😱 The market is in panic and James Wynn has been liquidated again, another whale buys ETH
James has once again suffered from the fall of $BTC and $PEPE , has been liquidated. From his new wallet, he has already managed to lose $2 million on trading.
While many are selling off ether, one whale is diligently buying it up: in the last 8 hours, he has purchased 48,825 $ETH worth $127 million. #IsraelIranConflict #JamesWynn #Whale.Alert
🧨 New military conflict puts pressure on the markets
Overnight, Israel attacked Iran's military facilities, causing financial markets to plummet - crypto was no exception. Funny, but domination grows even on falling $BTC . Israel attacked Iran's nuclear power facilities under the pretext that within a few days Iran would have several bombs that would fly on Israel.
Now the whole world is waiting for Iran's response, threatening to block access to the Strait of Hormuz, through which a large number of oil tankers pass, which is already driving up the price of oil.
Most likely nothing serious will happen and the guys will shoot for a couple of days and calm down, but we are closely following the events. meanwhile liquidation in the market is about $1B long positions #IsraelIranConflict #Liquidations #BTC
Eric Balchunas: get ready for a summer of altcoin ETFs📊
In July, the SEC may give the go-ahead to launch altcoin-based spot ETFs, as well as make a decision on Solana-related funds. That's the prediction made by Eric Balchunas, senior equity market analyst at Bloomberg.
Bloomberg Intelligence estimated the likelihood of ETF approval for each asset this year: $SOL ETF - 90% $LTC ETF - 90% $XRP ETF - 85% $DOGE ETF - 80% $HBAR ETF - 80% $ADA ETF - 75% $DOT ETF - 75% $AVAX ETF - 75% $SUI ETF - 60%
According to information from Blockworks, the Commission has required potential issuers of spot SOL exchange-traded funds to submit updated Forms S-1.
The regulator has promised to respond within 30 days, the publication's sources said. One source suggested that once the forms are updated, the SEC could approve the products within the next three to five weeks.
🔼 Whale has $BTC long already at $433 million Whale risks losing $30 million if bitcoin value falls to $103,304.28
🐋Another whale who previously made $5 million in the ETH/USD pair opened a short on $ETH 🔪 He entered the trade at ETH $2,793 with 25x leverage. Ethereum is now at $2,865 The current unrealized loss is $2.8M
🤯 James Wynn, using a new account on Hyperliquid, has reopened LONG with 40x leverage on BTC and 10x $PEPE ...He's in the plus side so far! BTC Position Size: $40M Liquidation: $104,144 kPEPE Position Size: $15M Liquidation: $0.0115
Onchain activity in the $BTC network is at the level of October 2023
Despite the fact that the price of the first cryptocurrency approached an all-time high, the number of daily transactions in the network fell to the level of October 2023. On June 1, this figure reached the 256,000 mark.
Along with the decrease in activity, transactions with minimal fees were included in the blocks. Among them was a transaction from a bitcoin developer under the nickname mononaut, which cost only 11 satoshis per virtual byte.
According to the specialist, it took about a month to process the transaction. The commission was only 11 satoshi (approximately $0.01).
Mononaut specified that the transaction was processed by the MARA miner, which uses Slipstream software for such cases.
Bitcoin Core developers published an open letter on June 6, in which they disagreed with the filtering of non-standard transactions and transactions with low fees, such as the one conducted by mononaut. In their opinion, such restrictions contradict Bitcoin's core principles of decentralization and resistance to censorship
BlackRock's iShares Bitcoin Trust ETF (IBIT) surpassed $70 billion in assets under management in just 341 days 💸
BlackRock's $BTC ETF surpassed the record of the GLD ETF, which gained the same values in 1,691 days. For example, the S&P 500 ETF - VOO, reached the same value in 1,701 days.
More than 65,886 BTC worth $7.1B have been withdrawn from crypto exchanges in the last week. The trend is intensifying on both OTC venues and centralized exchanges. Coins are getting smaller and smaller, but don't count on them running out altogether.
It doesn't work that way, but as a news backdrop it plays just fine. Right now, the market is all about politics. Altcoins in 99% of cases just move behind BTC and the best solution is to just wait out such a market. For now, BTC dominance is in the 65% area
Ethereum has developed a new privacy proposal that complies with EU requirements 🔗
The proposed $ETH privacy approach is based on the use of a modular architecture and complies with GDPR requirements in the European Union.
In public blockchains such as Ethereum, there is a challenge in reconciling the principles of immutability and decentralization with data protection rules.
To solve this problem, it is proposed to move personal data to the periphery (wallets and dapps) and use offchain storage with metadata deletion. It is also proposed to split roles cryptographically, which will focus GDPR controller responsibilities on a limited number of entities.
