exceed

According to on-chain analyst @ai_9684xtpa's monitoring, address 0xa2e...f1468 started to short 23,205.35 ETH in batches at 23:42 last night, with a position value of 39.03 million dollars, an opening average price of 1,680.8 dollars, and currently has an unrealized loss of nearly 17,000 dollars.

According to Onchain Lens monitoring, "BTC OG insider whale" Garrett Jin further increased his 2x leveraged ZEC long position, currently holding 46,013 ZEC, worth approximately 19.3 million USD, with an unrealized loss exceeding 950,000 USD.In addition, his previously established 5x leveraged Bitcoin long position remains open, currently holding 1,268 BTC, with an unrealized loss exceeding 14.86 million USD.

According to Xinhua Daily, the police in Ya'an, Sichuan have cracked a cross-border online pornography crime case. The involved pornographic comic website "Shameful Color Comics" profited by inducing teenagers to frequently make small payments, with the website receiving over 100 million visits and a financial flow exceeding 12 million yuan (approximately 1.66 million USD). The police found that individuals within the country received the illicit funds through multiple companies and personal accounts, and that Li Mouwu and others transferred the money abroad using virtual currency.Recently, the People's Court of Ming Mountain District in Ya'an City sentenced five defendants for the crimes of profiting from the distribution of obscene materials and assisting in information network crime activities. Judicial authorities are still investigating the foreign financial backers behind the website.

Kraken employee Nata posted an explanation for why the SpaceX Pre-IPO orders were only partially fulfilled: global demand far exceeded the allocation limits set by underwriters, and the unmet portion will be fully refunded without any charges.ChainCatcher previously reported that Kraken employee Nata stated that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "was much less than expected and was significantly reduced," adding a note to "cancel hedging." Currently, Kraken has not issued an official statement on this matter.

Polymarket's latest data shows that the market bets on the probability of SpaceX's closing market value exceeding $2 trillion on its first day of trading is 78%, the probability of exceeding $2.2 trillion is 64%, and the probability of reaching a market value of $2.4-$2.6 trillion is 19%-39%.SpaceX will go public tonight, offering 555.6 million shares in its initial public offering (IPO) at a price of $135 per share, raising funds of $75 billion, setting a record for the largest IPO fundraising in history. Based on the offering price of $135 per share, SpaceX's market value has reached $1.77 trillion, surpassing Tesla.

According to Whale Alert monitoring, an address with a balance of 72,030,295 USDT (approximately 71,967,245 USD) has been frozen by Tether.

According to Hyperinsight monitoring, SpaceX plans to officially list on NASDAQ at 21:30 (Beijing time) on June 12. On the eve of the IPO, trading activity for SPCX on the Hyperliquid platform surged, with a 24-hour trading volume reaching 136 million USD, and the open interest exceeding 200 million USD during the same period.The largest long whale on Hyperliquid currently holds 17.6 million USD in long positions, with an average price of 165.7 USD. This position was opened two days ago, and as of the time of writing, the unrealized profit has reached 600,000 USD.

According to on-chain analysis platform Lookonchain (@lookonchain), a trader increased $106,000 to $550,000 in 2 days, with a return rate of over 419%.They have completed 6 trades, of which 5 were profitable, with a win rate of 83%. Currently, the trader holds a short position of 344.6 BTC, valued at approximately $21.81 million, with a liquidation price of $64,080.

According to Jinshi, the U.S. Producer Price Index (PPI) for May rose by 1.1% month-on-month, higher than the market expectation of 0.7%. The previous value was revised from 1.4% to 1.1%.

According to Onchain Lens monitoring, BlackRock deposited 2,100 BTC into Binance, worth $132,000,000, and 12,679 ETH, worth $21,000,000, and may continue to deposit more assets.

Bitget released its transparency report for May 2026. The data shows that the total asset scale of its IPO Prime product line has surpassed $110.8 million. Among them, the preSPAX linked to SpaceX is valued at $85.8 million, and the preOPAI linked to OpenAI is close to $25 million, indicating a growing market demand for exposure to tokenized private equity.To support the compliant development of the RWA ecosystem, Bitget launched the RWA licensed protocol Reality in May. The tokenized stocks (rTokens) it issues are strictly anchored 1:1 to the underlying U.S. stocks, with assets custodied by the FINRA-registered, SIPC-protected U.S. brokerage Alpaca, and real-time reserve proof provided through independent third-party audits.The report also disclosed that Bitget AI users surpassed 1 million in May, with monthly trading volume exceeding $1.2 billion. In terms of compliance layout, Bitget completed key regulatory registration in Mexico, further strengthening its position in the core Latin American market. With the improvement of its core product line, Bitget is accelerating the deep integration of tokenized assets, AI investments, and crypto infrastructure under the UEX framework.

According to data released by Binance on Wednesday, the direct stock trading platform launched on June 1 saw assets under management exceed $400 million in its first week, with approximately 84% of the trading volume coming from emerging market users. A quarter of the users are under 25 years old, and nearly 40% of the trading amounts are below $100, with the minimum trading threshold set at just $5. About 10% of product page visitors completed registration, of which 64% placed orders, and 70% of users chose to hold positions rather than close them on the same day.In terms of industry allocation, information technology accounted for 57% of the capital inflow in the first week, with semiconductors and hardware making up about 44%. Binance Research attributes this to users' optimism about AI infrastructure. Users traded over 1,100 assets, with 124 assets each exceeding $100,000 in trading volume. The platform is open to eligible non-U.S. users for trading over 7,000 U.S. stocks and ETFs, executed through the broker Nest Trading Limited, regulated by ADGM, with Alpaca responsible for custody.

