Today
2025/05/30

Revolut plans to relaunch encryption services in the United States.

According to ChainCatcher news and reported by Cointelegraph, Mazen ElJundi, head of crypto assets at Revolut, stated that the company plans to relaunch its crypto assets services in the United States.
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Revolut Crypto Assets Head: Revolut Plans to Relaunch US Crypto Assets Services

PANews May 30 news, according to Cointelegraph, Mazen ElJundi, head of Revolut's crypto assets business, stated that the company plans to relaunch its crypto assets services in the United States.
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Liangxi: James Wynn has multiple hedging positions aimed at manipulating the emotions of speculators, and has shorted HYPE at $39.

The encryption KOL Liangxi accused the Whale James Wynn of using multiple accounts to manipulate the market, creating false impressions to lure investors. He believes James is a HYPE manipulator, enticing retail investors by manipulating market sentiment while shorting at high points himself. Liangxi predicts that the HYPE price will fall below $20.
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Cango: Will not sell Bitcoin, total holding reaches 3,398 coins.

According to a report by Golden Finance, the latest data from Cango Inc. shows that as of the week ending May 29, 2025, the company's Bitcoin mining output was 109.1 coins, a slight rise of 1.2% from last week's 107.8 coins. The company adheres to a zero-sale strategy and has accumulated a total of 3,398 Bitcoins.
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*ST Taihe: Plans to sell 5.5556% of Kaijun Development for 20.4242 million yuan.

Jin10 data reported on May 30th, ST Taihe announced that the company intends to transfer 6.0606 million shares of Kaiyun Development, which accounts for 5.5556% of its total shares, to Kaide Assets, with a total transfer price of 20.4242 million RMB. After the completion of this share transfer, the company will no longer hold shares in Kaiyun Development. This share transfer is mainly based on the company's current development plan, which is beneficial for integrating and optimizing the company's asset structure, improving the liquidity and efficiency of the company's assets, and also increasing operating funds to improve the company's cash flow situation.
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Fengler: Suspension of trading for control change planning

Jin10 reported on May 30 that Filinger announced that due to the actual controller Mr. Ding Furu planning a significant matter, this matter may lead to a change in the company's control. The company's stock will be suspended from trading starting June 3, 2025, for no more than 2 trading days.
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James Wynn: I don't regret opening a large position and will focus on building a community around moonpig

Whale James Wynn shared his experiences of earning huge profits and losses in Futures Trading on social media, expressing excitement and thrill about such trades. He doubled $4 million to $100 million, then fell to $13 million. He plans to invest time in helping to build a community centered around $moonpig. However, in the past 7 days, he has lost over $96 million, with a loss of $11.59 million in the last 24 hours, and an overall account loss of $14.03 million.
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Ethereum Foundation EthDev transferred 1000 ETH to an associated Address, approximately 2.6 million USD.

PANews, May 30 - According to monitoring by PeckShieldAlert, the Ethereum Foundation's EthDev has internally transferred 1000 ETH (approximately 2.6 million USD) to the associated address 0xc061...0B6d, which was previously funded by EF1.
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25 suspects in France will stand trial for planning the kidnapping of a Crypto Assets entrepreneur.

The French prosecution announced that 25 suspects will stand trial, accused of planning multiple kidnappings targeting Crypto Assets entrepreneurs. The cases include attacks on the families of the CEO of Paymium, as well as a thwarted kidnapping attempt in the city of Nantes. This has garnered significant attention from the French government, which has pledged to strengthen security measures to prevent similar incidents.
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Trader Eugene: James Wynn may be a positive figure in this circle.

Odaily News Trader Eugene Ng Ah Sio posted on his personal channel that James Wynn may be a positive figure for this circle: 1. Let you see the consequences of messing around with leverage; 2. Helped HYPE with a wave of free advertising; 3. Let me tell you that as long as you are "reclusive" and "foolish," making 100 million dollars is not a dream (of course, don't learn from him to lose back all that you earned).
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BiyaPay Analyst: The Federal Reserve (FED) meeting minutes reveal that inflationary pressures persist, how can investors respond to inflation?

