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Arkham: Bitcoin address linked to an Irish drug dealer who had been silent for 10 years transfers 500 BTC

According to on-chain data platform Arkham (@arkham), Bitcoin purchased by Irish drug trafficker Clifton Collins for approximately $30,000 between 2011 and 2012 is now valued at roughly $400 million. Collins had lost his private key and was imprisoned, leading many to believe these bitcoins were permanently lost. Around one month ago, 500 BTC—dormant for over a decade—moved on-chain for the first time; recently, another 500 BTC (valued at approximately $38 million) moved again on-chain, with part of the funds flowing into Binance’s cold wallet. It is currently speculated that Irish authorities may have intervened to recover the assets, though the ultimate destination remains unconfirmed.

Analyst: Retail BTC Inflows to Binance Hit All-Time Low, Averaging Just 314 Coins per Month

Analyst Darkfost posted on X platform, stating that the average monthly BTC deposits into Binance by retail investors (referring to addresses holding less than 1 BTC) have fallen to an all-time low, currently at just 314 BTC. This metric stood at around 1,800 BTC during the bear market phase of the current cycle and approximately 1,200 BTC during the first peak in March 2024. In comparison, the peak retail inflow in 2018 reached 5,400 BTC, and in 2021 it was 2,600 BTC. In January 2024, this figure was still around 1,000 BTC, representing a decline of more than threefold within two years. Darkfost noted that retail participation continues to decline, with some investors potentially exiting the market or shifting to indirect holdings such as spot BTC ETFs.

Binance to Suspend Moonbeam Token Deposits and Withdrawals on May 20 in Support of Network Upgrade

According to an official announcement from Odaily, Binance is expected to suspend token deposits and withdrawals on the Moonbeam (GLMR) network at 20:00 on May 20, 2026 (UTC+8) to support its network upgrade. The project team will conduct the network upgrade at block height 15,689,298 (estimated at 21:00 on May 20, 2026, UTC+8).

B.AI Officially Integrates with the Solana Ecosystem, Expanding Multi-Chain Coverage to Eight Major Public Blockchains

B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.

Analyst: Current market trading enthusiasm is much lower than the bottom of the bear market in December 2022

on-chain analyst Yujin posted on Platform X, stating that current market trading enthusiasm is now much lower than it was at the bottom of the last bear market (December 2022). This is despite the fact that prices of several major cryptocurrencies are still far higher than they were at that time.BTC: At the last cycle bottom, the average daily trading volume for BTC/USDT on Binance was around $20 billion. Now it is only about $5 billion. The current price is 4.5 times higher than the previous bottom. The correction magnitude last cycle was -75%, while from the peak to now in this cycle, it is -38%.ETH: At the last cycle bottom, the average daily trading volume for ETH/USDT was around $4 billion. Now it is only about $2 billion. The current price is 1.7 times higher than the previous bottom. The correction magnitude last cycle was -75%, while from the peak to now in this cycle, it is -54%.BNB: At the last cycle bottom, the average daily trading volume for BNB/USDT was around $50 million. Now it is roughly at the same level. The current price is 2.7 times higher than the previous bottom. The correction magnitude last cycle was -65%, while from the peak to now in this cycle, it is -50%.

Binance Research: Four On-Chain Signals Point to Supply Contraction, BTC Selling Pressure Nearing Exhaustion

According to Binance Research (@BinanceResearch), four on-chain metrics currently converge to indicate a sustained tightening of Bitcoin supply and an exhaustion of selling pressure: ① Nearly 60% of BTC supply has remained unmoved for over one year, with the supply dormancy rate holding at a historical high; ② The SLRV ratio is deep in its historical bottom range, indicating long-term holders dominate supply while short-term speculators have largely exited the market; ③ Exchange BTC balances have declined from their COVID-era peak of 17.6% to the current 15.0%, with approximately 500,000 BTC permanently flowing out of exchanges—resulting in the available seller supply hitting a six-year low; ④ BTC short-term holder MVRV has remained persistently below 1.0 since November 2024, continuously eroding selling pressure; recently, it has rebounded above 1.0, signaling that short-term holders are beginning to rebuild unrealized profits. Binance Research believes this combination of signals closely aligns with historical cycle bottom characteristics.

