Two wallets simultaneously ten times leveraged long on PEPE, with a total position size of $3.37 million

May 20th — Farside Investors reports the Bitcoin ETF saw $330 million in net outflows yesterday, with IBIT logging $325.6 million of that total. The Ethereum ETF posted net outflows of $62.3 million overall, and ETHA recorded $59.4 million in net outflows.

May 20 – SpaceX’s highly anticipated initial public offering (IPO), the largest in history, is on the horizon. According to the latest data from trade.xyz, the company’s estimated market valuation is no less than $20 trillion. BlockBeats has compiled profit and loss details for major institutional investors, based on SpaceX’s merger with xAI and X, and post-combination equity distribution, as follows: Alphabet, Google’s parent company, holds a 5% stake. This position is valued at hundreds of billions of dollars, delivering a net profit of $99.1 billion for a return multiple of 110 times. Next up is Baron Capital, one of SpaceX’s long-term key investors. The firm’s holding is valued at around $23.9 billion, with profit appreciation of roughly $21.8 billion, translating to a return multiple of 10.4 times. Ranking third on the return leaderboard is D1 Capital Partners. As an early and consistent investor, SpaceX is a core part of its private equity portfolio. The institution’s stake is

On May 20, data from the trade.xyz Pre-IPO sector shows that SpaceX (ticker: SPCX) has posted $6.77 million in 24-hour trading volume, with an open position size of $32.78 million, and is priced at $205.19, corresponding to an implied valuation of $2.434 trillion. Initial trading details indicate SPCX launched at an initial price of $150, calculated based on a fully diluted reference share count of 11.87 billion shares, resulting in an initial reference market capitalization of $1.78 trillion. Earlier reports noted that trade.xyz Pre-IPO officially kicked off SpaceX trading at 7:00 AM Beijing time on May 18, with the ticker symbol SPCX.

On May 20th, per monitoring data from HyperInsight (via its Telegram channel @HyperInsight), a trader using wallet address 0xd21d9 closed a short position of 11,080 CRCL over the past 24 hours, incurring a total loss of $683,000. Separately, renowned investor Duan Yongping unveiled his Q1 investment portfolio yesterday, disclosing he opened a new position of 200,000 shares of Circle at an average price of $95.41.

On May 20th, monitoring from HyperInsight (https://t.me/HyperInsight) reveals a trader opened leveraged short positions on the Hyperliquid platform. The trader shorted 9,220 shares of SpaceX’s SPCX ticker with 3x leverage, totaling a $1.88 million position. Concurrently, the same trader shorted 18,130 shares of Cerebras’ CBRS ticker—also with 3x leverage—for a $5.63 million position. Combined, these two shorts currently carry over $50,000 in unrealized losses.

May 20, Bitget market data shows the U.S. stock storage sector posted broad gains in after-hours trading. Micron Technology (MU) advanced 0.95%, SanDisk (SNDK) rose 0.73%, Western Digital (WDC) gained 0.38%, and Seagate Technology (STX) climbed 0.43%.