According to news from CoinWorld, HYPE took a short position and liquidated 73,145.17 coins on May 1, 2026, which is roughly $3.26 million at current prices. This address has been actively engaging in high-frequency multi-coin swing trading, with an average holding period of about 20 hours. Since last October, they've turned an initial capital of around $20 million into nearly $100 million in profit. Their current position size is $773.95k, with an average price of $37.61. They're currently facing a loss of $640,979.32, with the current coin price at $41.01 and a liquidation price of $49.35.
Crypto news from BiJie Network: Trader Mahji Huang has increased his BTC long position by 25.00 coins, totaling approximately $2,012,000.00. His current position size is $21,447,250.00, with an average price adjusted from $76,685.80 to $76,801.60. The current P&L stands at +$326,803.92 (+60.95%), with the current coin price at $77,989.98 and a liquidation price at $74,100.05. This trader previously profited from blue-chip NFTs but has experienced significant drawdowns since last October, with funds shrinking from over $100 million to several hundred thousand dollars.
Crypto News: According to Wu, Polymarket's monthly fees hit $43.36 million in April, marking an all-time high and doubling compared to the previous month, translating to an annualized fee of about $520 million. Notably, Polymarket Global fees totaled $37.81 million, while Polymarket US fees reached $5.55 million. It's worth mentioning that these two major markets have captured over 97% of the on-chain prediction market fees.
According to CoinWorld news, the BTC short position for pension-USDT.ETH has seen unrealized losses expand to $98,748,868.75, with a loss ratio of 38.05%. The average entry price for this address is $67,992.10, while the current price is $77,866.97, and the liquidation price stands at $100,625.17, with a position size of $77,867,000.00. This whale typically profits through swing trading, employing a low leverage strategy with short cycles (average holding time of about 20 hours), primarily trading BTC and ETH, and has amassed over $20 million in profits since October of last year.
Crypto News: Riot Platforms reported that its data center revenue for Q1 hit $33.2 million, making up about 20% of its total revenue of $167.2 million. Despite a year-over-year drop in mining revenue, Riot sold 3,778 BTC during this period and still holds 15,679 BTC, valued at around $1.2 billion. The company has delivered 5 megawatts of capacity under its agreement with AMD, with plans for further expansion expected in Q2, while also progressing on its expansion efforts in Texas. Riot's stock price has surged about 7.9% in the past 24 hours, reflecting market optimism towards its diversification strategy and positioning in the AI infrastructure market.
Crypto World News: Trader Mahji Huang has upped his BTC long position by 50 coins on the Hyperliquid platform, totaling around $3.9069 million. His current holdings are valued at $19.4353 million, with the average entry price rising from $76,432.00 to $76,685.80. Currently, he’s sitting on a profit of +$263,776.85 (+54.29%), while the current coin price stands at $77,740.91 and the liquidation price is at $73,789.37. This trader previously profited from blue-chip NFTs but has faced significant drawdowns since last October, with his capital shrinking from over a hundred million to just a few hundred thousand.
Crypto News: The Matrixport linked address (sub-address 1) has flipped its ETH long from red to green. The P&L situation for this address is: from a loss of $781,764.97 (-17.40%) to a profit of $1,326,235.03 (+28.85%). The current average price is $2,265.44, the current coin price is $2,298.60, and the liquidation price is $1,343.69, with a position size hitting $91,944,000.00. This address has received multiple fund transfers from Matrixport (now rebranded as Bit), and it is now the largest on-chain ETH bull, with two other linked addresses collaborating on the position.
Crypto World News: Trader Maji Huang Li-Cheng has upped his BTC long position by 25.00 BTC, roughly equating to $2,020,325.00. His current portfolio size stands at $15,528,400.00, with an average entry price adjusted from $76,282.50 to $76,432.00. He's sitting on a P&L of +$241,985.12 (+62.33%), while the current price of BTC is $77,641.93 and the liquidation price is $72,811.53. This trader previously profited from blue-chip NFTs but has faced significant drawdowns since last October, with his capital shrinking from over a hundred million to just a few hundred thousand.
Crypto news from BiJie, Tether's Q1 2026 profit hit $1.04 billion, with reserve buffers reaching a record $8.23 billion, while maintaining a backing primarily in US Treasuries.
Over 28,000 Americans Sign Petition to Push Digital Asset Market Clarity Act
According to 99bitcoins, on April 30, over 28,000 Americans petitioned the Senate Banking Committee, urging lawmakers to schedule a review of the Digital Asset Market Clarity Act. This petition garnered around 15,924 signatures by April 28, highlighting organized voter pressure. The bill has received bipartisan support in the House and is set for a vote in 2025. The core of the petition is to push the Senate Banking Committee to schedule a review, allowing the bill to reach a full Senate vote. The legislation aims to provide a framework for classifying digital assets, clarifying which assets are securities and which are commodities, with a key focus on the level of decentralization. Supporters of the bill include Representatives French Hill and Jim Himes, as well as Senators Cynthia Lummis and Kirsten Gillibrand. Analysts predict that this bill could increase token listings on U.S. exchanges by 30% to 50%.
Crypto News: Fed official Kashkari stated that the risk of the Strait of Hormuz closing is putting continuous pressure on the oil market. This risk could affect the stability of global oil prices.
CryptoWorld news, Fed official Kashkari stated that the price shock from the long-term closure of the Strait could jeopardize inflation expectations, hence a "strong policy response" is needed.
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