[10x Research: Bitcoin Negative Gamma Exposure May Ease by Late June] According to analysis by 10x Research, Bitcoin's total gamma exposure has remained negative since mid-January, currently reaching -$3.2 billion at the $82,000 strike price. In a negative gamma environment, market makers' trend-following trades exacerbate price volatility. As options concentrated on May 29 and June 26 expire, the suppressive effect of negative gamma may gradually dissipate, alleviating Bitcoin's downward bias. Currently, market demand for call options has surpassed that for put options, and institutions anticipate a shift in market sentiment toward bullishness.
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More >The central bank releases the first quarter of 2026 monetary policy implementation report
The central bank has released the first quarter of 2026 monetary policy implementation report, proposing to implement a moderately loose monetary policy, enhance policy flexibility and targeting, maintain sufficient liquidity, promote stable economic growth and reasonable price recovery. The report emphasizes improving the interest rate regulation framework, reducing financing costs, strengthening financial support for key areas, maintaining the basic stability of the RMB exchange rate, preventing systemic financial risks, and maintaining the smooth operation of the financial market.
Accumulated sales of 303700 HYPE associated wallets with BIT
According to Onchain Lens monitoring, wallets associated with BIT have sold 103700 HYPEs again. According to the data, the address has sold a total of 303700 HYPE coins and exchanged them for approximately 128 million USDC coins, with an average selling price of approximately $42.15. At present, the wallet still holds 99600 HYPEs worth approximately $414 million.
Address 0x7f5 opens 151100 BRENTOIL long positions
Monitoring shows that address 0x7f5 has opened 151100 BRENTOIL long positions with 1x leverage, with a total value of approximately $15.4 million. (Onchain Lens)
SUI prices rise by 50%, driven by multiple factors
The SUI price rose from $0.92 to a high of $1.39 on May 10th, and is now reported at $1.26, with trading volume increasing from $213 million to $2.5 billion. On May 10th, SUI Group Holdings converted 109 million SUI Treasuries from DeFi protocols to direct pledging, accounting for approximately 2.7% of the circulating supply, with 74% of SUIs already pledged. In addition, CME Group will launch SUI futures on May 29th, and Paga has reached a cross-border payment cooperation agreement in Africa. During the price increase period, the proportion of social interaction was 0.13% -0.15%, lower than the previous peak of 0.38%. On chain data indicates that institutional lock-in is the main driving factor. (Santiment)
Circle announces financial report, USDC circulation reaches $77 billion
Circle announced its first quarter financial report for fiscal year 2026, with USDC circulation reaching $77 billion, a year-on-year increase of 28%; The on chain transaction volume reached 21.5 trillion US dollars, a year-on-year increase of 263%. The total revenue and reserve income for the first quarter were 694 million US dollars, a year-on-year increase of 20%; Adjusted EBITDA was $151 million, a year-on-year increase of 24%; The net profit was $550 million, a year-on-year decrease of 15%. In addition, Circle disclosed that the ARC Token pre-sale financing reached $222 million, with a fully diluted valuation of $3 billion. The participating parties include a16z crypto, BlackRock, ARK Invest, and others. The company has also launched an AI agent payment infrastructure called "Agent Stack" that supports USDC.