The Federal Reserve (FED) meeting minutes indicate that inflation may persist for a longer period, and the global economic outlook is uncertain. In response to this backdrop, BiyaPay offers diversified investment and fund management tools, supporting multi-asset trading, helping users flexibly adjust their portfolios and diversify risks. In an inflationary environment, BiyaPay’s zero-fee trading and convenient USDT exchange services provide users with more channels for value preservation and appreciation, assisting investors in seizing market opportunities and achieving wealth rise.
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AAVE breaks through $250

Golden Finance reports that the market shows AAVE has broken through $250, currently quoted at $250.01, with a 24-hour fall of 6.96%. The market fluctuation is significant, please exercise risk control.
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Cuiwei Co., Ltd.: The company's operations have not undergone significant changes.

Golden Ten Data on May 30, Cuiwei shares issued an announcement on abnormal fluctuations in stock trading, and the company's shares on May 29, 2025 and May 30, 2025 for two consecutive trading days The closing price increase deviated by more than 20%, which is an abnormal fluctuation in stock trading. After the company's self-examination and verification with the controlling shareholder and actual controller, there is no material information that should be disclosed but has not been disclosed. At present, the company's production and operation activities are normal, and there has been no major change in the daily operation. The actual fluctuation of the company's stock price after excluding the overall market and sector factors is larger. Investors are advised to invest rationally and pay attention to investment risks.
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Buidlpad launches SAHARA community distribution, allocating 8.5 million dollars in Tokens.

Buidlpad announced the launch of the SAHARA Community Distribution Campaign, distributing 1.4167% of the total supply of Sahara AI tokens, worth $8.5 million. Sahara AI is a full-stack AI-native blockchain platform that can create, contribute, and monetize AI on any chain, driving a more open and fair AI future. The event will be held from June 8th to 18th, KYC registration is required, participants can subscribe through the event website, and the tokens will be 100% unlocked at Sahara AI's TGE, with no lock-up period.
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James Wynn Close Position BTC long order accumulated loss of 36.03 million USD

According to Gate News bot, monitored by Ai Yi, well-known trader James Wynn's BTC long order position has been completely closed, with a total loss of 36.03 million USD in this round. After he reopened the BTC long order on 05.26, he pulled back nearly a month's profit in just a few days. In addition, after closing the BTC position, he casually opened an 8.4 million USD kPEPE 10x long order.
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AAII: American investors' pessimism rebounds, bullish sentiment fades.

A recent survey by the American Association of Individual Investors shows that market pessimism has risen. The proportion of investors bearish on the stock market over the next six months has increased to 41.9%, while those holding an optimistic view has decreased to 32.9%. Respondents indicated that tariffs, the economy, and inflation are the most important considerations, accounting for 64%.
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James Wynn Close Position 40x leverage BTC long positions, single loss of 37.42 million USD, switched to 10x leverage go long PEPE

Odaily News According to Onchain Lens monitoring, Whale James Wynn has closed his 40x leveraged Bitcoin long positions, with a single transaction loss of 37.42 million USD. In addition, open a 10x leverage long position for PEPE again. James Wynn went from a profit of over 87 million dollars to a loss of 14.76 million dollars in just one week.
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Whale James Wynn has closed position.

BlockBeats news, on May 30th, Whale James Wynn has completely closed his position, stating "It's time for BTC to da moon. Thanks for the low price I provided."
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Santiment: The intensified profit pullback of Bitcoin does not indicate the end of the bull run.

In its latest bi-weekly report released on May 29, research firm Santiment said that increased profit-taking in Bitcoin does not necessarily mean that the bull market is coming to an end. By analyzing the Mean Dollar-Invested Age (MDIA) metric (i.e., the length of time Bitcoin stays in the wallet), Santiment found that the supply of Bitcoin has been active since mid-April. "In most bull cycles, the decline in MDIA is strong evidence that the bull momentum will continue," the report explains. From a technical point of view, the downward trend line indicates that old coins are re-entering circulation, thereby increasing utility and promoting the growth of the asset network. Bitcoin's MDIA has been steadily declining since mid-April, as tensions triggered by the initial tariff announcement began to ease. ”
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Gold is expected to decline this week, with the market focusing on tonight's PCE.

Golden Ten Data reported on May 30 that gold futures prices fell due to the strengthening of the US dollar. Although gold prices are still up more than 22% year-to-date, they are expected to fall this week. Gold appears to be under pressure as the US dollar strengthens as another safe-haven asset in the face of market volatility. For now, the focus has shifted to the personal consumption expenditures (PCE) data, which is scheduled to be released later on Friday. The inflation report, which is favored by the Fed, is expected to show a slowdown in price growth last month, opening up room for the Fed to ease monetary policy. In general, falling interest rates increase the attractiveness of non-interest-producing gold.
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WIF falls below 1 dollar

Golden Finance reports that the market shows WIF has fallen below 1 dollar, currently quoted at 0.99 dollars, with a 24-hour decline of 10.81%. The market fluctuation is significant, please ensure proper risk control.
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Mitsubishi UFJ: The Federal Reserve's late interest rate cut may lead to a weaker dollar.

