Odaily News According to Lookonchain monitoring, a whale holding 126 million JELLY (jellyjelly) is manipulating the price of the currency. The address first sold JELLY to plunge the price, leaving HLP with a passive short position of 398 million JELLY (about $15.3 million). Then the address bought back JELLY, pushing up the price, causing HLP to lose nearly $12 million.

Odaily News According to a post by on-chain analyst @ai_9684xtpa, Update the data status of Hyperliquid treasury depositors: the TOP10 deposit addresses provide 15.9% of the treasury funds (about 36.7 million US dollars). If the front-row whales flee in panic, it will further lead to a negative cycle and accelerate the treasury explosion; the deposit and withdrawal records of the treasury show that some treasury funds are fleeing, but the amount is not large, which may be the behavior of retail investors.

Odaily News Bitvavo, the worlds largest Euro exchange, announced today that it has launched the Delysium token AGI, which is now open for trading. At the same time, Delysium will announce its 2025 roadmap in the near future, including updates and releases of its flagship product Lucy as Perplexity for crypto, and You Know I Love You (YKILY) Network, an infrastructure built for large-scale AI agent collaboration.

Odaily News OKX market data shows that SOL fell below 140 USDT and is now at 139.96 USDT, a 24-hour drop of 4.37%. (This newsletter is generated by AI)

Odaily News According to the monitoring of on-chain analyst @ai_9684xtpa, the Hyperliquid Vault has suffered a floating loss of $10.63 million due to the automatic liquidation of the $5 million JELLYJELLY short position received by traders. If the counterparty raises the price of the coin to around $0.17 (currently $0.16004), the vault will face liquidation and lose the $240 million currently held. It seems that funds have been deliberately raising the price of JELLYJELLY, which has risen by 230% in the past hour. Whats worse is that the funds in Hyperliquid Vault seem to be decreasing, which will further squeeze the liquidation price. In addition, according to X platform user @DamianProsa, this move is suspected to be a conspiracy of JELLY token market makers, who sent 12.6% of the token supply to Hc8gNSMaQiahiRiGjUfTaW8AXudRJHeGoeGpAn8WRGwg, and $500 worth of tokens were sold every few seconds; this address holds 65% of the entire liquidity pool. If it sells all, the price of JELLY tokens will fall sharply, and the project may fall to $5 million again.

Odaily News Recently, T3 FCU (T3 Financial Crime Unit), jointly initiated by Tether, TRON, and TRM Labs, officially announced that it has frozen $9 million related to the Bybit hacker.

Odaily News According to the official announcement, Bitget announced that it has launched U-based NAVX perpetual contracts with a leverage range of 1-20 times. Contract trading BOT will be opened simultaneously.

Odaily News According to crypto journalist Eleanor Terretts post on X platform, Bryan Steil, a member of the Wisconsin House of Representatives and chairman of the U.S. House of Representatives Financial Services Republican Committee, said at the Digital Chamber Summit that the House of Representatives will finalize the full text of the Stablecoin Transparency and Accountability Act (STABLE Act) today.

Odaily News According to official news, in order to give back to the needs of the community and further promote the application of stablecoins, BNB Chain announced that the Zero Gas Fee Carnival event will be extended to June 30, 2025. Users can easily enjoy the exemption of gas fees when transferring stablecoins in BNB Chain. Currently, stablecoins include: USDT, USDC and FDUSD. As of now, the carnival event that started in September last year has borne more than 3 million US dollars in stablecoin transfer gas fees. Currently, the centralized exchanges that support the event are: Binance, Bitget, MEXC, Bitmart, Ourbit, BingX, LBank and Hashkey, and the wallets include Bitget Wallet, SafePal, Trust, Tokenpocket, Mathwallet, ImToken, etc. During the event, there is no cross-chain fee for transferring to BNBChain through the cross-chain bridges Celer, cBridge and Meson.Fi. In addition, the yield of stablecoins can be increased through multiple DeFi protocols on the BNB Chain chain. Recently, Trumps World Liberty deployed its stablecoin USD1 on the BNB chain, and Wintermutes public wallet used $USD1 for test transfers, which will further expand the BNB Chain stablecoin ecosystem. Currently, the market value of BNB Chain stablecoins exceeds US$7 billion, and BNB Chain continues to encourage more stablecoins to be deployed in the ecosystem.

Odaily News OKX market data shows that BTC fell below 87,000 USDT and is now at 86,976.1 USDT, a 24-hour drop of 0.78%. (This newsletter is generated with the assistance of AI)