Abraxas Capital Mgmt has withdrawn a total of 33,612.38 ETH (approximately 92.61 million USD) from various exchanges in the past 14 hours, with an average withdrawal price of $2755
This address currently holds 233,000 $ETH, worth up to 650 million USD🏦
Wallet address https://t.co/BPSxsiHWmO
This article is sponsored by #Gate exchange | @Gateio_zh
A Brief Discussion on the Third Phase of the BSC Alpha Trading Competition
1️⃣ Why Consider Participating The high threshold of 06.08 OL 233 has 'dismissed' many score-padding participants, and yesterday the total trading volume of Alpha dropped to 1.75 billion USD, about 300 million less than the previous two days; the third season of the BSC trading competition started on 06.07, and this time it might not be as competitive (relatively speaking, haha)
2️⃣ What Assets to Choose Personally, I would choose $RDO for three reasons
- RDO has the best liquidity depth among the six assets in this trading competition, with a mainstream liquidity pool depth of 1.445 million USD and a transaction fee of 0.01%
- RDO rewards are the most generous among the six assets, distributed to the top 13,000 users by total trading volume, with an average of 7,692 RDO (about 88 USD); in comparison, ELDE only rewards the top 1,300
- RDO's price performance has been quite good in recent days, topping the charts with three consecutive days of gains, and if you're lucky, you might even earn some while increasing volume during the price rise
Is the threshold too high and you are preparing to leave Binance Alpha? Village subsidies are here —— Get 10 dollars for 198 points😆
Let you give an account to the grandpas, grandmas, uncles, and aunts in the village. So thoughtful, too thoughtful! After receiving today, you can continue to earn again.
Are the giant whales who built their positions in $ETH in 2021 finally going to sell after 4 years? 🥹
During the period from April to May 2021, they withdrew 10,900 ETH from #Binance at an average price of $2305. In the past 8 hours, 4,732 ETH were deposited back into the exchange, worth $11.99 million. If sold, they would profit $1.085 million.
Six months after building their position, ETH reached an all-time high of $4,891, with peak unrealized gains reaching $28.18 million. Maybe that's why they are diamond hands.
Selling address https://t.co/4arabYzd6u ; This article is sponsored by #Gate Gate Exchange | @Gateio_zh
What are the main factors that determine the rise and fall of native tokens of public chains like $ETH / $SOL / $TRX, besides market buying and selling power?
—— Issuance and Destruction Status 👾
In the bull market of last November, I compiled relevant data for the three networks. More than half a year later, let's see how the situation is now that the Memecoin craze has subsided and the overall market is bearish.
🔹 Issuance Comparison
Ethereum: Total supply of 120 million, with an increase of 575,897 ETH (approximately $1.445 billion) in the past year, an issuance rate of 0.47%
Solana: Total supply of 602 million, with an increase of 24,824,185 SOL (approximately $3.7 billion) in the past year, an issuance rate of 4.12%
Tron: Total supply of 94.85 billion, with a decrease of -1,469,321,597 TRX (approximately $420 million) in the past year, an issuance rate of -1.55%
Simple Conclusion: TRX is the only one of the three networks to achieve negative growth, followed by ETH. The one with the most issuance is actually Solana, which is touted as the Ethereum killer.
🔸 Destruction Comparison
Ethereum: A total of 252,674 ETH (approximately $633 million) were destroyed in the past year, with an average daily destruction of 692 ETH
Solana: A total of 2,255,649 SOL (approximately $337 million) were destroyed in the past year. It reached a peak of destruction in the past year in 2025.01, with a destruction rate as high as 23.25%, which coincided with the Meme craze.
Tron: A total of 3,356,105,824 TRX (approximately $958 million) were destroyed in the past year, of which TRC20-USDT contributed nearly 96.8% of the TRX burning ratio. The peak is significantly different from the previous two networks, occurring in 2024.08.
Simple Conclusion: From a time perspective, Ethereum and Solana are clearly affected by the overall market and Meme trends. The destruction peaks are concentrated in 2024.11 - 2025.01. Although Tron also made attempts on Meme, USDT is still the "main force of destruction", showing a clear off-peak situation; From the perspective of destruction amount, Tron still has the best destruction performance among the three public chains.
