An address went long on ZEC and HYPE within two days, with an unrealized gain of approximately $2.1 million.

On May 20, The Wall Street Journal reports that manufacturing startup SendCutSend has closed a $110 million funding round. The round is led by Sequoia Capital, crypto venture capital fund Paradigm, and Stripe co-founders Patrick Collison and John Collison, valuing the company at $1 billion. Paradigm, once a leading crypto-native VC firm managing approximately $12.7 billion in assets, has been refining its strategy since 2023. The firm has removed all mentions of "crypto" and "Web3" from its website, and co-founder Matt Huang has publicly noted, "The advancement of AI is far too compelling to ignore." Against this backdrop, the SendCutSend investment fits squarely with Paradigm’s shift toward focusing on "AI + Robotics + Advanced Manufacturing."

Ark Invest, Cathie Wood’s investment firm, bought approximately $4.4 million worth of Bullish stock across Monday and Tuesday’s trading days through three of its ETFs, per daily trade disclosures and day-end price data. The breakdown: Ark purchased 52,308 shares on Monday and 69,712 shares on Tuesday via three funds: the Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Blockchain and Fintech Innovation ETF (ARKF). The buys came amid a downward stretch for Bullish’s stock: over the past five trading sessions, its price dropped 15.4% cumulatively. Tuesday brought a small 1.88% rebound, closing at $36.23—though the stock still sits 16.7% lower month-to-date. Ark frames the position increase as routine portfolio management: the firm actively adjusts its ETF holdings to keep any single stock under 10% of a fund’s total portfolio, rebalancing when asset values shift significantly. On the fundamentals front, Bullish released mixed first-quarter results last week: its n

On May 20th, per Onchainlens monitoring, a trader has established a 20x long position on both BTC and ETH, with the total position value coming in at approximately $36 million.

May 20 – Market sources indicate South Korea’s Ministry of Labor will mediate the dispute between Samsung Electronics and its union, with talks set to resume at 4:00 p.m. local time (3:00 p.m. Beijing time).

May 20th — Per HyperInsight monitoring, Wall Street’s financial giant Citi has made a widely-publicized bullish call, boosting SanDisk (SNDK)’s price target by more than 50% to a new level of $2025. SNDK closed up 3.77% today, and its current price sits 46.4% below this new target. The bank also lifted Micron Technology (MU)’s price target to $840; MU was up 2.52% earlier on May 20th. Following yesterday’s news release, a large “whale” trader on Hyperliquid has opened parallel long positions in both MU and SNDK, with a total position size of approximately $10 million. As of this report’s publication, the position has generated an unrealized profit of $447,000, representing a 12.3% floating gain. The specific position details are as follows: - MU Long Position (10x leverage): 7,714.3 units held (≈ $5.5 million), average entry price: $687.5 - SNDK Long Position (10x leverage): 7,714.3 units held (≈ $4.55 million), average entry price: $1,319.4 Trader Address: 0x3ed4033676d0bdb3938728c

Cryptocurrency asset manager Bitwise is flagging Hyperliquid’s native HYPE token as one of the most mispriced assets in today’s crypto market—even as the token has seen sharp gains this year. In a Tuesday report, Bitwise Chief Investment Officer Matt Hougan said, “Hyperliquid is one of the most significant crypto projects in years. Its HYPE token is the top-performing large-cap crypto asset of 2026, up 77% year-to-date. Still, I think investors are underestimating its impact and value.” Hougan chalks up HYPE’s mispricing partly to the market only seeing Hyperliquid as a perpetual crypto futures exchange, when it should be valued as a “global super-app.” He points out the platform does far more than mainstream crypto futures trading: it supports stock trades, prediction markets, and other assets, with nearly half its current volume coming from non-crypto products. Last Friday, Bitwise launched its HYPE ETF on the New York Stock Exchange. A week prior, 21Shares rolled out a similar HYP