Bosses, the Binance Web3 wallet brushing Alpha hasn't linked the invitation code yet, you can use my invitation code to link it. Existing old accounts can also fill it in. It can reduce the trading fee by 10%, and over time, it can save a lot if you brush it every day.
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1 hour ago, the Ethereum Foundation provided the non-profit Ethereum development organization Argot with a grant of 2,469 stETH (US$4.34 million). Argot address: 0x247B57471Ff9F4c99759eBCa3ADF59c1a8F3583c
1. Last July, the Ethereum Foundation provided Argot with 3 years of operating funding: 7,000 ETH. After receiving it, Argot sold 4,826.6 ETH at an average price of $3,194, converting it into 15.417 million USDC. 2. Today, Argot received the 4th-year grant funding from the Ethereum Foundation: 2,469 stETH (US$4.34 million). 3. Next July, the final 5th-year grant will also be 2,469 stETH. In other words, the total grant funding is 11,938 ETH.
Argot’s ETH sales from last year 👇
余烬Ember
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The nonprofit development organization Argot Collective, which received 7,000 ETH in operational funding from the Ethereum Foundation, continued to sell 600 ETH for 2.15 million USDC 6 hours ago.
Since they started selling ETH for stablecoins on July 11, they have exchanged 4,826.6 ETH for 15.417 million USDC, with an average selling price of $3,194.
The ETH/BTC exchange rate has strengthened over the past month, rebounding from a low of 0.0252 to the current 0.0285. This year, a large whale has profited in the last two ETH/BTC exchange-rate trades with gains of 6,389 ETH (worth $11.34 million). Today, he began his third ETH/BTC exchange-rate trade: selling 4,695 ETH to buy 133.8 BTC, selling at an exchange rate of 0.0285. He is betting that the ETH/BTC exchange rate will continue to fall—meaning ETH will rise more slowly than BTC or fall more.
His past two ETH/BTC exchange-rate trades this year were also quite well-timed: he sold ETH at exchange-rate peaks and then bought back after the exchange rate plunged. After two trades, his holdings in ETH increased by 6,389 ETH (worth $11.34 million).
1. At the beginning of January, he sold 22,345 ETH for 774 BTC, and at the end of January he swapped back to 24,564 ETH—an increase of 2,219 ETH. 2. In mid-April, he sold 24,564 ETH for 784.7 BTC, and at the beginning of June he exchanged back to 28,734 ETH—an increase of 4,170 ETH. 3. Today, after the exchange rate rebounded, he sold ETH again to buy BTC.
Since No. 1, the whale has been continuously buying; today it continues withdrawing 4,942 ETH ($8.83 million) + 111.5 WBTC ($7.01 million) from Binance.
Over 4 days, it has accumulated a total of 24,694 ETH ($40.26 million) + 211.5 WBTC ($13.25 million), and it is now up $3.61 million.
This whale, which has been continuously withdrawing ETH from Binance starting from day 1, is already up $3.3 million on its ETH. And today, 4 hours ago, it withdrew another 100 WBTC ($6.24 million) from Binance.
It bottom-fished and then started to rebound: over 3 days, it accumulated a total of 19,752 ETH ($31.43 million) + 100 WBTC ($6.24 million), with an ETH price of $1,591 and a BTC price of $62,390.
And over these same days, ETH rebounded by $200, while BTC rebounded by $4,000.
In this market environment, the whales are also not daring enough to be “diamond hands”; they take a bite with profit and then retreat quickly. Wang Chun, a creator of the fish pool, has recently reduced his position in batches by 36,600 ETH and 160 WBTC over the past few days, netting a profit of $3.4 million.
In June, he gradually bought the dip, accumulating about 70,600 ETH ($117 million) + 966 WBTC ($60.29 million). The BTC price was about $62.4k, and the ETH price was about $1,653. After July began, the market rebounded. In these days, he has transferred funds into Binance—36,600 ETH and 160 WBTC—and is expected to profit $3.4 million.
Yu Chi Lianchuang Wang Chun today withdrew 9,937 ETH (US$15.5 million) + 147.5 WBTC (US$8.7 million) from Binance over the past 6 hours, and then deposited it into Spark.
Since the beginning of the month, after BTC fell below US$60,000 and ETH fell below US$1,700, he has gradually accumulated about 65,700 ETH (US$111 million) + 966 WBTC (US$60.29 million). BTC is around US$62,400 and ETH is around US$1,660.
