According to on-chain analyst @ai_9684xtpa, after the whale AguilaTrades made a profit of $112,000 from the short-selling blitz last night, he opened a 20x short order of 1000.82 BTC at around 01:50 this morning, worth $100 million, with an opening price of $99,616.6 and a liquidation price of $104,730. The current floating loss is $1.34 million.
According to Onchain Lens monitoring, two wallets associated with DiscusFish (@bitfish1) deposited 23,552 ETH (worth $52.56 million) into Binance, suspected to be prepared for sale.
Arthur Hayes, co-founder of BitMEX, wrote on the X platform: "The printing press continues to step up the printing of money in the name of 'national interest' (the Federal Reserve or other central banks may continue to issue more money to stimulate the economy). This weak momentum (the decline in the crypto market) will eventually pass, and Bitcoin's safe-haven status will be beyond doubt."
According to monitoring by The Data Nerd, two wallets (belonging to Abraxas Capital) have currently earned a total of approximately US$79.92 million in unrealized profits by shorting BTC, ETH, HYPE, SUI, and SOL.
According to Scam Sniffer, the front end of CoinTelegraph has been hacked, please operate with caution. It is reported that clicking on the CoinTelegraph website will pop up a pop-up window containing "airdrop" information and cannot be closed on the webpage.
Source: OKX is considering an IPO in the U.S.
According to Yueqi Yang, a reporter from The Information, crypto exchange OKX is considering an initial public offering (IPO) in the United States after returning to the U.S. market in April this year.
South Korean payment giant Kakao Pay officially launches Korean won stablecoin business layout
According to Seoul Economy, South Korean payment giant Kakao Pay has officially launched its Korean won stablecoin business layout and has submitted 18 combined trademark applications (such as KRWKP, KWRP, etc.) containing "KRW" and company logos to the Patent Office, covering virtual asset financial transactions, electronic transfers and intermediary services. This move is seen as a response to the legislative trend of South Korea's "Basic Law on Digital Assets", which intends to allow the private issuance of Korean won stablecoins. Industry analysis pointed out that Kakao Pay's move was to seize the opportunity in the stablecoin market. On the same day, the game company Nexthurs publicly stated that it would compete for the qualification of the first issuance of Korean won stablecoins. At present, the Korean government and enterprises are accelerating the process of digital asset compliance, and it is expected that competition in the local stablecoin market will become increasingly fierce.
Analysis: Bitcoin market dominance surges, but two indicators warn of a bear market
10x Research published an article on the X platform to analyze that although the current Bitcoin market dominance has soared to a new cycle high, two key indicators have flashed early signs of broader market pressure. Ethereum, which had previously risen due to ETF optimism, is now in trouble due to over-leveraged futures positions. At the same time, (market-based) liquidity, which is the invisible driving force of each rebound, is quietly drying up, and the often-overlooked stablecoin fund flows are also showing a clear trend as summer approaches. Some large buyers in the market are withdrawing, and key technical positions are also facing tests. Bitcoin and Ethereum have experienced a pullback as expected, both sending signals from bullish to bearish. The risk of Ethereum falling below $2,420, which was emphasized in the previous pre-weekend report, has become a reality, and there are two key indicators that are about to turn bearish on Bitcoin, which may have a wide impact on the entire crypto market.
Grant Cardone, CEO of real estate investment company Cardone Capital, said on the X platform last Saturday: "Cardone Capital has added approximately 1,000 bitcoins to its balance sheet, becoming the first comprehensive company to adopt a complete bitcoin strategy, combining real estate with bitcoin assets. The group owns 14,200 real estate units and more than 500,000 square feet of Class A office space, and expects to add another 3,000 bitcoins and 5,000 new real estate units this year."
According to Coinglass data, the cryptocurrency market had a total of $1.013 billion in liquidation in the past 24 hours, including $110 million in long positions and $903 million in short positions. The total amount of BTC liquidation was $304 million, and the total amount of ETH liquidation was $371 million.
Analysis: Bitcoin's fall below $100,000 may indicate risk aversion on Wall Street
According to CoinDesk, Bitcoin fell below $100,000 on Sunday, hitting its lowest level since May this year, as the market worried that Iran might block the Strait of Hormuz. XRP fell to its lowest level since early April, ETH fell to its level in early May, and SOL prices also fell sharply. The Strait of Hormuz is an important channel for global oil trade, carrying about 20% of the world's oil supply, which has led to a rise in risk aversion on Wall Street. JPMorgan Chase predicts that under the current circumstances, oil prices may soar to $120-130 per barrel, which may push the US inflation rate to 5%, the highest level since March 2023.
