Bernstein gives SpaceX a outperforming rating, with a target price of $239

According to Hyperinsight monitoring, the address 0x0ad of the giant whale increased its position by 1428.571 shares, approximately $2 million, when SK Hynix (SKHX) fell to around $1400. The address currently holds 6523.79 SKHX long positions, with an average price of $1559.32 and a current price of $1383.30, resulting in a floating loss of approximately $1.148 million; Simultaneously holding a MU long position of approximately 7.53 million US dollars, with a floating loss of approximately 978000 US dollars. The total floating loss of two semiconductor multiple orders is about 2.126 million US dollars. There are 5095 SKHX profit taking sell orders hanging above the address, with prices ranging from 1604 to 1615 US dollars.

According to Lookonchain monitoring, a certain address shorted 3753.56 SNDKs on Aster DEX with 10 times leverage, worth 6.27 million US dollars, with a current floating profit of 116000 US dollars and a yield of 18.53%.

Santiment data shows that PAXG has reached a historic high in the number of active addresses and has achieved a 5-month high in profits. （Cointelegraph）

Morgan Stanley has launched coverage research on SpaceX and given it a super rating with a target price of $300.

CryptoQuant analyst Darkfost stated that the apparent demand for Bitcoin is almost in the negative range this year. On June 3rd, the apparent demand for Bitcoin dropped to its lowest point of the year at -275000 BTC, and has now rebounded to around -75000 BTC. This indicator is calculated by the difference between the newly issued BTC and the supply of BTC that has not been moved for over a year. Currently, long-term demand has not yet reached the level that drives the market up.