News linked to both this project and an event.
According to Lookonchain monitoring, after a 7-year dormancy, address 0x0965 sold 27,585 ETH at an average price of $1,625 over the past two days, with a value of $44.84 million, realizing a profit of over $39 million. The whale's profit had once exceeded $130 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address “0x096” — dormant for seven years — sold its entire 27,585 ETH holdings at an average price of $1,625, receiving $44.84 million in USDS and realizing a profit of $39.1 million. The whale originally purchased 27,586.48 ETH for $5.72 million. This sale was executed in batches: it first sold 1,100 ETH on June 23, cashing out $1.9 million.
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net outflow of $82.18 million, primarily driven by BlackRock’s ETHA, which saw a single-day outflow of $86.07 million; Fidelity’s FETH recorded an inflow of $15.69 million, partially offsetting the outflow. On June 24, the outflow narrowed to $30.21 million, with Fidelity’s FETH experiencing an outflow of $15.69 million, BlackRock’s ETHA an outflow of $8.07 million, and Grayscale Mini ETH an outflow of $6.47 million; all other products registered zero net flow that day, while only BlackRock’s staking-version ETHB recorded a negligible inflow of $20,000.
10x Research stated on X platform that Ethereum is currently at the $1,600 support level. If this support is lost, the next target is $1,200, a price level seen since the FTX collapse. Ethereum (ETH-USDT) is trading below the 7-day moving average, indicating a bearish trend; it is also below the 30-day moving average, with a weekly decline of 7.4%. Ethereum executed a major restructuring, laying off 20% of its staff, which triggered a significant price drop. Warnings of a funding crisis following the expiration of key developer incentive plans further dampened market sentiment.The spot Ethereum ETF continues to see net outflows alongside weak institutional demand, severely constraining upward market momentum. On-chain data shows asset accumulation at multi-year lows and a rising transaction failure rate, signaling cooling network demand. The news calendar is relatively light this week, with the dominant price factors remaining macro headwinds: the Federal Reserve’s hawkish stance, a strengthening US dollar, and stock market volatility.
Odaily Odaily News According to on-chain analyst Ai Yi's monitoring, the Hyperliquid whale (0xcD4...4D6), who previously profited $13.68 million by shorting 16 altcoins, deposited 6,855.13 ETH (worth $11.02 million) into Binance five hours ago during a market rebound, likely for sale. This ETH was accumulated between February and March of this year at an average price of $1,991. If sold, it would incur a loss of $2.625 million.
Odaily reports, according to on-chain analyst Yujin's monitoring, a whale address that participated in the BAT ICO 9 years ago and profited $23.77 million has awakened after 6 years of dormancy, starting to sell ETH two days ago. As of now, the address has sold 12,586 ETH over two days, converting it into 20.59 million USDS at an average price of $1,636.This address participated in the BAT ICO in May 2017, spending 17,789 ETH ($4.12 million) to receive an allocation of 113.8 million BAT, at an ICO price of $0.036. Over the following two and a half years, the address gradually sold its BAT holdings through on-chain transactions and Binance at an average price of $0.245, realizing a profit of $23.77 million. Among these, 35 million BAT were sold on-chain, converted into 27,586 ETH. The related ETH remained untouched for a long period until it started selling two days ago. Currently, the address still holds 15,000 ETH (valued at $24.29 million).
According to monitoring by on-chain analyst Ai Yi, a whale (0xa5b0...1d41) added $8 million in margin early this morning. The entity currently holds a long position of 120,000 ETH, with an unrealized loss exceeding $77.047 million.This entity is linked to four addresses, with liquidation prices of $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively, while the entry price was approximately $2,265. There are still over 6 million USDC available on-chain to be used as margin.
According to on-chain analyst Yu Jin's monitoring, whale address 0xbilly liquidated 2,409 ETH (worth $3.78 million) at a price of $1,569.5 early this morning, incurring a loss of $220,000. The address had purchased this ETH one day prior at $1,660.2, with an acquisition cost of 4 million USDC.This address previously bought 7,768.5 ETH at $2,254 in March, valued at $17.51 million, and was forced to sell at a loss of $800,000 when the price dropped four days later.
According to on-chain analyst Onchain Lens (@OnchainLens), “Brother Machi” had his 25x leveraged long ETH position fully liquidated, resulting in a loss of $1.9 million. Notably, Machi immediately opened a new 25x leveraged long ETH position after the liquidation, bringing his cumulative losses to over $35.4 million.
According to on-chain analyst Ai Yi's monitoring, an address opened a long position on 21,000 ETH with 18x leverage yesterday, worth approximately $34.61 million. It currently faces a floating loss of $1.696 million, with an entry price of $1,728.5 and a liquidation price of $1,590.1.
