News linked to both this project and an event.
on-chain detective ZachXBT has exposed US threat actor Dritan Kapllani Jr., alleging his involvement in social engineering thefts targeting crypto users, totaling approximately $19 million.ZachXBT stated that Dritan has long been flaunting luxury cars,名牌 watches, private jets, and nightclub lifestyles on social media. On April 23, 2026, during a "Band 4 Band (B4B)" voice call on Discord, in an attempt to prove he was wealthier than another hacker, he publicly displayed an Exodus wallet containing $3.68 million in assets.The relevant ETH address is: 0x4487db847db2fc99372a985743a26f46e0b2bba6ZachXBT's tracking revealed that this address is linked to a social engineering theft incident on March 14, 2026, involving 185 BTC (approximately $13 million). The following day, Dritan's Exodus wallet received about $5.3 million from that theft. By the time of the B4B call six weeks later, approximately $1.6 million had already been spent or laundered.On May 11, the US Department of Justice unsealed a criminal indictment against Trenton Johnson, charging him with participation in the theft of 185 BTC. He faces a potential maximum sentence of 40 years in prison. The indictment refers to "Co-Conspirator 1 (CC-1)," believed to be Dritan, who has not yet been formally charged.ZachXBT also noted that Dritan is connected to hacker John Daghita (Lick), who was previously arrested for stealing $46 million from the US government. John had previously exposed Dritan's old wallet address on Telegram. On-chain analysis shows that this address is linked to multiple high-confidence social engineering thefts in 2025, with a cumulative total exceeding $5.85 million.ZachXBT stated that Dritan has long been active in the "The Com" hacker circle and had seemingly avoided formal prosecution due to being a minor. Now that he has turned 18, his "borrowed time may finally be over."
According to on-chain analyst Ai Yi, a whale withdrew 7,240 ETH (worth $16.87 million) from an exchange at a price of $2,330 yesterday. In the past 3 hours, the same whale deposited 5,819.8 ETH back to the exchange at a price of $2,284.79. If sold, this would result in a loss of $263,000, with the remaining position showing an unrealized loss of $65,000.
ahead of the release of the April US CPI data, the crypto market rally has temporarily stalled. Bitcoin has been oscillating within the $80,000 to $82,000 range recently, failing to break out effectively since last Wednesday. Market participants believe that while capital flows still point to the potential for a future breakout, inflation and macroeconomic risks are weighing on risk appetite.The United States will release the April Consumer Price Index (CPI) at 8:30 PM Beijing time tonight. According to FactSet data, the market expects April CPI to rise 3.7% year-over-year, up from 3.3% in March. If this forecast materializes, it would mark the largest increase since January 2024 and be significantly higher than the average of 2.7% over the past 12 months. Core CPI is expected to rise 2.7% year-over-year, up from the previous 2.6%.Analysts are concerned that against a backdrop of high oil prices and Trump's characterization of the US-Iran ceasefire as "extremely fragile," inflation data exceeding expectations could further trigger risk-off sentiment in the markets, dragging down risk asset performance.Lukman Otunuga, Head of Market Research at FXTM, stated that the market is entering a sensitive phase where geopolitical risks, inflation concerns, and central bank expectations are intertwined. High oil prices, uncertainties surrounding the Iran situation, and key US economic data could drive increased volatility in commodities, currencies, and global stock markets.Beyond macroeconomic factors, XRP and SOL are also approaching key supply zones again. XRP tested $1.50 today, but this level has repeatedly failed to be breached since February this year; SOL is once again nearing the resistance zone around $97.Meanwhile, institutional interest in related assets is heating up. The US spot XRP ETF recorded net inflows of $25.8 million on Monday, the highest since January 5th. Bitcoin and Solana ETFs also maintained net capital inflows, while the Ethereum ETF saw net outflows of $16.9 million. (CoinDesk)