Gate News bot, Mitsubishi UFJ analyst Derek Harpenny pointed out in a report that the Fed may need to cut interest rates later this year to support the economy, which could lead to a weaker dollar. He said the Fed's pause in rate cuts could last into the summer, and the market doesn't expect another rate cut until September. This means that the Fed is likely to lag significantly behind other G10 central banks in restoring interest rates to neutral levels that neither stimulate nor drag economic growth, and the Fed will need more easing at that time, which we believe will be a factor weighing on the dollar later this year.
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XRP falls below the 200-day SMA, traders are following The Federal Reserve (FED) preferred inflation indicators.

Gate News bot News: On Friday, the crypto market sentiment was sluggish, XRP lost key support levels, Bitcoin and other major coins also fell, and traders are still waiting for the Federal Reserve's preferred inflation gauge - core personal consumption expenditures (PCE). XRP fell below the 200-day simple moving average (SMA) for the first time since April 10, suggesting that the downward momentum is gaining momentum, and despite the increasing demand for XRP as a financial asset for businesses, it does not appear to have been an effective boost to prices against the backdrop of the overall market downturn.
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Mitsubishi UFJ: The Federal Reserve's late interest rate cut may lead to a weaker dollar.

On May 30, Mitsubishi UFJ analyst Derek Harpenny pointed out in a report that the Federal Reserve may need to support the economy by cutting interest rates later this year, which could lead to a weaker dollar. He said the Fed's pause in rate cuts could last into the summer, and the market doesn't expect another rate cut until September. This means that the Fed is likely to lag significantly behind other G10 central banks in returning interest rates to a neutral level that neither stimulates nor drags down economic growth. This means that the Fed will need to do more easing by then, which we think will be a factor in weighing on the USD later this year.
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pump.fun deposited $25.74 million SOL into CEX, accumulating over $380 million this year.

Gate News bot reports that Onchain Lens monitoring shows pump.fun has deposited 156,425 SOL to CEX again, worth 25.74 million USD. Since the beginning of 2025, the platform has sent a total of 2,344,517 SOL, worth 383.77 million USD.
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Analysts: Whales have increased their holdings by over 1 million ETH in the last 48 hours.

Gate News bot news, on-chain analyst Ali posted on social media stating that Santiment data shows some of the largest Whales have increased their holdings by over 1 million ETH in the past 48 hours.
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SHIB technology and macro indicators show a bearish trend

From May 29 to May 30, 2025, the SHIB price fluctuated between $0.000013252 and $0.000014508 (a fluctuation of 8%), and the key support level appeared near $0.000013285, with obvious buying pressure, triggering an upward reversal. In contrast, resistance near $0.000014500 indicates that the upward momentum is waning. With SHIB stabilizing at around $0.000013390 at the close of trading on May 30, the decline in trading volume suggests that investors are cautious. Macroeconomic factors, such as heightened geopolitical tensions and trade policy shifts, have increased volatility in the cryptocurrency market, including SHIB. In addition, the microeconomic backdrop suggests an influx of more than 2 trillion SHIB into exchanges, which, combined with a descending triangle pattern, bodes well for a possible bearish trend.
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Michael Saylor discusses Bear Market strategies: flexibility and optionality are at the core of the Strategy.

Gate News bot reported that at the Bitcoin 2025 conference in Las Vegas, Michael Saylor, executive chairman of Strategy (MSTR), was asked how the company would respond if the company's net asset value multiple (mNAV) fell below 1 like the last bear market. Assuming Strategy's share price falls to $1 tomorrow, the company will recapitalize the company by selling its preferred shares or fixed-income instruments, STRK and STRF, and using the proceeds to buy back common shares, he said. Saylor stresses the importance of flexibility: "To create value, you need to create option value to generate as many options as possible. The more options, the greater the value. He concludes by asserting that "our company is a giant because of its multiple market offerings (ATMs) in multiple capital markets," highlighting Strategy's multi-channel liquidity and financial resilience.
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Four consecutive boards of Debang Logistics: Currently, unmanned logistics vehicles have not been practically applied.

