USDH Deployer Initiates Transfer and Sale of Portion of HYPE Holdings

June 3: According to HTX market data, Bitcoin has rebounded and risen above $67,000, currently trading at $67,014, with its price down 5.19% over the past 24 hours.

June 3rd (Yonhap) — South Korea’s National Election Commission referred Incheon mayoral candidate Yoo Jeong-bok of the Korea National Power Party to police on June 1 over suspicion of violating the Public Official Election Act, Yonhap News Agency reported. The candidate is accused of filing false asset declarations during his run. A recent correction notice from the election commission revealed discrepancies in his filings: his spouse’s assets were previously listed at 440 million South Korean won, but should be 519 million won total; his family’s total assets were incorrectly reported as 1.845 billion won, while the actual amount is 1.922 billion won.

June 3 — Per monitoring from LookOnChain, trader Garrett Jin deposited a total of 577,717 ETH into Binance between May 6 and May 10. At an average ETH price of $2,337 during that window, the total value of the transaction landed at roughly $13.5 billion. Shortly after this large deposit, ETH entered a steady pullback and tumbled more than 20% in value. Currently trading around $1,840 per ETH, the value of Jin’s deposited holdings has dropped by approximately $290 million since the time of the transfer.

June 3 update: According to Hyperinsight’s monitoring (https://t.me/HyperInsight), MRVL (Marvell Technology) has maintained a sharp upward trend ever since Jensen Huang named it the "next trillion-dollar company" yesterday. In today’s after-hours trading, the stock briefly neared $340, marking a 56% cumulative gain from the start of the rally. The market surge has brought profits to both early-positioned and late-stage traders on Hyperliquid. One specific trader’s unrealized gains expanded from roughly $880,000 last evening to $2.06 million this morning, translating to a ~155% return rate. This trader currently holds a 3x leveraged MRVL long position valued at $6.03 million — the largest MRVL long position on the platform. Reports indicate the address opened this long position as early as yesterday morning, when MRVL traded at $222, committing approximately $1.32 million in initial capital. Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2

June 3. Per BlockBeats statistics, stocks in NVIDIA’s portfolio have posted strong gains so far this year — several of which were publicly highlighted by NVIDIA CEO Jensen Huang (Huang Renxun) earlier. They include: - NBIS (Nebius) — Up 485.7%: An AI infrastructure and cloud service provider, formerly Yandex’s international business unit, specializing in high-performance computing, data centers, and AI training cloud platforms. - INTC (Intel) — Up 253.1%: A leading global semiconductor company that designs, manufactures, and sells CPUs, GPUs, data center/AI chips, and related computing products. - CRWV (CoreWeave) — Up 198.2%: An AI cloud infrastructure provider focused on high-performance GPU cloud computing platforms, offering dedicated cloud services for AI training and inference. - NOK (Nokia) — Up 116.9%: A telecom equipment giant delivering mobile, fixed, and cloud networking infrastructure, plus related software services. - MRVL (Marvell Technology) — Up 55.7%: A semiconductor s

June 3 — Per Coinbob’s Hot Address Tracker (https://t.me/Coinbob_track_CN), the largest Bitcoin (BTC) position on Hyperliquid today stems from the wallet address 0x50b. This whale placed a short position of 724.1 BTC with 20x leverage an hour ago, worth roughly $48.03 million. Its average entry price is $66,128, liquidation price stands at $71,715, and the position is currently slightly underwater. Notably, this address has achieved 23 consecutive profitable intraday BTC scalping trades recently, with a 92% weekly win rate. Over the past seven days, it has accumulated $2.57 million in profits, more than doubling its capital. Wallet address: 0x0df25979a16d993e55bd58d05b6197c71634ab64