News linked to this event type.
Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X stating that THYP—the ETF linked to Hyperliquid—has seen steadily rising trading activity since its launch, with daily trading volume now reaching tens of millions of dollars, roughly eight times higher than on its first trading day. This reflects strong organic market demand. On its debut, the ETF surged approximately 20%, further boosting market attention. Balchunas noted that the current volume expansion is a “positive signal of growing organic interest,” indicating rising market sentiment.
Moment, an AI fintech company founded by former Citadel Securities quantitative traders and researchers, has announced the completion of a $78 million funding round, led by Index Ventures with participation from existing investors including a16z and Avra. Moment has established partnerships with institutions such as Edward Jones, LPL Financial Holdings, and Hightower Advisors, primarily providing AI automation infrastructure for fixed income and equity trading. The new capital will be used to accelerate the deployment and product expansion of AI in Wall Street trading systems. (Bloomberg)
Reportedly, Bybit has launched its AI sub-account feature, offering users isolated fund management and more granular permission controls. The AI sub-account employs an independent account architecture that isolates AI agent activities within a dedicated operational environment, preventing intelligent trading bots from executing unauthorized fund transfers or liquidations on the main account. Users can customize multiple constraints for the sub-account, including funding caps, withdrawal disablement, and leverage limits.
Bloomberg analyst James Seyffart stated that Morgan Stanley submitted a revised application filing for its Solana ETF this morning, with the ticker symbol MSOL.
According to Cointelegraph, Bitcoin has declined approximately 40% from its all-time high in October 2025, yet long-term valuation models indicate substantial upside potential remains. Based on the “Bitcoin Decay Channel” measurement of long-term trends, Bitcoin’s conservative year-end price range has been revised upward to $90,000–$255,000, with the high-end scenario reaching as high as $255,000. This model fits a logarithmic decay trend to historical cycle highs and lows, showing that BTC prices at the peaks of the 2013, 2017, and 2021 cycles all approached the upper channel boundary, while bear market bottoms fell near the lower boundary. Analyst Sminston stated that Bitcoin remains within a historic, long-term upward channel and noted that the price range for 2027 could further expand to $128,000–$308,000.
crypto research firm K33 stated that although Bitcoin has retested its 200-day moving average around $82,000 this month and subsequently fallen by about 6%, the low near $60,000 in February this year may still represent the maximum drawdown of this cycle. K33 Research Head Vetle Lunde pointed out that unlike the bear market rallies in 2014, 2018, and 2022, this market experienced a slow recovery lasting 189 days after breaking below the 200-day moving average. Furthermore, market leverage and risk appetite have not been quickly rebuilt. Therefore, the current trend resembles a moderate correction rather than a precursor to another sharp decline.K33 also noted that institutional fund flows still reflect a defensive sentiment. The latest 13F filings show that institutional investors reduced their holdings by a total of approximately 26,733 BTC in the first quarter, while retail investors increased their holdings by about 19,395 BTC. Neutral strategy institutions like Jane Street and Millennium accounted for most of this reduction. Additionally, Bitcoin ETFs recently recorded the ninth-largest five-day capital outflow since the launch of U.S. spot ETFs. K33 believes this typically occurs when BTC is near the cost basis of ETF holdings, reflecting investors' tendency to cut losses or reduce risk exposure after experiencing significant drawdowns. (The Block)
According to CoinDesk, newly unsealed court documents allege that Jane Street, a major Wall Street quantitative trading firm, obtained non-public internal information from Terraform Labs via a private Telegram group named “Bryce’s Secret” prior to the 2022 Terra collapse. The firm is accused of selling approximately $192 million worth of UST in advance and establishing short positions, thereby profiting roughly $134 million amid the collapse of the Terra ecosystem—valued at approximately $40 billion. The complaint states that on May 7, 2022—just nine minutes after Terraform withdrew $150 million in liquidity from the Curve pool—Jane Street sold around $85 million worth of UST on Curve. The associated wallet was subsequently suspected of being a key address contributing to UST’s de-pegging. However, Jane Street denies these allegations, calling the lawsuit “baseless,” and states it will vigorously defend itself.
according to Onchain Lens monitoring, Whale Evaded (0x865...20d) has opened a long position of 8,000 ETH with 25x leverage, valued at $17 million. It still holds long positions in ZEC and HYPE with 10x leverage, with floating profits exceeding $2.3 million.
According to on-chain analyst Onchain Lens (@OnchainLens), HYPE is currently trading at approximately $50. The whale address 0x082, holding a 5x leveraged long position in HYPE, has an unrealized profit exceeding $15 million; meanwhile, Loracle.hl (@loraclexyz), holding a 5x leveraged short position in HYPE, has an unrealized loss exceeding $10 million.
