News linked to this event type.
Bitget has launched a new futures trading campaign, running from June 8 to June 15. During the campaign, new users can earn rewards ranging from 3 to 10 USDT by completing onboarding tasks—including KYC verification, first deposit, and placing their first futures trade. Additional tiered rewards become available once users meet specific futures trading volume thresholds, with a maximum individual reward of 598 USDT.
BIT tweeted that Strategy’s buying momentum may weaken. However, despite the market’s current widespread focus on Strategy in the crypto space, two principles remain paramount: “trade with the trend” and “follow the money.” When liquidity reverses, it typically signals a shift in the market environment—making premature bottom-fishing highly risky.
Odaily, Citrini analyst jukan posted on platform X, revealing that Bernstein is very optimistic about the pricing of HBM4 in 2027, anticipating that the price will rise to $53 per GB when Vera Rubin achieves volume shipments.
as the market begins to rebound, the 22-game winning streak trader pension-usdt.eth increased their ETH short position by 10,000 ETH, worth $16.8 million, 9 hours ago. Their total short position has now grown to 60,000 ETH, valued at $101 million. This trader has accumulated profits exceeding $45 million.
Monera Digital has released a recent trading review. The team adopted a phased position-building strategy, entering the market on three separate occasions: May 18, May 22, and May 25. The average entry price was $77,203, and as of press time, the current price is approximately $63,000, resulting in a strategy return of over 20%. The position remains short.This trade was supported by Monera Digital’s AI quantitative agent, which assisted in determining entry timing and position management. Combined with traders' assessment of the broader market conditions, the strategy achieved dual control over signal capture and risk management execution.
ZachXBT posted a message questioning BitMEX co-founder Arthur Hayes about how much exit liquidity he created by utilizing his fans over the past few days.Within two weeks, Arthur Hayes publicly promoted and then liquidated four tokens: NEAR, HYPE, ZEC, and WLD. In response, Arthur Hayes stated that he sold to willing buyers at specific prices and noted that this time he successfully achieved his trading goals. (cryptopolitan)
According to on-chain analytics platform Lookonchain (@lookonchain), a whale purchased 1,656 $BTC at an average price of $59,734 near a local low, for a total value of approximately $98.93 million, and transferred the related assets to Binance three hours ago.
According to Odaily, on-chain analyst EmberCN has reported that the Binance Life market maker (the Garrett Jin whale entity) continued to purchase 4.2 million Binance Life tokens on-chain over the past 24 hours, valued at $3.67 million. Its current on-chain holdings stand at 288 million Binance Life tokens, worth $236 million, representing 28.8% of the total supply. Of this, 61.09 million tokens, worth $42.77 million, were purchased in the last week at an average price of $0.7.
According to Onchain Lens monitoring, Ethereum OG (0xc1b...740e, 0xB4d...186a) previously sold 60,000 ETH at an average price of $2,106, worth $122.25 million, along with 9,442 wsETH, worth $23.99 million. Currently, this whale has bought back 57,339 ETH at an average price of $1,577, worth $90.41 million, and also purchased 361 WBTC at an average price of $63,120, worth $22.78 million, with purchases still ongoing.
According to on-chain analyst Onchain Lens (@OnchainLens), James Wynn closed his long positions in ETH and BTC for a profit, then opened a short position in BTC—only for that short position to be liquidated, wiping out all profits he had earned over the past six days.
: According to monitoring by on-chain analyst Ai Yi, a whale has accumulated purchases of 158.57 WBTC and 31,065.58 ETH via Cowswap in the past 24 hours, totaling approximately $59.85 million. The average cost prices were $63,060.32 and $1,604.7, respectively. The address still holds over $70 million in stablecoins on-chain that can be used to increase positions.
According to on-chain analytics platform Lookonchain (@lookonchain), Garrett Jin has closed his $ZEC short position, realizing a profit of approximately $11.24 million. Previous information indicated that this trade was a short position on $ZEC; the profit has now been realized following this closure.