Reggianini noted that the main goal is to transfer information management to the relevant application layer actors, who will decide how to process personal data.
In essence, personal data must be transformed or abstracted before reaching the blockchain execution layer, and certainly before propagating through the consensus layer
Institutionalization, stablecoins and tokenization are at the heart of financial innovation on public blockchains like Ethereum.
“Bitcoin is great, we love it and remain confident of reaching the $200,000 level. This is our conservative but reasonable target for the current cycle,” the analysts said.
However, investor interest is gradually moving beyond simply preserving value. According to experts, many market participants are starting to see “early signs of the financial innovation that blockchain is unlocking.”
“Some still separate 'useful blockchain' and 'useless cryptocurrency', but Ethereum deserves recognition,” they stressed.
Ethereum's uniqueness lies in its role as a decentralized computer, the experts explained. Stablecoins and tokenization are natural use cases for the second most capitalized cryptocurrency, they said.
Yuga Labs proposed to dissolve ApeCoin DAO 🙊 Yuga Labs has proposed discontinuing the ApeCoin DAO and creating a new entity to develop the $APE token ecosystem
Greg Solano, CEO of Yuga Labs, called the ApeCoin DAO a bold but outdated experiment. He said the promising endeavor has turned into “slow, noisy and often unserious management theater.”
To preserve and improve DAO's only useful function - funding developers - Yuga Labs proposes to replace it with a new organization called ApeCo.
Resources will be focused on developing three key areas of the ecosystem: the ApeChain blockchain, the NFT Bored Ape Yacht Club collection, and the Otherside meta-universe. The company also plans to empower “real” developers through staggered grants and tighter oversight.
He transferred all $20,460 in donations to his Hyperliquid wallet. The decision to collect donations from cryptans seemed odd, as the popular whale sold $4.17M worth of HYPE tokens during the week. Of that amount, $2.98M went to Hyperliquid as margin for a new order, while the balance of $800k went to the Kucoin exchange James Wynn was hoping for BTC to rise above $109,000 and was confident that the market would shave all the shorts. He then increased his $BTC long to $140M+ when bitcoin went up, but shorted his BTC long to $127M, recording a loss of $135,000. Afterward, he tweeted: What matters is the global M2 money supply. Everything else is just noise. My goal is to make $1 billion in futures trading this cycle. But James Wynn lost a $25M long position in BTC, he was partially liquidated, then at $16M. Then James Wynn decided to close his LONG position in BTC, after another partial liquidations. James Wynn's total loss after closing all LONG positions was -$20.5M, and since May 23, when he had a peak profit of $82.5, he has lost over 100M. #BTC #Whale.Alert #JamesWynn
📉 Cryptocurrency drawdown is linked to the Musk-Trump conflict
The conflict between U.S. President Donald Trump and billionaire Elon Musk has led to a sharp decline in the value of $BTC .
On May 5, Musk criticized Trump's tariff plans, which caused tension between the two. He said the president's initiatives could lead to a recession in the second half of the year.
In response, Trump threatened to cancel Musk's government contracts, which he said would save the budget billions of dollars. As a result, Musk decided to retire the Dragon spacecraft at SpaceX, but he later retracted that statement.
The Hash Ribbon indicator gave a buy signal for $BTC 📈! - CryptoQuant
This makes sense considering the Hash Rate just hit a new all-time high of 638 EH/s. Miners are starting to use more efficient equipment, turning their machines back on and selling them less and less frequently.
Hash Ribbons is a popular indicator that highlights periods of stress in the mining market. It uses the 30 and 60 day moving averages of the Hash Rate and has just signaled the end of miners' capitulation.
While the indicator is not designed to pinpoint a price bottom, it often precedes rising prices by signaling a decrease in selling pressure from miners.
Binance holds $31B in stablecoins and attracts big investors 🐋
In May 2025, cryptocurrency exchange Binance recorded a total of $31B in stablecoins, accounting for nearly 59% of the total volume of “stablecoins” on the top 20 trading platforms.
Since the beginning of the year, Binance has received $180B in stablecoins
According to CryptoQuant analysts, the average deposit on Binance increased to $BTC on May 22, when the value of the first cryptocurrency hit a new all-time high of $112,000.
Average deposits on other major exchanges were lower: 5 bitcoins on Bitfinex, 1.23 bitcoins on OKX, 0.7 bitcoins on Kraken, and 0.8 bitcoins on Coinbase
In terms of total reserves, Binance ranks second with $110 billion in BTC, ETH, USDT and USDC. Coinbase is the leader with $129B