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Bankless founder, who has fully exited ETH, expresses support for Ethlabs, calling it "the brightest future for Ethereum"

Odaily News David Hoffman, the founder of Bankless who previously liquidated all his ETH, posted on X regarding the newly established Ethlabs, stating: "The Ethereum Foundation (EF) deliberately left a power vacuum, allowing new organizational structures to step up and influence the direction of Ethereum's development.""I believe the direction Ethlabs is leading represents the brightest future for Ethereum. I am pleased to and will continue to support them on their journey ahead."Previously, David Hoffman publicly stated in late May that he had fully exited his ETH positions. Last night, several former Ethereum Foundation researchers announced the establishment of the non-profit organization Ethlabs, aiming to drive Ethereum into its next phase of growth. Bitmine, SharpLink, and Joe Lubin have all expressed their support.

Yesterday, Ethereum spot ETFs saw a net outflow of $66.11 million.

According to Trader T (@thepfund), yesterday’s Ethereum spot ETF saw a net outflow of $66.11 million.

Yesterday, Bitcoin spot ETFs saw a net outflow of $68.19 million.

According to Trader T (@thepfund), yesterday’s Bitcoin spot ETF saw a net outflow of $68.19 million.

Analyst: Bitcoin cycle momentum indicates the bear market has not yet ended

Gaah, an analyst at CryptoQuant, stated that the Bitcoin cycle momentum indicator has yet to break above the neutral zone of 0, suggesting the bear market phase has not yet ended. The indicator has declined to around −30—a level historically associated with the formation of cyclical bottoms and has repeatedly served as a key support level for Bitcoin. However, to confirm a trend reversal, price must form a bullish pattern while the indicator breaks above the neutral zone.

Betting on the continued U.S. stock market correction, a chain-based trader shorted the S&P 500 with 50x leverage within one hour.

According to Hyperinsight monitoring, within the past hour, a trader’s address on Hyperliquid aggressively opened a large short position on the S&P 500 Index (xyz:SP500). The address opened this position at approximately $7,454.5 using 50x full-leverage margin, shorting roughly $1.956 million worth of the S&P 500 Index (SP500).

A whale is long 36.33 million USDT worth of ETH, currently with an unrealized profit of approximately $32,000

according to monitoring by Ai Yi @ai_9684xtpa, address 0xa2e…f1468 opened a long position on ETH three hours ago, currently holding 21,000 ETH with a position value of approximately $36.33 million. The entry price is $1,728.5, and the current unrealized profit is about $32,000. This is the eighth largest ETH position on the Hyperliquid platform.

On-chain whales have taken long positions on xyz:DRAM worth over $3 million, placing take-profit orders near $76–$77.

According to Hyperinsight monitoring, a whale address (0x540...f802) on Hyperliquid previously held a long position of 45,838 xyz:DRAM tokens (valued at approximately $3 million), with an average entry price of $60, an unrealized profit of $739,029, and a liquidation price of $47.5.

A certain address has received a cumulative total of 425 million ONDO; 8 hours ago, it received another 150 million ONDO transferred from the Ondo team's multi-signature wallet.

according to on-chain analyst Ai Yi's monitoring, the Ondo team's multisig wallet transferred 150 million ONDO (worth $49.56 million) to a certain address 8 hours ago. This address has received a cumulative total of 425 million ONDO since April 22, worth a total of $147 million. After the two previous transfers, the tokens were deposited into Coinbase in batches; the purpose remains unknown.

A major whale opened leveraged long positions in SOL and ETH totaling $24.34 million.

According to Onchain Lens monitoring, a whale opened a combined long position worth approximately $24.34 million, including a 20x leveraged long position on 225,004 SOL and a 25x leveraged long position on 4,723 ETH.

A trader opened a $106 million 20x long position on Bitcoin.

According to Lookonchain, trader 0x50b3 has opened a new 20x leveraged long position of 1,653.8 BTC, valued at approximately $105.77 million at the current price.

Two whales long 2,754 BTC today, with a total position value of $175 million

According to on-chain analyst Ember's monitoring, two whales opened long positions on BTC today, with a total position value of $175 million. One whale went long 1,654 BTC, with a position value of $105 million, at an entry price of $64,130. The position is currently showing an unrealized loss of $500,000, with a liquidation price of $59,076. The other whale went long 1,100 BTC, with a position value of $70.2 million, at an entry price of $64,508. This position is currently showing an unrealized loss of $750,000, with a liquidation price of $61,723.

