News linked to both this project and an event.
the U.S. SEC stated on Tuesday that it is publicly seeking comments on the regulatory approach for "novel ETFs," evaluating whether existing fund registration and listing processes need adjustments. This review comes amid the rapid expansion of crypto ETFs and an increase in applications for prediction market-related ETFs.SEC Chairman Paul Atkins said the regulator wants to hear market opinions to ensure that the U.S. ETF market can effectively serve investors while continuing to grow and innovate. Since Atkins took over as SEC Chairman in April 2025, the SEC has approved multiple crypto ETFs beyond Bitcoin and Ethereum, including products tracking assets like SOL and DOGE.Currently, market attention is shifting towards prediction market ETFs linked to political and economic outcomes. The SEC has not yet approved such funds for listing and trading and has delayed several related applications. Atkins previously stated that the SEC will evaluate these products in a "transparent and prudent" manner.In this request for comment, the SEC is asking whether a standardized listing framework should be established for ETFs meeting specific criteria and whether certain novel ETFs need to register as investment companies. TD Cowen analysts believe that this request for comment could potentially lead to rule changes as early as 2027, allowing the SEC to permit a wider range of ETF types, including products based on event contracts, crypto assets, and single-stock strategies. (The Block)
Ansem posted on X, stating that his past judgments regarding celebrity participation in crypto projects were overly idealistic. He had assumed they would not "rug" millions of supporters, but this assumption has been proven wrong by reality, and he stated he will not make the same judgment error in the future.However, Ansem emphasized that he is not a celebrity himself and has no intention of exiting a project improperly. He believes that Meme and narrative-based tokens may still play a "net positive" role in the crypto market, including attracting new users into the industry, providing speculative liquidity for the market, and reactivating market sentiment during bear market bottoms.Using Dogecoin and Bonk as examples, he stated that such assets have brought large-scale user adoption and wealth effects in different cycles. Dogecoin's market cap once reached $11 billion, while Bonk helped revive sentiment within the Solana ecosystem during the低迷 period following the FTX collapse.Ansem also mentioned that he entered the crypto industry in 2017, quit his job as a software engineer in 2021, and is currently co-founding the trading application BullpenFi while hosting the podcast project MarketBubble. He noted that he has participated in discussions on multiple Meme coins in the past, but often encountered anonymous accounts using liquidity structures to front-run and then "dump" on the opposite side, making him a tool for attention. He emphasized that his current project is the first time he is participating with "control over the majority of the token supply" and stated that he will attempt to find a balance between market attention and industry building.
blockchain analytics platform Bubblemaps released an investigation report on the Solana Meme token LIBRA. On February 14, 2025, after Argentine President Javier Milei publicly supported the launch of LIBRA, the token's market cap briefly reached approximately $4 billion in less than two days before rapidly crashing, resulting in investor losses exceeding $250 million. The incident has been dubbed "Cryptogate."Bubblemaps stated that multiple abnormal signals emerged within the first hour of LIBRA's launch:82% of the token supply was concentrated in a single wallet cluster, a stark deviation from typical Meme token issuance patterns;No tokenomics information was provided, with no details on lock-ups, fund allocation, or roadmap disclosed;Abnormally high liquidity pool fees were generated, with over $25 million in fees accumulating within the first hour of trading, far exceeding normal retail trading levels.The investigation revealed that the deployer did not directly dump $LIBRA on the open market. Instead, they added a one-sided liquidity pool containing only $LIBRA on Meteora while simultaneously withdrawing USDC and SOL from the original pool, enabling low-slippage fund transfers. Bubblemaps noted that, by the time the public warning was issued, the team had already extracted approximately $87 million in assets through this mechanism. Subsequently, Bubblemaps discovered a financial link between LIBRA and another controversial token, $MELANIA. Through on-chain evidence such as cross-chain transfers and overlapping exchange deposit addresses, analytic firms suggest both projects may be operated by the same team, which has been traced back to Kelsier Ventures and its head, Hayden Davis.The report indicates that this team has subsequently been linked to multiple Meme token projects, including $HOOD, $TRUST, $KACY, and $VIBES. Their common pattern includes: holding a large concentration of tokens during the deployment phase, using multiple wallets to front-run purchases, rapidly inflating market cap, and then exiting to cash out.Bubblemaps stated that the uniqueness of the LIBRA incident lies not in its technical methods, but in securing the public endorsement of Javier Milei, which amplified a routine Meme token operation into a globally watched event. The firm believes that indicators such as wallet cluster analysis, supply concentration, and on-chain fund flows had already flashed risk signals early on, and it will continue to monitor related address activity in the future.
according to Onchain Lens monitoring, a whale has fully closed its SOL short position, realizing losses exceeding $4.84 million. Overall, the whale's losses have surpassed $7.7 million.
according to on-chain analyst Yu Jin's monitoring, a whale who bought and sold 234,900 SOL 6 days ago, making a profit of $513,000, spent 17.068 million USDC to buy 235,200 SOL an hour ago. The purchase price was $72.6, the same as their liquidation price 6 days ago.
