๐ต๏ธ After holding $ETH for 8 years, four Ethereum OG wallets began selling today.
They received 37,602 $ETH ($58.66M) 8 years ago at ~$830.
During the 2021 and 2025 bull markets, their unrealized profit exceeded $150M, but they never sold.
In the past 4 hours, they sold 33,623 $ETH ($52.46M) at ~$1,560, resulting in a current profit of only ~$27.4M.
They received 37,602 $ETH ($58.66M) 8 years ago at ~$830.
During the 2021 and 2025 bull markets, their unrealized profit exceeded $150M, but they never sold.
In the past 4 hours, they sold 33,623 $ETH ($52.46M) at ~$1,560, resulting in a current profit of only ~$27.4M.
๐ธ #BTC Short-Term Holders are currently realizing losses, as Bitcoin has not enabled them to profit for some time. The STH Realized Profit/Loss Ratio indicates that on-chain movements are predominantly at a loss, typical of a bear market. Once Realized Loss begins to weaken, Bitcoin may be in the process of forming a bottom. Monitoring this closely is essential.
๐ฃ CZ says the EU is "cutting their users off from the best liquidity in the world" by not issuing Binance a MiCA license. #regulation
๐ผ Framework Ventures Raises $400 Million For Fourth Fund As Firm Expands Beyond Crypto: Fortune
๐ธ๐ฌโ ๏ธ #HYPE Breaking: Hyperliquid Added to Singapore MAS Investor Alert List
Hyperliquid stated that its inclusion on the Monetary Authority of Singaporeโs (MAS) Investor Alert List (IAL) does not imply a ban, enforcement action, or wrongdoing. The protocol emphasized that it has never claimed to be licensed or authorized by MAS, remains a permissionless infrastructure with user self-custody, and will continue to engage constructively with regulators worldwide.
Hyperliquid stated that its inclusion on the Monetary Authority of Singaporeโs (MAS) Investor Alert List (IAL) does not imply a ban, enforcement action, or wrongdoing. The protocol emphasized that it has never claimed to be licensed or authorized by MAS, remains a permissionless infrastructure with user self-custody, and will continue to engage constructively with regulators worldwide.
๐บ๐ธ๐ USA - trade balance (May prelim) = -$105.8 billion (expected -$85 billion / previously -$83.01 billion) #macro
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๐ฃ #BTC CNBC discusses there is "a long term oversold condition" for Bitcoin.
"It's really hard to buy into weakness, but it is often the right thing to do."
"I'm a Bitcoin bull from a very, very long term perspective."
"It's really hard to buy into weakness, but it is often the right thing to do."
"I'm a Bitcoin bull from a very, very long term perspective."
๐ฆ๐บโ๏ธ #ASIC Australiaโs ASIC has extended its no-action relief for digital asset businesses to September 30, 2026. This gives firms an additional three months to obtain or vary financial services licences and expands the relief to cover firms operating under authorized representative and intermediary authorization arrangements with licensed entities.
Bitcoin Magazine
Buying at the previous cycleโs ATH has been extremely profitable 100% of the time
#HYPE is ready for the best part of the cycle
๐บ๐ธ๐ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: -11,205 $BTC (-$670.23M)
7D NetFlow: -22,038 $BTC (-$1.32B)
Ethereum ETFs:
1D NetFlow: -46,391 $ETH (-$72.46M)
7D NetFlow: -148,620 $ETH (-$232.14M)
Bitcoin ETFs:
1D NetFlow: -11,205 $BTC (-$670.23M)
7D NetFlow: -22,038 $BTC (-$1.32B)
Ethereum ETFs:
1D NetFlow: -46,391 $ETH (-$72.46M)
7D NetFlow: -148,620 $ETH (-$232.14M)
๐บ๐ธ๐ฎ Polymarket surpasses $1,000,000,000 in annualized revenue six weeks after its US exchange launch.
๐
โโ๏ธ #YUPP #SYND #ENTR Shutdown Surge: 60+ Crypto Projects Dead, Top Three All a16z-Backed
According to Rootdata, over 60 crypto protocols have announced shutdowns this year, with the number still rising. Among these, 10 projects raised over $10 million in total funding, with the top three all backed by a16z: Yupp ($33 million), Syndicate ($27.8 million), and Entropy ($26.95 million).
According to Rootdata, over 60 crypto protocols have announced shutdowns this year, with the number still rising. Among these, 10 projects raised over $10 million in total funding, with the top three all backed by a16z: Yupp ($33 million), Syndicate ($27.8 million), and Entropy ($26.95 million).