According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

On April 28th, Bitget will launch spot trading for Pharos (PROS). Deposits for PROS are now open, and spot trading will go live today at 21:00 UTC+8.

During the 2026 Hong Kong Web3 Carnival, SignalPlus—an institutional-grade digital asset derivatives trading infrastructure platform—served as the title sponsor and set up a booth in the main venue’s core zone. At the event, SignalPlus showcased its strengths in derivatives execution, risk management, and institutional trading infrastructure, drawing in scores of institutional traders and industry pros for discussions and networking.

April 28 — Per AI Monitor, the Galaxy Digital OTC-affiliated address has transferred 21,369 ETH to exchanges in the past 24 hours. The total value of the move is $49.3 million, with an average price of $2,307.34 per ETH. Wallet address: 0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde

On-chain data from HyperInsight monitoring (via https://t.me/HyperInsight) shows that as of April 28, the largest ETH long position holder — known as “BIT Whale” — is once again underwater. The address currently holds an unrealized loss of ~$110,000 (-5%). The position: 20x leveraged ETH long, 20,000 ETH (~$45.6M at current prices), entered at an average price of $2,287. It was opened on April 20, and at one point hit an unrealized profit of up to $2M. However, the entire profit has since been wiped out amid a market retracement. The address (0x6c8512516ce5669d35113a11ca8b8de322fd84f6) belongs to digital financial services group BIT. It has repeatedly received fund transfers from BIT’s affiliated entities and previously held multi-billion-dollar long positions on ETH.

On April 28th, on-chain analytics firm Lookonchain reports that crypto whales are continuing to accumulate Ethereum (ETH). A wallet (0xE5eB) dormant for 3 months withdrew 4,361 ETH from Kraken roughly 5 hours ago—valued at approximately $9.98 million. Separately, a newly created wallet (0xA605) pulled 2,000 ETH from Binance about 1 hour ago, worth around $4.58 million.

April 28: Per HyperInsight monitoring (via https://t.me/HyperInsight), HYPE pulled back in the afternoon, briefly dipping to the $40 level. Hyperliquid trader “Loracle,” who held a 5x leveraged short position on HYPE, closed the position profitably. The address’s current position size stands at $23.8 million, with an average entry price of $40.871—now the largest on-chain short position in HYPE. Notably, this address belongs to an early contributor to the Hyperliquid ecosystem and the founder of Hypurrfun. Previously, during HYPE’s major uptrend starting from $20, the address held a significant long position, at one point ranking as the second-largest on-chain long position in HYPE. On April 20, however, they flipped their strategy to short. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae