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A whale has increased its 50x short position on SP500 to $147 million, with floating profits of $1.4 million

Odaily reports, according to Onchain Lens monitoring, a whale has further increased its 50x short position on SP500, currently holding 20,000 SP500 tokens worth $147.16 million, with floating profits of $1.4 million.

Sun Yuchen withdrew 12,000 ETH from Poloniex 20 minutes ago, valued at approximately $19.5 million.

According to on-chain analyst Ai Aunt (@ai 9684xtpa), Sun Yuchen withdrew 12,000 ETH from Poloniex 20 minutes ago, valued at approximately $19.5 million.

WLFI team deposits another 177 million tokens into Binance, worth $9.73 million

Odaily reports, according to onchain analyst Ai Yi's monitoring, the WLFI team (0xFef...b14B) has once again deposited 177 million tokens, worth $9.73 million, into Binance; Binance USD1 staking and wealth management activities will be renewed again.

STG surges over 40%, an address withdraws 8 million STG worth $2.2 million from Gate

according to on-chain analyst Yujin's monitoring, STG surged over 40% after an address withdrew 8 million STG, worth $2.2 million, from Gate. Following STG's acquisition by ZRO, it can only be unidirectionally exchanged for ZRO at a fixed rate of 1 STG to 0.08634 ZRO. The price of ZRO is $0.84, which, according to the exchange rate, corresponds to a STG price of approximately $0.07. The current STG price is $0.36.

A Hyperliquid whale shorted the S&P 500 with 50x leverage, achieving a paper profit of up to $3.6 million.

According to Hyperinsight monitoring, yesterday evening, a whale on the Hyperliquid platform continuously opened and added to a short position on the S&P 500 with 50x leverage. The position was fully established by 9:50 p.m. yesterday, reaching a total of 20,000 contracts—approximately $147 million—with an average entry price of $7,428. At the time of the final addition, the S&P 500 was still trading around $7,466, meaning the position was nearly fully built near the peak.

A whale holding 50 million DAI purchased 10,376 ETH 12 hours ago.

According to on-chain analyst Yujin (@EmberCN), a whale holding 50 million DAI purchased 10,376 ETH for 16.87 million DAI 12 hours ago, at an average price of $1,626 per ETH.

Man from Washington State, USA, sentenced to 5 years for aiding in money laundering of nearly $100 million in cryptocurrency

the U.S. Department of Justice stated in a press release that a 47-year-old resident of Newcastle, Washington, Geoffrey K. Auyeung, has been sentenced to 5 years in prison for conspiracy to commit money laundering.Geoffrey K. Auyeung assisted overseas scammers in transferring nearly $100 million in investment fraud proceeds through bank accounts and cryptocurrency exchanges. The scammers deceived victims into investing in the oil and gas industry, luring them to transfer funds into so-called escrow accounts. To facilitate this, Geoffrey K. Auyeung established at least nine entities to receive funds, which were then transferred overseas or exchanged for cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC via exchanges like Gemini, Coinbase, and BitStamp. Most of these cryptocurrencies were subsequently sent to Binance accounts controlled by individuals in Nigeria and Russia.Geoffrey K. Auyeung opened at least 81 bank accounts across 24 financial institutions and 19 accounts across 8 cryptocurrency exchanges, receiving a total of $97.1 million in wire transfers and deposits. Through his involvement in the scheme, he earned at least $4 million in commissions and received an additional $400,000 in commissions through accounts under his wife's name between August 2024 and December 2025. Auyeung pleaded guilty in February of this year. He will forfeit approximately $2.3 million seized from bank accounts and his home, an Audi SQ8, and has agreed to forfeit approximately $7.1 million worth of cryptocurrency. (The Block)

Bitmine purchased an additional 100,000 ETH worth $163 million yesterday

according to on-chain analyst Ember Monitoring, after ETH fell in tandem with US stocks last night, Ethereum treasury company Bitmine purchased an additional 100,000 ETH, worth $163 million.Bitmine's target is to hold 5% (6 million ETH) of all ETH, and it is currently 400,000 ETH short of that target.

SpaceX IPO investor demand has already exceeded $250 billion, approximately four times oversubscribed

investor demand for SpaceX's initial public offering has surpassed $250 billion, higher than the company's planned fundraising target of $75 billion, with an oversubscription rate of approximately three and a half to four times the planned offering size.SpaceX President Gwynne Shotwell and CFO Bret Johnsen attended a lunch hosted by Morgan Stanley in Manhattan on Tuesday, meeting with around 300 institutional investors. Elon Musk briefly participated in some Zoom investor meetings during the roadshow. Investor demand may still change before the IPO pricing, which is expected to take place on Thursday afternoon. (Reuters)

Garrett Jin Turns Bullish on ZEC, Opens $11.9 Million Position

According to on-chain analyst Onchain Lens (@OnchainLens), Garrett Jin has switched from shorting ZEC to going long, opening a 2x leveraged long position comprising 27,723 ZEC, valued at approximately $11.9 million.

Bitmine increased its ETH holdings by 75,000 tokens over the past eight hours, valued at approximately $123 million.

According to on-chain analytics platform Lookonchain (@lookonchain), Bitmine purchased an additional 75,000 ETH—worth approximately $123 million—from Kraken and FalconX within the past 8 hours.

