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A major whale purchased 4,862.95 ETH in two on-chain transactions, totaling $12.49 million
According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that whale 0x160...a1cC2 purchased 4,862.95 ETH in two transactions on-chain, with a total value of $12.49 million and an average cost of $2,569 per ETH. Notably, the source of these funds previously swapped 411 BTC for 17,651.18 ETH (approximately $46.05 million) via ThorChain cross-chain transactions on May 21 and May 22. At that time, the ETH cost was $2,609.14 per coin. The whale then took advantage of the ETH price increase to sell decisively, earning an additional $104,000.
According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that whale 0x160...a1cC2 purchased 4,862.95 ETH in two transactions on-chain, with a total value of $12.49 million and an average cost of $2,569 per ETH. Notably, the source of these funds previously swapped 411 BTC for 17,651.18 ETH (approximately $46.05 million) via ThorChain cross-chain transactions on May 21 and May 22. At that time, the ETH cost was $2,609.14 per coin. The whale then took advantage of the ETH price increase to sell decisively, earning an additional $104,000.
Decentralized AI Training Platform FLock.io Sees Token Staking Surpass 60 Million, Accounting for 31% of Circulating Supply
Odaily Planet Daily reports that since the launch of gmFLOCK, community engagement within FLOCK has continued to rise. The latest data shows that the total amount of FLOCK staked has surpassed 60 million tokens, accounting for 31% of the current circulating supply, with an average lock-up period of 270 days. This fully demonstrates users' confidence in the platform's long-term development.
As one of the core mechanisms of the FLock.io economic model, gmFLOCK not only enhances the utility of the token but also accelerates the positive cycle within the platform's ecosystem. With the ongoing accumulation of long-term lock-ups, the circulating supply of FLOCK continues to decrease, community consensus is gradually building, and users are showing a positive outlook on the project's long-term value.
Odaily Planet Daily reports that since the launch of gmFLOCK, community engagement within FLOCK has continued to rise. The latest data shows that the total amount of FLOCK staked has surpassed 60 million tokens, accounting for 31% of the current circulating supply, with an average lock-up period of 270 days. This fully demonstrates users' confidence in the platform's long-term development.
As one of the core mechanisms of the FLock.io economic model, gmFLOCK not only enhances the utility of the token but also accelerates the positive cycle within the platform's ecosystem. With the ongoing accumulation of long-term lock-ups, the circulating supply of FLOCK continues to decrease, community consensus is gradually building, and users are showing a positive outlook on the project's long-term value.
Matrixport: Retail Trading Activity in the Crypto Market Remains Sluggish, with Most Retail Investors Appearing to Have Entered "Summer Vacation Mode" Early
According to a report by Jinse Finance, Matrixport's daily chart analysis indicates that retail trading activity in the crypto market has remained sluggish this year. The current spot daily trading volume has dropped to $775 million, and the average daily trading volume on a certain exchange has also shrunk to $5 billion, marking a new low since September 2024. The significant decline in trading volume reflects an overall waning enthusiasm among retail participants. Since the launch of the STRUMP meme coin in January, market trading activity has gradually cooled. With $782 million worth of TRUMP tokens set to be unlocked next week, the additional supply may further intensify selling pressure, and some holders may choose to cash out. If there is insufficient buying interest to absorb the supply, short-term volatility could increase. At present, the market lacks new catalysts, and most retail investors appear to have already entered "summer vacation mode."
According to a report by Jinse Finance, Matrixport's daily chart analysis indicates that retail trading activity in the crypto market has remained sluggish this year. The current spot daily trading volume has dropped to $775 million, and the average daily trading volume on a certain exchange has also shrunk to $5 billion, marking a new low since September 2024. The significant decline in trading volume reflects an overall waning enthusiasm among retail participants. Since the launch of the STRUMP meme coin in January, market trading activity has gradually cooled. With $782 million worth of TRUMP tokens set to be unlocked next week, the additional supply may further intensify selling pressure, and some holders may choose to cash out. If there is insufficient buying interest to absorb the supply, short-term volatility could increase. At present, the market lacks new catalysts, and most retail investors appear to have already entered "summer vacation mode."
A hacker on a certain exchange spent 12.5 million DAI to purchase 4,863 ETH
According to a report by Jinse Finance, Onchain Lens monitoring has revealed that a hacker, after stealing funds from a user of a certain exchange, has spent 12.5 million DAI to purchase 4,863 ETH at an average price of $2,569 per ETH. The hacker still holds a total of 45.36 million DAI across two wallets and is likely to continue buying more ETH.
According to a report by Jinse Finance, Onchain Lens monitoring has revealed that a hacker, after stealing funds from a user of a certain exchange, has spent 12.5 million DAI to purchase 4,863 ETH at an average price of $2,569 per ETH. The hacker still holds a total of 45.36 million DAI across two wallets and is likely to continue buying more ETH.
