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

On June 2nd, according to HyperInsight’s monitoring, as the market dipped, the “Big Whale” was once again facing liquidation on his 25x leveraged long Ethereum (ETH) position, and he voluntarily closed out a portion of his holdings. Currently, the whale still holds a 25x leveraged long position of 2,600 ETH, valued at $5.17 million. The liquidation price sits just $27 below the current market price, while the account has racked up over $32 million in cumulative losses.

On June 2nd, Bill Zanker — a long-time business partner of former President Donald Trump — launched the "TrumpCoin Club," a long-term membership program designed for large holders of the TRUMP meme token, offering exclusive perks to the crypto’s top stake owners. The club’s inaugural event is set for next month’s FIFA World Cup final, where the top 19 TRUMP holders will receive a three-day complimentary luxury package: a stay at New York’s The Ritz-Carlton, a gala dinner, and access to a private suite at MetLife Stadium in New Jersey to watch the championship match. Zanker noted similar events will be held at least quarterly moving forward, focusing on major international events, with the goal of rewarding top holders and encouraging others to hold onto their TRUMP tokens. Since hitting its peak last January, the TRUMP meme coin has plummeted over 97%, its fully diluted valuation falling from nearly $75 billion around the eve of Trump’s second presidential inauguration to roughly $20 b

June 2nd — Per monitoring from Hyperinsight (via its Telegram channel @HyperInsight), Hyperliquid plans to use a Time-Weighted Average Price (TWAP) order to acquire over 10,000 HYPE spot tokens from 11 separate addresses, totaling more than 269,000 tokens worth approximately $19.62 million. All 11 addresses belong to a single whale that has been moving on-chain funds across multiple wallets and will continue buying over the next 24 hours. Here’s a full breakdown of its order activity: - Unfilled TWAP orders from yesterday: 83,500 tokens purchased, valued at roughly $6.01 million. - In the past two hours alone today, the whale added seven new orders (still in the early execution phase) targeting 185,000 tokens, worth around $13.53 million. A portion of these buy orders has already been filled. Based on existing placements, the net TWAP buy pressure for HYPE over the next 24 hours is projected at $13.5 million, with this single whale accounting for nearly 90% of the total TWAP buy-side

June 2: According to Bitget data, Tencent Holdings (00700.HK) has continued its upward momentum, with intraday gains rising to 4%. Earlier reports indicated that Tencent was nearing the launch of its WeChat AI Assistant.

June 2, Robinhood Markets announced it has closed the $180 million acquisition of Canadian digital asset services firm WonderFi, marking the U.S. fintech’s official entry into Canada’s cryptocurrency market. WonderFi operates two regulated Canadian crypto trading platforms: Bitbuy and Coinsquare. Following the purchase, Bitbuy and Coinsquare will be merged into Robinhood, with their respective users invited to continue using the Robinhood app for crypto activities. Robinhood noted that post-acquisition, its non-U.S. funded accounts now exceed 1 million—approximately 300,000 of which come from WonderFi’s customer base. The company will also continue supporting WonderFi’s existing collaborations with local Canadian institutions while expanding its own institutional crypto business in the region.

June 2nd – On-chain analyst Yin Jin notes that institutional buying and staking of HYPE have driven the token to a new all-time high, peaking at $75.8 this morning. On-chain data shows that over the past 10 hours, at least 1.136 million HYPE tokens (valued roughly $82.42 million) were withdrawn from exchanges and staked by major entities including the Bitwise Hyperliquid ETF (BHYP), a16z, and Galaxy Digital. Specifically: The Bitwise Hyperliquid ETF pulled 336,000 HYPE (≈$24.43 million) from Coinbase for staking; a16z took 300,000 HYPE (≈$21.58 million) from exchanges such as Kraken and OKX; an address starting with 0x279…BA8 withdrew 191,000 HYPE (≈$13.8 million) from Coinbase Prime; another address (0x9C4…6FC) moved 160,000 HYPE (≈$11.71 million) from Coinbase to stake; and Galaxy Digital staked 147,000 HYPE (≈$10.9 million).