Important information from last night and this morning (May 11-May 12)

A whale/institution released 103,040.6 SOLs, worth $17.7 million

According to Onchain Lens, a whale/institution unpledged 103,040.6 SOL worth $17.7 million after a month of silence. The whale still holds 3,369,634 SOL worth $584.09 million.

USDT market value exceeds 150 billion US dollars, setting a new record high

Coingecko data shows that the market value of stablecoin USDT has exceeded US$150 billion, setting a record high, with trading volume reaching US$33.46 billion in the past 24 hours.

FTX/Alameda address unstaked 187,625 SOL 8 hours ago, equivalent to 32.24 million US dollars

According to Onchain Lens, 8 hours ago, the FTX/Alameda staking address released 187,625 SOL (about 32.24 million US dollars) of staking. There are still 5,203,577 SOL worth 913.54 million US dollars in the staking wallet.

Another whale shorted BTC worth $44 million with 40x leverage, and the liquidation price was $112,660

According to Lookonchain monitoring, the whale with the address starting with 0x5D2F opened a short position of Bitcoin worth $44 million with a leverage of 40 times, and its liquidation price was $112,660. Earlier news came that the "Hyperliquid 50x whale" (address starting with 0x51d9) opened a high-multiple short position of BTC again after 35 days, opening 888.8 BTC (about $92.93 million) at 40x, with an opening price of $104,094 and a liquidation price of $105,689.

Irish Presidential Candidate Conor McGregor to Meet with El Salvador’s President to Discuss Strategic Bitcoin Reserves

According to Coingape, Irish presidential candidate and UFC champion Conor McGregor has confirmed that he will meet with Salvadoran President Nayib Bukele to discuss the establishment of a national Bitcoin strategic reserve plan. The meeting will take place during the "Bitcoin Sovereign Summit", and McGregor advocates "returning monetary power to the people" through Bitcoin reserves. In addition to Bitcoin, McGregor said he is exploring the transparent application of other cryptocurrencies in government processes, and Cardano founder Charles Hoskinson has taken the initiative to discuss possible cooperation. Analysts speculate that its final plan may include a combination of Bitcoin reserves and selected digital assets. Previously, its Meme coin REAL project failed to raise funds, but with the recent recovery of the crypto market, policy discussions have picked up again.

A whale deposited another 5 million USDC into Hyperliquid, shorting BTC, ETH, and SOL with 5x leverage

According to Lookonchain monitoring, a whale once again deposited 5 million USDC (a total of 25 million USDC) into the Hyperliquid platform, shorting BTC, ETH and SOL with 5x leverage. Its current loss has exceeded 700,000 USD.

Crypto KOL Patricio Worthalter sold 2,000 ETH for 5.01 million USDC

According to Onchain Lens, crypto KOL Patricio Worthalter (@worthalter) sold 2,000 ETH at $2,506 per ETH in exchange for 5.01 million USDC. Currently, the wallet still holds 388.6 ETH, which is worth about $985,000 at the current price.

“Hyperliquid 50x Whale” shorted BTC again after 35 days

According to the monitoring of on-chain analyst Yu Jin, "Hyperliquid 50x whale" @qwatio has once again opened a high-leverage large position contract on Hyperliquid after a lapse of 35 days: using 2.683 million USDC as margin. ◉ 40x short 888.8 BTC (about 92.93 million US dollars), opening price 104,094 US dollars, liquidation price 105,689 US dollars. ◉ 10x short 1 million LDO (about 1.1 million US dollars), opening price 1.08 US dollars, liquidation price 1.98 US dollars.

Chinese press conference: China-US high-level economic and trade talks made substantial progress and reached important consensus

According to Cailianshe, China and the United States held high-level economic and trade talks in Geneva, Switzerland from May 10 to 11. The Chinese delegation said at a press conference that the two sides had in-depth exchanges on economic and trade issues of mutual concern. The atmosphere of the talks was candid, in-depth and constructive, and substantial progress was made and important consensus was reached. The two sides agreed to establish a China-US economic and trade consultation mechanism, identify the leaders of both sides, and conduct further consultations on economic and trade issues of mutual concern. China and the United States will finalize the relevant details as soon as possible and will issue a joint statement reached at the talks on May 12.

