News linked to both this project and an event.
According to on-chain analyst Yujin’s monitoring, a whale that accumulated 807 BTC (worth $54.59 million) at a bottom price of $67,646 in February chose to take profits one hour ago—transferring 500 BTC (worth $39.04 million) to Binance.
VanEck filed the fifth amendment to its BNB ETF registration statement with the U.S. Securities and Exchange Commission (SEC) on May 15. Grayscale also submitted the second amendment to the Grayscale BNB ETF prospectus on the same day.Bloomberg ETF analyst James Seyffart stated that the simultaneous submission of amended documents by both institutions indicates they are responding to SEC feedback and may be planning to advance product launches in the near term.James Seyffart also noted that BNB could become the next crypto asset to pass SEC review and potentially be listed in the United States. (The Block)
Odaily报道 According to monitoring by on-chain analyst Ember, the suspected investment fund Gammafund address gammafund.eth (0xaB7...b698) transferred 5,480 ETH (worth $11.93 million) to Binance 15 minutes ago. Over the past two days, this address has cumulatively transferred 11,035 ETH (worth $24.46 million) to Binance, essentially selling all of the 11,215 ETH purchased at a price of $1,999 in March, realizing a profit of $2.4 million.
According to on-chain analyst Yujin (@EmberCN), Multicoin Capital transferred 150,000 AAVE tokens (approximately $14.91 million) yesterday morning via Galaxy Digital and BitGo to multiple centralized exchanges (CEXs), including Binance, OKX, Coinbase, and Bybit. Following this transfer, the AAVE price dropped approximately 7% from $99 to $92. Subsequently, Galaxy Digital withdrew 98,000 AAVE tokens (approximately $9.08 million) from those exchanges back to Multicoin Capital’s address, prompting a modest rebound in AAVE’s price to $93.
CryptoQuant analyst BorisD points out that Ethereum still faces obvious downside risks. The combination of rising exchange supply and continued ETF outflows could push prices down to around $1,700, representing a potential correction of about 20% from current levels. A breakout above $2,400 seems unlikely in the near term.Data shows that ETH reserves on exchanges like Binance have increased significantly recently, rising from approximately 3.36 million to 3.84 million between May 5 and May 9. This indicates more tokens are flowing into trading platforms, which is typically interpreted by the market as a signal of rising potential sell pressure. Meanwhile, U.S. spot Ethereum ETFs have seen net capital outflows for four consecutive trading days, totaling approximately $190 million, indicating weakening institutional demand at the margin.In terms of price, although ETH has rebounded about 40% from its local low, it encountered strong resistance near $2,400 before falling back to the $2,260 level, limiting short-term upward momentum. The CryptoQuant analyst notes that as exchange inflows accelerate, the price has failed to sustain its upward trend and instead retreated, suggesting the market may be in a phase where "absorption and distribution coexist."Technically, ETH has broken below the lower trendline of an ascending wedge structure (around $2,280). If this breakdown is confirmed, the pattern's measured move target points to around $1,725, corresponding to a potential decline of approximately 22% and coinciding with the macro low area from early February. Some analysts further believe that if the larger bear flag pattern continues, ETH could face the risk of dipping to $1,280.Overall, market sentiment is generally cautious, with a consensus that the current rebound is more likely a temporary move within a distribution process rather than a trend reversal signal. The risk of short-term volatility remains elevated. (Cointelegraph)
According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain has been hacked, resulting in losses of approximately $10 million in crypto assets, including 36.75 BTC (around $3 million) and roughly $7 million in assets from BNB Chain, Ethereum, and Base.
Odaily sources have revealed that OKX and Korea Investment & Securities are in discussions to each acquire about a 20% stake in Coinone. The specific investment strategy is likely structured around issuing new shares rather than selling existing ones, aiming to maximize capital inflow. This equity participation appears to be primarily a financial investment and will not alter Coinone's management control.Currently, Coinone's major shareholders include The One Group (34.30% stake), Com2uS Holdings [063080] (21.95% stake), CEO Cha Myung-hoon (19.14% stake), and Com2uS Plus (16.47% stake).Industry observers believe OKX may not limit itself to a simple financial investment in the future and could also seek to participate in management or gain substantive influence. If the acquisition is successful, this transaction would be the second time in history that a major overseas exchange has attempted to gain management control of a Korean won-based exchange, following Binance's acquisition of a stake in Streami (Gopax).
according to on-chain analyst Ai Yi's monitoring, LAB briefly fell below $3, with a maximum 24-hour drop of 50%, currently priced at $3.53. Binance LAB's open interest currently stands at $57.5 million, with the large trader long/short ratio at 37.94%:62.06% and the retail long/short ratio at 38.98%:61.02%. The proportion of long positions has slightly increased after the decline.
