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

On May 23, monitoring by EmberCN reveals that as Ethereum (ETH) fell to around $2,000, a major "Hyperliquid Whale" holding a long position of 120,000 ETH (worth $271 million) is currently facing an unrealized loss of up to $27.92 million. The whale’s average entry price for this position stands at $2,261. Among the cluster of addresses tied to this whale, liquidation prices for two of them are approximately $1,750, while the remaining two addresses have liquidation levels around $1,350.

On May 23, crypto journalist Eleanor Terrett reported that a last-minute impasse over border security has pushed the U.S. Senate’s vote on the CLARITY Act—officially the Cryptocurrency Market Structure Bill—back to early June. The legislation was slated to move to the Senate floor this week, but partisan disputes over border control scrapped those plans. With a packed legislative calendar including funding bills, housing policy, farm measures, and expiring FISA reauthorizations taking precedence, there’s rising uncertainty about whether the CLARITY Act will even reach the Senate floor by July, let alone clear a vote before Congress’s August recess. Senate staffers are currently working during the recess to merge draft texts from the Agriculture and Banking Committees and finalize technical drafting for the bill. For a full breakdown of the CLARITY Act’s upcoming legislative path, see ["Boss Fight for the CLARITY Act: 7 Democratic Senators Needed to Defect Before Senate Floor Vote"](htt

F2Pool co-founder Wang Chun has outlined why he chose Mars as the destination for SpaceX’s first interstellar manned flight—rather than the Moon—in a recent May 23rd discussion. Wang noted that humans will likely reach the Moon soon, even without private sector investment in lunar travel, thanks to intensifying global space competition that’s driving governments to build lunar bases. He added he’s happy to see that progression unfold. At the same time, Wang expressed uncertainty about whether Mars exploration will advance meaningfully during his lifetime, arguing action is needed to avoid delaying it to the next generation. His solution: purchasing a Mars flyby mission slot for SpaceX would give the company another key incentive to keep Mars on its agenda. Yesterday, SpaceX made official that Wang will serve as mission commander for the firm’s first interstellar manned flight: a two-year journey that will first explore space beyond the Earth-Moon system, then fly past Mars before re

On May 23, monitoring from HyperInsight (available at https://t.me/HyperInsight) reveals that Ethereum whale Huang Libo has closed most of his Ethereum long positions, leading to another partial liquidation. The whale still holds 1,700 ETH in long positions, with only $23 standing between its holdings and the next liquidation threshold, bringing total losses to nearly $33 million.

On May 23, per monitoring from HyperInsight (@HyperInsight), on-chain whale loracle.hl (@loraclexyz) successfully flipped its $20 million 20x short position in Bitcoin (BTC) from a loss to profit. The position was entered at $75,029.5, generating an approximate floating profit of $170,000. Separately, the trader’s $100 million short position in HYPE remains underwater, with an entry price of $45.2562 and a current floating loss of $18.6 million.

On May 23rd, data from the HTX exchange shows the crypto market has seen a sharp short-term pullback. Bitcoin dropped below $75,000 to a low of $74,500, posting a 3.7% decrease over the past 24 hours. Ethereum slumped to a low of $2,007 and is currently trading at $2,026, marking a 4.8% decline in the same 24-hour period. Coinglass figures indicate that total liquidated positions across the entire crypto network surged to $377 million in the last hour.