Infinex: Airdrop of 100 Million μPatrons to Kaito Ecosystem Users

On June 6th, according to official channels, Coinbase announced early this morning that it will include FARTCOIN and Subsquid (SQD) in its listing plan. Based on the available information, FARTCOIN is a meme coin within the Solana ecosystem. The Subsquid Network is a decentralized data lake and query engine aimed at providing developers with high-performance and permissionless data access.

On June 6th, Uber's CEO recently made an announcement that the company is giving thought to utilizing stablecoins in order to cut down on operating costs. He holds the view that the growth of stablecoins is highly promising, especially for global enterprises. Uber is a globally renowned American technological company that mainly provides ride-hailing, food delivery, and freight services. (Cointelegraph)

June 6th. As per Ashes Monitor, a whale employed a tactic referred to as "buying the dip" subsequent to a liquidation event in James Wynn's position. It managed to regain $17.08 million in profit through a liquidation cascade that took place two and a half hours earlier. The whale implemented this strategy twice following liquidation events in James Wynn's position, going long on both BTC and ETH. The approach involved leveraging the liquidation event. It opened a long position immediately after James Wynn's position was liquidated yesterday at midnight and augmented its position after James Wynn's position was liquidated and closed today at 1 a.m. However, as the price kept declining, it opted to cut its losses and close its position two and a half hours ago. This decision led to a $17.08 million loss on this specific long trade. After this profit-taking event, its profits in the past 21 days have decreased from $30 million to $13 million.

On June 6th, based on Coinglass data, within the past 24 hours, the entire network witnessed liquidations totaling $9.68 billion. Among them, long liquidations accounted for $8.8 billion. In addition, a total of 225,990 people were liquidated globally. The largest single liquidation took place on Bitmex - XBTUSD, with an amount of $10.00 million.

On June 6th, Arthur Hayes, the co-founder of BitMEX, posted on social media today, expressing how remarkable a day it is. The ICO craze of 2017 has transformed into the IPO mania of 2025 - 2027? This is just the inception of the madness. Eventually, it will reach a sensational IPO similar to EOS, attracting a huge amount of fiat capital and experiencing a sharp decline after listing.

On June 6th, CME Bitcoin futures witnessed a record high of 217 large traders, showing a 36% increase compared to the beginning of the year. This indicates a notable rise in institutional investors' interest in Bitcoin. Since the start of 2024, the number of large traders has been continuously rising, suggesting that institutional Bitcoin allocation has become a consistent trend rather than opportunistic trading. (The Block)