News linked to both this project and an event.
Bybit’s latest options weekly report states that all four directional predictions for this week were fulfilled: BTC hit a low of $59,130—surpassing the prior target range of $65,000–$67,000. Opening last week at $73,760 and plunging to $59,130, BTC recorded its largest single-week decline since the FTX collapse (roughly −20%). It has since rebounded to $63,000. Three bearish catalysts recently converged: stronger-than-expected NFP data reigniting rate-hike expectations; SpaceX’s IPO siphoning liquidity; and Strategy selling BTC for the first time in four years. Spot Bitcoin ETFs saw a record net outflow of $1.7 billion for the week. ETH’s daily RSI plunged to a historic low of 12.78, while BTC’s daily RSI dropped to 15.45—raising the probability of a technical rebound, though trend reversal remains unconfirmed. DVOL surged from its historical low of 35 to 55 before retreating to 48; put options have already been profitably closed. Currently, chasing long positions is discouraged. BTC faces significant resistance between $63,000 and $65,000. Entry should await either the June 10 CPI release or DVOL falling back to 40—or until BTC convincingly closes above $65,000.
It notes that, in addition to the 100 million H tokens minted one hour ago, over 200 million H tokens sold in the preceding hours were aggregated and sold from nearly 300 wallets—whose tokens were unlocked two weeks ago or received 11 months ago—and all of these wallets withdrew gas from Gate and Bybit three weeks ago.
Odaily Odaily News According to on-chain analyst EmberCN, BNBChain Life, which has surged 20x in two months, may be controlled by Garrett Jin – the whale entity that converted tens of thousands of BTC into over 900,000 ETH last year and suffered a $230 million loss from a long position liquidation on Hyperliquid this February.1. From February to recent days, an address cluster has accumulated 284 million BNBChain Life tokens ($237 million) through Binance withdrawals and on-chain purchases. This represents 28.4% of the total BNBChain Life supply.Including holdings on CEX, they likely control a significant proportion of BNBChain Life. The token has also surged 20x during these months ($0.04 → $0.85).2. Intersection with the Garrett Jin whale entity: Shared deposit addresses.- Multiple addresses that withdrew large amounts of BNBChain Life from Binance shared a Binance deposit address with the Garrett Jin whale entity six months ago. Addresses that have been heavily buying BNBChain Life on-chain in the past five days shared a Bybit deposit address with the Garrett Jin whale entity.Therefore, BNBChain Life is highly likely being manipulated by the Garrett Jin whale entity.◎The Garrett Jin whale entity is the prominent entity that held 100,000 BTC last year, managed by Garrett Jin.◎Last year, via Hyperliquid, it swapped tens of thousands of BTC for over 900,000 ETH at prices above $3,500.◎This February, the entity opened a long position of over 200,000 ETH on Hyperliquid, ultimately resulting in a $230 million liquidation loss.◎In May, when ETH was around $2,350, they transferred 577,000 ETH ($1.351 billion) into Binance, after which ETH continued to decline.
According to on-chain analyst Onchain Lens (@OnchainLens), Arthur Hayes’s associated wallet has deposited an additional 85,714 $HYPE tokens into Bybit, valued at approximately $5.73 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the USDH deployer began moving part of its HYPE holdings 12 hours ago: it received approximately 1.01 million HYPE (roughly $72.45 million) from unstaking, then transferred approximately 200,000 HYPE (roughly $15 million) to a new wallet and deposited 200,000 HYPE (roughly $13.76 million) into Flowdesk—of which 120,000 HYPE (roughly $8.25 million) have been sent to Bybit, while the remaining 80,000 HYPE (roughly $5.7 million) are being continuously sold on HyperLiquid.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 3.82 million GRASS tokens (valued at approximately $1.86 million) into Bybit and OKX after holding them for one year. This represents a loss of roughly $4.22 million compared to the initial acquisition cost of $6.08 million—funds originally withdrawn from Gate, Bybit, and BitGo.
According to on-chain analytics platform Lookonchain (@lookonchain), two large HYPE withdrawals occurred in the past 12 hours: a new wallet, 0x6436, withdrew a total of 263,906 HYPE (approximately $19.2 million) from OKX, Bybit, Kraken, and Gate; another new wallet, 0x5EaD—linked to Anchorage Digital—withdrew 88,955 HYPE (approximately $6.5 million) from Kraken five hours ago. The combined value of these two withdrawals is approximately $25.7 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a newly created wallet (0x82C0) withdrew 5 million USDT from Bybit today and purchased 8.1 million $BNB Life tokens.
Odaily Odaily News According to on-chain analyst Ai Yi's monitoring, an address withdrew 5 million USDT and 0.5 BNB from Bybit 17 hours ago as miner fees, then purchased 8.1 million Binance Life tokens at an average price of $0.61417. They now hold 0.81% of the token supply, becoming a TOP20 holder on-chain.During this buying activity, the token price rose from $0.5314 to $0.702, a gain of 32%. It has now retreated to $0.6246, with a 24-hour increase of 25%.
