Whale Alert
130.2M $USDT (≈130.1M) moved from #Bitfinex to #Kraken.
130.2M $USDT (≈130.1M) moved from #Bitfinex to #Kraken.
The body does not provide specific reasons for the transfer of $USDT between the exchanges.
The body does not detail the impact of the $USDT transfer on Kraken's liquidity.
Stories our editors think pair well with this one.
The structural fractal keeps lining up with the 2018 drawdown, but liquidity and business-cycle signals point to a shorter cycle and a market bottom likely landing before year-end.
827 $BTC (≈52M) moved from Coinbase Institutional to unknown wallet.
827 $BTC (≈51.9M) moved from Coinbase Institutional to unknown wallet.
827 $BTC (≈51.9M) moved from Coinbase Institutional to unknown wallet.
The KOSPI has shed 10% since Friday and Upbit volume jumped 1,426%, an unwind of the chip-trade exit that pulled Korean capital out of digital assets late last year.
The RHODL Ratio hit 6.5, its second-highest reading ever, then rolled over while price stayed flat, a pattern that historically precedes major moves rather than collapses.
Catch up on earlier coverage from this beat.
The timing is the story: Hayes exited near $72, watched HYPE fall 23% to sub-$56, then re-entered the same size. That is a round-trip, not a thesis change.
Ventuals, the platform offering pre-IPO perpetual contracts on Hyperliquid, has announced it will compensate traders…
300M $USDT (≈299.9M) moved from #HTX to unknown wallet.
The odds — 66% under $55K, 50% under $50K, 31% under $40K on Kalshi — reflect $3.4B in U.S. spot ETF outflows this May-and-June and a rotation toward AI equities, with capital parking in stablecoins…
2.1K $BTC (≈139.1M) moved from Coinbase Institutional to unknown new wallet.
The 3.8M spent so far is the smaller story — a single address pulling fresh USDC onto the venue signals intent to keep buying, not just rotate from existing stables.
Benjamin Cowen
CoinDesk
Lookonchain
TheBlock