BNB breaks through the $700 mark

[New Wallet Deposits 1.23 Million USDC into HyperLiquid and Opens 2x Leveraged Short Position on ZEC] A newly created wallet deposited 1.23 million USDC into HyperLiquid and opened a 2x leveraged short position on ZEC. The address still holds approximately $404,000 on-chain, which is expected to be further injected into the trading platform.

[Base Co-founder Criticized for Promoting Soulja Boy Token, ZachXBT Questions Motives] Base co-founder Jesse faced community backlash yesterday for promoting and funding the RUG token issued by Soulja Boy. ZachXBT questioned Jesse for providing a platform for scams and pointed out that Soulja Boy had previously participated in 73 promotions and 16 NFT project launches, many of which were fraudulent. Jesse's earlier promoted 'Base is for everyone' token had once reached a market cap of $20 million before plummeting 90%, and Jesse's personal token, jesse, was also deemed a failure.

[Zhao Changpeng: Does Not Hold Fiat, Uses Crypto-Linked Visa Card for Daily Transactions] During an interview with the head of Pakistan's cryptocurrency regulatory authority, Zhao Changpeng stated that he does not hold fiat currency and rarely uses cash. For daily transactions, he uses a Visa card linked to cryptocurrency as an interface with the fiat world. Zhao Changpeng pointed out that while cryptocurrencies are more volatile than fiat currencies, if using cryptocurrency as the benchmark, he can tolerate hourly or daily price fluctuations.

[Nansen CEO: Still Holding ETH, Ethereum Could Fail Before 2030 If the Community Doesn't Stay Vigilant] Alex Svanevik, CEO of the on-chain analytics platform Nansen, posted on the X platform stating that he personally still loves Ethereum and holds ETH. However, he noted that the Ethereum community is currently filled with a culture of complacency, often dismissing criticism with reasons such as high TVL or subjective metrics. If the Ethereum community does not maintain a sense of vigilance, it will face failure before 2030.

[Binance 'Whole Coin Holders' Inflow Drops to Lowest Since 2018] On-chain data shows that Binance's inflow of 'whole coin holders' with single transactions exceeding 1 BTC has sharply declined. The annual average inflow is approximately 6,500 BTC, marking the lowest level since 2018; the weekly average inflow is around 5,200 BTC, one of the lowest levels in this cycle. Despite the rise in Bitcoin prices, the inflow of whole coins has not increased but rather decreased, indicating reduced selling pressure from large holders, as well as the diversion of funds due to high valuations, increased exchanges, and the expansion of DeFi.