🕵️ #ETH London-based Abraxas Capital bought another 46,295 ETH ($115.3M), scooping up a total of 350,703 ETH ($837M) since May 7. The firm currently sits on an unrealized profit of $50M.

🔝 Top Privacy Blockchain Coins by Fully Diluted Valuation #BDX #ALEO #ROSE

📊👀 #ETH #ARB #OP TVL on Ethereum L2 Base is rebounding sharply and is nearing its previous highs.

And while Arbitrum shows some recovery, Optimism remains weak, with TVL still hovering around its April lows.

📉 The number of daily active Farcaster addresses has dropped 60% in the last 6 months

📊 #ETH’s Pectra upgrade hasn’t translated into a spike in network engagement just yet. Since the upgrade, the average new and resurrected addresses are down in comparison to YTD values (–1.8% and –8.4% respectively) - but churn is notably lower as well (–8.5%).

📈 The amount of #RLUSD borrowed on #Aave reached a new all-time high of 19,673,968.44 RLUSD.

🇦🇷🙅‍♂️ President Milei has shut down the Argentine unit investigating the #LIBRA cryptocurrency scandal.

🔝 Top #DeFi Projects by Revenue in the Last Month

🕵️ #ETH Notably, 8 newly created wallets withdrew 105,736 ETH ($262M) from Kraken after Jeffrey Wilcke's deposit.

It is possible that Jeffrey Wilcke did not intend to sell ETH, but just transferred them to other wallets.

📈 #SUI leads all blockchains in terms of #stablecoin inflows in the last 24 hours, with $83.4 million flowing into its ecosystem.

🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +6,387 BTC ($666.72M) 🟢
Blackrock inflows 2,908 BTC ($303.6M) and currently holds 636,120 BTC ($66.4B);
#ETH-ETFs:
NetFlow: +8,404 ETH ($20.83M) 🟢
Blackrock inflows 5,449 ETH ($13.5M) and currently holds 1,289,892 ETH ($3.2B).

📈 #BTC-#ETF's are seeing massive inflows, a trend that began in mid-April. Over the past 5 weeks, there has been a net inflow of $6.63B across Bitcoin ETF's. This is historically a bullish sign for future price movement.

🔝 Top 15 Projects By 30D Revenue

🗽📊 The US holds just 4% of the world’s population but controls 40% of global #BTC holdings.

💰📈 #SOL Solana generates more weekly network revenue than all other L1 and L2 networks combined, per Token Terminal data.

🤔 #BTC CQ: On the daily timeframe, compression is building up again - the third instance in this bull cycle. A similar pattern of three compressions preceded the 2018 rally. Very soon, we'll see just how tightly the spring has been coiled this time.

🐶🙅‍♂ #DOGE #ETF SEC delays Grayscale spot Dogecoin ETF.

💸🤓 The Law of Large Losses — the deeper the drawdown, the steeper the road to recovery.

If you lost 10%, you only need +11% to recover, but if you lost 50%, you already need +100% to get back what you lost.

📊🤔 #BTC Bloomberg Analyst: BlackRock is now the 2nd largest BTC holder after Satoshi

With 636,108 BTC, BlackRock is already 57% of the way toward becoming the largest Bitcoin holder in the world — a milestone it could reach by next summer.

But if BTC hits $150K in the coming months, we might see a wave of advisor-driven inflows, accelerating that timeline significantly.

US ETFs combined already hold over 1.18M BTC