A certain whale switched from longing to shorting HYPE, with a short position worth $13.6 million

June 2 — At NVIDIA’s GTC Taipei 2026 conference keynote, NVIDIA CEO Jensen Huang unveiled the partner roster for the NVIDIA DSX AI Factory Ecosystem, widely deemed the most market-aligned "Fortune Cipher" ecosystem map to date. Tech and crypto outlet BlockBeats has curated the following list of publicly traded and secondary market tradable assets linked to NVIDIA’s AI Factory: ### NVIDIA Capital Movements (Priority Tracking) CoreWeave (CRWV), Nebius (NBIS), Intel (INTC), Synopsys (SNPS), Coherent (COHR), Lumentum (LITE), Marvell Technology (MRVL), Nokia (NOK), IREN (IREN), Corning (GLW) --- ### Listed Companies in the AI Factory Ecosystem #### AI Cloud Infrastructure CoreWeave (CRWV), Nebius (NBIS), IREN (IREN), Sharon AI (SHAZ), Indosat (ISAT.JK, Jakarta Stock Exchange), NAVER (035420.KS, Korea Exchange), SoftBank Corp (9434.T, Tokyo Stock Exchange), YTL Power (6742.KL, Bursa Malaysia), Amazon Web Services (AMZN), Microsoft Azure (MSFT), Google Cloud (GOOGL), Oracle Cloud Infrastru

**Crypto Brief: HYPE Whale’s Mixed Positions Result in $33.75M Net Loss Amid Short Liquidations** June 2 — According to Hyperinsight Monitoring (a leading crypto on-chain tracker on Telegram: @HyperInsight), former HYPE short seller trader Loracle has not sold any of the 893,000 HYPE he received from recent spot unlocks over the past week. As HYPE’s price has risen, this spot holding is now valued at roughly $63.5 million — a 25% increase that translates to ~$12.7 million in unrealized gains. However, losses on Loracle’s HYPE short contract positions far outpace these spot gains. Today, the whale liquidated over $102 million worth of HYPE shorts at elevated price levels, incurring a massive $46.459 million loss from these trades. Even when accounting for the spot position’s unrealized gains, this wallet address still booked a total net loss of around $33.75 million. Over the past month, Loracle unlocked a total of 2.008 million HYPE across three separate unlock events. On May 2

June 2 – Per PR Newswire, global payment giant MoneyGram has launched MGUSD, its native U.S. dollar-pegged stablecoin, as part of its suite of financial services for its global payment network. MGUSD is first deployed on the Stellar blockchain. Key partners for the launch include Stripe subsidiary Bridge, which serves as the regulated issuer; M0, which manages the token’s minting and burning smart contract infrastructure; and Fireblocks, which handles wallet support. The stablecoin will be integrated into MoneyGram’s self-custody mobile wallet, rolling out initially in the U.S. with plans for a gradual global expansion.

On June 2, Tiger Brokers announced that the Beijing Regulatory Bureau of the China Securities Regulatory Commission imposed administrative penalties on some of its subsidiaries on May 22, ordering the confiscation of illegal gains totaling roughly 4.11 billion RMB (about $597 million). The penalties stemmed from the subsidiaries’ unauthorized cross-border securities operations within China and their illegal fund and futures business activities. The company stated it fully accepts the penalty and classifies this as a significant event occurring after the first quarter. It added that, considering Tiger Brokers’ overall profitability and cash flow situation, this one-time expense will not have a material adverse impact on the company’s operations or long-term development. Separately, Bitget market data shows that shares of US-listed Tiger Securities (ticker: TIGR) have rebounded over 25% from their low on May 22—the day the penalty was announced—rising from $4 to $5.1 per share.

June 2 — Per an official announcement — Bitget has launched the ANTHROPIC/USDT IPO pre-listing perpetual contract, with leverage up to 20x. For full details, please visit Bitget’s official platform.

**Crypto Update: June 2** Huobi HTX officially announced the launch of five new perpetual contracts on June 2: NOK/USDT, EWT/USDT, ASTS/USDT, BBX/USDT, and SLX/USDT. Notably, the maximum leverage for NOK/USDT, EWT/USDT, ASTS/USDT, and BBX/USDT is capped at 10x, while SLX/USDT offers a higher max leverage of 20x. Alongside the contract launches, Huobi HTX is hosting a special trading event for these pairs, running from 15:00 June 2 to 15:00 June 9 (UTC+8). The total prize pool is up to $20,000. To qualify for the prize distribution, registered users must participate in contract trading of these five assets and meet a cumulative valid trading volume of at least $1,000. Rewards will be allocated based on users’ trading volume rankings. Additionally, new users trading these contracts will receive exclusive perks.