News linked to both this project and an event.
According to monitoring by on-chain analyst Ember, the "private key leak" has allowed the minting and dumping of H to continue for 13 hours. The so-called "hacker" is still able to mint H on the BSC chain and sell it off, draining every last cent from the pools. The "hacker" has minted 300 million H and sold a total of approximately 450 million H, cashing out $34 million (ETH+BNB). The H pool on BSC has been drained to just $13 in liquidity, and the price of H has plummeted 99.9% to $0.0009. Meanwhile, the perpetual contract price on CEX stands at $0.09, a 100x difference. In essence, they have de-pegged into two unrelated tokens.
According to Trader T (@thepfund), yesterday’s net inflow into Ethereum spot ETFs amounted to $68.17 million.
According to on-chain analyst Ember Monitoring, 7 wallets have sold 249 million H on-chain in the past 7 hours, cashing out $31.3 million (including 17,800 ETH and 2,715 BNB). The tokens sold mainly originated from unlocks. H has dropped 83% in price over the past 7 hours due to large-scale selling.
According to Odaily, on-chain analyst Ai Yi reported that over the past 23 hours, a whale has added 366.65 WBTC on-chain at an average price of $63,540.98, spending approximately $23.29 million. Since yesterday, the whale has accumulated a total position of 525.22 WBTC (approximately $33.29 million) and 31,065.58 ETH (approximately $49.85 million). The current total holdings of BTC and ETH now exceed $142 million.
Odaily reports, according to on-chain analyst Ember's monitoring, a whale shorting ETH via lending continues to short another 7,000 ETH, worth $11.83 million. Currently, the whale has deposited $132 million in stablecoins as collateral on Aave, borrowed 35,000 ETH and transferred them to Binance, worth $58.51 million, at a price of $1,672.
Odaily News, June 9th — BitMEX co-founder Arthur Hayes stated in his latest article "Reality Test" that if oil prices continue to rise due to the US-Iran conflict, it could trigger a collapse of the AI stock bubble and drag the entire crypto market down.Hayes said that if traffic restrictions in the Strait of Hormuz persist deep into the second quarter, spot prices for hydrocarbons and other key commodities could rise in the third quarter. If oil prices continue to climb and inflationary pressures impact the US midterm elections, Trump might pivot to a tough stance targeting data center construction, AI regulation, and taxation. Hayes believes the market could anticipate Trump limiting AI capital expenditure and taxing AI companies, thereby triggering the burst of the AI stock bubble.Hayes also noted that since November 2022, the scale of AI-related debt issuance has been approximately $1.5 trillion, and US M2 has increased by roughly the same amount during the same period. He believes the three factors that could pop the AI bubble include rising energy costs, the market's inability to absorb three major AI-related IPOs — namely SpaceX, Anthropic, and OpenAI — and Trump's shift to opposing AI. In terms of portfolio, Hayes stated that Maelstrom's stock portfolio holds significant positions in US-listed energy producers; he has sold AI-related stocks and offloaded non-core crypto assets, having dumped HYPE, NEAR, and WLD last week, as well as selling ZEC due to the Orchard Pool vulnerability. He still holds Bitcoin and ETH and will execute tactical short trades via derivatives.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale has been continuously depositing USDC and USDT into Aave V3 to short ETH, having deposited a total of $132.16 million worth of USDC and USDT. The whale then borrowed 35,001 ETH and transferred them to Binance for sale.
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 25,000 ETH from Kraken, valued at approximately $42.03 million. This wallet may belong to Bitmine.
in April this year, KelpDAO's LayerZero bridge was exploited in a $292 million vulnerability attack, triggering an $8.45 billion deposit run on Aave within 48 hours, marking the largest capital outflow event in decentralized finance (DeFi) history. Aave founder Stani Kulechov stated that the design of Aave V3 withstood the market test, demonstrating the network's "resilience." However, independent data indicates that Aave's survival primarily relied on $300 million in emergency rescue, including a 25,000 ETH guarantee from the Aave DAO and a personal injection of 5,000 ETH (approximately $8.4 million) by Kulechov.Kulechov attributed the vulnerability to third-party infrastructure rather than core smart contracts. However, analysts pointed out that this incident exposed deficiencies in Aave's risk architecture and insurance mechanisms, leading the platform to incur significant bad debt (approximately $123.7 million in wETH). To prevent future bridge failures from triggering systemic bank runs, Aave V4 will adopt a modular "hub-and-spoke" architecture, enabling local risk auto-adjustment and collateral freezing. (CoinDesk)
according to Onchain Lens monitoring, the whale "nemorino.eth" bought 6,329 ETH at an average price of $1,692, worth approximately $10.71 million.
