A newly created address has opened a 10x leveraged long position for 5,000 ZEC and 25,000 HYPE, with a total value of approximately $3.74 million.

**May 6th Market Brief: Situational Awareness LP Holdings (Q4 2025 Filings) See Broad Gains** Per Bitget market data, holdings of **Situational Awareness LP** (based on its Q4 2025 regulatory filings) posted widespread increases today. Key moves include: - Bloom Energy (BE): +2.29% - CoreWeave (CRWV): +1.96% - Core Scientific (CORZ): +5.17% - Lumentum (LITE): +1.88% - Sandisk Corp (SNDK): +11.98% - Intel (INTC): +12.92% - Applied Digital (APLD): +11.93% - IREN (IREN): +10.63% - Cipher Mining (CIFR): +23.53% - Bitdeer (BTDR): +2.63% - Coherent (COHR): +1.77% ### Founder & Fund Context Situational Awareness LP was launched by **Leopold Aschenbrenner**—a 25-year-old German-born investor (born 2001/2002) with a track record in AI infrastructure. Notable milestones: - Previously worked at FTX Future Fund - Joined OpenAI as a researcher in 2023, but was terminated in 2024 over alleged misconduct and refusal to cooperate with an internal investigation

On May 6, per Onchainlens data, a whale has resurfaced after three months of inactivity. The entity deposited $4.1 million into HyperLiquid to open a 2x leveraged long position of 92,161 SOL—valued at $8 million. Additionally, the whale maintains a long position of 5,992 ETH, worth roughly $14 million.

On May 6, per data from Farside: - U.S. Bitcoin spot ETFs saw net inflows of $467 million yesterday, broken down as: BlackRock IBIT: +$251M Fidelity FBTC: +$133M Bitwise BITB: +$14.6M ARK ARKB: +$92.3M VanEck HODL: -$5.8M Grayscale GBTC: -$18.4M - U.S. Ethereum spot ETFs recorded net inflows of $97.5 million yesterday, with the following breakdown: BlackRock ETHA: +$69.5M BlackRock ETHB: +$2.4M Fidelity FETH: +$24.2M 21Shares TETH: +$1.4M

On May 6, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that Wintermute’s large deposit of Token B to a centralized exchange (CEX) on May 4 reportedly triggered a 16.8% price drop. The token’s price briefly dipped to $0.2777 before surging to an intraday high of $0.5527 this morning, marking a maximum intraday volatility of 99%.

On May 6, American rapper Iggy Azalea faces a class-action lawsuit over allegations she misled investors about the real-world utility and future development of the meme coin Mother Iggy (MOTHER) on the Solana blockchain. The suit was filed this Monday in Manhattan federal court by plaintiff Kenneth Kolbrak. In the complaint, Kolbrak alleges Azalea publicly hyped the token’s real-world utility, business integrations, and ongoing development plans—none of which were fully realized, or existed only briefly. Specific claims include: - The online entertainment platform “MOTHERLAND”—which she promoted—did not actually use the MOTHER token; instead, transactions were settled in USDT. - The business integrations she claimed (for purchasing phones and plans) were never enduringly or publicly demonstrated on relevant platforms. - When rolling out liquidity pool management for token trading, relevant terms and risks were not disclosed to token holders. Kolbrak claims he lost “hundred

On May 6th, Multicoin Capital co-founder Tushar Jain said in a social media post he’s been aggressively accumulating privacy coin Zcash (ZEC) since February. Multicoin Capital notes Zcash harkens back to the cypherpunk ideals that underpinned cryptocurrency’s creation. California’s proposed wealth tax legislation serves as a warning: as politically motivated wealth confiscation becomes more prevalent, individuals and institutions are increasingly turning to private assets to safeguard their interests. While Bitcoin boasts censorship resistance (it can’t be frozen or halted), governments can still seize known Bitcoin holdings via wealth taxes. That’s why assets with true privacy, censorship resistance, and seizure resistance have a clear product-market fit—and demand for them is surging. In Jain’s view, ZEC is the most direct public market vehicle to bet on this investment theme.