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5/28
20:53
Svmuureported that around 23:00 Beijing time on May 28, the SPACEX-USDH perpetual contract on Hyperliquid dropped from $2,277 to a low of $1,254 in 30 minutes, a decline of nearly 45%, before partially recovering to $2,157.
This crash led to the liquidation of 1,393 positions belonging to 405 users, with a nominal value loss of $1.51 million. The median margin for the liquidated positions was only $31, indicating a predominantly retail investor base. The contract is a synthetic perpetual contract based on SpaceX's market valuation. Since SpaceX is not publicly listed and has no public price benchmark, trading relies solely on private secondary markets accessible to qualified investors. (Coindesk)
20:48
Cryptocurrency exchange Gemini has launched Command Center, an AI-powered personalized market dynamics feature driven by Grok. The service, built in collaboration with Elon Musk's SpaceXAI and integrated into Gemini's prediction markets, provides real-time insights, signals, summaries, and predictions based on user preferences.
Additionally, SpaceX disclosed in its S-1 filing required for listing that it holds 18,712 Bitcoin, valued at approximately $1.36 billion. Gemini reported a net loss of $109 million in the first quarter of 2026, with total trading volume falling to $6.3 billion from $13.5 billion in the same period last year. On the day, GEMI closed up 6.8% at $5.18. (The Block)
20:43
SvmuuNews: DEGEN NEWS posted on the X platform that the founder and CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that they have had multiple meetings with the Hyperliquid team to discuss overlapping businesses and potential cooperation. The CEO noted that Hyperliquid has attracted attention for offering crude oil trading during weekends when traditional crude oil markets are closed.
Additionally, Hyperliquid has listed SpaceX derivatives trading. The CEO mentioned that they will watch to see if the price discovered in this private market on June 11, when SpaceX goes public, will impact the IPO. The CEO also stated that depending on the allowed leverage ratio, retail investors will bear significant capital risk in this IPO, which could potentially exceed the size of the IPO itself if it scales up.
20:29
Svmuu: The Chairman of the Iranian Parliament Committee stated that Iran has permanently taken control of shipping activities in the Strait of Hormuz, rather than temporary control. (Jin10)
20:19
Svmuu reports, according to Onchain Lens monitoring, a whale withdrew 450 BTC, worth $33.35 million, from Binance over the past 24 hours. The whale has accumulated 767 BTC, worth $56.45 million, over the past 3 months, currently facing an unrealized loss of $1.77 million.
20:11
Svmuu reports that Hypernova has announced the completion of a $3 million pre-seed funding round, led by Lemniscap, with participation from Very Early Ventures, CMS Holdings, Pivot Global, and multiple angel investors from the Hyperliquid ecosystem.
The project's main business is building a proprietary trading platform on Hyperliquid, using smart contracts to automate trader payouts, and dynamically determining whether to push positions to market based on trader quality. (The Block)
20:06
Svmuu reports that according to Tahax1 monitoring, DxSale allegedly siphoned $7.3 million from some of the earliest liquidity pools on BNB Chain, whose liquidity locks date back to 2021. This attack involved a covert ownership transfer, over 80 wallet hops, and the draining of more than 1,400 liquidity pools. Analysts believe there are strong indications of a direct link between the attacker and the DxSale team itself.
The attack address received 104 BNB from Bybit 20 hours ago as initial funding, then received over 1,200 BNB from multiple drained LP pools, and subsequently withdrew all funds through several Binance deposit addresses. Eye pointed out that DxSale was once promoted as a trusted infrastructure behind countless projects on BNB Chain.
20:04
Svmuu reports, according to Gate data, South Korea's KOSPI index touched the 8,400-point mark, up 2.64% intraday. Japan's Nikkei 225 index broke through the 65,000-point level, up 0.72% intraday.
20:04
Svmuu reports, according to Onchain Lens monitoring, Galaxy Digital received 1 million HYPE worth $61.5 million through unstaking, and subsequently deposited 500,000 HYPE worth $30.36 million to Bybit and OKX.
20:03
Svmuu reports, according to Lookonchain monitoring, the U.S. government wallet has transferred another $805,000 worth of tokens.
20:03
Svmuu News: Bitcoin News posted on X platform that U.S. Treasury Secretary Bessent stated, "There will be no central bank digital currency. We have ruled it out from consideration."
