「Whale」 Increases ETH Long Position to Over $30 Million, Liquidation Price at $2,229
On May 2nd, monitoring data from HyperInsight (via https://t.me/HyperInsight) shows that "Whale Brother" Huang Licheng has just opened a 25x leveraged long position in ETH worth over $30 million—with an entry price of $2,311 and a liquidation price of $2,229.
He also holds a 40x leveraged long position in Bitcoin valued at $28.5 million, with an average entry price of $77,156 and a liquidation price of $75,654.
8 hours ago
EF: Gas Limit Floor Increased to 200M After Glamsterdam Upgrade
May 2nd — The Ethereum Foundation has released a recap of its Sold?gn Interop event.
In late April 2026, over 100 Ethereum core developers gathered for the Sold?gn interoperability gathering, focused on the upcoming Glamsterdam network upgrade. The event hit three key milestones:
1. Setting a post-upgrade gas limit floor of 200 million;
2. Achieving multi-client stability for ePBS (which supports external block builders);
3. Implementing the EIP-8037 gas repricing parameter.
Additional progress included block access list optimization, decisions on multiple Glamsterdam-related EIPs, and laying groundwork for future features like FOCIL for Hegotá and native account abstraction.
Through intensive coding, stress testing, and breakout discussions, the team built a stable devnet, resolved dozens of cross-client edge cases, optimized state growth controls and execution efficiency, and provided reliable data to support secure throughput increases.
8 hours ago
Abel: Patience Needed in Fast Technology Transformation, Hold Cash, Forego Suboptimal Opportunities, and Time the Market
**Berkshire Hathaway Shareholders Meeting: Abel’s Advice on Patience vs. Action for Young Investors**
On May 2, during Berkshire Hathaway’s annual shareholders meeting, CEO Greg Abel fielded a question from a young investor: *“Facing uncertainty and rapid tech change, it’s often hard to balance patience and action—how do you tell the two apart?”*
Abel’s response:
- Berkshire’s biggest edge lies in **patience and capital allocation discipline**; opportunities will emerge over time (the same goes for individual investors). This doesn’t mean no opportunities exist now, nor that you need to deploy all capital or spend every dollar immediately.
- Berkshire views its cash and U.S. Treasuries as key assets with major upside. First rule: **deeply understand what you’re investing in**. More critical than tech evolution? Do you grasp the business, the opportunity, and—most importantly—the risks?
- Second: Have a clear 5–10 year economic outlook, and approach opportunities with a long
8 hours ago
AI-Driven Surge in Power Demand, Berkshire's Energy Business Poised for Growth
According to monitoring from DataInsight Beating (https://t.me/OneMillion_AI), during Berkshire Hathaway’s shareholder meeting, CEO Greg Abel laid out the growth outlook for the company’s energy division. He noted that as the AI industry expands rapidly, the energy sector is seeing new growth opportunities.
Currently, half of Berkshire’s energy subsidiaries have begun taking on AI-related electricity demand, while actively tracking industry trends and real-world business application potential.
For example, in Iowa, the company’s utility services have expanded significantly—four large-scale data centers are already operational in the area, attracting a wave of new electricity customers. Data centers now account for 8% of the region’s peak electricity load, an unusually high share for the utility industry. This signals ample room for further growth in electricity demand fueled by computing infrastructure buildout.
Berkshire projects the share of data center electricity use will
8 hours ago
CFTC Chairman Moves to Limit State Enforcement Actions Against Prediction Markets
May 2 — U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig is seeking to limit state-level enforcement interference in prediction markets, aiming to prevent state regulatory actions from impeding the industry’s growth.
Since taking office months ago, Selig has worked to establish a more relaxed federal regulatory framework for prediction markets, enabling more U.S. users to trade on sports events and other outcome bets.
Over the past year, Selig has consistently backed the sector:
- In February, he warned he would sue any state government attempting to interfere with regulation;
- In March, he released compliance guidelines and solicited feedback from industry players;
- This month, he noted that pushing prediction markets offshore would repeat an FTX-style collapse.
8 hours ago
Berkshire Refuses to Follow the Crowd in AI Investment, Cautiously Advances Three Key Application Principles
May 2 — Berkshire Hathaway CEO Greg Abel told shareholders at the company’s annual meeting that the firm will not chase AI just for the sake of AI, and will only invest when it sees clear, real value.
Abel noted AI applications will create opportunities across all business areas.
Berkshire is taking a cautious, pragmatic approach to AI implementation: it has no interest in pursuing general AI blindly, instead focusing on deploying narrow AI precisely in practical business scenarios. To that end, the company has set three core principles:
1. Recruit top technical talent and engineering teams to drive deployment, with executives and senior leaders involved in system architecture and implementation.
2. Stay firmly committed to security governance guardrails, enhance data integration and risk management, and continuously validate that AI outputs align with business goals.
3. Human beings retain ultimate decision-making authority; AI will only act as an auxiliary tool, and all
8 hours ago
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