Two giant whales buy 292,934 HYPEs today, IBIT ranked top 5 in the ETF this year

Reprinted from jinse

05/25/2025·15D

Headlines

▌Two giant whales bought 292,934 HYPEs today, worth $10.09 million

According to Lookonchain monitoring, two giant whales purchased 292,934 HYPE tokens worth $10.09 million today. Address 0x24aB spent 8.09 million USDC to buy 235,553 HYPEs in the past 8 hours, with an average price of $34.35; Address 0xFa0F spent 2 million USDC to buy 57,381 HYPEs in the past 1 hour, with an average price of $34.85.

▌IBIT has inflows of US$10.7 billion this year, ranking in the top 5 among more than 4,200 ETFs

Nate Geraci, president of The ETF Store, posted on the X platform that iShares Bitcoin ETF (IBIT) has achieved capital inflows in 28 trading days in the past 29 trading days, with new funds of nearly US$8.5 billion. Since the beginning of this year, the inflow of funds has reached US$10.7 billion, ranking in the top 5 among more than 4,200 ETFs. IBIT's total assets have now exceeded US$70 billion. Ranked in the top 25 of all ETFs.

Quotes

As of press time, according to Coingecko data:

BTC's recent transaction price is US$107,773, with an intraday increase of +0.2% ;

ETH's latest transaction price is US$2,498.48, with an intraday increase and decrease of -1.2% ;

BNB's recent transaction price is US$664.60, with an intraday increase of +0.3% ;

SOL's latest transaction price is US$172.21, with an intraday increase and decrease of -1.2 % ;

DOGE's latest transaction price is US$0.2222, with an intraday increase and decrease of -2.2 % ;

XPR's recent transaction price is US$2.31, with an intraday increase and decrease of -0.1 % .

policy

▌Plume Network meets with the US SEC to propose the establishment of a DeFi sandbox and formulate new rules for tokenized securities

According to Cointelegraph, Plume Network met with the U.S. Securities and Exchange Commission (SEC) to propose a DeFi sandbox and set new rules for tokenized securities

▌U.S. Treasury Secretary Bescent: We will vigorously develop digital assets

US Treasury Secretary Bescent said on the show that the United States will vigorously develop digital assets. Blockchain is the most important financial technology of this era. Under the leadership of US President Trump, the United States will become a global leader in this new financial frontier. The United States is already working on a next-generation framework to support innovation, security and economic dominance in the digital asset space.

Blockchain application

▌Sui team releases the Zero-Knowledge Authenticator "Zero-Knowledge Authenticator"

According to Cointelegraph, the Sui team released the Zero-Knowledge Authenticator, aiming to surpass the scalability of existing solutions such as zkLogin, Plasma and Lightning Network.

▌Cetus releases community update: The aggregator service has been restored and is simulating different fund recovery plans

Cetus, which was stolen by hackers, released a community update, with the main disclosures including: 1. The affected funds are composed of two parts: one is within the Sui, and the other part is mainly bridged outside the ecosystem in the form of ETH. 2. The data recovery work of the Cetus protocol is underway and is expected to take dozens of hours. 3. The aggregator service has been restored and launched, supporting redemption through partners such as Phantom and Binance Alpha. It has been confirmed that the Cetus CLMM pool that was not affected in this event will begin to resume operation after the accurate position data is fully restored. 4. Active discussions are being made with the Sui Foundation and other community members to finalize the key details of the recovery. 5. We are advancing two directions at the same time: (1) Solve the problem as soon as possible through white hat negotiations; (2) Actively collect clues and evidence to recover funds through legal channels. 6. Different recovery plans are being simulated and technically feasible fund recovery and compensation plans are designed. 7. Proposed a protocol upgrade through PoS voting to unlock and return most of the stolen funds currently frozen in the attacker's Sui wallet.

▌Swiss watchmaker Franck Muller launches Solana watch series

Swiss watchmaker Franck Muller has launched 1,111 watch series bound to Solana wallet, bound through the QR code on the watch. Each watch is individually numbered and costs 20,000 francs (about $24,356).

Cryptocurrency

▌Altcoin seasonal index fell to 22

Coinmarketcap data shows that the Altcoin Season Index is now at 22, down 1 point from yesterday (23 yesterday). The index shows that around 22 items in the top 100 cryptocurrencies in the past 90 days have surpassed Bitcoin’s gains, and the market is still in a Bitcoin-dominated season. It is reported that the CMC cryptocurrency Copy Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in a season dominated by altcoins. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.

▌Spot Bitcoin ETF weekly turnover reached US$25 billion, hitting a new high in 2025

As of the week ending May 24, the US spot Bitcoin ETF recorded the highest weekly trading volume since 2025, with a total transaction volume of US$25 billion and a net inflow of US$2.75 billion, the second highest single-week net inflow of this type of product since its listing in early 2024. BlackRock's IBIT currently holds 3.3% of the global Bitcoin supply, with a net asset of over $71 billion, about three times the second-ranked FidelityFBTC. During the same period, Ethereum spot ETF net inflows was about US$250 million, the highest level since early February, although trading volumes fell slightly.

▌View: Ethereum may test the lower limit of the range of $2,380 again

According to @ali_charts analysis, Ethereum may again test the lower limit of the previous range oscillation area of US$2,380.

Important economic trends

▌Investigation shows Trump 's tariff measures may cause dissatisfaction with American consumers

A Harris survey shows that U.S. President Donald Trump is facing difficulties in persuading American consumers to believe in the benefits of its trade war. Most U.S. adults (56%) say their families would be in better financial condition if Trump’s tariffs were not implemented. About 52% of respondents said the benefits promised by imposing tariffs were not enough to offset the economic costs they paid. The assessment comes after Trump's "Liberation Day" tariff plan became the largest U.S. trade protectionist action since the 1930s, which pushed the U.S. tax on imported goods to its highest level in nearly a century. Financial markets have been turbulent after the tariffs were introduced, and new concerns arise that the United States may fall into a recession.

Golden Encyclopedia

▌What is RISC-V?

RISC-V is a modern open source instruction set architecture (ISA) based on the principle of streamlined instruction set computer (RISC). Simply put, it is like a blueprint that defines a set of instructions that a processor can execute. The RISC-V is designed to be highly modular, efficient and flexible. Originally developed by the University of California in 2010, the open source framework gives developers the flexibility to customize their features and use cases and also saves costs compared to proprietary ISAs such as ARM or x86. RISC-V is widely used, from supercomputers to smartphones, and now blockchains such as Ethereum. On April 20, 2025, Ethereum co-founder Vitalik Buterin announced a "radical" new expansion solution that will replace Ethereum virtual machines (EVMs) with the RISC-V instruction set architecture, aiming to improve the speed and efficiency of the network execution layer. The idea is that RISC-V is the best solution to the limitations of blockchain scalability.

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