Micron Technology Extends Pre-market Gain by 5.2%, Two Whales Open $1 Million Long Positions in Afternoon
According to Hyperinsight monitoring on June 1st, U.S. storage concept stocks rallied collectively during pre-market trading. Micron Technology (MU) surged over 5.2% in pre-market hours, with MU trading at $1,020 on the Hyperliquid platform. Compared to 24 hours ago, its trading volume rose by 23% to $68 million, while open interest dipped slightly to $170 million.
With the price jumping above the $1,000 mark, two whale accounts on Hyperliquid opened million-dollar long positions on MU in the afternoon. The entry price for these positions is around $1,005, and their liquidation prices stand at roughly $845. Both long positions are currently showing unrealized gains.
The relevant wallet addresses are: 0x519c721de735f7c9e6146d167852e60d60496a47 and 0x7a833ef6cc97e6c027d5fed9965fdad5ef84d889.
8 minutes ago
CoinShares: Digital Asset Funds See $1.67 Billion Outflows in a Single Week, Marking the Second Largest Outflow of the Year
June 1 update: CoinShares’ latest weekly report shows global digital asset investment products posted a net outflow of $1.67 billion last week—marking the third straight week of capital outflows. This is also the second-largest weekly outflow since 2026, trailing only the week of January 23. Cumulative net outflows over the past three weeks now total $4.21 billion, meaning risk-off sentiment fueled by Middle East tensions has outweighed the positive impact from the U.S. CLARITY Act regulatory developments.
Breaking down the outflows: Bitcoin investment products alone saw a net outflow of $1.438 billion—this year’s largest single-week outflow on record. Ethereum investment products posted a net outflow of $257 million. The ongoing fund exodus drove global digital asset assets under management (AuM) down from $148 billion the prior week to $141 billion, hitting its lowest level since early April. The U.S. market led the withdrawals, accounting for $1.63 billion of the total net outflows
8 minutes ago
Gnosis Co-Founders: Taking Immediate Steps to Control Losses, Including Requesting Cross-Chain Bridge Validators to Halt Relevant Bridge Operations
On June 1st, Martin K?ppelmann, co-founder of Gnosis, issued a statement responding to the recent attack incident, noting that the security breach stems from a vulnerability in the Zodiac Delay Module. Attackers exploited this flaw to initiate transactions from a Safe wallet configured with the delay module, exposing users to potential fund risks. The team is rolling out multiple emergency mitigation measures, including requesting cross-chain bridge validators to suspend relevant bridging operations, while continuously assessing the full scope of the impact and the extent of incurred losses.
8 minutes ago
Yours Innovation Receives Approval for Sci-Tech Innovation Board (STAR Market) IPO
June 1, 2026 – The Shanghai Stock Exchange’s Listing Review Committee held its 31st meeting of 2026. The review result shows that Yushu Technology Co., Ltd.’s IPO meets all issuance conditions, listing requirements, and information disclosure standards. (Source: Golden Ten)
8 minutes ago
European Central Bank Executive: Digital Euro Key Tool to Counter Stablecoin Risks
June 1 – Isabel Schnabel, a member of the European Central Bank’s (ECB) Executive Board, told The Block that the rapid growth of stablecoins could pose risks to financial stability, monetary policy transmission, and the global monetary system. She noted central banks worldwide should address these risks by strengthening regulation and advancing central bank digital currency (CBDC) projects.
Schnabel emphasized a digital euro is critical to preserving central bank money’s anchoring role. Global stablecoin market capitalization has reached nearly $300 billion, with Tether’s USDT and USD Coin (USDC) accounting for roughly 90% of the market. Dollar-denominated stablecoins are reinforcing the U.S. dollar’s dominance in the global financial system via network effects, which could amplify how U.S. monetary policy spreads globally—while euro stablecoins remain on the periphery of this space.
Schnabel added Europe should not resist financial innovation, but instead ensure it develops with
8 minutes ago
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