According to official data, within 24 hours of the launch of the first project SpaceX under Gate's IPO Access, the cumulative intended subscription amount has exceeded 92 million USDT, with nearly 10,000 participants, reflecting the market's ongoing attention and enthusiasm for investment opportunities in popular tech company IPOs.This project supports participation in subscriptions using USDT, with a minimum intended subscription amount of 100 USDT and a maximum intended subscription amount of 500,000 USDT. The event adopts an "intended subscription" mechanism, and the platform will calculate the allocation weight based on the user's average locked amount during the subscription period. The specific results will be determined based on the project's issuance situation and the actual allocation amount obtained by the platform.After users receive the IPO allocation, the corresponding stocks will be directly distributed to their Gate stock accounts. After the allocation ends, the relevant stocks will be listed on the Gate stock section on June 12, allowing users to directly engage in real stock trading or hold them, achieving a seamless connection from IPO subscription to secondary market trading.

The Ethereum treasury company SharpLink posted on platform X that since launching the ETH treasury strategy, the company's accumulated staking rewards in Ethereum have reached 21,119 ETH.In addition, the Ethereum staking rewards obtained by the company last week amounted to 529 ETH.

As user demand for trading assets such as foreign exchange, gold, and indices continues to rise, the Bitget CFD sector's daily trading volume has surpassed 10 billion USD, an increase of 25% compared to early May.

Bybit's latest options weekly report states that the directional judgment over the past four weeks has all been realized this week: BTC hit a low of $59,130, surpassing the previous target range of $65k - $67k. Last week's opening was $73,760, with a low of $59,130, marking the largest weekly decline since the FTX collapse (approximately -20%), now rebounding to $63,000. Recently, three major bearish factors have overlapped: non-farm payrolls exceeded expectations reigniting interest rate hike expectations, SpaceX's IPO drawing away liquidity, and Strategy selling BTC for the first time in four years. The ETF saw a record net outflow of $1.7 billion in a single week. ETH's daily RSI fell to a historical low of 12.78, while BTC's RSI simultaneously dropped to 15.45, increasing the probability of a technical rebound, but a trend reversal remains to be confirmed. DVOL surged from a historical low of 35 to 55 before falling back to 48, with bearish options having taken profits. Currently, do not chase long positions; BTC faces significant pressure in the $63k - $65k range, waiting for CPI and DVOL to drop to 40 or for BTC to effectively reclaim $65,000 before re-entering.

According to Bloomberg, Ant Group's overseas business subsidiary Ant International is considering raising approximately $1 billion to accelerate business growth, with a valuation expected to reach $10 billion or higher. Sources reveal that potential investors include existing shareholders General Atlantic and Silver Lake, and relevant communications are still ongoing, with no final decision made yet.If the financing is successfully completed, it will help Ant International prepare for a potential listing in Hong Kong as early as this year. If the listing plan goes ahead, it will restart Ant Group's IPO process, which was halted by regulators in 2020, making it the largest IPO globally. After undergoing a compliance restructuring, Ant International established an independent board in 2024. Due to R&D investments and regulatory factors, the overall valuation of the parent company Ant Group has shrunk to approximately $79 billion in 2023.Ant International achieved revenue of $3 billion in 2024 and recorded about 25% growth in 2025. As of April 2026, its services have covered over 220 markets worldwide, supporting more than 300 payment methods. Its core business consists of four major segments, including the cross-border payment network Alipay+, merchant acquiring service Antom, cross-border trade payment platform WorldFirst, and AI digital lending and foreign exchange fund management service Bettr.In March 2026, Ant Group received approval from Chinese regulators to acquire the Hong Kong-listed brokerage Bright Smart Securities & Commodities Group Ltd. to expand its online securities business outside mainland China. Ant Group is also continuously investing in emerging technologies to explore new revenue sources, with investment directions covering large language models, humanoid robots, and a healthcare application with 140 million users.

According to Fortune, Goldman Sachs and Morgan Stanley are competing for the lead underwriter position for the future IPOs of OpenAI and Anthropic. Previously, Goldman Sachs secured the lead underwriter role for the SpaceX IPO, which is expected to take place on June 12. Both OpenAI and Anthropic's IPOs are expected to raise at least $60 billion, totaling over $120 billion.Jay Ritter, an IPO expert from the University of Florida, stated that the investment bank that secures the lead underwriter position will determine how much IPO stock allocation each fund receives, thus potentially earning far more than other underwriters. Ritter noted that institutional investors often pay a significant amount of "soft dollars" to lead underwriters to secure more IPO allocations, which refers to the portion of trading commissions that exceeds the actual execution costs.If it is still uncertain whether Goldman Sachs or Morgan Stanley will secure the lead underwriter position for OpenAI and Anthropic, funds may simultaneously direct more trading commissions to both investment banks to increase their chances of receiving allocations. For example, in the case of the SpaceX IPO, if the fundraising scale reaches $86 billion, the underwriting fee would be approximately $600 million. However, if the stock price rises by 20% on the first day, the paper gains for IPO investors would exceed $17 billion, and Ritter estimates that at least 30% of that could flow back to the investment bank in the form of soft dollars, about $5 billion, far exceeding the underwriting fee itself.If both OpenAI and Anthropic see a 20% increase on their first day of trading, the paper gains for investors would reach $24 billion. Based on the same ratio, investment banks could potentially receive over $7 billion in soft dollars, most of which would flow to the lead underwriter. Currently, both OpenAI and Anthropic have secretly submitted draft registration statements, but the listing dates have not yet been determined.