News linked to both this project and an event.
According to on-chain analytics platform Lookonchain (@lookonchain), Garrett Jin (#BitcoinOG1011short) has deposited his remaining 225,627 ETH (approximately $528.19 million) into Binance. This brings his total ETH deposits into Binance over the past four days to 577,896 ETH, valued at roughly $1.35 billion. Data shows that most of this ETH was acquired eight months ago via BTC conversions, when ETH was trading at approximately $4,591; based on current prices, his unrealized loss stands at roughly $1.3 billion.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address 0xc79 purchased 2,153 ETH for $5 million USDC two hours ago at a price of $2,322 per ETH. The address currently holds 227 cbBTC, valued at approximately $18.68 million, and $5.13 million in USDC.
Odaily News Over the past year, the ETH/BTC trading pair has cumulatively fallen by more than 35%, with the market structure continuously weakening, raising concerns about further downside risks. Analysts point out that the ETH/BTC trend remains suppressed by a multi-year descending trendline, a structure that has repeatedly capped rebounds since 2022 and was accompanied by a nearly 70% correction during the 2024–2025 market cycle.Currently, after attempting a rebound in August 2025 to the confluence zone of the 0.382 Fibonacci retracement level and the 50-month moving average, ETH/BTC was rejected and has subsequently broken below support at the 20-month moving average, indicating sustained selling pressure dominance. Technical models suggest that if this weakness persists, the next key support level could be around 0.0176 BTC, representing approximately 40% downside from current levels and approaching the cycle low area of 2020.On-chain data shows that ETH reserves on Binance have continued to rise, reaching approximately 3.62 million coins as of May, accounting for about 24.6% of the total exchange holdings across the network, signaling increased potential selling pressure. In contrast, Bitcoin exchange reserves have continued to decline, reflecting tightening BTC liquidity and stronger holding sentiment.The analysis suggests that this divergence in data reinforces ETH's relatively weaker market structure. Meanwhile, at the narrative level, the "ultra-sound money" narrative surrounding Ethereum has cooled off, while Bitcoin continues to benefit from institutional allocation and corporate treasury demand, placing ETH under pressure from both capital flows and market narrative. (Cointelegraph)
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address swapped 40 BTC (approximately $3.23 million) for 1,384.6 ETH via THORChain, then transferred the funds into Tornado Cash for coin mixing.
according to Onchain Lens monitoring, the whale address 0x674 spent approximately $17 million USDC to purchase 7,284 ETH at an average price of $2,334, and subsequently transferred the ETH to Lido for staking.
According to on-chain analyst Yujin’s monitoring, the whale who lost $230 million due to long-position liquidations on Hyperliquid in February has transferred 108,000 ETH (approximately $250 million) to Binance in the past half hour. Within the last three days, this address has cumulatively transferred 352,000 ETH (approximately $823 million) to Binance. The whale’s on-chain address currently still holds 11,500 BTC (approximately $930 million) and 225,000 ETH (approximately $520 million).
According to on-chain analytics platform Lookonchain (@lookonchain), an early Ethereum holder transferred all 52,170 ETH to a new wallet four hours ago, valued at approximately $120.61 million. Data shows that this address withdrew 42,572 ETH from Kraken six years ago when ETH was priced at just $246—valued at approximately $10.48 million at the time.
Crypto trader Eugene posted on his personal channel that, as Bitcoin hovers near $80,000, multiple market charts are already showing “bottoming-out” signals. He expects the real rally to begin within the next week or so, potentially propelling numerous altcoins to break out of their current consolidation ranges. Judging by overall trading volume and open interest (OI) levels, most tokens currently require only modest marginal buying pressure to drive price increases—indicating the market remains broadly “under-allocated.” He believes the key catalyst lies in whether BTC can convincingly break above the $80,000 level and trigger new upward trends across major tokens such as ETH, SOL, and HYPE. Eugene also expressed hope that the market won’t encounter strong resistance leading to a pullback at this level.
Odaily News: Margaret Garnett, a U.S. District Judge in Manhattan, has approved Aave's asset recovery proposal, allowing the transfer of approximately $71 million in ETH previously frozen on Arbitrum and linked to North Korean-linked attacks, to a wallet controlled by Aave LLC, while preserving the legal claims of terrorism victim plaintiffs over the funds. The ruling also amended the earlier freeze notice against the Arbitrum DAO, permitting the transfer to be executed through an on-chain governance vote and exempting those who propose, vote on, or participate in the transfer from liability under the freeze order. The transfer is still subject to an official vote by Arbitrum's on-chain governance. (CoinDesk)
According to data from Trader T (@thepfund), yesterday’s Ethereum spot ETFs recorded a net inflow of $3.59 million, with funding sources highly concentrated: only BlackRock’s staking product $ETHB saw a $3.59 million inflow, while all other products—including Fidelity’s $FETH, BlackRock’s $ETHA, and Grayscale’s $ETHE—recorded zero inflows.
