Whale James Wynn has closed his $1 billion BTC short position, realizing a $15.86 million loss on the trade

On May 26th, Imran Khan, the Founding Partner of Alliance DAO, announced in a post on the X Platform that they are actively seeking "a few technically proficient co-founders who have a deep dedication to the crypto space." "You will be engaged in certain secret projects within Alliance, and you must be prepared to devote all your efforts." Imran Khan also mentioned that such projects, if successful, will bring about tremendous returns (Generational outcomes).

On May 26th, Hyperliquid announced on its social media platforms that the Hyper Foundation X account has been safeguarded. The Hyperliquid blockchain and all other social media channels remained unaffected and were in a secure state. The team indicated that with the help of the X Security Team, a comprehensive investigation is in progress. The account has always adhered to and will continue to adopt the best security measures. No internal systems, emails, or related credentials have been violated. Hardware two-factor authentication also remained intact. Sincere gratitude is extended to the X team for their prompt actions and support. In previous news, on May 24th, the official X account of Hyper Foundation @HyperFND was compromised.

On May 26th: This morning, former Coinbase CTO Balaji Srinivasan launched a commemorative token named after himself for his new book "The Network State" on the Zora network. Before falling back to $4.5 million, the market cap of the token exceeded $7 million. The trading volume since its listing has reached $4.3 million. In earlier news, ZORA witnessed a surge of over 30% in the past 24 hours. BlockBeats reminds users that such tokens are highly volatile, and caution should be exercised when making investments.

On May 26th, according to on-chain analyst Scam Sniffer (@realScamSniffer), a victim once more mistakenly transferred approximately $1.7 million to the incorrect address. Previously, this address suffered from a transaction history pollution attack and lost more than $840,000.

On May 26th, based on HTX market data, PEPE witnessed a short-term surge of more than 3% and is currently trading at $0.00001415.
Whale James Wynn initiated a 10x leveraged long position on PEPE, with a liquidation price of $0.000013132.

On May 26th, as per the monitoring of Onchain Lens, whale James Wynn initiated a 10x leverage long position on PEPE. Previously, James Wynn had achieved a profit of more than $26 million on his PEPE long position on HyperLiquid.