A certain whale engages in 40x leverage to long BTC, with a position size of $2.4 million

May 18: Per Onchain Lens monitoring, an address linked to Anchorage Digital pulled 397,000 HYPE tokens from Bybit and OKX, totaling roughly $18 million in value. That same wallet has stacked up a total of 2.13 million HYPE tokens over the past month, worth approximately $91.99 million.

May 18: Ethereum co-founder Vitalik Buterin will join a fireside chat today at 11:00 PM UTC+8, sitting down with Joseph Lubin—co-founder of both Ethereum and Consensys—and Vlad Novakovski, founder of Lighter. The discussion will focus on high-performance use cases within the Ethereum ecosystem, covering key topics like progress in Ethereum ZK Rollup applications, the scalability roadmap, and the future direction of Decentralized Finance (DeFi).

May 18 — Per HTX market data, Bitcoin hit $77,000 this morning, while Ethereum extended its losses. The ETH/BTC exchange rate has notched a new low for this bear market, now trading at 0.02752.

May 18 marked a pivotal legislative step for U.S. policymakers advancing the Clarity Act, which cleared a key 15-9 vote and locked in a bipartisan compromise on stablecoin yield rules. Bernstein analysts note this provision will structurally benefit Circle, further reinforcing its market position. The compromise text prohibits issuers from offering passive yields on stablecoin balances equivalent to interest on bank deposits, but explicitly allows incentives tied to actual usage—such as rewards for transactions, payments, and other real-world use cases. Notably, Circle does not directly provide passive yields to USDC holders itself; instead, it runs incentive programs through partners like Coinbase, using distribution arrangements and usage-based reward structures. In a Monday client report, Gautam Chhugani-led Bernstein team outlined that this legislative language safeguards "usage-based incentives" and the distribution framework supporting USDC growth, while curbing the prior mark

May 18th, Goldman Sachs’ Q1 2026 13F filing with the U.S. Securities and Exchange Commission (SEC) shows the Wall Street giant sharply scaled back its crypto-related ETF holdings this quarter. The firm fully liquidated all its positions in XRP-linked ETFs, plus every Solana ETF it held from issuers including Grayscale, Bitwise, and Fidelity. For Bitcoin ETFs, Goldman still holds roughly $690 million in BlackRock’s IBIT and about $25 million in Fidelity’s FBTC—but both stakes dropped by around 10% compared to the prior quarter. Ethereum ETF exposures saw a far deeper cut: the firm slashed its holding in iShares’ Ethereum ETF (ETHA) by roughly 70%, leaving just $114 million in that position. Looking at individual crypto and fintech stocks, Goldman increased its stakes in Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal during the first quarter, while trimming positions in names like Strategy and Riot Platforms.

Per Onchain Lens monitoring, on May 18, a trader shorted 5,151 units of SPCX — SpaceX’s Pre-IPO perpetual contract — with 3x leverage. The position carries a notional value of approximately $1.07 million, and its liquidation price is set at $250.41.