Jin10 data reported on May 30th, Debang Co., Ltd. announced an abnormal fluctuation in stock trading. The company has noticed a recent market focus on the hot concept of "unmanned logistics vehicles." Currently, the company has not yet practically applied unmanned logistics vehicles, and this related hot concept will not affect the company's performance.
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Willy Woo: If BTC does not rebound within two days, the market may enter a period of low volatility for a while.

ChainCatcher message, encryption analyst Willy Woo stated on the X platform that if BTC does not show a rebound trend within the next two and a half days, it will form a bearish divergence on the weekly chart, and the market may then enter a period of low volatility.
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The new bank Ether.fi has launched a Crypto Assets hotel booking service.

Gate News bot news, Ether.fi announced the launch of the Ether.Fi Hotels feature, allowing users to book luxury hotels worldwide using the Ether.fi Cash card. Last month, the company transformed from a staking protocol into a new type of bank with $6.8 billion in user deposits, offering traditional banking services while integrating its existing native Decentralized Finance features, such as earning yields through Ethereum staking. This latest feature was launched in collaboration with Entravel, a travel booking platform that features thousands of hotel brands worldwide. Users receive 5% cash back for each booking made with the Ether.fi Cash card.
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Cayen Technology: A total of 5.128 million shares were reduced in Fu Mountain Bay, Fu Ning Bay, Zhuo Shang Stone, and Zhuo Shang Bay.

Jin10 reported on May 30 that Kain Technology announced that shareholders Fushan Bay, Funing Bay, Zhuoshang Stone, and Zhuoshang Bay have cumulatively reduced their holdings of the company's shares by 5.128 million shares, accounting for 3.00% of the company's total share capital, due to their own funding needs through Block Trading and centralized Bidding. This reduction plan has been completed.
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Whale closed a long order of 1200 BTC, holding for 17 hours with a loss of 4.48 million dollars.

According to Gate News bot, on-chain analyst Yu Jin has monitored that a whale closed a long position of 1200 BTC ( worth 126 million USD ) half an hour ago, with a loss of 4.48 million USD after holding for 17 hours. He opened the BTC long position last night at around 108,700 USD, but subsequently, the BTC price continued to decline. Half an hour ago, he chose to cut loss and close the position at around 105,000 USD, incurring a loss of 4.48 million USD.
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The whale opened a long position of 1200 BTC last night, and after holding for 17 hours with a loss of 4.48 million dollars, it exited with a stop loss.

Odaily News According to Yujin monitoring, a Whale closed its Long Position of 1200 BTC half an hour ago, worth approximately 12.6 million USD. The Position was held for 17 hours, resulting in a final loss of 4.48 million USD. Data shows that the address built a Long Position on BTC at an average price of about 108,700 USD last night, and then the BTC price continued to decline. Ultimately, the address chose to stop loss at around 105,000 USD.
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Medici: Chen Jianhuang reduced his holdings by 3,009,900 shares.

On May 30, Jin10 reported that Medici announced that shareholder Chen Jianhuang had cumulatively reduced his shareholding in the company by 3,009,900 shares through centralized bidding and Block Trading, accounting for 2.23% of the company's total share capital. The reduction plan has been completed, and Chen Jianhuang currently holds 9,029,600 shares of the company, accounting for 6.70% of the company's total share capital. This reduction is due to the shareholder's own funding needs and does not trigger an acquisition offer, nor will it lead to changes in the company's controlling shareholder or actual controller.
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Samourai Wallet co-founder cites FinCEN guidelines to seek dismissal of lawsuit by the U.S. Department of Justice.

Gate News bot news, the co-founders of the Bitcoin privacy application Samourai Wallet, Keonne Rodriguez and William Hill, were previously charged with operating an unlicensed remittance business and conspiracy to commit money laundering. They submitted a joint motion requesting a federal judge in Manhattan to dismiss the charges. In a new court filing, they argued that the Justice Department's case should be dismissed because it violates years of Treasury policy and could criminalize open source software. The two's lawyers stated that Samourai Wallet has never handled user funds and, under federal law, should not be considered a financial institution or remittance agency.
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*ST Weidi: Cancellation of delisting risk warning, suspended for 1 day

On May 30, ST Weidi announced that the company revoked the delisting risk warning, the stock was suspended for 1 day, and trading will resume from June 4, 2025. After the revocation, the stock abbreviation was changed to "Weidi shares", and the daily rise and fall limit of the stock price was adjusted to 10%. The company's net profit in 2024 will be 5.0555 million yuan, and the net profit after deducting non-recurring gains and losses will be 4.1528 million yuan, both of which will achieve positive values and meet the conditions for revoking the delisting risk warning.
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An investor closed a BTC long position, incurring a total loss of 8.18 million dollars.