🔹 Price Increase and Decrease Comparison
ETH: Increased by 32.36% in the past year SOL: Increased by 8.47% in the past year TRX: Increased by 151.69% in the past year
In summary, based solely on the "issuance and destruction" data, the performance ranking of the three public chains is actually Tron > Ethereum > Solana, which is relatively counter-intuitive. This is most likely related to the positioning of the public chain and the main application scenarios: Ethereum's narrative in this round is LRT and DeFi. When the market is bearish and on-chain transactions sharply decrease, destruction will inevitably be affected; Solana has become a veritable Meme chain, and the data peaked due to Meme, and it will naturally become embarrassing under the BSC counterattack trend; Tron seems to always be able to "be beautiful alone" due to the consensus mechanism and USDT business, maintaining stable destruction and clearly reflected in the price performance.
Additionally, should Binance consider holding an Alpha-themed creation contest? Haha, this time Alpha has indeed introduced a lot of traffic from outside the circle, allowing newcomers to start using DEX and even understand DeFi. Many excellent derivative contents also come from the community. If there are related activities, it can encourage everyone to contribute ideas and form a positive cycle @heyibinance @cz_binance @sisibinance @yayabinance @binancezh @BinanceWallet
Block builder Beaverbuild deposited 5,500 ETH worth 13.63 million USD to #Binance 1 hour ago.
As the largest block builder on the Ethereum network, this address has deposited a total of 24,519 ETH to various exchanges since November 2023, with a total value of up to 66.46 million USD 🥸
Wallet address https://t.co/MoffRtQmar
This article is sponsored by #Gate Gate Exchange | @Gateio_zh
Binance Alpha New Target for Earning Points: $8200 Only Worn Down by $0.5!
The transaction fee has evolved from one ten-thousandth (0.01%) to four hundred-thousandths (0.004%)! If you keep pushing for points, you can earn them without any technology, so please stop! 🤪
This morning, I saw $KOGE added a pool with a 0.005% fee on Uniswap V4, and by the time I got home, it had already rolled down to 0.0039%. In fact, there was also a 0.004% LP that just withdrew, so it’s likely to drop even lower.
BTW: KOGE is the governance token of 48 Club on BSC @48ClubIan @48Club_Official
The richest and most powerful people in the world are arguing on Twitter https://t.co/Ewxjd5XkxK inciting Musk to post Memes WLFI consultant shorts TRUMP 10x Circle lists bloodsucking coins Outside the screen, you and I are losing money
How do project tokens go live on Binance Alpha? 1️⃣ Go through the application queue 2️⃣ Compete in data and popularity to go directly through the green channel
An interesting example: $FLOCK(@flock_io) went live on Alpha this January, was delisted in March, and after being listed on Upbit and Bithumb, two major Korean exchanges, at the end of May, the token price surged. It seems to have quietly gone live on Binance Alpha again yesterday 🤣
While organizing the 24H Alpha trading volume today, I suddenly found that $FLOCK had trading numbers again. I verified it in the Binance wallet address, and indeed, it was relisted but there was no announcement — LA surged on Binance contracts, KMNO had the highest trading volume on Binance spot, FLOCK surged and was relisted on Alpha, no problem, data is the hard truth ✊
Currently, 22.48% of FLOCK tokens are in a staking state, totaling 42.35 million tokens. After the surge, the foundation did not sell but instead actively locked up 10 million tokens for a year; additionally, the largest holding entity is Bithumb (accounting for nearly 20%), and the 24H trading volume is 23.46 million dollars, which is twice that of the second-ranked Gate data. It is not an exaggeration to say that the recent surge was driven by Korean users, making it one of the hottest AI projects in Korea recently, haha.
Data Alert: HTX withdrew 400 million USDT from Aave an hour ago, causing Aave's USDT borrowing APY to skyrocketed to 28.86% and deposit APY to surge to 24.65%! 🚨
Withdrawing such a large amount of funds in a short time, what is the intention? https://t.co/o3SPehdkQd
However, it seems that quite a few arbitrage addresses are already depositing U, haha.
