Musk: The United States is Accelerating Towards the Abyss of Debt Serfdom

On June 6th, as monitored by The Data Nerd, a whale once again borrowed 5 million USDC from AAVE and transferred it to Wintermute to purchase 19,608 AAVE. Subsequently, all the AAVE was deposited back into AAVE, and then all these AAVE tokens were once again deposited into the Aave protocol. Currently, the address holds a total of 280,674 AAVE (approximately $69.66 million), with a total borrowed amount of 32.22 million USDC.

On June 6th, based on the monitoring of LookOnChain, the astute whale 0xcB9 prudently closed out a long position ahead of the drop in the ETH price yesterday and then reversed to take a short position. During the past two weeks, he has achieved a profit of $5.18 million on ETH.

On June 6th, Simon Gerovich, the CEO of the publicly traded Japanese company Metaplanet, announced on social media that "Metaplanet has launched the largest Bitcoin-related equity financing plan in Asia up to now: with a financing amount of 770.9 billion yen (approximately $5.4 billion), issuing 5.55 billion new shares through 'floating strike price warrants' at a premium to the market price, taking advantage of Metaplanet's high stock price volatility and strong liquidity." "Metaplanet plans to hold 100,000 BTC by the end of 2026. By the end of 2027, the number of Bitcoins will reach 210,000, accounting for 1% of the total Bitcoin supply."

On June 6th, as monitored by Onchain Lens, the wallet related to Mirana Venture transferred 72.17 million ENA to Binance, with a value of $21.45 million.

On June 6th, Matrixport released a weekly report indicating that the upward momentum of Bitcoin is waning and cracks are starting to emerge in the U.S. macroeconomic backdrop. Two crucial economic indicators have recently dropped to multi-month lows. However, most investors' attention is still concentrated on ETE fund flows. In fact, funding dynamics, stablecoin activities, and forward-looking data all suggest that the market may be undergoing a more substantial shift. As U.S. macroeconomic data begins to show signs of softening, we may be entering a period of uncertainty. The recent strong performance in demand is likely due to the market's accelerated execution of orders in anticipation of Trump's tariff policy. But this activity seems to be normalizing. Policymakers may be worried that the tariff policy will reignite inflationary pressures, so they are maintaining caution and are reluctant to prematurely ease policies. We have previously pointed out that if Bitcoin breaks above $8

On June 6th, as per Cointelegraph, Carlo Pruscino, an analyst at CMC Markets, stated that the Federal Reserve is anticipated to maintain interest rates unchanged this month. However, an unexpected rate cut could potentially drive Bitcoin to a new all-time high. If the Fed cuts rates earlier than what the market anticipates, it could propel the Bitcoin price back up to $112,000. Pruscino said, "If the next two rate cuts occur earlier, this will exert a significant influence on the future price trend of Bitcoin and other cryptocurrencies. The upside target that is on traders' minds at present is $112,000, which is a crucial psychological level." Pruscino also stated that the Fed has "sufficient data" to make a decision. Nevertheless, due to Trump's tariff policy, the Fed still faces uncertainties. The US Bureau of Labor Statistics' US jobs report, which is scheduled to be released on June 6th, will serve as a key indicator for the Fed's rate cut decision and the recent price trend of B