pro

According to on-chain analyst Ai Yi's monitoring, a certain whale, which had built a position of 11,004 ETH at an average price of $3.45 in 2016 and made a profit of $30.38 million, has once again built a position in ETH after a year. One hour ago, it purchased 647.137 ETH on-chain at an average price of $2,211.49, worth $1.43 million. This address currently still has 14.19 million USDC available.

According to official data, in the 7 days ending May 14, Circle issued approximately 5.4 billion USDC, redeemed about 7.1 billion USDC, and the circulation decreased by approximately 1.7 billion. The total circulation of USDC is 76.5 billion, with reserves of about 76.7 billion USD, including overnight reverse repurchase agreements of about 48.3 billion USD; Treasury bonds with maturities of less than 3 months of about 16.1 billion USD; deposits from systemically important institutions of about 11.9 billion USD; and other bank deposits of about 500 million USD.

According to OnchainLens monitoring, as the HYPE price declines, the 5x leveraged HYPE short position established by Loracle.hl (Loracle.xyz) has returned to profitability, and its 5x leveraged CRBS short position currently has an unrealized profit of over 1.76 million dollars.Its total profit has now risen to 41.43 million dollars.

According to Sina Finance, multiple informed sources have revealed that the majority of SpaceX shareholders have voted to approve the board's proposal for a 1-for-5 stock split for this private company, while converting all Class C common stock into Class A common stock. This plan officially took effect automatically on May 4, 2026, local time.Informed sources stated that shareholders have received email notifications, and after the stock split is completed, the fair market price per share will be adjusted from the previous $526.59 to approximately $105.32.SpaceX emphasized in the notification that this stock split aims to proportionally adjust the price per share and increase the number of shares held by shareholders, without changing the overall value of the company or the total value of the shares held by shareholders.

According to token unlocking data from the Crypto asset data platform RootData, Zora (ZORA) will unlock approximately 16.667 million tokens at 21:00 Beijing time on May 23, worth about 2 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Spacecoin (SPACE) will unlock approximately 25.521 million tokens at 20:00 Beijing time on May 23, worth about 1.87 million USD.

According to token unlocking data from the Crypto asset data platform RootData, SOON (SOON) will unlock approximately 28.54 million tokens at 1 PM Beijing time on May 23, worth about 4.92 million USD.

Hyperliquid co-founder Jeff posted on the X platform, stating that he recently met with several policymakers in Washington, D.C. to discuss the ongoing "Clarity Act" and the cryptocurrency regulatory framework, focusing on promoting the compliance of on-chain derivatives trading markets in the United States.He mentioned that the discussions were divided into two levels: one part was more technical, involving Hyperliquid's on-chain trading architecture, global user demand, and its positioning as a financial innovation infrastructure; the other part was an introduction to the "first principles" of DeFi and on-chain markets, aimed at helping policymakers understand the relevant mechanisms and potential impacts.Jeff expressed that during these discussions, he sensed a "cautious but open" regulatory attitude towards the cryptocurrency industry from both parties in the U.S. and believes that the market is forming a policy window to promote the entry of on-chain derivatives into the U.S. system. He also emphasized that he will continue to advance relevant communications in Washington to strive for U.S. users to access Hyperliquid's on-chain trading market.

According to CoinDesk, on-chain analysis firm Arkham Data shows that over the past year, wallets associated with Bhutan have seen outflows of approximately $1 billion in Bitcoin, with funds flowing to multiple trading platforms and trading institutions, reducing their holdings from about 13,000 BTC to around 3,100 BTC.Arkham speculates that there may be ongoing selling behavior, and if the trend continues, the relevant addresses may be cleared of holdings before October 2026. However, Bhutan's sovereign fund Druk Holding and Investments (DHI) stated that "they do not recall any recent Bitcoin sales," did not respond to specific changes in on-chain addresses, and did not confirm the current holding size, only emphasizing that there are no additional comments.The report points out that some of the fund inflow paths are related to institutions such as Galaxy Digital and OKX, leading the market to interpret this as selling or over-the-counter trading behavior, but there are also possibilities of transfers into custody, collateralization, or structured trading that do not involve selling. Additionally, some trading institution personnel stated that there has been no clear selling recently.Furthermore, Bhutan's previous commitment to a reserve of 10,000 BTC for the "Gelephu Mindfulness City" project has also been questioned due to potential sell-offs. Currently, there is still significant disagreement regarding its actual holdings and mining operations.

