🔍🐳 Whale Transactions:
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
1. Whale borrowed 10 million #USDT from Aave to buy 3983 #ETH at ~$2510.
2. The trader is currently holding longs in #BTC, #ETH, #SOL, and #LINK. Over the past month, he has made 29 longs - all profitable - for a total profit of over $2.3 million. But now his current positions are at a loss of over $2.3 million.
🇺🇸 Arizona Senate considers bill to create a reserve from confiscated cryptocurrencies. theblock.co
🇭🇰 Animoca Brands plans to form a joint venture with Standard Chartered Bank and HKT to prepare for the Hong Kong stablecoin. nbd
🤔 Andrey Grachev: I think we should create another company that will only deal with loans and mortgages against cryptocurrency collateral.
📉🤔 CQ: New money is drying up in #BTC
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to –2M BTC, the worst on record.
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to –2M BTC, the worst on record.
📈 38 entities have raised their strategic #ETH reserve to $3 billion, holding a total of 1.19M ETH — nearly 1% of the total supply.
🇺🇸🫂 #TRX Justin Sun and Bo Hines held a meeting
Discussed the role of TRON and blockchain in advancing US cryptocurrency leadership and the GENIUS bill.
Discussed the role of TRON and blockchain in advancing US cryptocurrency leadership and the GENIUS bill.
👍 Blockdaemon announced the launch of their DeFi and Earn Stack service for Institutionalists. cointelegraph
🙅♂️ #JUP Jupiter DEX will suspend DAO votes until the end of 2025, referring to structural problems and intending to return with a more unified management model in 2026. coindesk
🕵️♂️ AguilaTrades reopened a #BTC long with a position of 3854 BTC ($408M) and has $3.2M in unrealized gains. His last 2 trades ended in losses totaling $15.4M.
💸 #BTC Sentora: Weekly Bitcoin fees rose to the largest value this year, fueled by regulatory clarity and high institutional demand.
📈🤔 #BTC CQ: Historically, Bitcoin has shown bullish tendencies following rate stabilization, especially when paired with signs of liquidation exhaustion and fading open interest.
🇺🇸👀 #macro Waller (Fed): The Fed could cut rates as soon as July.
🇳🇴⛏️ #BTC Norway to temporarily halt Bitcoin mining facilities using the most energy-intensive technologies, per Reuters. Digitalization Minister Karianne Tung says Bitcoin mining uses significant electricity with minimal local economic benefits.