Crypto Pro Updates
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๐Ÿ“Š๐Ÿ‘€ Glassnode Report:
- Realized gains jumped to $1.47bn/day, marking the fifth major wave of profit taking in this cycle, with sales led by long-term holders (>12M) rather than short-term traders;
- Many of the strong accumulation zones from previous cycles moved into active distribution areas, especially among the cohorts that bought in the >$25k and <$73k zones;
- The major accumulation zones of $81-85k, $93-96k and $102-104k now act as potential support.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿฟ Elon Musk says "Yes" to a post claiming President Trump should be impeached.
๐Ÿ†• Coinbase adds #Fartcoin and #SQD to its roadmap. Fartcoin market cap: $974 million, SQD market cap: $140 million.
๐Ÿ—ฝ๐Ÿ‘€ #DOT #ETF 21Shares filed an updated version of its spot Polkadot ETF S-1 application. sec.gov
๐Ÿ“Š Asset class performance over the last 5 years
๐Ÿ”ฎ Updated #BTC forecast list
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿฟ Musk says Trump's tariffs will cause a recession in the second half of this year.

Trump: not against Ilon coming out against me. However, this is one of the greatest bills ever presented to Congress. It's a record spending cut, $1.6 trillion, and the biggest tax cut in history. If this bill doesn't pass, taxes will go up 68%, and things will be much worse.
๐Ÿ™‹โ€โ™‚๏ธ #APE CEO Yuga Labs proposes winding down the ApeCoin DAO and creating ApeCo to kickstart the APE ecosystem by supporting high-quality builders and strengthening the three main pillars: the ApeChain, Bored Ape Yacht Club and Otherside.
๐Ÿ“Š #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled $278.4 million.

Total net inflows of spot ETH-ETFs amounted to $11.3 mln.
๐Ÿฟ #HYPER #ZRO CEO LayerZero questioned Hyperlane's transaction data, citing a spurious volume of bogus transactions. Hyperlane responded that these were users chasing rewards, to which CEO LayerZero criticized HYPER's distribution of rewards as unfair.
๐Ÿ“ˆ #USDC Shares of Circle (#CRCL) ended trading at $83 for the first day, up 167% from its IPO price of $31. coindesk
๐Ÿ“Š๐Ÿณ #BTC Santiment: data shows that 3 large Bitcoin transactions on June 1 and June 2 correlated to the local high:
1. Transfer of 130,010 BTC worth $14.11 billion;
2. Transfer of 78,647 $BTC worth $9.41 billion;
3. Transfer of 22,531 $BTC worth $2.36 billion.
๐Ÿ‘ #SYRUP #SOL Maple Finance expands on Solana and launches revenue-generating stablecoin #syrupUSD. cointelegraph
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“‰ #BTC #ETF ETFs BTC-based ETFs controlled by institutional investors declined in early 2025, the first quarterly drop since spot ETFs were launched in the U.S.. cointelegraph
๐Ÿ”๐Ÿณ Whale Transactions:

1- Trader 0x2258 tried to trade against James Wynn again, but this time unsuccessfully. After James was liquidated, he bet on a bounce, as before, and opened a long on #ETH and #BTC. But as they continued to fall, he was forced to close the longs at a loss of $388k;
2. Advisor WLFI deposited 1 mln #USDC on Hyperliquid and shorted #TRUMP with 10x leverage. The liquidation price is $12.49;
3. Whale contributed 100.45 billion #SHIB ($1.21M) on Binance after 3 years of inactivity, making a profit of ~$311k (profits exceeded $2.7M at peak).
๐Ÿ†• #BNB Skate (SKATE) Will Be Available on Binance Alpha and Binance Futures (2025-06-09) binance #Binance #announcement
๐Ÿค– #AI The number of decentralized AI-based applications (DApps) and their active users has increased significantly this year. cointelegraph
๐Ÿค‘๐Ÿ˜ฑ Fear&Greed Index from #BTC and #ETH
๐Ÿ‡ฏ๐Ÿ‡ต #BTC Metaplanet plan to raise ~$5.4 billion to buy BTC and have updated accumulation targets: 100,000 BTC by end of 2026, 210,000 BTC by end of 2027.
๐Ÿ’ธ James Wynn has changed his X avatar and advises against leveraged trading.
๐Ÿ“Š Friday expiration of ~$3.8 billion worth of options:
- Nominal value of #BTC options: $3.21 billion
- put/call ratio: 0.76
- max pain point: $105,000

- Nominal value of #ETH options: $624 million
- put/call ratio: 0.69
- max. pain point: $2,600.