TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

May 11 — Huobi HTX’s latest Proof of Reserves (PoR) data shows that as of May 1, 2026 (UTC+8), reserve ratios for major mainstream assets on the platform remain above 100%, with ample overall capital reserves. As one of the industry’s earliest platforms to consistently publish PoR via Merkle Tree technology, Huobi HTX has released PoR data for 43 consecutive months, offering long-term protection for user funds. In this month’s PoR update, the “USDs” aggregated asset category has been updated again. Along with existing USD-pegged stablecoins (including USDT and USDC) already aggregated, the USDS asset has been added to the “USDs” aggregation system. This update makes the platform’s overall USD asset structure more transparent, improving the user experience for viewing and verifying reserve data. The updated reserve ratios are as follows: BTC (101%), ETH (105%), TRX (108%), USDs (106%), HTX (101%), XRP (103%), DOGE (100%), SOL (101%), WLFI (103%). The amount of USDS user assets added i

On May 11, crypto analytics platform LookOnChain reported that BIT (formerly Matrixport) has just withdrawn 5,000 ETH from Binance. Notably, BIT has also been consistently offloading HYPE tokens in recent days.

On May 11, CryptoQuant analyst Darkfost noted that Bitcoin’s realized capitalization has flipped positive on a monthly basis at +0.25%—signaling capital is beginning to flow back into the Bitcoin market. Bitcoin’s realized capitalization tracks the gap between market realized profits and losses, reflecting a shift from weak hands to strong hands among investors and improved market sentiment. Still, Darkfost cautions that the sustainability of this metric will be key to the market’s future trajectory.

May 11 – Per HyperInsight monitoring (via Telegram @HyperInsight), prominent Hyperliquid trader "Loracle" opened a 10x leveraged short position on SNDK early this morning, then significantly added to the position during a short-term price spike around 8:00 am. The average entry price is $1,622, with a total position size of $8 million. Currently, the position holds an unrealized gain of $96,000 (roughly 10% ROI), making Loracle the second-largest SNDK short holder on the platform. SNDK has surged over 300% year-to-date and hit multiple all-time highs recently. Notably, Loracle’s $1,622 short entry is near the $1,625 buy target set by Mizuho Securities analyst Vijay Rakesh after his May 7 upgrade on the asset. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

May 11th — Per HTX Market Data, leading RWA project ONDO continued climbing Wednesday, briefly topping $0.46. The token’s 24-hour price change is 8.36%, with a monthly gain standing at 80.7%. DefiLlama figures show trading volume for ONDO-issued tokenized assets has surged over the past month. On May 6th, total DEX trading volume on its network hit $74.73 million—marking a new high since April and edging closer to its March peak.

May 11 — GANA officially launched its Conflux PayFi cash-out feature, letting users cash out Web3 assets directly to a bank card via the GANA DApp. Real-time deposits are supported for major fiat currencies including USD, CNY, KRW, JPY, HKD, and more. This launch marks a key milestone for GANA in the PayFi space, representing substantial progress in building the platform’s compliant payment infrastructure. Users can convert Web3 assets to major fiat currencies conveniently and securely, with instant deposits to global bank cards—boosting asset liquidity and usability. GANA is dedicated to delivering compliant, efficient, and reliable Web3 payment solutions for users worldwide. The platform plans to expand its supported fiat channels to cover additional countries and regions in the future.