According to on-chain analyst Yujin (@EmberCN), Galaxy Digital’s address redeemed 1 million HYPE tokens—worth approximately $61.16 million—from staking four hours ago, and subsequently transferred 500,000 HYPE tokens (valued at roughly $30.36 million) to OKX and Bybit. Data shows these HYPE tokens were staked eight months ago, at an average price of approximately $45.70 per token; based on this, the unrealized profit is at least around $15.4 million.
According to on-chain investigator Eye, DxSale is suspected of withdrawing approximately $7.3 million from some of its early liquidity pools locked on BNB Chain since 2021—impacting over 1,400 LPs. Eye stated that the attack involved silent ownership transfers and over 80 wallet hops. Eye noted that the newly used wallet address in the attack received 104 BNB from Bybit 20 hours prior to the liquidity pool withdrawal, and subsequently received approximately 1,200 BNB after the funds were withdrawn from the liquidity pools. Thereafter, this address transferred roughly 3,400 BNB in total to two wallets, with the related funds already withdrawn via multiple Binance deposit addresses.
According to on-chain analyst Onchain Lens (@OnchainLens), an Arthur Hayes-associated wallet deposited 115,453 HYPE tokens—worth approximately $6.33 million—and 1.76 million AERO tokens—worth approximately $785,000—into Bybit. Data shows that Arthur Hayes currently still holds 247,334 HYPE tokens, valued at approximately $13.6 million.
Reportedly, Bybit has launched its AI sub-account feature, offering users isolated fund management and more granular permission controls. The AI sub-account employs an independent account architecture that isolates AI agent activities within a dedicated operational environment, preventing intelligent trading bots from executing unauthorized fund transfers or liquidations on the main account. Users can customize multiple constraints for the sub-account, including funding caps, withdrawal disablement, and leverage limits.
According to Onchain Lens monitoring, a whale withdrew 85,226 HYPE from Bybit, valued at $4.08 million. This address has accumulated a total of 2.22 million HYPE over the past month, valued at $105.75 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a wallet associated with Anchorage purchased 397,000 $HYPE tokens from Bybit and OKX, valued at approximately $18 million. Over the past month, this wallet has accumulated a total of 2.13 million $HYPE tokens, with a total value of approximately $91.99 million.
According to on-chain analyst Yujin (@EmberCN), Multicoin Capital transferred 150,000 AAVE tokens (approximately $14.91 million) yesterday morning via Galaxy Digital and BitGo to multiple centralized exchanges (CEXs), including Binance, OKX, Coinbase, and Bybit. Following this transfer, the AAVE price dropped approximately 7% from $99 to $92. Subsequently, Galaxy Digital withdrew 98,000 AAVE tokens (approximately $9.08 million) from those exchanges back to Multicoin Capital’s address, prompting a modest rebound in AAVE’s price to $93.
According to on-chain analyst Ember (@EmberCN), Multicoin Capital allegedly transferred 150,000 AAVE tokens (worth approximately $14.91 million) to Galaxy Digital and BitGo. Subsequently, these tokens were dispersed across centralized exchanges including Binance, OKX, Coinbase, and Bybit—potentially indicating an intent to sell. Previously, in November last year, Multicoin Capital accumulated 338,000 AAVE tokens at a price of $219 each. If sold at $99 per token, Multicoin Capital’s estimated loss on AAVE would exceed $40.56 million—a decline of roughly 55%.
According to Amr Taha, a CryptoQuant analyst, following the release of U.S. April CPI data—which came in higher than expected—Bitcoin derivatives markets witnessed synchronized risk reduction. Open interest across four major exchanges—Binance, Gate.io, Bybit, and OKX—collectively declined by approximately $1.25 billion. Gate.io saw the largest drop, at roughly $578 million; Binance followed with about $473 million; Bybit and OKX declined by approximately $123 million and $75 million, respectively. This synchronized contraction across multiple platforms indicates that the deleveraging was not an isolated incident confined to a single exchange, but rather a broad, market-wide defensive response to macroeconomic data. Analysts note that the decline in open interest may stem from long-position liquidations, short-covering, or proactive leverage reduction—and should not be interpreted in isolation as a definitive bearish signal. However, large-scale, synchronized open interest contraction triggered by macro catalysts typically signals that derivatives traders are rapidly adjusting their risk exposure.
According to Onchain Lens monitoring, a whale withdrew 3.79 million LIT (worth $3.55 million) from OKX and Bybit and deposited them into the Lighter Vault.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale deposited 5,820 ETH—worth $13.3 million—into OKX and Bybit, marking its first such activity in one month.