Lei06

Binance Alpha airdropped NEX, sold for 102U, the recent new coin airdrops have been pretty good 👍

Serbian President Vučić will make a state visit to China

ZEC breaks through $620, 24-hour increase expands to 11.9% On May 20, ZEC broke through $620, with a 24-hour increase expanding to 11.9%. On the news front, the Zcash Foundation released its Q1 2026 report yesterday, disclosing total liquid assets of approximately $36.7 million, including about $12.11 million in cash, 506,556 USDC, 85,412 ZEC (approximately $21.2 million), 41.8 BTC (approximately $2.85 million), and 12.02 ETH (approximately $25,000). $BTC $ZEC $ETH

A certain whale shorted $11.16 million worth of HYPE at 10x leverage, simultaneously selling over 64,000 spot tokens On May 20, according to OnchainLens monitoring, within the past two hours, a certain whale opened a short position of 218,406 HYPE tokens at 10x leverage, valued at $11.16 million, with an average execution price of $49.76. This whale also sold 64,401 HYPE tokens in exchange for 3.08 million USDC. $HYPE

【$148 million liquidated in total network contracts in the past 24 hours, both longs and shorts liquidated】 On May 20, CoinAnk data shows that in the past 24 hours, $148 million worth of contracts were liquidated across the entire cryptocurrency market, including $61.373 million in long liquidations and $86.3449 million in short liquidations. Total BTC liquidations amounted to $25.8557 million, and total ETH liquidations amounted to $18.8148 million.

[Analysis: Bitcoin Faces Pressure Again, U.S. Stock Market Risk Sentiment Suppresses Crypto Market] Bitcoin weakened again after the U.S. stock market opened on Wednesday, briefly rising to about $77,678 before retreating, continuing this week's structural pattern of "strength during Asian trading hours and decline during U.S. trading hours." The market is focused on the upcoming Nvidia earnings report, which many institutions regard as one of the most critical macro volatility triggers this quarter. As a result, U.S. pre-market sentiment was cautious, with the S&P 500 falling about 1.3% at one point before a slight rebound, but overall risk appetite remained weak. On-chain and spot market structure shows the Coinbase Premium index dropped to a multi-month low, indicating sustained weak buying demand in the U.S. market. This indicator has recently remained negative, reflecting relatively insufficient spot demand in the U.S. region. Even though BTC prices remain high, marginal buying has not increased correspondingly. Technically, Bitcoin has again fallen below the 21-week exponential moving average (21W EMA). Analysts point out that this level may shift from support to resistance, and failure to reclaim it could increase short-term volatility and pullback risks. Overall, the market has entered a wait-and-see mode amid major tech earnings and macro uncertainties. $BTC

In the previous HYPE update, I opened a long position at $46.07, with a stop loss at $41.00 and a target of $50→$55+. Today’s report. HYPE current price $51.492, UTC today +7.65%. 24h high $51.733, 24h low $47.068. Target one $50.00 has been reached. The long position is still open, waiting for $55. What’s most worth noting today is the shorts—they haven’t exited and are actually increasing. Short ratio over the past 10 hours: 51.60% → 51.15% → 51.15% → 51.14% → 51.14% → 51.66% → 51.66% → 51.93% → 51.93% → 51.99% (latest) HYPE rose from $47 to $51, while the short ratio increased from 51.60% to 51.99%. Price has steadily risen, but shorts haven’t decreased; instead, they’re slowly climbing. Then the open interest (OI) over 10 hours: $319.7M → $320.7M → $323.1M → $327.5M → $331.6M → $333.7M → $337.1M → $348.1M → $352.0M → $351.6M (latest) In 10 hours, OI rose from $319.7M to $351.6M, an increase of $31.88M, +9.97%. The 21:00 UTC hour was the strongest, with OI surging by $11.06M in a single hour—that was another wave of shorts entering. Current OI $351.6M is 1.38 times the $255M when the last update was written. Funding rate: +0.000025, flipped from negative in the last update to slightly positive now. Meaning: the shorts from the last update who were paying funding are now shifting—the longs have started paying a tiny bit. But 0.000025 is almost negligible; costs remain very low. From entry at $46 to now $51.49, up +11.8%. Short ratio still around 52%, OI expanded from $255M in the last update to $352M—most of the shorts who entered over the past month are still holding, and another batch came in today. Their stop loss is just above $51.733. Target one $50 has been reached. OI expanded from $255M to $352M, with 52% shorts increasing their positions as price rises—the stop loss has moved up to $47, waiting for a breakout above $51.733, aiming for $55+. $HYPE

ZEC breaks through $620, 24-hour increase expands to 11.9% On May 20, according to HTX market information, ZEC broke through $620, with a 24-hour increase expanding to 11.9%. In news, the Zcash Foundation released its Q1 2026 report yesterday, disclosing total liquid assets of approximately $36.7 million, including about $12.11 million in cash, 506,556 USDC, 85,412 ZEC (about $21.2 million), 41.8 BTC (about $2.85 million), and 12.02 ETH (about $25,000). $ZEC $BTC $ETH

[Caixin: CRS 2.0 Will Include Crypto Assets in the Global Tax "Sky Eye," Overseas Taxation Tightens Comprehensively] The global tax "Sky Eye" CRS 2.0 is accelerating its implementation worldwide. Crypto assets, CBDCs, and certain electronic money products have been included in the scope of financial asset reporting. Hong Kong plans to implement CRS 2.0 by 2028 and simultaneously advance the Crypto Asset Reporting Framework (CARF). In the future, cryptocurrency exchanges, brokers, and crypto ATM operators will be required to report on crypto-to-fiat currency exchanges, cross-currency crypto asset swaps, and domestic and overseas transfers of crypto assets. Reports must precisely specify the full name of the asset, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), etc., and aggregate total market value, total holdings, and number of transactions by transaction dimension; for retail payment transactions, any single transaction amount exceeding $50,000 must be reported individually. Although mainland China has not officially announced a CRS 2.0 implementation timeline, since 2025, tax authorities in multiple regions have successively notified taxpayers via phone calls and text messages to self-check and report overseas income from 2022 to 2024 and pay taxes accordingly. It is reported that CRS 2.0 will not only fully expose overseas crypto asset holdings to tax regulatory oversight but may also trigger coordinated investigations by other regulatory agencies. $BTC $ETH

[A whale deposited 19 million USDC into Hyperliquid within 3 hours to continuously buy HYPE] According to Lookonchain monitoring, HYPE briefly broke through $50. In the past 3 hours, a whale deposited 19 million USDC into Hyperliquid to buy HYPE. So far, the whale has purchased 76,600 HYPE, worth $3.8 million, and the buying is still ongoing. $HYPE