According to TradingBeats monitoring, "Maji" has closed all 1225 BTC long positions, resulting in a loss of $2.46 million in the past day and a total position value of $85 million. At present, "Maji" holds 27500 ETH worth approximately $65.428 million, with an average entry price of $2354.97 and unrealized profits of approximately $666300; Holding 250000 HYPEs worth approximately $19.595 million, with an average entry price of $79.4088, unrealized losses of approximately $257000, and a total floating profit of approximately $409300 from the two positions.

[The Bank Policy Institute Suggests Expanding Stablecoin Customer Identification Requirements to the Secondary Market] According to Bitcoin.com, the Bank Policy Institute (BPI) has submitted a letter of opinion to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, recommending that the customer identification program (CIP) requirements for stablecoins be expanded to the secondary market. The Bank Policy Institute (BPI) suggests that exchanges and other platforms that establish direct account relationships with retail customers and provide stablecoin trading services should implement customer identification requirements in accordance with the Bank Secrecy Act (BSA). The recommendation also covers certain decentralized market participants. FinCEN pointed out that expanding identity information collection to the stablecoin secondary market poses practical challenges, as on-chain traders often use anonymous or pseudonymous identities, and blockchain lacks a centralized node for unified identity information collection. Additionally, stablecoin issuers have limited ability to obtain customer information from the secondary market.

[European Commission Evaluates Including DeFi Lending Under MiCA Regulation, Legal Definition of Lending Vaults Poses Challenges] According to a report by Cointelegraph, the European Commission is assessing whether to include DeFi lending activities under the scope of MiCA regulation and initiated a related consultation on May 20, which will conclude on September 30. The legal classification of DeFi lending vaults has become a contentious issue, as their functions are executed through smart contracts and multiple participants, making it difficult to identify a single service provider. Taking Morpho Vault V2 as an example, its structure assigns responsibilities to roles such as owner, curator, allocator, and sentinel. Legal experts have pointed out that if regulation treats DeFi lending as a unified category, it could place products with differing economic functions under the same framework. Currently, MiCA excludes fully decentralized services, but partially decentralized activities may still fall under relevant rules.

According to Hyperbot data, due to the short-term decline in the cryptocurrency market, Ma Ji's 40x leverage Bitcoin multiple orders have all been closed, and the overall position value has dropped to $84 million, with an investment return rate of 7.32%. Ma Ji is currently increasing his holdings in HYPE and Ethereum multiple orders, holding 27300 ETH in 25 times leverage multiple orders with a floating profit of $550000; Holding a 10x leverage multiple of 250000 HYPE, with a floating loss of $29.5.

According to on chain analyst Ai Yi's monitoring, BTC fell below $76000, and Giant Whale "set 10 major targets first" to return to profitability with short positions. The giant whale holds 1830.724 BTC short positions worth approximately $139 million, with an average opening price of $76397.56 and a floating profit of approximately $800000; Holding 12756.739 ETH short positions worth approximately $30.25 million, with an average opening price of $2371.57 and a floating loss of approximately $30000.