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Forward Industries deposited 455,800 SOL to Coinbase Prime, equivalent to $31.87 million

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June 5 — On-chain analytics platform LookOnChain’s monitoring shows that Solana (SOL) treasury firm Forward Industries has racked up an unrealized loss of nearly $1.13 billion on its SOL holdings. After staying quiet for a month, the company transferred 455,784 SOL into Coinbase Prime, a deposit valued at roughly $31.87 million. Since launching its Solana treasury strategy back in September 2025, Forward Industries has spent approximately $1.59 billion to purchase 6.83 million SOL, at an average price of $232.08 per token. At current market levels, that entire portfolio of 6.83 million SOL is only worth around $458.6 million.
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A certain ZEC trader was less than $6 away from being liquidated, suffering a loss of over $3 million within the day

June 5 – Per Hyperinsight monitoring, a recent analysis from the Hyperliquid platform has identified a trader focused on holding a long position in ZEC. Ahead of today’s settlement price, the trader executed multiple rounds of manual deleveraging, gradually lowering their liquidation line to mitigate risk. The wallet address in question had previously amassed a long position of 13,000 ZEC. Now, their holdings have shrunk to 5,080 ZEC – roughly $2.02 million – with a liquidation price set at $383.8. This makes it the closest million-level position address to liquidation currently. As of press time, ZEC trades around $388, putting the address less than $6 away from being liquidated. The remaining position carries an unrealized loss of approximately $700,000, equal to 2.5 times its initial margin. Adding in losses from earlier deleveraging rounds, the total accumulated loss over the past 24 hours hits $3 million. Wallet Address: 0xb2662fca65f6446b8b1898340118d44d680a4449 Addit

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Greeks.live: This Week the Crypto Market Dominated by Bears, BTC and ETH at Key Support Levels

On June 5th, Adam, a researcher at GreekLive, published a post noting that 25,600 Bitcoin (BTC) options were set to expire that day. The put-call ratio stood at 0.56, with a maximum pain point (MP) of $70,500 and a notional value of $16.2 billion. Additionally, 155,000 Ethereum (ETH) options expired, with a put-call ratio of 0.92, an MP of $2,000, and a notional value of $2.7 billion. This week, Bitcoin saw a sharp plunge, hitting near $60,000 at its lowest point. The rapid drop pushed both BTC and ETH prices well below their respective maximum pain support levels. The bearish trend further worsened already low market sentiment: only 6% of this week’s options expired, shifting most of the market’s focus to U.S. stocks. Looking at key options data, as prices continued to fall, Bitcoin’s Gamma Exposure (GEX) landed between $60,000 and $63,000, with a notable negative skew on the Skew index. Despite the large price swing, implied volatility (IV) edged slightly higher after last month’s

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Hwang Ren-hong: Will Allocate Memory Supply in the Most Prudent Manner, All Three Memory Manufacturers Have Qualified Supply for HBM4

June 5: NVIDIA CEO Jensen Huang announced the company will allocate memory supplies as prudently as possible, adding that all three memory manufacturers have qualified to supply HBM4.

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OKX Star: X Layer to Soon List xStocks' US Stock Token

On June 5, OKX founder and CEO Star stated, “Tokenized stocks are among the most important real-world asset (RWA) use cases. We anticipate xStocks will launch on X Layer soon, bringing global equities onto the blockchain and expanding access to capital markets.” According to reports, X Layer has previously formed a strategic partnership with regulated tokenized stock issuance platform xStocks. Assets associated with xStocks will gradually be integrated into the X Layer ecosystem and OKX Wallet. Star believes access to the global market should be as open as access to information.

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Affected by the "New Stock God" Serenity's pump signal, Green Harmony surged 20% to hit the price limit.

June 5: Data from Bitget shows Green Harmony (stock code: 688017) surged 20% to hit its daily trading limit, now trading at 393 yuan. The rally was driven by a "pump signal" from Serenity, a figure widely referred to as the "IPO God" in related circles. Earlier reports note that Serenity has named Green Harmony as his top Chinese IPO pick for his humanoid robot investment portfolio. The company is currently valued at roughly 57.73 billion yuan. China is clearly leading in scalable mass production, with many Western companies struggling to bring their costs down to Green Harmony’s level. As physical AI moves toward large-scale deployment, he remains very optimistic about its prospects in the robotics sector.

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ZachXBT Warns of Rain Protocol Risk: Advises Against Interacting with the Platform, RAIN Price May Be Susceptible to On-Chain Manipulation

June 5th – On-chain sleuth ZachXBT has issued a community alert urging crypto users to avoid interacting with Rain Protocol (RAIN) "at all costs." He highlighted that while RAIN currently holds an ~$8.8 billion market cap, placing it in the top 15 crypto assets, its fundamentals as a prediction market are deeply problematic: it has minimal user adoption, limited product traction, no high-profile supporters, and the project’s team credibility within the crypto space is highly suspect. On-chain traced addresses linked to the RAIN team show ties to the Gems hot wallet and centralized exchange (CEX) deposit addresses—these same addresses previously moved funds for failed projects including Data Ownership Protocol (DOP) and TOMI, signaling a potential overlap in core team members. ZachXBT also flagged red flags of on-chain price manipulation for RAIN: related addresses connect to Uniswap V3 liquidity providers (LPs) alongside the token’s deployer, and on-chain fund transfers are obfus

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