News linked to both this project and an event.
due to profit-taking in AI concept assets and a decline in market risk appetite, Bitcoin has fallen to around $62,000, down nearly 16% from its high of over $74,000 last week. Market analysts believe that if Bitcoin loses the $60,000 mark, its next key technical support level could be around $55,000. Additionally, U.S. spot Bitcoin ETFs have recorded net outflows for 15 consecutive trading days, totaling over $4.7 billion. Meanwhile, Strategy disclosed this week that it has sold Bitcoin for the first time since 2022, which has also dampened market expectations for institutional buying.
According to data from Trader T (@thepfund), Bitcoin spot ETFs recorded a net inflow of $2.69 million yesterday, ending a 13-day streak of net outflows (totaling approximately $4.37 billion). BlackRock’s $IBIT saw a single-day inflow of $47.3 million, and Morgan Stanley’s $MSBT recorded an inflow of $9.87 million—making them the primary contributors. Meanwhile, ARK’s $ARKB experienced an outflow of $20.72 million, Bitwise’s $BITB an outflow of $15.57 million, and Invesco’s $BTCO an outflow of $12.65 million; all other products saw zero net fund flows.
According to on-chain analyst Onchain Lens (@OnchainLens), the wallet “0x466”—linked to the “7 Siblings”—borrowed $60 million and purchased 32,919 ETH at an average price of $1,762, spending approximately $58 million; $2 million worth of orders remain unfilled. Meanwhile, the dormant “old whale” wallet “0x293” sold 10,000 ETH at an average price of $1,772, cashing out roughly $17.72 million in USDC.
According to on-chain analyst Onchain Lens (@OnchainLens), as the market declined, the 3x BTC short position held by the whale “pension-usdt.eth” has generated a floating profit exceeding $3.2 million, and the whale has begun closing this position. Meanwhile, the whale has opened a new 3x ETH short position, and its size continues to increase.
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $90.14 million: BlackRock’s $ETHA saw an outflow of $44.27 million, Grayscale’s $ETH (mini) an outflow of $25.41 million, and Fidelity’s $FETH an outflow of $15.63 million; all other products experienced no fund flows. Meanwhile, BlackRock’s Bitcoin ETF $IBIT recorded a net outflow of 6,164 BTC (approximately $440 million) on the same day—its 11th consecutive day of net outflows—with a single-day trading volume reaching $2.2 billion.
According to Lookonchain monitoring, institutions and whales continue to increase their holdings of HYPE.Among them, Galaxy Digital withdrew 179,000 HYPE from Coinbase in the past 7 hours, worth approximately $12.62 million. Meanwhile, a new address starting with 0x6436 withdrew another 135,800 HYPE, worth approximately $9.73 million, 8 hours ago, bringing its total withdrawals over the past two days to 399,700 HYPE, worth about $28.92 million.The two addresses mentioned above have cumulatively bought or withdrawn 539,500 HYPE, with a total value of approximately $41.54 million.
According to the Central Bank of Russia’s “Financial Stability Review,” Russian private investors currently hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments—a figure nearly unchanged from 3.7 billion rubles six months earlier—indicating stagnation in market interest growth. Of this amount, 1.7 billion rubles flowed into crypto-linked corporate bonds; 5,600 investors collectively held cryptocurrency futures positions worth 1.7 billion rubles; and roughly 3,800 investors allocated 354 million rubles to digital financial assets pegged to Bitcoin and Ethereum. Major issuers include large banks such as Sber and VTB. Meanwhile, the Moscow Exchange has progressively launched Bitcoin and Ethereum futures, along with related ETFs, and will introduce Solana, Ripple, and TRON futures in May 2026.
According to on-chain analyst Yujin (@EmberCN), BTC spot ETFs have recorded net outflows for 11 consecutive trading days, totaling $3.452 billion; during this period, the BTC price fell from $81,710 to $70,111—a decline of 14.2%. Meanwhile, ETH spot ETFs have seen net outflows for 15 consecutive trading days, totaling $757 million; during this period, the ETH price dropped from $2,412 to $1,956—a decline of 18.9%.
According to independent analyst Markus Thielen, Bitcoin is down 16% year-to-date and is entering its historically seasonally weak June window—over the past decade, June’s average return has been just +0.7%. However, this year’s May rally significantly underperformed the historical average, raising the probability of a seasonal reversal. Meanwhile, several catalysts are set to materialize soon, including U.S.-regulated crypto perpetual futures products and Nasdaq CME Crypto Index Futures (scheduled for launch on June 8). If these bring new buying support, Bitcoin could stage a short-term rebound.