Ink, an Ethereum Layer 2 network incubated by Kraken, has reached a multi-year infrastructure agreement with Optimism, upgrading to OP Enterprise Fully Managed.Under the agreement, Optimism will be responsible for running Ink's production infrastructure, while the Ink Foundation will focus on ecosystem growth and new financial products. Additionally, Ink will serve as a deep design partner for OP Enterprise, jointly advancing roadmap plans including programmable block construction, one-day Ethereum withdrawals, and sequencer-level compliance tools.Currently, applications built on the Ink network generate nearly $40 million in annual revenue. This partnership makes Ink another exchange-related blockchain network to join the fully managed layer service, following Bitpanda's Vision Chain. (The Block)
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address “0xEe0” has again withdrawn 40,000 HYPE tokens (approximately $2.48 million) from Gate. Its current total holdings stand at 537,200 HYPE tokens, valued at approximately $33.41 million—indicating a clear trend of continued accumulation. Additionally, BlackRock deposited 2,400 BTC (approximately $149.6 million) and 38,337 ETH (approximately $63.38 million) into Coinbase, totaling roughly $213 million.
according to Lookonchain monitoring, a certain whale is shifting from ETH to HYPE. Two weeks ago, the whale sold all 3,065 ETH for $5.92 million, incurring a loss of $380,000. Over the past two days, the whale has purchased another 100,392 HYPE, worth $6.69 million. They currently hold 497,212 HYPE, valued at $30.93 million, with an unrealized profit of $8 million.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), Wang Chun, co-founder of F2Pool, withdrew 50.5 WBTC—worth approximately $3.17 million—from Binance one hour ago. Since June 18, this address has withdrawn a total of 12,282.9 ETH and 475.87 WBTC over the past week, with a combined value of approximately $50.715 million; the average withdrawal prices were $1,696.41 per ETH and $62,788 per WBTC.
according to on-chain analyst Ai Yi's monitoring, a new address withdrew 23,000 ETH (valued at $38.22 million) from Kraken 5 hours ago. The withdrawal price was $1,661.94, and it currently shows an unrealized profit of $207,000.
According to on-chain analyst Onchain Lens (@OnchainLens), two newly created wallets withdrew 35,138 ETH from BitGo and Kraken, valued at approximately $58.39 million at current prices; the associated addresses are highly likely affiliated with Bitmine.
According to on-chain analyst Onchain Lens (@OnchainLens), an a16z-related wallet has again withdrawn 12,780 ETH from Binance, valued at approximately $21.21 million. In total, this wallet has now transferred 25,560 ETH—worth roughly $42.3 million—out of Binance; the related funds have subsequently been moved to a new wallet address.
Bitcoin further declined toward $62,000 on Tuesday, continuing its weakvolatility amid a sixth consecutive week of spot ETF outflows, a hawkish shift in macro interest rate expectations, and pressure from quarter-end options expiration. Ethereum fell below $1,700 on the same day, with both BTC and ETH retreating nearly 20% over the past 30 days.This week's market pressure primarily stems from two key factors. First, the Federal Reserve maintained interest rates at 3.50% to 3.75% during the June 18 FOMC meeting, but the statement noticeably reduced dovish language, and the dot plot shifted from previously hinting at rate cuts to suggesting rate hikes. Among the 18 officials, 9 now expect at least one rate hike this year, and the probability of a December rate hike has significantly increased compared to a month ago.Second, geopolitical risks have once again disrupted the market. The previous expectation of a US-Iran ceasefire had pushed Bitcoin above $67,000, but the situation broke down during the signing ceremony on June 19, with Iran withdrawing from negotiations. Due to the crypto market's 24/7 trading, Bitcoin was the first to reflect this shock.Additionally, Deribit is set to see approximately $10.6 billion in options expire on June 26, further intensifying the quarter-end market观望 sentiment. Analysts believe that current leverage has been largely cleared, and market positioning is defensive. However, the next directional move still depends on Thursday's PCE inflation data and whether spot ETF fund flows can turn positive again.
According to on-chain analyst Ember monitoring, Hyperliquid's largest long position, held across 7 addresses, amounts to $415 million in long contracts, currently facing an unrealized loss of $91.46 million.The position includes 120,000 ETH ($271 million) and 2,000 BTC ($144 million), with an entry price of $2,261 for ETH and $72,134 for BTC. The actual leverage ratio is not excessively high; the liquidation price for ETH is approximately $1,160, and for BTC, around $47,000.
According to Wintermute’s market weekly report, a significant macroeconomic shift occurred during the week ending June 22: The U.S. Federal Reserve held its benchmark interest rate steady at 3.50%–3.75%, but its statement adopted markedly tighter language—removing all references to accommodative policy. The median dot-plot projection rose from 3.4% to 3.8%, and 17 of the 18 FOMC members assessed inflation risks as skewed upward. The probability of a December rate hike surged from roughly 24% one month earlier to approximately 77%. Meanwhile, the Iran nuclear deal—originally scheduled for signing on June 19—collapsed following Israeli airstrikes on Lebanon, prompting Iran to withdraw from negotiations. Qatar is now attempting to extend talks until the end of June. With U.S. equity markets closed for Juneteenth, they failed to react promptly; crypto markets bore the brunt first—BTC peaked near $67,000 midweek before retreating to around $62,000, posting a weekly decline of 3.8%; ETH once again fell below $2,000, dropping into the mid-$1,700 range, down 1.2% for the week; over the weekend, approximately $600 million in long positions were liquidated, while less than $90 million in short positions were cleared—highlighting persistent leverage imbalance. Wintermute noted that the narrative of forced selling by “Strategy” players has dissipated (net BTC purchases totaled 1,587 BTC between June 8–14), yet marginal demand from both ETFs and Strategy participants has clearly weakened compared to prior periods. Capital inflow channels remain unopened, and the market is stabilizing primarily under light positioning and low leverage.