1. A whale closed a 5x leveraged short position on HYPE, resulting in a loss of approximately $23.52 million. Over the past 23 days, the whale deposited 30.5 million USDC into Hyperliquid to increase the short position and margin, leaving only $6.98 million in the account.

 2. On May 23 at 12:30 UTC+8, AscendEX (formerly BitMax) will list CHARLES (KING) for the first time, opening the KING/USDT trading pair, with deposits now available.

 3. Swedish Health Firm and China EV Seller Embrace Bitcoin
H100 Group AB's shares surged 37% following its first Bitcoin purchase, while Jiuzi Holdings plans to acquire 1,000 BTC, signaling growing corporate interest in cryptocurrency as a treasury asset.

4. Bithumb to List SOON in KRW Trading Pair
Bithumb announced it will list SOON in a KRW trading pair, according to an official statement.