Strategy's $12.27 billion Unrealized Loss Exceeds "Sibling Rival" BitMine

On June 6, monitoring from Onchain Lens showed that a certain over-the-counter (OTC) whale—wallet address 0xFB7—made another purchase of 29,000 ETH from FalconX, worth approximately $46.69 million. At present, the whale holds 151,588 wsETH, equivalent to around 187,460 ETH, totaling about $2.9619 billion.

HONG KONG, June 6 — A spokesperson for the Hong Kong Monetary Authority (HKMA) told Radio Television Hong Kong (RTHK)’s website that the Hong Kong regulator consistently maintains close, regular communication with mainland Chinese financial authorities. The remarks respond to a recent circular from Hong Kong’s Securities and Futures Commission (SFC) requiring brokers to take enhanced measures for opening and managing accounts belonging to mainland Chinese investors. The HKMA has also ordered Hong Kong banks to uphold the same high business standards outlined in that SFC circular, the spokesperson added. Banks across Hong Kong have already implemented the HKMA’s latest regulatory requirements to ensure compliant, orderly account-opening processes, per the spokesperson. The HKMA further emphasized that Hong Kong banks have long followed rigorous onboarding procedures as standard regulatory practice. Mainland residents may use various legitimate cross-border investment channels to allo

June 6 – According to Iran’s Tasnim News Agency, the Public Relations Department of the Islamic Revolutionary Guard Corps (IRGC) announced that air-to-surface missiles were used to strike enemy bases in the region in response to U.S. military aggression against Sirik and Qeshm Island. The report is cited via Caijing.

According to HTX market data, Bitcoin fell below $61,000 on June 6, marking a 3.6% decrease over the 24-hour trading period.

WISCONSIN, June 6 (Xinhua News Agency) — U.S. President Donald Trump told supporters at a campaign rally in a rural Wisconsin agricultural region on June 5 that he will quickly end the standoff with Iran to curb the high costs driven by the conflict. “We will soon be getting out of the Iran situation,” Trump said at the event, adding that fertilizer prices would drop significantly back to levels seen four months ago. As the midterm elections approach, American media widely view the U.S.-Iran conflict as a key factor driving up oil prices and raising living costs—creating pressure on the Republican Party’s electoral prospects. Within the GOP, there are growing hopes that Trump will resolve the Iran issue quickly to eliminate its electoral drag and refocus on economic and livelihood issues. Per NBC News, Trump noted on June 5 that Iranian leaders have not yet reached an agreement with the U.S. to end the conflict, but insisted they “have no choice” but to strike a deal. He claimed the U

June 6 Crypto Update: ETH Whale Leverages Aave to Buy $59.7M of Ether During Downturn, Faces $6M Unrealized Loss On June 6, on-chain analyst Welson reported that a large crypto whale has been steadily accumulating Ether (ETH) amid the token’s recent slump—using leverage to scoop up even more ETH via decentralized lending platform Aave. Over the past 24 hours, the whale borrowed a total of $100 million in USDT from Aave, which it used to purchase 59,742 ETH at an average price of roughly $1,681 per coin. At current ETH prices, this leveraged position is sitting on an unrealized loss of about $6 million. Right now, the whale holds a total of 133,800 ETH, valued at around $212 million based on today’s rates. Its two leveraged trades have liquidation prices set at $1,356 and $1,170 per ETH, respectively. If ETH continues to decline, both positions remain at significant risk of being liquidated.