ReboundAtTheStreetCornerAfter

Crypto World News reports that, according to Lookonchain monitoring, a certain address created a new wallet 30 minutes before the data was published and opened a 20x leveraged long position with 36,826 ETH (worth approximately $59.72 million). The address just closed the entire position, locking in a profit of $1.2 million.

$MU Regarding the rumors about the major U.S. stock market events at the end of June, and since my quoted post wasn't detailed enough, here's a supplement.
The end of June marks the end of Q2, when some pension funds, sovereign wealth funds, mutual funds, ETFs, and hedge funds release performance reports and client disclosures!
The main purpose is asset rebalancing, index restructuring, and portfolio adjustments.
Especially at the end of Q2! Usually, these activities start in late June, before the end of June, typically in late June. This phenomenon repeats every year in the U.S. stock market and does not necessarily mean a sell-off!
During the leverage adjustment process, the market may be affected; the most direct impact is the restructuring of investment portfolios.
I haven't seen or caught any other signals at the moment.
Increased volume, unusual movements, large fluctuations, what else? Probably nothing else.
That's about it. If you know in advance, you can be prepared. #美股AI概念股普涨

According to Bloomberg, OpenAI has secretly submitted IPO registration documents to the U.S. SEC and is working with Goldman Sachs and Morgan Stanley to advance the listing, which could be completed as early as this fall. OpenAI stated that the specific timeline has not been determined and that some business arrangements are easier to promote as a private company. As of now, OpenAI's latest funding round has valued the company at $852 billion, with a single round raising $122 billion. As AI companies continue to invest in chips, data centers, and infrastructure development, OpenAI previously projected that by 2030, it would invest approximately $600 billion in AI infrastructure.

CryptoWorld News reports that, according to Whale Alert monitoring, 100,000,000 USDT (approximately $100,024,500) has been transferred to Tether Treasury.

$ETH looks strong and ready for continuation.
Buyers remain in control while structure stays intact.
EP
1,680 - 1,687
TP
TP1 1,700
TP2 1,720
TP3 1,745
SL
1,665
Liquidity was swept and price reacted cleanly from support. Structure remains bullish with higher lows holding and buyers defending key levels. A push into nearby liquidity can drive continuation toward the highs.
Let’s go $ETH ‌

Coin Realm News reported that Peter Schiff said crypto companies should not be required to comply with bank-level capital and compliance rules, because stablecoin issuers do not engage in high-risk lending business like banks.

CryptoWorld News: According to on-chain analysis firm PeckShield monitoring, a MEV bot operated by Ethereum block construction company Eureka Builder mistakenly transferred 167 ETH, worth approximately $300k, to a random wallet due to a fee charging logic error. Eureka developers have left a message on the blockchain requesting the recipient to return the funds and offered to keep a certain percentage as a reward, but the recipient refused to return the funds.

According to a report from Crypto World, Wu Shuo learned that Miles Jennings, a16z’s head of crypto policy, said that a16z has submitted comments to the U.S. Treasury Department on the proposed rules for the Genius Act, urging that state-level stablecoin regulatory regimes be aligned with the federal framework. a16z said that for stablecoins to be used for payments, they must be interchangeable; therefore, core rules regarding reserves, redemptions, capital, liquidity, and risk management should not vary from state to state. At the same time, definitions such as “payment stablecoins” and “digital asset service providers” should apply consistently to avoid state regulators reinterpreting the relevant terms. a16z also suggested clarifying rules for operating across state lines, so that compliant state-level stablecoin issuers can serve the nationwide market under a clearer framework.

CryptoWorld News reports that, according to Whale Alert monitoring, Coinbase Institutional has just transferred 768 BTC to an unknown wallet, which is approximately $51.68M based on the current price.

ME News message: On May 17 (UTC+8), large-scale layoffs are taking place in AI-related positions in the United States. As a result of AI, affected roles are beginning to experience serious job losses. This trend indicates that AI technology’s impact on the labor market has moved from theoretical discussion into a real-world stage, with the specific layoff numbers and the industry areas involved becoming increasingly apparent. (Source: AiHot)

BlockBeats reports that Federal Reserve Chair Wosh appointed Paul Winfrey and Daniel Hail as interim advisors at the beginning of his term, responsible for policy analysis and planning. Both have long been active in conservative think tanks. Winfrey’s involved “2025 Project” calls for scrapping the Fed’s dual mandate, retaining only the inflation target, and pushing for balance sheet reduction while limiting the lender-of-last-resort function. Wosh said he wants to promote a reform-oriented Federal Reserve, and the addition of the two external advisors is seen as the first step in the reform.

CoinWorld News reports that the CL short position has recently increased by 4,876.70 ZEC, approximately $427,886.37, with a holding size reaching $3,588,464.07. The average price has been adjusted from $90.80 to $90.76. Currently, this short position has an unrealized profit of $17,307.19 (+0.63%), with the current price at $90.33 and the liquidation price at $155.38. This address started shorting ZEC at $184, once experiencing a floating loss of $21 million, then turning profitable, and recently becoming the largest long position in the S&P 500, with a scale exceeding $70 million.

Mars Finance News: On June 2, it was reported that the green power concept saw a partial rebound, with ShaoNeng Co., Ltd. hitting the daily limit. Datang Power, JinKong Electric Power, Huadian Liaoning, and Beijing Energy Power also followed higher. On the news front, the country’s first green, full-stack AI platform for computing power officially went live and started operating on May 30 in the Hohhot area of the Inner Mongolia Free Trade Zone, filling the gap in regional one-stop computing power model token integrated service trading. (KeGuBao report)

AIMPACT News, May 17 (UTC+8), OpenAI acquired AI voice cloning tool developer Weights.GG in January of this year. About six employees joined OpenAI, and the company obtained the intellectual property rights of the startup but has no product integration plans. Weights.GG had previously raised $4 million in funding, with investors including Kleiner

Chainalysis points out that social engineering attacks have become the main cause of cryptocurrency fund losses, accounting for about 65% in 2025, with global fraud losses totaling approximately $17 billion. The six common methods include phishing, identity impersonation, SIM hijacking, pig butchering scams, AI scams, and airdrop giveaways. AI scams have a single-profit of about $3.2 million, roughly four times that of traditional scams; the FBI received about 22k related complaints in 2025, with losses of approximately $893 million. Key protection tips: do not rely solely on SMS verification codes, verify customer service through official channels, and regularly revoke wallet authorizations.