According to on-chain analyst Onchain Lens (@OnchainLens), Garrett Jin (a Bitcoin OG ranked #10/#11) purchased 71,066 BNB from Binance, worth approximately $48.22 million. Onchain Lens data shows that within the past two weeks, Garrett Jin has deposited 577,896 ETH into Binance, valued at approximately $1.35 billion.
According to on-chain analyst Ember (@EmberCN), Multicoin Capital allegedly transferred 150,000 AAVE tokens (worth approximately $14.91 million) to Galaxy Digital and BitGo. Subsequently, these tokens were dispersed across centralized exchanges including Binance, OKX, Coinbase, and Bybit—potentially indicating an intent to sell. Previously, in November last year, Multicoin Capital accumulated 338,000 AAVE tokens at a price of $219 each. If sold at $99 per token, Multicoin Capital’s estimated loss on AAVE would exceed $40.56 million—a decline of roughly 55%.
ZachXBT posted on X platform, stating that the wallet (0xf09c) of the LAB lending contract borrower is the same wallet used for public buybacks, and the funds have flowed to an exchange suspected to be personally controlled by Vova. Since January 2026, co-founder Mark has publicly sought OTC buyers, offering loans with a 5% monthly interest, as well as OTC parcels with a 60% discount and a 5-month lock-up period.The funding source for the LAB team's multi-signature signer address (0xcEA...eBC9) is linked to an insider involved in the RIVER manipulation incident. This insider had previously received over $12 million worth of RIVER tokens to two CEX deposit addresses. Between March and April, the insider deposited 226 million LAB tokens to Bitget, and recently withdrew 100 million tokens. An unknown market maker may be operating through Chinese exchanges.He pointed out that the team, market makers, and OTC buyers possess inside information, placing retail investors at a disadvantage. He called on Bitget, Binance, and Gate.io to freeze the profits obtained by insiders and redistribute them to users.
According to an official announcement, based on a recent review, the following tokens do not meet the Binance Alpha standards and will be removed from the selected list on May 14, 2026 at 06:00 (UTC): PRAI, COMMON, PINGPONG, TAKER, JANITOR, GATA, KLINK, CORL, SWTCH, ARIAIP, LONG, ZKWASM, GORILLA, ECHO, LITKEY, FIR, GM, DELABS, DONKEY, WHY. After removal, users can still withdraw or sell these tokens through Binance Alpha or the Binance wallet.
According to the official announcement, Binance will suspend token deposits and withdrawals on the Base network starting at 01:00 (UTC+8) on May 22, 2026, to support its network upgrade and hard fork. The project team plans to carry out the network upgrade and hard fork at 02:00 (UTC+8) on May 22, 2026.
According to on-chain analyst Ai Aunt (@ai9684xtpa), a new address, 0x669…bF437, withdrew a total of 2,302 ETH from Binance in batches approximately five hours ago during ETH’s price decline. The total value amounted to roughly $5.19 million, with an average withdrawal price of approximately $2,254.82.
According to on-chain analyst Yujin (@EmberCN), the address gammafund.eth—suspected to belong to investment fund Gammafund—redeemed 5,555 ETH (worth approximately $12.53 million) from ether.fi about six hours ago and transferred the funds to Binance. This address had purchased 11,215 ETH at an average price of ~$1,999 per ETH in March this year, for a total value of roughly $22.42 million. Based on the cost basis of the portion just transferred, the unrealized profit amounts to approximately $2.87 million. Additionally, around 5,500 ETH from this address remains in pending redemption status and is expected to be fully redeemed next week.
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.
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.
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.
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)
According to on-chain analytics platform Lookonchain (@lookonchain), a whale transferred 489 BTC—worth approximately $39.59 million—to Binance one hour ago. Data shows that this address purchased the aforementioned BTC at an average price of ~$90,144 four months ago; if sold at the current price, it would incur an estimated loss of ~$4.45 million.