Crypto Midday Briefing

1. "Brother Machi" faces liquidation risk on his ETH long position, with losses exceeding $2.32 million in the past week;

2. A wallet associated with a16z purchased another 50,000 HYPE tokens 8 hours ago, bringing total unrealized losses to over $6 million;

3. Trump Mobile: T1 phones to start shipping next week;

4. Bank of Japan board member Hajime Takata stated that interest rates should be raised as soon as possible;

5. Antalpha deposited 651.65 XAUT (worth $3.05 million) into Bybit;

6. The U.S. CFTC issued a no-action letter regarding event contract data reporting;

7. DeFi Development posted a net loss of $83.4 million in Q1, with its per-share SOL holdings increasing by 108% year-over-year;

8. Poll: Only 4% of Americans consider candidates' crypto policy stance when voting.