Lei06

【Summary of Important Developments at Noon on May 24】 7:00-12:00 Keywords: Israel, US-Iran, Russia 1. Israel not at the US-Iran negotiation table, concerned about being marginalized; 2. AMD announces next-generation EPYC CPUs enter mass production; 3. Russia requires miners to report the network address of each ASIC miner; 4. Pakistan's Prime Minister: hopes to host the next round of US-Iran talks "very soon"; 5. US and Iran reportedly reach a memorandum of understanding: end the war, open the strait, release $25 billion in assets.

[A whale opened a position of 3,845 ETH at $2,074, previously exited with losses in a swing trade] On May 24, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale opened a position of 3,845 ETH at $2,074 in the early morning today, valued at $7.97 million. Previously, this whale opened a position of 4,386 ETH at $2,377 on May 5, and cut losses at $2,314, losing $277,000. $ETH

[Strategy's opposing Ethereum long positions were fully liquidated, Bitcoin short positions partially liquidated] Hyperbot data shows that the opposing party's newly opened Ethereum long positions in Strategy were fully liquidated early this morning. The 40x leveraged Bitcoin short positions were partially liquidated and reduced. Currently, only 8.332 BTC are held, with the overall position turning from profit to loss, and the current return on investment is -73.05%. $ETH

Venice, Italy. A very comfortable living environment

The previous BILL long position was opened at $0.190, then the stop loss was moved up to $0.195, with a target breakout at $0.2344. Then BILL directly dropped from $0.229 to today's $0.095. The stop loss had long been triggered. BILL current price $0.09557, UTC today +5.54%. 24h high $0.11033, 24h low $0.0803. The most noteworthy moment today was the hour at 03:00 UTC. OI movement, key points over 10 hours: $12.37 million (03:00) → $9.80 million (04:00) → $9.44 million → $9.64 million → $9.55 million → $9.18 million → $9.57 million → $9.30 million → $9.48 million → $9.47 million (latest) From 03:00 to 04:00, OI dropped from $12.37 million to $9.80 million in one hour, evaporating $2.57 million, a -20.8% decline. That hour was when today's low of $0.0803 was hit. In plain terms: a batch of long positions' stop losses were triggered at 03:00, causing a 20% hourly OI contraction, clearing out all the weak holders. Now look at the current situation. After that major cleanup, the long ratio: 53.65% → 54.44% → 53.30% → 53.81% → 53.81% → 53.66% → 53.66% → 53.77% → 53.69% (latest) Throughout the 10 hours, the long ratio stayed steady between 53%-54%, despite $2.57 million OI being cleared, the long ratio barely moved. Those cleared were the weak longs; the remaining longs did not exit. Funding rate: +0.000050, slightly positive. Longs are paying fees, but it's almost negligible. So the current scenario is: BILL fell from $0.229 to $0.095, nearly a 60% drop; the 03:00 wave cleared out the last batch of weak longs—the remaining 53% longs have seen $0.229 before, with average costs much higher than now, but they have not exited. There are two interpretations here: First: $0.0803 is today's bottom; after the big cleanup, OI stabilized at $9.47 million, 53% longs are supporting the price, and today's +5.5% is the start of a rebound. Second: 53% longs are deeply underwater and may continue to exit anytime; $0.0803 may not be the lowest point. The funding rate +0.000050 tells me: time is not on the longs' side; they pay costs every period. The big cleanup at $0.0803 was today's key event. After the cleanup, 53% longs remain, and OI stabilized. But this position is not urgent—wait for the $0.11033 breakout to confirm the rebound structure before considering the next move. $BILL

【US-Iran agreement basically reached, BTC rebounds above $76,000】 Market data shows BTC rebounded and broke through $76,000, currently at $76,800. ETH rebounded and broke through $2,100, currently at $2,130. Coinglass data shows that in the past hour, the total liquidations across the network reached $103 million, with long position liquidations at $12.809 million and short position liquidations at $89.8094 million. Among them, BTC liquidations in the past hour totaled $44.25 million, and ETH liquidations totaled $38.61 million. Earlier news reported that Trump said the US-Iran agreement is basically reached. $BTC $ETH

The car was going too fast. After the collision, the motorcycle got stuck on the traffic light😱

So cool! How is this done? Just need a divine assistant

Bitcoin ETF Faces "Capital Stampede": $1.26 Billion Withdrawn in a Single Week, Ethereum ETF Suffers 10 Consecutive Days of Outflows On May 23, the US spot Bitcoin ETF recorded a net outflow of approximately $1.26 billion this week, marking the largest weekly capital outflow since late January this year, with net redemptions occurring for six consecutive trading days. Data shows that this type of product saw about $649 million outflow on Monday alone. Although the outflow eased somewhat in the following days, the overall trend remained a continuous outflow. Market participants pointed out that the recent rise in US Treasury yields, a stronger dollar, and geopolitical tensions are among the main reasons for the capital withdrawal. Meanwhile, the Ethereum ETF is also under pressure, experiencing net outflows for 10 consecutive trading days, the longest outflow period since March 2025. The total outflow for the week was about $216 million. Among them, BlackRock's iShares Bitcoin Trust (IBIT) currently manages assets of approximately $61.1 billion but remains below the cumulative inflow of about $3.7 billion, indicating that recent market price fluctuations have impacted the value of holdings. As of the ETF trading day's close, Bitcoin's price was around $77,500, and Ethereum was about $2,130, maintaining a narrow range of volatility overall. Despite the obvious short-term capital outflows, the spot Bitcoin ETF has still seen a cumulative net inflow of about $57.1 billion since its launch, with an asset size of approximately $98.9 billion. $BTC

【$736 million in total contract liquidations across the entire network in the past 24 hours, mainly long positions】 On May 23, CoinAnk data showed that in the past 24 hours, the total contract liquidations in the cryptocurrency market reached $736 million, with $680 million in long position liquidations and $56.594 million in short position liquidations. The total liquidation amount for BTC was $295 million, and for ETH it was $180 million. $ETH $BTC