Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

May 19: According to Hyperinsight’s monitoring, among whales holding tens of millions of Bitcoin (BTC) on Hyperliquid, the address 0x50b309f78e774a756a2230e1769729094cac9f20 is currently closest to its liquidation line. This address has a liquidation price of $74,214, with roughly a $25 million gap to the current market price—equivalent to a 3.31% difference. One day ago, this whale opened a 20x-leveraged long position of 881.6 BTC (valued at approximately $67.6 million) at an average entry price of $77,934. It now holds an unrealized loss of $1.06 million, a 37% decline, making this the largest BTC long position on the Hyperliquid platform.

On May 19, Lido announced via social media that Swellchain will be permanently shut down on June 15, 2026. All users are required to withdraw their wstETH assets in advance of this date. After June 15, 2026, Swellchain will be permanently closed, and any remaining wstETH may be unrecoverable.

On May 19, Echo Protocol announced that its Echo Bridge deployed on Monad has been impacted by a security incident. The team has temporarily suspended all cross-chain transactions, launched an investigation, and will continue to disclose follow-up progress through its official channels.

On May 19th, Echo Protocol announced it is investigating a security incident affecting its cross-chain bridge on the Monad network. All cross-chain transactions have remained suspended throughout the ongoing probe. Earlier reports from PeckShield’s monitoring indicate Echo Protocol was targeted in an attack on Monad. The attacker minted 1,000 eBTC—valued at roughly $76.7 million—and deposited 45 eBTC (~$3.45 million) into Curvance using a pre-tested process. After that, the attacker used these assets as collateral to borrow around 11.29 WBTC (approximately $867,700), bridged the WBTC to Ethereum, converted it into ETH, and ultimately transferred 384 ETH (about $821,700) to the privacy mixer Tornado Cash. SlowMist founder Cao Yin noted that Echo Protocol may have been compromised due to a leaked admin key.

May 19 — Per monitoring from Hyperinsight (via its Telegram channel @HyperInsight), the HYPE token has been rallying steadily, trading above $48 as of this morning. On Hyperliquid, prominent trader “Loracle” added to his HYPE short exposure to flatten a portion of his position, accumulating roughly 200,000 tokens worth around $9.4 million. Currently, using 5x leverage, Loracle holds a short position of 1.443 million HYPE tokens, valued at approximately $68.1 million. His average entry price for the short has risen from $41.8 to $42.55, resulting in an unrealized loss of $6.76 million (a -47% decline). Separately, the market has long suspected the largest HYPE long-position holder to be the "HYPE listing insider" whale, and this wallet continues to hold a sizeable long position. Currently employing 5x leverage, it is long 1.38 million HYPE tokens, valued at around $65.3 million, with an average entry price of $38.67 and an unrealized gain of $11.9 million. Wallet addresses:

May 19 – Coinglass data shows the Coinbase Bitcoin premium has been widening steadily since May 15, even as Bitcoin’s price pulled back from $80,600 to its current level of $76,800. This recent price decline appears to be driven primarily by U.S. investors.