All the WBTC and about half of the ETH were deposited into Spark, while the other half of the ETH was deposited into Ethereum staking.
Over the past few days, HYPE bounced back from $60 and has again reclaimed $70.
A whale is likely getting ready to run while the rebound is happening: about 1 hour ago, he withdrew 212,500 HYPE (about $15 million) from Morpho, and then moved it all into Coinbase.
The crypto market has been down for a whole half year this year, so the overall market cap of dollar stablecoins has declined accordingly—by about $10 billion to a total market cap of $300 billion so far. The outflow of funds has gone to the U.S. stock market, which has had even stronger wealth-building effects this year.
In the most recent quarter: ◎ USDT total supply fell from $189.8 billion to $184.1 billion, a net outflow of $5.7 billion.
◎ USDC total supply fell from $79.6 billion to $73.0 billion, a net outflow of $6.6 billion. USDC is the stablecoin with the largest outflow, and also because it has temporarily lost growth expectations. $CRCLB share price dropped from $136 to $64.
◎ USD1 total supply rose from $4.1 billion to $$4.6 billion, an inflow of $0.5 billion—one of the rare stablecoins that grew against the tide. Of course, this growth is currently based on USD1 providing interest rate subsidies on multiple CEXs. USD1 still needs to overcome a hurdle that all stablecoins have faced in the past—from holding to actually using them. Only once that hurdle is crossed can they be considered a "mainstream stablecoin" and see continued market-cap growth. USD1 is already doing this. For example, on Binance, to get additional bonus multiples for USD1 interest-rate subsidies, you now need to have open positions in USD1 contract trading pairs. The goal is to get you to use it—so that as you keep using it, user habits and the market can be nurtured together.
This whale, which has been continuously withdrawing ETH from Binance starting from day 1, is already up $3.3 million on its ETH. And today, 4 hours ago, it withdrew another 100 WBTC ($6.24 million) from Binance.
It bottom-fished and then started to rebound: over 3 days, it accumulated a total of 19,752 ETH ($31.43 million) + 100 WBTC ($6.24 million), with an ETH price of $1,591 and a BTC price of $62,390.
And over these same days, ETH rebounded by $200, while BTC rebounded by $4,000.
Over the past day, a whale address withdrew 15,800 ETH (about $25 million) from Binance, then deposited it into Lido staking to earn interest. Address: 0x268448f31594F4636D03cBB4E813b94801E47643
This week, ETH’s performance—rarely—has been slightly better than BTC. First, ETH saw net inflows into its ETF yesterday, while BTC still faced large outflows. Second, ETH has whales like the one mentioned above buying the dip, whereas BTC is facing pressure from a MicroStrategy $1.25 billion coin-selling plan.
A digital asset technology company listed on the London Stock Exchange, and also an investor in Lido, KR1, transferred 3.7 million LDO (about $990,000) to Kraken about an hour ago.
Even a listed company can’t hold on—do they really have to sell at a time when prices are so ridiculously low?
But looking at their holdings, it makes sense. By the current narrative, these are all “old-guy coins”: they hold ETH, DOT, NXM, RED, LDO, ATOM, TIA, and others. This year, most of these tokens have basically been cut in half.
Hyperliquid’s largest S&P 500 short whale "Driscoll_Yewleaf" shorted the S&P 500 index a month ago and lost $2 million.
In the past two days, he has started shorting the S&P 500 index again: he sold short $49 million worth of SP500 at a price of $7,400. As of now, the SP500 has already risen to $7,494, and he is down another $620,000.
After US stock market opened at 9:30, ETH price successfully broke above its liquidation level of $1,674. In the past half hour, his short positions were liquidated by 31,600 ETH (approximately $53.5 million). Whales served as fuel for ETH’s rebound.
This liquidated portion of ETH resulted in a loss of $4.64 million. After the liquidation, he still has an ETH short position worth $38.64 million remaining, with the latest liquidation price at $1,764—about $50 away from the current price.
余烬Ember
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Oh wow—are we about to let the air force fireworks off? If ETH rises another $28, this whale “sat0shi777,” which has chased a selloff and a short-position opening over the past few days by 54,200 ETH, is about to have its ETH short position worth $89.22 million liquidated.
His short entry price is $1541.3, the liquidation price is $1674.4, and now the ETH price has already climbed to $1646.2.
