CryptoPatel

The Ethereum Foundation has seen major leadership turnover in recent months.

Hsiao-Wei Wang has stepped down, following the earlier departure of Tomasz Stańczak.

With both co-executive directors now gone and at least eight senior members leaving in the last five months, questions are growing around the foundation’s future leadership and governance.

REPOSTING THIS BECAUSE MANY PEOPLE CALLED IT IMPOSSIBLE.

On May 9, I Told You Multiple Times That $80K Level Was A Major Resistance Zone, FVG Zone, And Liquidity Area.
I Also Said That If $BTC Rejected Around $82K, We Could See A Move Back Toward $68K.

What Happened?
➡️ Bitcoin Dumped From $82,800 To $59,100.
➡️ That's A Nearly -28% Move From The Level I Highlighted.
At The Time, Many People Told Me:
❌ "BTC Will Never Go Below $80K Again."
❌ "Your Analysis Makes No Sense."

I Didn't Argue.
I Didn't Reply.

→ I Simply Let The Market Decide.
→ Now The Chart Has Spoken.
→ This Move Wasn't Luck.

It Was A Combination Of: SMC + Liquidity Analysis + FVG + Order Blocks And Market Psychology
Most Traders Only Watch Price.
Professional Traders Watch Where Liquidity Is Sitting.
Of Course, I Don't Win Every Analysis.
Nobody Does.

But I Always Try To Give You The Best Possible Analysis Based On What The Market Is Showing.

Now For The Bigger Picture:
→ The Long-Awaited Lower High (LH) Has Finally Formed After January 2026.
→ This Is Something I Have Been Waiting For Months To See.
→ As A Result, My Major Invalidation/ChoCh Level Drops From $98,000 To $82,800.

$82,800 Is Now The Most Important Level On The Chart.
Only A Strong Break Above It With High Volume And HTF Candle Closes Would Shift My Bias Back Toward A Bullish Trend.
Until Then, I Remain Cautious.

My Current View:
→ Short-Term Relief Rally Possible
→ #BTC Could Bounce Toward The $71K-$74K Area Before The Next Major Drop.
→ Bigger Target Remains Around $50K.
For That To Happen: Key BOS Level = $59,800

If BTC Loses That Level, Then:
➡️ $50K Becomes Highly Likely
➡️ $45K-$40K Also Comes Into Play

We'll Reassess Based On Price Action And Market Conditions At That Time.
The Market Doesn't Care About Opinions.
It Only Respects Liquidity.

#Bitcoin #CryptoPatel

BitMEX Founder Arthur Hayes Bought $ETH the Top and Sold the Dip. Seriously.

Arthur Hayes did it again: Over the last 4 days, he accumulated 5,900 $ETH worth $10.58M at an average price of $1,793.

Just 4 hours ago, he sold 6,000 #ETH for $10.14M at $1,690
Realized Loss: -$606,000

If one of crypto's biggest names can panic at the wrong time...
What makes you think retail won't?

Axelar–Secret Bridge Exploited for $4.67M

Axelar confirmed around $4.67 million in tokens were drained from assets bridged over IBC to Secret Network.

Where the Flaw Was:
The issue was isolated to the Secret-side ICS-20 contract that handles assets from the Axelar chain. Axelar's core protocol, other IBC connections, and native Secret tokens are safe.

Why It Is Hard to Trace:
Secret is a privacy chain, so transactions and balances are encrypted. The exploit transaction is invisible on-chain, making tracking the attacker difficult.

Axelar disabled the Secret and Secret-SNIP bridge connections and is now working with exchanges and law enforcement to track the funds.

Bridges remain one of DeFi's biggest risk points. Be careful with cross-chain transfers and wait for official updates before moving funds.

#Axelar

125,000 $BTC moved into Long-Term Holder wallets this month.
The biggest accumulation of the cycle.

20% of Bitcoin Miners Are Now Losing Money: JPMorgan

The Problem:
It costs around 78,000 dollars to mine one $BTC, but Bitcoin is trading near 62,500. This gap has stayed open for five straight months.