After Coinbase announced that ENA will be added to the roadmap, the whale 0xEe6...8d6C5 recharged 6.39 million tokens worth $2.16 million to#Binance9 hours ago, suspected of selling
This part of $ENA was received from the @ethena_labs multi-signature address two weeks ago, or unlocked for institutional/whale airdrops
Half an hour ago, @worldlibertyfi airdropped 47 $USD1 to $WLFI subscribers, directly to their Ethereum addresses; Airdrop contract 👉 https://etherscan.io/tx/0x3b67362b7e4ff8259bb42024d4dc321aa7775ee11762e32f5ec0b4463f873d50
Why 47? Because Trump is now the 47th president of the United States, that damn sense of ritual🤣
A total of $54.82 million worth of $KAITO has been deposited into the platform's staking address🤨
Kaito is once again dominating the information flow, the big gains of $HUMA have revitalized the Yap army, and there are currently two ways to obtain airdrops: 'mouth rub' and 'staking KAITO'. Clearly, many institutions and large holders have chosen the latter.
Among them, the address 0xF11...a6a24 seems to have a financial connection with Selini Capital, accumulating a total of 3.59 million KAITO (approximately $6.89 million) staked since April 16, with this portion of tokens now showing a profit of $2.7 million; while the address 0xB8C...dC1dc, which has interacted multiple times with Continue Capital, also staked KAITO worth $3.99 million on May 30.
Kaito staking contract https://t.co/qU6vw0PFPJ
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Currently, the top 5 projects on the @KaitoAI Pre-TGE Arena leaderboard are as follows 🔸Infinex(@infinex): Comparable to an on-chain application aggregator, launched by Synthetix, originally a decentralized perpetual contract protocol. 🔹 Newton(@MagicNewton): A new cross-chain network launched by Polygon and PayPal-backed startup Magic Labs, aimed at making cross-chain experiences smoother. 🔸Opensea(@opensea): No introduction needed, once the undisputed leader in the NFT era, it's been a long time since they announced token issuance with no further news. 🔹Humanity Protocol(@Humanityprot): A blockchain network aimed at combating witch hunts, invested by Pantera Capital and Jump, providing developers with more recognizable verification methods while respecting user privacy. 🔸Monad(@monad_xyz): Another top-tier project, a high-performance L1 public chain, with investments from Paradigm / Dragonfly and Coinbase Ventures.
Among them, Infinex / Newton / Humanity have all clearly stated that they will reserve a portion of airdrops for Kaito Yapper players and stakers, which may also be the reason for their positions in the top three.
A total value of $54.8 million in $KAITO has been deposited into the platform's staking address🤨
Kaito once again dominates the information flow, and the big holders of $HUMA have reactivated the Yap army. Currently, there are two ways to obtain airdrops: 'mouth licking' and 'staking KAITO'. Clearly, many institutions and large holders have chosen the latter.
Among them, the address 0xF11...a6a24 seems to have a financial connection with Selini Capital, having cumulatively staked 3.59 million KAITO (approximately $6.89 million) since 04.16, with this portion of tokens now having an unrealized gain of $2.7 million. Meanwhile, the address 0xB8C...dC1dc, which has interacted multiple times with Continue Capital, also staked KAITO worth $3.99 million on 05.30.
Kaito staking contract https://t.co/qU6vw0PFPJ
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Currently, the top 5 projects in the @KaitoAI Pre-TGE Arena leaderboard are as follows: 🔸Infinex(@infinex): Comparable to an on-chain application aggregator, launched by Synthetix, originally a decentralized perpetual contract protocol. 🔹Newton(@MagicNewton): A new cross-chain network launched by Polygon and the PayPal-backed startup Magic Labs, aimed at making cross-chain experiences smoother. 🔸Opensea(@opensea): No introduction needed; it was undoubtedly the leader in the NFT era, and it's been a long time since they announced the issuance of tokens with no further updates. 🔹Humanity Protocol(@Humanityprot): A blockchain network resistant to witch hunts, invested by Pantera Capital and Jump, which provides developers with more recognizable verification methods without infringing on users' personal privacy. 🔸Monad(@monad_xyz): Another top-tier project, a high-performance L1 public chain, with investments from Paradigm / Dragonfly and Coinbase Ventures.
