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Marketing/Whale

News linked to both this project and an event.

Harvard's crypto holdings lose over $150 million in one year, chasing BTC at highs before dumping ETH

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.

UP is about to launch on Bitget PoolX, lock ETH to unlock 1.25 million UP

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.

U.S. Government Transfers $319,000 in Crypto Assets from Seized FTX Alameda Funds to Coinbase Prime

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.

Binance will perform wallet maintenance on the Ethereum network (ETH).

According to the official announcement, Binance will perform wallet maintenance on the Ethereum network (ETH) on May 21, 2026, at 14:00 (UTC+8). To support this maintenance, Binance will suspend ETH deposits and withdrawals on the Ethereum network starting at 13:55 (UTC+8) on May 21, 2026. The maintenance is expected to last approximately one hour, after which deposits and withdrawals will resume automatically.

About 60 addresses holding over 10,000 ETH have liquidated their positions in the past two months

Analyst Ali Charts posted on X platform, stating that in the past two months, about 60 whale addresses holding over 10,000 ETH each have liquidated their positions. Exchanges have recently seen significant inflows.

Yesterday, Ethereum spot ETFs saw a net outflow of $62.27 million.

According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $62.27 million, with BlackRock’s ETHA being the primary contributor—accounting for $59.37 million in outflows. Fidelity’s FETH saw an outflow of $3.68 million, while Bitwise’s ETHW registered a modest inflow of $0.76 million; all other products showed no fund movement.

A whale purchased 11,206 AAVE tokens at an average price of $89.24.

According to on-chain analyst Onchain Lens (@OnchainLens), the whale address 0x0bb...3258 purchased 11,206 AAVE tokens at an average price of $89.24, spending approximately $1 million in USDT, and deposited all of them into Aave V3. This address also holds 5,007 ETH, valued at roughly $10.56 million.

Analysis: Bitcoin hovers near $76,800; market eyes whether the monthly closing price can hold the key support level.

According to CoinDesk, Bitcoin held steady near $76,800 on Tuesday, while Ethereum edged down 0.1%. Major altcoins continued weakening following Monday’s sell-off. Traders are closely watching Bitcoin’s monthly close above $76,000—Tom Lee, Chairman of Bitmine, previously stated that a monthly close above this level would confirm a bull market. The WLFI token fell 3.3% after its treasury firm, AI Financial, warned it may not remain solvent through year-end; the token has declined roughly 77% since its September launch. CoinMarketCap’s “Altcoin Season” index retreated to 33/100 after briefly surpassing 50/100 last week. In the derivatives market, total futures notional trading volume rose from $159 billion to $201 billion, open interest remained around $126 billion, and liquidations dropped from over $600 million to $294 million—indicating an orderly market adjustment rather than forced deleveraging. Ethereum’s 30-day implied volatility hit a year-to-date low, while the Bitcoin Volatility Index held near its low of ~40%, suggesting the current sell-off is relatively orderly.

Hyperliquid whale closes BTC/ETH short positions for profit taking, then places new short orders with total notional size exceeding $50 million

According to Hyperbot data, a certain address recently closed its short positions in BTC and ETH simultaneously for profit taking. Among them, approximately 363.2 BTC (about $27.8 million) was closed at a price of around $76,774, and approximately 2,808 ETH (about $5.98 million) was closed at a price of around $2,130, with a total closed position size of approximately $33.8 million.After completing the profit taking, this address immediately placed new short orders: planning to short approximately 257.2 BTC (about $40 million) in the $77,500–$78,000 range, and short approximately 4,484 ETH (about $10 million) around the $2,230 level. This overall indicates that the address maintains a bearish trading strategy and engages in high-frequency position switching.

Yesterday, Ethereum spot ETFs saw a net outflow of $84.14 million.

According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $84.14 million. Among them, iShares Ethereum Trust (ETHA) by BlackRock saw the largest outflow at $55.4 million—accounting for approximately 65.8% of the total outflow; Fidelity Ethereum Fund (FETH) recorded an outflow of $14.7 million; Grayscale Ethereum Mini Trust (ETH Mini) saw an outflow of $10.08 million; Grayscale Ethereum Trust (ETHE) recorded an outflow of $3.96 million; and BlackRock Staked Ethereum Trust (ETHB) saw a negligible outflow of around $10,000. Products offered by Bitwise, 21Shares, Invesco, Franklin, and VanEck registered zero net inflows or outflows on the day.

Data: ETH lending protocol TVL has dropped from its year-to-date high of $32 billion to $23 billion.

According to CoinDesk, the total value locked (TVL) in ETH lending protocols has declined from a year-to-date high of $32 billion to $23 billion—a drop of approximately 28%. The oracle vulnerability incident involving KelpDAO triggered a market confidence crisis, and combined with overall bearish market sentiment, led to roughly $9 billion in outflows from the DeFi lending sector.

A smart money address purchased 1,344.18 ETH on-chain again 10 hours ago, currently facing an unrealized loss of $165,000.

According to on-chain analyst Ai Aunt (@ai_9684xtpa), a “smart money” address—previously accumulating 11,004 ETH at an average price of $3.45 in 2016 and ultimately realizing $30.38 million in profit—has been aggressively buying ETH on-chain over the past three days. Just 10 hours ago, this address purchased another 1,344.18 ETH (approximately $2.83 million). Its total accumulation over the past three days now stands at 6,627.79 ETH, valued at roughly $14.276 million. The average entry price for this newly accumulated portion is $2,153.95, resulting in a current unrealized loss of approximately $165,000; all on-chain USDC has been fully deployed into this accumulation.