US Secretary of State: The United States is ready to talk with Iran on the 23rd
According to a report by CCTV quoted by Jinshi, US Secretary of State Rubio called for direct negotiations between the United States and Iran in an interview with US media on the 22nd local time, and said that the United States is ready to talk with Iran on the 23rd. Rubio reiterated that Iran can have a civilian nuclear program, but cannot enrich uranium. Rubio said that Iran rejected the US proposal and disappeared for 10 days before the US launched a military operation against it. Although Iran continues to send messages to interlocutors, Iran does not even talk directly to the United States.
According to the monitoring of the on-chain analyst Yu Jin, the Bitcoin whale @qwatio, known as the "Insider Brother", opened a short position with James Wynn last month. He basically lost all his money due to multiple liquidations, but now he has made a profit. A month ago (5/21), he opened a short position with James. After opening the position, the price of BTC rose all the way. The position of the insider brother was liquidated many times, and most of his positions were forced to close. Later, he added another position on 6/13, bringing the cost of opening the short position to $107,766. Now his short position has turned from loss to profit. Not only did he get back the money lost due to liquidation, but he also had a floating profit of $2.27 million. His current position: 40 times short 1111 BTC, the position is worth $110 million, the opening price is $107,766, and the liquidation price is $111,038.
A whale opened 19 long positions on HyperLiquid, and now has a floating loss of about $22 million
According to Onchain Lens, a whale opened 19 long positions on HyperLiquid, involving assets including SOL, ETH, HYPE, XRP, ADA, etc. Due to the short-term plunge in the crypto market, the whale now has a floating loss of approximately US$22 million.
According to Decrypt, Circle's stock price has quadrupled since its listing on the New York Stock Exchange, making it one of the strongest cryptocurrency IPOs in recent years. Analysts believe that this situation may prompt more crypto companies to follow suit. At least six cryptocurrency companies are currently actively preparing for IPOs, including: 1. FalconX: It is considering listing on the New York Stock Exchange as early as this year; 2. Gemini: It has submitted a confidential S-1 listing application to the U.S. Securities and Exchange Commission, but the issuance quantity and price range of Class A common stock have not yet been determined; 3. Bullish: Investment bank Jefferies may participate in its U.S. IPO; 4. Kraken: Preparing for an IPO in 2026; 5. Bithumb: Preparing for an IPO at the end of 2025; 6. Bitkub: Plans to list on the Stock Exchange of Thailand this year.
Iran's parliament approves closure of Strait of Hormuz
According to Jinshi, market sources said that the Iranian parliament approved the closure of the Strait of Hormuz, but the top security agency needs to make the final decision on the measure.
According to Token Unlocks data, BLAST, VENOM, SOON and other tokens will be unlocked in large amounts next week. Among them: Blast (BLAST) will unlock about 10.5 billion tokens at 10 pm Beijing time on June 26, which is 34.98% of the current circulation and worth about 22.5 million US dollars; Venom (VENOM) will unlock about 59.26 million tokens at 4 pm Beijing time on June 25, which is 2.84% of the current circulation and worth about 10 million US dollars; SOON (SOON) will unlock about 41.88 million tokens at 4:30 pm Beijing time on June 23, which is 22.41% of the current circulation and worth about 8.4 million US dollars; AltLayer (ALT) will unlock about 240 million tokens at 6 pm Beijing time on June 25, which is 6.83% of the current circulation and worth about 6.7 million US dollars; Undeads Games (UDS) will unlock approximately 2.15 million tokens at 8:00 a.m. on June 26th, Beijing time, accounting for 2.13% of the current circulation and worth approximately US$2.3 million; IOTA (IOTA) will unlock approximately 15.16 million tokens at 8:00 a.m. on June 25th, Beijing time, accounting for 0.39% of the current circulation and worth approximately US$2.3 million; Velo (VELO) will unlock approximately 182 million tokens at 8:00 a.m. on June 26th, Beijing time, accounting for 2.47% of the current circulation and worth approximately US$2.1 million; Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10:00 p.m. on June 27th, Beijing time, accounting for 2.68% of the current circulation and worth approximately US$1.9 million; SingularityNET (AGIX) will unlock approximately 7.15 million tokens at 8:00 a.m. on June 28th, Beijing time, accounting for 2.38% of the current circulation and worth approximately US$1.9 million; Artificial Superintelligence Alliance (FET) will unlock approximately 3.1 million tokens at 8:00 am Beijing time on June 28, accounting for 0.12% of the current circulation and worth approximately US$1.9 million.
Michael Saylor releases Bitcoin Tracker information again, and may disclose holdings data next week
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), once again released information related to Bitcoin Tracker. He said that nothing can stop this orange. According to previous rules, Strategy always discloses information about increasing its holdings of Bitcoin the day after the relevant news is released.