Gate News bot reports that according to Onchain Lens monitoring, an investor closed a BTC long position, losing a total of 8.18 million dollars, and withdrew the remaining funds from HyperLiquid.
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Yinghantong: Plans to adjust the upper limit of the share repurchase price from 38 yuan/share to 65.04 yuan/share.

Jin10 reported on May 30 that Yingtan Technology announced that, in light of the recent continuous rise in the company's stock price exceeding the upper limit of the buyback plan set at 38 yuan/share, and based on confidence in the company's future stable development and recognition of the company's value, as well as to ensure the smooth implementation of this buyback plan, the company intends to adjust the upper limit of the buyback price from 38 yuan/share to 65.04 yuan/share.
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Lawmakers submit encryption payment regulation bill to the Guatemalan Congress

Gate News bot message, Guatemalan Congressman Shirley Rivera recently submitted a draft cryptocurrency bill to Congress aimed at clarifying the rules that citizens and businesses must follow when using these tools. The draft contains 15 provisions that regard crypto assets as tools to enhance financial inclusion, and calls for the nation to innovate and promote their application. One of the provisions states that even if cryptocurrency is not recognized as legal tender, it can still be used voluntarily in transactions.
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LME sign up and cancellation warehouse receipt daily report

LME non-ferrous metal registration and cancellation warehouse receipt situation: copper increased by 400 tons, aluminum decreased by 2175 tons, nickel decreased by 738 tons, zinc decreased by 1925 tons, lead decreased by 2375 tons, tin remained flat.
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LME Non-ferrous Metals Inventory Daily Report

Golden Ten Data on May 30, the London Metal Exchange (LME) non-ferrous metal inventory and changes are as follows:1. Copper inventories were 149875 tons, a decrease of 2,500 tons. 2. Aluminum inventory 372525 tons, a decrease of 2,550 tons. 3. Nickel inventory was 199,380 tons, a decrease of 762 tons. 4. The zinc inventory was 139,150 tons, a decrease of 2,225 tons. 5. Lead stocks were 286175 tons, a decrease of 2,375 tons. 6. Tin inventory was 2,680 tons, flat.
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European Central Bank Governing Council member Panetta: The space for monetary policy has been reduced, making it difficult to further cut interest rates.

Gate News bot news, ECB board member Panetta stated that the space for monetary policy has narrowed, making further interest rate cuts difficult, but the macroeconomic outlook remains weak, and trade tensions may exacerbate the situation.
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A certain Whale sold 395,413 HYPE at an average price of $36.7 from May 23 to 26, with a total profit exceeding 22 million USD.

PANews May 30 news, according to Onchain Lens monitoring, a Whale sold 395,413 $HYPE at a price of $36.7 between May 23 and 26, 2025, making a profit of $14.5 million, and withdrew USDC from HyperLiquid 20 minutes ago. Currently, the Whale has accumulated 1.47 million $HYPE, with a total cost of $26.6 million, and still holds 1.05 million $HYPE, with a market capitalization of about $34.1 million. So far, the Whale's overall profit has exceeded $22 million.
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BlackRock IBIT volatility hits a new low, forming a positive cycle that attracts more institutions to get on board.

Gate News bot, Bloomberg senior ETF analyst Eric Balchunas said that the volatility of BlackRock's Bitcoin spot ETF (IBIT) is at an all-time low, which has attracted more interest from large investors looking for "digital gold" rather than speculative technology stocks. Balchunas said the ETF's 90-day rolling volatility of 47.64 is the lowest since its launch in January 2024, and this stability is self-reinforcing. As volatility declines, larger, more risk-averse investors tend to enter the market, which in turn further dampens volatility. This trend is already taking shape, he said, citing the huge inflows of money into IBIT in recent weeks as an example. IBIT has attracted $49 billion in net inflows since its listing, more than four times that of the second-ranked Fidelity's Bitcoin Spot ETF (FBTC), which saw inflows of less than $12 billion, according to Farside Investors.
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The TON Foundation has launched a champion grant program to support ecological development.

