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A certain whale has increased its holdings by 23.7 WBTC, now owning a total of $18.22 million worth of Bitcoin.

2 days ago

On June 4th, as monitored by on-chain analyst Ai Yi (@ai_9684xtpa), the whale address "0xF0B...Bf06a" has been accumulating 83.94 WBTC since May 12th. The value of these accumulated WBTC is $8.98 million, with a cost of $1,070,005. Currently, it has an unrealized loss of $134,000. The most recent accumulation occurred 3 hours ago, during which 23.7 WBTC were bought at an average on-chain price of $105,343, amounting to around $2.49 million. Now, this address holds a total of $18.22 million worth of WBTC.
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Hong Kong: Stablecoin Regulation to Take Effect on August 1, 2025

On June 6th, the Hong Kong SAR Government (on June 6th) published in the Gazette the "Stablecoin Regulation (Commencement) Notice", designating August 1, 2025 as the start date of the "Stablecoin Regulation" (Chapter 656) ("Regulation"). Financial Secretary and Secretary for Financial Services and the Treasury Christopher Hui stated: "After the Regulation takes effect, the licensing regime will offer appropriate regulation for relevant stablecoin activities, marking a milestone in promoting the sustainable development of Hong Kong's stablecoin and digital asset ecosystem." (ForexLive)

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Trump Responds to Musk Feud Incident, Aides Have Scheduled a Call Between the Two

On June 6th, according to the U.S. political news outlet Politico, on Thursday, when asked about his public dispute with Tesla CEO Musk, U.S. President Trump said, "Oh, it's all good." He further added, "The progress is going extremely well; it has never been in a better state." White House aides have arranged a call with Musk for Friday in an attempt to facilitate reconciliation. (Golden Finance)

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A dormant whale address, inactive for 3 years, deposited 100.4 billion SHIB into Binance 6 hours ago.

On June 6th, as monitored by LookOnChain, a whale address beginning with 0x6E45, which had been dormant for 3 years, deposited 100.45 trillion SHIB into Binance 6 hours ago. This is equivalent to about $1.21 million, with a profit of approximately $311,000 (peaking at a profit of over $2.7 million).

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James Wynn: Unwilling to come back empty-handed, decided to sweep the old wallet for small balance assets and make a fresh start

On June 6th, James Wynn made a post on social media, indicating that in the coming days, he will be scraping some small assets from old wallets to determine what usable assets he can discover. Otherwise, he will return empty-handed. BlockBeats had previously reported that earlier today, James Wynn posted a confession, acknowledging that he realizes he has lost control and is essentially engaging in gambling. He desires to recover his losses and is afraid of being ridiculed for "not being able to hold on to 1 billion earned," thus digging himself into a deeper hole.

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Yesterday the US Ethereum Spot ETF saw a net inflow of $11.3 million

On June 6th, as monitored by Farside Investors, the net inflow of the US Ethereum spot ETF yesterday was $11.3 million. This includes: - BlackRock ETHA: +$34.7 million - Fidelity FETH: -$23.4 million - All others: 0

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Crypto Market Sentiment Reverses into 'Fear' Zone for the First Time Since April 22

On June 6th, based on alternative data, the Fear and Greed Index of cryptocurrencies today is 45 (yesterday it was 57), and market sentiment has cooled down rapidly, dropping into the "Fear" zone for the first time since April 22nd. Note: The threshold of the Fear Index is 0-100, which includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

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