trade.xyz has increased the initial Public Offering (IPO) of the first perpetual contract for CBRS to $10 million.

May 4 — Bitcoin surged this morning to reclaim the $80,000 level for the first time in three months, rising 1.56% in just one hour. That spike triggered nearly $106 million in liquidations across the entire network in less than an hour. Of that total, short positions accounted for $104 million. The largest single liquidation was a $11.7717 million Ethereum contract on Binance.

May 4 — Per Bitget market data, South Korea’s KOSPI index extended its gains at Monday’s open, climbing 3.2%. SK Hynix’s gains also widened to 7.9%.

On May 4th, Onchain Lens data shows that Bitcoin and Ethereum’s short-term surge has left swing trader whale wallet *pension-usdt.eth* with over $16 million in unrealized losses on its triple-short positions. However, the wallet’s positions remain far from liquidation thresholds: Bitcoin’s liquidation price is $99,716, while Ethereum’s is $3,348.61. ### Notes on American English adaptation: 1. **Conciseness**: Uses active, punchy phrasing ("has left" instead of passive constructions) common in crypto news. 2. **Terminology**: Swaps "floating loss" for *unrealized losses* (standard in U.S. finance/crypto). 3. **Flow**: Uses colons/dashes to organize key details (liquidation prices) without clunky clauses. 4. **Tone**: Casual yet authoritative (matches U.S. crypto news style, e.g., CoinDesk/Decrypt). 5. **Clarity**: Explicitly links the surge to losses, avoiding vague wording.

May 4th — Per HTX market data, Bitcoin briefly topped $80,000 and is currently trading at $79,805.68, up 1.21% over the past 24 hours.

On May 4th, per LookOnChain data, a newly created crypto address took a 3x long position on TST—its current position value stands at $2.05 million. Additionally, the address placed a limit order for $540k worth of TST spot tokens, targeting a price range of $0.0126 to $0.0138.

Per HTX market data, Bitcoin has once again topped $79,000 as of May 4. It’s currently trading at $79,170.96, up 0.7% over the past hour.