The three whales on Hyperliquid are long on Bitcoin, with a total position size of up to 1.03 billion US dollars

The goal is to gain exposure to bitcoin at a discount, with the aim of beating BTC's price performance in the long run.

According to PRO tracking, BTC experienced two instances of spot selling pressure at the level of tens of millions of dollars within the day: At 03:56, Binance's main force shipped $15.02 million, increasing selling pressure, and BTC failed to stabilize at $107000 in the short term 14: 28. Coinbase major investor sold $12.69 million, BTC briefly surged 108050 before falling below 107000 Editor's note: The main force often ships at important resistance levels, creating local highs and creating short-term downward pressure. On May 18-19, the main force of Binance shipped a total of $41.6 million at the 105k/106k/107k level, and BTC subsequently retreated by over 4.6%. The data is sourced from the main orders of PRO, for reference only, and does not constitute any investment advice!

Dogecoin consolidates below $0.26 as whales unload $40M in tokens. Analysts eye a potential breakout toward $0.35–$0.45 amid bullish chart setup.

A data driven metric reveals which companies are truly stacking sats and which are lagging behind the valuations investors are giving them.

According to The Block, Bitwise Chief Investment Officer Matt Hougan stated that the GENIUS Act passed by the US Senate may drive the cryptocurrency market into a multi-year bull market. Hougan pointed out that this is the most important regulatory breakthrough since the approval of the Bitcoin spot ETF in January 2024, which could expand the size of the stablecoin market from the current $236 billion to $2.5 trillion. He believes that DeFi assets such as Ethereum (ETH), Solana (SOL), and Uniswap (UNI) will be the main beneficiaries. But Democratic Senator Elizabeth Warren and others criticized the bill for potentially opening a backdoor for central bank digital currencies. Legislator Republican Senator Bill Hagerty stated that the bill will; Bringing the US payment system into the 21st century;. Data shows that supporters of encryption sent over 60000 petition emails to senators before the vote. The final version of the bill needs to be reviewed and voted on through amendments, and is expected to officially come into effect in the summer of 2025.