HYPE hits a historic high, with significant gains and losses from whale long and short positions fluctuating

[An Address Withdraws 60.9 Million WLFI from Binance in Two Days] According to monitoring by analyst Yu Jin, an address has withdrawn 60.9 million WLFI from Binance to on-chain over the past two days, valued at approximately $3.55 million, with an average price of $0.058.

The Temporary team submitted an upgrade draft SIMD 547 at the Solana Governance Forum, proposing to adopt a cost model based on resource requirements. All newly added costs will be destroyed to increase the amount of SOL destroyed and match the cost with the calculated usage.

According to Bloomberg, Isabel Schnabel, a member of the Executive Committee of the European Central Bank, stated that stablecoins may pose risks to financial stability and monetary policy, including increasing the risk of financial runs, weakening the transmission effect of interest rates, and consolidating the dominant position of the US dollar. She believes that ensuring public currency as the anchor of the system is the best response, and the European Central Bank's strategy relies on digital euros as retail central bank digital currencies, as well as tokenized central bank currencies as wholesale CBDCs. Schnabel emphasized that the advantages of stablecoins stem more from underlying technology rather than the characteristics of the tool itself.

According to Lookonchain monitoring, address 0xc6fe made a profit of over $1.4 million in two days through leveraged trading of HYPE. Yesterday, the address opened an excess of 110735 HYPE (worth 7.6 million US dollars) with 10 times leverage and closed the position, earning a profit of 580000 US dollars. Subsequently, we increased our position and opened 204383 HYPE (worth 14.89 million US dollars) with 10 times leverage, resulting in a floating profit of 838000 US dollars.

Michael Saylor announced that he will distribute an annualized 11.5% Bitcoin dividend in June and plans to make large-scale purchases. （The Bitcoin Historian）