🕵️ Seems like the Plasma team deposited 150M $XPL worth $9.64M into Binance, 5 hours ago.

Address: 0x4101049b2abc7313ae1261cc0f62e1bcfade12b6

💵 250,000,000 $USDC (250,010,375 USD) minted at USDC Treasury.

🐳 A whale withdrew 1,723.39 $BTC worth $105.58M from #OKX over the past 24 hours.

🐳 The EthereumOG who sold 60,000 $ETH ($117.25M) and 9,442 $wstETH ($24M) at ~$2,040 just a week ago is buying back $ETH.

Over the past 2 days, he has spent $55.8M to buy 35,723 $ETH at an average price of $1,563 and may buy more.

📉 While the market is falling, $ keeps going up!

A mysterious whale withdrew 25M $USDT from Bybit and is buying $ like crazy.

Since June 1, the whale has spent 20.33M $USDT to buy 29.72M $ at an average price of $0.684.

The whale still has 4.69M $USDT left and may buy even more $.

🏦 James Wynn seems bullish.

He opened a new small $ETH (25x) long position and is still holding his $BTC (40x) long position, with a floating profit of $5.1K, but he is very close to the liquidation price of $59,841.13.

😱🤑 Fear & Greed Index for #BTC

📊 James Wynn has flipped from short to long.

He closed his $BTC and $SOL shorts for a $6.4K profit.

Then he opened max leverage longs on 6.05 $BTC ($373K) and 5.3 $ETH ($8.5K).

📈👀 SpaceX's IPO is already 2x oversubscribed.

⚠️ #WLFI #USD1 #TRX
HTX Exchange, owned by Justin Sun, has halted trading for token $WLFI and stablecoin $USD1. Users' $USD1 has been forcibly converted to $USDT. #stablecoin

🐳 A whale supplied 10,570 $ETH ($17.32M) into Spark, then loop-borrowed $30M $USDS to buy 14,730 $wstETH (= 18,250 $ETH).

Address: 0x7099c7d7fca074062a0fc593a35f788605bcad6e

📊👀 #BTC The most likely minimum price range for $BTC is between $46,000 and $54,000, covering CVDD and Realized Price levels. In an extreme capitulation scenario, a deeper support zone may be between $35,000 and $40,000. The first key recovery zone is between $75,000 and $79,000. $BTC corrections are becoming less significant throughout market cycles, reducing the likelihood of a deeper decline.

🆕 The market added over $70B in the past 24 hours.

🗣 #COIN Bybit Launches IPO Express, Opens Tokenized SpaceX IPO Subscription via xStocks

Bybit has launched IPO Express, an on-chain equity offering product, and introduced a tokenized SpaceX IPO subscription in partnership with xStocks. Spot trading is expected to begin on June 12. The tokenized SpaceX shares are fully backed by xStocks issuers and maintain a 1:1 linkage to underlying equity exposure.

🕵️ #USDC $2.4B worth of USDC left circulation in the past 30 days.

🚀 #ETH #BTC PlanB: ETH/BTC Has Returned to 2016 Levels After a Decade

Bitcoin analyst PlanB noted that ETH is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. He also argued that ETH failed to deliver a major ETH/BTC bull-market rally during the 2023–2024 cycle, unlike in 2017 and 2021.

🙅‍♂ #LAB PiggyBank closed a $LAB hedge due to extreme volatility and negative funding rates, making the position unsustainable. The protocol anticipates drawdowns of about 15% for its $USDC vault, 12% for SPYx, and 9% for JitoSOL, while excluding its locked $LAB holdings from NAV until August unlocks. ZachXBT criticized the strategy for exposing user funds to a highly speculative asset.

💰 #BTC Michael Saylor hints at strategy buying more Bitcoin.

🚀 Garrett Jin just closed his $ZEC short for an $11.24M profit!

📊🤔 #BTC Since the $126k bitcoin top, this is now the third time the STH supply ratio has hit the 95% loss threshold.

Just nasty stuff - similar to the 2022 pain cycles on this metric. Hope, then back to more pain. The BTC bottoming process continues.

🏆 #ONDO Ondo is now over 25% of the total Tokenized Market Cap.

That's over 4x higher than this time last year.