SOL Drops Below $170

On May 26th, according to HypurrScan data, whale James Wynn has raised his Bitcoin short position to $1.003 billion (9,402.73 BTC). The opening price is $107,077.2, the liquidation price is $110,450, and currently, there is an unrealized profit of $3.11 million.

On May 26th, as per the monitoring of Onchain Lens, following an 8-year dormancy period, a whale deposited 1,764 ETH into Kraken. The value of this deposit was $4.4 million, resulting in a profit of $3.93 million. The whale had acquired these ETH 8 years ago from Bitfinex at a cost of $469,000.

On May 25th, Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a new all-time high this week. This was mainly driven by institutions, with retail investors seemingly "absent" from this rally. A quick search on Google Trends with "Bitcoin" as the keyword will reveal that the search frenzy witnessed during the 2021 bull market is now completely absent. Although there was a brief wave of retail enthusiasm during the U.S. presidential election, a rapid meme coin frenzy briefly ignited market sentiment at that time. However, that wave of excitement has long since dissipated. Despite Bitcoin breaking through $111,000 this week and hitting a new all-time high, meme coin prices quickly declined, and retail enthusiasm also cooled off. Despite Bitcoin reaching a new all-time high, traders remain cautious, as evidenced by the lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may lay the foundati

On May 25th, according to HypurrScan data, whale James Wynn has expanded his Bitcoin short position to $937 million (8,750.5 BTC). The opening price is $107,069.1, the liquidation price is $110,790, and currently, he is facing an unrealized loss of $230,000.

On May 25th, based on the monitoring by on-chain analyst Wu Jinyu, a whale/institution that took part in the Ethereum ICO in 2015 and received 50,000 ETH (with an ICO price of $0.311) transferred the last 10,195 ETH from the address within the past hour to Kraken. The 50,000 ETH from the ICO cost $15,000. These ETH have been transferred to Kraken over the past 8 years at an average price of $1,555, with a value of $77.76 million. The overall return is 5,000 times.

On May 25th, Here is a preview of key events and data for next week: · Monday: Federal Reserve Chair Powell gives a commencement address at the graduation ceremony of Princeton University; the US stock market is closed due to Memorial Day; · Wednesday: Federal Reserve's Williams participates in a panel discussion at the Bank of Japan Institute for Monetary and Economic Studies; US Vice President Vance delivers a speech at the "Bitcoin 2025" conference; · Thursday: US initial jobless claims for the week ending May 24th, the Q1 Real GDP annualized rate is revised; the Federal Reserve releases the minutes from the May monetary policy meeting; · Friday: US April Core PCE Price Index YoY (Xinhua Finance).