Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

On June 12, Arkham Monitor reported that a newly created whale address—0x17A—withdrew roughly $41 million worth of Ethereum from custodian BitGo. The pattern of this fund movement aligns with past buying activity by Bitmine, led by Tom Lee, sparking market speculation over "continued institutional buying."

On June 12, GMGN monitoring shows that as SpaceX’s initial public offering (IPO) nears, the on-chain meme coin ASTEROID—named after SpaceX’s official mascot “Space Dog”—has not seen a funding surge and has instead experienced a recent decline. The Ethereum-based ASTEROID remains the highest market cap variant, with a current market capitalization of roughly $38.14 million. It has tumbled 24% over the past 24 hours, with a corresponding trading volume of around $3 million. The Solana-based ASTEROID is currently valued at $8.1 million, holding a 24-hour trading volume of approximately $320,000. BlockBeats reminds users that meme coins are highly volatile assets heavily dependent on market sentiment and hype, with no real intrinsic value or practical utility use cases. Investors should exercise full caution regarding the associated risks.

June 12 – SpaceX is set to make its official debut on the Nasdaq this Friday in what’s on track to be one of the largest initial public offerings (IPOs) in history. Priced at $135 per share, the offering will raise approximately $75 billion, valuing the space exploration firm at around $1.77 trillion. Per CNBC, the IPO will push SpaceX into the rank of the world’s seventh-most valuable U.S.-listed company — a milestone widely viewed as a critical step toward founder Elon Musk becoming the planet’s first trillionaire. The outlet adds that retail investor allocations for the offering came in below initial expectations, landing just slightly above 20% — a figure underscoring robust demand from institutional investors and intense competition for shares. On the eve of SpaceX’s listing, global stock markets rallied broadly as risk appetite rebounded. A key catalyst for this shift: a sharp turnaround in U.S. President Donald Trump’s stance on Iran, with Trump announcing a U.S.-Iran agreeme

On June 12, per Bitget market data, South Korea’s KOSPI index has trimmed its gains, now up 5.51% after surging over 8% earlier.

June 12 (via CCTV) — U.S. President Donald Trump stated on June 11 that the U.S. military would conduct a "very strong" strike against Iran that night, though he later called off the operation. The announcement followed U.S. military attacks on multiple Iranian locations two days prior. Ibrahim Azizi, chairman of Iran’s National Security Committee (part of the Islamic Consultative Assembly), told media on June 11 that this recent round of U.S.-Iran confrontations is not a "war" but rather "U.S. high-pressure tactics" designed to achieve its goals. Azizi explained Washington is using military pressure to back negotiations, aiming to secure outcomes it could not obtain on the battlefield. He emphasized the U.S. must accept that Iran is no longer the country it once was: tempered by conflict, Tehran has made major advances in military, defense, political and economic areas alike.

June 12 — Per Hyperinsight’s monitoring (https://t.me/HyperInsight), on the eve of SpaceX’s initial public offering (IPO), the largest long whale on Hyperliquid increased its position in the afternoon hours. The whale’s position size rose from $17.6 million in the morning to $21.4 million, with its average entry price climbing to $167.2. Unrealized gains for the whale have expanded to $1.68 million, a +17% increase. As of press time, this whale is still gradually accumulating additional assets. Whale wallet address: 0x9cc10bd3c7e2486c0ae4623e4f7cc3ff143fac56