News linked to this event type.
according to Lookonchain monitoring, an a16z-affiliated whale purchased another 226,121 HYPE today, worth approximately $14.5 million.Data shows that since April 14, the whale has accumulated a total of 3.9 million HYPE, worth approximately $192.6 million, with an average purchase price of around $49.4.
According to monitoring by crypto analyst Ai Yi (@ai_9684xtpa), Strategy withdrew 411 BTC from Coinbase three hours ago, exactly matching the 411 BTC it transferred to Coinbase the previous day.Ai Yi noted that this move may indicate previous market speculation about Strategy selling Bitcoin was unfounded. However, the probability of the prediction event "Strategy will sell BTC before the end of the year" on Polymarket has not significantly declined, and it currently remains at 89%.
On-chain data shows that an address疑似 belonging to Dragonfly transferred approximately $9.05 million worth of SKY tokens to Coinbase. The related token was formerly MKR, and its holding value has shrunk by over 50% since withdrawal.
A whale address that participated in the HYPE genesis distribution recently executed large-scale transfers, with some tokens moved to Coinbase; the cumulative profit is estimated to exceed $94 million.
uncertainty surrounding the Federal Reserve's monetary policy path has spurred demand for cash-like assets, pushing the total assets of U.S. money market funds to a record $8.281 trillion.According to the latest data from Crane Data, approximately $66 billion flowed into the money market fund industry during the week ending May 28. Of this, about $41 billion was received on Thursday as investors adjusted their portfolios ahead of the month's end. Since the start of this year, money market funds have attracted a cumulative inflow of approximately $172 billion. (Bloomberg)
according to on-chain data monitoring, Evaded, the counterparty account of "1011 insider whale" proxy Garret Jin, has just closed its Ethereum short position. It currently still holds a Bitcoin short position with 30x leverage, with a position of 960 BTC, yielding an unrealized profit of approximately $2 million and an investment return rate of 80%.
according to on-chain analyst Ember monitoring, a whale on Hyperliquid opened a long position of 12,900 ETH with 25x leverage at $2,011.7, with a position value of $26.1 million and a liquidation price of $1,967.1, which is $45 away from the entry price.
Ethereum continues its weak trend after breaking below the key support level of $2,000. Market analysts warn that short-term "downside pressure" remains dominant, with traders focusing on the defense of the $1,800–$1,750 support zone. CryptoQuant analyst PelinayPA pointed out that ETH's estimated leverage ratio remains relatively high at around 0.74, and the funding rate has been positive since April, indicating crowded long positions despite the persistent price weakness. The RSI is around 31, approaching oversold territory but without a clear reversal signal yet. U.S. spot Ethereum ETFs have recorded net outflows for 13 consecutive trading days, totaling approximately $695 million, with a single-day maximum outflow of about $121 million, reflecting a continued cooling in institutional allocation demand.Currently, ETH maintains a weak structure against the backdrop of high leverage, crowded longs, and persistent ETF outflows. The short-term risk is biased to the downside, making the $1,800 support level a key observation point for both market sentiment and technicals. (Cointelegrap)
Susquehanna, a Wall Street quantitative trading giant, analyst Mehdi Hosseini has significantly raised the price target for Micron (MU) from $600 to $1,750, maintaining a "positive" rating. It is reported that Micron's second-quarter DRAM average selling price is expected to increase by 50%-60% quarter-over-quarter, higher than the previously market-expected 50%; NAND average selling prices are expected to remain flat to up within the 75%-100% range quarter-over-quarter. Based on increased confidence in the continued strength of storage product prices and margin sustainability, Susquehanna has raised earnings forecasts for the storage manufacturers it covers. (Seekingalpha)
according to Onchain Lens monitoring, a whale sold 10,000 ETH in the past 30 minutes, with a transaction amount of $19.82 million. Over the past week, this whale has sold a total of 45,000 ETH, with a total transaction amount of $92.15 million and an average selling price of $2,048.
According to Lookonchain monitoring, US Bitcoin ETFs recorded a net outflow of 4,275 BTC today, Ethereum ETFs saw a net outflow of 47,308 ETH, and Solana ETFs had a net inflow of 14,169 SOL.
