Crypto Pro Updates
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๐Ÿ’ต 250,000,000 #USDC (250,174,000 USD) minted at USDC Treasury link
๐Ÿ“‰ Bitcoin Falls to $60,920
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๐Ÿ“‰ Bitcoin Falls to $60,920
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๐Ÿ’ธ $2,200,000,000 worth of crypto longs liquidated in the past 24 hours.
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๐Ÿ“‰ Solana $SOL falls under $70 for the first time since 2023.
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๐Ÿ•ต๏ธ A newly created wallet withdrew 1,500 $XAUt worth $7M from Kraken, 30 minutes ago. link
๐Ÿ’ธ Another $350,000,000,000 wiped out from the crypto market cap today.
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๐Ÿณ The "255 $BTC Sell to Short" whale is experiencing significant losses.

After closing positions in $ETH, $XRP, $ZEC, $SOL, and $BTC, the whale faced a massive loss exceeding $31.4M, with profits plummeting from $25.5M to a loss of over $30M.

Currently, the whale only holds a $DASH short position, which has a profit of $5.6M. link
๐Ÿ•ต๏ธ Trend Research just deposited 8,000 $ETH ($14.8M) to Binance to sell and avoid liquidation.

In total, Trend Research has sent 203,000 $ETH ($457M) to Binance at $2,252 and still holds 463,143 $ETH ($836.84M).

Total losses are now over $855M. link
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๐Ÿ—ฃ Samson Mow on BTCSessions stated, "The problem for these guys trying to control the price is Bitcoin is finiteโ€ฆ eventually that all comes to an endโ€ฆ these guys donโ€™t understand absolute scarcity." link
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๐Ÿ•ต๏ธ The Bitcoin mining firm #MARA transferred 1,318 $BTC ($86.89M) to Two Prime, BitGo, and Galaxy Digital in the past 10 hours. link
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๐Ÿ•ต๏ธ 550,000,000 #USDT (549,883,125 USD) transferred from Tether Treasury to Bitfinex link
๐Ÿณ After being inactive for 7 months, whale 3M4p1i is back buying the dip.

Today, they bought 482 $BTC ($32.5M) and now hold 1,960 $BTC ($128.3M). link
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๐Ÿ•ต๏ธ This guy created a new wallet and started going long on $ETH four days ago.

Six hours ago, he got fully liquidated and lost over $4M.

He thought that was the bottom, but an even lower bottom awaited him. link
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“Š Polymarket posted on X that it will partner with USDC, and that Polymarket user balances will soon be backed 1:1 by U.S. dollars, with more details to follow.

OKX market data shows USDCโ€™s market cap at around $70.81B, with circulating supply at approximately 70.69B. link
๐Ÿ“Š Pump Fun founder Alon wrote on X that despite unfavorable market conditions, the team will continue to scale headcount quickly and aggressively. He added that Pump Fun will keep investing resources to drive growth across its core platform, the Pump Fun mobile app, and Terminal, while providing technical support for areas such as cross-chain trading infrastructure. link
๐Ÿ’ธ #AAVE A credit secured by 2.3% of the total AAVE supply ($30 million) was partially liquidated several times as the market fell.

Aave founder Stani Kulechov denied assumptions that it was his debt. link
๐Ÿ’ธ #AAVE A credit secured by 2.3% of the total AAVE supply ($30 million) was partially liquidated several times as the market fell.

Aave founder Stani Kulechov denied assumptions that it was his debt. link
๐Ÿ•ต๏ธ The market is crashing, and long trader 0xEc0B got liquidated 21 times on $BTC, $ETH, $ENA, $WIF, $NEAR, $CRV, and $DOGE longs.

His total losses are now over $19.7M. link
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๐Ÿ’ฐ McDonaldโ€™s Overtakes Ethereum in Market Capitalization

ETH Drops 31.14% in a Week. link
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๐Ÿ‘ฎ Bitcoin payments app Strike reported unusually high traffic that temporarily affected parts of its Bitcoin payments network. The team is investigating the issue and confirmed that services have fully recovered, apologizing for any inconvenience and requesting users to report any remaining issues. link
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