MRVL Jumps to #2 on Hyperliquid's US Stock Hot List, with Daily Trading Volume Surpassing $300 Million

June 3: Renowned trader and chart analyst Peter Brandt—who accurately predicted the 2018 Bitcoin crash—shared in a recent post that Bitcoin is currently forming an expanding triangle pattern. This pattern has been relatively common in Bitcoin’s historical price action and is typically reliable. Target prices for these patterns are calculated based on projections from their breakout points. According to expanding triangle technical analysis rules, the target price equals the pattern’s total height, projected downward from the breakout level. The accompanying chart shows a broadening triangle (defined by diverging upper and lower trendlines). The breakout point is approximately near $74,000 (noted as $74,395 on the chart). When projecting the pattern’s height (the distance between the triangle’s highest peak and lowest trough) downward, the resulting target range is around $56,000.

**June 3: Analyst Adler’s latest note flags two key Bitcoin momentum signals turning sharply negative as of today. First, the Bitcoin Impulse indicator— which tracks the crypto’s price momentum—has dropped to -59, marking a sudden shift into negative market momentum. Second, the 30-day Net Taker Volume Position Change gauge, which measures shifts in active buying and selling pressure, has fallen below the zero line for the first time in nearly three months, signaling the active buying that fueled Bitcoin’s prior uptrend is largely exhausted.** **Momentum indicators typically lead shifts in fund flows, and right now, both fast and slow momentum gauges are deep in negative territory. The fast momentum is approaching -90, while the slow momentum slid to -59 after crossing below the zero line at the end of May. That said, the 30-day active buying demand indicator—though it just flipped negative—has not yet entered what Adler defines as “bearish territory.”** **Adler adds the market is tr

June 3 — Per Hyperinsight monitoring (via https://t.me/HyperInsight), ETH dropped to nearly $1,800 this morning. On Hyperliquid, the largest ETH long-position holder known as the “BIT Whale” is facing steep losses across four addresses in its portfolio. The group’s peak unrealized loss hit $51.5 million, though it has since narrowed slightly to $47.5 million. With an initial capital of $16.5 million, the loss is approaching three times its starting investment. Earlier tracking revealed one of the whale’s addresses had a liquidation price of $1,716. Amid ETH’s ongoing decline this morning, the address rushed to add roughly $5.74 million in margin across three of its positions over the past six hours to avoid liquidation. After this funding infusion, the adjusted minimum liquidation line is now $1,573. The whale holds a total long position of 120,000 ETH (worth approximately $224 million) on Hyperliquid, boasting an overall weighted leverage of about 18x. Its comprehensive average entr

June 3 (Reuters) – The UK’s Financial Conduct Authority (FCA) has issued a warning to football clubs, including Premier League sides, cautioning that signing sponsorship deals with unlicensed cryptocurrency firms and trading platforms could open clubs up to legal liability, money laundering risks, and reputational harm. The FCA noted that some unlicensed crypto companies operating in the UK are exploiting football sponsorships to connect with large fan bases, potentially violating UK financial promotion rules. Regulators have contacted several clubs about these partnerships and are urging them to conduct more rigorous due diligence. Lucy Castledine, FCA’s Consumer Investing Director, said millions of fans trust football club brands, and these clubs should not let unauthorized financial institutions leverage that trust to promote products that could put fans at risk. UK Sports Minister Stephanie Peacock added that while sponsorship revenue is critical to the football industry, fans h

On June 3, OnchainLens monitoring shows that a whale address has just opened a 1x leveraged long position on-chain using 41,113 shares of SPCX, with the total position amounting to roughly $4.04 million.

June 3rd. Per the official announcement, the Alpha Airdrop will open for claiming and trading starting today at 15:00 Beijing Time. This airdrop adopts an innovative Alpha Box model, with the airdrop pool containing tokens from multiple projects. Users holding at least 230 Alpha points are eligible to claim rewards on a first-come, first-served basis, and each claim costs 15 points. This airdrop features three reward tiers: Common (accounting for 80% of the total airdrop pool), Rare (15%), and Ultra Rare (5%), each tied to the value of a different Alpha Box. During the claiming process, the system will automatically assign users to one of these tiers, with rewards distributed proportionally based on each tier’s proportion. If all available rewards are not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes.