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On June 4th, according to monitoring by Lookonchain, the well-known whale 7Siblings, recognized for 'buying the dip during market crashes,' has made another move. About an hour ago, it borrowed 10 million USDT from the Spark protocol and subsequently purchased 5,589 ETH at an average price of approximately $1,789, totaling around 10 million dollars.

[7Siblings Acquires 5,589 ETH by Borrowing 10 Million USDT]On June 4th, according to monitoring by Lookonchain, the well-known whale 7Siblings, recognized for 'buying the dip during market crashes,' has made another move. About an hour ago, it borrowed 10 million USDT from the Spark protocol and subsequently purchased 5,589 ETH at an average price of approximately $1,789, totaling around 10 million dollars.

7Siblings Acquires 5,589 ETH by Borrowing 10 Million USDT

Market data shows that BTC has surpassed $63,000, currently priced at $63,012.59, with a 24-hour decline of 5.48%. The market is highly volatile, so please ensure proper risk management.

[BTC Surpasses $63,000]Market data shows that BTC has surpassed $63,000, currently priced at $63,012.59, with a 24-hour decline of 5.48%. The market is highly volatile, so please ensure proper risk management.

BTC Surpasses $63,000

On June 4, according to HTX market data, Bitcoin has fallen 17% in approximately three days since entering June, reaching a low of $61,383. Meanwhile, data from Coinglass shows that although Bitcoin's price has dropped close to the low of February 6, the market sentiment reflected in the funding rates is not as pessimistic as it was at that time. As of the time of publication, the funding rates for BTC and ETH on major platforms remain positive, with no large-scale shift to negative rates. This indicates that market participants are viewing this decline as a correction, or even a potential second bottom, rather than aggressively shorting.

[Bitcoin Drops 17% in Three Days, Funding Rates Indicate Investors Are Not Aggressively Shorting]On June 4, according to HTX market data, Bitcoin has fallen 17% in approximately three days since entering June, reaching a low of $61,383. Meanwhile, data from Coinglass shows that although Bitcoin's price has dropped close to the low of February 6, the market sentiment reflected in the funding rates is not as pessimistic as it was at that time. As of the time of publication, the funding rates for BTC and ETH on major platforms remain positive, with no large-scale shift to negative rates. This indicates that market participants are viewing this decline as a correction, or even a potential second bottom, rather than aggressively shorting.

Bitcoin Drops 17% in Three Days, Funding Rates Indicate Investors Are Not Aggressively Shorting

On June 4, 'New Stock Guru' Serenity stated that crypto concept stocks like COIN, HOOD, and CRCL are approaching an annual moment. If the narratives of a 'friendly U.S. government' and 'strategic reserves' fail to materialize, and if bank-lobbied legislation similar to the 'Clarity Act' is enacted, it may suppress crypto innovation. Serenity further pointed out that such policies could limit yield-generating products and competitive financial innovations in the crypto space, while also weakening market liquidity. However, from a macro perspective, this may help strengthen the dollar system. Additionally, it noted that under the current valuation correction backdrop, these stocks may regain attractiveness for short-term traders.

[New Stock Guru Serenity: Crypto Concept Stocks May Re-attract Swing Trading Funds]On June 4, 'New Stock Guru' Serenity stated that crypto concept stocks like COIN, HOOD, and CRCL are approaching an annual moment. If the narratives of a 'friendly U.S. government' and 'strategic reserves' fail to materialize, and if bank-lobbied legislation similar to the 'Clarity Act' is enacted, it may suppress crypto innovation. Serenity further pointed out that such policies could limit yield-generating products and competitive financial innovations in the crypto space, while also weakening market liquidity. However, from a macro perspective, this may help strengthen the dollar system. Additionally, it noted that under the current valuation correction backdrop, these stocks may regain attractiveness for short-term traders.

New Stock Guru Serenity: Crypto Concept Stocks May Re-attract Swing Trading Funds

On June 4th, according to official data, the total transaction volume of NEAR Intents has surpassed $20 billion. Currently, NEAR Intents supports multi-asset cross-chain transactions including native BTC, ZEC, and SOL, and will continue to expand to more liquidity sources and agent economic scenarios.