Benchmark 分析师:STRC 与 Terra 稳定币有本质区别

Benchmark-StoneX 分析师 Mark Palmer 指出,Strategy 旗下 STRC 产品虽近期波动,但其机制与导致 Terra 崩溃的算法稳定币存在根本差异。

Whale James Wynn’s 40x Bitcoin short position partially liquidated again

According to Onchain Lens monitoring, trader James Wynn has recently faced repeated liquidations. His 40x-leveraged short Bitcoin position was again partially liquidated.

A whale has opened a new long position of 70,000 SPCX with 20x leverage, valued at approximately $11 million

as monitored by Onchain Lens, amid the decline of SPCX, a whale opened a new long position of 70,000 SPCX with 20x leverage, valued at approximately $11 million, with a liquidation price of $134.42.

Jaredfromsubway Attacker Transfers 2,000 ETH and Sells 1,422 ETH

According to on-chain analyst Onchain Lens (@OnchainLens), the attacker behind the well-known MEV bot Jaredfromsubway laundered 2,000 ETH via Tornado Cash, worth approximately $3.44 million at current prices.

A whale holding $31.36 million in HYPE has purchased 60,392 HYPE from Gate

According to Onchain Lens monitoring, a whale has purchased 60,392 HYPE from Gate, valued at $4.18 million. The whale currently holds 457,212 HYPE, worth $31.36 million.

MGBX will list CRCLB (Circle), SNDKB (SanDisk), and TSLAB (Tesla) for spot trading

Odaily Odaily Planet Daily reports, according to official sources, MGBX will list CRCLB (Circle), SNDKB (SanDisk), and TSLAB (Tesla) for spot trading at 18:00 (SGT) on June 22, 2026.Deposit opening time: 16:00 (SGT) on June 22, 2026Trading opening time: 18:00 (SGT) on June 22, 2026Withdrawal opening time: 19:00 (SGT) on June 23, 2026CRCLB: CRCLB is a Binance bStocks tokenized security, corresponding to the underlying asset Circle Internet Group. Circle is the operator of the Circle Payments Network (CPN) and provides products and services to financial institutions participating in the network to assist them in accessing and integrating with CPN.SNDKB: SNDKB is a tokenized bStocks, corresponding to the underlying asset SanDisk. SanDisk Corporation is a global flash memory storage company that designs and manufactures products such as SD cards, USB flash drives, and solid-state drives for both consumers and enterprise users.TSLAB: TSLAB is a tokenized bStocks, corresponding to the underlying asset Tesla. Tesla is a vertically integrated sustainable energy company, also dedicated to advancing the global transition to electric mobility through the manufacturing of electric vehicles.

Holding SHIB for Four Years, Still Valued at $457 Million: Top Address Sells 3.8 Trillion SHIB in Past Month

According to monitoring by on-chain analyst Yu Jin, an address purchased 103 trillion SHIB with 37.8 ETH in 2020, accounting for 17.4% of the total supply, worth $13,700 at the time. This address has sold 3.8 trillion SHIB over the past month, valued at $20.73 million. SHIB has dropped 14.5% in the last month.The 103 trillion SHIB held by this address was valued at $9.1 billion at its peak price in 2021. It currently still holds approximately 96.27 trillion SHIB, representing 16.3% of the total supply, worth $457 million.

Both Strategy and Bitmine have unrealized losses of approximately $9 billion each.

: According to on-chain analyst EmberCN, Strategy (MSTR) purchased 520 BTC last week at a price of approximately $67,068, valued at $34.87 million. The company currently holds a total of 847,363 BTC, worth approximately $55.01 billion, with an average cost price of $75,651, resulting in an unrealized loss of $9.093 billion.Bitmine (BMNR) purchased 52,203 ETH last week at a price of approximately $1,751, valued at $91.43 million. The company currently holds a total of 5,672,956 ETH, worth approximately $10.007 billion, with an average cost price of $3,407, resulting in an unrealized loss of $9.32 billion.

ARX (ARCIUM) has been launched on Bybit’s spot trading platform, and the ARX Trading Competition is now live.

According to the official announcement, Bybit Spot has launched ARCIUM (ARX/USDT) on its spot market at 12:00 PM UTC on June 22, and deposits are now open. Meanwhile, ARX has been added to Bybit’s Token Splash trading competition, giving eligible users a chance to share in an ARX prize pool worth up to 450,000 tokens. Arcium is a cryptographic computing network built for the Web3 era, with the core objective of enabling trusted computation and collaboration across institutions, applications, and blockchain networks—without exposing raw data.