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

June 7, based on EmberCN monitoring: The “Binance Whale” has made continuous purchases of Binance Whale tokens worth $10 million over the past 24 hours, lifting the token’s price by 15%. In detail, an on-chain buying address acquired 8.62 million Binance Whale tokens (valued at $6.33 million), while a CEX withdrawal address moved 5.666 million tokens out of Binance 8 hours ago, totaling $4.07 million. Since the start of June, cumulative purchases of Binance Whale tokens have reached 56.887 million, amounting to $39.1 million with an average price of $0.687 per token.

June 7: According to monitoring from Onchain Lens, an address linked to the Plasma team deposited 150 million XPL into Binance roughly 5 hours ago, valued at around $9.64 million. The receiving address is suspected to be tied to the Plasma team, and the team has not released an official statement regarding this transaction as of now.

On June 7th, monitoring by Whale Alert shows that the USDC Treasury has minted an additional 250 million USDC on the Solana blockchain—this minting took place just 20 minutes ago.

June 7 — DWF Labs co-founder Andrei Grachev has noted that BitMine and Strategy stand a significant chance of triggering the largest cryptocurrency market crash in history. I’m crossing my fingers this doesn’t come to pass, but should Bitcoin collapse to $10,000–$20,000, users will need to consider what strategy to adopt for such a scenario. Against the backdrop of the recent, ongoing pullback in the crypto market, Michael Saylor’s Strategy holds 843,706 BTC at an average price of $75,699, resulting in an unrealized paper loss of approximately $12.27 billion. Meanwhile, Tom Lee-backed Ethereum treasury firm BitMine currently holds 5,416,901 ETH at an average price of $3,500, with an accompanying paper loss of around $10.35 billion.

June 7 — (CCTV Report) According to local time on June 6, the Israeli military launched airstrikes on multiple areas of the Gaza Strip, killing at least 7 Palestinians and leaving several others wounded. On the evening of June 6, an Israeli airstrike hit a tent sheltering displaced people in western Gaza City, killing 6 people including 2 women and injuring at least 15 others, most of them children. Separately earlier that day, a Palestinian youth died after Israeli forces attacked his tent in Khan Younis, southern Gaza.

June 7 – With no breakthrough on securing oil tanker passage through the Strait of Hormuz, global oil inventories are plunging to perilously low levels. Industry leaders and analysts are warning that another significant oil price shock could hit in the coming weeks, severe enough to spill over into broader financial markets. JPMorgan Chase forecasts oil prices could spike rapidly in late June unless normal passage through the strait resumes. U.S. crude inventories have fallen for eight straight weeks, hitting their lowest point since February 2024. Analysts note the risk of a second price shock is very real, stemming from depleted buffer mechanisms rather than a full closure of the strait itself. Investors view the Strait of Hormuz as a persistent geopolitical bottleneck; even if tensions ease, oil prices are unlikely to drop below $70 per barrel. Higher oil prices pose a “mild headwind” to the U.S. economy, while Europe and Asia are far more vulnerable to sustained energy inflation.