The Result:
Public miners sold over 32,000 BTC in Q1 2026 to cover costs. That is more than all of 2025 combined and a new quarterly record. Mining difficulty also dropped 10 percent in June as machines got switched off.

Older high cost miners are under heavy pressure. Large miner selling can drag price down short term.
JPMorgan notes this weak sentiment could turn bullish later, as miner capitulation often marks local bottoms.

If you invested $10,000 into $SNDK in April 2025 when it was trading at $27.89, you would have over $785,800 today at $2,191.69 per share.

April 2025: $27.89
June 2026: $2,191.69

That's a staggering 78.6x return in just 15 months.
Some opportunities only look obvious in hindsight. 🚀

#SanDisk #CryptoPatel

ED Raids 5 Crypto Platforms in India Over Alleged FEMA Violations

What Happened:
India's Enforcement Directorate searched 6 premises in Bengaluru over alleged FEMA violations.

Platforms Under Scanner:
Transak, Carret, Xpat (Remit2Any), Onramp.money, Onmeta

The Allegation:
These platforms allegedly used USDT and other stablecoins to move money across borders outside RBI authorised channels.

Key Facts
🔹 Searches took place on June 17
🔹 Around 6 crore rupees frozen so far

What This Means For You:
This targets cross border crypto remittances, not holding or trading. But regulators are watching stablecoin transfers closely, so be careful with international crypto transfers.

FBI Seizes Record 8 Billion Dollars in Crypto Scam Crackdown
Under Operation Blackout, the FBI shut down a global pig butchering network targeting crypto investors.

The numbers:
🔹 Over 8 billion dollars in scam fraud shut down
🔹 Nearly 2,000 trafficked workers freed
🔹 Close to 300 arrests worldwide

Pig butchering is when scammers build fake trust in your DMs, then push you into fake investment platforms.

The red flag: any stranger online guiding you into a high return platform.
Verify everything. Protect your capital.

$BTC HTF Update:

The key BOS (Break of Structure) level remains at $59,800.
A confirmed HTF candle close below $59,800 would invalidate the current market structure and signal a new Lower Low (LL) formation.

If that breakdown occurs, the next major downside liquidity zone sits around the $50,000 region.

Watch the HTF close closely.

JUST IN: BlackRock Clients SOLD $96.66 million in BTC And $12.77 million in ETH on June 18 (Yesterday)

Bitcoin: -1,540.815 BTC (-$96.66M) @ ≈ $62,733 per $BTC
Ethereum: -7,533.7853 ETH (-$12.77M) @ ≈ $1,695 per $ETH

BlackRock's $IBIT Total Holding: 764,395.42420 BTC ($48B)
BlackRock's ETHA + ETHB Total Holding: 31,67,334.3741 ETH ($5.40B)
BlackRock $ETH Staked: 250,415.59700 ETH ($425M)

Ten Months Of Pain, Ten Months Of Patience, And Deep Down Every $SOL Holder Knows We Deserve That Run Toward $1,000 🚀

#SOL @Solana Official

ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (18-06-2026) YESTERDAY

🟥 Bitcoin ETFs: -1,440 $BTC (-$90.66M)
🟥 Ethereum ETFs: -7,550 $ETH (-$12.77M)
🟩 SOLANA ETFs: +43.41K $SOL (+$2.99M)
🟩 XRP ETFs: +2.24M $XRP (+$2.55M)
🟩 LITECOIN ETFs: +7,320 $LTC (+$317.14K)
🟩 $HYPE, $DOGE, $BNB, $LINK, $AVAX, $DOT, $HBAR Flows Was Zero.

TOTAL US SPOT CRYPTO ETFs OUTFLOW: ≈ -$97.57M

U.S. BITCOIN ETFs SOLD ~1,440 BTC Worth $90.66M
🇺🇸 BlackRock ETF Has SOLD ~1,540 BTC for $96.66M And 7,550 ETH for $12.77M
🇺🇸 VanEck ETF Has SOLD 71 BTC for $4.44M
🇺🇸 Morgan Stanley ETF Has BOUGHT 166 BTC for $10.43M

Fact: U.S. Spot Bitcoin ETFs SOLD Nearly 3 Days Mined BITCOIN Supply Yesterday.