A whale’s SP500 short position has increased to $147.6 million, with profits of $977,000

According to Lookonchain monitoring, a whale has increased its SP500 short position to $147.6 million, currently realizing a profit of $977,000, with a liquidation price of $8,067.34.

TD Cowen analyst reaffirms Buy rating on Strategy with $400 price target

: BitcoinTreasuries.NET posted on X that Lance Vitanza, an analyst at $150 billion investment bank TD Cowen, reaffirmed a Buy rating on Strategy (MSTR), a bitcoin treasury company, with a price target of $400.

Humanity attacker mints an additional 1 billion H tokens

According to monitoring by crypto analyst 余烬@EmberCN, the Humanity attacker minted an additional 1 billion H tokens 20 minutes ago.余烬 stated that previously, the attacker had minted H tokens in batches of 100 million, but this time directly minted 1 billion. However, as market liquidity continues to dry up, the attacker's ability to cash out has significantly decreased. Currently, selling 10 million H tokens at once can only be exchanged for approximately 6 BNB, worth about $3,600. The price of H has now dropped to approximately $0.0003.

Bernstein: The sharp slowdown in Bitcoin fund inflows stems from retail investors shifting to AI—not quantum computing risks

According to CoinDesk, Wall Street brokerage Bernstein released a research report stating that the primary driver behind Bitcoin’s price weakness in 2026 will be slowing capital flows—not the quantum computing threat feared by the market. The report notes that Bitcoin treasury companies and ETFs combined attracted approximately $12 billion in inflows this year, a sharp decline from $60 billion in 2025; meanwhile, Bitcoin ETFs—holding $75 billion in assets—recorded roughly $2.6 billion in net outflows, with new demand coming mainly from corporate buyers such as MicroStrategy (MSTR). Bernstein analysts attribute the slowdown in capital flows to retail investors’ massive shift into AI-related assets. This year, the strongest-performing segments of the crypto market have been tokenized equities and commodities. Nevertheless, analysts view the ETF outflows as relatively moderate. Bitcoin’s investor base has evolved from one dominated by retail participants to a more diversified group—including ETFs, corporate treasuries, wealth management platforms, pension funds, and sovereign investors—resulting in a healthier market structure. The long-term value-storage thesis for Bitcoin remains intact.

BlackRock sells 3,671 BTC and buys 10,566 ETH

According to Lookonchain monitoring, BlackRock recently sold 3,671 BTC, worth approximately $230 million, while purchasing 10,566 ETH, worth approximately $17.71 million.Previous on-chain data showed that a BlackRock-associated address transferred 3,966 BTC, worth approximately $244 million, to Coinbase. Following this asset rebalancing, the corresponding address added over 10,000 ETH in purchases.

sato’s former top address suffered a cumulative loss of $368,000 from two positions, fully liquidating on June 1

according to on-chain analyst Ai Yi’s monitoring, the former top address (0xe5f...ceaf) of sato fully liquidated on June 1, with a cumulative loss of $368,000 from two positions. Specifically, on May 14, the address sold 374,000 sato at $0.8393, incurring a loss of $215,000 (a 40% loss); on June 1, after actively burning 44,500 tokens, it sold the remaining 444,000 tokens, incurring a loss of $153,000 (a 33% loss).

BlackRock Deposits 3,966 BTC Worth Approximately $244.4 Million into Coinbase

According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 3,966 BTC into Coinbase, valued at approximately $244.4 million.

BlackRock transferred 3,966 BTC to Coinbase, valued at approximately $244 million

Odaily reports, according to Onchain Lens monitoring, an address associated with BlackRock transferred 3,966 BTC to Coinbase, valued at approximately $244.4 million.On-chain data shows this marks another substantial BTC transfer by BlackRock to Coinbase in recent times. Previously, BlackRock had transferred 3,300 BTC and 15,095 ETH to Coinbase, with a total value exceeding $234 million.

Analyst: Bitcoin Bounce Fails to Alter Bearish Structure, A Return Above $80,000 Needed for Trend Reversal

Despite Bitcoin bouncing after falling below $60,000, several market analysts believe this is more likely a technical correction following an oversold condition rather than the start of a new bull market.Analysts at HEX Trust stated that the market has entered an oversold territory. If US inflation data cools and the outflow from spot Bitcoin ETFs slows down, Bitcoin could see further upside. However, a true trend reversal depends on the market’s ability to firmly reclaim the $79,000 to $80,000 range. Until then, any upward movement should be viewed as a corrective rally within a bear market.Alex Kuptsikevich, Chief Analyst at FxPro, is relatively more optimistic. He believes that if Bitcoin can rebound to around $68,000, it could be considered a valid recovery from the downtrend observed between May 11 and June 5.Data shows that the net cumulative outflow from the 11 US spot Bitcoin ETFs over the past four weeks has exceeded $5 billion. On Monday alone, another $91 million flowed out. Analysts point out that ETF fund flows remain one of the key factors determining Bitcoin’s future trajectory.Additionally, the market is closely watching US inflation data scheduled for release on Wednesday. If the inflation figure comes in lower than expected, it could help ease market concerns about further interest rate hikes by the Federal Reserve, thereby providing support for risk assets like Bitcoin. The market currently expects the US inflation rate for May to remain above 4%, significantly higher than the Fed's long-term target of 2%. (CoinDesk)