Sonic Labs sells $10 million worth of tokens to Galaxy for expansion in the United States

According to the 2-hour cycle display, the main selling volume in the past 12 hours reached $575 million, far exceeding the buying volume of $336 million, with a net outflow of $239 million and a buy to sell ratio of 1: 1.71. The main force showed a clear willingness to short. Combined with the two large selling transactions of over $30 million in Binance contracts last night, bearish pressure has further intensified. At the same time, the KDJ indicator has a dead cross and is in the overbought area. Although the price is above EMA24/52, the short-term average has shrunk by 47%, and trading activity has significantly decreased. The technical and main capital flows both point to the risk of a pullback. Open a membership, keep track of the main trends in real time, seize key turning signals, and easily outperform the market! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

OKX-STX is currently priced at $0.6479, with a 10.8% drop over 24 hours. 24-hour transaction volume of 100 million US dollars, up 258.16%, for reference only

BlockBeats news, on June 7th, according to @ EmberCN monitoring, James Wynn's on chain address has been cleared, and the remaining assets have all entered CEX, totaling 1.91 million USDC. Among them, the transferred amounts are: $1.5 million for Kucoin, $335000 for MEXC, and $75000 for Gate.

According to BlockBeats, on June 7th, Mike Feroli, Chief Economist of JPMorgan Chase, stated that for the Federal Reserve, the May employment report is almost tailor-made, which reinforces their current tendency to remain inactive and patiently wait for developments in employment and inflation to determine future policy direction. This turned the June Federal Open Market Committee (FOMC) meeting into an 'insignificant event'.