「HYPE Pump Before Dump」 Whale Exits Short Position, Loses Nearly $7 Million

May 26 — A source close to Iran’s negotiating team told CCTV News on local time May 26 that a major sticking point in ongoing Iran-U.S. talks is the matter of unfreezing Iran’s overseas funds. The source stated that the U.S. has previously “backtracked” on fulfilling related commitments, with Iran holding firm that “no agreement can be reached until the agreed funds are received.” Iran added that some progress has been made on this issue following coordination with Qatar. However, given the U.S.’s history of “reneging on promises,” Iran is “prepared for all possible scenarios.”

May 26, per Bloomberg, the Dutch government blocked the proposed acquisition of Dutch cloud services provider Solvinity Group BV by U.S. firm Kyndryl over security concerns. Dutch Digital Economy Minister Willemijn Aerdts said in a letter to parliament Tuesday that the planned Solvinity transaction could jeopardize the public interest, and announced a full ban on the deal. The acquisition had been in its final stages before the block.

May 26 – Per Bitget market data, the U.S. stock storage sector posted broad gains in pre-market trading. Micron Technology (MU) jumped 8.41%, SanDisk (SNDK) rose 4.21%, Western Digital (WDC) added 3.13%, and Seagate Technology (STX) advanced 2.63%.

On May 26, Hyperliquid’s official website announced that its HIP-4 testnet has launched a World Cup outcome prediction market. As outlined in the official HIP-4 proposal, the Outcome Contracts operate under a fully collateralized mechanism that fundamentally eliminates liquidation risk. Their non-linear settlement method provides users with flexibility comparable to options, expanding strategic trading opportunities. Additionally, these contracts are natively integrated into the HyperCore chain, sharing full margin with the platform’s spot and perpetual contracts to enable seamless liquidity interchange and reuse.

On May 26, Bitmine Immersion Technologies announced its total holdings of cryptocurrencies, cash, and so-called "moonshots"—high-risk, high-reward assets—have reached $12.3 billion. As of May 25, 2026, the company’s crypto holdings include 5,390,404 ETH, 203 BTC, a $200 million stake in Beast Industries, a $95 million stake in Eightco Holdings (Nasdaq: ORBS), plus an additional $4.44 billion in cash. Bitmine Immersion Technologies noted that its ETH holdings account for approximately 4.47% of the total 1.207 billion ETH in circulation.

May 26. The newly emerging "Tech Small-Cap Guru" Serenity posted on social media, stating: "SIVE is the most attractive Co-Packaged Optics (CPO) concept stock to me, even with its high volatility. You may have to wait years for the next architecture-level change in photonics technology to get another opportunity like this. Most major laser suppliers have already reached market capitalizations of several hundred billion dollars, but SIVE—one of the key 'bottleneck' components in the CPO laser sector—currently has a market cap of just $2.3 billion." Financial reports typically only confirm capacity ramp-up signals that have already materialized; in investing, most market profits are earned "before official confirmation," not after—this is a fundamental rule of the game. BlockBeats Note: Serenity is a highly influential senior trader on Reddit’s WallStreetBets (WSB) forum, with a year-to-date (YTD) total return rate of over 3,800%. Their core research is consistently high-quality, publi