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Santander Soars 10% Intraday as Trader's Long Position Nets 284% ROI

1 hours ago

On May 22, Hyperinsight monitoring reported that SNDK (SanDisk) posted another sharp 10% gain during its last trading session, with its overnight price holding steady at a new high. The SNDK contract on the Hyperliquid platform trades at $1,540 as of now, with a daily trading volume of $101 million. The on-chain long position generating the largest gains from this rally belongs to wallet address 0x7b5. This address opened a 10x-leveraged long position on 2,050.7 SNDK tokens, earning $700,000 in unrealized profits so far. The wallet initially invested just $246,000 back in April, with an average entry price of $1,199—translating to a 284% return on its initial investment. Full Wallet Address: 0x7b51c5d9366077e1b3c1cba383389752f486071b
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NEAR briefly touched $2.25, becoming the top-ranked asset for liquidations in the past hour across the entire network

On May 22, HTX market data shows NEAR continues to surge, briefly breaking through the $2.25 threshold and is currently trading at $2.244. As a result, NEAR has taken the top spot in the hourly global crypto contract liquidation rankings, with $932,000 worth of short positions being liquidated.

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Binance Adds ALCX, COOKIE, DODO, EPIC, HEI, HFT, STORJ, SYN, and TLM to Watchlist

May 22 – According to official sources, Binance has added nine digital tokens—ALCX, COOKIE, DODO, EPIC, HEI, HFT, STORJ, SYN, and TLM—to its asset watchlist.

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Analysis: Bitcoin Derivatives Market Ends 8-Month Deleveraging Cycle, Binance's Open Interest Returns Above the 180-Day Moving Average

May 22. Analyst Darkfost (@Darkfost_Coc) shared on social media that Bitcoin has been stuck in a prolonged deleveraging phase in its derivatives market since events unfolded last October 10. Historically, when open interest drops below the 180-day moving average, it signals a slump in futures activity—driven by investors cutting risk exposure, which pushes open interest lower. Pressured by worsening global macroeconomic conditions and geopolitical uncertainty, traders broadly opted to trim their risky positions. On crypto exchange Binance, this deleveraging stretch lasted roughly 8 months; the last comparable period was during the 2022 bear market, right before FTX’s collapse. That said, the trend shifted as of early May. Binance’s Bitcoin open interest climbed from around $6.4 billion in March to roughly $8.96 billion currently, reclaiming its ~$8.75 billion 180-day moving average. This marks the official end of the deleveraging cycle. The return of investors to Bitcoin’s derivatives

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OKX will list AI/USDT (Gensyn) spot trading

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A Whale Shorts Hyperliquid Ecosystem Meme Coin PURR, Suffering $570,000 Unrealized Loss

May 22 — Per Hyperinsight monitoring, Hyperliquid ecosystem meme coin PURR rallied 18% today, driven by HYPE’s breakout to a new all-time high. The token is now trading at $0.1307, yet it still sits roughly 80% below its peak. PURR’s daily trading volume on the Hyperliquid platform has topped $10 million, with total value locked (TVL) coming in at $9.7 million. A bearish whale — who shifted from profits to losses during last week’s market rebound — saw their unrealized losses jump to $570,000 today. Over the course of this week, the wallet has withdrawn more than $1 million in total funds, representing a 160% loss on their initial investment. The address in question is currently short 12.695 million PURR with 3x leverage, holding a position worth around $1.66 million. The average entry price for the short is $0.0854, with a liquidation price of $0.3055. The wallet address: 0x6859da14835424957a1e6b397d8026b1d9ff7e1e.

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Binance will list GENIUS and OPG in spot trading

May 22 — Per official sources, Binance is set to list Genius Terminal (GENIUS) and OpenGradient (OPG) for spot trading at 7:00 PM on May 22 (Beijing Time), with Seed Tags applied.

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