As expected,
Grayscale Whales moving from ZEC to TAO

???

You don't have enough #TAO

🇺🇸💼 $76 billion U.S. New Jersey State Pension Fund just reported holding 88,951 ($16.2 million) Bitcoin treasury company Strategy MSTR shares.

Portfolio managers are waking up to the value of amplified #BTC.

🇮🇷🇺🇸 WSJ: Iran refused to dismantle nuclear facilities, but is willing to transfer some uranium to a "third" country.

📌 Top 5 News for 24 Hour:

1. $750M sold, $470M added; OG hodlers signal divergence. →
👁 377 | ❤️ 0 | 🔁 5

2. Whale Loracle.hl closes positions, makes $37M profit. →
👁 249 | ❤️ 0 | 🔁 3

3. Digital Asset raising $300 million at $2 billion valuation. →
👁 244 | ❤️ 0 | 🔁 3

4. Iran refuses to dismantle nuclear facilities, offers uranium transfer. →
👁 130 | ❤️ 2 | 🔁 3

5. New Jersey State Pension Fund holds $16.2 million Bitcoin. →
👁 208 | ❤️ 0 | 🔁 3

| | |

🇺🇸📈 Oil prices rise over 3.5% after US and Iran reject proposals to end the war.

🕵️ Digital Asset Holdings is reportedly raising new funding at a valuation of around $2 billion.

🐳 A whale "0xc79" spent $5M $USDC to buy 2,153 $ETH at a price of $2,322, 2 hours ago.

The whale also holds 227 $cbBTC worth $18.68M and $5.13M $USDC, and is likely to buy more $ETH.

Address: 0xc79b6416bd17446f930d32a7b78cf60d35a12be7

📊 This is insane!

Garrett Jin has deposited his remaining 225,627 $ETH ($528.19M) into Binance.

In just 4 days, he deposited all 577,896 $ETH ($1.35B) into Binance.

Most of these $ETH were swapped from $BTC 8 months ago, when $ETH was trading at $4,591. He is now down ~$1.3B.

🕵️ A Bitcoin OG (1KAA8G) moved 500 $BTC ($40.62M) out 4 hours ago after 12+ years of inactivity.

This OG received the 500 $BTC 12 years ago, when $BTC was ~$914.

He is now sitting on a profit of $40.17M — an 88x return.

🕵️ Strategy CEO: Bitcoin Will Only Be Sold Under Two Conditions

On May 9, 2025, Strategy CEO Phong Le discussed the company's shift from a "never sell" approach to actively managing its Bitcoin holdings during an interview with CNBC.

Le emphasized a "math over ideology" strategy, stating that the company will sell Bitcoin only to pay dividends for STRC when it benefits "Bitcoin per share" more than issuing new equity, and for tax optimization, such as capturing or deferring tax gains and losses.

📊 Morgan Stanley’s Bitcoin Trust (MSBT) recorded $193.6 million in cumulative net inflows and $239.6 million in net assets from its April 8 launch to May 7. The trust experienced 17 days of inflows, five flat days, and no daily net outflows. Amy Oldenburg, Morgan Stanley’s head of digital asset strategy, noted that MSBT posted $30.6 million in first-day inflows and about $34 million in trading volume, marking the bank’s strongest ETF debut. #etf

#TAO 10k$

100B$ Marketcap

🗣 Bybit CEO Ben: Why We Didn't Renew the F1 Sponsorship

In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou explained that the company did not renew its Red Bull F1 sponsorship due to the declining commercial value and rising activation costs. He mentioned that maintaining the execution team could exceed the sponsorship fee, making renewal unlikely to break even. Zhou also highlighted issues with recurring guest invitations, which created "relationship management" challenges. Bybit is now seeking branding opportunities that offer better value.

🕵️ The Official Trump Meme Team Allocation wallet just transferred another 4.915M $TRUMP ($12.09M) to wallet 3S7zwP.

Wallet 3S7zwP then deposited 7M $TRUMP ($17.22M) to BitGo.

🇺🇸📈 Oil prices rose by more than 3.5% after the US and Iran rejected peace proposals. #macro

😱🤑 Fear & Greed Index for #BTC

🕵️ Matrixport just withdrew 5,000 $ETH ($11.67M) from Binance.

🙅 $SWEAT has been delisted from the Bybit spot exchange.