A new wallet withdrew $7.6 million worth of TRUMP from Binance and OKX

According to Onchain Lens, a newly created wallet withdrew 553,996 TRUMP tokens (worth $7.6 million) from Binance and OKX.

Canadian technology company Matador plans to raise $3 million CAD, with part of the net proceeds to be used to increase Bitcoin holdings

According to the official announcement, Canadian technology company Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF) recently announced that it will conduct a non-broker private placement, with a maximum issuance of 5,454,546 units at a price of 0.55 Canadian dollars per share. Matador expects the total amount of funds raised to be up to 3 million Canadian dollars. It is expected that approximately one-third of the net proceeds from this offering will be used for the following purposes: purchasing Bitcoin; advancing the company's gold acquisition and Grammy business plans; and general corporate purposes.

Guotai Junan International plans to develop tokenized securities business

Guotai Junan International’s official account stated that according to the “Circular on Intermediaries Engaged in Tokenized Securities-Related Activities” issued by the Hong Kong Securities and Futures Commission, relevant business plans were submitted for the tokenized securities distribution business and the digital bond issuance business, and both have been confirmed by the regulators to have no further problems. It pointed out that Guotai Junan International submitted a wealth management-related business plan to the Hong Kong Securities and Futures Commission on January 21, 2025, intending to distribute tokenized securities to customers or provide advice on tokenized securities on the basis of existing securities transactions. The types of tokenized securities covered by the plan include; structured products linked to multiple underlying assets (such as structured notes, over-the-counter derivatives), SFC-approved funds and non-approved funds, and bonds. The Hong Kong Securities and Futures Commission sent a confirmation email on May 7, 2025, stating that there were no further questions about the plan.

Data: APT, ARB, AVAX and other tokens will usher in large amounts of unlocking, of which APT unlocking value is about 67.5 million US dollars

According to Token Unlocks data, APT, ARB, AVAX and other tokens will have large unlocks next week, including: Aptos (APT) will unlock about 11.31 million tokens at 2:00 a.m. Beijing time on May 13, which is 1.82% of the current circulation and worth about $67.5 million Arbitrum (ARB) will unlock about 92.65 million tokens at 9:00 p.m. Beijing time on May 16, which is 1.95% of the current circulation and worth about $42.7 million Avalanche (AVAX) will unlock about 1.67 million tokens at 8:00 a.m. Beijing time on May 17, which is 0.4% of the current circulation and worth about $41.3 million. Starknet (STRK) will unlock about 127 million tokens at 8:00 a.m. Beijing time on May 15, which is 4.09% of the current circulation and worth about $23 million. Immutable (IMX) will unlock about 24.52 million tokens at 8:00 a.m. Beijing time on May 16, which is 1.35% of the current circulation and worth about $17.9 million. Sei (SEI) will unlock about 55.56 million tokens at 8:00 p.m. Beijing time on May 15, which is 1.09% of the current circulation and worth about $14.5 million. Melania Meme (MELANIA) will unlock about 26.25 million tokens at 8:00 am Beijing time on May 18, accounting for 6.63% of the current circulation and worth about $10.4 million. ApeCoin (APE) will unlock about 15.6 million tokens at 8:30 pm Beijing time on May 17, accounting for 1.95% of the current circulation and worth about $10.3 million.

Ethereum's market value surpasses Coca-Cola and rises to 40th place in global asset market value ranking

According to the latest data from 8marketcap, Ethereum's current market value has exceeded US$300 billion, currently reaching US$303.57 billion, with a 24-hour increase of 4.17%, surpassing Coca-Cola (US$303.53 billion) and rising to 40th place in the global asset market value ranking.