BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On June 3, per Hyperinsight Monitoring, during the most recent U.S. stock trading day, contract volume for MRVL (Marvell Technology) on Hyperliquid hit $307 million—making it the largest contract volume for a U.S. stock-related asset outside the Nasdaq 100, and catapulting MRVL into the top ten of total contract volume across both crypto and traditional markets. Its open interest now stands at $130 million. MRVL’s full-day trading on the Nasdaq the prior session came in at $31.54 billion. By that metric, Hyperliquid’s MRVL contract volume amounts to nearly 1% of MRVL’s actual Nasdaq trading, or approximately 0.98%.

June 3: According to HTX market data, Bitcoin has rebounded and risen above $67,000, currently trading at $67,014, with its price down 5.19% over the past 24 hours.

June 3rd (Yonhap) — South Korea’s National Election Commission referred Incheon mayoral candidate Yoo Jeong-bok of the Korea National Power Party to police on June 1 over suspicion of violating the Public Official Election Act, Yonhap News Agency reported. The candidate is accused of filing false asset declarations during his run. A recent correction notice from the election commission revealed discrepancies in his filings: his spouse’s assets were previously listed at 440 million South Korean won, but should be 519 million won total; his family’s total assets were incorrectly reported as 1.845 billion won, while the actual amount is 1.922 billion won.

June 3 — Per monitoring from LookOnChain, trader Garrett Jin deposited a total of 577,717 ETH into Binance between May 6 and May 10. At an average ETH price of $2,337 during that window, the total value of the transaction landed at roughly $13.5 billion. Shortly after this large deposit, ETH entered a steady pullback and tumbled more than 20% in value. Currently trading around $1,840 per ETH, the value of Jin’s deposited holdings has dropped by approximately $290 million since the time of the transfer.

June 3 update: According to Hyperinsight’s monitoring (https://t.me/HyperInsight), MRVL (Marvell Technology) has maintained a sharp upward trend ever since Jensen Huang named it the "next trillion-dollar company" yesterday. In today’s after-hours trading, the stock briefly neared $340, marking a 56% cumulative gain from the start of the rally. The market surge has brought profits to both early-positioned and late-stage traders on Hyperliquid. One specific trader’s unrealized gains expanded from roughly $880,000 last evening to $2.06 million this morning, translating to a ~155% return rate. This trader currently holds a 3x leveraged MRVL long position valued at $6.03 million — the largest MRVL long position on the platform. Reports indicate the address opened this long position as early as yesterday morning, when MRVL traded at $222, committing approximately $1.32 million in initial capital. Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2

June 3. Per BlockBeats statistics, stocks in NVIDIA’s portfolio have posted strong gains so far this year — several of which were publicly highlighted by NVIDIA CEO Jensen Huang (Huang Renxun) earlier. They include: - NBIS (Nebius) — Up 485.7%: An AI infrastructure and cloud service provider, formerly Yandex’s international business unit, specializing in high-performance computing, data centers, and AI training cloud platforms. - INTC (Intel) — Up 253.1%: A leading global semiconductor company that designs, manufactures, and sells CPUs, GPUs, data center/AI chips, and related computing products. - CRWV (CoreWeave) — Up 198.2%: An AI cloud infrastructure provider focused on high-performance GPU cloud computing platforms, offering dedicated cloud services for AI training and inference. - NOK (Nokia) — Up 116.9%: A telecom equipment giant delivering mobile, fixed, and cloud networking infrastructure, plus related software services. - MRVL (Marvell Technology) — Up 55.7%: A semiconductor s