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

May 30 – Dan Loeb, founder of Third Point and manager of a $24-billion hedge fund, is sounding bullish on artificial intelligence, arguing today’s AI boom is fundamentally different from the dot-com bubble era. Loeb emphasizes that major tech companies have pledged a combined $700 billion in AI infrastructure spending this year, with plans to invest another $1 trillion next year. Unlike the dot-com days, he notes these firms boast strong profits and massive cash flows, so nearly all of this spending is funded by their own resources. “To think this capital expenditure will deliver no returns is like saying they’re flushing money down the toilet — that’s not how the dot-com bubble played out. We shorted that bubble back then and turned a decent profit,” Loeb stated, adding he does not see a valuation bubble forming in AI right now. He cites Anthropic as a key example supporting his optimistic outlook: the AI startup’s latest financing round values it at $965 billion, up from $380 bill

May 30 — On-chain analyst Ai Auntie (@ai_9684xtpa) notes that the whale known as Evaded closed out short positions on Ethereum (ETH) and Bitcoin (BTC) yesterday, locking in a profit of $1.808 million. The trader then opened 10x-leveraged long positions on Microsoft (MSFT) and Oracle (ORCL), taking the top spot for largest positions in both assets on Hyperliquid. As of now, this trade has generated $0.897 million in unrealized gains, with their total long position in tech stocks totaling $31.88 million.

May 30 — Grayscale has voiced strong confidence in Hyperliquid in its latest report, arguing the crypto protocol is evolving beyond a pure cryptocurrency perpetual trading platform to become a broader blockchain financial infrastructure, with the potential to emerge as a "financial services giant." The firm projects Hyperliquid will generate roughly $800 million in annual revenue by 2025, handle $29 trillion in perpetual futures trading volume, boast around $7 billion in current open interest, and is rapidly gaining market share among decentralized crypto platforms. Beyond competing with centralized exchange giants like Binance in the crypto perpetual futures space, Hyperliquid is expanding via its HIP-3 and HIP-4 frameworks to offer tokenized stocks, commodities, and prediction markets—all with 24/7 continuous trading, directly challenging Wall Street’s traditional limited trading windows. Grayscale’s report underscores Hyperliquid’s open architecture, which lets developers launch

On May 30, HTX market data shows HYPE has surged past $68 to hit a new all-time high, currently trading at $68.5 — up more than 10.4% in the last 24 hours and over 50% over the past two weeks. Its current market cap stands at $15.2 billion, putting it at No. 11 in global cryptocurrency market capitalizations, while its fully diluted valuation (FDV) has climbed to $65.4 billion. Separately, two opposing whale traders — "Trader Loracle" and "0x082" — hold large unrealized gains and losses: "Trader Loracle" has a $114 million short position, posting an unrealized loss of $36.6 million, while "0x082" holds a $94 million long position, notching an unrealized gain of $40.69 million.

As of May 30, per monitoring from Hyperinsight (https://t.me/HyperInsight), HYPE’s largest short seller “Trader Loracle” has unstaked 893,000 HYPE tokens today. These tokens were moved to their HyperEVM address, totaling around $59 million in value. No fresh activity has been observed on their spot trading position. Notably, Loracle’s short positions have been trimming over the past five hours, with each reduction ranging from $400,000 to $1.4 million. Their current open short positions are as follows: - HYPE short position: $1.138 billion, with an unrealized loss of $36.6 million. Out of their $27 million collateral, roughly $23 million is being used to maintain this position; - BTC short position: $23.8 million, opened at a price of $75,280.1, generating an unrealized profit of approximately $600,000. Over the past month, this whale unlocked a total of 1.115 million HYPE tokens in two separate events, worth an estimated $63.51 million. They sold 557,000 HYPE tokens on-chain

Per EmberCN’s monitoring, Polymarket whale "lovelystuff" has wagered $4.02 million on Arsenal to win this morning’s Champions League final. If his bet hits, he’ll net $3.62 million in winnings. The whale is confident Arsenal will hold firm to claim victory until the final whistle. On May 24, he placed a bold $2.13 million bet on Arsenal defeating Crystal Palace, and walked away with $1.95 million in profit. If Arsenal takes home the Champions League title tonight, lovelystuff will have three straight correct predictions under his belt, with total earnings topping $5.57 million.