According to Odaily, Hanbalonwang announced on May 9 that he will sell all SAT1 holdings and distribute the proceeds to affected users as compensation before exiting the market. The trader stated his initial investment was 565 ETH, currently valued at 543 ETH. He plans to allocate 35 ETH from SAT1 sales to compensate users based on their loss amounts and percentages, using a snapshot taken between blocks 25047577 and 25055551. Users with losses of 30% or less will not be eligible for compensation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum DeFi Market Share Falls to 54%, Down 9.5 Points Since Early 2025
According to CryptoSlate, Ethereum's share of DeFi total value locked has declined from 63.5% at the start of 2025 to approximately 54% as of May 7, hovering near its lowest level in a year. Competing blockchains have carved out dominance in specific segments: Solana holds 6.66% of DeFi TVL, BNB
GateNews2h ago
Bitcoin spot ETF had net outflows of $146 million, with FBTC being the largest single-day outflow.
According to SoSoValue data, on May 8, U.S. Eastern Time, U.S. spot Bitcoin ETFs recorded a total net outflow of $146 million, with Fidelity’s FBTC being the largest net outflow on the day at $97.6041 million; on the same day, Ethereum spot ETFs recorded a net inflow of $3.5747 million. Bitcoin Spot ETF Net Flows on May 8 (Source: SoSoValue) According to SoSoValue data, on May 8, 2026, the key indicators for Bitcoin spot ETFs are as follows: Total net outflow (single day): $146 million Largest n
MarketWhisper2h ago
Bitcoin Surges to $65,000, Up 2.7% Intraday; Ethereum Hits $1,900, Up 3%
Bitcoin surged to $65,000 today, gaining over 2.7% intraday, while Ethereum climbed to $1,900 with gains exceeding 3%. Crypto-related stocks also rallied in after-hours trading, with Microstrategy (MSTR) up
GateNews3h ago
Ethereum whale Garrett Jin transferred 78,077 ETH, with institutional funds flowing out at the same time
According to publicly available on-chain data, on May 8, Ethereum whale Garrett Jin transferred 78,077 ETH to Binance (about $178 million). The same day, iShares Ethereum Trust (ETHA) under BlackRock and FETH under Fidelity together sent a total of 35,394 ETH to exchanges (about $80.7 million). Garrett Jin On-Chain Transfer Details According to publicly available on-chain data, the address identified on-chain as #BitcoinOG1011 (former BitForex CEO Garrett Jin) transferred 78,077 ETH to Binance o
MarketWhisper4h ago
F2Pool co-founder Wang Chunchun transferred $17.27 million in ETH and deposited it into the Spark lending protocol
According to on-chain analyst “Ai Yi,” monitored on May 9, F2Pool co-founder Wang Chun withdrew 7,461 ETH from a centralized exchange (CEX), worth approximately $17.27 million, and then deposited it into the decentralized lending protocol Spark. Meanwhile, on May 7, the Stratum v2 working group announced that seven mining organizations, including F2Pool, had officially joined the working group. Wang Chun’s ETH On-Chain Movements (Source: Arkham) Based on on-chain monitoring by “Ai Yi” on May 9,
MarketWhisper4h ago