80% OF BITCOIN TRANSACTIONS ARE NOW MICRO-TRANSACTIONS

According to CryptoQuant, nearly 80% of all Bitcoin transactions are now under 0.01 BTC

The surge is largely driven by Runes, Ordinals, and inscription activity, pushing daily transaction counts and transactions per block close to record levels.

As a result, the Bitcoin mempool has reached its most congested state since early 2025, increasing competition for block space even as BTC price action remains relatively subdued.

$ETH LTF Outlook:

Bearish market structure remains intact on the LTF, with a confirmed BOS signaling continuation to the downside.

Target: $1,300
Invalidation: HTF candle close above $2,035.

JUST IN: BlackRock Clients SOLD $30.76 million in BTC And $8.97 million in ETH on June 17 (Yesterday)

Bitcoin: -475.836 BTC (-$30.76M) @ ≈ $64,644 per $BTC
Ethereum: -5,119.1742 ETH (-$8.97M) @ ≈ $1,752 per $ETH

BlackRock's $IBIT Total Holding: 765,936.23940 BTC ($48B)
BlackRock's ETHA + ETHB Total Holding: 31,74,868.1594 ETH ($5.40B)
BlackRock $ETH Staked: 250,401.66620 ETH ($425M)

Strategy ( $STRC ) has crashed nearly ~80% from its All-Time High.

ATH: $545
Current Price: $110

That's a wipeout of over $435 per share in just 18 months.
A brutal reminder that even market favorites can suffer massive drawdowns.

ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (17-06-2026) YESTERDAY

🟥 Bitcoin ETFs: -1,271 $BTC (-$82.16M)
🟥 Ethereum ETFs: -16,801 $ETH (-$29.37M)
🟩 SOLANA ETFs: +14.68K $SOL (+$1.06M)
🟩 DOGECOIN ETFs: +2.35M $DOGE (+$200.58K)
🟩 HYPE ETFs: +29.5K $HYPE (+$2.14M)
🟩 $BNB, $LTC, $LINK, $AVAX, $XRP, $DOT, $HBAR Flows Was Zero.

TOTAL US SPOT CRYPTO ETFs OUTFLOW: ≈ -$108.13M

U.S. BITCOIN ETFs SOLD ~1,271 BTC Worth $82.16M
🇺🇸 BlackRock ETF Has SOLD ~476 BTC for $30.76M And 5,130 ETH for $8.97M
🇺🇸 Grayscale ETF Has SOLD 239 BTC for $15.46M And 6,940 ETH for $12.13M
🇺🇸 Fidelity ETF Has BOUGHT 217 BTC for $14.02M And SOLD 2,480 ETH for $4.34M
🇺🇸 ARK 21Shares ETF Has SOLD 674 BTC for $43.53M And 1,600 ETH for $2.79M
🇺🇸 VanEck ETF Has SOLD 64 BTC for $4.11M And 366 ETH for $638.86K
🇺🇸 Invesco ETF Has SOLD 99 BTC for $6.39M
🇺🇸 Morgan Stanley ETF Has BOUGHT 63 BTC for $4.07M
🇺🇸 Bitwise ETF Has SOLD 286 BTC for $500.12K

Fact: U.S. Spot Bitcoin ETFs SOLD Nearly 3 Days Mined BITCOIN Supply Yesterday.

🇺🇸 Illinois just became the FIRST US state to tax crypto transactions.

Gov. Pritzker signed a 0.2% "privilege tax" into law, effective Jan 1, 2027.

→ Charged to brokers (costs likely pass to users)
→ $100K threshold
→ Felony penalties for unregistered brokers

No stock or bond has this. Critics call it the most punitive crypto tax in the US.

Ethereum's Glamsterdam upgrade just entered final testing, devs call it "the largest fork since the Merge."

→ ePBS (EIP-7732)
→ Block-Level Access Lists
→ Gas limit: 60M → 200M
→ Compute cheaper, state pricier

Mainnet expected H2 2026 (likely Q3). No date locked yet.