Among them, Infinex / Newton / Humanity have all explicitly stated that they will reserve part of the airdrop for Kaito Yapper players and stakers, which may also be a reason for their positions in the top three.
Is MicroStrategy currently the largest holder of Bitcoin? —— No, Satoshi Nakamoto is
Satoshi Nakamoto's public account currently holds 1.096 million BTC, with a total value of 11.22 billion USD, while MicroStrategy's BTC holdings amount to 580,000 BTC (6.02 billion USD). To become the 'largest player in Bitcoin', they would need to buy nearly double that amount, haha🤣
Since August 2020, MicroStrategy has announced that it will use Bitcoin as its primary financial reserve asset, becoming the world's first publicly traded company to hold Bitcoin. As of now, the BTC acquisition cost is $70,023, with an unrealized profit exceeding 19.1 billion USD, and the stock price has surged sevenfold over 24 years, perfectly illustrating what it means to say 'choosing is more important than effort'.
However, MicroStrategy is indeed the world's largest corporate Bitcoin holder.
In this cycle, BTC stands out, and more and more publicly traded companies are becoming buyers of Bitcoin. Apart from MicroStrategy, Tesla and Metaplanet are also frequently mentioned as 'major buyers'; the market always pays extra attention to the holding costs of large whales, and as corporate whales, their holding costs may serve as a more meaningful reference point 💡
The newly released BTC Treasuries Dashboard from SosoValue can help you quickly understand the detailed situation of publicly traded companies holding Bitcoin. Currently, 14 publicly traded companies have cumulatively purchased 637,000 BTC, with a total value of 6.61 billion USD. Here are some highlighted data points:
🔸 Company Distribution: Among the 14 companies, 10 are listed in the United States, accounting for 71.4%, followed by 3 in Japan. 🔹 Holding Volume: MicroStrategy holds 50.47 times more BTC than Tesla, which ranks second among corporate holders. 🔸 Holding Cost: Among the companies that have disclosed BTC holding costs, Nano Labs Ltd has the highest cost at $99,500, while the lowest is Block at $30,405. 🔹 Latest Purchase: MicroStrategy announced the acquisition of 705 BTC on June 2, 2025.
The current price of BTC is $103,792, meaning all publicly traded companies that have purchased BTC are currently in a state of unrealized profit.
The most discussed question lately is 'Is this price increase a rebound or a reversal?'. When in doubt, it might be better to refer to the operations of these 'Big Size whales', haha; here's the link to SosoValue's dashboard 👉 https://t.co/olbR5K9uJD (BTW: SosoValue has already reached the third quarter for staking. I shared about the first quarter before. If you find the exchange returns low and feel that DeFi operations are complex, you might want to see if there's a suitable SSI for yourself; it's another option.)
Giant Whale / Institution 0xB8C...dC1dc Withdrawn 1.79 million $KAITO (approximately 3.99 million USD) from #Binance in the past 8 hours, and then all deposited into Kaito for staking
In addition, the funds from this address have had multiple interactions with Continue Capital; today the information flow has been flooded by @stayloudio and @KaitoAI, could it be that besides KOLs talking, institutions also plan to enter and use cash capabilities to farm? 🤣
The whale 0xA48...95f5e, which interacted multiple times with Alameda Research OTC address and Three Arrows Capital four years ago, deposited 100 WBTC worth 10.86 million USD into #Binance half an hour ago.🤔
Since May, this address has transferred a total of 860.31 WBTC to exchanges, with a total value of 90.4 million USD, and currently holds 200 $WBTC.
Wallet address https://t.co/QnVWaKT2kX
This article is sponsored by #Gate Gate.io | @Gateio_zh
New address 0x876...03D3E 1 hour ago, 123,000 ENS were withdrawn from #Bithumb, worth $2.82 million
It has been a long time since I saw a large transaction of $ENS on the chain🤔ENS has increased by 4.89% in the past 24 hours, and the current price is $22.92