[NEAR Intents Total Transaction Volume Exceeds $20 Billion]On June 4th, according to official data, the total transaction volume of NEAR Intents has surpassed $20 billion. Currently, NEAR Intents supports multi-asset cross-chain transactions including native BTC, ZEC, and SOL, and will continue to expand to more liquidity sources and agent economic scenarios.

NEAR Intents Total Transaction Volume Exceeds $20 Billion

On June 4th, according to monitoring by Yu Jin, the Ethereum treasury company FG Nexus reduced its holdings of ETH 4 hours ago, transferring 10,000 ETH (approximately $18.16 million) to Galaxy Digital.

[FG Nexus Transfers 10,000 ETH to Galaxy Digital]On June 4th, according to monitoring by Yu Jin, the Ethereum treasury company FG Nexus reduced its holdings of ETH 4 hours ago, transferring 10,000 ETH (approximately $18.16 million) to Galaxy Digital.

FG Nexus Transfers 10,000 ETH to Galaxy Digital

On June 4, 'New Stock Guru' Serenity stated, 'I purchased IBIT and ETHA today at average prices of $62,000 and $1,750, respectively. These are just for swing trading, not for long-term holding. However, a price drop will put pressure on HOOD, COIN, and other related assets.'

[New Stock Guru Serenity Accumulates IBIT and ETHA at Average Prices of $62,000 and $1,750]On June 4, 'New Stock Guru' Serenity stated, 'I purchased IBIT and ETHA today at average prices of $62,000 and $1,750, respectively. These are just for swing trading, not for long-term holding. However, a price drop will put pressure on HOOD, COIN, and other related assets.'

New Stock Guru Serenity Accumulates IBIT and ETHA at Average Prices of $62,000 and $1,750

On June 4, market data shows that the price of OPN has increased by as much as 110%, currently reported at $0.2104, with a 24-hour increase of 78%. According to informed sources, the Opinion team is in communication with regulatory authorities in multiple jurisdictions regarding event contract clearing licenses and compliance matters for derivative trading platforms.

[OPN Surges Against Market Trends, 24-Hour High Increase of 110%]On June 4, market data shows that the price of OPN has increased by as much as 110%, currently reported at $0.2104, with a 24-hour increase of 78%. According to informed sources, the Opinion team is in communication with regulatory authorities in multiple jurisdictions regarding event contract clearing licenses and compliance matters for derivative trading platforms.

OPN Surges Against Market Trends, 24-Hour High Increase of 110%

On June 4, data from Coinglass revealed that over the past 12 hours, a total of $1.03 billion was liquidated across the network, with long positions accounting for $952 million and short positions for $77.55 million.

[Over $1.03 Billion Liquidated in the Last 12 Hours, Primarily Long Positions]On June 4, data from Coinglass revealed that over the past 12 hours, a total of $1.03 billion was liquidated across the network, with long positions accounting for $952 million and short positions for $77.55 million.

Over $1.03 Billion Liquidated in the Last 12 Hours, Primarily Long Positions

On June 3, local time June 2, the U.S. Department of the Treasury's Office of Foreign Assets Control announced an update to the Specially Designated Nationals and Blocked Persons List, adding several Iranian cryptocurrency exchanges and related individuals to the sanctions list. (CCTV News)

[US Sanctions Iranian Cryptocurrency Exchanges and Related Individuals]On June 3, local time June 2, the U.S. Department of the Treasury's Office of Foreign Assets Control announced an update to the Specially Designated Nationals and Blocked Persons List, adding several Iranian cryptocurrency exchanges and related individuals to the sanctions list. (CCTV News)

US Sanctions Iranian Cryptocurrency Exchanges and Related Individuals

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

Strategy Ends Bitcoin Buying Streak With Rare Sale—How Much Did It Sell?

Over $1 Billion in Cryptocurrencies Forced to Liquidate, Bitcoin Plunges 6% Below $67,000

Bulls Approach the Ceiling

Article

BTC falls below 66000 USDT

Addresses Holding 10 to 10,000 Bitcoins Reduced Holdings by 24,602 Bitcoins Last Week

US Sanctions Iranian Cryptocurrency Exchanges and Related Individuals

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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