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1. On-chain Funds: $10.9M Flows into Ethereum; $4.7M Flows out of Unichain 2. Largest Price Swings: $RVN, $LAUNCHCOIN, $FARTCOIN 3. Top News: Over Sixty Percent of Frequent Traders on pump.fun Suffered Losses in the Past Six Months; 311 Addresses Made Over $1M Profit
As the US dollar faces challenges and the ECB lowers rates, Bitcoin emerges as a potential safe haven for investors seeking to avoid further dollar devaluation.
Shibarium, Shiba Inu’s Layer-2 solution, has struggled with user engagement and adoption. Its future depends on evolving into a robust ecosystem beyond meme token hype, which will impact BONE's market performance.
Investors' Confidence Shaken as Bitcoin Faces Pressure from ETF Outflows and Weakening Fundamentals
Analyzing the Surge in Bitcoin Realized Profits: Intense Selling Activity Sparks Concerns of Potential Market Downturn
The Unseen Billionaire: From Surpassing Gates to Potentially Outdoing Musk with His Crypto Fortune
- 16:52Saros Foundation Launches Quarterly Token Buyback Program, Acquires 100 Million SAROS in First RoundAccording to ChainCatcher, as reported by The Block, the decentralized trading protocol Saros has announced the launch of a long-term token buyback program, with the first phase already acquiring 100 million SAROS tokens (approximately $38 million). The foundation stated that the recent increase in token price is partly due to ongoing buybacks. Moving forward, 20% of the protocol’s quarterly revenue will be allocated to buybacks, with the scale gradually expanding as revenue grows. According to the announcement, all buyback funds are sourced entirely from protocol revenue, aiming to return the value generated by ecosystem development to the community. Saros has committed to publishing an annual transparency report on buyback progress and plans to expand the utility of SAROS tokens in scenarios such as staking incentives and governance.
- 16:52Analysis: Several Whales Employing Aggressive Rollover Strategies Suffer Significant LossesAccording to ChainCatcher, on-chain analyst Yujin has observed that several whales with similar investment strategies have ended up with almost identical outcomes: aggressive compounding strategies, starting with small amounts, achieving significant profits, and then suffering heavy losses or losing everything. James Wynn: Achieved $87 million in profits by the end of May, but not only gave back all the gains, he also lost $21.77 million of his principal. At his peak in late May, he opened a massive $1.23 billion BTC long position on Hyperliquid. AguilaTrades: Has currently lost $40 million. "Insider Whale" @qwatio: Turned $3 million into $26 million in profits, only to lose it all, including the principal and gains.
- 16:52Data: Circle Issues 50 Million Additional USDCAccording to ChainCatcher, on-chain data shows that Circle (USDC Treasury) minted an additional 50 million USDC on the Ethereum network today at 23:16 (GMT+8).