「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

On April 22, U.S. President Donald Trump announced a 15-minute extension to the Iran ceasefire agreement—sparking a $430 million bearish bet on crude oil and raising fresh suspicions of potential insider trading. Data shows this marks the third such "well-timed" large trade this month, and the fourth since the conflict began, ahead of major Middle East developments: - March 23: ~$500 million in bets on falling oil prices placed 15 minutes before Trump delayed strikes on Iranian power facilities; - April 7: $950 million short position established hours before the ceasefire was announced; - April 17: ~$760 million bearish bet placed 20 minutes before Iran said it would open the Strait of Hormuz; Total similar trades in April have topped $2.1 billion. Repeated "event-preceding trades" have drawn market focus to information leakage and regulatory arbitrage risks. Analysts note that amid highly sensitive geopolitics, such activity could raise concerns if it involves undisclosed

April 22 — The New York Post, citing a text message from U.S. President Donald Trump, said Wednesday that U.S.-Iran negotiations could begin as early as this Friday.

April 22 — U.S. news outlet Axios cited a U.S. source as saying President Trump is prepared to grant Iran an additional 3 to 5 days of ceasefire, but “this won’t be indefinite.”

April 22 — Cryptocurrency market maker GSR today announced its official entry into the ETF space, launching its first exchange-traded fund (ETF): the GSR Crypto Core3 ETF (ticker: BESO), which has listed on Nasdaq. The fund will invest in Bitcoin, Ethereum and Solana, and generate staking rewards when conditions permit. Per the fund’s description, the Core3 ETF uses an active management strategy, with plans to rebalance its holdings weekly, and carries a 1% management fee. GSR noted the product is among the first multi-asset crypto ETFs in the U.S. to support staking rewards. The launch comes amid rapid growth in the crypto ETF market. Since spot Bitcoin and Ethereum ETFs were approved in 2024, related products have expanded quickly, drawing traditional financial firms like Morgan Stanley and Goldman Sachs. GSR said the move marks its further expansion beyond market-making into asset management and capital markets services.

April 22nd — Cryptocurrency exchange Kraken announced it has filed roughly 56 million cryptocurrency transaction reports for the 2025 tax year with the U.S. Internal Revenue Service (IRS). Of those reports: - About 18.5 million transactions involve amounts under $1; - Over 74% of transactions are for less than $50; - Only roughly 8.5% exceed the $600 reporting threshold. Kraken noted the U.S. tax system lacks a "de minimis" rule for crypto payments, forcing users to calculate costs and gains for every transaction—even small daily purchases made with Bitcoin—creating a heavy compliance burden. Additionally, staking rewards are taxed as income when received, which can lead to "book income exceeding actual asset value" during price fluctuations. The exchange estimates active crypto users spend an extra $250 to $500 annually on tax software for related reporting. Kraken is calling on U.S. Congress to advance a broader de minimis policy (tied to inflation) and let users choos

April 22 — American Bitcoin, the Trump family’s mining firm, announced it has completed grid connection for roughly 11,298 ASIC miners, further advancing its expansion plan and boosting overall mining capacity. Data shows the expansion has pushed the company’s total self-owned hash rate to approximately 28.1 EH/s, a roughly 12% jump from pre-expansion levels. Total miner count now stands at around 89,242, with the newly added hash rate hitting ~3.05 EH/s and an energy efficiency of ~13.5 J/TH. On the operational front, ~58,999 miners are currently active, corresponding to a hash rate of ~25.0 EH/s and an average energy efficiency of ~14.1 J/TH. The firm noted this round of expansion will strengthen its structural advantage in Bitcoin accumulation.