News

According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold positions totaling $3.893 billion, with long positions amounting to $1.978 billion, accounting for 50.81% of holdings, and short positions at $1.915 billion, making up 49.19% of holdings. The profit and loss of long positions is $130,800, while the short positions have a profit and loss of -$27,345,700. Among these, whale address 0x6c85..f6 is taking a 20x full leverage long position on ETH at a price of $2,265.44, currently with an unrealized profit and loss of $1,282,200.

According to BlockBeats, on May 2, data from Polymarket shows that the probability of the CLARITY Act being signed into law in 2026 has risen to 60%, up 14% from yesterday. Previous reports indicated that the CLARITY Act's stablecoin yield rules have been finalized, stipulating that crypto companies must not pay customers “any form of interest or yield” solely for holding stablecoins, similar to bank deposits or any comparable interest-bearing products. However, crypto companies are permitted to offer rewards linked to “real activities.” With the new stablecoin yield provisions announced, the CLARITY Act may be one step closer to becoming law.

Glonghui May 2｜After the record-breaking surge in April, US equity bulls are facing a moment of reckoning: there are hardly any remaining investors left in the market to buy in. At least, that appears to be the case among large asset management companies. The S&P 500 Index previously recorded its best performance since 2020, and after tens of billions of dollars of capital rushed into the stock market, the upward momentum is now beginning to fade. Currently, hedge funds and Commodity Trading Advisors (CTA) are reducing their buying positions. According to Goldman Sachs’ equity position measure, current position crowding has rarely been surpassed in the past five years.