🦾 Diamond Hands continue to accumulate According to analyt | TopCryptoNews on Binance Square

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🦾 Diamond Hands continue to accumulate
According to analytics from CryptoQuant, Diamond Hands wallets gained 30,784 BTC (~$3.3 billion) on June 11.

💵 In total, these wallets hold about 2.91 million BTC with an average purchase price of $64k.

These wallets belong to people who have the Sell function disabled

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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🔥 Weekly Summary 1. Rapidly escalating war between Israel and Iran. 2. U.S. tariff rates near 100-year high. 3. The Fed, which is delaying interest rate cuts. 4. 10-year bond yields rise again to 4.50%. 5. Oil prices have risen nearly 40% in 2 months. 6. Debt ceiling and deficit spending crisis worsen. 7. Inflation has resumed its first rise since February. 🕯Still, the S&P 500 is 2% short of a new all-time high. And Bitcoin is trading 6% from its ATH. Amid such instability, markets are very volatile.

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🔴 Trump on the Israel-Iran Conflict I gave Iran chance after chance to make a deal. I told them, in the strongest possible terms, "just do it." But no matter how hard they tried, no matter how close they came, they never got it. I warned them: if they didn't make a deal, the consequences would be far worse than anything they knew or were told. 🇺🇸🇮🇱 The United States has the most advanced and deadly weapons in the world - WITHOUT COMPETITION. Israel is also armed to the teeth, and will have even more. And, most importantly, they know how to use it. 🇮🇷 Some Iranian radicals made threatening statements, but they did not understand what awaited them. Now they are DEAD. And it will only get worse! There has been so much bloodshed and destruction, but it is not too late to stop this meat. More brutal attacks are ahead. This must end. 😡 Iran must make a deal - while there is still something to save. While it is still possible to preserve at least a shadow of what was once called the Persian Empire. No more death. No more destruction. JUST DO IT BEFORE IT IS TOO LATE. #Trump #IsraelIranConflict

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📊 Solana Traders Brace for Sell-Off as Exchange Inflows Hit 14-Day High The total amount of Solana coins held on exchange addresses has surged to its highest level in the past 14 days. This uptick in exchange-held balances suggests that more investors are preparing to offload their SOL holdings amid a cooling crypto market. The spike in exchange balances comes amid the broader market retreat that has weighed heavily on investor sentiment. With the market struggling to maintain momentum, SOL is poised to extend its price decline. 🔸 SOL Investors Prepare to Sell Over the past several days, digital assets have struggled to maintain upward momentum. This has dampened investor interest and triggered an uptick in SOL’s exchange-held balance. It now sits at 31 million SOL, its highest in two weeks. When an asset’s exchange balance spikes, more of its coins ot tokens are being deposited into centralized exchanges. This is seen as a bearish signal, as traders typically move tokens to exchanges when they intend to sell. Solana exchange balance climbing to a 14-day high confirms that its investors are preparing to exit their positions amid weakening market sentiment. Moreover, SOL’s futures funding rate has turned negative for the first time in over a week, confirming the resurgence in bearish pressure. This is currently at -0.0006%. The funding rate is a periodic fee paid by traders in perpetual futures contracts to keep the contract price aligned with the underlying asset’s spot price. A negative funding rate indicates short positions are in higher demand than longs. This trend highlights the mounting selling pressure on SOL and hints at a possible continuation of its price fall. 🔸 Bearish Pressure Mounts on SOL SOL’s rising exchange inflows and negative funding rates paint a cautionary picture for its near-term performance. If bearish pressure gains, SOL’s price could breach the support at $142.59 and fall toward $123.49. However, if the bulls regain dominance, they could drive a rebound to $171.88. #SOL #Solana

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💥 Altcoins Plunge, Crypto Liquidations Hit $1B Amid Israel-Iran Tensions Crypto prices have plunged in the wake of Israel's airstrikes on Iran, with major altcoins taking significant hits and liquidations passing $1 billion, as markets braced themselves for Iran's response. Ethereum has tanked 7.8% over the past 24 hours to $2,533, according to CoinGecko, while XRP dropped 3.9% to $2.13 and Solana 8.4% to $145. The best-performing assets in the top 15 cryptocurrencies by market capitalization are both stablecoins holding their peg to the U.S. dollar—never a good sign. As a result, $1.16 billion worth of liquidations have swept the crypto market. Leading the way is Bitcoin with $449.95 million of liquidations, followed by Ethereum at $301.92 million, and Solana at $53.46 million. The vast majority of these liquidations were long positions. Predictors on Myriad shifted their stance on more long Bitcoin positions being liquidated on Saturday, June 14 to over 55.8%—a notable move from the near 50% odds that predictors gave the market on Thursday afternoon. 🔸 Israel's airstrike on Iran Israel launched a large-scale airstrike against Iran in the early hours of Friday, with government officials claiming the country was targeting nuclear facilities, balistic missile factories, and military commanders. Iranian state media outlets have reported several casualties, including civilians and senior officials. “The Zionist regime will regret its action today,” Iranian President Masoud Pezeshkian tweeted, announcing a “special meeting” set to take place on how to respond. Meanwhile, Israel declared a state of emergency in anticipation of possible missile and drone attacks in response from Iran. The crisis could also impact on the chances of a nuclear deal being struck between Iran and the United States, with predictors on Myriad now giving odds of just 4.7% for a positive outcome in the talks. #Altcoin #Altcoins

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😱 The market is in panic, and James Wynn is liquidated again James suffered again from the Bitcoin crash and was liquidated. He has already managed to lose $2 million on trading from a new wallet. While many are selling off Ether, one whale is busily buying it up: in the last 8 hours, he bought 48,825 ETH for $127 million. We hold our shields, the situation is heating up, but we know that the market is just giving us another opportunity to buy back the bottom 🥹 #BTC #bitcoin

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