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News linked to both this project and an event.

Bitget Launches Futures Trading Speed Challenge—Up to $4,000 USDT Per Participant

Bitget Launches the “Dragon Boat Racing” Futures Trading Competition from June 15 to June 22, with a total prize pool of $30,800 USDT. The first 2,000 users who complete the designated trading tasks will receive early-bird USDT rewards on a first-come, first-served basis. During the event, all users are ranked based on their total futures trading volume; the top-performing individual can win up to $4,000 USDT. New users are also eligible for an additional leaderboard, with a maximum reward of $1,600 USDT per user. Additionally, users can unlock extra cash rewards by inviting friends to complete tasks such as registration, depositing funds, and executing futures trades. Full event rules are available on the official Bitget platform. Eligible users must click “Join Now” to complete registration before participating in the event.

A SIREN whale dumped 670 million SIREN tokens in just two days—92% of the total supply.

According to on-chain analytics platform Lookonchain (@lookonchain), a SIREN whale sold 670 million SIREN tokens—92% of the total supply—within just two days, causing the price to plunge over 90% and realizing $64.8 million in USDT. Of this amount, $25.7 million in USDT has already been deposited into Bitget and Bybit exchanges, while the remaining $39.1 million in USDT is still held on-chain, suggesting the sell-off may not yet be complete.

SIREN holder's on-chain holdings have decreased to 66% of the total supply, approximately 480 million tokens

According to monitoring by on-chain analyst Yu Jin, from 10:00 AM yesterday to 12:00 AM midnight, the SIREN holder sold approximately 201 million SIREN on-chain over 14 hours, exchanging them for about 27.7 million USDT. Of this, 24.8 million USDT was transferred to Bitget and Bybit. Their on-chain SIREN holdings have dropped from 94% (682 million tokens) of the total supply to the current 66% (480 million tokens).

SIREN drops 70%, SIREN whale dumps approximately 118 million SIREN for 18 million USDT

according to on-chain analyst Yu Jin's monitoring, since 10:00 AM, a SIREN whale has sold approximately 118 million SIREN tokens in exchange for 18 million USDT, causing SIREN to drop by 70%. Over the past 2 hours, they have transferred about 15 million USDT of that amount to Bitget.

UNITAS and U Launch on Bitget PoolX—Stake ETH or BTC to Unlock 600,000 Tokens

Bitget PoolX has launched two projects—Unitas (UNITAS) and United Stables (U)—with a total airdrop of 600,000 tokens. Details are as follows: UNITAS PoolX: Users can stake ETH to unlock 450,000 UNITAS tokens, with a maximum individual staking limit of 1,500 ETH. The staking period runs from June 11 at 20:00 to June 18 at 20:00 (UTC+8). Users whose net ETH deposits during the participation period are positive will receive a 5% ETH savings interest boost coupon; users participating in PoolX for the first time and meeting the net deposit requirement will receive a 15% ETH interest boost coupon. U PoolX: Users can stake BTC to unlock 150,000 U tokens, with a maximum individual staking limit of 50 BTC. The staking period runs from June 11 at 20:00 to June 17 at 20:00 (UTC+8). Users whose net BTC deposits during the participation period are positive will receive a 2% BTC savings interest boost coupon; users participating in PoolX for the first time and meeting the net deposit requirement will receive a 10% BTC interest boost coupon.

During VELVET’s 10x price surge, the project team’s affiliated addresses transferred 22 million tokens to multiple exchanges within three days.

According to on-chain analyst Yujin (@EmberCN), the price of VELVET, the token of DEX platform Velvet Capital, rose from $0.09 to $0.90 over the past few days—a roughly 10-fold increase. During this period, project-related addresses transferred 22 million VELVET tokens—valued at approximately $19.8 million—to exchanges including Bitget, Gate, and KuCoin over the past three days.

Bitget CandyBomb: Trade BTC, ETH to Unlock 31,500 WLD

Bitget has launched a new edition of CandyBomb with a total prize pool of 31,500 WLD. This event is exclusively for new futures contract users. By completing specified net deposit and futures trading tasks, individual users can earn up to 315 WLD.Detailed rules have been published on the official Bitget platform. Eligible users must complete registration before participating in the event. The event ends on June 19, 2024 at 18:00 (UTC+8).

Bitget Launches New Futures Trading Campaign: Trade to Unlock $300,000 in USDT and Gold-Themed Merchandise

Bitget has launched a new futures trading campaign, running from June 8 to June 15. During the campaign, new users can earn rewards ranging from 3 to 10 USDT by completing onboarding tasks—including KYC verification, first deposit, and placing their first futures trade. Additional tiered rewards become available once users meet specific futures trading volume thresholds, with a maximum individual reward of 598 USDT.

Bitget CandyBomb: Trade BTC and ETH to Unlock 28,000 UNITAS

Bitget has launched a new edition of CandyBomb with a total prize pool of 28,000 UNITAS tokens. This campaign is exclusively for new futures trading users. Eligible users can earn up to 280 UNITAS tokens per person by completing net deposit and designated cryptocurrency futures trading tasks. Detailed rules are available on the official Bitget platform. Qualified users must click “Join Now” to register before participating. The campaign ends on June 9 at 18:00 (UTC+8).

