News linked to both this project and an event.
according to crypto analyst Ai Yi @ai_9684xtpa, Brother Machi was liquidated on 5,950 ETH long positions 20 minutes ago, with this liquidation resulting in a loss of approximately $555,000. The total losses from the entire round of ETH long trading amount to approximately $1.095 million.Ai Yi stated that this is Brother Machi’s second liquidation in 10 days, with the previous liquidation resulting in a loss of about $467,000. Data shows that his cumulative losses over the past 30 days have reached $4.009 million.
According to Lookonchain monitoring, 4 hours ago, 3 newly created wallets, possibly belonging to a whale, withdrew 4,303 ETH from Kraken, valued at $8.67 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the address dubbed the ShapeShift “mysterious whale” purchased 668 ETH in the past hour, spending approximately $1.35 million. The whale currently holds a total of 139,882 ETH, valued at roughly $281.73 million.
according to Onchain Lens monitoring, the "ShapeShift mysterious whale" has purchased another 668 ETH, worth approximately $1.35 million, in the past hour.Currently, the whale holds a total of 139,882 ETH, valued at approximately $281.7 million, and may continue to increase its ETH holdings.
According to on-chain analyst Ai Aunt (@ai9684xtpa), the two-day ETH swing trade by the whale nemorino.eth concluded 8 hours ago, resulting in a loss of approximately $480,000. The average purchase price was around $2,117.46 per ETH, while the average selling price was approximately $2,056.86 per ETH—yielding a loss of roughly $60.60 per ETH.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale Evaded (@ICanPlug) has opened a new 25x-leveraged short position on 12,600 ETH and continues holding a 30x-leveraged short position on BTC; its current unrealized profit exceeds $1.6 million. Meanwhile, Machi’s (@machibigbrother) 25x-leveraged long position on ETH has again suffered partial liquidation; it remains open but is now down over $33.39 million, nearing its next liquidation threshold.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address that had been dormant for two years has deposited 3,466 ETH—worth approximately $7 million—into Kraken.
Odaily reports, according to Onchain Lens monitoring, whale "pension-usdt.eth" has closed its 3x leveraged Ethereum short position, profiting $1.34 million. The whale still holds a 3x leveraged Bitcoin short position of 1,000 BTC, with an unrealized loss exceeding $7.36 million.
According to Lookonchain monitoring, US Bitcoin ETFs saw a net outflow of 3,638 BTC today, Ethereum ETFs had a net outflow of 9,603 ETH, and Solana ETFs posted a net inflow of 2,859 SOL.
Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently covers approximately 25% of users and is expected to reach full 100% availability within this week.The core functionality supports users in depositing and withdrawing via USDC, allowing free transfers of funds between external wallets and Cash App balances, and using stablecoins as a settlement tool for payments rather than as investment products. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversible nature of on-chain transactions, incorrect addresses or unsupported network transfers may result in permanent loss of funds.Block CEO Jack Dorsey previously stated that despite his longstanding preference for Bitcoin, user demand for stablecoins has prompted the company to adjust its strategy. (CoinDesk)
According to on-chain analyst PeckShield (@PeckShieldAlert), StakeDAO (@StakeDAOHQ) on the Arbitrum network was exploited via an infinite minting vulnerability. The attacker minted a total of 5.4 trillion vsdCRV tokens, then swapped a portion of them for 43.781 ETH (approximately $91,200) and bridged the funds cross-chain to the Ethereum address 0xeF3C...aa25.
According to Kairos Research data, Hyperliquid’s (HYPE) spot ETF absorbed 1.04% of its market capitalization within the first 10 trading days after launch—outperforming the debut performance of spot ETFs for Bitcoin (0.59%), Ethereum (0.41%), and Solana (0.31%) when measured by market-cap-adjusted demand. Bloomberg ETF analyst Eric Balchunas noted that 21Shares’ HYPE ETF (THYP) has surged 50% since its launch two weeks ago—growing faster than BlackRock’s Bitcoin ETF, IBIT.
according to on-chain analyst Ai Yi's monitoring, a certain address withdrew a total of 7,000 ETH from Binance an hour ago, worth $14.5 million, with an average withdrawal price of $2,072; over the past two weeks, the address has transferred 4 million USDT to Binance in batches.
According to on-chain analytics platform Lookonchain (@lookonchain), the trading address 0xfda8 recently purchased 7,000 ETH—worth approximately $14.52 million—and deposited the entire amount into Aave. This address previously executed two swing trades in ETH, generating cumulative profits of $2.04 million.
Kairos Research posted on X platform, stating that the HYPE spot ETF has absorbed 1.04% of the HYPE circulating market cap within its first 10 trading days, marking the strongest debut among all spot crypto ETFs to date. A comparative analysis of the same period shows that among the cohort of new issuers (excluding net outflows from legacy trust products like GBTC and ETHE), BTC spot ETFs accounted for 0.59%, ETH for 0.41%, and SOL for 0.31%.
Odaily Odaily reports: In response to Bankless founder David Hoffman's liquidation of his ETH holdings, Uniswap founder Hayden Adams posted a reply on platform X, stating that “ETH is Money” is the correct narrative, though perhaps misunderstood by most.Hayden Adams indicated that in the future, all assets will be tokenized, people will hold the assets they value most, and the most decentralized monetary system will manifest as “an infinite number of forms of money competing with each other.”He believes that with a low-cost, high-efficiency, 24/7 asset exchange system in place, a single unit of account is not necessary. At the same time, he stated that Uniswap, built on Ethereum, is “the best decentralized monetary system,” and that it is still in its early stages.Recommended reading: Bankless Co-founder's Confession on Liquidating ETH: Ethereum Did the Right Things, but “ETH is Money” Has No Future.
According to on-chain analyst Onchain Lens (@OnchainLens), Bitmine has staked another 5,760 ETH, valued at $11.9 million. Its total staked ETH now stands at 4,718,677, valued at $9.76 billion.
Bankless founder David Hoffman posted on X to explain his reasons for liquidating all his ETH holdings.Hoffman wrote: "I am still extremely bullish on the Ethereum network and the entire ecosystem -- Ethereum's architecture is fundamentally designed to maximize the success probability of its applications, L2s, and ecosystem. The 'fat-app' theory implies that applications on Ethereum can capture the vast majority of fee revenue; while the 'rollup-centric' roadmap means that L2s can achieve profit margins as high as 97%. However, for the asset ETH itself, I find it increasingly difficult to see it being structurally rerated by the market -- either upwards or downwards. So, I am selling ETH not because I am bearish on ETH, but because I believe the narrative 'ETH is Money' has essentially played out. I want to allocate my capital to other opportunities I see in the market."
According to on-chain analyst Ai Aunt (@ai9684xtpa), the whale address 0x54d…e6029 purchased 2,400.38 ETH—worth $5 million—at an average price of approximately $2,083 per ETH, 9 hours ago. Four minutes after the transaction, it placed a limit order on Cowswap to sell at $2,132. If executed, this order is expected to yield a profit of $117,000.
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).