币圈饭饭

Binance officially announces the 26th HODLer airdrop project - Lagrange (LA) is coming soon. As long as you invest BNB into Simple Earnings (including Flexible Earnings and Locked Earnings) or On-chain Earnings products during the period from June 22, 2025, 00:00 to June 25, 2025, 23:59 (UTC), you will have the chance to receive LA airdrop.
According to the official statement, the complete airdrop details will be announced in about 5 hours, and the new tokens will be sent to users' spot accounts at least 1 hour before trading starts, ensuring everyone can prepare in advance.
This type of HODLer airdrop is more like a benefit for long-term holders and encourages everyone to keep BNB in the ecosystem to 'earn interest'. But be sure to check the specific rules, such as minimum holding requirements or whether manual claiming is needed, to avoid missing the opportunity.#美国加征关税

Ripple's USD stablecoin RLUSD has exceeded $500 million in circulation in just seven months since its launch in December 2024. According to data from CoinGecko, RLUSD is currently issued on both the XRP Ledger and Ethereum, firmly ranking among the top 20 USD stablecoins, with a daily trading volume of approximately $26 million.
RLUSD is a stablecoin pegged to the US dollar, and the officials state that its 1:1 backing is supported by cash, equivalents, and short-term US Treasury bonds, representing a relatively 'conservative' compliant route.
In the face of increasingly fierce competition in the stablecoin market, the fact that Ripple has been able to scale RLUSD to this size in a short time indicates that it indeed has certain advantages in branding, ecological resources, and compliance layout.
The rise of RLUSD may not just be a matter of product strength, but rather reflects Ripple's 'trial and explosive' performance in the stablecoin field. If it can expand its use cases in cross-chain payments or institutional settlements in the future, it could become another force not to be ignored beyond USDC and USDT. #突破交易策略

According to Lookonchain monitoring, a suspected whale belonging to Arthapala has recently started a large-scale sell-off of ETH. Three related wallets have withdrawn a total of 155,837 ETH after unstaking, which is worth approximately 408 million dollars at the current price. Since June 10, these ETH have been gradually transferred to exchanges.
Currently, 120,918 ETH (approximately 317 million dollars) have been explicitly sent to trading platforms, while another 34,919 ETH (about 91.6 million dollars) have not yet been moved.
This wave of activity has raised concerns in the market. After all, such a large amount of selling pressure, even if only partially sold, could exert pressure on the short-term price of ETH. Although it cannot be confirmed whether all will be sold, the movements of large holders undoubtedly need to be closely monitored in the context of the current market volatility.#TruthSocial加密蓝筹ETF

According to Binance's latest official announcement, Tanssi Network (TANSSI) is about to launch, with trading expected to officially open at 7:05 PM (Beijing time) on July 9, 2025. At the same time, Binance has also started the TANSSI airdrop benefit—if you hold at least 140 Alpha points in your account, you have the chance to claim 750 TANSSI tokens early.
However, please note that this airdrop is “first come, first served,” and once it's gone, it's gone, and each claim will deduct 15 Alpha points. If you happen to meet the criteria and are optimistic about this project, you might as well prepare to grab some in advance. #突破交易策略

10x Research published on X that the current price of Ethereum (ETH-USDT) has steadily risen above the 7-day and 30-day moving averages, showing a clear bullish trend from a technical perspective. In the past week, ETH has increased by about 3.6%, a rise likely influenced by the continuous inflow of funds into Ethereum-related ETFs, especially as BlackRock's Ethereum spot ETF has recently intensified its buying power, with the fund's size approaching 4.6 billion USD.
Additionally, BitMine announced it has raised 250 million USD to support its ETH investment strategy, while SharpLink Gaming has directly increased its holdings by 9,468 Ethereum. These actions indicate that institutional interest in ETH is warming up, and market confidence seems to be recovering.
Although there are still macro uncertainties in the short term, these changes in fund dynamics could be a prelude to the next phase of ETH's surge. #TruthSocial加密蓝筹ETF

According to the latest data from Glassnode, some super Ethereum whales (i.e., addresses holding at least 10,000 ETH) are accelerating their entry, and the pace of accumulation has already surpassed that before the significant rise in ETH in 2022.
As of this Monday, the total holdings of these large accounts have increased from a low of 37.56 million ETH in October 2024 to the current 41.06 million ETH, representing a growth of 9.31%. This growth rate is quite remarkable—almost double the pace at which whales bought in before the rebound in mid-2022 (when ETH rose from $1,000 to $1,950).
A similar situation has actually occurred before. For instance, from the end of 2020 to the beginning of 2021, whales quietly increased their holdings by about 4% before the ETH price rose from $460 to $1,220. From historical experience, these large accounts often start positioning themselves before a bull market truly kicks off.
In other words, the actions of whales may be an early bet on the upcoming market conditions. For ordinary investors, this could be a signal worth paying attention to. #比特币巨鲸动向

