A certain whale conducted a leveraged long position on Micron Technology on-chain, with the position's value increasing to $21 million.

May 27th — Analyst Murphy noted that after nearly 20 days of sideways consolidation, Bitcoin’s Short-Term Holder Realized Price (STH-RP) and the TMMP indicator have effectively formed a "death cross," with the red line finally crossing below the green line. Historical patterns show that once this death cross forms, Bitcoin’s price often stays suppressed by the STH-RP red line for an extended stretch, making it tough to break through and potentially even hitting a new low. Right now, the STH-RP red line has flattened out almost entirely, signaling that short-term market activity has dropped to a near standstill. Chips on either side of this average cost level are hesitant to trade, which lines up with earlier assessments of a sharp decline in trading enthusiasm. That said, this time is quite different from past cycles: the slope of this STH-RP cross is nearly zero. The steeper the slope, the greater the panic selling from higher-level holders, which makes breaking through resistance mo

On May 27th, according to on-chain analyst Ai Whale (@ai_9684xtpa), Ethereum (ETH) whale address 0x54d…e6029 acquired 2,400.38 ETH roughly 9 hours ago, totaling $5 million. Immediately after the purchase, the address placed a limit sell order on Cowswap within four minutes, targeting a projected $117,000 profit upon execution. The whale bought in at $2,083 per ETH, setting its sell target at $2,132, aiming to reap a $50 per ETH price difference on its $5 million investment.

May 27, Bitget market data reveals Micron Technology (MU) stock surged nearly 20% by morning close, crossing the $1 trillion market cap threshold to join the elite trillion-dollar market cap club. MU has also become a hot on-chain tokenized stock trading asset, with 24-hour contract trading volume across multiple platforms topping $1 billion: On Binance, MU perpetual contracts recorded over $600 million in 24-hour trading volume, with the annualized funding rate spiking to 337% as long positions piled in. On trade.xyz, a Hyperliquid ecosystem trading platform, MU notched $270 million in 24-hour volume, with open interest climbing to $167 million and an annualized funding rate of 51%, also dominated by long bets. OKX’s MU perpetual trading hit $214 million in 24-hour volume, carrying an annualized funding rate of 91% and leaning heavily toward long positions. Bitget’s MU perpetual contracts posted $61 million in 24-hour volume, with an annualized funding rate of 109%. Separately, Coin

On May 27, data from Bitget shows Hong Kong-listed chip stocks traded higher with modest fluctuations. Newly listed RootCloud Technology (03310.HK) surged more than 78%, ASL Automobile Science (02577.HK) rose over 11%, ChipMOS Technologies (02166.HK) gained over 7%, and SMIC (03986.HK) climbed more than 6%.

May 27 – Per OnchainLens, crypto whale "0x96e" sold 123,127 HYPE tokens at an average price of $61, converting them into 7.5 million USDC and netting a $2.5 million profit. The whale held the tokens for over a month and a half before the sale, having previously purchased HYPE tokens worth $5 million.

May 27 – The Samsung Electronics Union announced that 74% of its employees have voted in favor of a wage agreement, a development that is expected to bring the ongoing strike to an end. The union had originally planned an 18-day general strike starting on May 21, driven by demands for fairer dividend sharing amid the company’s projected record-high AI semiconductor profits in 2026. Its key requests include lifting the performance bonus cap, institutionalizing 15% of the company’s operating profits as performance bonuses with full transparency, and a 7% base wage hike to narrow the salary gap with rival SK Hynix. Samsung management, however, has only proposed either a one-time special bonus or a limited 10% profit-sharing plan, and is hesitant to make permanent system changes. The company cites concerns that such changes would increase long-term operational burdens, harm its competitiveness, and undermine shareholder interests.