Micron Technology closes long positions on Hyperliquid, profits $8.19 million

According to EmberCN monitoring, Micron Technology's largest long position on Hyperliquid, valued at $210 million, has been liquidated after taking profit: the address entered at $575, took profit at $956, and achieved a profit of $8.19 million.

On May 30th, Jason Smith, the chairman of the U.S. House Ways and Means Committee, stated that legislation on digital asset taxation must receive bipartisan support, otherwise it will not advance the relevant bill process. Subsequently, Representatives Steven Horsford, Max Miller, Suzan DelBene, and Mike Carey jointly proposed the "Parity Act" aimed at updating tax rules, strengthening investor protection, and preventing market manipulation. Steven Horsford stated that the bill will help ordinary investors participate in the market more safely; Max Miller believes that the current tax laws are no longer suitable for the development of digital assets. The Parity Act and the CLARITY Act are considered important components of the US cryptocurrency regulatory system.

The US Treasury Department announced sanctions on 8 individuals and 5 entities related to Iran as part of the "Economic Fury Operation", accusing them of purchasing goods for sanctioned users such as the Iranian Ministry of Defense through identity theft and fraudulent means.

According to SpaceX's S-1 filing with the US SEC, the company plans to list on NASDAQ under the stock code "SPCX", raising up to $75 billion with a target valuation of over $1.75 trillion. As of March 31, 2026, SpaceX holds 18700 bitcoins with a fair value of approximately $1.29 billion, which is close to $1.45 billion at current prices, exceeding Tesla's disclosed reserve of 11500 bitcoins. The cost of Bitcoin is approximately $661 million, with an average cost of $35300 per coin, and it is managed by a third party. In 2025, the revenue was $18.674 billion, and in the first quarter of 2026, the revenue was $4.694 billion, of which Starlink contributed $3.26 billion, accounting for 69%.

ParaFi Capital announced Adrian Uberto's promotion to President and continued to serve as Partner and Chief Operating Officer (COO); Anjan Vinod has been promoted to partner. Meanwhile, Jeff Park joined ParaFi as a partner and portfolio manager, having worked in investment related roles at multiple institutions such as ProCap Financial and Bitwise.