Evaded uses leverage to long ZEC and HYPE with a floating profit of $2.1 million

According to Hyperinsight monitoring, Citigroup has raised its target price for SanDisk (SNDK) by over 50% to $2025. SNDK closed up 3.77% today, with 46.4% upside potential from the new target price; Micron (MU) has raised its target price to $840, with MU closing up 2.52%. After the news was released, a giant whale on Hyperliquid built warehouses MU and SNDK with a total scale of about 10 million US dollars, and now has a floating profit of 447000 US dollars (+12.3%). Specific holdings: MU multiple orders (10 times leverage) 7714.3 shares (approximately $5.5 million), with an average opening price of $687.5; SNDK multi order (10 times leverage) 7714.3 units (approximately $4.55 million), with an average opening price of $1319.4. Address: 0x3ed4... bd06.

Monitoring shows that a trader has opened a 20 fold leveraged long position in BTC and ETH again, with a total value of $360 million. （Onchain Lens）

On May 20th, WEEX announced that it has launched the APAI zero fee activity, and users participating in trading can share 100000000 APAI airdrops. Event time: 5/19 18:00-5/26 18:00 (UTC+8). During the event, new users with a net recharge of ≥ 100 U and their first transaction being APAI spot will receive a reward of 100000 APAI. New users with a cumulative contract trading volume of ⩾ 200000 U will receive a contract experience fee of 100 USDT. New and old users with APAI spot trading volume ≥ 100 U can participate in the 50000000 APAI prize pool based on their trading volume ranking. Event link: https://www.weex.ac/zh-CN/events/promo/apai

According to Sergey Nazarov, co-founder of Chainlink, the RWA, TradFi tokenization, and digital asset industries have decoupled from cryptocurrency prices and become rapidly growing independent markets. He believes that this is beneficial for technologies, standards, and infrastructure that meet new growth needs, and Chainlink is among them.

BTC's implied volatility remains low despite the recent price selloff. Options specialist prefers a long straddle strategy in this scenario.