Giant Whale loracle.hl Bitcoin short position turns losses into profits, HYPE short position floating loss of $186 million

According to the People's Procuratorate of Cangshan District, Fuzhou City, a man stole someone else's Bitcoin wallet key and related data, illegally profiting about 900000 yuan. He was sentenced to 12 years and 7 months in prison and fined 300000 yuan by the court for theft. The procuratorial organ stated that although Bitcoin is not a legal tender, it has property characteristics, and related infringements will be held criminally responsible.

According to the popularity ranking, HYPE's popularity has decreased by 250000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① HYPE （$55.87，-6.59%） ② ZEC （$590.80，-5.19%） ③ NEAR （$2.06，-8.85%） ④ BSB （$1.22，36.91%） ⑤ EDEN （$0.09710，-31.23%） The main selling force of HYPE funds is strong, with a net outflow of $99.1249 million in 24 hours and a transaction volume of $6.117 billion in 24 hours, of which the main net outflow was $55.7486 million.

Monitoring shows that ETH has fallen to around $2000, with a floating loss of $279 million on a long position of 120000 ETH (worth $271 million) held by [Hyperliquid's largest multi leader]. Its average opening price for multiple positions is $2261, and currently ETH is close to falling below $2000. The clearing price for two of the addresses is around $1750, while the clearing price for the other two addresses is around $1350. (Ashes)

Eleanor Terrett revealed that the US Senate failed to reach an agreement due to differences in border security, and the Cryptocurrency Market Structure Act (CLARITY Act) has been postponed until early June to gain discussion time. Multiple priority issues are piling up, and the prospect of the bill entering the Senate plenary session in July and passing before its August recess is questionable. Senate staff are merging texts from the Agriculture and Banking Committee and advancing technical drafting during the recess.

According to Onchain Lens monitoring, Machi (@ machibigbrother) closed most of its 25 times leveraged ETH long positions and encountered partial liquidation again during the process. He currently holds 1700 ETH and is only $23 away from the next settlement, with a total loss of nearly $330 million. （Onchain Lens）