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Odaily Odaily News Blockchain analyst Vadim noted that Base experienced a network outage today due to a consensus bug triggered by a single invalid block. All block generation after height 47806542 ceased, halting the network for nearly two hours. Since Base utilizes a single sequencer architecture, when that node encountered an error, the entire network stopped running, with no backup block producer or other validator nodes available to bypass the fault and maintain on-chain activity. During the outage, users were unable to conduct transactions, perform liquidations, or process withdrawals.Furthermore, the network recovery process was not automated; node operators within the ecosystem had to manually restart for block synchronization to gradually resume. This is not the first such incident for Base. In August of last year, the network also experienced a freeze lasting approximately 33 minutes due to a sequencer switching failure. The single sequencer model exposes the centralization risks in some current L2 networks: while offering higher speed, the entire chain can come to a halt due to a single point of failure when the core component malfunctions.
According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 2,700 BTC (approximately $161 million) and 41,996 ETH (approximately $65.16 million) into Coinbase, totaling approximately $226 million.
Base has postponed the Beryl mainnet upgrade to June 26 at 18:00 UTC to ensure full activation of the B20 Activation Registry. Developers must wait until the registry goes live before deploying B20 tokens, with an estimated maximum wait time of approximately one hour. Base stated that the previous ~2-hour mainnet block interruption was unrelated to this upgrade. Additionally, Beryl will reduce the withdrawal waiting period from Base to Ethereum from 7 days to 5 days and integrate Reth V2.
According to on-chain analyst Yujian monitoring, F2Pool co-founder Wang Chun (@satofishi, 0xF42...b51) withdrew 9,937 ETH (worth $15.5 million) and 147.5 WBTC (worth $8.7 million) from Binance in the past 6 hours today, and subsequently deposited them into Spark. Since BTC fell below $60,000 and ETH fell below $1,700 at the beginning of this month, Wang Chun has successively purchased approximately 65,700 ETH, valued at $111 million, as well as 966 WBTC, valued at $60.29 million, at an average BTC price of about $62,400 and ETH price of about $1,660. Currently, all of his WBTC and about half of his ETH have been deposited into Spark, while the other half of ETH has been deposited into Ethereum staking.
According to Hyperinsight’s monitoring, Abraxas Capital—a major whale that has long employed hedged short positions on gold-related assets to arbitrage funding rates—currently holds a 5x-leveraged short position with an initial margin of approximately USD 3.51 million. The position has been open for 144 days and maintained at roughly the same size throughout. Cumulative funding rate settlements during this period have totaled USD 359,000—about 10.2% of the initial margin. Excluding minor position adjustments, its annualized return is approximately 25.9%.
According to Onchain Lens monitoring, a whale has established a short position with a total value of approximately $73.76 million, including a 40x leveraged short position on 1,002.5 BTC and a 10x leveraged short position on 89,695.7 SPCX. The liquidation price for the BTC position is $62,071.8.
Bitget PoolX is about to launch the Bluwhale AI (BLUAI) project. Users can lock ETH to share 14,000,000 BLUAI, with a personal lock-up limit of 1,500 ETH. The lock-up channel will be open from 18:00 on June 26 to 18:00 on July 7 (UTC+8).In addition, users with positive net ETH deposits during the event period will receive a 5% ETH wealth management booster coupon after the event ends. First-time PoolX participants who meet the net deposit requirements will receive a 15% ETH booster coupon. The net deposit calculation period is from 17:00 on June 26 to 17:00 on July 6 (UTC+8). For more details, please refer to the official Bitget platform.
According to Onchain Lens monitoring, after a month of inactivity, a whale withdrew 1.6 million TRUMP, worth $2.7 million, from Binance. The whale currently holds 17 million TRUMP, worth $2.88 million.
: Citrini analyst jukan posted on X platform, stating that Lenovo considers memory price increases the "new normal." DRAM and NAND flash memory prices have entered a structural upward cycle. Even if major suppliers continue to expand production, prices are unlikely to return to early 2025 levels. Higher costs are being passed through the entire industry. In the future, various electronic devices, including PCs and smartphones, are expected to face continued price pressure, with higher prices becoming the "new normal" after 2030.
