๐๐ 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.
- 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.
๐บ๐ธ๐ฟ 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.
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.
๐โโ๏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.
๐๐ณ #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.
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.
๐๐ณ 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).
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).
๐ #BNB Skate (SKATE) Will Be Available on Binance Alpha and Binance Futures (2025-06-09) binance #Binance #announcement
๐ค #AI The number of decentralized AI-based applications (DApps) and their active users has increased significantly this year. cointelegraph
๐ฏ๐ต #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.