Starting in May 2025, the TON Foundation will launch a new funding strategy to accelerate adoption and unlock the next phase of ecosystem growth. The team will focus on high-impact teams that are ready to go, have the vision and ability to transform the ecosystem. These outstanding projects will be named "TON Champions". Grants for such projects will prioritize the following five high-growth verticals: GameFi: on-chain games with real economy and social stickiness; Payments: Seamless global crypto payments at scale; Telegram In-App Economy: Apps and bots that power the Telegram ecosystem; Simplified DeFi: mobile-first financial instruments for everyone; AI: Agents, interfaces, and infrastructure built on TON and driven by AI.
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A Whale deposited 50.25 billion PEPE into CEX, expecting to profit nearly 2 million dollars.

Gate News bot, according to Aunt Ai's monitoring, "whales/institutions that bought low and sold high WBTC with a profit of $14.26 million" deposited 502.5 billion PEPE (about $6.47 million) into the CEX within half an hour, and would make a profit of $1.974 million if they were sold. The address raised 2 trillion PEPEs from the CEX at an average price of $0.00000895 from 2025.04.29 - 05.08, with a total value of $17.9 million; At present, it is suspected that 75% of PEPE has been sold and a profit of $5.509 million, with a return of 41%.
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Jiansheng Group: 400,000 shares have been repurchased, with a total amount of 3.6022 million yuan used.

On May 30, Jiansheng Group announced that the company would repurchase shares for the first time through centralized bidding on May 30, 2025, with 400,000 shares repurchased, accounting for 0.11% of the company's total share capital, with the highest transaction price of 9.04 yuan / share and the lowest price of 8.97 yuan / share, and the total amount paid was 3.6022 million yuan (excluding transaction costs). The repurchase is in line with relevant laws and regulations and the repurchase plan disclosed by the company, and the repurchase plan will continue to be implemented in the future and the information disclosure obligations will be fulfilled in a timely manner.
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The current period's BTC actual volatility averages less than 50%, far lower than previous bull runs.

According to the Gate News bot and data tracked by Glassnode, the three-month rolling actual volatility of Bitcoin during this bull run cycle averages less than 50%, significantly lower than the 80% to 100% range typically seen during past bull runs. TradingView data shows that the 30-day implied volatility tracked by Volmex's BVIV index is also reflecting the same trend, as this index has been on a downward trajectory. This stability may stem from the continuously rising market capitalization of Bitcoin, which inadvertently promotes market stability and increases institutional investor participation through ETFs and derivations.
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Glassnode: Investors in BlackRock and Fidelity's Spot Ethereum ETF are experiencing an average unrealized losses of approximately 21%.

Gate News bot message, crypto assets analysis company Glassnode pointed out in a recent report: "The average investor in BlackRock and Fidelity's Ethereum ETF currently holds positions with significant losses, with an average unrealized loss of about 21%." The report states: "We can see that when the ETH spot price falls below the average cost benchmark level of ETF investors in August 2024 and January and March 2025, net outflows begin to accelerate."
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Data: The trading volume of virtual asset ETFs in Hong Kong today is approximately 21.8688 million HKD.

PANews, May 30 news, Hong Kong stock market data shows that by the close, today's total trading volume of all Hong Kong virtual asset ETFs was approximately 21.8688 million HKD. Among them: ChinaAMC Bitcoin ETF (3042.HK/9042.HK/83042.HK) had a turnover of HK$10,350,100, ChinaAMC Ethereum ETF (03046.HK/09046.HK/83046.HK) had a turnover of HK$5,768,600, Harvest Bitcoin ETF (03439.HK/09439.HK) had a turnover of HK$871,200, and Harvest Ethereum ETF (03179.HK/09179. HK) with a turnover of HK$825,100, Bosera Bitcoin ETF (03008.HK/09008.HK) with a turnover of HK$1,704,600, Bosera Ethereum ETF (03009.HK/
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FTX will start the distribution of over $5 billion in stablecoin to creditors today.

Gate News bot news, Solid Intel posted on social media that FTX will begin the distribution of over 5 billion dollars in stablecoins to creditors today, with the distribution process expected to start around 9:00 AM Eastern Time. According to the official FTX recovery trust page, eligible creditors are expected to receive funds from their chosen issuance service providers within one to three business days starting today.
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Abraxas Capital profited $13 million through leveraged shorting of Crypto Assets.

According to Gate News bot, data monitored by Lookonchain shows that Abraxas Capital has used 10x leverage to short BTC, ETH, and SOL for spot hedging transactions in two wallets on the Hyperliquid platform. The data indicates that the transaction has been profitable, with total profits exceeding $13 million. Source: Wu Says
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