According to Lookonchain monitoring, a whale began buying PUMP after more than a year of inactivity, spending 5,000 SOL (worth $358,000) to purchase 242.66 million PUMP tokens. Over a year ago, the whale bought 10,957 SOL at $237 each, worth $2.6 million, and staked them. Despite receiving 1,206 SOL in staking rewards, the position is still suffering a loss of over $1.7 million, a decline of 66%, due to the price drop.
According to Lookonchain monitoring, trader 2M2vLX turned $4,050 into $539,000 in 10 days, achieving a return of 135 times. Ten days ago, the trader spent 56.4 SOL to purchase 25.99 million ANSEM for $4,050. Today, after ANSEM's price increased, the trader sold all 25.99 million ANSEM for 7,649 SOL, worth $539,000, locking in a profit of 7,593 SOL, valued at $535,000.
Odaily Odaily News Trader Ansem stated on platform X that there are currently enough high-quality tokens on the market, so he has no immediate plans to issue a personal token but will airdrop the creator fees allocated to his Pump.fun personal page.Ansem stated that users who retweet the relevant post, follow his Pump.fun page, and comment with their own Pump.fun profile will have the opportunity to participate in a weekly random airdrop.Additionally, Ansem revealed that his creator fee share alone over the past week was approximately $200,000. He believes that using this portion of income for airdrops could replicate the market stimulus effect of the Jito airdrop in 2023 and could potentially serve as a catalyst to ignite a new bull run for Solana. However, he also pointed out that Pump.fun still needs to address the user experience issue regarding batch claims for airdrops.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale who previously shorted BTC, ETH, and SOL with 20x leverage over the past four days—earning $4.4 million—has re-entered the market after closing that position, opening new 20x-leveraged short positions: 912.9 BTC (approximately $54.55 million) and 10,025 ETH (approximately $15.65 million), totaling a short exposure exceeding $70 million.
According to Lookonchain monitoring, a whale who previously shorted Bitcoin, Ethereum, and Solana with 20x leverage has fully closed all positions after holding for 4 days, accumulating a profit of approximately $4.4 million. Subsequently, the address quickly re-entered the market to establish new high-leverage short positions: shorting 912.9 BTC (approximately $54.55 million); shorting 10,025 ETH (approximately $15.65 million).
ZachXBT issued a community alert on X, warning that the centralized exchange AscendEX (formerly Bitmax) has recently been reported to experience delays in processing user withdrawals—some withdrawal requests may take several days or even weeks. ZachXBT noted that ETH, USDT, SOL, and other major high-market-cap assets are held in relatively low amounts within known hot wallets flagged by Arkham and TRM, potentially indicating liquidity pressure facing the platform.
well-known trader Ansem posted on X: "Solana has bottomed. I'm putting it out there now. Everyone is extremely bearish on SOL right now, just like when it dropped to $8 in 2023. I believe buying SOL at this current level, with a holding period of 6 months or more in mind, will be a great trade."
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address “0x913” has increased its 20x-leveraged short position in SOL to 624,680 tokens—worth approximately $43.4 million at current prices—with a liquidation price of $82.84.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0x9137 opened a short position on 554,680 SOL tokens today with 20x leverage, amounting to a bet of approximately $38.15 million.
according to Onchain Lens monitoring, over the past 24 hours, a whale has opened a short position of 554,700 SOL with 20x leverage, valued at $38.14 million. The whale also holds a short position of 2,577.62 ETH with 11x leverage.
According to Onchain Lens monitoring, a whale opened a combined long position worth approximately $24.34 million, including a 20x leveraged long position on 225,004 SOL and a 25x leveraged long position on 4,723 ETH.
According to the official announcement, Bybit Spot has launched Solstice (SLX/USDT) on its spot market at 10:00 AM UTC on June 22, and deposits are now open. Meanwhile, SLX has been added to Bybit’s Token Splash trading competition, where eligible users can compete for a prize pool of up to 1,000,000 SLX tokens. Solstice is a decentralized finance (DeFi) protocol built on the Solana ecosystem, positioned as the “yield layer” on-chain. The project aims to combine institutional-grade yield strategies from traditional finance (TradFi) with blockchain efficiency, enabling everyday users to participate in sophisticated on-chain fund management.
According to monitoring by Ai Yi @ai_9684xtpa, the address 0xaea…c2416 is taking 20x leveraged short positions on approximately $48.78 million worth of BTC, SOL, and ETH.The BTC short position consists of 430.63 coins, valued at $27.83 million, with an opening price of $63,849 and an unrealized loss of $345,000. The SOL short position consists of 181,245.04 coins, valued at $13.48 million, with an opening price of $73.351 and an unrealized loss of $197,000. The ETH short position consists of 4,280.35 coins, valued at $7.46 million, with an opening price and an unrealized loss of $102,000.The address currently has a cumulative unrealized loss of approximately $644,000.
According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet “0xaea” deposited 6.68 million USDC into HyperLiquid and subsequently opened a 20x leveraged short position, involving 430.64 BTC, 181,245 SOL, and 4,280 ETH. The notional values of these positions are approximately $27 million, $13 million, and $7 million, respectively.
According to Lookonchain monitoring, 7 hours ago, a whale spent 16.55 million USDC to purchase 234,898 SOL at an average price of $70.5.