A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

On May 5, Polymarket team member Mustafa (@mustafap0ly) signaled potential upcoming developments tied to the POLY token during a community interaction. A community user asked when they could stake POLY to reduce slippage fees or use it for a possible future discounted order fee mechanism. Mustafa replied, “Soon.”

On May 5th, Onchain Lens monitoring shows that three wallets linked to Multicoin Capital have staked 1.96 million HYPE tokens, valued at roughly $82.06 million. As of now, those same wallets still hold 2.83 million HYPE tokens, with a current worth of approximately $11.834 billion.

May 5 — Michael Burry, the *Big Short* investor, has liquidated all his GameStop (GME.N) holdings, per The Wall Street Journal. The move follows GameStop’s announcement of plans to acquire eBay (EBAY.O). Burry said Monday his prior investment thesis — which aimed to turn GameStop into a Berkshire Hathaway-style firm via acquisitions — clashed with the large-scale debt financing required for the eBay deal. He therefore exited his position. Per Bitget market data, GameStop shares fell 10.14% on Monday to close at $23.84.

May 5 — SC Ventures, Standard Chartered Bank’s fintech and innovation arm, has made a strategic investment in cryptocurrency market maker GSR. GSR, founded in 2013, has recently expanded into additional tokenized financial services areas. This marks the first time an external strategic investor has taken a stake in GSR since its launch.

On May 5, data from Onchain Lens shows Bitmine staked 192,816 ETH six hours ago—valued at roughly $4.56 billion. As of now, the firm’s total staked ETH stands at 4,555,573, with a current value of approximately $10.69 billion.

Daniel But, renowned investor and chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., posted on social media May 5 that he “took a small position in Circle Internet Group (CRCL.US) based on a researcher’s recommendation.” CRCL surged sharply Monday, emerging as one of the day’s top performers in the U.S. stock market. The surge’s key catalyst stemmed from a critical development in the U.S. Clear Law Act: the Senate reached a compromise on stablecoin regulatory provisions, resolving the bill’s core disagreements, eliminating longstanding industry regulatory uncertainty, and unlocking long-term growth opportunities for compliance-focused stablecoin leaders like Circle. Market expectations are that USDC’s compliance edge will grow further as the regulatory framework takes effect, with market share seen rising in emerging use cases like cross-border payments and AI-driven trading. Fundamentally, Circle’s core business is entering an explosive growth phase. USDC circ