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Bloomberg Reports Binance Helped WLFI Write USD1 Code, CZ Accuses Former of Misreporting

8 hours ago

On July 12th, as reported by Bloomberg on Friday and based on information from three people with knowledge of the matter, Binance had assisted WLFI in creating (coding the basic code) and promoting the USD1 stablecoin, and had played a role in its largest transaction prior to CZ seeking clemency. In response, CZ claimed that the Bloomberg article was sponsored by a competitor and contained multiple factual inaccuracies.
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Yesterday's Fidelity BTC Net Inflow was 0, Fidelity ETH Net Inflow was $12 million

On July 12th, as monitored by Farside Investors, the net inflow of Fidelity FBTC yesterday was 0, while the net inflow of FETH was $12 million.
Currently, with no data available for the 2 ETFs on BlackRock yet, the total net inflow of other U.S. Bitcoin spot ETFs yesterday was $76.1 million, and the total net inflow of other U.S. Ethereum spot ETFs was $67.8 million.

1 seconds ago

The GMX team sold 10,000 ETH 7 hours ago, possibly to refund users.

On July 12th, as monitored by on-chain data analyst Yu Jin, after the GMX hacker returned 10,000 ETH (approximately $30 million) to the GMX team the previous day, the GMX team sold the 10,000 ETH 7 hours ago for 29.597 million USDT. The average selling price was $2,959. This was likely converted into a stablecoin for the next step of returning assets to users.

1 seconds ago

A whale deposited 20.5 million U to Hyperliquid to establish a "basket" short position

On July 12th, based on LookOnChain's monitoring, a significant amount of funds (20.5 million USDC) was deposited by a whale into multiple addresses on Hyperliquid. This was done with the intention of establishing a "basket" short position. The short targets encompassed: ETH, BTC, SOL, HYPE, DOGE, and FARTCOIN.

1 seconds ago

2 Whale Addresses Accumulate IP Worth Approximately $7.4 Million

On July 12th, as monitored by LookOnChain, two whale addresses accumulated approximately $7.4 million worth of IP this morning. The details are as follows: - Whale 0x385D accumulated 857,192 IP (approximately $3.8 million). - Whale 0xE0e6 accumulated 814,523 IP (approximately $3.61 million).

1 seconds ago

After being dormant for 4 months, a certain whale address moved 1000 BTC to Binance.

On July 12th, based on the monitoring of Onchain Lens, after being silent for 4 months, a whale deposited 1000 bitcoins with a value of $1.1767 billion into Binance and made a profit of $68.8 million. The whale initially withdrew 2100 bitcoins from Binance, which was worth $1.7821 billion at that time. Currently, it still holds 1100 bitcoins with a value of $1.2933 billion.

1 seconds ago

A whale address has shorted PUMP with 3x leverage, liquidation price is $0.00735

On July 12th, based on the monitoring of LookOnChain, a whale address beginning with 0x8373 initiated a PUMP 3x leveraged short position on HyperLiquid. It held 3.776 billion PUMP tokens (approximately $2.13 million) at a liquidation price of $0.00735.

1 seconds ago