Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

### Bitcoin’s Bottoming Traits Lacking Key Capitulation Signal: Analyst Crypto market analyst Axel Adler Jr. noted on June 22 that on-chain data shows Bitcoin’s market is mirroring the supply structure of a cycle bottom—though a critical “surrender indicator” has yet to confirm a bottom formation. The total supply held by Bitcoin’s long-term holders (LTHs) is climbing. Historically, this metric spikes sharply near cycle lows; today it sits at ~12.17 million BTC, hitting a recent local peak of 12.42 million BTC in early June. While it’s pulled back slightly since, it still boasts strong year-over-year growth: over the past year, the figure has more than doubled, signaling coins are steadily shifting from short-term traders to stable long-term holders. This transition boosts market resilience, as fewer Bitcoin remain in active circulation—reducing potential selling pressure and pointing to chip consolidation. But gaps remain to hit historical bottom levels: At 2015’s low, LTH-he

June 22 update from Hyperinsight Monitoring (Telegram: t.me/HyperInsight): As of press time, MU’s 24-hour trading volume on Hyperliquid sits at roughly $62.43 million, with a 12-hour rise of about 2.13%. In news driving the sector, the storage space is gaining strength—Micron is set to announce its earnings this week, and Citigroup has raised its price target for the stock to $1,200. On Hyperliquid, the wallet address 0x3200 opened a new 10x leveraged long position in MU today, with the position valued at approximately $10.57 million and an average entry price of 1169.1. Meanwhile, aggregate large short positions in MU remain dominant overall: total short positions stand at around $72.84 million, compared to long positions of roughly $40.01 million, meaning short position volume is 1.82 times that of longs. Full Wallet Address: 0x32008fcb6bbd16532afc83ca8b6c920dde22c407

On June 22, monitoring by Hyperinsight revealed a whale crypto address (0x519c...6a47) opened a long position in xyz: MRVL (Marvell Technology) totaling approximately $8 million over the past eight hours. The MRVL position was entered at an average price of $313.8, with a liquidation threshold near $264. Separately, the same address holds a long position in xyz:SPCX worth about $5.38 million, with an average entry price of $204.65 and a liquidation price of $137. Marvell is a U.S.-based semiconductor design company, with its core business focused on data center and AI infrastructure. For its 2026 fiscal year, the firm posted a net profit of $2.274 billion, marking a year-over-year surge of over 300%. Its current market capitalization stands at roughly $270 billion. NVIDIA CEO Jensen Huang has publicly commented that Marvell is poised to become the next trillion-dollar market cap company.

June 22 — According to official sources, Binance will gradually launch a new batch of TradFi perpetual contract trading pairs starting at 21:30 Beijing time today. The new trading pairs include stocks such as LRCX, KLAC, ALAB, SMCI, CIEN, KORU, and SONY.

June 22 – According to Bitget market data, pre-market trading for U.S.-listed SpaceX (ticker: SPCX) fell 3.58% ahead of regular session hours. Meanwhile, the broader storage sector saw widespread gains, with key players in the space posting positive moves: Seagate Technology (STX) advanced 2.82%, Western Digital Corporation (WDC) surged 4.19%, SanDisk (SNDK) rose 3.3%, and Micron Technology (MU) notched a 2.84% gain.

June 22 – JPMorgan Chase is highlighting a new growth cycle for the custom application-specific integrated circuit (ASIC) market, as leading cloud computing firms and tech giants move away from exclusive reliance on general-purpose graphics processing units (GPUs) to cut AI computing costs and improve efficiency. Broadcom and Marvell Technology Group stand to be the biggest beneficiaries of this shift, according to the U.S. bank’s analysis. In a recent semiconductor industry research note, JPMorgan analysts Harlan Sur and Mayur Ramdhani project the global digital AI ASIC market will reach $600 billion to $700 billion by 2026, with a compound annual growth rate (CAGR) of 40% to 50% in the coming years. Currently, Broadcom controls 80% to 85% of the high-end AI ASIC market, while Marvell holds a 10% to 12% share, the report states. Booming AI computing demand is reshaping chip procurement models, JPMorgan noted. Customers including Google, Amazon, Meta, Microsoft, OpenAI, SoftBank, and