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๐Ÿณ A whale is rotating from $BTC into $ETH.

2 hours ago, whale 0x8dCe swapped 464 $BTC ($27.56M) for 17,750 $ETH.
๐Ÿ†• $CAP live on Binance alpha.
๐Ÿ•ต๏ธ Chun Wang bought another 9,937 $ETH ($15.5M) and 147 $WBTC ($8.74M) today.

Over the past month, Chun Wang has withdrawn a total of 86,998 $ETH ($152M) from Binance at an average price of $1,749, and 973 $WBTC ($60.7M) at an average price of $62,418.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“Š USA - trade balance (May prelim) = -$105.8 billion (expected -$85 billion / previously -$83.01 billion) #macro
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๐Ÿ—ฃ #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."
๐Ÿณ After being dormant for 8 months, a whale has opened a 12,832 $ETH short position with 20x leverage. The position is valued at $19.7M.
๐Ÿ†• #SOL Upexi (#UPXI) will be added to the Russell Microcap Index.
๐Ÿ‡ฆ๐Ÿ‡บโ›๏ธ #ASIC Australiaโ€™s 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.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ 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)
๐Ÿณ The whale who shorted $BTC, $ETH, and $SOL with 20x leverage four days ago just closed the positions for a $4.4M profit.

Now, the whale is back with new 20x shorts on 912.9 $BTC ($54.55M) and 10,025 $ETH ($15.65M).
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ”ฎ Polymarket surpasses $1,000,000,000 in annualized revenue six weeks after its US exchange launch.
๐Ÿ™…โ€โ™‚๏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).
๐Ÿ“‰ Peter Schiff says $STRC was pitched as $BTC credit without volatility, but it has fallen even more than $BTC.
๐Ÿ”ฎ Lawmakers Call for Investigation Into Deceptive Advertising by Polymarket: WSJ
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๐Ÿ—ฝ Trump Accounts for children under 18 will open for registration and initial deposits on July 4.
๐Ÿ”ฎ Federal Reserve member Kashkari stated that he expects one rate hike this year due to "broad-based inflation." #macro
๐Ÿณ #BTC The Bitcoin whale-retail delta suggests whales have been dominating the market since the beginning of June.
๐Ÿ‘ฎ President Trump imposes 100% tariffs on any country that charges a 'Digital Services Tax' on American companies. #tradewars