Oh wow—are we about to let the air force fireworks off? If ETH rises another $28, this whale “sat0shi777,” which has chased a selloff and a short-position opening over the past few days by 54,200 ETH, is about to have its ETH short position worth $89.22 million liquidated.
His short entry price is $1541.3, the liquidation price is $1674.4, and now the ETH price has already climbed to $1646.2.
Oh wow—are we about to let the air force fireworks off? If ETH rises another $28, this whale “sat0shi777,” which has chased a selloff and a short-position opening over the past few days by 54,200 ETH, is about to have its ETH short position worth $89.22 million liquidated.
His short entry price is $1541.3, the liquidation price is $1674.4, and now the ETH price has already climbed to $1646.2.
Doing this while losing money on both the long and short sides at the same time—honestly, that’s not easy啊:
1. Whale "sat0shi777" opened a long position of 468 BTC at a price of $62,729 on the 24th ($29.38 million). Then BTC crashed to below $60,000. 2. Yesterday morning, after the drop, he chased the short again at a price of $1,536 for 47500 ETH ($72.94 million). As a result, ETH didn’t continue falling😂 3. So now, his positions worth $102 million are losing at the same time: the BTC long is down $1.86 million, and the ETH short is down $1.23 million.
Over the past day, a whale address withdrew 15,800 ETH (about $25 million) from Binance, then deposited it into Lido staking to earn interest. Address: 0x268448f31594F4636D03cBB4E813b94801E47643
This week, ETH’s performance—rarely—has been slightly better than BTC. First, ETH saw net inflows into its ETF yesterday, while BTC still faced large outflows. Second, ETH has whales like the one mentioned above buying the dip, whereas BTC is facing pressure from a MicroStrategy $1.25 billion coin-selling plan.
The whale that bought gold at the high end just closed its position and cut losses, selling 1,000 PAXG ($4.04 million). It’s down $1.06 million (-21%).
In the 2-3 month period, it basically withdrew these 1,000 PAXG from Binance at the peak with a price of $5,103, when it was worth $5.10 million. 15 minutes ago, it transferred these PAXG into Binance, but they’ve already shrunk to $4.04 million, resulting in a loss of $1.06 million.
After ParaFi Capital, an investment firm, swapped AAVE holdings to SKY in March, today it continued to increase its position 1 hour ago by buying an additional 56 million SKY tokens (worth $2.98 million).
1. In early March, when the AAVE price was $124, they swapped 425,000 AAVE for 70 million SKY. 2. Today, they again withdrew 56 million SKY tokens from Coinbase Prime (worth $2.98 million). They now hold a total of 126 million SKY tokens (worth $6.64 million), with an average cost that should be around $0.066. The unrealized loss is $1.72 million.
Was the reallocation influenced by the governance debate of Aave? The investment firm ParaFi Capital may have exchanged $AAVE for $SKY in the last 3 days.
◎3 days ago (3/3), ParaFi Capital transferred 42,500 AAVE ($5.26 million) to Coinbase Prime. ◎Then, 4 hours ago today, ParaFi Capital withdrew 70 million SKY ($5.38 million) from Coinbase Prime.
With 7 hours ago, Pump transferred another 16.43 million USDT into Kraken. The stablecoins (USDC+USDT) they obtained last year from the July public offering sale of PUMP have already resulted in $770 million entering CEXs.
In addition, they have recently resumed selling fee revenue: since mid-May, they have transferred 342,500 SOL (worth $27.59 million) in fee income into Kraken.
According to Trump’s financial disclosure documents released by the U.S. government, Trump received $635 million in profits from the TRUMP meme coin in the form of authorization and revenue-sharing. *This is only what he personally received from the TRUMP meme coin; it does not include other related projects and tokens. If we also account for teams earning money in other stages of the entire chain—such as issuance, marketing, and cashing out—then their net cash-out amount from the TRUMP coin must be at least over $1 billion, right?
In addition, Trump personally holds cryptocurrency worth about $100 million: BTC worth more than $50 million, ETH worth $5 million–$25 million, and USDC worth $5 million–$25 million.
This whale is losing a bit badly: He went long on crude oil worth $19 million at $100.4, and long on gold worth $6.95 million at $4,345. Then he ran into a big pullback in both of them in the near term—crude oil pulled back 27%, and gold pulled back 9%. He’s been nailed to the mountainside directly, and he’s now floating a loss of $5.7 million.