In the past 1 hour, the "main explosive multiple orders" have sold out $16.03 million across the entire network, with multiple orders selling out $10.67 million

According to Cryptopolitan, blockchain investigator ZachXBT has accused BitMEX co-founder Arthur Hayes of liquidating four previously publicly favored cryptocurrency tokens within two weeks, questioning whether his followers have taken on the responsibility of "withdrawing liquidity". Hayes' operations include: on May 22nd, calling HYPE, ZEC, and NEAR the "Holy Trinity" and establishing long positions; Clearance of HYPE and NEAR on June 4th; Sell ZEC on June 5th, citing privacy narrative and Orchard pool vulnerabilities; Sell WLD on June 6th, stating abnormal chart trend.

A whale bought 1656 BTC at a unit price of 59700 US dollars, with a total amount of approximately 989 million US dollars. Three hours ago, it transferred it to Binance and made a profit of 3.5 million US dollars in just two days. （Lookonchain）

According to CoinDesk, Greg Cipolaro, Global Research Director at NYDIG, stated that the decline in Bitcoin is not due to a single cause, but rather a combination of multiple factors. The AI sector attracts funds to flow out of the cryptocurrency market, as investors prepare funds for technology IPOs such as SpaceX, OpenAI, and Anthropic, and institutions may reduce their holdings. The US Treasury Secretary announced the seizure of approximately $1 billion in Iran related cryptocurrency assets, raising concerns about government intervention. The threat of quantum computing is receiving renewed attention, and Strategy's sale of 32 BTC has limited impact on supply, but significant psychological effects. On chain data shows that multiple indicators are approaching historical lows, with the MVRV ratio dropping to 1.2 and the proportion of profitable supply falling below 50%.

Senator Lummis stated that the Clarity Act has been reviewed by the committee and will be submitted for discussion in the plenary session. （Cointelegraph）

According to The Block, JPMorgan analysts suggest that Strategy may need to rebuild its US dollar reserves to alleviate market concerns about future Bitcoin sales. The recent sale of 32 bitcoins by Strategy has caused a market shock, as the current US dollar reserves can only cover about 6.3 months of dividend payments. The company holds 843706 bitcoins with an average cost of $75699, resulting in a book loss of approximately $11.5 billion at current prices. If the purchasing speed from the beginning of the year to the present is maintained, the Bitcoin purchase volume may reach about 32 billion US dollars in 2026. Analysts predict that the probability of the encryption bill passing this year is less than 50%.