🕵️ Multicoin Capital is down over $40M on $AAVE and appears to be selling to cut losses.

Between Oct. 13 and Nov. 25, 2025, Multicoin Capital received 338,005 $AAVE ($73.7M) from Galaxy Digital OTC wallet at an average price of $218.

It is now sitting on losses of over $40M.

Over the past 5 hours, Multicoin Capital transferred 150,000 $AAVE ($14.92M) to Galaxy Digital OTC wallet and BitGo, likely for selling.

🇰🇷💰 According to Bloomberg, Hana Bank, one of South Korea’s largest commercial banks, acquired a 1 trillion won, or about $670 million, stake in crypto exchange operator Dunamu. Hana Financial Group announced that Hana Bank’s board approved the purchase of 228 million shares in Dunamu from Kakao Investment. Dunamu operates Upbit, South Korea’s largest crypto exchange.

🤔 Eric Trump stated at the Consensus conference that his family faced a comprehensive ban from the traditional banking sector, becoming the "most debanked family in the world." He believes the traditional financial system is broken and punitive toward consumers, citing that banks pay depositors only 10 basis points in interest while taking a 4% spread to build luxury skyscrapers.

Eric believes that cryptocurrency can eliminate exorbitant intermediary fees and democratize finance, while also serving as a decentralized store of value immune to political interference and natural disasters.

🇺🇸🗣 President Trump says the US made "fantastic trade deals" with China.

😱🤑 Fear & Greed Index for #BTC

🗽 On May 14 (ET), spot Bitcoin ETFs recorded total net inflows of $131 million, with BlackRock’s IBIT leading at $144 million in net inflows.

Spot Ethereum ETFs saw total net outflows of $5.6511 million, marking the fourth consecutive day of net outflows.

📊 Trader Evaded opened a 1x long on 14,829 $CBRS ($4.88M) near the top and is already down $502K.

📊 #HYPE #ETF Trading for the ETF Bitwise Hyperliquid will begin on NYSE today. theblock

🗣 Senator Elizabeth Warren says that the Cryptocurrency Clarity Act "will explode the economy" as it pushes a large portion of the economy towards cryptocurrency regulation.

🕵️ The Dartmouth College ETF invests in a Solana ETF, with its cryptocurrency holdings amounting to $14 million.
cointelegraph #etf

📊 #LINK #ZRO Kraken announced on Thursday that it is switching its cross-chain provider from LayerZero to the Chainlink interchain protocol. This decision follows a number of protocols that have made this move after the Kelp DAO hack in April. #hack

🇰🇷🤔 #OKB OKX plans to acquire 20% of South Korean cryptocurrency exchange Coinone.

🆕 $IRYS listed on Upbit spot (KRW)

💰 Loracle.hl's $CBRS short has turned profitable.

He was down $1.3M yesterday, but now he is up $584K.

🐳 Whales are still buying $HYPE!

Wallet (0xb5E4) linked to a16z just bought another 74,175 $HYPE ($3.38M).

Over the past month, the wallet has bought a total of 1.71M $HYPE ($72.81M).

🥷 According to ZachXBT, THORChain appears to have been exploited across multiple chains, including Bitcoin, Ethereum, #BSC, and Base. Stolen funds have already exceeded $10M.

🐳 Short-Term Whales Decide the Next Move

“If BTC can stabilize above this cohort’s cost basis, unrealized stress disappears and these whales may transition from defensive sellers into passive holders again, removing significant sell-side pressure from the market.”

🔮 Polymarket Named Exclusive Prediction Market Partner for Serie A.

🐳 Bears just lost $38M. Bulls lost $26M. #BTC exchange reserves hit a 7-year low.

May 14 liquidations:
$38.05M shorts
$26.84M longs

Net pain to bears. Same window, exchange reserves dropped to the lowest level since 2018. Supply leaving the orderbook. Whale addresses added 3.7% during the correction. The squeeze nobody screenshot.

🥷 AI-powered crypto hacks stole nearly $600M in just two attacks last month. Investigators have linked the exploits to North Korean hacking groups.

👮 Myanmar Proposed The Death Penalty For Major Cyber Scam Offences.

This Comes After Authorities Escalate Their Crackdown On Online Fraud Networks.