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10-Day Net Outflow of $2.24 Billion: BlackRock Transfers 30,119 BTC and 161,800 ETH

According to Lookonchain monitoring, BlackRock recorded a net outflow of 30,119 BTC (worth $1.92 billion) and 161,800 ETH (worth $320 million) over the past 10 days.

A major whale opens a $20.8 million long BTC position; shortly after opening the position, it is only 0.7% away from liquidation.

According to Hyperinsight monitoring, under the influence of HYPE’s continuous afternoon decline, a Hyperliquid whale fully closed its long position in HYPE, incurring a loss of approximately $1.52 million. This long position had previously reached $18.42 million.

If BTC continues to rise to $64,700, three whales will face liquidation of $38 million in short positions.

According to Hyperinsight monitoring, among the largest whales currently holding short positions on Hyperliquid closest to the BTC liquidation price, the liquidation price for addresses holding $10 million is at $64,700. Additionally, two $1-million short positions opened today have liquidation prices near $64,500, and some addresses have stop-loss orders placed approximately $200 below their respective liquidation levels.

CryptoQuant Founder: Bitcoin OG Selling is a Process of Institutional Absorption, Next Uptrend Still Expected

Ki Young Ju, founder of CryptoQuant, posted on platform X stating that the selling by Bitcoin OGs and old miners is essentially a process of absorption by traditional U.S. financial institutional investors and ETFs. He disagrees with the view that "Bitcoin lacks liquidity and cannot rise," pointing out that the key to asset value lies in who holds it.He believes that the institutional investors now holding Bitcoin could form a stronger demand base. Although the cyberpunk value of Bitcoin may be somewhat diluted in this process, the next round of upward movement will still arrive. As an investor, he remains bullish on Bitcoin and advises holding with patience.

Yesterday, Bitcoin spot ETFs saw a net outflow of $397 million.

According to data from Trader T (@thepfund), Bitcoin spot ETFs saw net outflows of $397 million yesterday, including $342 million out of BlackRock’s IBIT and $54.26 million out of Fidelity’s FBTC; all other products experienced no flows that day. This marks the 13th consecutive trading day of net outflows for Bitcoin spot ETFs, bringing the cumulative outflow to $4.37 billion.

“Set 10 Big Goals First” Trader Exits BTC Long Position at Stop Loss, Maximum Loss May Reach $5.467 Million

according to monitoring by crypto analyst Ai Yi @ai_9684xtpa, trader Jason60704294 has closed his BTC long position at a stop loss near $66,000.Based on different position sizes, if his actual holding is the previously disclosed 281.789 BTC long position (valued at approximately $19.09 million), the loss from this trade is about $500,000; if his actual position is 3,076.88 BTC (valued at approximately $208 million), the stop-loss loss from this trade is approximately $5.467 million.

PeckShield: The stablecoin apxUSD, backed by STRC as collateral, has de-pegged, dropping to approximately $0.94.

According to on-chain analyst PeckShield (@PeckShieldAlert), as the BTC price fell to approximately $63,000, the stablecoin apxUSD—backed by STRC as collateral—de-pegged, with its current price dropping to around $0.94, a decline of roughly 4.6%.

1011 Insider Whale’s BTC Long Position Floating Loss Exceeds $17 Million

Odaily News, according to Onchain Lens monitoring, as the Bitcoin price fell below $63,000, the floating loss on the 5x BTC long position of whale Garrett Jin (the proxy of the “1011 Insider Whale”) has now exceeded $17 million.

BTC sales totaling approximately $166 million over the past day, Abraxas Capital continues to reduce its BTC holdings

according to on-chain analyst Yu Jin @EmberCN's monitoring, crypto asset management firm Abraxas Capital has sold a cumulative total of 2,469 BTC (approximately $166 million) over the past day or so, at an average price of approximately $67,210.Specifically, the firm transferred 1,469 BTC (approximately $98.45 million) to the Kraken exchange before withdrawing 22,710,000 USDC.

Abraxas Capital continues to reduce its BTC holdings, selling over 2,400 BTC in a single day

According to on-chain analyst EmberCN (@EmberCN), crypto asset management firm Abraxas Capital has sold a total of 2,469 BTC (approximately $166 million) over the past day and a half, at an average price of $67,210 per BTC. All transactions involved transferring BTC to Kraken and then withdrawing stablecoins. The most recent transaction involved transferring 1,469 BTC (approximately $98.45 million) to Kraken and withdrawing $22.71 million in USDC; the previous transaction occurred during last night’s market decline, when 1,000 BTC (approximately $67.49 million) were sold, followed by withdrawals of approximately $52.72 million in stablecoins (USDC + USDT).