Odaily报道 According to monitoring by on-chain analyst Yujin, a whale who held ETH for 8 years sold 17,598 ETH on-chain in the past hour, exchanging it for 27.245 million USDS at a sale price of $1,548. The whale initially received 37,602 ETH in February 2018, which was worth $31.16 million at an ETH price of $829. Eight years later, selling approximately half of their ETH holdings netted them a profit of $12.65 million.
Odaily BlockBeats News, according to official announcements, Bybit Spot will list CAP (CAP/USDT) on the spot market on June 26 at 1PM UTC.- Deposit opening: June 26 at 4AM UTC- Trading opening: June 26 at 12:00PM UTC- Withdrawal opening: June 27 at 10:00AM UTCCap is a decentralized credit protocol built on the Ethereum blockchain, designed to protect lenders' principal security through on-chain financial guarantees.
According to Hyperinsight’s monitoring, large-cap tech stocks weakened due to Apple’s sharp decline, while persistently high U.S. PCE inflation and further cooling of market expectations for rate cuts prompted investors to take profits from overvalued AI-related stocks; AI industry chain stocks broadly declined overnight and into this morning.
according to monitoring by CryptoQuant analyst Darkfost, ETH whales have fallen into losses for the first time since 2019. Even during the 2022 bear market, the largest whales holding over 100,000 ETH managed to remain profitable. Currently, the unrealized profit ratios for all three whale groups are negative: -0.26 for the range of 1,000 to 10,000 ETH, -0.21 for 10,000 to 100,000 ETH, and -0.05 for addresses holding over 100,000 ETH. This situation has persisted for several weeks.Darkfost noted that, historically, when the ETH market tests the conviction of whales, it often simultaneously forms a bottoming zone. Ethereum has demonstrated considerable resilience so far.
According to Trader T (@thepfund), yesterday’s Ethereum spot ETF saw a net outflow of $81.55 million.
According to Trader T (@thepfund), yesterday’s Bitcoin spot ETF saw a net outflow of $695.79 million.
According to an official announcement, Oxium stated that due to prolonged adverse market conditions resulting in insufficient platform revenue, it can no longer sustain operations; the team has therefore decided to gradually wind down the project. The official statement emphasized that users’ deposited assets remain secure and under users’ sole control, and this announcement aims to remind users to arrange orderly withdrawals in advance.
ZachXBT issued a community alert on X, warning that the centralized exchange AscendEX (formerly Bitmax) has recently been reported to experience delays in processing user withdrawals—some withdrawal requests may take several days or even weeks. ZachXBT noted that ETH, USDT, SOL, and other major high-market-cap assets are held in relatively low amounts within known hot wallets flagged by Arkham and TRM, potentially indicating liquidity pressure facing the platform.
According to Hyperinsight monitoring, following a record-breaking earnings report that drove a sharp rally, Micron (MU) retreated amid heightened risk-off sentiment triggered by unexpectedly high PCE inflation data. Since last night’s peak of approximately $1,255, MU has declined about 9.6%, experiencing a sharp intraday dip; the overnight session extended the losses. Hyperliquid currently quotes MU at $1,128, down 6.9% over the past 24 hours.
According to Hyperinsight monitoring, MicroStrategy (MSTR), the Bitcoin treasury proxy stock, continues to face downward pressure. Since the company’s first Bitcoin sale this year—selling 32 BTC in late May to cover preferred stock dividends—MSTR’s share price has fallen 48% cumulatively. Over the past 24 hours alone, it dropped another 13.8%, trading at $84 on Hyperliquid—the lowest level in two years—and leading declines across the HIP-3 market. The company’s unrealized losses on its Bitcoin holdings have now exceeded $13 billion.
According to Hyperinsight monitoring, against the backdrop of elevated PCE inflation and broad-based pullbacks in tech stocks, BlackBerry (BB) reported Q1 revenue up 26% year-on-year—exceeding guidance—and raised its full-year outlook, standing out as a rare outperformer. The BB perpetual contract on the Hyperliquid platform surged 12.6% over the past 24 hours, currently trading at $10.28.