According to Odaily, the latest 13F filing from Wells Fargo reveals that in the first quarter of 2026, the bank increased its holdings in multiple Ethereum spot ETFs, including BlackRock's ETHA and Bitwise's ETHW.Specifically, the ETHA position rose from approximately 672,600 shares in Q4 2025 to around 1.1 million shares, an increase of about 63.5%; while the ETHW position increased from roughly 186,800 shares to 257,000 shares, a gain of approximately 37%. As of the end of Q1, the total value of Wells Fargo's ETH ETF holdings stood at about $21.5 million.In contrast, its Bitcoin ETF holdings showed a divergence: the IBIT position declined slightly, while positions in BITB and the Grayscale Bitcoin Mini Trust ETF increased by approximately 24% and 41%, respectively. Currently, IBIT remains its largest crypto ETF holding, valued at around $250 million.Additionally, Wells Fargo made significant adjustments to its crypto-related stock portfolio, reducing its Galaxy Digital position by approximately 97%, while increasing its Strategy (formerly MicroStrategy) holdings from about 322,700 shares to 726,000 shares—a surge of roughly 125%. (Cointelegraph)
According to CoinDesk, the ETH/BTC ratio fell to 0.02835 on Tuesday—the lowest level since July 2025—and declined more than 35% from its August 2025 high of 0.04324. On the same day, Ethereum dropped over 2%, while Bitcoin fell approximately 1%. The ratio currently stands well below its 200-week moving average (0.04828), indicating a sustained long-term underperformance of Ethereum relative to Bitcoin on the technical chart. Analysis suggests that the continued inflow of institutional capital following the U.S. approval of spot Bitcoin ETFs in early 2024 has been the key driver behind Bitcoin’s outperformance over Ethereum.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 5,820 ETH—worth $13.3 million—into OKX and Bybit, marking its first such activity in one month.
Trader Eugene posted on his personal channel that, among major assets, SOL has demonstrated stronger relative strength compared to ETH and HYPE, positioning it as the first major cryptocurrency likely to break out of its three-month consolidation range. If SOL successfully breaks above the $96 resistance level, its next target would be the $120 zone—representing approximately 25% upside from current prices. Provided BTC holds its $80,000 support level, the trader stated he is willing to enter positions early to bet on SOL’s breakout.
according to Lookonchain monitoring, as updated on May 11, the Bitcoin ETF had a single-day net outflow of 3,685 BTC, valued at $298.89 million, and a 7-day net inflow of 7,287 BTC, valued at $591.04 million; the Ethereum ETF had a single-day net outflow of 6,492 ETH, valued at $15.1 million, and a 7-day net inflow of 24,921 ETH, valued at $57.97 million; the Solana ETF had a single-day net inflow of 70,721 SOL, valued at $6.76 million, and a 7-day net inflow of 451,400 SOL, valued at $43.15 million.
according to on-chain analyst Ai Yi's monitoring, a whale has cumulatively withdrawn 7,240 ETH from Bybit and OKX in the past 20 minutes, with a total value of $16.87 million and an average withdrawal price of $2,330. One hour ago, the whale had just deposited an equivalent amount of USDT to the exchange.
according to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy (MSTR) purchased 535 BTC ($43 million) at a price of approximately $80,340 last week. They currently hold a total of 818,869 BTC ($66.398 billion) at an average cost of $75,540, with a floating profit of $4.54 billion (+7.3%).Ethereum treasury company Bitmine (BMNR) purchased 26,659 ETH ($62.14 million) at a price of approximately $2,331 last week. They currently hold a total of 5,206,790 ETH ($12.132 billion) at an average cost of $3,539, with a floating loss of $6.297 billion (-34.1%). Additionally, 90% of their ETH (4.713 million coins) has been deposited into Ethereum staking to earn interest.