According to the Hong Kong Wen Wei Po, JD.com Vice President Shen Jianguang said at the opening forum of the Wealth Management Expo 2025 that the renminbi has unique advantages in international development. Although the internationalization of the renminbi has made great progress, there is still a lot of room for growth in global currency use. Hong Kong can be the first region in the world to develop offshore renminbi and then promote it to the world. He proposed that Hong Kong could develop a stable currency for offshore renminbi, which will help the renminbi gain a place in the next generation of international currency competition.
According to CoinDesk, CoinDesk Research analysis pointed out that Bitcoin was not affected by the US involvement in the Iran-Israel conflict. After a short-term decline, the trading volume accelerated and the reversal momentum strengthened. Although Bitcoin once fell below $101,000, it quickly rebounded to above $102,000. Market participants responded quickly to the decline, and finally rebounded strongly as the trading volume accelerated and the reversal momentum strengthened. James Lavish, managing partner of Bitcoin Opportunity Fund, said: "If you sell Bitcoin because you are worried that the world may go to war, you don't know what you have at all." In addition, on-chain indicators show that the market is balanced, with neither excessive profit-taking nor aggressive accumulation. Derivatives data show that market sentiment is cautious and the demand for downside protection continues.
Bulla (BULLA) is now available on Binance Alpha. Eligible users can claim 750 BULLA tokens airdrop
Bulla (BULLA) is now available on Binance Alpha. Eligible Binance users can use Binance Alpha Points to claim an airdrop of 750 BULLA tokens on the Alpha event page within 24 hours after trading begins. The Binance Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users with at least 247 Alpha Points can claim. Phase 2 (last 6 hours): Users with at least 186 Alpha Points can participate in the second phase of the airdrop, on a first-come, first-served basis, with 750 BULLA tokens per person until the airdrop pool is full or the event ends. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise they will be deemed to have waived the airdrop.
A whale withdrew 260,932 TRUMP from Gate in the past 19 hours
According to Onchain Lens, a whale has withdrawn 260,932 TRUMP from Gate in the past 19 hours, worth $2.35 million. The whale also holds 818,322 TRUMP, worth $7.09 million, and faces a loss of $1.62 million.
LRT staking whale deposits 4,000 ETH into Binance, and will lose $216,000 if sold
According to @ai_9684xtpa's monitoring, the LRT staking whale deposited 4,000 ETH into Binance 2 hours ago, which is worth 9.14 million US dollars. This part of ETH was redeemed from Renzo a year ago, deposited into StakeStone and then withdrawn 2 hours ago. The cost was about 2,310 US dollars. If it is sold, it will lose 216,000 US dollars.
A wallet associated with the whale "czsamsunsb.eth" deposited 12,606 ETH into Binance
According to Lookonchain monitoring, about three hours ago, a wallet associated with the whale "czsamsunsb.eth" deposited 12,606 ETH into Binance
A newly created wallet withdrew 26,256 ETH from Binance in the past 3 hours
According to Lookonchain monitoring, a newly created wallet withdrew 26,256 ETH worth US$59.64 million from Binance in the past three hours.
US President's envoy calls on Musk: Starlink will be launched for free in Iran in the next few weeks
According to a report by Jinshi.com, citing Xinhua News Agency, Richard Grenell, special envoy of US President Trump, posted a message on the social platform X on the 21st, asking American entrepreneur Elon Musk, who owns the platform, to open the "Starlink" satellite Internet system built by his US Space Exploration Technology Company in Iran for free "in the next few weeks." Grenell named Musk in the post and asked: "Can you open "Starlink" to Iran for free in the next few weeks? My friends in Iran can't get information normally right now." He also said that he was personally willing to "donate" for this and believed that others would do the same.
According to Hong Kong media New Town Finance, Hong Kong Legislative Council member Wu Jiezhuang said that Hong Kong has a lot of room to develop stablecoins, which will become a combination of innovative finance and the real economy in the future. I believe there will be more value-added and entrepreneurial opportunities. However, Wu Jiezhuang welcomes the plan of Internet companies and financial institutions to issue stablecoins in Hong Kong, but reminds retail investors not to be greedy, to first understand the investment risks clearly, and to be cautious when investing.
Humanity Protocol (H) to be listed on Binance Alpha and Binance Futures
According to the official announcement, Binance Alpha will launch and open trading of Humanity Protocol (H) at 17:00 (ET) on June 25, 2025. In addition, Binance Futures will launch HUSDT perpetual contracts at 17:30 (ET) on June 25, 2025, with a maximum leverage of 50x. All eligible Binance users will receive Binance exclusive token airdrops. Eligible users need to use Binance Alpha points to claim the airdrops through the Binance Alpha event page between 17:00 (ET) on June 25, 2025 and 17:00 (ET) on June 26, 2025.
