A whale that gradually accumulated 22,567 ETH over the past six months has cut its losses and reduced its positions, suffering losses of over $4 million.

According to official announcements, Sign has officially partnered with Bhutan's sovereign wealth fund Druk Holding & Investment (DHI) subsidiary, the National Digital Identity Company (Bhutan NDI), to jointly build secure, inclusive, and interoperable sovereign digital identity and verifiable credential systems for governments worldwide. Earlier news: On June 18, the SIGN Foundation, Bhutan NDI, and Sierra Leone’s Ministry of Communications, Technology and Innovation (MoCTI) signed a memorandum of understanding (MoU) to jointly design, develop, and implement Sierra Leone’s national digital identity platform. The platform is built on open-source technology and W3C-compliant verifiable credentials, enabling citizens to securely prove and manage their identities while upholding high standards of privacy, security, and data sovereignty.

Per official announcement, to cater to users’ diversified investment needs, Bitget has launched 13 stock and ETF perpetual contracts, including TTWO (Take-Two Interactive Software), BSP (Bending Spoons), SUMIELEC (Sumitomo Electric), DISK (Tema Storage ETF), BNC (CEA Industries), and others. All these contracts are settled in USDT, support up to 20x leverage, and enable 24/7 trading. For more details, please refer to Bitget’s official platform.

According to on-chain analyst Ai Yi (@ai_9684xtpa), wallet address 0x519…96a47 currently holds a long position in tech and semiconductor stocks worth $19.78 million, with an unrealized loss of $5.24 million. The address added $3 million in USDC as margin 10 minutes ago to reduce liquidation risk. The portfolio includes stocks MRVL, SK Hynix, MU, NBIS, CRCL, and ZHIPU, with entry points near recent highs. This whale has reportedly generated over $16.96 million in lifetime profits.

Canaan Inc. announced that its American Depositary Shares (ADS) have been approved for transfer from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the opening of trading on July 1, with its stock ticker CAN unchanged. Earlier, Canaan received a non-compliance notice from Nasdaq in January after its ADS closed below $1 for 30 consecutive trading days. The company’s initial 180-day compliance period is set to expire on July 13, and it has already applied for an additional 180-day compliance period on July 6.

According to crypto analyst alicharts, Ethereum is currently testing resistance at the $1796 level of its 0.8 MVRV price band. If Ethereum closes above this level on the daily timeframe and successfully holds it as support, the bullish thesis will be strengthened, potentially paving the way for a move toward Ethereum’s realized price of $2245. Alicharts further notes that breaks above both $1796 and $1816 would trigger a bullish breakout. From a technical perspective, such a move would also boost ETH’s chances of breaking above the channel top at $1844 and advancing toward the $2245 realized price.

Today, Samsung Electronics released a better-than-expected earnings preview: its operating profit surged over 1,800% year-on-year, with quarterly earnings surpassing the sum of the past three years. Meanwhile, its revenue rose 129% year-on-year to 171 trillion won. However, investors were unimpressed; after South Korea’s stock market opened, Samsung Electronics’ shares tumbled, hitting a maximum drop of 8%. Analysts attributed Samsung’s weak stock performance to overly high market expectations: after accounting for employee bonus provisions, the profit driven by record-high memory chip prices could have exceeded 90 trillion won. Additionally, the market is concerned that AI data center construction may slow down. Albert Yong, managing partner at Petra Capital Management, said: "Samsung’s strong performance was already widely anticipated by the market and largely priced in during the pre-earnings stock rally. Investors remain worried about the sustainability of the AI boom and the risk of a slowdown in AI infrastructure spending by major U.S. tech companies."