Abnormal Distribution of KOGE Trading Competition Prize Pool, One User to Be Banned for 52 Years
Odaily Planet Daily reported that KOGE’s official incident report states that due to a backend logic error during last week’s KOGE trading competition, the first user to click and claim the reward mistakenly received the entire prize pool—originally meant to be split among 2,713 users—totaling 1,807 KOGE (approximately $86,736). The funds from this user’s address have since been transferred to an exchange.
The official statement notes that if the user proactively contacts the team to return part of the funds, they will be allowed to keep 50% as a bug bounty. Until then, the address will be suspended from participating in the next 2,713 trading competitions. If there is no response, the earliest the user can participate again will be in about 52 years.
Odaily Planet Daily reported that KOGE’s official incident report states that due to a backend logic error during last week’s KOGE trading competition, the first user to click and claim the reward mistakenly received the entire prize pool—originally meant to be split among 2,713 users—totaling 1,807 KOGE (approximately $86,736). The funds from this user’s address have since been transferred to an exchange.
The official statement notes that if the user proactively contacts the team to return part of the funds, they will be allowed to keep 50% as a bug bounty. Until then, the address will be suspended from participating in the next 2,713 trading competitions. If there is no response, the earliest the user can participate again will be in about 52 years.
Virtuals: Genesis Airdrop Will No Longer Be Distributed Automatically, Users Must Claim Manually
According to Jinse Finance, the Virtuals Protocol team has announced an update to the Genesis mechanism, stating that Virgens now features a unified interface where users can view and claim all Genesis airdrops (if eligible). Genesis airdrops will no longer be distributed automatically; users who meet the eligibility criteria will need to claim them manually.
According to Jinse Finance, the Virtuals Protocol team has announced an update to the Genesis mechanism, stating that Virgens now features a unified interface where users can view and claim all Genesis airdrops (if eligible). Genesis airdrops will no longer be distributed automatically; users who meet the eligibility criteria will need to claim them manually.
Institutions: The Market Is Not Panicking Over Trump Tariffs
Odaily Planet Daily News: According to analysis by Jyske Markets, the market is showing some signs of nervousness ahead of the July 9 deadline for US tariff negotiations, but there is no sign of panic. Jyske noted that investors have adopted a wait-and-see attitude since the start of this week. Trump stated that tariff letters could be sent out as early as Monday to notify countries of new tariffs, while the US Secretary of Commerce indicated that the tariffs would not take effect until August 1. "Although there is some nervousness today, the market's reaction to the tariff situation appears to be much more relaxed, so a repeat of the panic seen after Liberation Day on April 25 is not expected." With little data scheduled for release this week, tariffs will remain the main focus. (Jin10)
Odaily Planet Daily News: According to analysis by Jyske Markets, the market is showing some signs of nervousness ahead of the July 9 deadline for US tariff negotiations, but there is no sign of panic. Jyske noted that investors have adopted a wait-and-see attitude since the start of this week. Trump stated that tariff letters could be sent out as early as Monday to notify countries of new tariffs, while the US Secretary of Commerce indicated that the tariffs would not take effect until August 1. "Although there is some nervousness today, the market's reaction to the tariff situation appears to be much more relaxed, so a repeat of the panic seen after Liberation Day on April 25 is not expected." With little data scheduled for release this week, tariffs will remain the main focus. (Jin10)
Australia's Monochrome Spot Bitcoin ETF Increases BTC Holdings to 937
According to official sources cited by Jinse Finance, the Australian Monochrome Spot Bitcoin ETF (IBTC) disclosed that as of July 4, its holdings had reached 937 bitcoins, with a market value of approximately 155 million AUD.
According to official sources cited by Jinse Finance, the Australian Monochrome Spot Bitcoin ETF (IBTC) disclosed that as of July 4, its holdings had reached 937 bitcoins, with a market value of approximately 155 million AUD.
Opinion: If This Bull Market Mirrors the Previous Two, There Are Six Months Left Until the Market Peaks
According to a report by Jinse Finance, analyst @ali_charts shared a market perspective stating that if this bull market cycle is similar to the previous two, there may still be six months until the next market peak.
According to a report by Jinse Finance, analyst @ali_charts shared a market perspective stating that if this bull market cycle is similar to the previous two, there may still be six months until the next market peak.
Data: In the past 7 days, BNB Chain cross-chain bridges saw a net inflow of $1.008 billion, while Ethereum experienced a net outflow of $986 million
Odaily Planet Daily – According to DefiLlama data, over the past week, BNB Chain led all public blockchains with a net cross-chain bridge inflow of $1.008 billion. Optimism and Mantle followed, with net inflows of $28.61 million and $13.33 million, respectively. In contrast, Ethereum, Arbitrum, and Flare saw net outflows of $986 million, $161 million, and $15.96 million, respectively.
Odaily Planet Daily – According to DefiLlama data, over the past week, BNB Chain led all public blockchains with a net cross-chain bridge inflow of $1.008 billion. Optimism and Mantle followed, with net inflows of $28.61 million and $13.33 million, respectively. In contrast, Ethereum, Arbitrum, and Flare saw net outflows of $986 million, $161 million, and $15.96 million, respectively.