Smart Money, crypto KOL @0xSunNFT (0xsun.sol) recently mentioned that more and more large holders (commonly known as 'car heads') are 'retiring' their main wallets and starting to operate with small accounts or new addresses. He analyzed two main possible reasons behind this: First, the pressure to follow is too great. Many large holders are immediately targeted by various on-chain bots as soon as they buy, causing prices to spike instantly, resulting in them not having a chance to layout, and the gains being eaten away — buying turns into raising a sedan, making subsequent operations impossible. Selling easily leads to being accused of 'cutting leeks,' while holding on makes them fear price impacts. Second, it is to avoid suspicion. As the market's public opinion environment becomes more sensitive, once the main wallet operates frequently, it can easily be labeled with accusations like 'insider information,' 'joint speculation,' 'using small accounts to sell off in advance,' etc. Even if nothing wrong is done, it can still lead to conspiracy theories, creating significant psychological pressure. 0xSun believes that this kind of 'stealth operation' may reduce social pressure and on-chain spectatorship, but it also undermines the inherent transparency of the crypto market to some extent. In the past, observing the movements of Smart Money on-chain was a way for many to obtain reference signals, but now, once the wallet becomes concealed, the waters become murky, providing space for behaviors like 'pretending to be a large holder' and 'inducing long and short positions,' which may make it harder for retail investors to distinguish between true and false signals. My view is: This may be a stage in the growth of the crypto market — shifting from 'on-chain transparent narratives' to 'on-chain disguise games.' This does not mean that Smart Money has disappeared, just that it has become smarter and more cautious. However, for ordinary investors, following strategies may need to start losing weight, placing more emphasis on project fundamentals and risk management, which is the long-term solution. #BTC走势分析

😂 Closed the loop #美国加征关税

According to tracking data from OnchainLens, a long-dormant Bitcoin whale (or possibly an institution) suddenly 'awoke' today, transferring 9,000 BTC in one go, worth approximately $977 million at current market prices.
Even more astonishingly, this address has transferred a total of 17,283 Bitcoins in the past 24 hours, equivalent to about $1.88 billion. Such large-scale on-chain movements are typically not feasible for retail investors, and it can be safely assumed that this is a wallet belonging to a large institution or an early miner.
It is worth noting that such whale activity can easily trigger market associations: is it preparing to sell, redistributing assets, or related to over-the-counter trading? Currently, the market has not shown significant volatility, but investors should remain vigilant—this kind of 'old wallet awakening' often heralds that some change is brewing. #BTC走势分析

GameSquare Holdings (NASDAQ: GAME) Launches Crypto Initiative with Initial Investment in Ethereum Treasury
GameSquare Holdings, Inc. recently announced that its board has officially approved a strategic plan to gradually establish an Ethereum (Ethereum) asset treasury with a total scale of up to $100 million. As a starting point for this initiative, the company plans to issue 8,421,054 shares of common stock or equivalent securities at a price of $0.95 per share. It is expected that this round of financing will bring in approximately $8 million in total revenue before underwriting fees and issuance expenses, which will be used to support the acquisition of initial Ethereum assets and the establishment of the treasury.
This move signals two key messages: first, that crypto assets are shifting from 'marginal allocation' by traditional financial institutions to corporate strategic reserves; second, that Ethereum has been chosen as the preferred asset, showing the company’s recognition of its long-term ecological value.
GameSquare's operations are not a short-term speculation of chasing highs and lows, but reflect an emerging trend—more and more publicly traded companies are attempting to incorporate blockchain assets as a core component of their capital structure. In the future, if the treasury gradually expands to a scale of $100 million, it may drive more companies to follow suit, sparking a new wave of 'corporate Ethereum standard.' #币安八周年

Today in the Hong Kong stock market, the total trading volume of 6 Hong Kong virtual asset ETFs reached 8.1096 million Hong Kong dollars. Specifically, Huaxia's Bitcoin ETF (3042.HK) had the highest trading volume, reaching 4.02 million Hong Kong dollars; Huaxia's Ethereum ETF (3046.HK) followed closely with a trading volume of 2.62 million Hong Kong dollars.
The two ETFs from Harvest Fund had relatively smaller trading volumes, with the Bitcoin ETF (3439.HK) trading 338,200 Hong Kong dollars, while the Ethereum ETF (3179.HK) only had 56,200 Hong Kong dollars. Bosera HashKey's two ETFs also performed well, with the Bitcoin ETF (3008.HK) trading 544,300 Hong Kong dollars and the Ethereum ETF (3009.HK) trading at 530,800 Hong Kong dollars. #突破交易策略

