A certain whale address withdrew 1139 BTC from Binance in the past 1 hour.

On May 10th, based on farside data, this week the net outflow of the US Ethereum spot ETF was $38.2 million. It includes: a net outflow of $37.2 million for FETH; a net outflow of $4.2 million for ETHA; and a net inflow of $3.2 million for Grayscale ETH.

May 10th. According to a report on May 9th from the Straits Times website in Singapore, approximately one month after the U.S. government imposed export restrictions on NVIDIA's H20 artificial intelligence (AI) chip, it is reported that NVIDIA plans to launch a downgraded version of the H20 for the Chinese market in the next two months. Reuters reported on May 9th, citing three sources, that NVIDIA has informed its key Chinese customers, including giants in the cloud computing sector, that it plans to release a modified version of the H20 chip in July. It is reported that NVIDIA has set new technical thresholds to guide the design of the modified chip. Sources said that compared to the original H20, these specifications will lead to a significant degradation in the chip's performance, including a substantial reduction in memory capacity. (Jinse)

On May 10th, as monitored by lookonchain, a whale address deposited 13 million USDC into Hyperliquid in order to use 5x leverage to take short positions on BTC, ETH, and SOL.

On May 10th, according to Coinglass data, the top cryptocurrency spot net inflows within the past 24 hours are as follows: The net inflow of USDC is $79.11 million; The net inflow of SOL is $21.82 million; The net inflow of BNB is $13.36 million; The net inflow of FDUSD is $10.49 million; The net inflow of USDE is $6.94 million. The top cryptocurrency spot net outflows are as follows: The net outflow of ETH is $60.14 million; The net outflow of BTC is $55.49 million; The net outflow of XRP is $51.59 million; The net outflow of TRUMP is $21.25 million; The net outflow of DOGE is $16.07 million.

On May 10th. According to Bitcoin.com, the lawmakers in Belo Horizonte, which is the fourth-largest city in Brazil, have passed a remarkable bill with the intention of transforming the city into an innovation hub for cryptocurrency and Bitcoin companies. This bill offers incentives to businesses that accept Bitcoin payments and has committed to prominently showcasing these businesses in city advertising. Furthermore, the bill promotes educational activities in order to assist residents in adapting to this digital transformation. The bill was approved with 20 votes in favor, 8 against, and 6 abstentions. Currently, the bill will be submitted to the mayor's office for the final approval.

On May 10th, according to HTX market data, Ethereum has risen above $2400 and is currently trading at $2401.