๐ Liquid restacking platform Inception has discontinued its services as it failed to find a "market-appropriate product." theblock.co
๐ฎ Former Bitzlato CEO Anatoly Legkodymov has asked the US president for a pardon. cointelegraph
๐ซ๐ท France has launched a criminal investigation into X over alleged algorithmic manipulation. cointelegraph
๐๐ณ Whale Transactions:
1. A wallet associated with the Ethereum Foundation sold 1207 #ETH for 3.61 million #USDC at $2992;
2. After buying 10,000 ETH ($25.7 million) from Ethereum Foundation, SharpLink bought another 21,487 ETH ($64.26 million) via OTC and Coinbase Prime;
3. Whale contributed 20.5 million USDC to Hyperliquid and then distributed to other wallets to short #ETH, #BTC, #SOL, #HYPE, #DOGE, #Fartcoin and others;
4. 2 whales have accumulated ~$7.4 million worth of #IP (1, 2);
5. After holding 2100 BTC ($247M) for 4 months, whale transferred 1000 BTC ($117.67M) to Binance to lock in profits. He had previously withdrawn 2100 BTC from Binance 4 months ago at $84,861 and now has a profit of $68.8 million.
1. A wallet associated with the Ethereum Foundation sold 1207 #ETH for 3.61 million #USDC at $2992;
2. After buying 10,000 ETH ($25.7 million) from Ethereum Foundation, SharpLink bought another 21,487 ETH ($64.26 million) via OTC and Coinbase Prime;
3. Whale contributed 20.5 million USDC to Hyperliquid and then distributed to other wallets to short #ETH, #BTC, #SOL, #HYPE, #DOGE, #Fartcoin and others;
4. 2 whales have accumulated ~$7.4 million worth of #IP (1, 2);
5. After holding 2100 BTC ($247M) for 4 months, whale transferred 1000 BTC ($117.67M) to Binance to lock in profits. He had previously withdrawn 2100 BTC from Binance 4 months ago at $84,861 and now has a profit of $68.8 million.
๐ #BTC Glassnode: Long-term holders absorb more BTC than miners release.
๐ธ๐ป๐ฐ #BTC El Salvadorโs Bitcoin reserve has reached $725M, with $426M in unrealized profit. Meanwhile, the IMF calls it โirresponsible.โ
๐ #HYPE Hyperliquid reached a new all-time high of >$10.6B in open interest.
๐ช๐บ๐บ๐ธ Trump: starting August 1, the US will levy a 30% duty on the EU. #tradewars
๐ต๏ธโโ๏ธ #PUMP 3 whales have contributed ~7m USDC to Hyperliquid and opened long positions in PUMP in the last hour.
Addresses:
- https://hypurrscan.io/address/0x18f8749D41e63cADfE77FAd4ef4e94f9Fff361cf
- https://hypurrscan.io/address/0xAC04753928961A06af540078410802CC443F5176
- https://hypurrscan.io/address/0xe2321C8324C1da7B3BA790627d0e4EE444188A23
Addresses:
- https://hypurrscan.io/address/0x18f8749D41e63cADfE77FAd4ef4e94f9Fff361cf
- https://hypurrscan.io/address/0xAC04753928961A06af540078410802CC443F5176
- https://hypurrscan.io/address/0xe2321C8324C1da7B3BA790627d0e4EE444188A23
๐ฐโ
#PUMP PumpFun raised $550 million at public auction in 12 minutes.
๐๐ณ More whale transactions:
- Argot Collective, who previously received funding of 7,000 ETH from Ethereum Foundation, today sold 1,206 ETH for $3.61 million (since yesterday they sold 2,416 ETH);
- From Arthapala transferred another 4,120 ETH to exchanges (since June 11, 118,907 ETH have been transferred from the address for a total of up to $202 million);
- In the past 24 hours, the 1inch team acquired another 11.81 million #1INCH worth $3.3 million;
- Arthur Hayes has in the past day acquired $1.5 million worth of #ENA
- Argot Collective, who previously received funding of 7,000 ETH from Ethereum Foundation, today sold 1,206 ETH for $3.61 million (since yesterday they sold 2,416 ETH);
- From Arthapala transferred another 4,120 ETH to exchanges (since June 11, 118,907 ETH have been transferred from the address for a total of up to $202 million);
- In the past 24 hours, the 1inch team acquired another 11.81 million #1INCH worth $3.3 million;
- Arthur Hayes has in the past day acquired $1.5 million worth of #ENA
๐บ๐ธ๐ #BTC California has watered down its Bitcoin payments bill.
AB1180 was supposed to allow BTC for state payments โ but now it only includes stablecoins.
AB1180 was supposed to allow BTC for state payments โ but now it only includes stablecoins.
๐๐ค #BTC is growing without the help of global money supply growth
๐บ๐ธ๐ฃ Fed Governor Waller says stablecoins backed by Treasuries or Fed reserves are welcome โ but banks need to learn to compete. #stablecoin
If youโre going to introduce a stablecoin, let the banks in on it too. They can go compete and see what happens.
๐ฆ๐ #BTC Bank of America named Bitcoin the most profitable currency of 2025.