News linked to both this project and an event.
Lookonchain posted on platform X, stating that as of the update on June 5, Bitcoin ETFs recorded a single-day net outflow of 196 BTC, worth $11.89 million, and a 7-day net outflow of 23,135 BTC, worth $1.41 billion; Ethereum ETFs recorded a single-day net inflow of 10,082 ETH, worth $16.04 million, and a 7-day net outflow of 117,037 ETH, worth $186.21 million.
Odaily Planet Daily reported that, according to Lookonchain, as the crypto market continues to decline, Tom Lee-backed Ethereum reserve company Bitmine's unrealized book losses have exceeded those of Strategy's Bitcoin holdings.Data shows that Bitmine currently holds 5,416,901 ETH, worth approximately $10.03 billion at current market prices, incurring unrealized losses of about $8.9 billion from the average purchase cost.Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, currently valued at approximately $56.26 billion, with book unrealized losses of about $7.6 billion.
According to Lookonchain monitoring, data updated on June 1st shows that Bitcoin ETFs recorded a single-day net outflow of 1,947 BTC, approximately $139.42 million, and a 7-day net outflow of 19,351 BTC, approximately $1.39 billion; Ethereum ETFs recorded a single-day net outflow of 27,948 ETH, approximately $55 million, and a 7-day net outflow of 125,288 ETH, approximately $246.57 million; Solana ETFs recorded a single-day net inflow of 15,902 SOL, approximately $1.27 million, and a 7-day net inflow of 35,374 SOL, approximately $2.82 million.
according to Lookonchain monitoring, a trader utilized a sniping strategy to participate in trading during the early stages of the ZEST token launch, paying approximately 536.88 BNB (around $343K) as a "bribe fee" to secure priority transaction execution rights.The trader then invested an additional approximately $600K in USDT to buy about 18.3 million ZEST during the opening phase, bringing the total cost to roughly $943K.Subsequently, the trader sold their entire position, recovering approximately $1.22 million, ultimately realizing a net profit of about $277K. This event once again highlights the prevalence of MEV (Maximal Extractable Value) and sniping activities in on-chain trading during the launch phase of new tokens.
According to Lookonchain monitoring, Roaring Kitty (@TheRoaringKitty) posted about RKC and then deleted the post, causing RKC to drop by 90%. The RKC developer has cashed out 6,260 SOL, worth $611,000. The developer used 10 wallets to spend 20 SOL to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and subsequently sold all of it for 5,071 SOL, worth $495,000. The developer also received 1,209 SOL in creator fees, worth $118,000.
According to on-chain analytics platform Lookonchain (@lookonchain), trader 0x5c26 is shorting CHIP, a token newly launched yesterday. Over the past three hours, this trader has established a short position of 28.85 million CHIP tokens, valued at approximately $2.43 million. Additionally, the trader holds 1,400 short positions in xyz:SP500, valued at approximately $9.94 million.