A hacker organization has made over $14 million through token scams and X account hijackings

on-chain analyst Specter stated that the hijacking incidents of investor Keith Gill, Matt Furie, and WinRAR accounts on the X platform are all linked to the same hacker organization. This organization has accumulated over $14 million in profits by hijacking accounts to promote tokens and conducting cross-chain money laundering, with funds flowing through five chains: Solana, BNB Chain, Ethereum, Tron, and Hyperliquid.Specter claims the organization may also be connected to a $2.45 million wstETH phishing attack in 2024. The investigation found that hackers used compromised accounts to issue Pepe imitation tokens, incorporating a built-in 2% automatic fee mechanism to generate profits; related fund flows are associated with the bnbshare.fun platform and multiple Solana, Tron, and Ethereum addresses. Analysis also showed that several tokens (including USOR, VDOR, DROID, WCOR, UGOR) were used to inflate market caps before being dumped to zero.

“February BTC bottom-fisher whale” transferred 500 BTC to Binance one hour ago

According to on-chain analyst Yujin’s monitoring, a whale that accumulated 807 BTC (worth $54.59 million) at a bottom price of $67,646 in February chose to take profits one hour ago—transferring 500 BTC (worth $39.04 million) to Binance.

VanEck and Grayscale Submit BNB ETF Amendments on the Same Day

VanEck filed the fifth amendment to its BNB ETF registration statement with the U.S. Securities and Exchange Commission (SEC) on May 15. Grayscale also submitted the second amendment to the Grayscale BNB ETF prospectus on the same day.Bloomberg ETF analyst James Seyffart stated that the simultaneous submission of amended documents by both institutions indicates they are responding to SEC feedback and may be planning to advance product launches in the near term.James Seyffart also noted that BNB could become the next crypto asset to pass SEC review and potentially be listed in the United States. (The Block)

A certain investment fund transferred 5,480 ETH to Binance, with cumulative transfers exceeding 11,000 ETH in 2 days

Odaily报道 According to monitoring by on-chain analyst Ember, the suspected investment fund Gammafund address gammafund.eth (0xaB7...b698) transferred 5,480 ETH (worth $11.93 million) to Binance 15 minutes ago. Over the past two days, this address has cumulatively transferred 11,035 ETH (worth $24.46 million) to Binance, essentially selling all of the 11,215 ETH purchased at a price of $1,999 in March, realizing a profit of $2.4 million.

Multicoin Capital transferred 150,000 AAVE tokens, causing the price to drop 7%; Galaxy Digital subsequently repurchased 98,000 tokens at a lower price.

According to on-chain analyst Yujin (@EmberCN), Multicoin Capital transferred 150,000 AAVE tokens (approximately $14.91 million) yesterday morning via Galaxy Digital and BitGo to multiple centralized exchanges (CEXs), including Binance, OKX, Coinbase, and Bybit. Following this transfer, the AAVE price dropped approximately 7% from $99 to $92. Subsequently, Galaxy Digital withdrew 98,000 AAVE tokens (approximately $9.08 million) from those exchanges back to Multicoin Capital’s address, prompting a modest rebound in AAVE’s price to $93.

Analyst: ETH Still Faces Downside Risk, Unlikely to Break $2,400 in the Near Term

CryptoQuant analyst BorisD points out that Ethereum still faces obvious downside risks. The combination of rising exchange supply and continued ETF outflows could push prices down to around $1,700, representing a potential correction of about 20% from current levels. A breakout above $2,400 seems unlikely in the near term.Data shows that ETH reserves on exchanges like Binance have increased significantly recently, rising from approximately 3.36 million to 3.84 million between May 5 and May 9. This indicates more tokens are flowing into trading platforms, which is typically interpreted by the market as a signal of rising potential sell pressure. Meanwhile, U.S. spot Ethereum ETFs have seen net capital outflows for four consecutive trading days, totaling approximately $190 million, indicating weakening institutional demand at the margin.In terms of price, although ETH has rebounded about 40% from its local low, it encountered strong resistance near $2,400 before falling back to the $2,260 level, limiting short-term upward momentum. The CryptoQuant analyst notes that as exchange inflows accelerate, the price has failed to sustain its upward trend and instead retreated, suggesting the market may be in a phase where "absorption and distribution coexist."Technically, ETH has broken below the lower trendline of an ascending wedge structure (around $2,280). If this breakdown is confirmed, the pattern's measured move target points to around $1,725, corresponding to a potential decline of approximately 22% and coinciding with the macro low area from early February. Some analysts further believe that if the larger bear flag pattern continues, ETH could face the risk of dipping to $1,280.Overall, market sentiment is generally cautious, with a consensus that the current rebound is more likely a temporary move within a distribution process rather than a trend reversal signal. The risk of short-term volatility remains elevated. (Cointelegraph)

PeckShield: THORChain Suffers Attack, Losing Approximately $10 Million in Cryptocurrency Assets

According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain has been hacked, resulting in losses of approximately $10 million in crypto assets, including 36.75 BTC (around $3 million) and roughly $7 million in assets from BNB Chain, Ethereum, and Base.