A whale has opened 20x leveraged long positions on ETH and BTC, along with a 10x leveraged long position on DGE

Odaily reports, according to Onchain Lens monitoring, a whale has opened 20x leveraged long positions on ETH and BTC, currently holding 4,600 ETH and 1,182 BTC, as well as a 10x leveraged long position on DGE, currently holding 19.47 million DGE.

PeckShield: EchoProtocol Hacked on Monad, ~$820,000 Drained to Tornado Cash

According to on-chain analyst PeckShield (@PeckShieldAlert), Echo Protocol was hacked on Monad. The attacker minted 1,000 $eBTC out of thin air (valued at approximately $76.7 million), then deposited 45 $eBTC (approximately $3.45 million) into Curvance and used it as collateral to borrow roughly 11.29 $WBTC (approximately $867,700). The attacker subsequently bridged the $WBTC cross-chain to Ethereum, swapped it for $ETH, and laundered 384 ETH (approximately $821,700) via Tornado Cash.

Echo Protocol attacked, attacker mints 1000 eBTC and then withdraws funds via Curvance

According to Onchain Lens monitoring, Echo Protocol on Monad has been attacked. The attacker minted 1000 eBTC, worth $76.7 million, and withdrew the funds through Curvance via a previously tested attack path.As of now, the attacker has deposited 45 eBTC as collateral into Curvance and borrowed approximately 11.29 WBTC, worth $867,700; the attacker then cross-chained this portion of WBTC to Ethereum, swapped it for ETH, and transferred 385 ETH (worth approximately $818,000) to Tornado Cash. The attacker currently appears to still control a large amount of the minted eBTC.

Mysterious whale continues buying ETH, now holding $281 million worth

according to Onchain Lens monitoring, over the past 24 hours, the mysterious ShapeShift whale purchased 4,677 ETH for $9.94 million. This whale currently holds 133,700 ETH, valued at $281 million.

CoinShares: Digital Asset Investment Products See $1.07 Billion Weekly Net Outflow, Ending Six-Week Streak of Net Inflows

CoinShares’ latest weekly report shows that digital asset investment products experienced a net outflow of $1.07 billion last week—the first negative weekly flow in seven weeks and the third-largest single-week outflow of 2026. Bitcoin saw a net outflow of $982 million, while Ethereum recorded a net outflow of $249 million. In contrast, XRP and Solana saw net inflows of $67.6 million and $55.1 million, respectively. By region, the U.S. posted a net outflow of $1.14 billion, while Switzerland, Germany, and the Netherlands recorded net inflows of $22.8 million, $22.0 million, and $7.5 million, respectively. Total assets under management declined from $159 billion the previous week to $157 billion.

BlackRock Deposits 2,221 BTC and 26,572 ETH into Coinbase

According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 2,221 BTC—worth approximately $170.59 million—into Coinbase, and also deposited 26,572 ETH—worth approximately $56.17 million.

Goldman Sachs Fully Exited XRP and Solana-Related ETFs in Q1 and Reduced Holdings in Bitcoin and Ethereum ETFs

Goldman Sachs’ Q1 2026 13F filing with the U.S. Securities and Exchange Commission (SEC) shows a significant reduction in its holdings of crypto asset ETFs: it has fully exited all XRP-related ETFs and all Solana ETFs offered by Grayscale, Bitwise, and Fidelity. Its Bitcoin ETF holdings still include approximately $690 million in BlackRock’s IBIT and roughly $25 million in Fidelity’s FBTC—both down about 10% quarter-over-quarter. Ethereum ETF holdings declined more sharply: its position in the iShares Ethereum ETF (ETHA) was cut by approximately 70%, leaving about $114 million. Additionally, Goldman Sachs increased its stakes in Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal during the same period, while reducing positions in Strategy and Riot Platforms.

Goldman Sachs Liquidates XRP and Solana ETF Positions in Q1, Still Holds Over $700 Million in Bitcoin ETFs

Goldman Sachs significantly reduced its crypto ETF exposure in the first quarter of 2026 and has completely exited its holdings in XRP and Solana-related ETFs.Filings show that in the fourth quarter of 2025, Goldman Sachs held approximately $154 million in XRP-related ETFs, including products from Bitwise, Franklin Templeton, Grayscale, and 21Shares, making it one of the largest institutional holders of XRP ETFs at the time. Additionally, the firm previously held Solana-related ETFs such as the Grayscale Solana Trust ETF, Bitwise Solana Staking ETF, and Fidelity Solana Fund, all of which have now been fully sold off.However, Goldman Sachs still retains substantial holdings in BTC and ETH ETFs. Specifically, it holds approximately $690 million in BlackRock's IBIT and about $25 million in Fidelity's FBTC, though both positions were reduced by roughly 10% compared to the previous quarter. Meanwhile, its holding in BlackRock's ETHA shrank by about 70%, leaving approximately 7.2 million shares valued at around $114 million.Furthermore, Goldman Sachs increased its holdings in crypto-related stocks such as Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal, while reducing positions in mining and infrastructure companies like Strategy, Bit Digital, Riot Platforms, and IREN. (Cointelegraph)