Odaily Odaily News According to Onchain Lens monitoring, HYPE has hit a new all-time high and broken above $72. Loracle (@loraclexyz) has closed over 50% of their HYPE short position, still holding 843,232 HYPE short positions, worth $60.7 million, with floating losses exceeding $22 million. Meanwhile, a whale holds a 5x leveraged long position on HYPE, with floating profits currently exceeding $46 million.
U.S. spot Bitcoin ETFs have experienced net capital outflows for nine consecutive trading days, totaling approximately $2.84 billion. This marks the longest consecutive losing streak since the product's launch in 2024, surpassing the previous record set on February 8, 2025. BlackRock's IBIT was the primary source of these outflows.Analysts indicate that this round of capital outflows reflects a notable cooling in institutional demand for Bitcoin ETF exposure. Meanwhile, the market is showing signs of divergence: Hyperliquid-related ETFs and certain XRP spot ETFs continue to record capital inflows. In contrast, spot Ethereum ETFs have also faced capital outflows for 13 consecutive days, with cumulative outflows reaching approximately $694 million. This suggests that capital within crypto asset ETFs is undergoing a reallocation. (Cointelegraph)
Julio Moreno, Head of Research at CryptoQuant, stated that the accumulation of Bitcoin holdings by whales and dolphins has stalled, reflecting persistently weak new demand and indicating that the current market structure resembles the bearish phase of 2022. According to the report, the year-on-year contraction rate of balances held by whales (those holding 1,000–10,000 BTC) is the fastest this year; while balances held by dolphins (those holding 100–1,000 BTC) remain year-on-year positive, they have fallen significantly below trend. Meanwhile, long-term holder supply has risen to 15.8 million BTC, whereas short-term holder supply has declined from 6.4 million BTC in December 2025 to approximately 4.2 million BTC.
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.
Wintermute stated that, as of May 25, BTC was trading at approximately $76,600 (down 1.5% weekly), while ETH traded at around $2,140 (down 1.7% weekly). Meanwhile, the U.S. equity market’s S&P 500 Index hit a new all-time high during the same period—highlighting a pronounced divergence between crypto and equities. BTC spot ETFs saw outflows of roughly $1.26 billion for the week, bringing cumulative outflows over two weeks to over $2 billion. Institutional buying—previously instrumental in driving BTC from $70,000 to $80,000—has clearly receded. The ETH/BTC ratio hit a fresh 10-month low, down 35% cumulatively from its August peak. On the macro front, the University of Michigan’s Consumer Sentiment Index plunged to a historic low of 44.8, while the one-year inflation expectation rose to 4.8%. NVIDIA reported Q1 revenue growth of 85% year-on-year and issued a Q2 revenue guidance of $91 billion—but saw virtually no after-hours reaction, suggesting AI-related trades are already fully priced in. Wintermute noted that BTC’s key support currently lies between $75,000 and $76,000; holding this range could enable a retest of $80,000, whereas a break below would rapidly open the $70,000–$72,000 zone. The near-term direction hinges on whether institutional capital returns to the market.
According to Mobile Payment Network, Alipay announced that its AI-powered payment solution has completed a cumulative total of 300 million intelligent-agent-based payments and supports 95% of mainstream intelligent-agent frameworks, claiming it has established an AI-native payment infrastructure ready for large-scale commercial deployment. Meanwhile, Alipay launched the AI Wallet and Token Pay: the AI Wallet targets individual users, offering intelligent-agent authorization, payment management, and bill inquiry; Token Pay targets large-model companies, providing solutions such as token top-ups and subscription-based payments. Alipay also stated that these services have already been deployed across scenarios including smart devices, intelligent vehicle cockpits, and AI tool platforms.
JUST’s 6th Anniversary × GasFree Super Carnival Month – Rewards Keep Growing! From May 25 to 31, users who create or log in to a GasFree wallet address using one of the designated wallets (TronLink Wallet, Klever Wallet, Guarda Wallet, or NOW Wallet), deposit USDT into their GasFree address, and conduct USDT transfers via GasFree are eligible to share in a $10,000 USDT prize pool. The more transfers you make, the higher your ranking—and the greater your chance to receive transaction fee reimbursements, up to $66 USDT per wallet address. Additionally, users who use GasFree for the first time during the campaign and successfully qualify for reimbursement will receive an extra “Easter Egg” reward of $20 USDT. Meanwhile, the first round of GasFree’s “Lucky 6” Golden Fish Campaign has already begun (May 25, 18:00 – May 26, 18:00 SGT). If your transfer falls at position #6, #66, #166, or other lucky numbers, you’ll instantly win $20 USDT. This campaign runs through May 29. Also, follow @DeFi_JUST and retweet with engagement—10 lucky winners will be randomly selected to share an additional $200 USDT in rewards. Create or log in to your GasFree wallet now and start your zero-gas-fee transfer journey—unlock multiple surprise rewards today!
