💸 $HYPE has hit a new ATH, crossing $72.

Loracle has closed over 50% of his $HYPE short and is now holding 843,232 $HYPE ($60.7M) short, with a floating loss exceeding $22M.

Meanwhile, whale “0x082” is holding a $HYPE (5x) long position and now has a floating profit of over $46M.

🚀 Persistence pays off!

6 months ago, trader 0x082e opened a 5x long on 1.38M $HYPE ($99.77M).

He was once down over $25M.

But as $HYPE kept rising and hitting new all-time highs, he finally turned it around.

He is now sitting on over $46M in unrealized profit!

🙅 Former Fed Chair Jerome Powell states that the Federal Reserve will not endure if officials are dismissed due to policy disagreements. #macro

🇮🇳🗣 #INR Coinbase announced the launch of direct INR rails in India, enabling users to deposit and withdraw INR via IMPS. Users can also trade spot markets and perpetual futures on major crypto assets.

Coinbase is registered with FIU-IND, complies with Indian tax requirements, has built local INR order books, and will continue to provide access to its global exchange.

🆕 $HNT listed on Bithumb spot

Hyperliquid

🕵️‍♂️ Someone just dropped $5M on $.

A newly created wallet (0x82C0) withdrew 5M $USDT from Bybit to buy 8.1M $ today.

🆕 $SLX listed on Upbit spot (KRW)

🆕 $SLX listed on Bithumb spot

🧑‍💻 Intel $INTC is set to launch a new AI chip this year to compete with NVIDIA and AMD.

😱🤑 Fear & Greed Index for #BTC

📊 #SOL #XRP #HYPE From May 25 to May 29 (ET), spot Bitcoin ETFs saw $1.42 billion in net outflows, the third-highest on record.

Spot Ethereum ETFs posted $241 million in net outflows, marking a third consecutive week of outflows.

Spot SOL, XRP, and HYPE ETFs saw net inflows of $2.36 million, $15.2 million, and $25.57 million, respectively. #etf

⚠️ BullX, a tool for trading meme coins, announces the suspension of trading in the current version of the app. The team is redirecting resources towards further development and improvement of the next version.

🕵️ Bitwise bought 112,158 $HYPE worth $8.18M from FalconX.

🔮 Wintermute claims it will provide liquidity in prediction markets as the industry continues to expand.
Cointelegraph.

🆕 $SLX listed on Binance futures.

🗣 #ZEC Forward Industries Chairman and Multicoin Co-Founder Kyle Samani commented that “Web3 is dead. All we have is DeFi and DePIN.”

Earlier, StarkWare CEO and Zcash/StarkWare Co-Founder Eli Ben-Sasson noted that crypto seems to be experiencing an identity crisis, as long-time OGs are departing while institutions and TradFi are finally showing interest. He stated that this situation is challenging crypto’s core narrative.

🐳 Whales are accumulating $BTC.

Two newly created wallets withdrew 984 $BTC ($72M) from BitGo an hour ago.

💸 A trader sold 9 $BTC for $981K 75 days ago and opened a $FARTCOIN long position. Today, the position was completely liquidated, resulting in a loss of $896K, leaving only $84.6K.

🥷 #BTC #ETH #SOL According to CertiK, losses from hacks on crypto platforms in May decreased to $68.3 million, which is nearly 90% less than the $650 million lost in April.

🐳 A high in long-term holder supply is concealing a larger issue.

The buyers that fueled this cycle are no longer accumulating.

Whale balances are decreasing, and dolphin growth is continuing to decline.

Dive into the details.