According to reports from First Financial, more than 40 companies are now preparing to submit applications, including JD Coin Chain, Standard Chartered - ANP - HKT Joint Venture, Yuan Coin Innovation, and Ant International are all on the list. However, industry insiders generally believe that only a few will ultimately receive licenses, as competition is particularly fierce.
Insiders reveal that the main applicants are large financial institutions and internet giants in China, and many companies have already begun recruiting blockchain talent in preparation for the license application.
Experts also point out that while stablecoins can indeed make cross-border payments more convenient, the actual operational cost is about 1%, so claims of a disruptive impact on the international monetary system are somewhat exaggerated. #突破交易策略

In the second quarter of 2025, the venture capital heat in the cryptocurrency field soared, with total financing reaching $10.03 billion, setting a new high since early 2022. In June alone, $5.14 billion flowed into various projects. Among them, the most notable is Strive Funds, an asset management company founded by American entrepreneur and politician Vivek Ramaswamy — they secured $750 million in funding in May, aiming to outperform the market by holding Bitcoin, executing the so-called 'alpha strategy.' Following closely is Twenty One Capital, which received $585 million in investment in April, becoming the second largest financing project of the quarter. The third is Securitize, with a financing scale of $400 million. Additionally, several other companies with high financing amounts also attracted attention: Kalshi ($185 million), Auradine ($153 million), Zen MEV ($140 million), and Digital Asset ($135 million), all adding fuel to the investment and financing frenzy of the quarter. #币安八周年

Every time there is a bull market, it seems like retail investors are frantically chasing the price, but in reality, it is often the institutions that have already positioned themselves that drive the market.
I used to be naive, thinking that those meme coins were all driven up by a collective frenzy, but after being involved for a while, I realized that many projects have institutional funds entering just minutes after they go live. They have already set their positions, waiting for retail sentiment to rise before jumping in to take the shares, and then quietly retreating themselves. The whole process feels like it was scripted in advance.
So now, whenever I see a project suddenly gaining popularity, my first reaction is not to follow suit, but to think about who is igniting the fire behind the scenes. A bull market is never built on mere 'excitement'; it is created with real capital. The so-called sentiment is merely a tool used during the final stages of selling. #牛市进行中…

The Ethereum Foundation is moving again.
You can question its efficiency,
but never doubt its speed and determination to crash the market. #以太坊ETF批准预期

Matrixport's latest chart analysis mentions that although Bitcoin has returned to high levels, the minting speed of stablecoins in the market continues to decline. This also indicates that there isn't much new capital coming into the market, which could be one of the main reasons Bitcoin is struggling to break through.
From on-chain data, the new capital flowing into the market is still quite limited. Moreover, summer is generally a period of low trading activity, so if we want to break the current sideways trend, we may have to wait for some significant macro-positive developments to drive it.
In this context, Matrixport suggests that bullish investors consider hedging potential risks by selling call options. Although Bitcoin may still have some room for short-term appreciation, the chances for a rapid surge may be quite limited. #美国加征关税

The public sale page of Pump.fun on Gate seems to have been exposed early. From the current leaked data, it can basically be confirmed that it is real. This public sale is scheduled to start on July 12th and will last for three days, or end early if fully subscribed. The valuation is set at $4 billion, with a public sale share of 15% and a target fundraising amount of $600 million. It looks like they have already completed a round of private placement aimed at VCs ahead of time.
Actually, I thought that this round of $PUMP's public sale might be a very good opportunity half a month ago. Looking at the entire market, currently, only it and Hyperliquid can be considered phenomenal products. Based on Hype's current $40B valuation, even though Pump may be slightly weaker in various aspects, it could still be a money printing machine due to its popularity and product strength. It's not impossible for large funds to jump in and achieve a 50%-100% return.
However, what's subtle is that recently LetsBonk has suddenly gained momentum, even surpassing Pump.fun in some metrics. This has shifted the reference token from Hype ($40B) to Bonk ($1.9B), significantly lowering the expected 'ceiling'.
Despite this, I still plan to participate in this public sale; however, how much I invest will depend on the token economics model on the launch day and the actual subscription speed to make a judgment. #pump

According to Coinglass data from July 8, Bitcoin is currently in a critical price range. A breakout or breakdown from this range could trigger large-scale liquidations on several major centralized exchanges (CEX).
If the Bitcoin price breaks above $110,000, a large number of short positions that have accumulated in the market may be forcefully closed, with total liquidations expected to approach $996 million. Conversely, if Bitcoin falls below $106,000, the losses for long positions could be even greater, with liquidation amounts potentially reaching $1.309 billion.
It is important to note that the liquidation heatmap published by COINOTAG does not directly show the specific number of contracts or amounts but uses colors and symbols to represent the liquidation intensity at various price levels. The larger the liquidation bar on the chart, the more concentrated the financial risk is at that price level. Once the price touches that level, it could lead to significant fluctuations.
For traders active on major CEX, this type of data visualization is very valuable for helping them better grasp the critical price points of Bitcoin and the potential risks in the market at those levels. #美国加征关税