Binance will airdrop 3500 EPT tokens to eligible users

June 4, According to Hyperinsight’s monitoring (via https://t.me/HyperInsight), the so-called "BTC OG Insider Whale" address has made a notable move: it significantly reduced its long Bitcoin (BTC) position, resulting in a loss of over $20 million in the past seven days. This address is currently the largest BTC long position holder on Hyperliquid, roughly $8,000 away from liquidation—meaning BTC would need to drop by approximately 11% to trigger a forced liquidation. Its open positions are as follows: - 5x Leveraged BTC Long: Position size of $78.3 million, average entry price of $76,117.30, unrealized loss of $18.7 million (a 92% drop), liquidation price of $54,400. - 3x Leveraged Zcash (ZEC) Long: Position size of $34.09 million, average entry price of $626, unrealized gain of $2.16 million (a 20% rise). Notably, this address once held over 50,000 BTC dormant for eight years, and its trading actions have long been highly aligned with Donald Trump’s statements and U.S. policy trend

June 4th – The "Prophet of New Stocks," Serenity, noted in a recent post that crypto-related names like COIN, HOOD, and CRCL are at a critical juncture this year. If the so-called "Crypto-Friendly U.S. Government" status and "Strategic Reserves" narratives don’t materialize, plus a bank lobbying-backed "Clarity Act"-style law is enacted, it could stifle crypto innovation. Serenity further pointed out these policies would likely limit yield-generating crypto products and constrain competing financial innovations, while also crimping market liquidity. However, from a macro lens, this could actually help strengthen the U.S. dollar system. She added that amid the current valuation pullback, these stocks may regain appeal for short-term traders.

Four hours ago, Ethereum treasury firm FG Nexus carried out an ETH sell-off, transferring 10,000 ETH (worth roughly $18.16 million) to Galaxy Digital, per ChainNews.

June 4 – According to HTX market data, Bitcoin has fallen below $62,000, currently trading at $61,996, marking a 7.15% drop in the past 24 hours.

On June 4th, data from Coinglass indicates total cryptocurrency network liquidations hit $1.03 billion over the past 12 hours. Breaking down the figures, $952 million stemmed from long-position liquidations, while short-position liquidations accounted for $77.55 million.

On June 4, Drift Protocol laid out its top immediate priorities: relaunching its platform and restoring revenue-generating capabilities to speed up the recovery of user funds. Once back online, the platform will target becoming Solana’s largest USDT perpetual swap trading venue, with all related earnings set aside for a dedicated user compensation fund. The protocol noted that it has made meaningful progress on the relaunch thanks to strategic support from Tether and other partners. To strengthen security, Drift has appointed Noah Prince—former engineering lead at Helium Protocol—as its new protocol lead, responsible for protocol restructuring and security system overhauls. Additionally, team members from Gauntlet have joined the relaunch effort to provide risk management and treasury design support, including liquidation engine audits, funding rate optimization, market parameter adjustments, and ongoing risk monitoring. Drift has also engaged cybersecurity firm Mandiant to conduct a