An address went long on ZEC and HYPE within two days, with an unrealized gain of approximately $2.1 million.

On May 20th, per Onchainlens monitoring, a trader has established a 20x long position on both BTC and ETH, with the total position value coming in at approximately $36 million.

May 20 – Market sources indicate South Korea’s Ministry of Labor will mediate the dispute between Samsung Electronics and its union, with talks set to resume at 4:00 p.m. local time (3:00 p.m. Beijing time).

May 20th — Per HyperInsight monitoring, Wall Street’s financial giant Citi has made a widely-publicized bullish call, boosting SanDisk (SNDK)’s price target by more than 50% to a new level of $2025. SNDK closed up 3.77% today, and its current price sits 46.4% below this new target. The bank also lifted Micron Technology (MU)’s price target to $840; MU was up 2.52% earlier on May 20th. Following yesterday’s news release, a large “whale” trader on Hyperliquid has opened parallel long positions in both MU and SNDK, with a total position size of approximately $10 million. As of this report’s publication, the position has generated an unrealized profit of $447,000, representing a 12.3% floating gain. The specific position details are as follows: - MU Long Position (10x leverage): 7,714.3 units held (≈ $5.5 million), average entry price: $687.5 - SNDK Long Position (10x leverage): 7,714.3 units held (≈ $4.55 million), average entry price: $1,319.4 Trader Address: 0x3ed4033676d0bdb3938728c

Cryptocurrency asset manager Bitwise is flagging Hyperliquid’s native HYPE token as one of the most mispriced assets in today’s crypto market—even as the token has seen sharp gains this year. In a Tuesday report, Bitwise Chief Investment Officer Matt Hougan said, “Hyperliquid is one of the most significant crypto projects in years. Its HYPE token is the top-performing large-cap crypto asset of 2026, up 77% year-to-date. Still, I think investors are underestimating its impact and value.” Hougan chalks up HYPE’s mispricing partly to the market only seeing Hyperliquid as a perpetual crypto futures exchange, when it should be valued as a “global super-app.” He points out the platform does far more than mainstream crypto futures trading: it supports stock trades, prediction markets, and other assets, with nearly half its current volume coming from non-crypto products. Last Friday, Bitwise launched its HYPE ETF on the New York Stock Exchange. A week prior, 21Shares rolled out a similar HYP

May 20: Lighter gained significant traction after its founder Vlad Novakovski sat down with Vitalik for a recent "Fireside Chat" centered on Ethereum’s high-performance applications and ZK Rollup scaling roadmap. As smart money shifted out of the HYPE token frenzy to chase undervalued assets in the same crypto sector, Lighter’s native token Lit has outperformed the broader market—currently trading at $1.771 with a 21.87% 24-hour gain. Market focus now centers on Lighter’s high-performance use cases within the Ethereum ecosystem, its scaling roadmap, and the future trajectory of decentralized finance (DeFi). Per DefiLlama data, Lighter’s 24-hour trading volume hits $12.89 billion, with total value locked (TVL) exceeding $7.6 billion.

May 20 – Non-custodial crypto wallet Sorted Wallet has closed a $4.4 million seed round of financing. The equity investment portion of the round amounts to $3.4 million and is led by investors Tether and Gnosis. Vox Solutions contributed an extra $1 million in strategic support, with angel investors including Movement, Angel Invest Group, and the founder of RWA.io joining the financing. Separately, Tether made a $1.5 million strategic investment in Sorted Wallet back in 2024.