OKX Plans to Join Korea Investment & Securities in Acquiring Approximately 20% Stake in Coinone

Odaily sources have revealed that OKX and Korea Investment & Securities are in discussions to each acquire about a 20% stake in Coinone. The specific investment strategy is likely structured around issuing new shares rather than selling existing ones, aiming to maximize capital inflow. This equity participation appears to be primarily a financial investment and will not alter Coinone's management control.Currently, Coinone's major shareholders include The One Group (34.30% stake), Com2uS Holdings [063080] (21.95% stake), CEO Cha Myung-hoon (19.14% stake), and Com2uS Plus (16.47% stake).Industry observers believe OKX may not limit itself to a simple financial investment in the future and could also seek to participate in management or gain substantive influence. If the acquisition is successful, this transaction would be the second time in history that a major overseas exchange has attempted to gain management control of a Korean won-based exchange, following Binance's acquisition of a stake in Streami (Gopax).

Binance LAB open interest reaches $57.5 million, with a maximum 24-hour drop of 50%

according to on-chain analyst Ai Yi's monitoring, LAB briefly fell below $3, with a maximum 24-hour drop of 50%, currently priced at $3.53. Binance LAB's open interest currently stands at $57.5 million, with the large trader long/short ratio at 37.94%:62.06% and the retail long/short ratio at 38.98%:61.02%. The proportion of long positions has slightly increased after the decline.

Garrett Jin buys 71,066 BNB worth approximately $48.22 million

According to on-chain analyst Onchain Lens (@OnchainLens), Garrett Jin (a Bitcoin OG ranked #10/#11) purchased 71,066 BNB from Binance, worth approximately $48.22 million. Onchain Lens data shows that within the past two weeks, Garrett Jin has deposited 577,896 ETH into Binance, valued at approximately $1.35 billion.

Multicoin Capital Reportedly Liquidates 150,000 AAVE Tokens for ~$14.91 Million

According to on-chain analyst Ember (@EmberCN), Multicoin Capital allegedly transferred 150,000 AAVE tokens (worth approximately $14.91 million) to Galaxy Digital and BitGo. Subsequently, these tokens were dispersed across centralized exchanges including Binance, OKX, Coinbase, and Bybit—potentially indicating an intent to sell. Previously, in November last year, Multicoin Capital accumulated 338,000 AAVE tokens at a price of $219 each. If sold at $99 per token, Multicoin Capital’s estimated loss on AAVE would exceed $40.56 million—a decline of roughly 55%.

ZachXBT: LAB Insider Deposits 226 Million Tokens to Exchange

ZachXBT posted on X platform, stating that the wallet (0xf09c) of the LAB lending contract borrower is the same wallet used for public buybacks, and the funds have flowed to an exchange suspected to be personally controlled by Vova. Since January 2026, co-founder Mark has publicly sought OTC buyers, offering loans with a 5% monthly interest, as well as OTC parcels with a 60% discount and a 5-month lock-up period.The funding source for the LAB team's multi-signature signer address (0xcEA...eBC9) is linked to an insider involved in the RIVER manipulation incident. This insider had previously received over $12 million worth of RIVER tokens to two CEX deposit addresses. Between March and April, the insider deposited 226 million LAB tokens to Bitget, and recently withdrew 100 million tokens. An unknown market maker may be operating through Chinese exchanges.He pointed out that the team, market makers, and OTC buyers possess inside information, placing retail investors at a disadvantage. He called on Bitget, Binance, and Gate.io to freeze the profits obtained by insiders and redistribute them to users.

Binance will remove 19 non-compliant tokens on May 14, 2026

According to an official announcement, based on a recent review, the following tokens do not meet the Binance Alpha standards and will be removed from the selected list on May 14, 2026 at 06:00 (UTC): PRAI, COMMON, PINGPONG, TAKER, JANITOR, GATA, KLINK, CORL, SWTCH, ARIAIP, LONG, ZKWASM, GORILLA, ECHO, LITKEY, FIR, GM, DELABS, DONKEY, WHY. After removal, users can still withdraw or sell these tokens through Binance Alpha or the Binance wallet.

Binance to Support Base Network Upgrade and Hard Fork

According to the official announcement, Binance will suspend token deposits and withdrawals on the Base network starting at 01:00 (UTC+8) on May 22, 2026, to support its network upgrade and hard fork. The project team plans to carry out the network upgrade and hard fork at 02:00 (UTC+8) on May 22, 2026.