🗣 #BTC $BSTR CIO Sean Bill just said "the value investors will be handsomely rewarded because they're already in. When AI runs its course, people will come back to the Bitcoin ecosystem."

The rotation is coming.

🗣 #BTC Coinbase CEO Brian Armstrong says, "Bitcoin is going to do great…one of many cycles we've all been through."

🐳 An OTC whale (0xFB7) again bought 29,000 $ETH for $46.69M.

Currently, the whale holds 151,588 $wsETH, equivalent to 187,460 $ETH valued at $296.19M.

😱🤑 Fear & Greed Index for #ETH

💸 As $ETH dropped below $1,550, 21,540 $ETH ($34.1M) has already been liquidated across DeFi protocols!

🥷 An exploiter appears to have bought 6,343.5 $ETH for $10.18M $DAI at $1,604.

Of that, 100 $ETH has been moved via Tornado Cash.

The funds could be linked with Pando Rings Exploiter.

Address: 0x303d0a175ceec14dd7b3d4f60cabe6cec06a3d9f

💼 UPDATE:

Tom Lee's Bitmine is down $10.35B.

Michael Saylor's Strategy is down $12.27B.

💸 10 liquidations in 8 hours.

Machi's account is now down to just $52K.

But the liquidation king isn't done yet.

He just increased his long position to 1,075 $ETH ($1.71M).

New liquidation price: $1,560.81.

🕵️ As $ETH trades below $1600, the $ETH (3x) short position held by pension-usdt.eth is now having a floating profit of over $14M.

🐳 #AAVE The 3-year dormant whale "0x280," holding 38,554 $ETH ($64.28M):

- Supplied 38,550 $ETH to Aave V3
- Total borrowed $90M $USDT
- Bought 54,092 $ETH at $1,664 (loop borrowing)
- Now holds 92,646 $ETH ($146.55M)

🕵️‍♂️ The Royal Government of Bhutan moved 738 $BTC worth $45M to a newly created wallet.

🚀 Stablecoins need confidential rails for corporate adoption.

Hathor Network states that the next phase of stablecoin growth will require privacy-preserving infrastructure with selective disclosure for compliance. #regulation

😱🤑 Fear & Greed Index for #BTC

😱 Arthur Hayes called $ZEC, $NEAR, and $WLD.

He sold near the top, then disclosed his exit and turned bearish.

$ZEC, $NEAR, and $WLD are now back to where they were before his calls.

🕵️‍♂️ Is Ethereum co-founder Joseph Lubin preparing to dump $ETH?

A wallet linked to Joseph Lubin, which holds 243,300 $ETH ($370M), transferred out 80,001 $ETH ($121.6M) after more than 3 years of inactivity.

🕵️‍♂️ Chun Wang seems to be accumulating $ETH.

A wallet linked to Chun Wang withdrew 17,560 $ETH ($28.67M) from Binance in the past 16 hours.

🐳 The mysterious whale "7 Siblings" bought another 11,759 $ETH for $18.03M and still has $10M in $USDS to buy more $ETH.

They will likely borrow further to buy more $ETH (will update later).

Address: 0x5ffcdb28b8cc958afe052947d43cb6af04833c37

Buying Bitcoin today is like buying Bitcoin in August 2015, which was the second bottom in a bottom formation of the cycle.

Bitcoin
Digital Gold
Satoshi Nakamoto

🐳 Two wallets likely linked to the same whale spent $24M $USDT to buy 21.1M $ over the past 6 days and still have $998K $USDT to buy more tokens.

Addresses:

- 0x82C0DA65f3bE5fd4EE102337A5c560E2ae52ebD1
- 0xad946798685b3443eb3795df466b028abf907aaf

Biggest losses unrealised-P&L in crypto history.

🇺🇸📊 #BTC #ETH According to SoSoValue data, on June 5 (ET), U.S. spot Bitcoin ETFs recorded a total net outflow of $326 million. U.S. spot Ethereum ETFs saw a net outflow of $5.97 million. #etf