According to Lookonchain monitoring, US Bitcoin ETFs saw a net outflow of 4,889 BTC today, valued at $312 million, with a 7-day net outflow of 26,100 BTC, worth $1.66 billion; Ethereum ETFs saw a net outflow of 8,426 ETH today, valued at $14.2 million, with a 7-day net outflow of 97,500 ETH, worth $164 million.
According to Lookonchain monitoring, a whale borrowed 18,000 ETH (worth $29.83 million) from Aave over the past two days and deposited it into Binance. The whale is shorting ETH by borrowing and selling ETH.
: According to on-chain analyst Yujin's monitoring, last week, Bitcoin treasury company Strategy (MSTR) purchased 1,550 BTC ($101 million) at a price of approximately $65,332. They currently hold a total of 845,256 BTC ($53.251 billion), with an average cost price of $75,680, resulting in an unrealized loss of $10.718 billion (-16.7%).Ethereum treasury company Bitmine (BMNR) purchased 126,971 ETH ($227 million) last week at a price of approximately $1,788. They currently hold a total of 5,543,872 ETH ($9.286 billion), with an average cost price of $3,446, resulting in an unrealized loss of $9.818 billion (-51.4%).
According to on-chain analyst Ai Yi's monitoring, a giant Ethereum whale who built a position near the market top is being forced to liquidate at a loss, with an estimated loss of $20.05 million. Address 0x691…5FfF2 deposited WBTC and ETH worth $15.21 million (80 WBTC + 6100 ETH) to Binance 4 hours ago, suspected to be liquidating at a loss. These tokens were purchased when the market was at its peak in mid-October last year, and the assets have now shrunk by 44%.
According to BIT’s official Chinese-language account (@BITofficial_CN) market recap, the crypto market as a whole faced pressure last week. BTC declined from approximately $73,400 on June 1 to around $63,100 on Monday this week, with an intraday low of $61,400; ETH also fell in tandem to roughly $1,680. On the funding front, BTC spot ETFs recorded net outflows for 13 consecutive trading days, totaling approximately $4.4 billion in outflows. Compounded by whale selling and concerns over Mt. Gox wallet transfers, short-term selling pressure continued to intensify. As BTC approaches the critical support level of $60,000, the market posted an initial rebound within the past 24 hours. Going forward, key factors to monitor include whether ETF inflows resume, whether the $60,000 support level holds, and how this week’s CPI data impacts risk sentiment.
BIT's weekly market review indicates the crypto market continued its weakness last week. BTC fell from approximately $73,400 on June 1st to around $63,100 on Monday morning this week, dipping to about $61,400 during trading on June 4th. ETH faced similar pressure, dropping to around $1,680.BIT stated that the core factor behind this adjustment remains financial pressure. The BTC spot ETF experienced net outflows for 13 consecutive trading days, totaling approximately $4.4 billion. Meanwhile, whale sell-offs and expectations surrounding the transfer of Mt.Gox-related wallets further exacerbated market selling pressure.The report points out that as BTC approached the key support level of $60,000, the market has seen a preliminary rebound in the past 24 hours. Going forward, key areas to monitor include whether ETF capital continues to flow back, whether the $60,000 support level can hold, and the impact of this week's U.S. CPI data on market risk appetite.
according to Onchain Lens monitoring, an address associated with BlackRock transferred 3,300 BTC and 15,095 ETH to Coinbase, with a total value of approximately $234.4 million.Among them, the 3,300 BTC are valued at approximately $209.22 million, and the 15,095 ETH are valued at approximately $25.17 million. Onchain Lens stated that BlackRock may continue to transfer more assets to Coinbase in the future.
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.
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.