According to monitoring by on-chain analyst Ai Yi, a whale who previously bought SATO at an average price of $1.41 and exited with a loss of $215,000 has spent another $463,000 through OKX DEX over the past 2 hours to purchase 489,000 SATO at an average price of $0.9465. This address now holds 2.69% of the token's supply, rising to the top of the holder rankings.
according to Lookonchain monitoring, HYPE briefly broke through $50. In the past 3 hours, a whale deposited 19 million USDC into Hyperliquid to buy HYPE. As of now, the whale has bought 76,600 HYPE, worth $3.8 million, and the buying is still ongoing.
According to monitoring by on-chain analyst Ember, as the price of HYPE climbed to $49, a whale who opened a long position on 1.38 million HYPE (worth $67.4 million) at $38.6 last November is now showing an unrealized profit of $14 million. The position has been held for 7 months, with cumulative funding fees paid reaching $2.38 million. During this period, the position once experienced an unrealized loss of $26 million, coming close to liquidation.
according to on-chain analyst Ai Yi's monitoring, Harvard Management Company first established a cryptocurrency position during the market rally in Q2 2025; in Q3, when BTC prices were near all-time highs, it significantly increased its holdings, boosting the number of shares by 257%, with IBIT once accounting for 20% of its portfolio, making it the largest public holding. In Q4, as the market declined, it reduced its BTC holdings while establishing an ETH position, only to clear all ETH after holding for just one quarter and exiting at a loss. Its BTC cost basis ranged from $107,000 to $114,000, while the ETH cost basis was $4,000. Over the year, it incurred losses exceeding $150 million in the crypto space.
Bitget PoolX is about to launch the project UP. By locking ETH, users can unlock 1,250,000 UP, with a personal staking cap of 1,500 ETH. The staking channel will be open from 19:00 on May 20 to 19:00 on May 27 (UTC+8).Additionally, users with a positive net deposit during the event period will receive a 5% ETH yield enhancement voucher after the event ends; users participating in PoolX for the first time who meet the net deposit conditions will receive a 15% ETH yield enhancement voucher. The net deposit calculation period is from 17:00 on May 20 to 17:00 on May 26 (UTC+8). For more details, please refer to the official Bitget platform.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, a16z withdrew another 44,500 HYPE (worth $2.16 million) from Gate just 2 minutes ago.
According to Hyperinsight monitoring, a whale address on Hyperliquid—previously drawing attention for aggressively going long on HYPE ahead of Robinhood’s listing of the token—has seen its unrealized profit on HYPE long positions increase from $11.8179 million to $13.8535 million, with its return rising from 90.64% to 103.03%. The address currently holds a position size of approximately $67.2274 million, with an average entry price of $38.68; HYPE’s current price stands at $48.71, and its liquidation price is $38.93.
According to Finance Feeds, Wintermute’s latest report states that the global market narrative has rapidly shifted from “when will rates be cut?” to “will rates need to be raised?”, driven by rising inflationary pressures and hotter-than-expected macroeconomic data—leading to a cooling of momentum in the crypto market. Bitcoin retreated after briefly breaking above $83,000, while major altcoins posted double-digit weekly declines. The report notes that this rally was primarily fueled by short squeezes in the perpetual futures market—not underlying spot buying. Concurrently, Bitcoin derivatives open interest rose by $10 billion over the past month to $58 billion, while spot trading volume fell to a two-year low. Although spot ETFs recorded net inflows of $623 million recently and exchange-held Bitcoin reserves dropped to a seven-year low, these factors remain insufficient to offset near-term macro risks.
according to on-chain analyst Ai Yi's monitoring, the price of HYPE has broken through $48. Since May 15th, the large holder who shorted 375,000 HYPE is now facing an unrealized loss of $1.989 million. The position size is $18.19 million, making it the sixth largest short position in HYPE, with an average entry price of $43.298.
According to The Block, Cathie Wood’s ARK Invest purchased a total of 122,020 shares of Bullish (BLSH) stock through its ARKK, ARKW, and ARKF ETFs on Monday and Tuesday this week, with a total value of approximately $4.4 million. Prior to this, Bullish’s stock price had fallen 15.4% over the past five trading days; it rebounded slightly by 1.88% on Tuesday to close at $36.23, but remained down 16.7% over the past month.
according to Arkham’s monitoring, the U.S. government has transferred 319 ETH, 643,000 DAI, and 290,000 USDT from seized FTX Alameda funds to Coinbase Prime.