According to Lookonchain monitoring, the US Bitcoin ETF saw a single-day net outflow of 2,022 BTC, valued at $161.53 million, with a 7-day net inflow of 18,496 BTC, worth $1.48 billion; the Ethereum ETF recorded a single-day net outflow of 34,349 ETH, valued at $78.35 million, with a 7-day net inflow of 73,153 ETH, worth $166.86 million; and the Solana ETF had a single-day net inflow of 76,912 SOL, valued at $6.85 million, with a 7-day net inflow of 368,912 SOL, worth $32.83 million.
Bitcoin has fallen below the $80,000 mark, ending a five-day streak of net inflows into spot ETFs, with the market's rebound momentum from the February low showing signs of cooling.The US added 115,000 non-farm payroll jobs in April, surpassing the expected 62,000, while the unemployment rate held steady at 4.3%. Although the data was relatively strong, it did not significantly alleviate market concerns about macroeconomic uncertainty. Instead, it reinforced the expectation that "energy-driven inflation limits the scope for rate cuts."In terms of capital flows, spot Bitcoin ETFs saw net outflows of $277 million on Thursday, ending a cumulative inflow streak of $1.69 billion. Ethereum ETFs also recorded net outflows of $104 million on the same day, indicating a short-term cooling in institutional risk appetite.On the geopolitical front, tensions between Iran and the US have reignited, prompting the market to reprice the risk associated with the Strait of Hormuz. Crude oil prices have rebounded, partially offsetting the previous support that risk assets had gained from falling oil prices.The derivatives market, meanwhile, reflects a more prolonged hawkish outlook. Interest rate futures pricing suggests over a 50% probability of rate hikes persisting beyond 2027, pushing the potential easing cycle back to 2028.On-chain data shows that the recent Bitcoin rally was primarily driven by institutional spot buying and short covering, with retail participation remaining low. Funding rates have stayed moderate, indicating a relatively weak market momentum structure. Analysts suggest that if retail capital does not return, BTC may still face the risk of retesting the $75,000–$78,000 support range. (The Block)
according to on-chain analyst Ai Yi’s monitoring, the agent of the “1011 insider whale,” which once suffered a liquidation of $230 million, has deposited another 78,100 ETH into Binance half an hour ago, valued at approximately $178 million. Over the past three days, the entity has transferred a total of 244,100 ETH to the exchange, worth $574 million. The address still holds over 300,000 ETH on-chain.
: According to Onchain Lens monitoring, “1011 Insider Whale” agent Garrett Jin deposited 78,077 ETH into Binance, worth approximately $177.92 million.
According to the official documentation of the prediction market platform Polymarket, the Bridge Deposit page has consolidated the previously separate Ethereum and Polygon deposit recovery tools into a single tool, and removed the original "matic-recovery[.]polymarket[.]com" link.
according to Onchain Lens monitoring, a whale opened a long position of 443.42 BTC on Hyperliquid with 20x leverage, with a position value of $35.35 million. The whale previously suffered a loss of $150,000 trading ETH.
According to The Block, the Arbitrum DAO voted to release 30,765.6 ETH (approximately $70 million), previously frozen, to support the DeFi United initiative—aimed at offsetting Kelp DAO’s $292 million exploit loss last month. The vote passed with 90.96% support (182.2 million votes). The attack was allegedly carried out by the North Korean Lazarus hacking group, which exploited a vulnerability in LayerZero’s OFT cross-chain bridge—a single-validator configuration—which allowed attackers to steal 116,500 rsETH and pledge most of the stolen assets as collateral on Aave, resulting in roughly $190 million in bad debt. DeFi United has secured contributions from multiple parties, including 30,000 ETH from Consensys and Joseph Lubin, a 30,000-ETH loan from Mantle, and 5,000 ETH from LayerZero.
according to Lookonchain monitoring, an address (0x806...2904) has been swing trading ETH with 4.38 million USDT since February 2. Over a period of more than 3 months, it cleared its ETH position 3 hours ago, leaving 3.4 million USDT, resulting in a loss of 1.48 million USDT.
According to on-chain analyst Onchain Lens (@OnchainLens), Grapefruit Trading has staked 33,370 ETH (valued at approximately $76.13 million) to the Ethereum 2.0 network.
According to on-chain analyst Onchain Lens (@OnchainLens), a wallet associated with Metalpha has deposited 8,771 ETH—worth approximately $20 million—into Binance.