U.S. spot Bitcoin ETFs have experienced net capital outflows for nine consecutive trading days, totaling approximately $2.84 billion. This marks the longest consecutive losing streak since the product's launch in 2024, surpassing the previous record set on February 8, 2025. BlackRock's IBIT was the primary source of these outflows.Analysts indicate that this round of capital outflows reflects a notable cooling in institutional demand for Bitcoin ETF exposure. Meanwhile, the market is showing signs of divergence: Hyperliquid-related ETFs and certain XRP spot ETFs continue to record capital inflows. In contrast, spot Ethereum ETFs have also faced capital outflows for 13 consecutive days, with cumulative outflows reaching approximately $694 million. This suggests that capital within crypto asset ETFs is undergoing a reallocation. (Cointelegraph)
Odaily News “1011 Insider Whale” agent Garrett Jin pointed out in his latest market commentary that, against the backdrop of the Middle East conflict, the Strait of Hormuz has been effectively “blockaded” for three months. However, the market has already become “desensitized” to this geopolitical risk, and the AI narrative is reshaping traditional risk pricing logic. As a result, AI is significantly weakening the market's sensitivity to oil prices and geopolitical shocks. Since the emergence of ceasefire signals, U.S. stocks have “decoupled” from energy shocks, with gains in chip and tech stocks offsetting the impact from the energy sector, leading the market to gradually overlook the Strait of Hormuz risk. Nevertheless, he cautioned that the AI sector faces short-term risks of overvaluation and crowded trades, and a pullback could occur at any time.In the energy market, the earlier assessment that the Strait of Hormuz risk had not been fully priced in has proven correct. Oil prices had risen due to supply shock expectations, but peaked and then declined following the release of strategic reserves and the U.S. intervention as a “supplier of last resort.” A successful exit was achieved on April 29-30. He believes the current risk-reward ratio for oil prices is no longer attractive.On the macro and equity market front, U.S. households' holdings of stocks as a percentage of financial assets have reached approximately 47%, surpassing the level seen during the internet bubble era. This means a market downturn would, in turn, constrain policy. The VIX volatility index triggered different policy shift thresholds around 30 and 50, reflecting a “risk-off driven policy” characteristic.In the gold market, the recent pullback in gold is not due to the fading of a war premium but rather changes in long-term structural demand. Since 2022, central banks globally have been purchasing gold at an average annual rate of over a thousand tons, primarily for de-dollarization and hedging against sanctions risks. He defines gold as “an ultimate exit tool outside the dollar system” rather than a mere safe-haven asset.In the crypto market, the liquidity inflection point occurred last October, with funds flowing more toward AI assets, leading to a periodic drain from the crypto market. However, he believes the market is currently in a cyclical bear phase. Rebound rallies exist, but they do not equate to the start of a new bull run. The market must wait for liquidity to restart in a new cycle. The AI era is emerging as the dominant capital narrative. Even if a bubble exists, the structural opportunities it brings represent “a rare window of opportunity for ordinary investors.” Nevertheless, market cycle discipline should not be overlooked.
on-chain analyst ZachXBT posted on X platform, stating that the account Thomas A. Whitaker, after the Blue Origin rocket explosion accident, deliberately exaggerated the disaster and falsely claimed that the only launch tower was destroyed, thereby spreading panic. This account is actually a new sockpuppet of an account that deliberately provoked arguments and sought attention in the past. It masquerades as a US user but is actually located in Canada. The related post includes screenshots of the account's historical statements and geographical location as evidence.
Bloomberg Senior ETF Analyst Eric Balchunas posted on X platform, pointing out that Bitcoin's volatility and correlation are increasingly approaching the level of gold. This trend has been significantly underestimated during the current market adjustment and may be a positive signal amid recent market turbulence. Based on the 60-day historical volatility comparison data of IBIT and the gold ETF (GLD) since their launch, Bitcoin's volatility structure is gradually converging with gold, indicating that its asset characteristics may be changing.Eric Balchunas added that despite the volatile market environment, the BlackRock Bitcoin Spot ETF (IBIT) has continued to outperform U.S. stocks since the escalation of the Iran conflict and has achieved more than double the excess returns compared to the S&P 500 ETF (SPY) since the approval of BlackRock's ETFs.
according to on-chain analyst Yu Jin's monitoring, the largest HYPE short position holder, loracle.hl, continues to sell HYPE: After selling 557,000 HYPE ($33.35 million) last Thursday, he further applied to redeem 892,500 HYPE. Two hours ago, he transferred the successfully redeemed 892,500 HYPE ($55.6 million) to Hyperliquid, and is expected to continue selling. Similarly, after transferring these 892,500 HYPE to Hyperliquid, he has proceeded to apply for the redemption of the final 700,000 HYPE from his address.
SpaceX officially filed its IPO prospectus last week. However, CEO Elon Musk's recent social media posts detailing the company's computing power leasing agreement with Anthropic have shown clear discrepancies with the prospectus's content. The prospectus states the collaboration will last until 2029, with a monthly rent of $125 million; Musk claims the agreement is merely a 180-day short-term lease, with either party able to terminate the partnership with 90 days' notice.This divergence makes it difficult for investors to assess the company's valuation, and industry experts have raised questions about the standardization of information disclosure. Furthermore, analysts point out that the prospectus is missing several key data points. SpaceX is expected to go public on June 12. The company is currently valued at over one trillion dollars and continues to operate at a loss. (CNBC)
According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 2,448 BTC (approximately $180 million) and 28,683 ETH (approximately $57.62 million) into Coinbase, totaling approximately $238 million.
Bitget has launched a new edition of CandyBomb, with a total prize pool of 165 HYPE. This event is exclusively for new futures contract users. Participants who complete the specified net deposit and futures trading tasks can earn a maximum of 1.65 HYPE per person.Detailed rules have been announced on the official Bitget platform. Eligible users must click "Join Now" to register before participating. The event ends on June 8 at 18:00 (UTC+8).
According to on-chain analyst Yujin (@EmberCN), Trend Research (@Trend_Research_), a secondary investment firm under Jackyi, transferred a total of 7.57 million UNI (approximately $24.55 million) and 228,700 COMP (approximately $4.44 million) to Binance over four days, fully liquidating its positions and realizing a total loss of approximately $46.98 million.