Arthur Hayes holds approximately 247,000 HYPE tokens, currently with an unrealized profit of over $6.5 million
May 21st: Per HyperInsight’s monitoring, Arthur Hayes currently holds 247,334 HYPE tokens valued at $14.5 million, with over $6.5 million in unrealized gains.
Arthur Hayes has repeatedly voiced his bullish outlook on HYPE, setting a $150 price target. He considers Hyperliquid a leader in decentralized perpetual contract platforms, noting it delivers genuine price discovery even when traditional exchanges—such as those for oil, precious metals, and U.S. stocks—are closed.
According to HTX market data, HYPE is now trading at $58.72, marking a 20.94% increase over the past 24 hours.
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Bitget's Pre-IPO Token preSPAX Hits All-Time High of $899, Surging Over 35% from the Subscription Price
On May 21st, Bitget’s market data shows the platform has launched preSPAX, the pre-IPO token for SpaceX. The token surged to a peak of 899 USDT and is now trading at 879 USDT, representing a 35% increase from its 650 USDT subscription price.
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A Whale Adds to Short Position Worth Around $20 Million in HYPE, Unrealized Loss Exceeds $1.88 Million
May 21: According to tracking from on-chain analytics provider Onchain Lens, as HYPE continues its upward rally, a whale wallet address (0x842) has boosted its HYPE short position fivefold to 353,832 tokens, valued at roughly $20 million. The address is now sitting on an unrealized loss of over $1.88 million. Separately, the wallet has sold an additional 61,044 HYPE, bringing its total HYPE sales to 125,444 tokens for a combined $6.5 million in proceeds, with an average selling price of $52 per token.
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US Media: US Intelligence Shows Iran Rapidly Rebuilding Military, Poses Significant Threat if Airstrikes Resumed
May 21 — Two sources with direct knowledge of U.S. intelligence assessments told CNN that Iran has restarted portions of its drone production amid a six-week ceasefire that began in early April. This signals Iran is rapidly rebuilding specific military capabilities damaged by U.S. airstrikes. Four additional sources said U.S. intelligence shows Iran’s military is recovering at a much faster rate than initially projected.
Iran’s reconstruction efforts include restoring capacity to replace destroyed missile sites, launchers, and key weapon systems from the conflict. That development suggests that if Trump were to resume airstrikes, Iran would still pose a major threat to U.S. regional allies. It also raises questions about how much long-term damage U.S. strikes actually dealt to Iran’s military capabilities.
A U.S. official added that while timelines for restarting production of various weapon components differ, some U.S. intelligence estimates indicate Iran could fully rebuild its dro
5 minutes ago
Arthur Hayes Hypes Up Long Again: One Step Closer to $150 Target
On May 21, BitMEX co-founder Arthur Hayes posted on social media, stating, “HYPE’s all-time high is coming ever closer, and its $150 price target is now closer than it’s ever been.” According to HTX market data, HYPE is currently trading at $57.31, marking a 17.8% gain over the last 24 hours.
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Former Bankless member reveals team has undergone a large-scale layoff, co-founder Ryan steps back as Bankless enters its "Second Age"
May 21. Former Bankless team member Lucas posted on social media today, sharing: "Figured I’d lay out what’s been unspoken—apparently Bankless laid off most of its entire team yesterday. There was no word of thanks, nor a public heads-up to help those team members land on their feet."
Prior to this news breaking, Bankless co-founder David Hoffman announced on X that he has sold all his Ethereum (ETH).
Another co-founder, Ryan Sean Adams, noted that Bankless’s first era has come to an end. He and David worked together for six years, exploring crypto, decentralized finance (DeFi), and unlocking Ethereum’s full potential. Bankless is now entering its second chapter. For this next phase, Ryan plans to step back to support David Hoffman as he explores crypto and broader frontiers. He’ll still show up on the weekly podcast (definitely not skipping the Rollup segment!), but will reduce his involvement in shaping content and conducting guest interviews. David will take the lead moving forwar
5 minutes ago
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