MEXC has listed Hyperlane (HYPER) for pre-market trading

June 2: According to Hyperinsight Monitoring, earlier today, a trader on the Hyperliquid exchange opened a long position on Marvell Technology (MRVL) with 3x leverage when the stock traded at $222.69. As of press time, this long position has already generated $880,000 in profits over 15 hours, translating to a 66.8% return on investment (ROI). This makes it the largest open long position for MRVL on Hyperliquid and the most profitable address linked to MRVL’s recent uptrend. MRVL has rallied sharply during pre-market trading, up 7.4% to $274 per share. The stock has been climbing steadily since 9 PM ET last night, driven by two key catalysts: first, Marvell’s recent launch of high-capacity switching chips designed for AI data center networks; second, comments from NVIDIA CEO Jensen Huang at COMPUTEX Taipei, where he highlighted NVIDIA and Marvell’s partnership in AI data center connectivity (including optical interconnects and networking) and called the collaboration “the next trilli

On June 2nd, per EmberCN’s monitoring, a Bitcoin reserve address belonging to Tether—issuer of the USDT stablecoin—transferred 204.3 BTC (valued at $14.36 million) to Bitfinex three hours ago. Since 2023, this address has allocated 15% of Tether’s corporate profits to purchase Bitcoin, bringing its total holdings to 96,936 BTC worth $6.72 billion, making it the fifth-largest Bitcoin wallet globally. The average purchase price for these BTC is roughly $51,312, resulting in an unrealized gain of approximately $1.75 billion.

June 2 — Two global storage giants, Samsung and SK Hynix, remain top picks among investors, as Barclays Bank has upgraded its price targets for both firms. The U.S.-based investment bank lifted its target for Frankfurt-listed SK Hynix from €1,100 to €2,300, while hiking the target for London-listed Samsung Electronics from 425,000 pence to 730,000 pence. Bitget market data indicates the pair’s strong recent performance stems from a sharp surge in demand for AI-powered high-bandwidth memory and storage chips. SK Hynix has rallied over 260% year-to-date, ending May with a market cap exceeding $1 trillion — a new all-time high. Samsung Electronics has gained more than 200% YTD, repeatedly hitting fresh record highs recently, and has also crossed the $1 trillion market capitalization threshold.

June 2: Sivers Semiconductors (SIVE), a leading Co-Packaged Optics (CPO) firm in which self-proclaimed "Stock God" Serenity holds a major stake, surged over 56% intraday on June 2 to reach a share price of 95.45 Swedish kronor. Serenity stated that SIVE’s announcement of a strategic partnership with GlobalFoundries (GFS) is the most decisive event in the company’s history. SIVE’s lasers have become the industry-standard light sources for CPO, Pluggables, and Silicon Photonics (SiPh), directly benefiting top AI chip giants that use related foundry services, including NVDA, AVGO, AMD, and MRVL. After SIVE unveiled its strategic alliance with GFS on June 2, its laser arrays will be integrated into GlobalFoundries’ silicon photonics platform and SCALE Optical Engine reference design, supporting AI data center optical interconnect solutions such as CPO and LPO. The collaboration targets the $25 billion Pluggable Optics market projected to be worth that amount by 2030. This move positions S

June 2 — Official sources have announced that on-chain application 0xPPL will gradually shut down. Trading functionality will be disabled starting June 6, and the app will fully cease operations on June 30. 0xPPL is alerting users to either export their private keys before the closure, or withdraw all funds from their wallets to another external wallet to ensure they can still access their assets afterward.

On June 2nd, data from Arkham shows that Mt. Gox has resurfaced with another major transaction, following a large on-chain movement six months ago. First, over 10,000 BTC were transferred out, and then just two hours ago, the platform moved 116.3 BTC from its cold wallet to a hot wallet—worth $8.25 million. Shortly after, a small test transaction of 0.000017 BTC was sent to the Bitstamp exchange. Per analysis from EmberCN, based on Mt. Gox’s historical transaction patterns, the 116.3 BTC is expected to be sent to Bitstamp. At present, Mt. Gox holds 34,500 BTC, valued at $23.9 billion.