A certain whale withdrew 6000 ETH from Kraken after 6 months of silence

According to OnchainLens monitoring, Cumberland transferred $4 million in USDC to Hyperliquid early this morning. The account currently holds total long and short positions worth $70.38 million: 86.37% of the position is allocated to shorting major cryptocurrencies including Ethereum, Bitcoin, and SOL, as well as key US equities, while 13.63% is used for long positions in indices such as the S&P 500. The account has accumulated a profit of $33.27 million.

According to market data from BIT (bit.com), SpaceX underperformed on its first day of trading on the Nasdaq 100, closing down 6.83% at $149.47 and hitting a new post-IPO low. U.S. space-themed stocks saw broad declines, with Virgin Galactic (SPCE) falling 4.46%, AST SpaceMobile (ASTS) down 7.97%, Rocket Lab (RKLB) dropping 10.4%, and Redwire (RDW) declining 10.12%.

U.S. Central Command (CENTCOM) said U.S. Central Command forces have launched a series of powerful strikes against Iran in response to Tehran’s targeting and attacks on commercial shipping operated by civilian crews in international waterways. CENTCOM stated the strikes are in response to Iran’s assaults on three merchant vessels transiting the Strait of Hormuz, calling Iran’s aggressive actions "unjustified, dangerous" and "a clear violation of the ceasefire agreement." U.S. officials noted the strikes are "punitive actions, not reciprocal responses," adding the operations "will not end in the short term." Meanwhile, the U.S. revoked a general license authorizing Iranian oil sales, with related wind-down transactions allowed to continue until 00:00 Eastern Time on July 17. In response, international oil prices rose immediately. U.S. Treasury Secretary Scott Bessent announced on June 22 that, as part of the U.S.-Iran negotiation framework, the U.S. Treasury Department issued a 60-day general license authorizing the production, delivery and sale of Iranian oil. Per a notice released that day by the Treasury’s Office of Foreign Assets Control (OFAC), transactions involving Iranian crude oil, petrochemicals and petroleum products—previously prohibited under multiple U.S. executive orders and regulations—were exempted through August 21, 2026.

Tiger Brokers has upgraded its rating on Coinbase from "Hold" to "Buy" and set a $200 price target. The firm stated that after a sharp pullback earlier, the risk-reward ratio has improved, Bitcoin’s toughest bear market phase may be over, and a new cryptocurrency market cycle is expected to kick off, fueled by recovering liquidity, rising institutional demand, and improved risk appetite.

Driven by SpaceX's record IPO, on-chain tokenized stock trading volume surged 145% month-over-month in June to $3.86 billion, hitting an all-time high. Of this total, trading volume for tokenized SpaceX stock (ticker: SPCX) reached $1.19 billion, accounting for 31% of the monthly tokenized stock trading volume. The SPCX token issued by BlackRock Securities saw $1.08 billion in trading volume, the market's most active product, while SPCXx from xStocks recorded $852 million. The total market capitalization of the tokenized stock market rose to $1.53 billion in June, up 6.64% month-over-month, marking the 15th consecutive month of growth. While popular assets like Nvidia and Tesla remain actively traded, market attention has clearly tilted toward SpaceX.

U.S. SEC releases its 2026 regulatory agenda, with plans to advance crypto asset regulatory reform by the end of this year. The agency intends to revise multiple rules applicable to broker-dealers and crypto trading platforms, including adjusting brokers’ minimum liquid capital requirements, customer asset protection standards, and record-keeping provisions, to clarify how these rules apply to crypto assets. Meanwhile, the SEC also plans to revise the regulatory framework for trading platforms and explore launching "safe harbor" and regulatory exemption mechanisms related to crypto asset issuance, custody, and trading—aiming to provide clearer regulatory guidance for the market while continuing to crack down on illegal activities. The SEC notes that the new rules are designed to enhance market certainty, boost capital formation and innovation, and ensure adequate investor protection. This direction aligns with the industry-friendly regulatory path SEC Chairman Paul Atkins has pursued since taking office, marking a sharp contrast to the law enforcement-dominated regulatory approach of former Chairman Gary Gensler.