「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

On May 8, Onchain Lens data reveals Garrett Jin—agent for the "BTC OG Insider Whale"—deposited 78,077 ETH into Binance, valued at roughly $177.92 million.

May 8, according to Bitget market data, Micron Technology (MU.O) — a storage-focused concept stock — saw its share price surpass $700, up 9.03%, with its market capitalization exceeding $790 billion.

On May 8, Glassnode released a report noting Bitcoin recently broke above a key resistance level to hit the $82k-$83k range — escaping the narrow trading range it’s occupied for weeks and reigniting market volatility. Option data shows short-term implied volatility (IV) has jumped sharply: the 1-week IV is up ~6 volatility points from its lows, while long-term term structure changes remain muted. This signals short-term trading demand is rebounding fast. On the sentiment and positioning front: the 25-delta skew (a metric tracking whether markets fear downside more than they crave upside in options) is moving toward neutrality. The short-end skew even rebounded to ~5% put premium after briefly balancing out, though overall downside hedging demand is fading. Notably, skew shows divergence: short-term bias remains tilted toward downside, but longer-term structure is gradually shifting bullish — a sign markets are starting to reprice upward expectations. Structurally, IV has ri

On May 8, per Bitget market data, the Dow, S&P 500 and Nasdaq all advanced at the U.S. stock market open: the Dow was up 0.38%, the S&P 500 added 0.44%, and the Nasdaq climbed 0.54%. Storage-focused stocks rallied, with Micron Technology (MU.O) jumping 5.5% and SanDisk (SNDK.O) rising 4.5%.

On May 8th, Robinhood launched BLEND spot trading, per its official website.

May 8 — Iran says it is still reviewing a U.S. proposal to end the war, per Iran’s Tasnim News Agency.