Ethereum June Historical Return: 3 Up, 7 Down since 2016, Average Return Rate -6.22%

June 1 (per Hyperinsight monitoring): The HYPE short-position whale “Loracle” has been trimming his HYPE short exposure over recent hours, as HYPE’s price surged past $70. As of press time, his 5x-leveraged short position has shrunk from $102 million to $60.94 million, with current losses totaling $22.58 million—representing a 74% decline. Over the weekend, Loracle transferred 893,000 HYPE on-chain to Hyperliquid. Thanks to the price jump, the value of this spot holding has climbed from $54.5 million to $64 million, and he hasn’t sold any of these tokens yet. In the past month, this whale has had two token unlocks, adding up to 1.115 million HYPE (valued at roughly $63.51 million). Traceable on-chain records confirm that on May 21—the day HYPE hit its previous all-time high—he sold 557,000 HYPE, worth approximately $33.35 million at the time. Contract Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae On-chain Staking Address: 0xE44bd27c9F10fa2F89fdb3ab4B4F0E460da29EA8

### China's State Council Issues Regulations on Overseas Investment, Effective July 1, 2026 On June 1, China's State Council promulgated the *Regulations of the State Council on Overseas Investment*, which will take effect on July 1, 2026. The document states that China will support investors in conducting overseas investment activities in line with market principles and actively participating in international cooperation and competition. Per the regulations, investors are legally entitled to make independent decisions on overseas investment, bear their own risks, and share profits from such activities. When engaging in overseas investment and related operations, investors shall: - Comply with domestic and foreign laws, regulations, and international practices; - Respect local customs and cultural traditions; - Uphold business ethics, act with honesty and integrity, and adhere to fair competition; - Fulfill social responsibilities, maintain China’s national image; - R

On June 1, per data from Bitget Markets, Micron Technology (ticker: MU) saw its after-hours trading price cross the $1,000 threshold, lifting its total market capitalization to over $1.13 trillion with a 3.1% gain in the after-hours session.

On June 1, Bithumb, South Korea’s second-largest cryptocurrency exchange platform, will list the HNT/KRW trading pair.

June 1 — According to OnchainLens monitoring, whale address '0xce8' has closed its Ethereum (ETH) short position once more and shifted to a long position totaling 19,752 ETH, worth $39.5 million. This position is currently at a loss of more than $205,000.

June 1 – Goldman Sachs released a comprehensive global semiconductor storage industry report, significantly lifting target prices for three key players: SK Hynix, Samsung Electronics, and Kioxia. Specifically, SK Hynix’s target price was hiked to 3.3–3.5 million South Korean won (implying ~53% upside), Samsung Electronics’ target jumped to 480,000 South Korean won (~60% upside), and Kioxia was upgraded to a "Buy" rating with a 12-month target price of 93,000 Japanese yen. Goldman’s revisions hinge on a historic shift in the storage sector’s valuation framework: The firm cites AI-driven sustained demand, supply constraints, and widespread long-term agreements (LTAs) as core drivers moving the industry from a highly cyclical commodity track to an AI infrastructure segment with predictable profitability. The sector’s benchmark valuation has officially switched from Price-to-Book (P/B) to Price-to-Earnings (P/E), currently anchored at roughly 9x P/E. The report also drastically re