Hyperliquid has recently significantly outperformed the broader market. Its token, HYPE, hit an all-time high following the launch of two related ETFs in the United States. Meanwhile, European traders are accelerating their migration to the platform due to restricted access to perpetual contracts on regulated exchanges. Market analyst Michael van de Poppe stated that with Hyperliquid's continued rally and renewed interest in AI-related crypto projects, signs of improving risk appetite are emerging in the altcoin market. Hyperliquid’s expansion into tokenized stocks, commodities, and pre-IPO assets is strengthening the on-chain asset tokenization trend. He suggested that if market sentiment continues to improve, HYPE’s price could target $100 or even higher.However, Michael van de Poppe also stressed that while Hyperliquid holds a short-term advantage, Solana offers greater long-term investment certainty, transitioning from a "speculative ecosystem" to institutional-grade infrastructure. In the AI track, he noted that NEAR Protocol and Bittensor remain significantly undervalued, citing a disconnect between their fundamental growth and valuations. He pointed out that NEAR’s revenue growth potential and Bittensor’s subnet expansion could support higher valuation ranges. Additionally, he indicated that the privacy sector retains long-term demand, but fully anonymous systems face regulatory pressure. The future is more likely to be dominated by zero-knowledge proofs and compliant privacy solutions.On the macro level, Michael van de Poppe highlighted that bond yields and central bank policies remain the core drivers of the crypto market, with changes in Japanese government bond yields potentially serving as a key barometer. (CoinDesk)
analysts suggest the rising yields on U.S. Treasury bonds and other major global economies' sovereign bonds are weakening the market's willingness to allocate to high-risk, non-yielding assets like Bitcoin. Meanwhile, amid tensions related to Iran, concerns over potential supply disruptions in the Strait of Hormuz are growing, prompting some speculative capital to flow into commodity markets such as crude oil, copper, and sulfur.Market数据显示，Bitcoin has dropped over 3% in the past 24 hours, falling approximately 10% from its recent high of around $82,500 on May 6. During this market downturn, U.S. spot Bitcoin ETFs continue to experience capital outflows. U.S.-listed spot Bitcoin ETFs saw net outflows of approximately $1.26 billion this week, marking the largest single-week capital outflow since January. The previous week also saw outflows close to $1 billion, with cumulative net outflows over the two weeks exceeding $2.26 billion.Additionally, there are emerging views that capital might be shifting towards trades related to SpaceX's potential IPO. Currently, trading volume for some blockchain-based derivatives in the pre-IPO market for SpaceX has reached millions of dollars. (CoinDesk)
Santiment released its weekly market summary, noting that Bitcoin ETFs experienced net outflows on 9 of the past 10 trading days, with Bitcoin’s current price around $77,500; it interprets this as a sign of weakening retail investor confidence. Meanwhile, Ethereum market sentiment has fallen to its lowest level since 2023, though its number of non-zero addresses stands at 192.92 million—more than three times Bitcoin’s approximately 59 million. Santiment also pointed out that the current Bitcoin bullish-to-bearish commentary ratio has risen to 2.23, the highest level within 2026; historically, such elevated sentiment often precedes short-term pullbacks.
According to Hyperinsight monitoring data, Hyperliquid’s cross-chain bridge has seen a significant increase in capital inflows. As of yesterday (approximately 10 hours ago) UTC time, USDC bridged into Hyperliquid over the past 24 hours exceeded $268 million—its highest level since February 7. Net inflows surpassed $173 million, reaching the highest level in nearly 10 months (since August 22 last year). On the same day, the total value locked (TVL) across Hyperliquid’s cross-chain bridges reached $4.02 billion. At press time, Hyperliquid’s trading volume over the past 24 hours stood at $7.84 billion, with open interest totaling $9.6 billion. Meanwhile, trade.xyz recorded a 24-hour trading volume of $2.59 billion and open interest of $2.49 billion during the same period.