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BlockBeats news, on May 28, according to Hyperinsight monitoring, a whale on Hyperliquid transferred approximately 4.3 million US dollars two months ago. Since engaging in on-chain US stock trading deployed by Trade.xyz, the account has recorded a cumulative profit of about 8 million US dollars, with current funds exceeding 12 million US dollars, increasing the initial principal by 280%. The assets contributing the greatest returns are MU (Micron Technology) and NVDA (NVIDIA). As of the time of publication, this address is still holding a long position in MU that has not been closed, with unrealized gains reaching 7.2 million US dollars (+77.8%). This long position was established in the early period, two months ago, when the Micron stock price was only around 520 US dollars. As the stock price continued to rise, the position value was passively pushed higher, and it has become the largest MU long holder on Hyperliquid. Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2

Glonghui, May 28 | RBC Capital raised Biogen's target price from $222 to $227 and maintained an "Outperform" rating.

He analyzed that against this backdrop, all financial models will undergo transformation, including trade, payments, wealth storage, and even the functions of central banks, all of which may be gradually replaced. Financial transactions, transfers, payments, and value storage scenarios will progressively be built on blockchain technology as the underlying architecture, essentially relying on data and computing power. He stated that the world is moving from a “petrodollar” system to a new monetary system centered on computing power, reflecting a technology-driven evolution. In this context, tokens have become an important factor of production. Just as oil was in the industrial era, tokens are now the core production element in the digital and information era, powered by blockchain technology. Fu Peng believes that the financial system will be reshaped accordingly, and in the future, there may be a situation where there are no banks, brokerages, cross-border payment systems, or SWIFT system. The current global financial system is developing in this direction; for example, a large part of settlements and clearing in Africa has already been achieved via “wallets” and blockchain technology, with data exchange alone enabling completion.