「Whale Friend」 Increases Ethereum Long Position, Holding $34.4 Million

June 7. According to official sources, OlaXBT announced its $AIO MiCAR whitepaper has completed the regulatory notification process and been submitted to relevant national regulatory authorities, successfully joining the European Securities and Markets Authority (ESMA) MiCA registration framework. The company’s official statement noted this milestone signifies the project’s successful achievement of its phase goal for information disclosure and compliance transparency, formally establishing its compliant disclosure status under the EU’s regulatory framework. Additionally, OlaXBT has officially launched the "U.S. Stock AI Signal" feature. Built on the platform’s proprietary AI analysis model, this tool provides users with data analysis and investment insights for the U.S. stock market, further expanding AI applications in financial market research and decision-making support.

June 6: After a roughly 30% drop over the past month, Bitcoin’s daily Relative Strength Index (RSI) has fallen to around 15.5 — its lowest level since the March 2020 pandemic market crash, signaling the asset is in a severely oversold condition. Per analysis, comparable RSI levels were seen during the 2020 pandemic sell-off and the February 2026 correction, following which Bitcoin rallied approximately 50% and 30% respectively. Currently, bulls are holding firm at the critical $60,000 support level. If this level holds, Bitcoin is likely to stage a technical bounce toward the ~$70,650 zone (where the 20-day exponential moving average, or EMA, sits) in the coming weeks; a break below $60,000 could push it to test the mid-$50,000 range. Bitcoin’s short-term holders have seen their profit/loss ratio hit an all-time low, indicating a large number of recent buyers are exiting at a loss, and market sentiment is nearing panic. Crypto analyst Scott Melker noted that roughly 5.3 million Bitco

**Headline: Zcash Unveils Ironwood Network Upgrade & Shielded Pool, Slated to Launch Late July 2026** On June 6, the Zcash Open Development Lab (ZODL) — in partnership with Tachyon, Valar Group, Zcash Foundation, and Shielded Labs — announced a new network upgrade and shielded pool named Ironwood, set to go live by the end of July 2026. Exact timing depends on testing progress and alignment with ecosystem stakeholders. Ironwood builds on the existing Orchard protocol, adding formal verification and independent security audits to reinforce its security. A "Turnstile" mechanism will validate all ZEC supply transferred from Orchard to Ironwood, letting anyone audit Zcash’s circulating supply to boost protocol transparency and safety. ZODL also shared that a recent integrity vulnerability in Orchard was uncovered during ongoing security research and fixed via a coordinated upgrade. There is no evidence the flaw was exploited, no user funds were compromised, and the total ZEC suppl

June 6. Even after Terraform Labs founder Do Kwon got handed a 15-year prison sentence for triggering the $40 billion Terra collapse, the original, abandoned Terra Luna Classic (LUNC) chain hasn’t vanished. A core group of community members is still keeping the network running, holding out hope for one of the biggest comebacks in crypto history. According to reports, a key LUNC community member going by the name “Vegas” lost roughly $50,000 in the 2022 Terra meltdown. Since then, he’s stayed busy running validator nodes, voting on governance proposals, and coordinating with developer teams. He says despite years of infighting, fraud allegations, and even being falsely reported to regulators, he’s convinced LUNC has what it takes to claw its way back into crypto’s top 10 by market cap. After the 2022 Terra collapse, Terraform Labs hard-forked to launch a new Terra chain—while the original chain was kept around and rebranded as Terra Luna Classic. Soon after, the community group Terra

June 6 local time, the U.S. Central Command (CENTCOM) announced in a statement that Iran launched seven ballistic missiles at Kuwait and Bahrain on Friday local time. U.S. forces successfully intercepted six of the missiles, while one missed its intended target. Earlier the same day, U.S. military assets also shot down four Iranian drones heading toward the Strait of Hormuz, and subsequently conducted strikes on multiple Iranian coastal surveillance radar facilities to halt further attacks. The Islamic Revolutionary Guard Corps (IRGC) stated its missile and drone strikes targeted the U.S.-occupied Ali Al-Salem Air Base in Kuwait and the U.S. Fifth Fleet based in Bahrain. Kuwait’s military assisted in intercepting the incoming missiles and drones, while Bahrain briefly activated its air defense sirens in response. Despite ongoing hostilities, U.S. President Donald Trump commented that the “Iran situation seems to be progressing quite nicely,” adding that the U.S. will “resolve the Ira

BREAKING (June 6) – Per EmberCN monitoring, the 10,000 ETH Longling Capital previously transferred to Binance are suspected to have been sold. Meanwhile, the firm’s associated address withdrew 21.94 million USDT from the crypto exchange. On-chain data shows the address currently holds 95,845 ETH deposited on Aave (valued at ~$149 million), with a borrowed balance of 91.33 million USDT. The liquidation price for its ETH positions is approximately $1,148. Industry analysis suggests Longling Capital’s partial ETH sale and increased stablecoin holdings this time are likely aimed at optimizing its asset-liability structure, reducing leverage, and lowering the liquidation threshold to improve its position’s safety margin amid market fluctuations.