KEKIUS Short-Term Surge Exceeds 50%, Market Cap Rises to $44.7 Million

On May 17th, as monitored by Farside Investors, it was observed that there was a net inflow of $22.2 million in the US Ethereum spot ETF yesterday. This includes: - Fidelity FETH: +$13.6 million - Grayscale Mini ETH: +$8.6 million

On May 17th, as monitored by Farside Investors, the net inflow of $260 million into US Bitcoin spot ETF yesterday included: BlackRock IBIT: +$129.7 million Fidelity FBTC: +$67.9 million ARK ARKB: +$5.8 million Grayscale Mini BTC: +$4.6 million

On May 17th, based on CoinGecko data, the trading volume on the Upbit platform in the past 24 hours reached $1.824 billion, and the 24-hour trading volume decreased by 39.1%. Among them, the XRP/KRW trading pair accounted for 14.85% of the trading volume and ranked first in the Korean won market. The remaining top five in order were: NXPC, ETH, BTC, KAITO.

May 17th. According to the monitoring of on-chain data analyst @ai_9684xtpa, a whale address that borrowed coins to take a long position on ETH ultimately gave up. In the past hour, it liquidated 10,543 ETH at an average price of $2473.61 (approximately $26.08 million). Since the average price of the address's long position was $2608.36, this leveraged long position led to a total loss of $1.42 million. BlockBeats previously reported that the address initially "borrowed coins to take a long position on 8613 ETH" and during a market downturn 10 hours ago, it borrowed an additional 5 million USDT to purchase 1930 ETH.

On May 17th, as per The Block, Alchemy has obtained DexterLab, a Solana infrastructure provider. This acquisition is set to assist Alchemy in expanding its enterprise Solana services. The details of the transaction have not been made public. It is reported that DexterLab offers hosted web3 services to companies aiming to monitor the Solana ecosystem. It furnishes raw data APIs, real-time data feeds, and other services for the Solana mainnet as well as the broader SVM Rollup and sidechain ecosystem.

On May 17th, as per Bloomberg, Roelof Botha, a partner at Sequoia Capital, had his personal details stolen from Coinbase.