According to Onchain Lens monitoring, the whale "0x02e" spent 629 ETH (worth 1.4 million dollars) to purchase 4.2 billion ASTEROID at a price of 0.0003329 dollars.

Aptos Labs announced that the world's first stablecoin pegged to the Korean won, KRW1, will be launched on the Aptos network. This stablecoin was chosen by BDACS Korea to be issued on Aptos, aiming to promote on-chain payments and digital business applications in Korea and the broader market.Aptos stated that the choice of its infrastructure for issuance is based on its full-stack blockchain capabilities oriented towards "market and machine," designed to support cross-border and local on-chain business scenarios.

According to Onchain Lens monitoring, a whale opened a long position of 180,000 HYPE with 10x leverage, worth 7.78 million USD, with a liquidation price of 32.8 USD.

According to Lookonchain monitoring, a newly created wallet has opened a long position of 20 million DOGE worth 2.25 million dollars on Hyperliquid at an average price of 0.11 dollars in the past 6 hours, with the current liquidation price at 0.10284 dollars.

According to Onchain Lens monitoring, BlackRock withdrew 1,768 BTC from Coinbase 5 hours ago, worth approximately $140.3 million.

According to Onchain Lens monitoring, 4 wallets withdrew 89,026 ETH from FalconX and Kraken, worth $197.85 million.

According to CoinDesk, after KelpDAO was attacked resulting in a loss of $292 million, the industry's scrutiny of the security of cross-chain infrastructure continues to heat up, with approximately $4 billion in assets having completed or currently migrating from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP).The DeFi protocol Lombard is the latest project to join this migration trend. The protocol announced it would abandon LayerZero and migrate over $1 billion in Bitcoin-backed assets to Chainlink CCIP, stating that this decision stemmed from a comprehensive internal security review following the April attack incident.Lombard issues two types of Bitcoin-backed tokens—LBTC and BTC.b—and will prioritize the migration of assets on chains such as Solana, Etherlink, Berachain, Corn, and TAC, while terminating the use of LayerZero on Morph and Swell. Lombard stated that the reason for choosing CCIP is its independent node operators, built-in rate limiting mechanisms, and audited infrastructure. Additionally, the protocol will adopt Chainlink's cross-chain token standard to achieve asset cross-chain circulation through a burn-and-mint model.Previously, Kelp DAO, Solv Protocol, Re, and the cryptocurrency exchange Kraken have all completed similar migrations, with these projects collectively transferring approximately $4 billion in assets. Chainlink Labs Chief Business Officer Johann Eid stated, "We are witnessing a continued wave of risk-averse migration within the industry."

Kelp announced on platform X that the rsETH protocol has fully resumed normal operation, and the related functions have been re-launched on the mainnet and all Layer 2 networks, with the overall system status restored to normal levels. The rsETH exchange rate has been updated, accounting for all staking reward earnings accumulated during the suspension period. Meanwhile, EIGEN rewards are now open for distribution to rsETH holders, covering the entire suspension period.In addition, the deposit and withdrawal functions have been restored on the mainnet and Layer 2 networks, and the rsETH asset support status has been fully restored to 100% backing. The official emphasized that the current rsETH has achieved complete and sufficient support on the mainnet and L2 networks, and all operational processes have returned to normal.

According to on-chain analyst @ai_9684xtpa, address 0x519...96a47 has now shorted 300,000 HYPE at 10 times leverage, worth 13.2 million dollars, with an opening average price of 43.398 dollars, currently facing an unrealized loss of 187,000 dollars.An hour and a half ago, he deposited 8.825 million USDC as margin into Hyperliquid, and the historical cumulative profit of that address is 5.965 million dollars.

THORChain has announced that one Asgard vault has been attacked, and trading has been suspended. Initial signs indicate that user funds are safe, and only the protocol's own funds are affected. THORChain stated that the network automatically detected abnormal behavior and suspended signing activities to prevent further fund transfers. The estimated loss is currently around $10.7 million.The announcement mentioned that one of the six Asgard vaults is suspected to have been breached, and related nodes have triggered the RUNE staking penalty mechanism due to unauthorized transfers. The current network has suspended Churn activities, and new connections and related operations will also be postponed until the investigation and repairs are completed.THORChain stated that preliminary investigations show that users' personal exchange transactions have not been affected, and all node operators have been asked to immediately check their infrastructure, key management systems, and operating environments for any anomalies.

According to Jinshi reports, U.S. interest rate futures indicate that the probability of the Federal Reserve raising interest rates by January next year exceeds 50%.