According to Hyperbot data, as the ZEC price rebounded, the three-times leveraged ZEC short positions previously opened by Garrett Jin, the representative of the "1011 Insider Whale", have all been closed. He currently holds a five-times leveraged Bitcoin long position with a size of 1,268.33487 BTC and a liquidation price of $40,951. The current overall floating loss on the position is $17.925 million, with a return on investment of -114.01%.
on-chain analyst PlanB posted on Platform X, stating that despite not wanting to downplay Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio remains around 0.026, a level similar to March 2016. Ethereum did not experience a significant surge during the 2023/2024 crypto bull market, a pattern also seen in 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.
According to Onchain Lens monitoring, a whale deposited 34.74 million USDT into Aave V3, borrowed 9,000 ETH worth $14.7 million, and deposited it into Binance, apparently to short ETH.
"New Stock God" Serenity posted on X platform, reminding investors to pay attention to financing structures and the dynamics of outstanding shares, as these are crucial for investment returns, and provided examples:IREN: The financing method approaches infinite dilution, with each rebound met by selling pressure—essentially a "bad stock."NBIS: Up 153% year-to-date, thanks to an optimized financing structure (such as direct offerings, convertible bond combinations, etc.).CRWV: High debt interest; the company uses usurious loans for GPU financing, which erodes free cash flow over the long term.Serenity pointed out that if a company has strong fundamentals, one could consider going long after the original shareholding has been diluted to near zero. However, for equity value appreciation, one should stay away from companies with "toxic" financing structures or crushing debt. The risk is especially high for small-cap companies, such as $SLNH adding a $500 million ATM while its market cap is only $250 million; $BKKT continuously diluting stock for executive compensation. Essentially, these companies are transferring investor funds to the enterprise, masked by media hype or influencer promotion.Serenity emphasized that investors must carefully analyze equity structure, dilution risk, and hidden costs when screening targets, to avoid focusing solely on profits while seeing their actual equity shrink.
On-chain investigator ZachXBT stated that JuCoin, an East Asian centralized exchange, has recently been reported by multiple users to have experienced abnormal withdrawal issues over the past week. Analysis indicates that in its Proof of Reserves published on X, JuCoin self-reported total reserves of approximately $511 million—most of which consist of USDC and USDT issued on its proprietary blockchain, JuChain—leaving the actual backing unclear.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has deposited 10,570 ETH—worth approximately $17.32 million—into Spark, then borrowed 30 million USDS via a looping lending strategy and used the proceeds to purchase 14,730 wstETH, equivalent to roughly 18,250 ETH.
according to on-chain analyst EmberCN's monitoring, 15 minutes ago, a whale on-chain borrowed 30 million USDS from Spark via recursive lending, and then used it to buy 18,212 ETH at an average price of $1,647.
Odaily Odaily News According to on-chain analyst EmberCN, BNBChain Life, which has surged 20x in two months, may be controlled by Garrett Jin – the whale entity that converted tens of thousands of BTC into over 900,000 ETH last year and suffered a $230 million loss from a long position liquidation on Hyperliquid this February.1. From February to recent days, an address cluster has accumulated 284 million BNBChain Life tokens ($237 million) through Binance withdrawals and on-chain purchases. This represents 28.4% of the total BNBChain Life supply.Including holdings on CEX, they likely control a significant proportion of BNBChain Life. The token has also surged 20x during these months ($0.04 → $0.85).2. Intersection with the Garrett Jin whale entity: Shared deposit addresses.- Multiple addresses that withdrew large amounts of BNBChain Life from Binance shared a Binance deposit address with the Garrett Jin whale entity six months ago. Addresses that have been heavily buying BNBChain Life on-chain in the past five days shared a Bybit deposit address with the Garrett Jin whale entity.Therefore, BNBChain Life is highly likely being manipulated by the Garrett Jin whale entity.◎The Garrett Jin whale entity is the prominent entity that held 100,000 BTC last year, managed by Garrett Jin.◎Last year, via Hyperliquid, it swapped tens of thousands of BTC for over 900,000 ETH at prices above $3,500.◎This February, the entity opened a long position of over 200,000 ETH on Hyperliquid, ultimately resulting in a $230 million liquidation loss.◎In May, when ETH was around $2,350, they transferred 577,000 ETH ($1.351 billion) into Binance, after which ETH continued to decline.