The recent pullback of Bitcoin has triggered the largest realized loss since the FTX crash in 2022, with short-term holders accounting for the majority of the losses, while long-term holders have relatively less losses, indicating that pressure is mainly concentrated on recent buyers. （glassnode）

[A certain whale shorted 375,000 HYPE within half an hour, nearly matching its spot holdings] According to data monitoring by mlmonchain, a certain whale shorted 375,000 HYPE in the past 30 minutes, valued at approximately $12.1 million. The size of this short position is almost equivalent to its spot holdings. The wallet currently holds 400,000 HYPE (valued at approximately $12.9 million), of which 200,000 have been staked, and another 200,000 are in the unstaking queue.

According to the popularity ranking, ZEC ranks first in popularity, while XNY has the largest increase. The popularity ranking is as follows: ① ZEC （$386.87，6.30%） ② BOB （$0.02070，-18.18%） ③ ETH （$3122.40，-2.29%） ④ XNY （$0.007334，76.85%） ⑤ AIA （$0.3447，-18.39%） XNY's main funds have strong selling power, with a net outflow of $1527700 in 24 hours and a transaction volume of $929 million in 24 hours, of which the main funds have a net inflow of $98900.

[HashKey Hong Kong IPO Plans to Raise at Least $200 Million, May Go Public This Month] Sources reveal that cryptocurrency exchange operator HashKey Holdings Ltd. plans to raise at least $200 million through an initial public offering (IPO) in Hong Kong. Investor subscription orders may begin as early as next week, and the company could go public this month. The exact size and timing of the IPO are still subject to adjustment.

[Cloudflare Service Interruption Causes OpenSea and Upbit Website Downtime] Due to a Cloudflare service interruption, OpenSea and Upbit websites experienced downtime, displaying a '500 Internal Server Error' message when users attempted to access them.