, worth $55.57 million, to the Unlock Contract (0x74B...9583) in batches over the past 24 hours. The funds originated from the WLFI multi-sig and Strategic Reserve addresses. This receiving address currently holds 17.82 billion WLFI, with a total value of $1.19 billion. It remains uncertain whether this is related to the proposal passed last week to unlock 62.2 billion WLFI tokens after two years. Over the past ten days, WLFI has risen from a low of $0.0512 to a high of $0.0763, a maximum increase of 49%, and is currently priced at $0.0672.
Odaily Investment bank TD Cowen reiterated its "Buy" rating on Sharplink following its Q1 earnings report, maintaining a $16 price target, implying approximately 106% upside from the current share price of $7.76.Sharplink's Q1 revenue exceeded $12 million. The company also announced the establishment of an approximately $125 million income fund in partnership with Galaxy Digital, with Sharplink contributing roughly $100 million. The fund will focus on DeFi and liquidity yield opportunities, targeting returns higher than base staking yields.The analyst team believes the current share price is in a "favorable entry window," driven primarily by a persistent NAV discount and expanding Ethereum demand. Sharplink currently holds approximately 873,000 ETH (about $2 billion), translating to a net asset value (NAV) of roughly $9.68 per share, while the stock still trades at about a 20% discount to NAV. TD Cowen noted that the Galaxy partnership strengthens Sharplink's yield strategy, allowing it to maintain ETH exposure while improving capital efficiency through institutional-grade DeFi opportunities. (The Block)
although Bitcoin has retraced approximately 2.5% from its local high of $82,800 on May 6, market analysts widely believe its overall uptrend structure remains intact, and it has re-entered the "full bull market momentum" zone. Swiss wealth management firm Swissblock points out that Bitcoin has re-entered a price expansion zone, with the Bull Market Support Band turning into support. The 21-week EMA has crossed back above the 20-week SMA, shifting the trend structure back to bullish.Bitcoin is currently consolidating around the $80,000 level, where the "Realized Market Mean" and the short-term holder cost basis form key support, while the realized price near $85,000 represents overhead resistance. Spot buying pressure driven by whales and institutions is strengthening, while the proportion of speculative derivatives activity is declining. Historically, similar structural setups have often corresponded to sustainable uptrends. If this indicator remains persistently positive, it could further propel Bitcoin's upward cycle.On the liquidity front, the Stablecoin Supply Ratio (SSR) has rebounded from historical lows into a critical range, indicating stablecoin capital is flowing back into the market. This signal previously corresponded to阶段性底部反弹 (significant bottom bounces) in mid-2021, 2022, and mid-2023.Meanwhile, Binance's Stablecoin Supply Ratio Oscillator (SSR Oscillator) has risen to 2.8, hitting a 12-month high, demonstrating a notable increase in stablecoin purchasing power. On-chain activity is also strengthening. Bitcoin's daily transaction volume increased by 116% in May to 831,400 transactions, a 20-month high; the number of active addresses grew 7.1% week-over-week to 707,700; and total fees rose 37% to $279,300, indicating significantly heightened network usage activity. Regarding capital structure, the 90-day spot Taker CVD has turned consistently positive, suggesting spot buying is dominating the market. Glassnode data shows this indicator has further increased to $62 million compared to a week earlier, reflecting a strengthening of active buying sentiment in the market.In summary, price structure, liquidity indicators, and on-chain demand all indicate that Bitcoin remains in a "strong trend expansion phase," with the bull market momentum not yet exhausted. (Cointelegraph)
Odaily Odaily News According to the latest weekly report from Gate Ventures, global markets continued to strengthen last week, driven by the technology sector. Both the S&P 500 and the Nasdaq index hit new record highs, with the S&P 500 gaining 2.36% for the week and the Nasdaq rising 4.52%. In the crypto market, BTC rose 4.6% last week, ETH rose 2.1%, spot BTC ETFs recorded net inflows for the fifth consecutive week, and market sentiment recovered to the neutral range. Additionally, the total market cap of cryptocurrencies excluding the top ten assets increased by 12.6% for the week.On the macroeconomic front, the ISM Services Price Index rose to 70.7, a two-year high, coupled with energy price fluctuations and the Federal Reserve's policy expectation of "keeping interest rates higher for longer," leading to increased market focus on a "stagflation" environment. On the industry level, Payward, the parent company of Kraken, has applied to the OCC for a national trust charter, highlighting the increasingly evident trend of industry compliance. In terms of investment and financing, 10 deals were completed last week totaling $34.2 million, primarily concentrated in the DeFi and infrastructure sectors. Among them, OpenTrade completed a $17 million funding round to accelerate the development of institutional-grade stablecoin yield infrastructure; OnRe secured a $5 million Series A round to advance its Solana-based tokenized reinsurance product offerings.
on-chain detective ZachXBT has exposed US threat actor Dritan Kapllani Jr., alleging his involvement in social engineering thefts targeting crypto users, totaling approximately $19 million.ZachXBT stated that Dritan has long been flaunting luxury cars,名牌 watches, private jets, and nightclub lifestyles on social media. On April 23, 2026, during a "Band 4 Band (B4B)" voice call on Discord, in an attempt to prove he was wealthier than another hacker, he publicly displayed an Exodus wallet containing $3.68 million in assets.The relevant ETH address is: 0x4487db847db2fc99372a985743a26f46e0b2bba6ZachXBT's tracking revealed that this address is linked to a social engineering theft incident on March 14, 2026, involving 185 BTC (approximately $13 million). The following day, Dritan's Exodus wallet received about $5.3 million from that theft. By the time of the B4B call six weeks later, approximately $1.6 million had already been spent or laundered.On May 11, the US Department of Justice unsealed a criminal indictment against Trenton Johnson, charging him with participation in the theft of 185 BTC. He faces a potential maximum sentence of 40 years in prison. The indictment refers to "Co-Conspirator 1 (CC-1)," believed to be Dritan, who has not yet been formally charged.ZachXBT also noted that Dritan is connected to hacker John Daghita (Lick), who was previously arrested for stealing $46 million from the US government. John had previously exposed Dritan's old wallet address on Telegram. On-chain analysis shows that this address is linked to multiple high-confidence social engineering thefts in 2025, with a cumulative total exceeding $5.85 million.ZachXBT stated that Dritan has long been active in the "The Com" hacker circle and had seemingly avoided formal prosecution due to being a minor. Now that he has turned 18, his "borrowed time may finally be over."