A Whale/Institution Unstakes 103,040.6 SOL, Worth $17.7 Million
According to Onchain Lens, a whale/institution has unstaked 103,040.6 SOL worth $17.7 million after being dormant for a month. The whale still holds 3,369,634 SOL, valued at $584.09 million.
Coingecko data shows that the stablecoin USDT's market cap has exceeded $150 billion, reaching a historic high, with a 24-hour trading volume of $33.46 billion.
According to Onchain Lens, 8 hours ago, the FTX/Alameda staking address unstaked 187,625 SOL (approximately $32.24 million). The wallet still has 5,203,577 SOL worth $913.54 million staked.
According to Lookonchain, a whale starting with 0x5D2F opened a short position on Bitcoin worth $44 million with 40x leverage, with a liquidation price of $112,660. Previously, the "Hyperliquid 50x Whale" (address starting with 0x51d9) shorted BTC again after 35 days, shorting 888.8 BTC (about $92.93 million) with 40x leverage, entry price of $104,094, and liquidation price of $105,689.
According to Coingape, Irish presidential candidate and UFC champion Conor McGregor confirmed a meeting with Salvador's President Nayib Bukele to discuss establishing a national Bitcoin strategic reserve plan. The meeting will take place during the "Bitcoin Sovereign Nation Summit", with McGregor advocating "returning monetary power to the people" through Bitcoin reserves. Besides Bitcoin, McGregor is exploring transparent applications of other cryptocurrencies in government processes, with Cardano founder Charles Hoskinson actively reaching out to discuss potential collaboration. Analysts speculate the final plan may include a combination of Bitcoin reserves and selected digital assets. His previously launched MEME coin REAL project failed to raise funds, but with the recent crypto market recovery and policy discussion heating up.
According to Lookonchain, a whale has deposited 5 million USDC to the Hyperliquid platform (cumulative deposit of $25 million USDC), shorting BTC, ETH, and SOL with 5x leverage. Currently, the whale has lost over $700,000.
According to Onchain Lens, crypto KOL Patricio Worthalter (@worthalter) sold 2,000 ETH at $2,506 per token, receiving 5.01 million USDC. The wallet currently holds 388.6 ETH, valued at approximately $985,000 at current prices.
According to on-chain analyst Yujin's monitoring, the "Hyperliquid 50x Whale" @qwatio has again shorted BTC. After 35 days, the whale again opened a high-leverage large position contract on Hyperliquid: using 2.683 million USDC as margin. ◉40x short 888.8 BTC (about $92.93 million), entry price $104,094, liquidation price $105,689. ◉10x short 1 million LDO (about $1.1 million), entry price $1.08, liquidation price $1.98.
According to Cailian Society, from May 10-11, China and the US held high-level economic and trade talks in Geneva, Switzerland. The Chinese delegation stated at the press conference that both sides conducted in-depth exchanges on economic and trade issues of mutual concern. The talks were frank, in-depth, and constructive, achieving substantial progress and reaching important consensus. Both sides unanimously agreed to establish a China-US economic and trade consultation mechanism, clarifying lead representatives to conduct further consultations on economic and trade concerns. China and the US will quickly finalize details and release a joint statement on the talks on May 12.
According to Onchain Lens, a newly created wallet withdrew 553,996 TRUMP tokens (worth $7.6 million) from Binance and OKX.
According to the official announcement, Canadian tech company Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF) recently announced a non-brokered private placement, issuing up to 5,454,546 units at $0.55 per share. Matador expects to raise up to 3 million Canadian dollars. Approximately one-third of the net proceeds are planned to be used for: purchasing Bitcoin; advancing the company's gold acquisition and Grammy business plans; general corporate purposes.
CICC International's public account stated that according to the Hong Kong SFC's circular on intermediaries engaging in tokenized securities-related activities, they submitted business plans for tokenized securities distribution and digital bond issuance, both confirmed by the regulatory body without further issues. They noted submitting a wealth management business plan to the Hong Kong SFC on January 21, 2025, intending to distribute or provide advice on tokenized securities to clients, covering types including structured products linked to multiple underlying assets (such as structured notes, OTC derivatives), SFC-recognized and non-recognized funds, and bonds. The Hong Kong SFC sent a confirmation email on May 7, 2025, with no further questions.
Token Unlocks data shows that APT, ARB, AVAX and other tokens will face large unlocks next week, including: Aptos (APT) will unlock approximately 11.31 million tokens at 2 AM Beijing time on May 13, accounting for 1.82% of current circulation, valued at around $67.5 million; Arbitrum (ARB) will unlock about 92.65 million tokens at 9 PM Beijing time on May 16, accounting for 1.95% of current circulation, valued at around $42.7 million; Avalanche (AVAX) will unlock approximately 1.67 million tokens at 8 AM Beijing time on May 17, accounting for 0.4% of current circulation, valued at around $41.3 million; Starknet (STRK) will unlock about 127 million tokens at 8 AM Beijing time on May 15, accounting for 4.09% of current circulation, valued at around $23 million; Immutable (IMX) will unlock approximately 24.52 million tokens at 8 AM Beijing time on May 16, accounting for 1.35% of current circulation, valued at around $17.9 million; Sei (SEI) will unlock about 55.56 million tokens at 8 PM Beijing time on May 15, accounting for 1.09% of current circulation, valued at around $14.5 million; Melania Meme (MELANIA) will unlock approximately 26.25 million tokens at 8 AM Beijing time on May 18, accounting for 6.63% of current circulation, valued at around $10.4 million; ApeCoin (APE) will unlock about 15.6 million tokens at 8:30 PM Beijing time on May 17, accounting for 1.95% of current circulation, valued at around $10.3 million
According to the latest data from 8marketcap, Ethereum's market cap has broken through $300 billion, currently reaching $303.57 billion, with a 24-hour increase of 4.17%, surpassing Coca-Cola ($303.53 billion) and rising to 40th place in global asset market value.