According to CoinShares data, digital asset investment products saw net inflows of $857.9 million last week—the sixth consecutive week of net inflows and the largest single-week inflow since April 24. Total assets under management rose to $160 billion. By asset: Bitcoin saw inflows of $706.1 million; Ethereum, $77.1 million; Solana, $47.6 million; and XRP, $39.6 million. Short-Bitcoin products experienced outflows of $14.4 million, while multi-asset products saw outflows of $5.5 million. By region: the U.S. recorded inflows of $776.6 million; Germany, $50.6 million; Switzerland, $21.1 million; and the Netherlands, $5 million.
According to on-chain analyst PeckShield (@PeckShieldAlert), the TrustedVolumes attacker has laundered approximately $278,000 of stolen funds to date, including depositing 10.2 ETH (approx. $23,600) into Tornado Cash and swapping 110 ETH (approx. $250,000) for BTC via THORChain. Additionally, the attacker attempted to deposit 0.5 ETH into Railgun but subsequently withdrew it. TrustedVolumes was attacked on May 7, resulting in losses of approximately $6.7 million.
According to on-chain analytics platform Lookonchain (@lookonchain), Matrixport has withdrawn 5,000 ETH from Binance, valued at approximately $11.67 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has staked 20,000 ETH via Everstake, valued at approximately $46.62 million.
according to monitoring by Ai Yi, the 1011 whale, which experienced a $230 million liquidation, deposited all of its remaining 225,000 ETH on-chain into Binance 8 hours ago, worth $526 million. With this, all 547,716 ETH on its chain have been transferred to the exchange, with an average deposit price of $2,338. The purpose is unknown.
According to on-chain analytics platform Lookonchain (@lookonchain), Garrett Jin (#BitcoinOG1011short) has deposited his remaining 225,627 ETH (approximately $528.19 million) into Binance. This brings his total ETH deposits into Binance over the past four days to 577,896 ETH, valued at roughly $1.35 billion. Data shows that most of this ETH was acquired eight months ago via BTC conversions, when ETH was trading at approximately $4,591; based on current prices, his unrealized loss stands at roughly $1.3 billion.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address 0xc79 purchased 2,153 ETH for $5 million USDC two hours ago at a price of $2,322 per ETH. The address currently holds 227 cbBTC, valued at approximately $18.68 million, and $5.13 million in USDC.
Odaily News Over the past year, the ETH/BTC trading pair has cumulatively fallen by more than 35%, with the market structure continuously weakening, raising concerns about further downside risks. Analysts point out that the ETH/BTC trend remains suppressed by a multi-year descending trendline, a structure that has repeatedly capped rebounds since 2022 and was accompanied by a nearly 70% correction during the 2024–2025 market cycle.Currently, after attempting a rebound in August 2025 to the confluence zone of the 0.382 Fibonacci retracement level and the 50-month moving average, ETH/BTC was rejected and has subsequently broken below support at the 20-month moving average, indicating sustained selling pressure dominance. Technical models suggest that if this weakness persists, the next key support level could be around 0.0176 BTC, representing approximately 40% downside from current levels and approaching the cycle low area of 2020.On-chain data shows that ETH reserves on Binance have continued to rise, reaching approximately 3.62 million coins as of May, accounting for about 24.6% of the total exchange holdings across the network, signaling increased potential selling pressure. In contrast, Bitcoin exchange reserves have continued to decline, reflecting tightening BTC liquidity and stronger holding sentiment.The analysis suggests that this divergence in data reinforces ETH's relatively weaker market structure. Meanwhile, at the narrative level, the "ultra-sound money" narrative surrounding Ethereum has cooled off, while Bitcoin continues to benefit from institutional allocation and corporate treasury demand, placing ETH under pressure from both capital flows and market narrative. (Cointelegraph)
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address swapped 40 BTC (approximately $3.23 million) for 1,384.6 ETH via THORChain, then transferred the funds into Tornado Cash for coin mixing.
according to Onchain Lens monitoring, the whale address 0x674 spent approximately $17 million USDC to purchase 7,284 ETH at an average price of $2,334, and subsequently transferred the ETH to Lido for staking.