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The meme coin Aura has seen its market value continue to rise to $63 million, as a diamond-handed investor turns $5,000 into a 66x profit.

1 hours ago

**May 9th** — Per GMGN monitoring (link), Solana’s long-running meme coin **aura** (link) surged 600% in a single day, with its market cap jumping from a low of $8 million to $63 million. The top profit-taking trader in this rally (address: 9MUN) holds unrealized gains of $330,000 — roughly 66x their initial investment. This trader bought in back in June 2023, before aura’s main uptrend began, investing $5,000 when the token’s market cap was just $890,000. The cap then skyrocketed to $236 million within days, pushing their peak unrealized gains to $1.25 million (≈250x initial investment) — but they didn’t take profits, later seeing gains retrace sharply. Today, this address is cashing out for the first time since entering, selling roughly 7% of its holdings. The latest rally was triggered by a meme post on Binance’s official Twitter this morning, captioned “aura maxxxxing,” which immediately sparked a surge in the on-chain Solana meme coin of the same name. **BlockBeats Note**: Meme coin trading is highly volatile, driven largely by market sentiment and hype, with no underlying value or practical use case. Investors should be aware of these risks.
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Trader "Loracle" Initiates BTC and ZEC Long Position Take-Profit for the First Time, Realizing a Cumulative $6.69 Million Reduction

On May 9th, per monitoring from HyperInsight (via their Telegram channel: https://t.me/HyperInsight), trader "Loracle" executed consecutive take-profit trades on their BTC and ZEC long positions within an hour. They gradually sold off 54.01 BTC (roughly $4.32 million) and 4,274.29 ZEC (roughly $2.3772 million), totaling approximately $6.6978 million in proceeds. Following this round of selling, the two key positions were downsized, with remaining positions as follows: - **BTC Long**: Position value reduced to $21.2362 million; current unrealized profit of ~$0.4799 million (+45.20%) - **ZEC Long**: Position value reduced to $18.0338 million; current unrealized profit of ~$6.7437 million (+373.95%) Reports indicate the trader holds the largest bullish positions on ZEC and TON, and the largest bearish position on HYPE, across the Hyperliquid platform. Their total account position value stands at $100 million. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

17 minutes ago

U.S. Court Approves Aave Transfer of $71 Million ETH Value in Connection with North Korean Hack

**On May 9, U.S. District Judge Margaret Garnett approved Aave’s asset recovery plan following the rsETH exploit, clearing the transfer of ~$71 million in ETH—previously frozen on Arbitrum—to a wallet controlled by Aave.** Court filings reveal the ruling adjusted the prior restraining order against Arbitrum DAO, enabling the community to complete the ETH transfer via an on-chain governance vote—while waiving legal liability for those voting and executing the transfer. The incident stemmed from the April rsETH exploit, widely linked to North Korea’s Lazarus Group. Earlier, lawyers representing victims of North Korean terrorism had pushed to freeze the assets and sought to include them in an ~$877 million outstanding judgment. The Arbitrum community showed overwhelming support in a Snapshot temperature check vote to return the frozen ETH to Aave’s recovery plan, though formal on-chain governance approval is still required for the actual transfer. The case also forms part of U.S. pl

17 minutes ago

The US Spot Bitcoin ETF Sees Net Inflows for 6 Consecutive Weeks, Marking the Longest Streak in Nearly 9 Months

May 9 The U.S. Bitcoin Spot ETF has recorded net inflows for six consecutive weeks, marking the longest streak of continuous inflows since August 2025. Data shows the ETF has posted total net inflows of roughly $3.4 billion since the week of April 2. Weekly inflows hit a peak of around $996 million in mid-April, while this past week saw net inflows of approximately $623 million. This marks the first stretch of sustained inflows since summer 2025, when the ETF drew roughly $7.57 billion in total. However, fund flows showed signs of weakening in the latter half of last week. Thursday and Friday saw net outflows of $278 million and $146 million, respectively, partially eroding earlier gains. Analysts note the market is waiting on U.S. April nonfarm payrolls data to gauge the economic outlook and Federal Reserve policy path. Meanwhile, the U.S. Ethereum Spot ETF broke its prior outflow streak, posting net inflows of roughly $70.49 million last week.

17 minutes ago

CoinUp is launching the debut online trading event for SLOP, SATO, and NANA, offering a 100,000 CP airdrop pool.

**Official: CoinUp Launches Debut Trading Carnival for SLOP, SATO, NANA (100k CP Airdrop Pool)** Official sources confirmed that on May 9, cryptocurrency exchange CoinUp rolled out its first online trading carnival for tokens SLOP, SATO, and NANA—featuring a limited-time 100,000 CP airdrop pool. ### Event Perks for Participants: - **100% fee discount** on trades of the specified pairs - **CP airdrops for deposits** - **Extra rewards tied to trading volume** *Note: Each user is capped at 50 CP in airdrop rewards.* ### Event Duration: May 9, 2026, 11:00 AM – May 23, 2026, 11:59 PM (UTC+8)

17 minutes ago

Ray Dalio's Pessimistic Prediction: We Will Enter a More Disorderly Era, the U.S. Could Be "Unrecognizable" Within Five Years

**Ray Dalio Warns of Unprecedented Turmoil in Next Five Years** Bridgewater Associates founder Ray Dalio delivered a pessimistic forecast in a May 7 interview with The New York Times podcast *Sway*. He predicts the next five years could bring an unprecedented period of turmoil, driven by five converging forces unfolding simultaneously: monetary system dynamics, social division, shifts in the international order, climate change, and AI technology. Dalio specifically highlighted AI’s dual impacts: on one hand, it will significantly boost productivity and help ease debt challenges; on the other, it will exacerbate wealth inequality, displace millions of jobs, and be deployed for destructive uses like cyberattacks. These shifts, he noted, could reshape the U.S. beyond recognition.

17 minutes ago

ByteDance Plans to Increase AI Infrastructure Spending by 25%

May 9 – Amid rising memory chip costs and ByteDance ramping up its artificial intelligence (AI) push, the company has increased its 2024 AI infrastructure spending plan by 25% to 200 billion yuan, according to Jinse.

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