U.S. Stock Market Storage Sector Gains Across the Board in After-Hours Trading, Micron Technology Up 0.95%

May 20th — Farside Investors reports the Bitcoin ETF saw $330 million in net outflows yesterday, with IBIT logging $325.6 million of that total. The Ethereum ETF posted net outflows of $62.3 million overall, and ETHA recorded $59.4 million in net outflows.

May 20 – SpaceX’s highly anticipated initial public offering (IPO), the largest in history, is on the horizon. According to the latest data from trade.xyz, the company’s estimated market valuation is no less than $20 trillion. BlockBeats has compiled profit and loss details for major institutional investors, based on SpaceX’s merger with xAI and X, and post-combination equity distribution, as follows: Alphabet, Google’s parent company, holds a 5% stake. This position is valued at hundreds of billions of dollars, delivering a net profit of $99.1 billion for a return multiple of 110 times. Next up is Baron Capital, one of SpaceX’s long-term key investors. The firm’s holding is valued at around $23.9 billion, with profit appreciation of roughly $21.8 billion, translating to a return multiple of 10.4 times. Ranking third on the return leaderboard is D1 Capital Partners. As an early and consistent investor, SpaceX is a core part of its private equity portfolio. The institution’s stake is

On May 20, data from the trade.xyz Pre-IPO sector shows that SpaceX (ticker: SPCX) has posted $6.77 million in 24-hour trading volume, with an open position size of $32.78 million, and is priced at $205.19, corresponding to an implied valuation of $2.434 trillion. Initial trading details indicate SPCX launched at an initial price of $150, calculated based on a fully diluted reference share count of 11.87 billion shares, resulting in an initial reference market capitalization of $1.78 trillion. Earlier reports noted that trade.xyz Pre-IPO officially kicked off SpaceX trading at 7:00 AM Beijing time on May 18, with the ticker symbol SPCX.

On May 20th, per monitoring data from HyperInsight (via its Telegram channel @HyperInsight), a trader using wallet address 0xd21d9 closed a short position of 11,080 CRCL over the past 24 hours, incurring a total loss of $683,000. Separately, renowned investor Duan Yongping unveiled his Q1 investment portfolio yesterday, disclosing he opened a new position of 200,000 shares of Circle at an average price of $95.41.

On May 20th, monitoring from HyperInsight (https://t.me/HyperInsight) reveals a trader opened leveraged short positions on the Hyperliquid platform. The trader shorted 9,220 shares of SpaceX’s SPCX ticker with 3x leverage, totaling a $1.88 million position. Concurrently, the same trader shorted 18,130 shares of Cerebras’ CBRS ticker—also with 3x leverage—for a $5.63 million position. Combined, these two shorts currently carry over $50,000 in unrealized losses.

On May 20th, on-chain analyst Darkfost noted that Bitcoin’s Long-Term Holder (LTH) unrealized loss has reached 5.7 million coins — mirroring bear market highs from prior cycles: 5.96 million in 2015, 5.8 million in 2019, and 6.8 million in 2022. Even so, BTC’s current price is roughly 52% off its all-time high — a steeper drop than seen in previous bear market corrections. That gap suggests the losses are heavily concentrated among the younger segment of LTHs, most likely driven by significant trading activity in the $80,000–$125,000 price zone.