Bitget Launches New User Scratch Card Campaign with Up to 666 USDT in Rewards

Bitget Launches a New User Scratch Card Campaign from June 1 to June 8. During the campaign, new users can earn scratch card draws by completing tasks such as KYC verification, making their first deposit, and executing their first derivatives trade—up to a maximum of 18 draws. Prizes range from 3 to 666 USDT in cash rewards. Additionally, the first 1,000 new users who complete their first derivatives trade during the campaign period will receive a 10 USDT experience fund compensation if they incur a loss on that trade. Full campaign rules are published on the official Bitget platform. Eligible users must click “Join Now” to register before participating.

Bitget CandyBomb: Trade BTC and ETH to Unlock 165 HYPE Airdrop

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).

Bitget Launches U.S. Stocks New User Campaign: Win Up to $2,000 USDT Trading Vouchers and an iPhone 17 Pro Max

Bitget has launched its “U.S. Stock New User Bonus” campaign, running from May 28 to June 5. During the campaign period, users who complete tasks—including net deposits and U.S. stock perpetual contract trading—can earn up to a $2,000 USDT position experience voucher. Additionally, completing tasks unlocks chances to participate in blind box draws, with prizes including multiple tiers of position experience vouchers and an iPhone 17 Pro Max. Eligible users must click “Join Now” to register; for more details, please visit the official Bitget platform.

ILY is about to launch on Bitget PoolX, lock ETH to unlock 178,000 ILY

Bitget PoolX will soon list the project ILY. Users can lock ETH to share 178,000 ILY, with a personal staking limit of 1,500 ETH. The staking window opens from 19:00 on May 28 to 19:00 on June 4 (UTC+8).Additionally, users with a positive net ETH deposit during the event period will receive a 5% ETH wealth management interest coupon after the event ends. First-time PoolX participants who meet the net deposit conditions will receive a 15% ETH interest coupon. The net deposit calculation period ends at 17:00 on June 3 (UTC+8). For more details, please refer to the Bitget official platform.

Bitget CandyBomb: Trade BTC, ETH, etc. to Unlock 92,000 SLX Airdrop Tokens

Bitget has launched a new edition of CandyBomb with a total prize pool of 92,000 SLX tokens. This campaign is exclusively for new futures trading users. Eligible participants can earn up to 920 SLX each by completing specified net deposit and futures trading tasks. Detailed rules have been published on the official Bitget platform. Qualified users must click the “Join Now” button to register before participating. The campaign ends on May 31 at 18:00 (UTC+8).

ESPORTS Spot and Binance Futures Contracts Showed a 45% Price Spread; Funding Rate Turned Negative

According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.

Bitget lists U, SLX spot trading

according to an official announcement, Bitget has listed United Stables (U) and Solstice (SLX) for spot trading. The U trading channel is now open, and the withdrawal channel will open at 17:00 (UTC+8) on May 26; the SLX deposit channel is now open, and the trading channel will open at 22:00 (UTC+8) on May 25.

NEX to Launch on Bitget PoolX—Stake BTC to Unlock NEX Airdrop

Bitget PoolX will soon launch the Nexus (NEX) project. Users can lock BTC to unlock 60,000,000,000 NEX tokens, with a maximum individual staking limit of 50 BTC. The staking channel will be open from May 25 at 19:00 to June 3 at 19:00 (UTC+8). Additionally, users whose net deposit is positive during the campaign period will receive a 2% BTC yield-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC yield-boosting coupon. Net deposits will be calculated from May 25 at 19:00 to June 2 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.

Two wallet addresses withdrew 111 million SAHARA tokens from Binance and Bitget, accounting for 3.4% of the circulating supply.

According to on-chain analyst Yujin (@EmberCN), 7 hours ago, two wallet addresses withdrew 111 million SAHARA tokens from Binance and Bitget, valued at approximately $3.81 million—representing 3.4% of SAHARA’s circulating supply. Notably, SAHARA announced the launch of its staking functionality three days ago.

Bitget has launched a U-margined 10000NEX perpetual contract, supporting up to 20x leverage.

according to the official announcement, Bitget has now launched a U-margined 10000NEX perpetual contract, supporting up to 20x leverage, and the contract trading Bot will also be available simultaneously.In addition, users can also participate in the NEX CandyBomb event. New contract users who complete net deposit and trading tasks can receive up to 20 million NEX per person, with a total prize pool of 2 billion NEX. The event will end on May 28 at 20:00 (UTC+8).

PEPE swing trading whale appears to have cleared remaining 63.9 billion PEPE, with cumulative losses potentially exceeding $17.12 million

according to monitoring by crypto analyst Ai Yi @ai_9684xtpa, a whale address previously known for multiple high-win-rate swing trades of PEPE has deposited all remaining 63.9 billion PEPE tokens into Bitget over the past 12 hours, worth approximately $2.357 million, seemingly completing a full liquidation.Data shows that the deposit price for this batch of PEPE was approximately $0.000003687, while the acquisition cost was around $0.00001683. If sold, it would result in a loss of approximately $8.4 million. Combined with the portion already transferred to exchanges two months ago, cumulative losses are estimated to have exceeded $17.12 million.Additionally, the same address has also deposited other altcoins such as UNI and CAKE into exchanges this time. It remains unclear whether the address plans a complete liquidation or is merely switching to a new address.