20:01
Svmuureports that US Vice President Vance told reporters that the US and Iran have not yet reached an agreement, but both sides are close to the goal, and the US currently has the ability to significantly delay Iran's nuclear program. Earlier, sources said that the US and Iran reached an agreement on Thursday to extend the ceasefire and lift shipping restrictions in the Strait of Hormuz, which still requires approval from US President Donald Trump.
Vance stated that there are still several sticking points in the negotiations with Iran, involving Iran's enriched uranium stockpile and enrichment activities. The two sides are repeatedly discussing some details of the wording, and the timing of the signing of the memorandum of understanding and whether it will be signed are still undetermined.
20:01
Svmuu reports that a report from CryptoQuant indicates that accumulation activity by Bitcoin whales holding between 1,000 and 10,000 BTC, as well as smaller whales holding between 100 and 1,000 BTC, has largely stalled, with monthly balance growth approaching zero. The report notes that the year-over-year contraction rate of whale balances is the fastest seen this year. While the balances of whales holding 100 to 1,000 BTC have maintained positive growth, the pace has slowed significantly, suggesting a continued cooling of structural demand in this cycle.
Meanwhile, the supply held by long-term holders has risen to a new all-time high of 15.8 million BTC, while the supply held by short-term holders has dropped from 6.4 million BTC in December of last year to approximately 4.2 million BTC currently. The report states that the current market structure closely resembles that of the early bear market in March 2022.
20:00
Svmuureports that the OTC whale (0xFB7) has once again purchased 20,000 ETH from FalconX, worth $40.48 million, and sent 50 million USDT to Wintermute, possibly for further purchases. The whale currently holds 143,906 ETH, valued at $317.6 million.
20:00
Svmuu reported that Sui mainnet activity has now been restored, after the network experienced an outage due to a crash bug in the gas fee logic introduced in version 1.72.
19:48
According to monitoring by Svmuu Seer Channel, in the Polymarket "NBA Western Conference Finals Game 6: Spurs vs. Thunder" prediction event, a smart money address (0x03e8a544e97eeff5753bc1e90d46e5ef22af1697), which has profited nearly $2 million, purchased $450,000 worth of Spurs defeating Thunder at an average entry price of 58.9¢, resulting in an unrealized profit of $4,700.
NBA Western Conference Finals Game 6 between the Spurs and Thunder is set to tip off today at 8:30 AM Beijing time. The current series score is 3-2 in favor of the Thunder. The Spurs have a fully healthy roster for this game; Thunder players Jalen Williams and Mitchell are listed as questionable.
Svmuu Seer Channel continues to monitor the prediction market, seeing the changes before the pricing.
12:57
Svmuu News: Tech giant IBM has announced plans to invest over $10 billion in the field of quantum computing over the next five years, further intensifying its focus on this cutting-edge technology track, with the goal of building the world's first large-scale quantum computer capable of stably and accurately executing complex computing tasks by 2029.
IBM stated that the $10 billion investment will cover multiple areas, including R&D expenditure, capital expenditure, ecosystem cooperation, manufacturing capacity expansion, and mergers and acquisitions. The company will also invest $1 billion in Anderon. In the future, Anderon will not only serve IBM itself but also provide its chip manufacturing technology to external customers. Currently, the company has begun engaging with potential customers. (Reuters)
12:55
Svmuu, AI unicorn Anthropic has announced the launch of the CLAUDE OPUS 4.8 version.
Additionally, officials from the European Commission are planning to meet with Anthropic to obtain more information about the company's Mythos model and request that it be made available to the EU. Since Anthropic revealed that the model is exceptionally adept at finding network vulnerabilities and may pose significant cybersecurity risks, the EU has been pushing for access to Mythos. According to sources familiar with the matter, any final decision regarding the EU's access to Mythos may require approval from the U.S. government.
12:53
Svmuu News Bloomberg ETF analyst James Seyffart posted on platform X, stating that Grayscale has submitted the fourth amendment to the Hyperliquid ETF, moving closer to its official launch, though fee information has not yet been disclosed. The latest revision shows that Hyper Holdings Global LP plans to provide approximately 2 million HYPE tokens as seed capital investment, valued at around $113 million at current prices.
12:50
Svmuu reported that Morpho announced on X platform the release of the Morpho Midnight whitepaper, unveiling a new non-custodial protocol specifically designed for fixed-rate, fixed-term credit markets. Meanwhile, the complete Midnight codebase has been open-sourced, and developers can directly access it via GitHub.

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