The 116.3 BTC moved by Mt. Gox two days ago has been transferred into the Bitstamp exchange as of yesterday.

According to on-chain analyst Yujin, the 116.3 BTC (worth $8.25 million) moved by Mt. Gox two days ago has all been transferred into the Bitstamp exchange as of yesterday.

Mt. Gox Transfers $8.25M BTC to Bitstamp

Odaily reports, according to monitoring by crypto analyst EmberCN (余烬), the 116.3 BTC transferred by Mt. Gox two days ago were all moved into the Bitstamp exchange yesterday, valued at approximately $8.25 million.Previously, a Mt. Gox-related address had transferred 10,423 BTC to a new address and moved 116.3 BTC to a hot wallet.

Whale "pension-usdt.eth" closes BTC short position and opens a new 3x leveraged short on 50,000 ETH

According to OnchainLens monitoring, the whale "pension-usdt.eth" has fully closed its Bitcoin short position, realizing a profit of $3.56 million. Subsequently, the whale opened a new 3x leveraged short position of 50,000 ETH, with an opening value of approximately $89 million. The position is currently showing an unrealized profit of over $4.5 million, bringing the total profit to over $39.6 million.

21 consecutive winning trades with total profit exceeding $36 million, pension-usdt.eth closes BTC short position for $3.32 million profit

according to Lookonchain monitoring, pension-usdt.eth has closed a short position of 1,400 BTC (worth $93.86 million) with a profit of $3.32 million. This trader previously achieved 21 consecutive winning trades with total profits exceeding $36 million, and subsequently turned to shorting 50,000 ETH (worth $92.68 million) with 3x leverage. The ETH short position is currently showing an unrealized profit of $1.07 million.

A whale purchased 401 BTC at an average price of $66,957, worth $26.86 million

According to Lookonchain monitoring, a whale purchased 401 BTC at an average price of $66,957, worth $26.86 million.Previously, on January 16, this whale bought 81 BTC at $95,423, worth $7.73 million, and later sold them on February 23 at $64,243, incurring a loss of $2.5 million.

Peter Schiff: If Bitcoin Drops Below $50,000, It Could Plunge to Under $20,000

: Bitcoin critic Peter Schiff posted on the X platform, stating that the current Bitcoin market is overly optimistic and still far from a true bottom. If Bitcoin falls below the $50,000 mark, the price could quickly drop further to under $20,000, thereby shaking the confidence of long-term holders and triggering larger-scale sell-offs.Peter Schiff also stated that the market needs to monitor whether the decline in Bitcoin could be a precursor to a broader adjustment in risk assets. If Bitcoin's decline is confined to the crypto market, it may be due to industry-specific factors. However, if it simultaneously impacts risk assets like stocks, it could signal the accumulation of deeper macroeconomic risks. In such a scenario, investors might shift back to gold, cash, and other traditional safe-haven assets.

Whale pension-usdt.eth’s 3x BTC short position has generated a floating profit of over $3.2 million, and the position is now being closed.

According to on-chain analyst Onchain Lens (@OnchainLens), as the market declined, the 3x BTC short position held by the whale “pension-usdt.eth” has generated a floating profit exceeding $3.2 million, and the whale has begun closing this position. Meanwhile, the whale has opened a new 3x ETH short position, and its size continues to increase.

TD Cowen Reaffirms Buy Rating for Strategy with $400 Price Target

Lance Vitanza, an analyst at TD Cowen, an investment bank with $15 billion in assets under management, reaffirmed a Buy rating for Strategy (MSTR), a Bitcoin treasury company, with a price target of $400.

A trader achieved 23 consecutive successful BTC trades over three days, accumulating $1.23 million in profits.

According to on-chain analytics platform Lookonchain (@lookonchain), a trader has won 23 consecutive BTC trades over the past three days, accumulating profits of $1.23 million. Subsequently, the trader opened a new 20x-leveraged short position on 1,040 BTC, with a position size of approximately $70 million. This position is currently at a loss of $874,000, and its liquidation price stands at $70,084.90.

Bitget CandyBomb: Trade BTC and ETH to Unlock 28,000 UNITAS

Bitget has launched a new edition of CandyBomb with a total prize pool of 28,000 UNITAS tokens. This campaign is exclusively for new futures trading users. Eligible users can earn up to 280 UNITAS tokens per person by completing net deposit and designated cryptocurrency futures trading tasks. Detailed rules are available on the official Bitget platform. Qualified users must click “Join Now” to register before participating. The campaign ends on June 9 at 18:00 (UTC+8).