News linked to this event type.
According to Amr Taha, a CryptoQuant analyst, following the release of U.S. April CPI data—which came in higher than expected—Bitcoin derivatives markets witnessed synchronized risk reduction. Open interest across four major exchanges—Binance, Gate.io, Bybit, and OKX—collectively declined by approximately $1.25 billion. Gate.io saw the largest drop, at roughly $578 million; Binance followed with about $473 million; Bybit and OKX declined by approximately $123 million and $75 million, respectively. This synchronized contraction across multiple platforms indicates that the deleveraging was not an isolated incident confined to a single exchange, but rather a broad, market-wide defensive response to macroeconomic data. Analysts note that the decline in open interest may stem from long-position liquidations, short-covering, or proactive leverage reduction—and should not be interpreted in isolation as a definitive bearish signal. However, large-scale, synchronized open interest contraction triggered by macro catalysts typically signals that derivatives traders are rapidly adjusting their risk exposure.
According to Onchain Lens monitoring, a whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault.
21Shares' first US Hyperliquid ETF attracted $1.2 million in net inflows on its first trading day. (Cointelegraph)
According to on-chain analyst The Data Nerd (@OnchainDataNerd), KULR Tech transferred 300 BTC—worth approximately $24.36 million—to Coinbase. The company previously purchased 1,021 BTC at an average price of $98,923 per coin. Its stock surged tenfold amid the Bitcoin reserve narrative but has since declined 92.7% from its peak, suggesting it may be quietly cutting losses.
CryptoQuant analyst Darkfost stated on X platform that although the U.S.-Iran conflict and inflationary pressures continue to pose challenges to the market, the altcoin market has recently begun to show signs of recovery. After experiencing an overall correction of over 50%, the altcoin sector is gradually regaining activity. This round of adjustment is not only affected by the BTC correction but is also related to market token dilution. Currently, there are approximately 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% on BNB Smart Chain. Recently, the overall performance of altcoins listed on Binance has recovered to levels seen since September 2025. Currently, about 21% of altcoins listed on Binance have reclaimed the 200-day moving average, compared to only 2% in February of this year that remained above this key technical level. Darkfost believes this indicates a gradual resurgence of market interest in altcoins, serving as an important signal for investors looking to allocate to altcoins. However, it is still too early to declare the start of an altcoin season, as market liquidity remains limited.
Bitget has launched USDT Flexible Savings. During the event, users who meet the net deposit threshold can apply for USDT in the "Simple Earn" section and enjoy up to 5.5% APR. The event runs from May 12, 16:00 to May 19, 16:00 (UTC+8).The net deposit channel is now open, with the calculation period ending on May 15, 16:00 (UTC+8). Eligible currencies include USDT and USDG0. For more details, please refer to Bitget's official platform.
Odaily Odaily News According to on-chain analyst Yu Jin's monitoring, KULR Technology transferred 300 BTC (worth $24.36 million) to Coinbase Prime 2 hours ago.Since announcing a 90% surplus cash allocation to BTC in December 2024, KULR Technology had accumulated a total reserve of 1,021 BTC by July 2025, valued at $101 million with an average price of $98,923. At the current price, its BTC holdings show an unrealized loss of $18.25 million.KULR's stock price surged nearly 10-fold to $43.92 after announcing its BTC reserve in December 2024, but has since continued to decline, now trading at $3.19, a drop of 92.7%.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale Loracle.hl (@loraclexyz) has opened a 20x short position on 156 BTC, with a position value of approximately $12.66 million. Its 10x SNDK position—opened two days ago—is currently in profit by over $648,000, while its 5x short position on HYPE is generating over $2.3 million in profit. The address’s cumulative profits have now exceeded $41 million.
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.